Artificial Intelligence
Insights on the Smart Appliance Global Market to 2025 – Featuring General Electric, Panasonic and Whirlpool Among Others
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Dublin, Nov. 26, 2020 (GLOBE NEWSWIRE) — The “Smart Appliance Market by Technology, Solutions, Applications and Services 2020 – 2025” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates the smart appliance marketplace including technologies, companies, solutions, products, and services. The report includes an analysis of leading companies and their strategies and offerings. The report evaluates the use of converged AI and IoT systems/solutions known as AIoT to enable intuitive and value-added human-to-machine smart appliance interactions. The report also provides market projections with forecasts covering the period 2020 to 2025 for all major aspects of the smart appliance market including technologies, solutions, applications, and services.
Related to Connected Home technologies, smart appliances leverage the Internet of Things (IoT) and are connected to the Cloud and control infrastructure such as utilities/smart grid to enable more efficient and more productive use of electricity. Smart appliances include thermostats, clothes washers, dryers, microwaves, hot water heaters, and refrigerators. Smart appliances rely upon various communications technologies including Wi-Fi, ZigBee, Z-Wave, Bluetooth, and NFC, as well as IoT and related operating systems for consumer command and control such as iOS, Android, Azure, Tizen.
Implementation and operation is becoming increasingly easy for end-users, facilitating rapid growth in the Do-it-Yourself (DIY) segment. Smart grid integrators play an important role defining smart appliance standards through transferring knowledge, testing efficiency, and optimizing systems and networks that would communicate with both utilities and smart appliances. These companies and other entities ensure intelligent appliances receive real-time data from the AMI system to control or modulate their operation.
One of the important areas to consider within the smart appliances market is the convergence of AI and IoT, which is also known as the Artificial Intelligence of Things or AIoT. Currently, many AIoT use cases are very retail product-oriented, many of which focus on cognitive computing in consumer appliances. Sharp refers to AIoT as “People-Oriented IoT = AIoT” for “more responsive technology” as part of what they refer to as the “Smart Life”. They provide examples of smart homes in which the system learns how its occupants like to live through interaction with smart appliances and housing equipment. Select Report Findings:
Key Topics Covered:
1. Executive Summary
2. Smart Appliances Market Overview 3. Smart Appliance Market Forces and Driver Analysis 4. Smart Appliance Companies, Products, and Services 5. Smart Appliance Market Analysis and Forecasts 6. Conclusions and Recommendations 7. Appendix: AIoT in Smart Appliances
For more information about this report visit https://www.researchandmarkets.com/r/k42ly6
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
2.1 Smart Appliance Characteristics
2.2 Smart Appliance Market Definition
2.3 Role of Smart Grid Integrators
2.4 Role of Utilities and the Smart Grid
2.5 Smart Appliance Applications
2.6 Smart Appliance Value Chain Analysis
2.7 Designing Smart Appliance Experience
2.8 Context Aware Smart Automation
2.9 Smart Appliance Data Analytics
2.10 Smart Appliances within the Larger Ecosystem
2.11 The Need for Smart Collaboration
2.12 The Need for Companion Capabilities
2.13 Smart Appliance Benefits
2.14 Do It Yourself Case Study
3.1 Energy Consumption Continually Increases
3.2 Mobile Application Control and Automation
3.3 Global Housing Market and Economic Factors
3.4 Global Climate and Energy Consumption
3.5 Dynamic Pricing Model Strategies
3.6 Digital Consumerization and Lifestyle Transformation
3.7 High Capital Investment
3.8 Demand vs. Supply Factors
3.9 Competitive Pressures
3.10 Smart City Growth and Development
3.11 Artificial Intelligence
3.12 Waste Reduction Initiatives
3.13 Home Safety and Security
3.14 Home Security and Do-it-Yourself Trend
3.15 Healthcare Integration
3.16 Smart Grid Integration
3.17 Government Subsidies
4.1 General Electric
4.1.1 Overview
4.1.2 Products and Offerings
4.2 LG Electronics
4.2.1 Overview
4.2.2 Products and Offerings
4.3 Panasonic Corporation
4.3.1 Overview
4.3.2 Products and Offerings
4.4 Samsung Electronics
4.4.1 Overview
4.4.2 Products and Offerings
4.5 Whirlpool Corporation
4.5.1 Overview
4.5.2 Products and Offerings
4.6 Electrolux
4.6.1 Overview
4.6.2 Products and Offerings
4.7 Philips
4.7.1 Overview
4.7.2 Products and Offerings
4.8 Bosch Hausgerate GmbH
4.8.1 Overview
4.8.2 Products and Offerings
4.9 Haier
4.9.1 Overview
4.9.2 Products and Offerings
4.10 Miele
4.10.1 Overview
4.10.2 Products and Offerings
4.11 Indesit
4.11.1 Overview
4.11.2 Products and Offerings
5.1 Smart Appliances Revenue Analysis
5.2 Global Smart Appliances Market 2020 – 2025
5.3 Smart Appliances by Type 2020 – 2025
5.3.1 Smart Home Appliances by Type 2020 – 2025
5.3.2 Smart Industrial Appliances by Type 2020 – 2025
5.3.3 Smart Office Appliances by Type 2020 – 2025
5.3.4 Smart Appliances by Communication Technology 2020 – 2025
5.3.5 Smart Appliances by Connectivity Protocol 2020 – 2025
5.3.6 Smart Appliances by End User 2020 – 2025
5.3.7 Smart Appliances by Solutions and Services 2020 – 2025
5.3.8 Smart Appliances by Managed Services 2020 – 2025
5.3.9 Smart Appliances by Support and Maintenance Services 2020 – 2025
5.3.10 Smart Appliances by Region 2020 – 2025
5.4 Smart Lawn and Yard Equipment by Revenue and Units 2020 – 2025
5.5 Smart Lawn and Yard Equipment by Type 2020 – 2025
6.1 Recommendations for Appliance Manufacturers
6.2 Recommendations for Technology and Service Providers
6.3 Recommendations for Lawmakers and Regulators
6.4 Recommendations for Retailer Value Chain
CONTACT: ResearchAndMarkets.com
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Artificial Intelligence
Add Value Machine, ADCB and Amazon Web Services (AWS) Successfully Conclude UAE’s First-Ever Generative AI Hackathon in the Banking Sector
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ABU DHABI, UAE, June 17, 2024 /PRNewswire/ — Add Value Machine (AVM), a leading provider of secure generative AI platforms, and Abu Dhabi Commercial Bank (ADCB), one of the largest banks in the UAE, have successfully concluded the groundbreaking ADCB Generative AI Hackathon. The event, which took place in Abu Dhabi, marked the first time a UAE bank has conducted a hackathon focused on exploring the potential of generative AI in the banking sector.
“We are thrilled to have partnered with ADCB and AWS to host this groundbreaking hackathon,” said John Shaw, CEO of Add Value Machine. “Our secure generative AI platform has enabled ADCB to explore innovative solutions that can drive meaningful business impact across the bank. This event showcases the immense potential of generative AI in the banking sector, and we look forward to working with ADCB to bring the most impactful use cases into production.”
The hackathon brought together nearly 120 participants from ADCB, AVM and Amazon Web Services (AWS) collaborated to structure the event around key business outcomes, focusing on the most relevant ROI generative AI use cases in procurement, engineering, retail banking, and treasury.
Sean Langton, ADCB’s CIO, reflected on the event’s success, stating, “Generative AI is the perfect technology for a hackathon – it has unlimited opportunity to improve our business and customer experience but also presents emerging risks we need to be mindful of. Thanks to our partnerships with Added Value Machine and AWS, we’ve been able to build several AI ‘bots’ in a safe way in just a day. I can’t wait to see the first of these up and running in production in the coming days.”
All use cases developed during the hackathon were built on AVM’s observability, governance and compliance generative AI platform. AVM and AWS are now working closely with ADCB to accelerate the most impactful use cases into production, ensuring that the bank can quickly realize the benefits of generative AI technology.
Ravi Singh, President and CTO of Add Value Machine, expressed his enthusiasm for the collaboration, stating, “It’s inspiring to witness the passion and unity of purpose at ADCB. The combination of visionary leadership and technical expertise has resulted in a thoughtful, measured approach to generative AI adoption. We are proud to be part of this transformative journey.”
ADCB plans to conduct regular hackathons to foster a culture of innovation and explore new applications of generative AI technology across its business operations.
About Add Value Machine:AVM is a leading Generative AI security company that provides 360-degree observability, enabling enterprises to monitor all of the Generative AI usage no matter where it happens. The accelerated use of generative AI at large corporations has also accelerated customer data leakage and presents new challenges for companies looking to maintain security compliance. At AVM, we believe that the accelerated adoption of Generative AI needs the strict adoption of advanced security protocols.
Contact:Julie [email protected]
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Artificial Intelligence
Altair One® Cloud Innovation Gateway Now Available on Google Cloud Marketplace
![altair-one-cloud-innovation-gateway-now-available-on-google-cloud-marketplace](https://roboticulized.com/wp-content/uploads/2024/06/150235-altair-one-cloud-innovation-gateway-now-available-on-google-cloud-marketplace.jpg)
Addition will expand access to Altair’s digital engineering experience
TROY, Mich., June 17, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced that Altair One®, Altair’s cloud innovation gateway, is now available on Google Cloud Marketplace, opening up a world of possibilities for users seeking seamless access to powerful simulation, data analytics, and high-performance computing (HPC) capabilities.
Altair One is designed for collaborative engineering, data engineering, and analytical application development. Built on a robust HPC backbone, Altair One provides seamless, unified access to tools, data, and computing resources while unleashing the power of artificial intelligence (AI) across every step of the product development life cycle.
Google Cloud Marketplace customers can now leverage Bring Your Own Cloud (BYOC) functionality to run Altair simulation, AI, and data analytics applications.
“The integration of Altair One with the Google Cloud Marketplace empowers Google Cloud users to effortlessly unlock a world of innovative solutions. This collaboration will fuel engineering breakthroughs with the power of Google Cloud’s adaptable, flexible, and scalable cloud infrastructure,” said Sam Mahalingam, chief technology officer, Altair. “This integration aligns perfectly with our core mission of equipping businesses for digital success and making powerful software solutions readily accessible to users.”
“Bringing Altair One to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the platform on Google Cloud’s trusted, global infrastructure,” said Dai Vu, managing director, Marketplace and ISV GTM Programs, Google Cloud. “Altair can continue to securely scale and support customers on their digital transformation journeys.”
Altair One is the gateway that empowers organizations to mature into digital enterprises by breaking down data silos, connecting virtual models, optimizing their compute infrastructure, and digitizing key processes. It provides all the tools to create a “One Total Twin” of a product throughout its lifecycle, “One Traceable Thread” connecting all data stages, and a “Single Source of Truth” for all models and data. This all-in-one platform automates data capture, empowers better decision-making, enhances performance management, and ultimately accelerates engineering processes for a seamless digital experience.
To learn more, visit https://console.cloud.google.com/marketplace/product/altair/altair-one-private?hl=en&project=altair-public.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
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Artificial Intelligence
IBS Software Announces Appointment of New Chief Executive Officer Somit Goyal
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DUBAI, UAE, June 17, 2024 /PRNewswire/ — IBS Software, a leading SaaS solutions provider to the travel industry globally, has appointed Somit Goyal as its new Chief Executive Officer (CEO), effective immediately. Somit succeeds Anand Krishnan, who served as CEO of IBS Software since 2018.
Somit Goyal brings a wealth of experience in the enterprise software sector, having held leadership roles at globally renowned companies such as Microsoft, SAP, Oracle and AOL.
During his 11-year tenure at Microsoft, Somit held several leadership roles across strategy, operations, sales and customer success. In his last role, he managed the global sales of Microsoft’s Modern Work cloud business, and before that, Somit served as the Chief Operating Officer of Microsoft’s Public Sector business worldwide. Somit also conceived and established the Customer Success function at Microsoft, an area of growing importance for IBS Software as it continues to expand globally.
Most recently, Somit served as President and COO of Pluralsight, a SaaS company, where he oversaw product, engineering and GTM functions.
“Somit’s impressive experience in operating global SaaS businesses, leading diverse teams, and managing all facets of enterprise software make him exceptionally well-suited to lead IBS Software during this exciting phase of growth,” said V K Mathews, Executive Chairman of IBS Software. “IBS Software is at a pivotal point in its trajectory as we continue to innovate to better serve our customers. I am confident Somit will help unlock our full potential.”
With a comprehensive portfolio of modular, cloud-based solutions purpose-built for the travel industry, IBS Software helps travel companies accelerate innovation and drive efficiency across a broad set of core business processes, including passenger services, flight operations, cargo and logistics, loyalty management, cruise operations, energy & resource logistics and hospitality businesses.
“With a broad portfolio of industry leading products, marquee customers and a talented team, with deep domain expertise IBS Software stands at the forefront of travel industry innovation. I couldn’t be more excited to join IBS Software and help lead it through its next exciting chapter.” said Somit Goyal, who holds an electrical engineering degree from the Indian Institute of Technology (IIT) in New Delhi, India and an MBA from INSEAD, France.
Somit will report directly to IBS Software Executive Chairman V K Mathews.
ABOUT IBS SOFTWARE
IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software’s solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world.
Further information can be found at www.ibsplc.com Follow us: Blog | Twitter | LinkedIn | Facebook | Instagram
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