Does AI increase company profitability? AI (Artificial Intelligence) is a software tool that can perform specific tasks using enormous amounts of data and mathematical algorithms. Artificial intelligence finds patterns in the data and makes predictions and decisions based on them. AI can provide greater efficiency in various work processes and increase profitability. For example, AI
The advances in information technology allow people to develop accurate machine learning models that can learn from collected data. The application of such models helps to predict the demand for various products, such as goods sold in grocery stores. Retail chains sell a wide range of products which are ordered using different algorithms. One of
Did you know that artificial intelligence can also be used in museums? The Estonian National Heritage Board launched an exciting project called kratt Sälli* whose purpose is to make conducting inventories in museums quicker and more convenient. Due to the large amount of museum objects, it is not feasible for museum staff to thoroughly examine
Did you know that robots aren’t just made for scrubbing the floors and other types of dirty work? They can be used to do lots of other exciting things, like theatre. To break the cult of robots scrubbing floors and mowing lawns, MEDITA researcher Liina Keevallik took it upon herself to do something particularly cultural and beautiful with robots – robot theatre.
Have you ever heard a bird sing while walking in the park or in the woods and wondered which bird sings so beautifully? STACC and Lapponica have developed a powerful bird song recognition application that allows you to record a bird song and identify which bird the song belongs to. Lapponica is a company created
With the support of EU money, Aurora Solutions OÜ is creating a VAT and customs declaration service platform that enables countries to significantly increase tax revenue collection. On January the 1st next year, a new VAT directive on international e-commerce will come into force in the European Union, abolishing the minimum import threshold for shipments