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…
MELSOFT MaiLab: Mitsubishi’s AI solution unleashes the full potential of shop floors
MELSOFT MaiLab (Mitsubishi Electric’s AI Laboratory) helps companies drive productivity improvements on manufacturing lines. The new solution offers an intuitive, operator-centric platform that leverages AI to automatically optimise operations while maximising equipment monitoring, visibility and diagnostics. The future of manufacturing…
Fujitsu delivers digital transformation with AI demand forecast service for TORIDOLL noodle shops throughout Japan
New AI service to improve operational efficiency, reduce food loss, and realise efficient energy management at 823 Marugame Udon shops in Japan. Fujitsu and TORIDOLL have announced the deployment of Fujitsu’s AI demand forecast service at 823 Marugame Udon noodle…
Wearable tech, AI and clinical teams join to change the face of trial monitoring
A multi-disciplinary team of researchers has developed a way to monitor the progression of movement disorders using motion capture technology and AI. In two ground-breaking studies, published in Nature Medicine, a cross-disciplinary team of AI and clinical researchers have shown that by…
Could ChatGPT herald the next stage for CX AI adoption?
Joe O’Brien, Global Corporate Communications Manager, Sabio Group, explores what’s next for ChatGPT and CX AI. Over the last few weeks, you may have heard lots of noise about ChatGPT, the new model for conversational AI that was launched by…
Robot control system market to be worth $19.9Bn by 2033
The robot control system market is projected to reach valuation of $6.8 billion in 2023 and will top $19.9 billion by 2033, rising with a CAGR of around 11.2% during 2023-2033. In 2023, the global robot market is estimated to be valued around $38,654 million. Robot control…
Resilience is key for reliability programmes in 2023
Organisations have been dealing with a myriad of uncertainties affecting their business operations over the past few years, but they are finally starting to see some stability in their operating environment. While this stability is welcome, the key for most…
The Edge AI market is estimated to be valued at $39.6bn by 2032, up from $5.9bn in 2022
The Edge AI market is anticipated to expand at a CAGR of 20.8% during the forecast period. According to FMI, the market is anticipated to be valued at $39,618.3m by 2032, up from $5,970.7m in 2022. The growing demand for…
