Convergence of Augmented Reality and Big Data

March 7, 2019 | 161 views

We live in a new business era where we are overloaded with data. Data-driven decisions play a vital role in helping businesses to remain relevant, expand their business margins and gain some momentum for their long-term growth strategies. Big Data can play a major role in helping businesses make use of the data in the best possible way.

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8 Epic App Innovations that Help Your Business Stand Out

Article | August 8, 2022

Increased use of the internet and smartphones demands better mobile applications be developed. Innovation is the key driving force that can make or break the market regarding mobile app development. A fantastic team of mobile app developers and smart innovation employing the latest technology produce a huge hit app. Let us learn more about how the mobile app development market grows. The Market for Mobile Application Development The mobile application development market is projected to grow at a 13.4% CAGR from 2023 to 2030, with a value of $187.58 billion recorded in 2021. This is due to the increased use of the internet and smartphone platforms, as well as artificial intelligence and machine learning. The app's algorithms learn and understand user interests to deliver refined results that generate better user engagement. As Ericsson and the Radicati Group forecasted, 6.64 billion people own a smartphone today, which is around 83.32% of the world population, and by 2025, 7.33 billion people will own a smartphone. As a result, there is a substantial rise in demand for better smartphone apps, for which creative and innovative mobile application development is the need of the hour. Innovation will give your business a competitive edge it's never had before. It will also open up new ways to grow your business. Discover the top innovations in mobile app development. Innovations in Mobile Application Development Some of the technological breakthroughs in mobile app development will greatly improve the user experience in the future. These focus mainly on the implementation of the latest technological innovations to realize functionality that has never been seen or done before. Let us now delve into their specifics. In-App Paid Features: Android and iOS Development While Android has a market share of 70%, iOS has grabbed a market share of around 28% in the mobile operating systems market as of 2022. In-app advertising and in-app purchases generate the major ROI from mobile applications on both mobile operating platforms. A great UI and UX go a long way toward boosting your app and business, and they also help you rank highly in the respective app markets, i.e., the Google Play Store and the App Store. Rolling out constant updates and adhering to the security standards of the marketplace keeps your business app ranking at the top. Augmented and virtual reality With the AR kit, you can design and make 3D mobile apps for your customers that use virtual reality. AR and VR are constantly changing the business of making mobile apps. You can use these trends to give mobile users really great experiences. A few of the sectors making successful use of these technologies include gaming, e-commerce, retail, interior design, real estate, tourism and travel, education, training, healthcare, manufacturing and construction, advertising and marketing, and entertainment. Your AR and VR mobile apps are more valuable if you can meet your expectations for maximum ROI with a minimum budget. You can do this by making constant improvements to your minimum viable product. Beacon Technology The beacon technology uses a smartphone's Bluetooth to identify any store, museum, or other business in the vicinity. As mobile devices get more powerful, IoT and edge sensors will be used more and more. Because of that, beacon technology will change the way we interact with the world. This technology sends notifications to your customer’s phone about your product when the customer passes by, sends content and descriptions about an ongoing event at your location to your customers, and more. Proximity marketing and indoor navigation notifications are the few ways retail is using this technology. With the help of beacon technology, your business can track assets, keep track of contacts, offer access to loyalty programs, gather advanced data, and send mobile tickets. Al and ML The versatility and power of innovations in Al and ML keep them relevant. For example, they let you turn pictures into animations that look real. These animations provide real-time analytics and other valuable insights. As an AI learns from its own experience, providing a better customer experience based on the data you feed it helps create intelligent chatbots. Personalized shopping assistance, fraud prevention, task automation, smart content, voice assistants, and autonomous vehicles are a few of the examples where you will see AI implemented. An AI trains itself through machine learning, or ML. ML forecasts future data trends using available historical data. This invaluable addition to your existing apps transforms the way they interact with customers. We are one step closer to a super-personalized experience. Wearables Wearables let you make calls, find your way to your destination, measure and analyze your vital signs in real time, and look at your own personal insights. So, app developers and businesspeople should focus on making apps that give people who use wearables a great digital experience. Getting better apps for wearable devices can greatly enhance their functionality and the user experience. From listening to your favorite music to tracking your fitness goals, taking notes, finding a parking spot, and adhering to your health and fitness regimen, a wearable device does it all. If developing your company’s wearable app delivers more value, this technology is not just a game changer but a lifesaver for many. Predictive analytics Predictive analytics is essential to e-commerce. When it comes to making mobile apps, predictive analysis can help improve both the process and the user experience. By putting together information from many developers, it can help predict problems and suggest solutions. Your predictive analytics will be better if you use artificial intelligence (AI), data mining, machine learning, modeling, and statistics. The data that your small and medium-scale businesses have gathered over a period of time becomes one of the most valuable sources of information that helps predict and forecast future market trends. Unexplained market rises and falls will now have an explanation, as will mobile apps that can precisely tell what, when, and where needs to be changed, replaced, or repaired. Using constants and variables that are already known, predictive analytics and data modeling can help make accurate predictions about the future. Blockchain Technology The world of blockchain has innumerable possibilities. Applications backed by blockchain technology benefit from end-to-end encryption. This means no one but you can retain data ownership rights. Blockchain technology is used for a lot of important communication and financial transactions because it is safe and private. Blockchain holds promise for better efficiency, productivity, and performance, as well as for elevating the user experience. Blockchain is more secure and reliable, offers better transparency in financial transactions, makes you go password-free using an SSL certificate (Secure Sockets Layer), promotes simplicity, protects your identity, safeguards access to your digital data and information, and helps transmit and receive accurate data with the help of balanced data transfer using several nodes at once. On-Demand Applications As lockdowns and quarantines went on for a long time, many delivery apps started to appear. There were apps for taxis, grocery stores, and even medicine delivery. The on-demand model is likely to grow as more service-based companies shift their focus towards on-demand apps. Technology is always changing, and every year, new versions of technology hit the market. That's why we need to keep up with the latest updates and use them to make applications that are both new and full of features. That's a must for a successful launch of a mobile app. Making the development process easy for the developers reduces the time it takes to develop applications using the software. There are options like rapid application development software, no code, and low-code application development software. These can include mobile app development, SaaS (software as a service), cloud apps, on-premise standalone apps, desktop apps, and web-based apps for many devices, including IoT devices. Using AI to power the application development process speeds up development, testing, and deployment, which helps a lot with scaling from small to medium to large and beyond. Some quick and effective mobile app development platforms include Quixey, Zoho Creator, AppyPie, AppSheet, Bizness Apps, Appery.io, iBuldApp, Shoutem, Rollbar, JIRA, AppInstitute, GoodBarber, Caspio, and more. Long-Term Benefits of Mobile App Development Innovations for Your Small Business: Creating a winning product doesn’t have to be a long process. Improvements on the product offered by competitors and finding competitor product shortcomings, along with using innovative technologies, help add value to your mobile app as a product. Mobile app development innovations help in many ways, such as: Improve your brand's relationship with your customers. Offer 24/7 access to your business, Get excellent customer insights, Efficiently market your product online, Save on additional marketing costs, Boost employee efficiency by increasing engagement. Improve communication, shreds down the busy work and Streamline the data. Generate a new revenue stream from ads targeted at in-app purchases. As a result, you meet customer expectations efficiently, allowing you to expand your business and attract potential customers. Your customers and potential customers are always looking for something new and exciting to experience and adopt. Sooner or later, they make habits of seeing something, and then they start thinking of that mobile app as a standard benchmark to look up to. Talking about the scalability of a mobile application, there is a lot of scope to improve using innovative technologies, and all minor to major updates take you from where you are to where you want to be. Finding the right mix of technologies will help your business grow and expand. Tying everything together Business growth for small-scale businesses starts with new inputs and strategic technological investments in mobile app development. Although they sound promising, striking the right balance to implement innovative technologies relies heavily on rigorous predictive analysis. Tools and technologies help meet customer expectations at scale and grow the business beyond imagination with the power of innovation.

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SOFTWARE

Empowering Industry 4.0 with Artificial Intelligence

Article | July 14, 2022

The next step in industrial technology is about robotics, computers and equipment becoming connected to the Internet of Things (IoT) and enhanced by machine learning algorithms. Industry 4.0 has the potential to be a powerful driver of economic growth, predicted to add between $500 billion- $1.5 trillion in value to the global economy between 2018 and 2022, according to a report by Capgemini.

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FUTURE TECH

How Artificial Intelligence Is Transforming Businesses

Article | July 14, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives. AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity

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The advances of AI in healthcare

Article | February 11, 2020

With the Government investing £250 million into the project, the Lab will consider how to use AI for the benefit of patients – whether this be the deployment of existing AI methods, the development of new technologies or the testing of their safety. Amongst other things, the initiative will aim to deliver earlier diagnoses of cancer. It is estimated that in excess of 50,000 extra patients could see their cancer being detected at an early stage, thus boosting survival rates. More specifically, a study has shown that AI is quicker in identifying brain tumour tissue than a pathologist.This would have a positive knock-on effect in other areas, such as enabling money to be saved (that otherwise would have been spent on further treatment) and reducing the workload of staff (at a time when there is a crisis in NHS workforce numbers).

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Spotlight

Tempered Networks

Secure networking is hard. Most networks are really good at making you feel overwhelmed and exposed—not secure and connected. Tempered Networks believes you shouldn’t have to compromise security for simplicity. We strive to help you eliminate complexity, connect anything without worry, and take control back from your network.

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Nextech AR Launches Groundbreaking AI Powered SaaS Software Platform “Toggle3D” For Rapidly Growing CAD-3D Model Market

Nextech AR | September 23, 2022

Nextech AR Solutions Corp. , a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched its groundbreaking Toggle3D, a new AI powered SaaS platform that enables the creation, design, configuration and deployment of 3D models at scale. The Company sees this launch as a major milestone on its way to becoming the dominant 3D model platform and looks forward to Toggle3D becoming a new high margin engine of growth. Toggle3D is a standalone web application which enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this break-through SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. The Toggle3D platform leveraged AI so those raw CAD files can be converted to photo realistic, fully textured 3D models at scale. Toggle3D technology creates optimized 3D meshes that are suitable for 3D and AR applications. The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.1...the Company sees substantial use cases. Toggle3D uses Nextech AR’s patent pending technology AI (enabling the conversion of CAD files into 3D models at scale) as well as the Company’s ARitize Configurator product. Creators can easily transform their CAD files into 3D models, or bring their existing 3D models into the platform. Within the platform, creators will be able to conduct 3 types of projects which are all templatized for a fantastic user experience: 3D Product Configurators, Virtual Photography, and Product Demos being rolled out over the next few weeks. To rapidly gain early adopters, Toggle3D will be available both through a free trial and pro SaaS license. A free license will give users just enough functionality to try out the platform and experiment with the technology. By upgrading to a pro plan, users will be granted full access to the entire platform. This includes unlimited projects, more materials, larger file uploads, more storage, and other advanced editing tools. It is a completely self-serve platform, that contains an extensive pre-built library of high-quality over 1000 PBR materials. Toggle3D makes things easy, with a friendly user interface that works for the user and makes the entire 3D journey seamless and predictable. The user is fully in control of their design output. Yesterday, CEO Evan Gappelberg joined the Wall Street Reporter’s NEXT SUPER STOCK for a livestream event, where he discussed the new Toggle3D product and provided a live demo of the platform. About ARitize Configurator ARitize Configurator was previously only available as a managed service but now is also available as a self-serve product through the Toggle3D platform. To use the product configurator within Toggle3D, a user is required to bring a CAD file or an existing 3D model. Once the 3D model is created or uploaded, the configurator tool makes it easy and seamless to change the colors, materials, and individual parts all in engaging real-time 3D. About Nextech AR Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors.

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SOFTWARE

FPT Software Partners with Squirro, Offering End-to-End Augmented Intelligence Solutions

FPT Software | April 29, 2022

Vietnam’s leading IT firm FPT Software has partnered with Squirro – a Switzerland-based Augmented Intelligence solutions provider. Through this partnership, the two companies will offer their customers comprehensive enterprise solutions backed by Artificial Intelligence (AI) to leverage data to its full potential, make better-informed decisions and drive business growth. The partnership between FPT Software and Squirro will bring value to companies from various industries such as banking and finance, healthcare, manufacturing, among others. FPT Software will promote the application of Squirro’s solutions together with its own diverse product and service portfolio, targeting businesses that are looking to transform into data-driven organizations. With digital consulting experience, fast delivery capability and a presence in 26 countries, FPT Software can help Squirro strengthen its positioning and expand its go-to-market capabilities globally. "FPT Software is delighted to sign this agreement and partner with Squirro. Squirro's visionary Insight Engine and the Augmented Intelligence solutions allow our end-customers to quickly valorize their information and find relevant insights from all the data sources available.” Frank Bignone - Global Digital Transformation Director, FPT Software “Today's competitive advantages rely on turning data into insights. Joining hands with FPT Software, we look forward to combining our visionary Insight Engine and the ability to implement projects in a very short timeframe to provide businesses with value-added Insight Solutions. Relying on a best-in-class project methodology and dedicated experts working with your teams, Squirro, together with FPT Software can unlock hidden insights and leverage the power of your data and help you building a solid competitive advantage,” said Bernd Schopp, Squirro’s Chief Commercial Officer. More enterprises are turning to cognitive search solutions to extract meaningful and actionable insights from the data they hold, driving the market’s explosive growth. The global cognitive services market is projected to be worth US$15.28 billion by 2023, a jump from US$2.59 billion in 2018, according to global research firm MarketsandMarkets. By region, Asia-Pacific is expected to grow at the highest rate during the forecast period. Squirro, with its core platform Insight Engine and Cognitive Search solution, has enabled world-leading financial companies including Standard Chartered Bank, Bank of England, Candriam, or ING to make the most of their data sources. In 2021, the company was positioned as a Visionary in the Gartner Magic Quadrant for Insight Engines, and as a Strong Performer in The Forrester Wave™: Cognitive Search, Q3 2021. Leveraging Squirro's capability and its own extensive domain knowledge, FPT Software will be able to provide clients full support for their data-driven transformation needs. About FPT Software FPT Software is a global technology and IT services provider headquartered in Vietnam, with USD 632.5 million in revenue and 22,500 employees in 26 countries. As a pioneer in digital transformation, the company delivers world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and more. It has served 700+ customers worldwide, a hundred of which are Fortune Global 500 companies in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more About Squirro Squirro marries data from any source with your intent, and your context to intelligently augment decision-making - right when you need it! An Insight Engine at its core, Squirro works with global organizations, primarily in the Financial Services, Insurance, Telecommunications, and Manufacturing industries. Customers include Henkel, Armacell, Ansys, Bank of England, Standard Chartered, ING, and Candriam.

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AI TECH, GENERAL AI, AI APPLICATIONS

Nextech AR Launches Groundbreaking AI Powered SaaS Software Platform “Toggle3D” For Rapidly Growing CAD-3D Model Market

Nextech AR | September 23, 2022

Nextech AR Solutions Corp. , a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched its groundbreaking Toggle3D, a new AI powered SaaS platform that enables the creation, design, configuration and deployment of 3D models at scale. The Company sees this launch as a major milestone on its way to becoming the dominant 3D model platform and looks forward to Toggle3D becoming a new high margin engine of growth. Toggle3D is a standalone web application which enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this break-through SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. The Toggle3D platform leveraged AI so those raw CAD files can be converted to photo realistic, fully textured 3D models at scale. Toggle3D technology creates optimized 3D meshes that are suitable for 3D and AR applications. The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.1...the Company sees substantial use cases. Toggle3D uses Nextech AR’s patent pending technology AI (enabling the conversion of CAD files into 3D models at scale) as well as the Company’s ARitize Configurator product. Creators can easily transform their CAD files into 3D models, or bring their existing 3D models into the platform. Within the platform, creators will be able to conduct 3 types of projects which are all templatized for a fantastic user experience: 3D Product Configurators, Virtual Photography, and Product Demos being rolled out over the next few weeks. To rapidly gain early adopters, Toggle3D will be available both through a free trial and pro SaaS license. A free license will give users just enough functionality to try out the platform and experiment with the technology. By upgrading to a pro plan, users will be granted full access to the entire platform. This includes unlimited projects, more materials, larger file uploads, more storage, and other advanced editing tools. It is a completely self-serve platform, that contains an extensive pre-built library of high-quality over 1000 PBR materials. Toggle3D makes things easy, with a friendly user interface that works for the user and makes the entire 3D journey seamless and predictable. The user is fully in control of their design output. Yesterday, CEO Evan Gappelberg joined the Wall Street Reporter’s NEXT SUPER STOCK for a livestream event, where he discussed the new Toggle3D product and provided a live demo of the platform. About ARitize Configurator ARitize Configurator was previously only available as a managed service but now is also available as a self-serve product through the Toggle3D platform. To use the product configurator within Toggle3D, a user is required to bring a CAD file or an existing 3D model. Once the 3D model is created or uploaded, the configurator tool makes it easy and seamless to change the colors, materials, and individual parts all in engaging real-time 3D. About Nextech AR Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors.

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SOFTWARE

FPT Software Partners with Squirro, Offering End-to-End Augmented Intelligence Solutions

FPT Software | April 29, 2022

Vietnam’s leading IT firm FPT Software has partnered with Squirro – a Switzerland-based Augmented Intelligence solutions provider. Through this partnership, the two companies will offer their customers comprehensive enterprise solutions backed by Artificial Intelligence (AI) to leverage data to its full potential, make better-informed decisions and drive business growth. The partnership between FPT Software and Squirro will bring value to companies from various industries such as banking and finance, healthcare, manufacturing, among others. FPT Software will promote the application of Squirro’s solutions together with its own diverse product and service portfolio, targeting businesses that are looking to transform into data-driven organizations. With digital consulting experience, fast delivery capability and a presence in 26 countries, FPT Software can help Squirro strengthen its positioning and expand its go-to-market capabilities globally. "FPT Software is delighted to sign this agreement and partner with Squirro. Squirro's visionary Insight Engine and the Augmented Intelligence solutions allow our end-customers to quickly valorize their information and find relevant insights from all the data sources available.” Frank Bignone - Global Digital Transformation Director, FPT Software “Today's competitive advantages rely on turning data into insights. Joining hands with FPT Software, we look forward to combining our visionary Insight Engine and the ability to implement projects in a very short timeframe to provide businesses with value-added Insight Solutions. Relying on a best-in-class project methodology and dedicated experts working with your teams, Squirro, together with FPT Software can unlock hidden insights and leverage the power of your data and help you building a solid competitive advantage,” said Bernd Schopp, Squirro’s Chief Commercial Officer. More enterprises are turning to cognitive search solutions to extract meaningful and actionable insights from the data they hold, driving the market’s explosive growth. The global cognitive services market is projected to be worth US$15.28 billion by 2023, a jump from US$2.59 billion in 2018, according to global research firm MarketsandMarkets. By region, Asia-Pacific is expected to grow at the highest rate during the forecast period. Squirro, with its core platform Insight Engine and Cognitive Search solution, has enabled world-leading financial companies including Standard Chartered Bank, Bank of England, Candriam, or ING to make the most of their data sources. In 2021, the company was positioned as a Visionary in the Gartner Magic Quadrant for Insight Engines, and as a Strong Performer in The Forrester Wave™: Cognitive Search, Q3 2021. Leveraging Squirro's capability and its own extensive domain knowledge, FPT Software will be able to provide clients full support for their data-driven transformation needs. About FPT Software FPT Software is a global technology and IT services provider headquartered in Vietnam, with USD 632.5 million in revenue and 22,500 employees in 26 countries. As a pioneer in digital transformation, the company delivers world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and more. It has served 700+ customers worldwide, a hundred of which are Fortune Global 500 companies in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more About Squirro Squirro marries data from any source with your intent, and your context to intelligently augment decision-making - right when you need it! An Insight Engine at its core, Squirro works with global organizations, primarily in the Financial Services, Insurance, Telecommunications, and Manufacturing industries. Customers include Henkel, Armacell, Ansys, Bank of England, Standard Chartered, ING, and Candriam.

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