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Global E-Learning Market to Reach $457.8 Billion by 2026

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New York, July 13, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global E-Learning Industry” – https://www.reportlinker.com/p03646043/?utm_source=GNW
Over the years, e-Learning has become an important part of the modern education system. Since its introduction, e-Learning has found widespread applications in various sectors including IT, marine, retail, healthcare, telecommunications, and financial services. These sectors are utilizing E-Learning programs for training employees as well as for disseminating information. Few of the factors responsible for shaping growth of e-Learning in the academic and corporate environment include fast-paced advancements in Internet technology including high-speed internet access, bandwidth expansion, and launch of 5G networks; e-Learning service innovations; development new and potent e-Learning technologies; rapid penetration of smartphones and tablets and increase use of the same for education supported by digitalizing lifestyles of consumers; falling mobile data and fixed line internet tariffs and the ensuing robust rise in Internet users; growing wave of BYOD in enterprises and the resulting popularity of implementing corporate e-Learning and training via tablets and smartphones; and favorable government initiatives that support the use of technology in education.

Amid the COVID-19 crisis, the global market for E-Learning estimated at US$250.8 Billion in the year 2020, is projected to reach a revised size of US$457.8 Billion by 2026, growing at a CAGR of 10.3% over the analysis period. Academic, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$314 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Corporate segment is readjusted to a revised 10.6% CAGR for the next 7-year period. Ongoing content digitization efforts in academic sector, and rise in student enrollments for online courses on a part-time and full-time basis are helping support growth in the academic segment. Demand in the corporate segment is being driven by factors such as rise in demand for social learning tools such as Twitter, Facebook, and YouTube and developments in Web 2.0 technologies; increased adoption of integrated talent management solutions such as recruiting, performance and succession management, learning management and compensation management; declining costs of communication and technology; geographic dispersion of employees; and need to continuously develop technical skills and abilities and the need to train large number of employees to ensure greater economies of scale.

The U.S. Market is Estimated at $90 Billion in 2021, While China is Forecast to Reach $105.7 Billion by 2026

The E-Learning market in the U.S. is estimated at US$90 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$105.7 Billion by the year 2026 trailing a CAGR of 12.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR. The e-Learning market in developing regions is evolving into a dynamic growth sector as public universities, governments and local providers push into the market. There are several factors driving e-Learning market in developing countries, for instance e-Learning helps to decrease infrastructure costs and reduce expenditures e.g., cost on classroom space along with textbook purchase or rental leading to lesser education costs for people in developing nations. In addition, online learning eradicates logistics problems on account of weak public transport and poor road infrastructure in developing nations.
Select Competitors (Total 290 Featured)

  • Absorb Software Inc.
  • Adobe Systems Inc.
  • Aptara Inc.
  • Articulate Global, Inc.
  • bit media e-solution GmbH
  • Blackboard, Inc.
  • Cisco Systems, Inc.
  • Cornerstone OnDemand, Inc.
  • Coursera Inc.
  • D2L Corporation
  • edX Inc.
  • Fischer, Knoblauch & Co.
  • GetSmarter
  • Hewlett-Packard Development Company, L.P.
  • Hurix Systems Private Ltd.
  • Inspired eLearning, LLC.
  • International Business Machines Corporation
  • Intralearn Software Corporation
  • Macmillan Learning
  • McGraw-Hill
  • NYIF.com
  • Oracle Corporation
  • Pearson Education
  • Persona Learning
  • SAP SuccessFactors, Inc.
  • Skillsoft Limited

Read the full report: https://www.reportlinker.com/p03646043/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
EXHIBIT 1: Number of Students Impacted by COVID-19 in Select
Countries: June 2020
EXHIBIT 2: Number of Students Impacted by COVID-19: Feb2020-
Aug2020
School Closures Due to the Pandemic Prompt Boom in E-Learning
Web Conferencing Accelerates Move towards Location Agnostic
Interactive and Synchronous Learning in Education Sector
Video Conferencing Platforms Gain Traction in Remote Learning
During COVID-19
Google Augments Learning Management with Robust Solutions
e-Learning Brings in a New Transformation in Education Sector
Rapid Internet Penetration Catalyzes Broad Based Growth in the
Market
EXHIBIT 3: Internet Ubiquity, Speed & Bandwidth Explosion
Provides the Support Platform for the Proliferation of e-
Learning Services: Internet Users as % of Population by
Region for 2019 and 2024
Video Use in e-Learning Witnesses Robust Growth
EXHIBIT 4: Higher User Engagement with Short Videos as Compared
to Other Forms of Content Drives the Value of Creating Short
But Effective e-Learning Video Content: % Engagement Loss by
Video Length
Academic Sector Remains the Largest Market for e-Learning
Corporate & Government e-Learning: The Fastest Growing Segment
EXHIBIT 5: Global Average Per Capita Spending on Workplace
Training of Employees (In US$) for the Years 2012, 2014, 2018
and 2020E
RECENT MARKET ACTIVITY

2. FOCUS ON SELECT PLAYERS
Select Global Brands

3. MARKET TRENDS & DRIVERS
AR & VR Technologies Take e-Learning to the Next Level in
Efficiency Enhancement
Augmented Reality (AR) Makes e-Learning More Engaging, and
Interactive
Virtual Reality (VR) & Wearable Devices Contribute to Cost-
effective Online Learning & Training
Advances in Artificial Intelligence Drives Adaptive and
Personalized e-Learning
EXHIBIT 6: Commercialization of AI Technology Boosts Use of AI
in e-Learning: Global Market for Market in US$ Billion for
2018, 2020, 2022, and 2024
Companies Turn towards Learning Experience Platform (LXP)
Rise in User Generated Content
Technology Innovations Continue to Benefit Market Growth
Select Innovations and Advancements
Select e-Learning Products
Cloud: Growing Domain for e-Learning Application Development &
Delivery
Myriad Benefits of Cloud Drive Opportunities for Cloud as the
Future of e-Learning Infrastructure: Global Public Cloud
Services (In US$ Billion) for the Years 2018, 2022 and 2024
Big Data Analytics to Drive Personalized Learning Experiences
Role of Social Media in e-Learning Grows Stronger
Social and Collaborative Learning Picks up Momentum Among
Companies
EXHIBIT 7: Expanding Social Presence Continues to Play a
Central Role in the Integration of Social Networking with
Education: Global Number of Social Media Users (In Billion)
for the Years 2014, 2018 and 2022
Rapid e-Learning: A Viable Alternative to Conventional
Development Techniques
Supportive Government Policies Provide the Foundation for Growth
Emerging Economies Drive Growth in the Market
Web Conferencing Emerges as a Major Collaborative Tool in e-
Learning
EXHIBIT 8: Global Market for Web & Video Conferencing SaaS
Market (In US$ Billion) for the Years 2019, 2021 & 2023
Creation of a Personal Learning Environment (PLE), the Most
Rewarding Aspect of e-Learning
MOOCs: New Form of Online Training
LMS: A Key Contributor to e-Learning
Microlearning Gains Traction in Corporate eLearning
m-Learning Emerges to Revolutionize e-Learning
EXHIBIT 9: Worldwide Smartphone Sales (in Million Units) by
Geographic Region/Country for the Years 2018 & 2022
EXHIBIT 10: Smartphone Adoption Worldwide by Region (in %):
2018 & 2025
Apps Critical to the Growth of m-Learning
Development of HTML5
M-Learning VAS Offers Support Structure for m-Learning
Gamification of Learning, the Most Lucrative Way to Monetize e
-Learning
Shadow Education Emerges to Drive a Large Chunk of Growth in
the Academic/ Educational Sector
EXHIBIT 11: Global Market for Private Tutoring in US$ Billion
for the Years 2018, 2020, 2022 and 2024
Growing Student Population Benefits Growth of e-Learning in the
Academic Sector
EXHIBIT 12: Burgeoning World Student Population Expands the
Addressable Market Opportunity for e-Learning Technologies:
Student Population (In Million) in Select Countries Worldwide
for the Year 2019E
Academic e-Learning to Leverage the Growing Trend of BYOD in
Classrooms
EXHIBIT 13: e-Learning Rides the BYOD to School Wave, With
Smartphone Penetration Being the Highest in the 12+ Age Group
of Children & Teens: Smartphone Ownership by Age Group in the
U.S for the Year 2018
Proliferation of BYOD among Enterprises Opens New Avenues for
the Growth of Corporate m-Learning
EXHIBIT 14: Global Spending on BYOD (In US$ Billion) for the
Years 2017 & 2022
Key Challenges to Market Growth

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for E-Learning by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 2: World Historic Review for E-Learning by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2012 through 2019 and % CAGR

Table 3: World 15-Year Perspective for E-Learning by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets
for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Academic by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 5: World Historic Review for Academic by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2012 through 2019 and % CAGR

Table 6: World 15-Year Perspective for Academic by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2012, 2020 & 2027

Table 7: World Current & Future Analysis for Corporate &
Government by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR

Table 8: World Historic Review for Corporate & Government by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2012 through 2019 and
% CAGR

Table 9: World 15-Year Perspective for Corporate & Government
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Market Overview
E-Learning Gains Traction in the Era of COVID-19 Pandemic
Corporate e-Learning Market
Online Learning: Increasing Role in Higher Education
Self-Paced e-Learning Market
Strong Growth Characterizes PreK-12 & Higher Education
Virtual Schools & Homeschooling Drive Demand for e-Learning
Products
Table 10: USA Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 11: USA Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 12: USA 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and Corporate &
Government for the Years 2012, 2020 & 2027

CANADA
Market Overview
Modest Penetration of Online and Blended Learning
Table 13: Canada Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 14: Canada Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 15: Canada 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

JAPAN
e-Learning Market Continues to Gain Traction
Language e-Learning: Market Overview
Corporate & Government Sector to Exhibit Faster Growth
Table 16: Japan Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 17: Japan Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 18: Japan 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and Corporate &
Government for the Years 2012, 2020 & 2027

CHINA
Market Overview
COVID-19 Widens Opportunities for E-Learning in China
EXHIBIT 15: Number of Online Educational Users in China:
December 2016 – March 2020
Chinese EdTech Startups Benefit during the COVID-19 Crisis
Greater Demand for Online Tutoring Platforms and High Mobile
Internet Penetration Rates Drives Growth Opportunities in
China
Creating Localized e-Learning Content for China
Online Higher Education: On the Growth Curve
Corporate & Government e-Learning: A Promising Sector
Table 19: China Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 20: China Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 21: China 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and Corporate &
Government for the Years 2012, 2020 & 2027

EUROPE
Market Overview
COVID-19 Crisis Favors Growth in E-Learning Market
Table 22: Europe Current & Future Analysis for E-Learning by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Million for Years 2020 through 2027 and % CAGR

Table 23: Europe Historic Review for E-Learning by Geographic
Region – France, Germany, Italy, UK and Rest of Europe Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

Table 24: Europe 15-Year Perspective for E-Learning by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2012, 2020 & 2027

Table 25: Europe Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 26: Europe Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 27: Europe 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

FRANCE
Market Overview
Table 28: France Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 29: France Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 30: France 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

GERMANY
Table 31: Germany Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 32: Germany Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 33: Germany 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

ITALY
Table 34: Italy Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 35: Italy Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 36: Italy 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and Corporate &
Government for the Years 2012, 2020 & 2027

UNITED KINGDOM
Market Overview
Corporate/Government e-Learning on the Growth Curve
Table 37: UK Current & Future Analysis for E-Learning by
Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 38: UK Historic Review for E-Learning by Segment –
Academic and Corporate & Government Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2012 through
2019 and % CAGR

Table 39: UK 15-Year Perspective for E-Learning by Segment –
Percentage Breakdown of Value Sales for Academic and Corporate &
Government for the Years 2012, 2020 & 2027

REST OF EUROPE
Table 40: Rest of Europe Current & Future Analysis for
E-Learning by Segment – Academic and Corporate & Government –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 41: Rest of Europe Historic Review for E-Learning by
Segment – Academic and Corporate & Government Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

Table 42: Rest of Europe 15-Year Perspective for E-Learning by
Segment – Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

ASIA-PACIFIC
An Overview
The e-Learning Curve
Corporate e-Learning Holds Significant Growth Potential
Australia
Factors Driving Adoption of e-Learning Programs
e-Learning in Primary and Secondary Education (K-12)
e-Learning in Higher Education
Corporate & Government Training Programs
India
Government Initiatives to Spur Demand for e-Learning in India
COVID-19 Pandemic Spurs the Indian E-Learning Market in India
Pandemic Showcases Disparities in Access to Education in India
E-Learning Opportunities
E-Learning in Higher Education
Growing Significance of e-Learning in Corporate Sector
South Korea
Table 43: Asia-Pacific Current & Future Analysis for E-Learning
by Segment – Academic and Corporate & Government – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR

Table 44: Asia-Pacific Historic Review for E-Learning by
Segment – Academic and Corporate & Government Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

Table 45: Asia-Pacific 15-Year Perspective for E-Learning by
Segment – Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

REST OF WORLD
Latin America
Underdeveloped Traditional Education System Provides Greater
Growth Opportunities in Latin America
Brazil
Mexico
Middle East and Africa
Digitization Initiatives to Shape Growth in Africa
Kenya
Qatar
Saudi Arabia – Increasingly Focused on e-Learning
United Arab Emirates (UAE)
Table 46: Rest of World Current & Future Analysis for
E-Learning by Segment – Academic and Corporate & Government –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 47: Rest of World Historic Review for E-Learning by
Segment – Academic and Corporate & Government Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2012 through 2019 and % CAGR

Table 48: Rest of World 15-Year Perspective for E-Learning by
Segment – Percentage Breakdown of Value Sales for Academic and
Corporate & Government for the Years 2012, 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 290
Read the full report: https://www.reportlinker.com/p03646043/?utm_source=GNW

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Artificial Intelligence

INSPIRED BY A FIFTIES AUTOMOTIVE LEGEND: INTRODUCING AUTOMOBILI PININFARINA BATTISTA CINQUANTACINQUE

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inspired-by-a-fifties-automotive-legend:-introducing-automobili-pininfarina-battista-cinquantacinque

Battista Cinquantacinque bears the iconic Blu Savoia Gloss bodywork and contrasting Bianco Sestriere Gloss roof which is inspired by the original 1955 Lancia Florida show carCinquantacinque name, derived from the Italian word for 55, pays tribute to the iconic Pininfarina-designed classic carElegant Lancia Florida was a favourite of the man who penned the classic model and who gave his name to the fastest and most powerful Italian road car – Battista ‘Pinin’ FarinaOne-of-a-kind Battista Cinquantacinque pictured alongside one of only three Lancia Florida sedansAutomobili Pininfarina Design Team was inspired by the 1955 Lancia Florida when also creating the PURA Vision design concept, which sets the template for all future Automobili Pininfarina modelsAccompanying assets available to download hereCAMBIANO, Italy, May 8, 2024 /PRNewswire/ — Automobili Pininfarina has curated a unique Battista commission as a fitting tribute to the 1955 Lancia Florida – a vehicle designed and loved by Battista ‘Pinin’ Farina.

 
 
The Lancia Florida was penned by Battista ‘Pinin’ Farina in the early fifties. It was renowned as a rolling sculpture which inspired new design perspectives. Pinin’s personal Florida, which can be admired as part of the Pininfarina SpA Collection in Cambiano (Torino), was the daily driver of Carrozzeria Pininfarina’s founder throughout his career. The stunning Battista Cinquantacinque hyper GT pays homage to this unique heritage.
Its exterior is finished in a flawless Blu Savoia Gloss paint, contrasted by the Bianco Sestriere Gloss roof and completed by the elegant Brushed Anodised jewellery pack. Inside, it is upholstered in a bespoke Mahagoni (Poltrona Frau Heritage Leather). The livery and name Cinquantacinque, translating to ’55’ in Italian, elegantly honours the iconic, classic 1955 Lancia Florida, styled by Carrozzeria Pininfarina.
The Cinquantacinque model features a number of unique inscriptions that point to its heritage and provenance. The passenger door plate as well as the underside of the active rear wing both feature the ‘Cinquantacinque 55’ signature.
Each Battista is propelled by four independent electric motors and a powerful 120 kWh lithium-ion battery, delivering 1,900hp and 2,340Nm of torque. This advanced powertrain ensures thrilling performances, such as accelerating 0-100 kph in 1.86 seconds and 0-200 kph in 4.75 seconds, as well as a comfortable driving range of up to 476 km.
The Battista Cinquantacinque will make its public debut in Tokyo, Japan, when it is introduced to clients in the region, alongside retail partner, SKY GROUP, as part of Automobili Pininfarina’s continued global expansion.
Clients in the region will get to see Automobili Pininfarina’s promise of ‘Dream Cars. Made Real.’ first-hand, providing a personalised client experience and ensuring every hand-crafted vehicle to leave the Atelier facility in Cambiano destined for Japan is a unique expression of each client’s personality.
Dave Amantea, Chief Design Officer at Automobili Pininfarina, said: “This was a truly special and unique opportunity to design a car that plays homage to Pininfarina SpA’s heritage. The colour combination of the Battista Cinquantacinque is incredible and shows the vision Battista Farina had when he designed the Lancia Florida back in the early fifties. Not only that, but that very same model helped guide me when creating the PURA Vision design concept, a truly unique vehicle that sets the template for future models from Automobili Pininfarina.”
The Lancia Florida sedan not only inspired the Cinquantacinque Battista, but also some of the key design elements of the PURA Vision design concept, a vehicle which sets the template for all future Automobili Pininfarina models.
The 50s sedan has rear-opening doors and no B pillar, which directly translated to the Lounge Doors on the PURA Vision. They hinge dramatically upwards and, in combination with the pillarless opening and rear-hinged back doors, provide unrestricted access to the design concept’s spacious 2+2 seating.
Automobili Pininfarina stands at the vanguard of pure Italian luxury experience, with its bespoke curated approach allowing for precise tailoring to the specific preferences of individual clients. Each vehicle is a unique, hand-crafted masterpiece and a reflection of the client’s personality with inspiration from Automobili Pininfarina’s artisans.
FOR MORE INFORMATION, VISIT: automobili-pininfarina.com/media-hub
EDITOR’S NOTES
ABOUT AUTOMOBILI PININFARINA
Automobili Pininfarina is based in operational headquarters in Cambiano, Italy, with a commercial office in Munich, Germany, and resourced with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered and produced by hand in Italy, with a focus on designing experiences for the world’s foremost taste makers, all of Automobili Pininfarina’s vehicles embody the PURA design philosophy. This philosophy will also permeate all future production cars, seamlessly blending classic inspiration with cutting-edge technology.
THE AUTOMOBILI PININFARINA BATTISTA (LINK TO PRESS KIT)
The Battista is the most powerful car ever designed and built in Italy and it delivers a level of performance that is unachievable today in any road-legal sports car featuring internal combustion engine technology. Faster than a current Formula 1 race car in its 0-100 km/h sub-two second sprint, and with 1,900 hp and 2,340 Nm torque on tap, the Battista will combine extreme engineering and technology in a zero emissions package. The Battista’s 120 kWh battery provides power to four electric motors – one at each wheel – with a combined WLTP range of up to 476 km (U.S. combined EPA: 300 miles) on a single charge. No more than 150 examples of Battista will be individually hand-crafted at the Pininfarina SpA atelier in Cambiano, Italy.
Photo: https://mma.prnewswire.com/media/2406758/Battista_Cinquantacinque_and_1955_Lancia_Florida.jpgPhoto: https://mma.prnewswire.com/media/2406761/Battista_Cinquantacinque_1.jpgPhoto: https://mma.prnewswire.com/media/2406764/Battista_Cinquantacinque_2.jpgPhoto: https://mma.prnewswire.com/media/2406760/Battista_Cinquantacinque_Interior.jpgLogo: https://mma.prnewswire.com/media/1316779/Automobili_Pininfarina_Logo.jpg
 
 
 
 
 

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Artificial Intelligence

Exploring the Surge in Digital Infrastructure Spending Driven by Generative AI Innovations

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USA News Group Commentary Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, May 7, 2024 /PRNewswire/ — USA News Group – The rise of generative AI is currently adding considerable potential for accelerating economic growth across a wide array of sectors. In order to fully realize this potential, analysts at ING are highlighting how crucial investment in data and digital infrastructure will be moving forward. Citing estimates from Dell’Oro and Bank of America, ING has pointed out that investments from big tech companies in digital infrastructure is expected to grow between 15-22% this year alone. Another report from analysts at SNS Insider are projecting the AI Infrastructure Market to hit US$222.42 billion by 2030, growing at an explosive CAGR of 25.5%. Behind the scenes, developments in AI infrastructure are being made and provided by a variety of tech companies that include Avant Technologies Inc. (OTCQB: AVAI), Vertiv Holdings Co (NYSE: VRT), Equinix, Inc. (NASDAQ: EQIX), Innodata Inc. (NASDAQ: INOD), and Salesforce, Inc. (NYSE: CRM).

Earlier this year, Avant Technologies Inc. (OTCQB: AVAI) took a significant step in expanding the capabilities of its flagship AvantAI platform, reinforcing its position as one of the first companies to market generative AI. So far, this enhancement has focused on advancing its high-performance data center infrastructure to accommodate the latest developments in AI technology, including the launch of its state-of-the-art supercomputing network and comprehensive licensable data set. As per the launch, Avant’s platform works in collaboration with tech partners Wired4Health, which the company would later acquire and name its former CFO William Hisey as its new CEO.
“Avant’s supercomputing network and our expansive licensable dataset will facilitate significant advancements in AIdriven solutions,” said Danny Rittman, Chief Information Officer of Avant of the launch. “By providing robust computational resources and a rich dataset, Avant is set to eliminate many of the technical and financial barriers that have traditionally hampered AI development. This initiative aims to empower developers with the tools necessary to create more sophisticated and efficient AI models, driving progress and innovation in innumerable fields.”
Providing even more security for its prospective clients, Avant Technologies has also announced its plans to implement AI-empowered, Zero Trust Architecture (ZTA) across its data center operations. In AI-empowered data centers, Zero Trust Architecture ensures that all users and devices are continuously authenticated and verified before accessing network resources.
“By integrating AI with Zero Trust Architecture, we are creating a robust and future-proof security framework for our data centers,” said William Hisey, Avant’s  newly-appointed CEO. “This combined approach ensures the highest level of security for our customers’ data while optimizing data center operations for efficiency and cost-effectiveness. Avant is committed to providing innovative technology to help businesses optimize data center operations, improve resource utilization, and enhance security.”
Recently, Avant Technologies also expanded its AvantAI™ platform to include smart, proactive monitoring and management for data centers. AvantAI™ boosts data center efficiency through real-time monitoring and proactive management, helping to ensure systems operate continuously and perform optimally. It also uses extensive data analysis to predict and prevent potential issues and dynamically adjusts resources to enhance data traffic efficiency and responsiveness.
Working to further bolster the AI revolution, Vertiv Holdings Co (NYSE: VRT) saw 60% growth in organic orders of its critical digital infrastructure and continuity solutions in Q1 2024 compared to the same time period the year prior, along with 8% higher net sales.
As well, Vertiv saw a 42% increase in its adjusted operating profit to $249 million, compared to Q1 2024, as the company pointed towards continued acceleration in the data center market, including the deployment of high-performance compute, and increased velocity in its opportunity pipeline to orders.
“We are seeing order patterns with longer lead times based on customer build schedules, largely in 2025 and beyond, suggesting AI is starting to scale,” said Giordano Albertazzi, CEO of Vertiv. “We are continuing to advance our portfolio to enable high-density and GPU based deployments. With our global capacity, the most complete portfolio of critical digital infrastructure solutions across the entire thermal and power technology spectrum, vast global service network and alignment with key technology partners, Vertiv is uniquely positioned and ready to bring scale and support development of the entire AI ecosystem.”
Digital infrastructure company Equinix, Inc. (NASDAQ: EQIX) recently announced a joint venture with PGIM Real Estate for a $600 million project to develop and operate the first xScale data center in the US, located in California’s Silicon Valley. Together, Equinix and PGIM had already successfully opened the first xScale data center in Australia in 2022, after a similar US$575 million JV was announced in 2021.
Under the terms of the agreement, PGIM Real Estate will control an 80% equity interest in the JV, while Equinix will own the remaining 20% equity interest. Equinix xScale data centers allow hyperscale companies to expand their core deployments within Equinix IBX data centers. This setup supports growth across more than 70 global metros on a unified platform that facilitates direct interconnections with over 10,000 customers.
The new joint venture, alongside Equinix’s existing hyperscale collaborations in Europe, Asia-Pacific, and the Americas, will enhance the global xScale data center portfolio. Once fully constructed, this expansion will exceed $8 billion across more than 35 facilities, providing over 725 megawatts of power capacity.
Building upon the confidence of one of its existing “Magnificent Seven” Big Tech customers, Innodata Inc. (NASDAQ: INOD) recently announced it has been awarded three new large language model (LLM) development programs, totaling approximately $20 million of additional annualized run rate revenue. Before these new awards, the annualized run rate revenue from the customer was about $23 million. Innodata anticipates signing an amendment to its agreement with this customer that will reflect these awards within the next few weeks. Work on the newly awarded programs has already started by Innodata.
“We are very excited to announce this significant expansion,” saidJack Abuhoff, CEO of Innodata. “Moreover, we anticipate potential opportunities for further expansion in 2024. The customer continues to express how our high-quality, large-scale, custom data results in superior fine-tuning of their LLMs and that their AI engineering teams greatly value the Innodata partnership.”
Innodata provides large technology companies with scaled data services for refining LLMs and offers LLM evaluation services. By the end of 2023, Innodata had secured five of the top seven major tech firms as clients for its LLM services.
With its own array of big tech allies, Salesforce, Inc. (NYSE: CRM) recently unveiled its Zero Copy Partner Network, a global ecosystem of technology and solution providers building secure, bidirectional zero copy integrations with Salesforce Data Cloud which integrates both structured and unstructured customer data into a comprehensive 360-degree view accessible within Salesforce itself. This integration enables teams to make informed decisions directly within their workflow.
“In today’s digital landscape, companies struggle with islands of data spread across various systems,” said Brian Millham, President and Chief Operating Officer at Salesforce. “With this global ecosystem of partners, companies can access all of their data, no matter where it resides, and unlock the power of all of that data within Salesforce — creating more personalized customer interactions and establishing a foundation for trusted AI, in less time and at lower cost.”
The network will feature a list of initial partners that will include such big names as Amazon Web Services (AWS), Databricks, Google Cloud, and Snowflake, while also adding Microsoft. Together, the network partners are all committed to zero copy integrations with Salesforce that give customers a secure and cost-effective way to connect and take action on all of their data.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/ 
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Artificial Intelligence

nodeQ Launches PQtunnel™: The Leading-Edge Cybersecurity Solution for Quantum-Safe Communication

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nodeq-launches-pqtunnel™:-the-leading-edge-cybersecurity-solution-for-quantum-safe-communication

The latest application developed by nodeQ simplifies the migration to Post-Quantum Cryptography for both SMEs and large enterprises
YORK, England, May 7, 2024 /PRNewswire/ — The advent of Quantum Computing poses a significant threat to existing public-key cryptosystems. A large quantum computer can break algorithms like RSA or ECDH, which form the backbone of current internet security. Already today, confidential data is in danger: It can be harvested now to be decrypted later when a quantum computer can run Shor’s factorization quantum algorithm on a sufficiently large number of qubits.

This vulnerability exposes a large number of applications to potential security breaches, threatening our trillion-dollar digital economy. Multiple sectors are under threat: Financial Institutions, government entities, telecommunications companies, cloud providers, the healthcare industry, the defense sector, universities and research centers, and virtually any IT-based enterprise that relies on encrypted data.
Companies must transition IT infrastructures to quantum-resistant solutions, such as Post-Quantum Cryptography (PQC). In the US the transition to PQC is set to start in 2024, as a result of Biden’s 2022 Computing Cybersecurity Preparedness Act and the end of NIST standardization.
nodeQ has developed PQtunnel™, a groundbreaking tool designed to assist businesses – ranging from SMEs to large enterprises – in transitioning their end-to-end (E2E) secure communication to PQC. This innovative software application is available in two variants: PQtunnel™ TLS and PQtunnel™ SSH, meeting diverse business requirements.
PQtunnel™ TLS is an enterprise-oriented tunneling application that leverages the Transport Layer Security (TLS) protocol to secure traffic between a client (or a proxy) and the target application. This solution has been thoroughly tested on various enterprise-grade applications, such as GitLab EE, demonstrating its effectiveness and reliability.
On the other hand, PQtunnel™ SSH offers a comprehensive Quantum-Safe SSH server, alongside a client equipped with a user-friendly interface. This software suite is designed for secure shell operations, ensuring the highest level of security and ease of use.
Both PQtunnel™ variants utilize a wide range of PQC algorithms, including the most recent ones under standardization by NIST, and hybrid algorithms. This approach combines the stability of current cryptographic methods with the quantum-safeness of new cryptographic suites, offering unmatched security against emerging cyber threats.
Developed as cloud-native applications, both variants of PQtunnel™ are designed to facilitate easy distribution and provide flexibility in a wide range of scenarios. Secure Post-Quantum tunneling to your GitLab server, quantum-safe data transfer, secure cloud IT management, and PQC benchmarking are just a few of the use cases where PQtunnel™ can be applied, showcasing its versatility and significance for today’s cybersecurity landscape.
Ignazio Pedone, the cybersecurity lead at nodeQ, emphasized the significance of their latest security product, stating, “This security product represents an important step towards a more effective and robust application of quantum-safe cryptography for enterprises.”
Various early customers have already adopted PQtunnel™ to test their readiness to migrate to quantum-safe cryptography. PQC is going to play an important role for telecom operators.
“At Fibraweb, PQtunnel demonstrated our readiness for quantum-security migration,” says Walid Bounassif, CEO of Fibraweb (an Italian telco). “The software created quantum-resistant connections between external clients and our internal servers, showing that post-quantum encrypted communication can efficiently be implemented for remote IT administration and secure file transfer.”
PQC is essential for medium to large enterprises, including educational institutions like universities, where maintaining data confidentiality at various levels is crucial. At the University of York (UK), PQtunnel™ has been deployed for the quantum-safe transfer of documents. This pioneering demonstration, the first of its kind in the world within the education sector, actively involved staff and students from the Department of Computer Science.
“PQtunnel has effectively established high-speed, quantum-resistant connections both within and beyond the campus perimeter,” says Prof Paul Cairns (Head of the Computer Science Department at the University of York, UK). “This technology has clearly demonstrated its capacity for facilitating quantum-secure data transfers, affirming its readiness to enhance our university’s digital infrastructure.”
For additional information about PQtunnel™, nodeQ, and their range of products, the reader can visit their website at www.nodequantum.com.
 Key Features

Crypto-Agility: implements all NIST PQC algorithms to counteract the quantum threat.
Cross-Platform: available for the most adopted operating systems and hardware architectures.
Easy Setup: no need for long or complex installation procedures to get started.
On-the-Fly Benchmarking and Optimization: can benchmark and optimize high-level security protocols against all the available combinations of PQC algorithms for key exchange and digital signature.

Target Customers

Financial Institutions
Telecommunications Companies
Universities and Research Centers
Cloud Providers
Healthcare Industry
Government Entities
Defense Sector
Manufacturing Companies
SMEs handling confidential data

About nodeQ
At nodeQ, we are pioneering the future of computer networks, leveraging our deep expertise in quantum communication, artificial intelligence, and software-defined networking. Our primary objective is to transition computer networks to quantum security, placing a critical emphasis on maintaining speed, performance, and usability at the heart of this transformation.
Contacts
Stefano Pirandola
[email protected]
Request a demo or a brochure at [email protected] or visit www.nodequantum.com.
Photo – https://mma.prnewswire.com/media/2406722/PQtunnel_Graphics.jpg
View original content:https://www.prnewswire.co.uk/news-releases/nodeq-launches-pqtunneltm-the-leading-edge-cybersecurity-solution-for-quantum-safe-communication-302138586.html

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