davidollech
davidollech
David Ollech
2 posts
Business developer, ground-up venture builder and dealmaker with a passion for agri-nutrition and forestry ventures
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davidollech · 3 months ago
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The Amazing World of Brain-Computer Interfaces
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Brain-computer interfaces (BCIs) are innovative devices designed to create a communication pathway between an external output and a brain’s electrical activity. Sensors relay the electrophysiological signals transmitted between the neurons in grey matter to an external source, such as a computer or robotic limb, effectively turning an individual’s thoughts into physical actions. The brain chips that BCIs rely on may be surgically placed beneath the scalp, incorporated into a device that is worn or even implanted directly into brain tissue.
How Does This Technology Work?
Brain-computer interfaces work by capturing activity in the brain, which is done by placing electrodes close to where the ‘neural’ communication is occurring. The sensors measure the intensity and frequency of each spike of voltage, operating like a microphone.
The information gathered is fed through computer software and translated via a process called neural decoding. Machine learning algorithms (and other AI tools) convert the complex data sets gleaned from the brain’s activity into a programmable understanding of intention.
How Can BCIs Be Used?
Patient restoration issues caused by neurological problems or amputation may be alleviated with the use of BCI innovation; indeed, these devices are already being used as part of recovery techniques across a range of patient populations. In the future, as the technology continues to develop, these devices could help those with serious motor incapacities, both enhancing general quality of life and bringing down the cost of intensive care.
Those with a keen interest in this field, such as David Ollech, understand that the applications of BCIs include wireless headsets, robotic limbs and wheelchairs, smartphone and smart home device interfaces, and spellers. The latter could be helpful for those who are non-verbal following a severe injury or stroke, allowing users to access computer-augmented communication through eye movements.
Benefits of BCIs
As well as helping to restore motor and mobility functions for individuals who have suffered a serious injury or health condition, BCIs can also be used to treat neurological conditions and monitor mental health. Through neurofeedback techniques, BCIs may be able to help prevent conditions like fatigue and burnout, delivering electrical stimulation to specific areas of the brain. Looking ahead, these devices could alleviate a wide range of anxiety issues and even promote better sleep health.
Today, BCI systems are moving out of laboratory demonstrations and into an increasing number of exciting real-world applications.
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davidollech · 3 months ago
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Easy Ways to Boost Supply Chain Efficiency
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Supply chain efficiency is how well a business uses its technology, expertise and resources to maximise profits and keep logistics costs as low as possible. In efficient supply chain management, all stages and processes are optimised to these ends.
Increase Visibility
One of the first steps in improving supply chain efficiency is to increase visibility so that supply chain managers can better oversee all elements of the supply chain. Inventory management software may be helpful in this regard, allowing managers to access real-time data on the items moving into and out of logistics centres and warehouses.
Holistic warehouse management systems offer the facility for inventory management, including tracking inventory in real time and tools to increase productivity so that orders are more efficiently fulfilled.
Leverage Data Analytics
Making the most of data analytics tools and platforms can result in better decision making and offer a clear view of the process and ways to make improvements, ultimately resulting in efficiencies. For example, predicative demand forecasting can be used to understand and anticipate customer behaviour and trends, while incorporating data analytics into a business’s daily operations can help with both risk mitigation and opportunity discovery.
Make the Most of AI and Automation Tools
Supply chain efficiency can be significantly boosted by deploying the AI and automation tools now widely available. Capable of transforming traditional processes into slick, high-performance systems, such tools can take care of repetitive warehouse tasks like storing, packing and sorting and respond to changing market conditions by deploying dynamic pricing models. As well as minimising incidences of human error, AI and automation platforms can expedite operations, ensure timely order processing and generally uplevel efficiency across the entire supply chain.
Nurturing Great Supplier Relations
Successful entrepreneurs like David Ollech know that it’s not just about using technology to make supply chains more efficient; building and nurturing great relationships with suppliers is essential, too. A good rapport with suppliers means arising problems and issues are likely to be resolved more quickly, with a steady stream of raw materials ensured.
Supply Chain Optimisation Is an Ongoing Process
Finally, it’s important to regard boosting supply chain efficiency as an ongoing, rather than one-off, process. There will always be opportunities to optimise systems and opportunities to work smarter. Businesses should keep in mind that great supply chain management can mean the difference between breaking even and achieving profitability.
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