ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the links.
BUSINESS
COMMUNICATION
Leading
bot platform Gupshup on Monday announced the launch of InterBot, a first of its
type bot-to-bot communication platform aiming to revolutionise botkind.
With
the power to communicate with each other, robots or simply bots will be able to
transact, co-ordinate, compete, collaborate and negotiate with each other.
Interbot
communications enable many new possibilities. For instance, shopping bots can
negotiate with merchant bots to find the best prices; a taxi bot can ask the
cafe bot to have the coffee ready by the time the user's taxi arrives; personal
assistant bots can schedule meetings on behalf of humans. Bots can form groups and
hierarchies to improve decision-making within the enterprise.
"InterBot
unleashes endless possibilities that lead to more intelligent bots and systems.
Just as the human civilization harnesses the collective power of individual
humans, InterBot enables bots to perform collective action dramatically
amplifying individual bot capabilities. InterBot represents one small step for
bot, one giant step for botkind," said Beerud Sheth, CEO, Gupshup.
Inter-bot
communication offers new capabilities that are difficult to create with APIs.
Unlike APIs, bots can be asynchronous and bi-directional. Bots can enable
distributed computing in ways that APIs cannot.
To
use InterBot, bots will first have to publish themselves on this new channel.
These bots can exchange services and learn from each other. Developers can now
create bots by connecting them with each other, like Lego blocks, where the
output of one bot becomes the input of the next.
Humans
and bots can come together to create intelligent hybrid solutions better than
either can alone. Developers can use InterBot to create a mega-bot to perform
complex tasks that could be impossible for an individual bot.
Gradually,
bots will become smarter, self-healing and reproductive. Bots will become
smarter by asking other bots for help when they need it. They will self-improve
or self-heal by replacing components with newer and better component when it
emerges. Bots will be able to produce or reproduce other bots through bot
composition.
INDIA BUSINESS
After
Google’s entry into Indian food delivery sector with Aero, the world’s largest cab
aggregator Uber is looking to do the same with its UberEATS service set to launch in India in the second quarter of the
current financial year.
Powered by
the same technology that makes its transport mobile app efficient and
cost-effective, ordering food from UberEATS will most likely be as easy as requesting a ride.
Not only
will it give consumers, restaurant partners, and delivery partners more
options, restaurants can even register themselves in order to reach out to more
customers.
The launch
will be headed by Manan Javeri, former McKinsey executive who joined Uber in 2015, reported The Economic Times. He will most likely directly report to Uber's Asia Pacific
head Allen Penn.
UberEATS has been hiring city general managers, city-level restaurant
operations managers as well as branding and sales heads across Bengaluru,
Hyderabad, Pune, Mumbai, Chennai and Gurugram, the report added.
The
US-based company had started UberEATS in 2014 as a small delivery pilot in Los Angeles. Since
then, it has been expanded to become a stand-alone app. It is currently
available in 58 cities globally, including Bangkok, Singapore, Tokyo, Hong Kong
and Taipei.
"I am
incredibly excited about bringing UberEATS to India. This is a significant investment, it spans across
multiple cities and regions, and it has the potential to change the food industry - with the push of a button - in one of the most
vibrant food cultures in the world," UberEATS Asia Pacific Head Allen Penn said in a blog post.
This comes
at a time when major food delivery chains, including Zomato and Swiggy are looking to expand their business nationally. Similarly, food applications and websites like FreshMenu, Faasos, Holachef
are rapidly marking their footprints in Mumbai, Bengaluru and other cities.
SUPPLY CHAIN
Apple
Inc. is responsible for the health or mortal sickness of the cottage industry
of companies that make parts for iPhones or assemble them. It turns out Apple
can also be hurt by the interconnected supply chain.
On
tap starting this fall will be a shift from two new versions of the iPhone to
three. The two expected in Apple’s typical September launch window will be
updated versions of the iPhone 7 and its larger-screen sibling, the iPhone 7
Plus.
The
big deal for this year—the 10th anniversary of the iPhone—is a drastically
different new phone with a more vibrant type of screen and extra real estate,
thanks to slimmer frames around the edges. Wall Street has already grown excited
that this reimagined iPhone will set off a rush of people splurging for a cool
new iPhone with a big ticket price.
_________________________________________________________________
Source of Information
for this issue: Google alert accessed on Apr 24, 2017
Knowledge Is Power. Be Informed, Be Knowledgeable, Be
Powerful.
Best wishes
Compilation
Sabita Sahu
Asst Librarian
Information and
Documentation Division, Chanakya Central Library
Asian School of
Business Management
Shiksha Vihar Bhola,
Barang Khurda Road,
Chandaka
Bhubaneswar-754012
www.asbm.ac.in
Tel:0674-2374832,
2374833
E-mail:library@asbm.ac.in,
Sabita Sahu, Asst Librarian, Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in
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