Energy security tops the list of the ‘most exciting’ areas of smart utility development, ahead of climate-related and disaster management technologies. This is according to a recent survey among senior professionals at US utility companies, and interviews at one of…
AI in retail market to hit $85 billion by 2033
The global AI in retail market is set to achieve a valuation of $85 billion by 2033, expanding at a noteworthy 30.3% CAGR from 2023 to 2033. AI in retail is ushering in a new era of how businesses track…
2023 tech trends report reveals growing interest in AI topics, driven by generative AI advancement
O’Reilly, the premier source for insight-driven learning on technology and business, has announced the findings of its annual Technology Trends for 2023 report, which examines the most sought-after technology topics consumed by the 2.8 million users on O’Reilly’s online learning…
What AI and ChatGPT mean for the retail industry
ChatGPT, the new AI-powered chatbot, is set to revolutionise the way we work. The chatbot uses natural language processing (NLP) to generate high-quality, human-like responses upon user request, making it one of the most innovative and influential AI systems to…
Inify Laboratories complete new lab in record time
Inify Laboratories has completed its new laboratory – including staffing up with skilled professionals – in less than a year. “The laboratory has been finished in record time. We now have an ultramodern AI-based laboratory, and a dedicated team with…
Demand for robot vision system is anticipated to reach $7,236.2M
The global robot vision system market is likely at $2,690.4 million in 2023 and expected to grow at a CAGR of 10.4% during the forecast years of 2023-2033. In order to improve job efficiency and replace human labour, the market…
Sparrow, the new robot from Amazon, drives efficiency and advances careers
Amazon is one of the largest global e-commerce providers. In 2021 alone it delivered 5 billion packages around the world. That’s more than 13 million a day. That’s a lot of picking, packing, and sorting for a warehouse worker. Not…
Edge AI market expected to hit $70bn by 2032
As per the report by Global Market Insights, “Worldwide Edge AI market was valued $5bn in 2022 and will surpass a revenue collection of $100bn by 2032 with an annual growth rate of 35% over 2023 to 2032.” Global Edge…
FG25 Sub-GHz SoC now available for Smart Cities and Long-Range Deployments
During works with the 2022 Developer Conference, Silicon Labs announced their new flagship sub-Ghz SoC, the FG25, which is now generally available through Silicon Labs and distribution partners. The FG25 is the ideal SoC (system on chip) for long-range, low-power…
Collaboration creates smarter, healthier, more sustainable buildings
Johnson Controls, the global specialist for smart, healthy and sustainable buildings, and Willow, a provider of digital twin solutions for critical infrastructure and real estate have announced a global collaboration to digitally transform buildings and facilities into healthier, safer and more…
