IoT Sensors, Nerves for Robots and the Industrial Internet | Kevin Benedict: "Yesterday I interviewed two robotics experts on the growing demand for IPAs (intelligent process automation) robots. These robots are made of software code. They are assigned pre-defined actions based on steps in a process, the analysis of data, and the decision trees they are provided. For example, an IPA can review a car loan application and approve or disprove it instantly – based on the data. In fact, they can analyze the data from tens of thousands of car loans in seconds based on the parameters and decision trees they have been given. "
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