Artificial Intelligence
$44B Command & Control Systems Market Outlook & Opportunity Assessment, 2025
Dublin, Jan. 21, 2020 (GLOBE NEWSWIRE) — The “Command and Control Systems Market by Application (Government & Defense, and Commercial), Solution (Hardware, Software, Services), Platform (Land, Airborne, Maritime, and Space), Installation Type, Installation Base, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global command and control systems market size is projected to grow from USD 33 billion in 2019 to USD 43.9 billion by 2025, at a CAGR of 4.9% from 2019 to 2025.
This study covers the command and control systems market across various segments and sub-segments. It aims at estimating the size and growth potential of this market across different segments based on application, platform, solution, installation type, installation base, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.
Major players operating in the command and control systems market are Raytheon Company (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), The Boeing Company (US), L3Harris (US), Saab AB (Sweden), and Thales Group (France), among others.
Wide adoption of cloud computing and data storage solutions for C2, increased use of AI, among others, are expected to fuel the growth of the command and control systems market across the globe.
Some of the factors that are expected to fuel the growth of the command and control systems industry are modernizing existing military infrastructure, the need for situational awareness to drive operations, and increased use of battle management systems, among others. However, the high cost for the development and maintenance of command and control systems and subsystems are restraining the market growth.
The new installation segment is estimated to grow at the highest CAGR during the forecast period due to the rising demand for full command and control systems.
Based on the installation type, the new installation segment is estimated to grow at the highest CAGR during the forecast period due to the addition of new troops, vehicles, aircraft, ships, among others. The new installation of command and control systems, especially in the airborne platform, is driving the market. For example, in December 2019, the Australian Department of Defense (DoD) awarded Boeing Defence Australia a contract worth USD 119 million for the development of an air battlespace management capability system for the Royal Australian Air Force Base. Additionally, new command and control systems for dismounted soldiers are also driving the command and control systems market.
The software segment is expected to lead the command and control systems industry in 2019.
Based on the solution, the software segment is estimated to account for the largest share of the command and control systems market in 2019. Software development for Physical Security Information Management (PSIM), signaling & traffic management, infrastructure safety & security management, and military situational awareness are driving the market for command and control systems. Additionally, the development of cloud-based software platforms for advanced command and control is also driving the market. Cloud-based applications allow command centers to download and upload volumes of data at a high-speed. Cloud computing enables quick analysis of the data to gain insights.
The commercial segment is expected to grow at the highest CAGR during the forecast period
Based on the application, the commercial segment is estimated to grow at the highest CAGR during the forecast period. The use of command and control systems for ensuring the safety of industrial facilities, transportation, and critical infrastructure are some of the main drivers for the command and control systems market. Additionally, the development of smart cities is also fueling the growth of this market. The rise in global air traffic has also contributed to the increase in the number of command and control systems for transportation.
North America is estimated to account for the majority of the global command and control systems market share in 2019.
North America is expected to lead the command and control systems market in 2019. The market in the region is highly competitive, owing to the presence of a large number of system integrators, software developers, Original Component Manufacturers (OCMs) such as Raytheon Company (US), General Dynamics Corporation (US), L3Harris (US), Lockheed Martin Corporation (US), and Collins Aerospace (US), among others. Increase in investment into space-based command and control, cloud-based command and control, use of artificial intelligence and modernization of dismounted soldiers to include rugged smart-wear technology, among others, are major factors contributing to the growth of the command and control systems market in North America during the forecast period.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Command and Control System Market
4.2 Command and Control System Market in Government & Defense, By Subapplication
4.3 Command and Control System Market in Military, By Subapplication
4.4 Command and Control System Market in Homeland Security & Cyber Protection, By Subapplication
4.5 Command and Control System Market in Commercial, By Subapplication
4.6 Command and Control System Market, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Enhanced Integrated Situational Awareness (SA) to Support Decision Making
5.2.1.2 Increasing Need for Interoperability Between Security Devices/Technologies
5.2.1.3 Modernization of Existing Military Infrastructure
5.2.1.4 Use of Space-Based Command and Control Infrastructure for Enhanced Connectivity and Mission Support
5.2.1.5 Increased Use of Artificial Intelligence, Machine Learning, and IoT to Assist Decision Making
5.2.1.6 Cloud Computing and Data Storage Solutions for C2
5.2.1.7 Increased Development of Smart Cities
5.2.2 Restraints
5.2.2.1 High Development and Maintenance Costs
5.2.2.2 Threats From Cyberattacks
5.2.3 Opportunities
5.2.3.1 Demand for Integrated Command and Control Systems in Transportation, Healthcare, and Law Enforcement Sectors
5.2.3.2 Integration of Satellite-Based Geospatial Analytical Tools With C2 Systems
5.2.3.3 Integration of Electronic Warfare (EW) Protection Systems in C2 Systems
5.2.4 Challenges
5.2.4.1 Challenges in Data Storage and Analysis
5.2.4.2 Asymmetrical Warfare
6 Industry Trends
6.1 Introduction
6.2 Emerging Trends
6.2.1 Technology Integration and Product Enhancement
6.2.2 Big Data and Artificial Intelligence in Command and Control Systems
6.2.3 Tactical Cloud Applications
6.2.4 Open Architecture C2 Systems
6.2.5 C2 Systems for All Echelons
6.2.6 Geographic Information System (GIS) Based C2 Systems
6.3 Innovations & Patent Registrations
7 Command and Control System Market, By Installation Base
7.1 Introduction
7.2 Fixed Command Centers
7.3 Deployable Command Centers
7.3.1 Mobile Land Command Centers
7.3.2 Mobile Airborne Command Centers
8 Command and Control System Market, By Application
8.1 Introduction
8.2 Government & Defense
8.2.1 Military
8.2.1.1 Battle Management
8.2.1.1.1 Increasing Use of Battle Management Systems for Real-Time Information Sharing is Driving the Market
8.2.1.2 Air and Missile Defense
8.2.1.2.1 Need for Early Warning Systems to Counter Aerial Threats is Driving the Market
8.2.1.3 Nuclear Defense
8.2.1.3.1 Upgradation and Modernization of Nuclear Command and Control Systems are Driving the Market
8.2.1.4 Combat Management
8.2.1.4.1 Modernization of Combat Management Systems is Driving the Market
8.2.1.5 Artillery Control
8.2.1.5.1 Need for A Centralized Structure for Artillery Control is Driving the Market
8.2.1.6 Space Asset Management
8.2.1.6.1 Need for Space Asset Management Control Satellites for Various Missions is Driving the Market
8.2.1.7 Defense Cybersecurity
8.2.1.7.1 Need for Robust Cybersecurity Solutions to Protect the Increasing Electronics Systems and Wearables Used By Soldiers is Driving the Market
8.2.1.8 Unmanned Control
8.2.1.8.1 Increasing Use of Uavs in Surveillance and Intelligence Gathering Applications is Driving the Unmanned Control Segment
8.2.2 Homeland Security & Cyber Protection
8.2.2.1 Disaster Management and First Responders
8.2.2.1.1 Use of Disaster Management Systems for Dispatching First Responders and Giving Instructions is Driving the Market
8.2.2.2 Public Safety & Law Enforcement
8.2.2.2.1 Public Safety & Law Enforcement Increasing Demand for Physical Security Information Management (PSIM) Systems is Driving the Market
8.2.2.2.1.1 Integrated Command and Control Centers
8.2.2.2.1.2 Public Transport Command and Control Centers
8.2.2.2.1.3 Utilities Command and Control Centers
8.2.2.3 Government Critical Infrastructure Security
8.2.2.3.1 Need to Protect Critical Infrastructures Such as Metros and Railways is Driving the Market
8.3 Commercial
8.3.1 Industrial
8.3.1.1 Industrial Uses of Command and Control Systems Include Security Management of Various Manufacturing Facilities
8.3.2 Critical Infrastructure
8.3.2.1 Various Command & and Control Systems are Used for the Security Management of Critical Infrastructure
8.3.3 Transportation
8.3.3.1 Air Traffic Management
8.3.3.1.1 Increase in Passenger Traffic is Driving the Market of Air Traffic Management
8.3.3.2 Vessel Tracking Management
8.3.3.2.1 Increase in Commercial Shipping has Led to Investment in Vessel Tracking Systems
8.3.3.3 Metro and Rail Control Room Solutions
8.3.3.3.1 Metro Expansions in Various Countries are Driving the Market
8.3.4 Smart City Command Center
8.3.4.1 Increase in Investment in Smart Cities is Driving the Market
8.3.5 Ground Control Station for Space
8.3.5.1 Increase in Use of Constellations of Satellites for Missions is Driving the Demand for Ground Control Stations for Space
8.3.6 Others
9 Command and Control System Market, By Platform
9.1 Introduction
9.2 Land
9.2.1 Headquarters & Command Centers
9.2.1.1 Battalion Level Need for Situational-Awareness and Battlefield Management is Driving the Adoption of C2 Systems in Headquarters & Command Centers
9.2.1.1.1 Battalion Level
9.2.1.1.2 Platoon Level
9.2.1.1.3 Dismounted Soldiers
9.2.1.1.4 Joint Force
9.2.2 Vehicular
9.2.2.1 Increasing Use of Multi-Mission Vehicles for Reconnaissance and Target Acquisition is Driving the Vehicular Market
9.2.3 Commercial Installations
9.2.3.1 Increase in Global Automation and Remote Piloting has Driven the Demand for Centralized C2 Centers
9.3 Maritime
9.3.1 Ship-Based
9.3.1.1 Development of New Ships and Upgradation of Existing C2 Systems on Ships are Driving the Market
9.3.2 Coastal Security & Vessel Traffic Management
9.3.2.1 Use of Command and Control Systems in Vessel Traffic Management to Enable Efficient Maritime Operations is Driving the Market
9.3.2.1.1 Global Maritime Situational Awareness
9.3.2.1.2 Anti-Piracy
9.4 Airborne
9.4.1 Manned
9.4.1.1 Use of Manned Aircraft for Surveillance Activities is Driving the Market
9.4.2 Unmanned
9.4.2.1 Requirement of Control Centers to Operate Uavs to Gain Tactical Advantages are Driving the Market
9.5 Space
9.5.1 Satellite Operation Centers
9.5.1.1 Increased Use of Earth-Observation Satellites for Command and Control is Driving the Market
10 Command and Control System Market, By Solution
10.1 Introduction
10.2 Hardware
10.2.1 IT Infrastructure
10.2.1.1 Increasing Use of Handheld Devices for Dismounted Soldiers is Driving the IT Infrastructure Segment
10.2.2 Communication Systems & Datalinks
10.2.2.1 Communication Systems and Datalink Systems Enhance the Interception and Processing Capabilities of Electronic Transmission and Assist Military Commanders Operations
10.2.3 Peripherals
10.2.3.1 Need for Rugged Computers for Increased Situational Awareness and Co-Ordination Among Commanders is Driving the Market for Peripherals
10.3 Software
10.3.1 Infrastructure Safety & Security Management
10.3.1.1 Increasing Use of Satellite-Based Systems and Artificial Intelligence to Monitor Critical Infrastructure is Driving the Market
10.3.2 Physical Security Information Management (PSIM)
10.3.2.1 Deployment of Cost-Effective Wireless Ip Based Solutions is Driving the Market
10.3.3 Signaling & Traffic Management
10.3.3.1 Use of Self-Adaptive Traffic Signal Control Systems in Smart Cities and Developed Countries is Driving the Market
10.3.4 Military Situational Awareness
10.3.4.1 Increasing Use of the Airborne Platform for Military Situational Awareness is Driving the Market
10.4 Services
10.4.1 System Integration & Engineering
10.4.1.1 Ongoing Upgrades to the C2 Systems of Countries are Driving the Market
10.4.2 Simulation & Training
10.4.2.1 Increased Use of Ar and Vr for Simulation & Training of Militaries is Expected to Drive the Market
10.4.3 Logistics & Maintenance
10.4.3.1 Constant Need for Maintenance and Replacement of Hardware Parts is Driving the Market
11 Command and Control System Market, By Installation Type
11.1 Introduction
11.2 New Installation
11.2.1 Deployment of Advanced Command and Control Systems Across Commercial and Military Applications is Driving the Market
11.3 Upgradation
11.3.1 Constant Upgrades Need to Be Made to Keep Systems Up-To-Date and Resilient to Threats
12 Regional Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Middle East & Africa
12.6 South America
13 Competitive Landscape
13.1 Introduction
13.2 Major Players, 2019
13.3 Competitive Scenario
13.4 Competitive Leadership Mapping
13.4.1 Visionary Leaders
13.4.2 Innovators
13.4.3 Dynamic Differentiators
13.4.4 Emerging Companies
13.5 Strength of Product Portfolio
13.6 Business Strategy Excellence
13.7 Competitive Scenario
13.7.1 New Product Launches
13.7.2 Contracts
13.7.3 Expansions & Acquisitions
13.7.4 Partnerships, Agreements, Joint Ventures, and Collaborations
14 Company Profiles
14.1 Lockheed Martin Corporation
14.2 Raytheon Company
14.3 General Dynamics Corporation
14.4 Bae Systems
14.5 Leonardo S.p.A.
14.6 Thales Group
14.7 Northrop Grumman Corporation
14.8 Elbit Systems Ltd.
14.9 Rheinmetall AG
14.10 L3harris Technologies
14.11 Saab AB
14.12 Israel Aerospace Industries
14.13 Rockwell Collins
14.14 Systematic A/S
14.15 Airbus S.A.S.
14.16 Ultra Electronics
14.17 Kongsberg
14.18 Lig NEX1
14.19 Indra
14.20 TSG IT
14.21 Other Companies
14.21.1 Mistral Solutions Pvt. Ltd.
14.21.2 Blue Star Engineering and Electronics Ltd.
14.21.3 Excelerate
14.21.4 Matthews Specialty Vehicles
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Artificial Intelligence
IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.
“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media ContactLorraine BaldwinIBM [email protected]
Willa HahnIBM [email protected]
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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Artificial Intelligence
$10 million Artificial Intelligence Mathematical Olympiad Prize appoints further advisory committee members
D. Sculley, Kevin Buzzard, Leo de Moura, Lester Mackey and Peter J. Liu appointed to the advisory committee for the Artificial Intelligence Mathematical Olympiad Prize.
LONDON, April 26, 2024 /PRNewswire/ — XTX Markets’ newly created Artificial Intelligence Mathematical Olympiad Prize (‘AIMO Prize’) is a $10mn challenge fund designed to spur the creation of a publicly shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).
XTX Markets is delighted to announce the appointment of five further advisory committee members. This group brings great expertise in machine learning, including D. Sculley, the CEO of Kaggle; Lester Mackey, a Principal Researcher at Microsoft Research and a Macarthur Fellow; and Peter J. Liu, a research scientist at Google DeepMind.
Prolific mathematicians Kevin Buzzard, who achieved a perfect score in the International Mathematical Olympiad, and Leo De Moura who is the Chief Architect for Lean, the automated reasoning tool, also join the advisory group.
They join the existing advisory committee members Terence Tao and Timothy Gowers, both winners of the Fields Medal, as well as Dan Roberts, Geoff Smith and Po-Shen Loh.
The AIMO Advisory Committee will support the development of the AIMO Prize, including advising on appropriate protocols and technical aspects, and designing the various competitions and prizes.
Simon Coyle, Head of Philanthropy at XTX Markets, commented:
“We are thrilled to complete the AIMO Advisory Committee with the appointments of D., Kevin, Leo, Lester and Peter. Together, they have enormous experience in machine learning and automated reasoning and are already bringing expertise and wisdom to the AIMO Prize. We look forward to announcing the winners of the AIMO’s first Progress Prize soon, and then publicly sharing the AI models to support the open and collaborative development of AI.”
Further information on the AIMO Prize
There will be a grand prize of $5mn for the first publicly shared AI model to enter an AIMO approved competition and perform at a standard equivalent to a gold medal in the IMO. There will also be a series of progress prizes, totalling up to $5mn, for publicly shared AI models that achieve key milestones towards the grand prize.
The first AIMO approved competition opened to participants in April 2024 on the Kaggle competition platform. The first progress prize focuses on problems pitched at junior and high-school level maths competitions. There is a total prize pot of $1.048m for the first progress prize, of which at least $254k will be awarded in July 2024, There will be a presentation of progress held in Bath, England in July 2024, as part of the 65th IMO.
For more information on the AIMO Prize visit: https://aimoprize.com/ or the competition page on Kaggle: https://www.kaggle.com/competitions/ai-mathematical-olympiad-prize/
Advisory Committee member profiles:
D. Sculley
D. is the CEO at Kaggle. Prior to joining Kaggle, he was a director at Google Brain, leading research teams working on robust, responsible, reliable and efficient ML and AI. In his career in ML, he has worked on nearly every aspect of machine learning, and has led both product and research teams including those on some of the most challenging business problems. Some of his well-known work involves ML technical debt, ML education, ML robustness, production-critical ML, and ML for scientific applications such as protein design.
Kevin Buzzard
Kevin a professor of pure mathematics at Imperial College London, specialising in algebraic number theory. As well as his research and teaching, he has a wide range of interests, including being Deputy Head of Pure Mathematics, Co-Director of a CDT and the department’s outreach champion. He is currently focusing on formal proof verification, including being an active participant in the Lean community. From October 2024, he will be leading a project to formalise a 21st century proof of Fermat’s Last Theorem. Before joining Imperial, some 20 years ago, he was a Junior Research Fellow at the University of Cambridge, where he had previously been named ‘Senior Wrangler’ (the highest scoring undergraduate mathematician). He was also a participant in the International Mathematical Olympiad, winning gold with a perfect score in 1987. He has been a visitor at the IAS in Princeton, a visiting lecturer at Harvard, has won several prizes both for research and teaching, and has given lectures all over the world.
Leo de Moura
Leo is a Senior Principal Applied Scientist in the Automated Reasoning Group at AWS. In his spare time, he dedicates himself to serving as the Chief Architect of the Lean FRO, a non-profit organization that he proudly co-founded alongside Sebastian Ullrich. He is also honoured to hold a position on the Board of Directors at the Lean FRO, where he actively contributes to its growth and development. Before joining AWS in 2023, he was a Senior Principal Researcher in the RiSE group at Microsoft Research, where he worked for 17 years starting in 2006. Prior to that, he worked as a Computer Scientist at SRI International. His research areas are automated reasoning, theorem proving, decision procedures, SAT and SMT. He is the main architect of several automated reasoning tools: Lean, Z3, Yices 1.0 and SAL. Leo’s work in automated reasoning has been acknowledged with a series of prestigious awards, including the CAV, Haifa, and Herbrand awards, as well as the Programming Languages Software Award by the ACM. Leo’s work has also been reported in the New York Times and many popular science magazines such as Wired, Quanta, and Nature News.
Lester Mackey
Lester Mackey is a Principal Researcher at Microsoft Research, where he develops machine learning methods, models, and theory for large-scale learning tasks driven by applications from climate forecasting, healthcare, and the social good. Lester moved to Microsoft from Stanford University, where he was an assistant professor of Statistics and, by courtesy, of Computer Science. He earned his PhD in Computer Science and MA in Statistics from UC Berkeley and his BSE in Computer Science from Princeton University. He co-organized the second place team in the Netflix Prize competition for collaborative filtering; won the Prize4Life ALS disease progression prediction challenge; won prizes for temperature and precipitation forecasting in the yearlong real-time Subseasonal Climate Forecast Rodeo; and received best paper, outstanding paper, and best student paper awards from the ACM Conference on Programming Language Design and Implementation, the Conference on Neural Information Processing Systems, and the International Conference on Machine Learning. He is a 2023 MacArthur Fellow, a Fellow of the Institute of Mathematical Statistics, an elected member of the COPSS Leadership Academy, and the recipient of the 2023 Ethel Newbold Prize.
Peter J. Liu
Peter J. Liu is a Research Scientist at Google DeepMind in the San Francisco Bay area, doing machine learning research with a specialisation in language models since 2015 starting in the Google Brain team. He has published and served as area chair in top machine learning and NLP conferences such as ICLR, ICML, NEURIPS, ACL and EMNLP. He also has extensive production experience, including launching the first deep learning model for Gmail Anti-Spam, and using neural network models to detect financial fraud for top banks. He has degrees in Mathematics and Computer Science from the University of Toronto.
About XTX Markets:
XTX Markets is a leading financial technology firm which partners with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. XTX has over 200 employees based in London, Paris, New York, Mumbai, Yerevan and Singapore. XTX is consistently a top 5 liquidity provider globally in FX (Euromoney 2018-present) and is also the largest European equities (systematic internaliser) liquidity provider (Rosenblatt FY: 2020-2023).
The company’s corporate philanthropy focuses on STEM education and maximum impact giving (alongside an employee matching programme). Since 2017, XTX has donated over £100mn to charities and good causes, establishing it as a major donor in the UK and globally.
In a changing world XTX Markets is at the forefront of making financial markets fairer and more efficient for all.
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