Artificial Intelligence
Global Geospatial Analytics Market Report 2020-2028: Military Intelligence Application is Projected to Rise as the Highest Growing Segment
Dublin, Oct. 05, 2020 (GLOBE NEWSWIRE) — The “Geospatial Analytics Market By Component, By Type, By Application, By End-use Vertical – Growth, Future Prospects And Competitive Analysis, 2020 – 2028” report has been added to ResearchAndMarkets.com’s offering.
The global geospatial analytics market garnered a market value of US$ 45.13Bn in 2019 and is likely to witness a remarkable growth, with a CAGR of 15.1% across the forecast period from 2020 to 2028.
The research report presents the analysis of each segment from 2018 to 2028 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2020 to 2028.
Geospatial analytics solutions have helped in facilitating higher quality, productive workflow, and data exchange in order to drive productivity, value, safety, and efficiency across several end-use verticals.
In the modern world, the power of geospatial information is increasing to a greater extent. With the upsurge of the Internet of Things (IoT) and other such technologies, the sensor networks are elevating the geospatial data rates higher than earlier. There has been a surge of sensor networks on the ground or mounted upon drones flying overhead, mobile devices carried by people, vehicles, atmosats at high altitudes, tethered aerostats, and microsats in an orbit.
In addition, remote sensing and geographical information systems (GIS) provide the facilities to analyze, visualize, and manipulate geospatial data for decision-makers. Consequently, growing technological advancements coupled with increasing adoption of the Internet of Things and the introduction of big data analysis and Artificial Intelligence (AI) is altogether expected to boost the market for geospatial analytics in the years to come.
Surveying Segment to Strengthen its Supremacy in Geospatial Analytics Market
The global geospatial analytics market, based on application is segmented into surveying, military intelligence, medicine & public safety, disaster risk reduction & management, climate change adaptation, urban planning, and others. In 2019, the surveying segment led the market and is likely to grow at a significant rate in the years to come.
The growth is mainly attributed to its wide-ranging adoption in monitoring agriculture and natural resource. Geospatial analytics solutions are used majorly for surveying purposes in the agricultural industry to understand the topsoil erosion. Nevertheless, the military intelligence application is projected to rise as the highest growing segment over the estimation period. The growth of this segment is majorly accredited to the growing number of remote sensing satellites worldwide for border guarding, which thereby demands the usage for geospatial analytics.
North America Garnered Lion Share in the Geospatial Analytics Market
In 2019, North America represented the largest market share in the geospatial analytics market and is likely to continue with its period of influence during the forecast period from 2020 to 2028. The growth of this region is mainly backed by the U.S. due to the increased adoption of advanced and emerging technologies such as IoT, cloud computing, business intelligence tools, big data analysis, etc. In the U.S., the Department of Defense (DoD), by tradition has been the largest consumer of geospatial analytics.
The intelligence community satellites have been continually producing constant streams of telemetry for decades now, and sensor nets, defense vehicles, and many other sources of data have sprung up over time. With the rise of this type of data, the DoD has helped in promoting data analysis, open-source, open data companies in the region.
On the other hand, Asia Pacific is expected to emerge as the fastest-growing region in the geospatial analytics market. The growth of this region is mainly credited to the growing demand in countries such as Japan, China, and India owing to rapid industrialization and growth in the logistics and infrastructure industries.
Competitive Insights
The players in the geospatial analytics market are ceaselessly aiming at growing their influence and emphasizing their offerings to cater to the necessities of the clientele and also to withstand their leading place in the market. Product innovation, new product development, and partnerships are the key strategies performed by the players in the geospatial analytics market.
Key questions answered in this report
- What was the market size of the geospatial analytics market in 2019 and forecast up to 2028?
- What are the key factors driving the global geospatial analytics market?
- What are the key market trends and high-growth opportunities observed in the geospatial analytics market?
- What are the drivers of the geospatial analytics market?
- Which is the largest regional market for the geospatial analytics market?
- Which segment will grow at a faster pace? Why?
- Which region will drive the market growth? Why?
- Which players are leading the geospatial analytics market?
- What are the sustainability strategies adopted by the key players operating in the market?
Companies Mentioned
- Alteryx Inc.
- DigitalGlobe
- Fugro N.V.
- Hexagon AB
- RMSI
- SAP SE
- Trimble Navigation Ltd.
- Maxar Technologies Inc.
- MapLarge
- Harris Corporation
- Bently Systems Inc.
- ESRI
- GE Grid Solutions LLC
- Oracle Corporation
- Pitney Bowes Inc.
- Google LLC
For more information about this report visit https://www.researchandmarkets.com/r/p5phti
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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Artificial Intelligence
TRON Forum collaborates with four major microcontroller manufacturers to hold TRON Programming Contest Using World-Standard Real-Time OS with 5 million JP YEN cash prize
TOKYO, March 29, 2024 /PRNewswire/ — TRON Forum (Chair: Ken Sakamura, Professor Emeritus of the University of Tokyo) is pleased to announce that four microcontroller manufacturers, Infineon Technologies Japan K.K. (President & CEO: Ikuya Kawasaki), STMicroelectronics K.K. (Country Manager for Japan: Koichiro Takakuwa), NXP Japan K.K. (President & CEO: Masayuki Wajima), and Renesas Electronics Corporation (President & CEO: Hidetoshi Shibata) have collaborated with the Forum to hold TRON Programming Contest from Monday, December 11, 2023 jointly. The initial registration is being accepted now.
This contest is for engineers and students in Japan and overseas to compete in various fields such as microcontroller applications, middleware, development environments, and tools using a member of TRON real-time OS (RTOS) family, “μT-Kernel 3.0” (*), which is a global standard of small-scale embedded computer systems.
(*) μT-Kernel 3.0 is an RTOS that fully complies with the real-time OS standard “IEEE 2050-2018” (IEEE Standard for a Real-Time Operating System (RTOS) for Small-Scale Embedded Systems) and runs on microcontrollers from various manufacturers.
Using the latest microcomputer boards provided by the manufacturers, contestants will compete in technologies that bring out the characteristics of RTOSs such as real-time performance, power saving, and small memory footprint, as well as development environments and tools that utilize new technologies.
The details of the contest with the total amount of cash prize, five million Japanese yen are at the following URL: https://www.tron.org/programming_contest/
About TRON Forum
TRON Forum was established in 2002 to promote TRON Project. We have been actively conducting activities centered on the T-Engine project, which prepares the development environment for embedded systems, and the operation of Ubiquitous ID Centers such as ucode.
In May 2015, Chair Sakamura received the ITU 150th Anniversary Award together with Bill Gates and others for his advocacy of open architecture TRON, which is the origin of ubiquitous networking and the IoT.
One member of the TRON RTOS family has been adopted as an international standard for real-time operating systems (RTOS) for small-scale embedded systems as 2050-2018 by Institute of Electrical and Electronics Engineers (IEEE), the world’s largest association of its kind and an international standardization organization. In 2023, the project leader, Chair Sakamura, received the IEEE Masaru Ibuka Consumer Technology Award from the IEEE in honor of the late Mr. Ibuka. In addition, the TRON RTOS family received the IEEE Milestone recognition in 2023.
URL: https://www.tron.org
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/xtalpi-unveils-xtalgazer-a-comprehensive-ai-driven-polymorph-selection-platform-302102794.html
Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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View original content:https://www.prnewswire.co.uk/news-releases/icis-and-base-oil-news-announce-partnership-to-enhance-market-insights-302102782.html
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