Artificial Intelligence
Enterprise Governance, Risk and Compliance (eGRC) Market to Hit $57.57 Billion by 2026; Increasing Demand to Integrate IT Operations to Feed Growth: Fortune Business Insights™
Pune, Dec. 20, 2019 (GLOBE NEWSWIRE) — The global Enterprise Governance, Risk and Compliance (eGRC) Market size is set to reach USD 57.57 billion by 2026, exhibiting a CAGR of 13.2% during the forecast period. Increasing cybersecurity threats around the globe is foreseen to be one of the primary forces driving the growth of this market. According to the Threat Landscape Report 2018 published by the European Union Agency for Cybersecurity (ENISA), ransomware caused 39% of the global data malware and 64% of the industrial network breaches in 2017. Moreover, a study conducted by Verizon found that 92% of malware attacks were through emails. As more and more devices get interlinked through cloud software and the internet, the risk quotient to cyber security is bound get higher, thus creating a dire need for eGRC solutions.
Fortune Business Insights™ shares the above information in its report, titled “Enterprise Governance, Risk and Compliance (eGRC) Market Size, Share & Industry Analysis, By Component (Software, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, Healthcare, Government, Energy & Utilities, Manufacturing, Retail & Consumer Goods, Telecom & IT and Others) and Regional Forecast, 2019 – 2026”. The report further states that the value of this market stood at USD 21.72 billion in 2018 and provides the following insights:
- A meticulous research into the different factors and drivers shaping the market;
- A detailed analysis of the regional and competitive landscape of the market;
- A comprehensive overview of the current and upcoming industry trends that will impact the market; and
- An in-depth evaluation of the various market segments and their cumulative effect on the market during the forecast period.
To gain more insights into the market with detailed table of content and figures, click here:
https://www.fortunebusinessinsights.com/industry-reports/enterprise-governance-risk-and-compliance-egrc-market-101415
Emergence of IoT and AI Technologies to Spur Market Growth
One of the leading enterprise governance, risk and compliance market trends is the spiking uptake of Internet of Things (IoT) and Artificial Intelligence (AI) technologies by organizations. AI-based eGRC systems are gaining popularity as they facilitate efficient collection and analysis of large volumes of data that companies and governments have to deal with on a daily basis. This will be enable organizations to upgrade and strengthen their IT infrastructure, which will augur well for the eGRC market growth in the forecast period. These systems also have other advantages. For example, they provide a platform for designing a well-configured operating strategy and streamlining diverse business processes. These benefits will also give a boost to the adoption rate of eGRC solutions.
Asia-Pacific to Boast Highest CAGR; North America to Lead the Charge
Among regions, North America is anticipated to dominate the enterprise governance, risk and compliance market share owing to the increasing vulnerability of data systems to cyber threats. Europe will be the second leading region in this market on account of growing popularity of cloud-based computing systems and a high acceptance rate of advanced technologies such IoT and systems integration software. Asia-Pacific will register the highest CAGR as a result of rising public and private investment in IoT and AI and a steady adoption of cloud-based solutions, especially in India and China.
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Development of Advanced Solutions by Players to Stimulate Competition
Competitors in this are taking expansive measures to consolidate their position, the enterprise governance, risk and compliance market report by Fortune Business Insights™ says. Key players are focusing their energies on developing next-generation eGRC solutions for customers through joint partnerships so as to diversify their product offerings.
Key Industry Developments:
- November 2019: SAP SE and Accenture announced their collaboration to develop advanced business solutions to be known as SAP Cloud for Utilities. This platform would empower businesses to effectively manage their processes and efficiently analyse customer experiences, thus enabling them to take well-informed strategic decisions.
- May 2019: Thomson Reuters and IBM teamed up to build a robust AI-powered system to meet the extensive regulatory requirements of banks. This solution will enable banks and other financial institutions to access real-time data through the IBM Cloud.
List of Prominent Players in the eGRC Market:
- Microsoft Corporation
- Wolters Kluwer N.V
- Thomson Reuters
- IBM Corporation
- Dell Technologies Inc.
- Oracle Corporation
- EMC CORPORATION
- Bwise
- MetricStream Inc.
- SAP SE
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Table of Content:
- Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
- Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
- Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Forces Analysis
- Global Enterprise Content Management (ECM) Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecasts
- By Solution (Value)
- Content Workflow
- Document Management
- Imaging and Capturing
- Web Content Management
- Record Management
- Digital Asset Management
- Mobile Content Management
- Case Management
- By Deployment (Value)
- Cloud
- On-Premises
- By Enterprise Size (Value)
- SMEs
- Large Enterprises
- By Industry Vertical (Value)
- BFSI
- Government
- IT & Telecom
- Consumer Goods and Retail
- Healthcare and Life Sciences
- Transportation and Logistics
- Others (Manufacturing, Energy & Utilities, etc.)
- By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- By Solution (Value)
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Press Release- https://www.fortunebusinessinsights.com/press-release/enterprise-governance-risk-compliance-egrc-market-9274
Artificial Intelligence
IG Canada Announces Enhanced Trading Platform for Enhanced User Experience
Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.
IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053
View original content:https://www.prnewswire.co.uk/news-releases/ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience-302127189.html
Artificial Intelligence
Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment
This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM
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Artificial Intelligence
Homestyler to Recruit First Batch of Global Partners in 20 Countries
MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.
Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.
View original content:https://www.prnewswire.co.uk/news-releases/homestyler-to-recruit-first-batch-of-global-partners-in-20-countries-302127111.html
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