20 November 2017
Cutting-edge advances in the fields of artificial intelligence and robotics were the highlight at the Institution of Engineering and Technology’s (IET) Innovation Awards ceremony in central London last night.
They include innovations to improve data analysis and productivity in businesses, support the due diligence process for lawyers, recycle food waste into energy and enhance critical surgery procedures.
Laura Networks scooped the top prize in the Information Technology category for its pioneering cognitive risk manager virtual robot that uses artificial intelligence and machine learning technology to process data more effectively, facilitate decision-making and improve productivity.
Luminance Artificial Intelligence came out on top in the Horizontal Innovation category for its revolutionary legal technology that uses machine learning to support merger and acquisition lawyers in the due diligence process. Luminance’s technology exceeds the capabilities of existing legal software by using artificial intelligence that learns and understands like the human brain.
For the winning entry in the Energy category, artificial intelligence was combined with other key scientific areas such as big data and the internet of things to develop IntelliAD, an automated kitchen-fitted food waste digester that safely and completely reprocesses food waste into clean energy, thereby reducing the loss of up to 70% resource in food waste before it is recycled.
Among the shortlisted entries in the Emerging Technology Design category were Cambridge Consultants for their innovative surgical micro-robot Axsis. While robotics is already transforming surgery in the healthcare industry, their radical miniature system can support a much wider range of procedures such as cataract surgery.
A revolutionary radiotherapy invention using machine learning technology was shortlisted in the Information Technology category. Mirada Medical’s DLC ExpertTM is the first product of its kind to be powered by “deep learning”, a type of machine learning that can achieve human-like performances in the diagnosis and treatment of cancer.
Other winning and shortlisted entries across 15 categories include new ways of increasing online privacy, improving healthcare and patient welfare, cutting energy consumption and enhancing road safety.
IET President Nick Winser, said: “Our Innovation Awards put the achievements of the most outstanding engineering and technology inventors around the world into the spotlight and play a critical role in helping them advance their vital work.
“Innovation is an essential foundation for the growth of the global economy and for raising the standard of living in all communities. It is a key differentiator that makes companies and projects successful and, in keeping with the IET’s mission to inspire excellence in engineering and technology, we are immensely proud to recognise, celebrate and show our support for these exceptional achievements.”
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