The Power Of Artificial Intelligence
Updated: May 1, 2019
Artificial intelligence (AI) is an area of computer science that aims to create intelligent machines. It has become an essential part of the technology industry, simulating human intelligence processes such as learning, reasoning and self-correction.
The development of AI has not been a fast process. Starting as an exciting, imaginative concept in 1956, AI research funding was cut in the 1970s, after several reports criticised a lack of progress. At that time AI was described as a toy that was only able to handle simplistic problems. However, AI research resumed in the 1980s, when the US and Britain decided to compete with Japan’s new “fifth generation” computer project. Machine learning algorithms have improved significantly since then, allowing people to scale and speed up their business needs. We have come a long way since the 1980s. SiriusInsight.AI is a very current examplar of what is now possible.
The SiriusInsight platform incorporates very high-accuracy Computer Vision, deployed for example in the maritime environment where it reduces risk and maximizes efficiency. Let’s have a look at Computer Vision in more detail.
Computer Vision is a field of AI that trains computers to interpret and understand the visual world. Computer Vision enables machines to identify an object from an image, and then react to what they “see”. For example, it can identify a vessel in a grainy picture (optical or radar) taken from space which might also include clouds, waves, rocks, land, etc. A human could do this but not at the same speed or scale as the machine.
One of the most important capabilities of SiriusInsight’s use of AI is our ability to analyse satellite imagery and enable geospatial data analytics. The rapid increase in the availability and improvement in the level of detail of satellite imagery and the advancements in computer imagery have helped to create unique solutions in analyzing the maritime domain on a scale that has never been done before.
The value of Computer Vision is significant in the enhancement of the capabilities of SiriusInsight maritime's stakeholders. Computer Vision helps to streamline processes and eliminate human mistakes, saving time and cutting costs. Indeed, accuracy rates for object identification and classification have gone from 50% to 90+% per cent in less than a decade. Today’s systems can detect and react to visual inputs more accurately and quickly than humans.
SiriusInsight’s clients, for example, such as shipping companies and investment firms can now count the number of ships arriving and leaving ports to gauge the trade volume of a country. Computer Vision also allows tracking a bounded area, with alerts and updates being sent when changes happen in the specific area. Enhancements to Computer Vision enable predictive capabilities around ships being tracked, which allows operators and analysts to gain better predictive insights and enhance their maritime situational awareness.