Market Watch

[Latest] Embedded Ai Market: The Future of Digital New Jersey, United States,- Embedded Ai Market The growth is attributed to the increasing adoption of artificial intelligence technologies in various industries such as automotive, healthcare, and consumer electronics. The integration of AI into embedded systems allows for smarter and more efficient operations, enhancing device functionalities. As of 2022, the North American region held the largest share of the market, with a significant rise in investments for AI development in the embedded system sector. Embedded AI is expected to see its applications expand, particularly in real-time data processing, autonomous systems, and edge computing solutions. By 2030, the global market is projected to reach approximately USD 42.5 billion. The future scope of the Embedded AI Market shows immense potential, with a focus on the development of edge AI solutions, low-power AI chips, and machine learning-based devices. These technological advancements are expected to drive demand for more compact, cost-effective, and energy-efficient solutions. Additionally, as industries continue to implement AI for optimizing production processes, the Embedded AI Market is anticipated to evolve with new applications in robotics, IoT devices, and smart sensors. Key trends to watch in the market include the convergence of AI […]

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RBI Wins Global Digital Transformation Award 2025 1 Mumbai: The Reserve Bank of India (RBI) has won the prestigious Digital Transformation Award 2025 , instituted by Central Banking, London . The recognition highlights RBI’s efforts in implementing digital initiatives that have transformed internal and external processes by reducing paper-based submissions. Table of Contents Key Digital Initiatives: Pravaah and Sarthi Sarthi: Streamlining Internal Workflows Pravaah: Enabling External Digital Submissions Successful Adoption and Implementation RBI’s Reaction to the Award Key Digital Initiatives: Pravaah and Sarthi According to a press statement by Central Banking , two major initiatives— Pravaah and Sarthi —played a pivotal role in RBI’s digital transformation journey . Also Read: Holi Hooliganism: Over 1,200 Motorists Fined for Drunken Driving in Delhi Sarthi: Streamlining Internal Workflows Launched in January 2023 , Sarthi (which means ‘charioteer’ in Hindi) has digitized all of RBI’s internal workflows . The system allows employees to securely store and share documents , improving record management and data analysis through advanced reports and dashboards. Pravaah: Enabling External Digital Submissions Introduced in May 2024 , Pravaah (which means ‘smooth flow’ in Hindi) has created a digital platform for external users to submit regulatory applications to RBI. The submitted […]

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Application Deadline: April 6, 2025 Applications are now open for the ITU160 Gender Champions initiative. Through the ITU160 Gender Champions initiative, on the occasion ITU’s 160th Anniversary , the Government of Canada is partnering with ITU to bring to Geneva nine young women (ages 18–25) working in digital development and digital transformation worldwide. This initiative will cover their travel and accommodations in Geneva, where they will participate in the WSIS+20 High-Level Event , the AI for Good Global Summit , and ITU’s 160th Anniversary commemorations from 7–11 July 2025. As an ITU160 Gender Champion you will: Engage with key stakeholders in the digital and tech sectors; Amplify your work in digital development and digital transformation, by actively participating in a variety of sessions and activities; Co-design and facilitate with your unique perspective, a workshop on promoting gender equality in digital transformation. Requirements Young women (ages 18 – 25) are invited to apply to be ITU160 Gender Champions. R ecognizing the intersectionality and the need for diverse voices in shaping our digital future, young women from developing countries, least developed countries, landlocked developing countries and small island development states, as well as young indigenous women, and young women with disabilities, […]

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Digital Transformation in the Artificial Intelligence (Ai) Supercomputer Market: What’s Driving Change? New Jersey, United States,- Artificial Intelligence (Ai) Supercomputer Market Technological advancements such as the development of quantum computing and the increased implementation of cloud-based AI supercomputing services are expected to further accelerate growth. Additionally, the rise of AI-driven automation in industries and government sectors is expected to contribute to this robust demand for AI supercomputing infrastructure. With increasing investments from both public and private sectors, the future of the Artificial Intelligence (AI) Supercomputer Market is highly promising, offering substantial opportunities for market players. Get | Download Sample Copy with TOC, Graphs & List of Figures @ https://www.verifiedmarketresearch.com/download-sample/?rid=479783 The competitive landscape of a market explains strategies incorporated by key players of the Artificial Intelligence (Ai) Supercomputer Market. Key developments and shifts in management in recent years by players have been explained through company profiling. This helps readers to understand the trends that will accelerate the growth of the Artificial Intelligence (Ai) Supercomputer Market. It also includes investment strategies, marketing strategies, and product development plans adopted by major players of the Artificial Intelligence (Ai) Supercomputer Market. The market forecast will help readers make better investments. The report covers extensive […]

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China has been at the forefront of digital transformation in manufacturing, a trend reflected in the rapid growth of its "lighthouse factories"—the world’s most advanced production facilities. As of this year, the World Economic Forum has recognized 189 such factories globally, with an impressive 80 located in China. Our reporter, Gong Ming, recently visited one of the latest additions to this prestigious list to see firsthand how AI-driven innovations are revolutionizing production. GONG MING, Chongqing Municipality "I’m here at one of the most advanced factories in the world, Midea’s Chongqing Chiller Factory, which has been reportedly recognized as the world’s first AI-powered lighthouse factory in the central air conditioning chiller industry. Today, we’ll take a look at how this cutting-edge facility has responded to growing demand by leveraging AI technologies to streamline complex processes, as well as enhance design and planning efficiencies." The factory specializes in large central air conditioning systems, widely used in airports and industrial plants, with 80% of its products customized. To meet rising demand and the shift toward tailored orders, it integrates AI algorithms with its self-developed chiller selector data platform and smart management system, optimizing selection and design from the initial order stage. SAM […]

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Press release from: Verified Market Research Digital Transformation in the Germany Life & Non-Life Insurance Market: What’s Driving Change? New Jersey, United States,- Germany Life & Non-Life Insurance Market The life insurance segment accounted for a significant share of this market, with premiums reaching over USD 130 billion in 2022. Non-life insurance, covering a variety of sectors such as health, property, and casualty insurance, contributed around USD 110 billion to the market in the same year. This steady growth is fueled by the increasing demand for personalized insurance solutions, digitalization in the insurance sector, and the rising awareness about financial protection among consumers. The market size is expected to continue expanding as technological advancements like AI and data analytics transform the underwriting and claims processes, improving efficiency and customer satisfaction. The future scope of the Germany Life & Non-life Insurance Market is promising, with a significant focus on digitalization and sustainability initiatives driving market dynamics. The adoption of InsurTech is expected to enhance operational efficiency and the customer experience, while sustainability trends, including green insurance products, are likely to attract eco-conscious customers. The life insurance sector is predicted to grow due to the aging population in Germany, which demands […]

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China’s AI-powered factories are driving the digital transformation of the manufacturing industry, marked by the rapid rise of "lighthouse factories," the world’s most advanced production facilities. This year, the World Economic Forum recognized 189 lighthouse factories worldwide, with an impressive 80 based in China. One of them is a chiller factory operated by Chinese home appliances maker Midea Group in southwest China’s Chongqing Municipality, which has leveraged AI technologies to streamline complex processes, and enhance design and planning efficiencies. The factory specializes in large central air conditioning systems, widely used in airports and industrial plants, with 80 percent of its products customized. To meet rising demand and the shift toward tailored orders, it integrates AI algorithms with its self-developed chiller selector data platform and smart management system, to optimize selection and design. According to Sam Luo, research and development director of Midea Building Technologies Chiller Product Company, once they know a client’s needs, they will input data into the system, which has significantly shortened product design time from at least a week to within an hour. "This boosts efficiency, reduces error rate, and makes it easier for standardized production later on," he added. Meanwhile, technicians use augmented reality (AR) […]

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[Latest] Pfas Testing Market: The Future of Digital New Jersey, United States,- Pfas Testing Market The global PFAS testing market was valued at USD 800 million in 2022 and is expected to experience significant growth in the coming years. With a compound annual growth rate (CAGR) of approximately 8.5%, the market is projected to reach USD 1.7 billion by 2032. The increasing concerns over the environmental and health impacts of PFAS (Per- and Polyfluoroalkyl Substances) have driven demand for advanced testing solutions across various industries, including water treatment, pharmaceuticals, and manufacturing. Rising regulatory pressures and the need for compliance with stricter environmental standards will also contribute to this expansion. Innovations in testing technology and greater awareness regarding the potential risks of PFAS contamination are set to further propel market growth in the upcoming years. The future scope of the PFAS testing market looks promising, with ongoing advancements in analytical techniques such as high-resolution mass spectrometry and immunoassays. The growth of the market is expected to be fueled by increasing investments in research and development, as well as collaborations between government agencies and private sector players to address PFAS-related issues. Furthermore, the adoption of PFAS testing solutions in emerging economies, […]

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Credit: Gorodenkoff Digital infrastructure today is the backbone of enterprise transformation and growth. Optimized and effective digital tools are increasingly the deciding factor between a company powering ahead or withering away. Get it right and you can make smarter decisions that drive a flywheel of employee satisfaction and customer loyalty. Get it wrong and the result is frustration, failure and falling behind the competition. But as organizations look to modernize their technology stack, it’s critical they find the right partner to help their transformation efforts. This partner can help map out the road forward, optimizing existing systems and applications as well as building and deploying future ones. “Having managed multiple vendor relationships and partnerships in my career, I believe the key lies in aligning with partners who share your long-term vision,” comments Vipin Kalra, an engineering leader with more than two decades of experience in the technology industry. The human factor What’s surprising is that a successful partnership is not about tech alone. It’s just as much, if not more, about the people you work with, and the deep, trusted relationships you strike up with them. And this human factor is where too many customer-vendor transformation programs fail. “In […]

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Take a united approach to growth with a connected network of solutions One platform for limitless opportunities Using the latest technology is great for working at speed and scale. But to ensure you have a lasting advantage, you need to streamline your processes for the future. You’ve already started this journey by introducing digital tools that reduce pressure on your teams and enable better customer experiences. Consolidating these tools and creating a single source of truth for your entire organization is crucial — and we can help. ABM Finserv Campaigns Unify teams and processes on a single source of information Sourcing and interpreting data in silos slows down team collaboration, hindering you from finding new ways to help customers. When you have a centralized platform for document management, project management, and communication, staff work faster and make fewer mistakes. A fit-for-purpose platform that integrates into your current system and daily operations allows you to take advantage of new technology like AI and automation. For Morgan Stanley, a unified platform is a game changer 1 Give compliance teams access to actionable guidance and up-to-date templates. 2 Seamlessly integrate horizon scanning and alerts into your existing processes. 3 Manage contracts and […]

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