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Financial Personnel should Cowork with AI and Robotics

With the rapid development of science and technology, four big accounting enterprises have introduced artificial intelligence and financial service robots, and the basic financial work will be replaced by these AI robots. In China, the Accounting Qualification Certificate which was effective has been abolished. The accounting work, which has been known as a stable accounting work, has now become a “high-risk” job.

With the introduction of AI technology into accounting, financial service robots can quickly read thousands of complex accounting documents, grab and construct text information to make better analysis. The advanced robots can replace manual operation in the financial process, manage and monitor the automated financial process, input information, consolidate data and summary statistics, and identify the optimization points in the financial process according to the established business logic. The repetitive work, with a programmable autonomous robot, can avoid and improve work efficiency. If financial personnel only have the ability of low-level financial accounts and some basic accounting work, he may be either unemployed or transform to learn to cooperate with AI.

Now a lot of financial people engaged in the basic financial work will face many problems: there are a lot of reports and data that need to be processed, and they have to stay up late to work overtime if they don’t finish it at daytime. They hope an intelligent service robot can help them with the problems, but they also fear the robots take away their jobs.

In fact, the financial service robot is a tool, which is made and used to make our work better; and of course, the robot will only take over the jobs of the low-end financial personnel. The financial people who are capable of more financial abilities, better financial management, excellent decision-making, and business understanding will be the comprehensive talents that the enterprises need. Faced with the challenge of AI and robotics going to the financial sectors, it is better to learn more accounting knowledge and skills and do more high-end management accounting work, and work together with the advanced humanoid robots to improve work efficiency and make the work better.

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Seven Development Trends for Robots in the Future (Part 2)

3: Looking more humanlike

As scientists develop more advanced intelligent humanoid robots, they will use the human body as a reference point. Japan has been leading the world in “realistic” robots, but China has some “realistic” robots as well.

The future of robots is to reach a point where robots will look just like a human. Even from a far distance, the robot will look like a human.

4: Durability Increases

Intelligent robots will have a tougher exterior and be able to go through more wear and tear. They will be able to be fixed easier and will last longer.

5: Extended battery life

These sophisticated robots need power to exhibit all of their incredible features. This requires a lot of power and the batteries of robots are getting bigger and storing more energy to keep up with the consumption levels. But, these batteries are hard to make. The robot’s body has a limit on how big the battery can be. This new robot battery will take a while to develop.

There will be multiple solutions to the energy storage availability problem in the future. On a larger scale, fusion power could be a solution. If fusion energy could be harnessed into a robot, then a robot would have a limitless power supply. But, this kind of power supply is still a far cry from reality, and achieving fusion is very difficult. Also, the future will have better energy reserves, and this will also include batteries. Temporary power storage will decline as permanent storage efficiency becomes more efficient. Intelligent service robots will also be able to charge faster and hold that charge longer in the future.

6: More Logical Analysis Ability

Humans have a large capacity for thinking and analysis. Reading, debating, writing an article, and more are all controlled by the brain. Even simple tasks such as walking, breathing, and balancing are actions we do not even “think” about. But, for advanced humanoid robots, this requires a lot of complex computations. In order for robots to be closer to humans, scientists and engineers will have to continue to improve the logical analysis program. This will increase a robot’s intelligent. Soon, robots will have the logical ability to have conversations, recognize when their battery is low without any prompting from a human user. Basically, logical analysis will help the robot accomplish many tasks automatically, which will help mankind become more efficient.

7: More and More Functions

Robots are here to help mankind. To do this, robots must be able to be able to accomplish a number of tasks. This can include a receptionist or home assistant. Will you use the intelligent service robot to clean your home, remind you of your daily tasks, or video chat with friends or help look after your children? When going outside, robots can help you carry heavy objects or even be your own personal bodyguard. In the further future, sci-fi may become a reality. Transformer robots may even become a reality. One robot could be a car, humanoid robot, speaker, and more.

At present, we do not know the future of artificial intelligence robotics for certain. There are so many possibilities and so many people working with robotics that a definitive future is out of the question. Some certainty in the future is the smart automatic GPS navigation and the automation of self-driving cars will be in robots, in fact, it is already becoming a function.

Of course, the questions today is, are people smarter than robots, or are robots smarter than people? People may have invented and built robots, but robots are constantly learning. Humans work 12 hours a day, sleep 8 hours a day, and have fun for 4 hours a day; however, robots work 24/7. As long as the robot has power, it will continue to learn and accumulate knowledge, some even faster than humans. This must be taken into account on the future development of robotics.

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China Merchants Bank to be a “light bank” with the help of Sanbot

The Shenzhen China Merchants Bank branch is taking off on its “light bank” track with a ceremony in Shenzhen Futian CBD (Central Business District). Many leading representatives of commercial financial institutions and Merchants Bank attended the ceremony.  Sanbot, one of the advanced humanoid robots in the world, was invited to be the greeter at the ceremony, adding new intelligent elements for the new direction of the Shenzhen CMB branch.

China Merchants Bank is the pride of Shenzhen. 30 years ago, China Merchants Bank started the trend of Chinese banks becoming joint-stock banks. The Shenzhen branch is very important and founded in 1944 and has grown at a very fast pace. Because of this, on June 20, the Shenzhen China Merchants Bank branch officially moved to the Shenzhen Futian CBD. The ceremony consisted of many leaders of major financial institutions, cooperative listed enterprises, and government departments, all of whom were celebrating.

Sanbot service robot was the MC, arriving early in the morning to greet over 300 guests as they arrived one by one, reminding them to sign the wall and to play videos about CMB. Sanbot played music to liven the atmosphere (The song of China Merchants Bank). Sanbot also helped people order coffee.

Now, Sanbot serves as a greeter in the Shenzhen China Merchants Bank. The financial industry will pay more and more attention to the values Sanbot brings to the table, which is not only saving the bank time but also improving customer experience. Sanbot commercial robot for sale energize “Robot plus Finance” to bring great potential commercial value to fiscal development.

First, robots can help improve the efficiency of banking operations and reducing customer waiting times. Despite the increase in the speed of banking network services in recent years, but people are still waiting for a long time before they can be helped. This leads to irritated clients.   In this scenario, the Sanbot intelligent robots can help alleviate the situation. This is done by Sanbot providing customers with guidance, helping them queue in line, help with basic banking services, which greatly reduces wait times.

Second, the robot assists the bank in marketing promotion. Sanbot has a quite few advantages over a human namely, no deviation, no emotional fluctuation, and can work 24/7. Sanbot can continue to provide face-to-face business, consulting, and guidance services to customers as well as proactively introducing the bank’s new services, great deals, credit card services and letting the customer use their phone to connect to the bank.

Finally, in addition to these advantages, Sanbot comes with security features. QIHAN has the world’s leading security technology. Sanbot advanced AI robot can be combined with the current security system of the bank in order to achieve independent patrols, avoiding obstacles, audio/visual surveillance, alarms, and a series of 3-D security functions.

The president of the Shenzhen China Merchants Bank branch, President Yeu, said in in his speech yesterday that the opening of the new office building in the Shenzhen branch of CMB is a new starting point, which will build towards the goal of the “light bank” that will provide quality financial services for nearly 9 million customers, over 150,000 local businesses, and the general public.

The Sanbot robot has been given the honor to be a part of China’s Shenzhen branch new journey. In the future, artificial intelligence and innovative technology will help the banks to upgrade to the next level.

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Oushinet: AI energizes strategic coordination between China and Germany

Under the background of “Made in China 2025” and German “Industry 4.0”, with the  deepening of China-Germany innovative cooperation, artificial intelligence becomes the integrating point of the strategic coordination between the two countries.

Practitioner in AI industry told Oushinet, AI industry has great cooperation space in China and Germany. Furthermore, the two countries can make the advantages complementary.

Introducing Chinese intelligent robots can relieve the shortage of labor in Europe.

China has become Germany’s largest trading partner in the whole world and Germany is also an indispensable trading partner to China in Europe. In addition to the realization of coordination of “Made in China 2025”, German “Industrial 4.0” and other development strategies, the cooperation in artificial intelligence promoted the two countries’ cooperation in manufacturing, technology and innovation, etc.

As one of Chinese high-tech enterprises, QIHAN Technology has three products and the total shipments reach 110,000 sets. Sanbot, Chinese “pioneer” brand of artificial intelligence, not only is capable of computer processing and self-learning ability, but also the combination of visual recognition, voice interaction and positioning movement ability. Ryan Wu, the Vice President of QIHAN Technology, told Oushinet, “QIHAN Technology has always been paying high attention to the cooperation in AI industry with German enterprises.”

“We have exhibited at the IFA Expo (The consumer electronics show in Berlin, Germany) for two years. We have met numerous potential business partners in German, as well as released our new intelligent humanoid robots.”

intelligent humanoid robots

For the cooperation in artificial intelligence between China and German, Ryan said the cooperation space was big and there was potential diggable and upgradable cooperation space between the two countries.

“For example, we are working with several European chain enterprises for business cooperation. They’d like to introduce Sanbot advanced humanoid robots to their chain stores to help them with promotion, shopping guidance and other basic replaceable work. This is the biggest integrating point in AI industry between China and German – relieving the labor shortage in numerous service industries in Europe. This is a small case.”

The cooperation in technology research and development and human resources is curial.

From enterprises, Ryan shared his view of point, “the cooperation in AI industry between China and Germany should begin in technology research and development and human resources.”

Germany is in the global top list in artificial intelligence and robot industry, and both technological level and hardware level reach leading standard in the whole world. In 2012, German government issued 10 strategic plans about future high technology and Industry 4.0, with core of “Intelligent Plant” is one of the important plans, including artificial intelligence, industrial robot, IoT, Could computing, big data, 3D printing and more, gaining energetic support by the enterprises and citizens. What’s more, German Financial Department and Teaching and Research Department expresses big support for AI research and they pay high attention to practical utility and technology research.

Ryan said Chinese enterprises should cooperate with German colleges and universities, research institute and competitors to learn more about original German technical innovation, which could improve Chinese enterprises technology ability and deliver Chinese marketing demand to German technology development.

Regarding human resources cooperation and interaction, Ryan said it is one key matter in the cooperation between the two countries. “On one side, Chinese enterprises like QIHAN Technology would like to introduce the think tank with professional knowledge, knowing of industry developing trend and forethoughtful to advance Chinese intelligent manufacturing ability. On the other side, we hope to dig up the applications of artificial intelligence together with German partners.”

Li Yani, the principal of D-zoom UAV School, also expressed, “If China and Germany can co-work together in talent cultivation, it will push forward the talent development of AI technology. There are much more we should learn from Germany, especially their leading talent cultivation. If we learn about their system in talent cultivation, we can train application technology talent in higher speed.

Enterprises in both countries create developer ecosystem together.

Dr. Zeisel, the key administrator of German Teaching and Research Department, talked to Oushinet that there were great potential in the cooperation in AI industry and also it was very necessary.

“We pay high attention to the building of developer ecosystem. The popularization of smart phone is due to the come-out of massive applications, so is intelligent robot. The intelligent robot also needs to be deeply developed with knowledge of various industries, thus it can promote artificial intelligence to produce more application scenarios.” Ryan said.

To offer better services to robotic developers, QIHAN Technology has opened the API and SDK of Sanbot service robots. They can develop the applications according the scenarios where the robot works and don’t need to build one new robot from zero. We have created one from zero, and developers or integrators can step into 100 from one based on Sanbot robot platform, pushing forwards AI Technology into various industries together.

The popularization of intelligent service robots depends on the application of various industries, which needs more developers to do the development. “We have begun the cooperation with many European developers including the German. In the near future, we plan to cooperate with them for developer ecosystem building. We are now recruiting and training more developers” Ryan said in the end.

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QIHAN Sanbot customized robotic solution for banking service

Specially designed for robotic services in Bank of China, Sanbot robot’s excellent performance not only receives acclaims from the bank’s leaders, but also attracts a large number of customer onlookers, taking the limelight. In the bank lobby, she is capable of customer voice interaction, identification, and product & business interpretation – a set of full business processes in bank.

The head of Bank of China in Guangdong province introduced first intelligent robot, which was proposed by Shenzhen Ezhome Cloud Computing Co. Ltd. Ezhome steamed up with Sanbot intelligent robot to help bank with intelligent transformation with customized banking solution.

Sanbot intelligent robot

Banking business is in the dominant position in finance industry and plays a great supporting and promoting role in the in economic and social development. With massive private capitals going into banking business and the rise of Internet finance such as Alipay and Yu’E Bao, the core businesses of traditional banks suffers huge hits; meanwhile, the problems of long-time queueing-up, complexed operation processes, probable bad attitudes and some other problems cannot be solved fundamentally. The transformation of traditional banks is imperative.

EZhome mainly offers intelligent, high-efficient, secure one-stop sales Cloud service to help small and medium enterprises with their management ability and gain more businesses, with its advantages of Cloud computing, mobile interconnection, big data, social network and other technologies, integrating advanced company applications. Besides, EZhome also provides intelligent robotic solutions for banks, state owned enterprises and governmental agencies.

Fused with superior technologies of EZhome into Sanbot’s ecosystem with Hardware-App-Cloud service, Sanbot Service Robots push forwards banks’ intelligent development. The intelligent AI robots take the heavy responsibility of customer reception, business shunting, business inquire and processing and business guidance, demonstrating the new orientation of banking business development with artificial intelligent services.

As financial agencies, it is crucial to offer financial services and help with consumers with their property management and artificial intelligence is the greatest engine for the development of financial agencies. Their bank transfers and property management allows them to get services from intelligent humanoid robots, and especially the intelligent data processing can help financial agencies to handle their general customer services and inquires.

Applied to banking system, Sanbot advanced humanoid robots are able to provide numerous innovative services for financial industry. Artificial intelligent robotics helps to improve business handling efficiency greatly in banks and the intelligent human-robot interaction can fulfill the innovative customer experience sufficiently; Sanbot can also record customers’ behaviors and realize the intelligence of multiple sources by analyzing big data intelligently.

Advanced AI robots that are applied in banking industry, through network and intelligent devices, help banks with the optimized innovation of business processes, enhance the communication and interaction with customers and improve banking efficiency. The intelligent service robots will be the sally port of banking industry’s upgrading and transformation, strengthening the core competitiveness of traditional banks.