Showing posts with label AI technology. Show all posts
Showing posts with label AI technology. Show all posts

Sunday, June 16, 2019

Droom Is All Set To Launch Its AI Lab And Hiring AI/ ML Experts


The AI space is growing constantly, and within 4 years it has increased 270%. Indeed, this makes sense for Droom to step into the artificial intelligence space. Being an automobile marketplace and tech startup, Droom has invested Rs 50-crore to set up a new AI lab. 

The company revealed the plan after raising the fund of Rs 207 crore, which was accumulated in its last funding round.  Droom is very active in its endeavor and planning to hire AI and ML experts that can accomplish this plan and work in this innovation lab.

The endeavor aims to leverage AI with big data and machine learning. Altogether,  the overall planning includes development of advanced technologies to boost up its marketplace offerings and acquire a larger customer base. Droom is a leading internet startup having more than 80% domination of online automobile transaction. 

Indeed, the notion is profitable for Droom and developing artificial intelligence capabilities will strengthen its market share. Earlier, its integrated platform with its amazing ecosystem tools like credit, Eco, OBV and history. These all are based on AI and machine learning tools with advanced functionalities. Altogether, these are embedded with Dashboard,- a high-level feature that provides customers a 360-degree delineation of a vehicle. They accomplish this by scanning picture of its registered number plate and vehicle.  At Droom's AI lab, experts are working on dissimilar projects like Advance Alert System that notify customers about the maintenance needs of cars by employing OBD Data. 

Altogether, the company is involved in enhancing its engine system at AI Lab for improved references. The company has hired many AI/ML experts and graduated from IIT, NIT, and NSIT.           

Earlier the company put forth its plan to create high-end advanced technology, and now it is active and brings plans into process. The AI lab will speed up the research and development of various new technologies in various areas. It will boost up the improvements in recommended engine system for higher quality references and customer alerting and more. 


Indeed, AI technology is being rightly used and bring various advancement in the space of autonomous cars. Actually, Droom strives to be the first company to deal in the niche of product offering with AI.  

The founder and CEO of Droom, Sandeep Agrawal said  "Droom has now entered the fifth year of its operations and has been building an integrated platform. Setting up our AI lab is an integral part of the innovation. We at Droom are leveraging these to create new products and revamp the existing ones, thereby catering to our customer-base better."


It would be exciting to see how this company will transform the automotive space and bring new solutions. To know more about it, STAY TUNED with Techugo.


Thursday, May 23, 2019

Artificial Intelligence Is Transforming The Businesses


Trends are something which always keep us updated with the new fashion, technology, interiors, accessories and unlimited no. of other fields which can be beyond our imagination. Have you ever shifted the interests of your normal life towards something latest and trendy? If Not, then you are far away to experience something new and better that can transform your life.

 Latest updates are not only the requisite of the modern life but also of the modern business as well. There are multiple domains of the business and every business has to maintain the pace with the new trends in order to survive in the market successfully.

We must agree that apps are the most successful gift of the technology. The magic that works behind the success of the apps is the new updates and techniques used. So if now you have decided to revive the procedure of the development of apps and infuse something fascinating in the apps then read ahead and grab some interesting ideas…

In spite of numerous constraints while forming the app, Artificial Intelligence has unfolded the new phases in which an app can behave or we can say that AI technology has taken the apps towards an amazing transformation in their work ability.

AI has modified the meaning of the UI design and has revealed the new platform for the users to experience the utility of the Intelligence system in their lives. AI has become the smart option to fulfill the vivid tasks which has reduced the usage of human intelligence and indulgence in technology. It has taken the world by storm with its stupendous capabilities used in apps to escalate their functioning. Voice search and Google assistant are best examples to understand the worth of AI.

Benefits of Artificial Intelligence (AI)
Customer satisfaction and user-friendly experience can be the utmost priority of any application. Use of AI technology can be the best means to enhance the users' experience and also to augment the capabilities of an application. On the other hand, the use of AI makes feasible for the developers to create intelligent apps for the internet. Further defining the role of AI it can be used to access real-time insights with the help of cognitive interface, advanced analytics etc.

AI works as per the users’ behavior and offers the more personalized and need-based solution, which allows the mobile app to build that special relationship with the users, where users get more inclined towards using the different aspects of the app. It offers ‘Smarter Home’ experience and boosts sales for E-Commerce.

Indeed there is much more to be experienced with mobile app technology, and the mentioned facts are just a glimpse of that surprise bucket. But with these facts as well you can see that how well new technologies like React Native and other would improve the user experience and value to your brand identity as well.

Hence, you must reach the leading an artificial intelligence to help you craft a mesmerizing app solution embedded with AI technology.


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