23 अप्रैल 2021
The arrival of modern technologies such as artificial intelligence, machine learning, augmented reality, and more in the health and fitness world has brought a remarkable change in this industry. It has changed the way people used to exercise and keep themselves fit and healthy. Now, a visit to gym or health club is no longer needed to stay fit; these technologies have made it pretty easier to do all those exercises from the comfort of your home.
Zenia is a popular fitness startup that uses computer vision to develop and deploy an AI-driven fitness trainer. Users can choose from thousands of yoga asanas and do it from the comfort of their home. The AI-based trainer in the app helps them to correct their posture. The company has received huge funding during 2020 that has added to its valuation.
Aaptiv, the popular fitness startup connects people to a wide range of fitness trainers for home and outdoor workouts. Users can do the wellness sessions provided by trainers on their own without the need for equipment. In short, the app offers a no-equipment workout. Each one of Aaptiv's thousands of workouts, which span every type of exercise and a wide variety of activities, combine the guiding voice of an expert Aaptiv trainer with motivating music. This audio-based format eliminates distractions and provides the flexibility many people require - allowing them to focus on their fitness goals, as it suits them.
Tonal, the home fitness startup raised a huge sum of $110 million in its latest round of funding. The startup received this funding from the existing investor L Catterton and the new investors Mousse Partners, Delta-v Capital and Amazon’s Alexa Fund along with renowned athletes Michelle Wie, Paul George, Bobby Wagner, and Stephen Curry. With this funding, Tonal’s total funding has reached up to $200 million.Tonal is a home fitness application that focuses on training users smartly. Users can choose a coach-led workout, make their own workout, track their progress and achieve fitness goals. Digital weights, 170 moves with one equipment and adjustable arms are some of the key features of this app.
Freeletics, the digital fitness firm provides tools to promote and offer mindset coaching, mental strength, confidence, and physical fitness among people. The fitness app uses artificial intelligence to offer its services. This AI-powered fitness app has secured $25M Series B funding led by U.S.-based JAZZ Venture Partners and Causeway Media Partners, with support from KKCG. Freeletics has more than 48 million users in more than 160 countries.
The modern fitness apps are facilitating all types of fitness, including yoga, meditation, aerobics and other exercises. This growing popularity and use of fitness applications are one of the biggest reasons that investors worldwide consider them profitable and investing huge money in them.
AI-based Retail Traffic Counters (ARTCs)
The process of counting store traffic has rapidly evolved over the past few years. ARTCs are AI-integrated cameras that accurately count the store traffic. Usually installed at the store entrance, ARTCs map the headcount of people walking in a store and automatically calculate the exact footfall count.
Thinkpoint a Mumbai based fast growing Retail Analytics organization redefines retail insights by leveraging next-gen technologies like Artificial Intelligence (AI), RFID, Near Field Communication (NFC) and CMS-based dynamic Digital Signage. Advanced ARTC cameras like the ones offered by Thinkpoint integrate an Artificial Intelligence (AI) Engine at the backend and go one step further – they not only provide the accurate count of people visiting a store at any given point of time but also provide the visitors’ demographic details like their gender and age group.
Norway based RetailFlux, is the revolutionary retail analytic platform for brick-and-mortar retailers. RetailFlux provides complete set of retail analytic products with superior accuracy in the form of innovative visualizations. Their product includes People Counting, Heat Map, Shopper Flow, Route Map, Zone Analysis, Queue Monitoring that unlocks the power of in-store video. The solution is engineered using video processing, cloud and big data technologies. More than just documenting what happens inside the store area, RetailFlux uses videos to boost marketing efforts, improve revenues and turn any retail business into a success story. With RetailFlux, retail store owners and managers are able to see the clear picture of their in-store operations, including shopper flow, dwell times, store traffic and category penetration rates. The software’s unique analytics approach enables retail store owners and managers to monitor and assess the effectiveness of their marketing strategies. RetailFlux also helps users identify flaws and glitches in their in-store design and arrangement, devise and execute better product placement strategies and arrange resources to influence and empower in-store shopper actions.
Brazilian startup Decision 6 is a retail analytics platform developer focused on brick and mortar stores. Their analytics solution uses artificial intelligence (AI) and deep learning to track the flow of customers in and out of a store. This information is then used to optimize single store operation and also compare the footfall data among different stores to measure their performance.
With the advent of AI-based Retail Traffic Counters, retailers no longer have to solely depend on their store staff for actionable intelligence. Technologies such as these have time and again proved to be far more reliable when it comes to providing accurate information on customer behaviour that in turn helps retailers take proactive action to improve their stores’ performance.
Credits : Akhil Handa
AI for the less-abled
Artificial Intelligence (AI) is increasingly being used in processes that directly impacts people’s lives. Technology has been opening doors for individuals with disabilities, from motorized scooters to hearing aids. Disabilities, whether related to vision, hearing, mental health, learning, cognition, or mobility, can be permanent, temporary, or even situational. Designing new products with different levels of abilities in mind has gone a long way in ensuring that technology works for everyone.
Voiceitt is an app for people with speech impediments, including both those who need it temporarily after strokes and brain injuries, and those with more long-term conditions like cerebral palsy, Parkinson’s and Down’s syndrome. Using machine learning, Voiceitt picks up speakers’ unique speech patterns, recognizes any mispronunciations and normalizes their speech before creating an output of audio or text.
Products that were designed for a general audience are also being used to increase accessibility. Smart assistants like Amazon’s Alexa and Apple’s Siri have become some of the biggest helpers for blind users, allowing them to get online more easily. Users are discovering new ways to open up voice-based assistants to the deaf, too.
Paulo Pinheiro, a 34-year-old robotics PhD. from Brazil launched a startup Hoobox Robotics. Its first product, called the Wheelie 7, lets wheelchair users initiate moves like going forward, turning and stopping by using nine distinct facial expressions. It deploys cutting edge computer vision technology.
Over 100,000 deaf and hard of hearing individuals have used Ava, an app that allows them to take part in group conversations in either English or French (with more limited use for Spanish, Italian, German, and Russian). Everyone engaged in a conversation opens Ava on their phones, then speaks normally as the app listens in. Ava converts spoken words into text in nearly real time, rendering each speaker’s words into a different color for those needing to read along to follow the chat.
For the hearing-disabled, technology can help make things better. For example, sign language chatbots can be used to give people with hearing disabilities access to key services.This is the approach Egypt’s Ministry of Communications and Information Technology(MCIT) took recently to deliver emergency services and COVID-19-related information to people who are hearing-impaired. MCIT partnered with the United Nations Development Programme and communications services provider Avaya to create a virtual chatbot accessible via website or a mobile app. The chatbot is powered by AI that interprets sign-language and interacts with users.
In the coming years, AI will begin to supercharge efforts for increased accessibility for the less abled with new abilities and expanded access. With one billion-plus people with disabilities around the world, there is plenty of work to be done—and a large market to tap into.
Credits : Akhil Handa