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Artificial Intelligence

Europe Water Pump Market Report 2021-2030: Integration of Artificial Intelligence in Operational Processes & Consumers’ Shift Toward Chinese Manufacturers

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Dublin, Nov. 30, 2021 (GLOBE NEWSWIRE) — The “Europe Water Pump Market Research Report: By Type, Operation, Application – Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

From $707.2 million in 2020, the European water pump market value is expected to rise at a CAGR of 1.8% during 2020-2030 and reach $848.3 million by 2030.

The key growth driving factor for the market are:

Rapid Urbanization

As per the World Bank, the urban population of the European Union (EU) rose from 322 million in 2010 to 335 million in 2020. Additionally, the organization reports that the share of the urban population in the total population of Europe surged from 73.9% in 2015 to 74.9% in 2020.

This is credited to the fact that people are constantly moving to urban areas from rural places in search of jobs and a better standard of living. Moreover, the governments of many European countries are focusing on infrastructure development, which is propelling the growth of the European water pump market.

Depleting Groundwater Level

Climate change has caused the rapid depletion of the groundwater level. As per a report published by the National Aeronautics and Space Administration (NASA), Europe witnessed its warmest winter in 2019-2020. Moreover, as per the Copernicus Climate Change Service (C3S), Europe witnessed the start of a meteorological drought condition in early 2020, in the spring, which led to drier weather than normal during the months of April and May.

The COVID-19 pandemic has negatively impacted the European water pump market. This is ascribed to the fact that the lockdowns in many countries caused disruptions in the supply chain and affected the distribution and assembly of domestic pumps.

Additionally, owing to the shortage of funds, organizations are focusing much on research and development (R&D). Furthermore, there are many small players who are operating on low profit margins. However, with the lifting of the lockdowns, the situation is predicted to change, and the sales of water pumps are expected to rise in the coming years.

The centrifugal category dominated the European water pump market, under the type segment, in the past. These pumps find extensive usage due to their ability to operate with high efficiency while pumping low-viscosity fluids, such as water, and their low costs. Furthermore, the availability of centrifugal pumps in various shapes and sizes provides end users with the flexibility to buy as per their needs.

The water supply category is predicted to exhibit the higher growth rate in the European water pump market in the coming years, within the operation segment. This is ascribed to the wide application area of water supply pumps, including rainwater harvesting and groundwater intake.

Germany contributed the highest revenue to the European water pump market in the past owing to the existence of stringent wastewater treatment policies in the country that mandate the usage of such machines even at domestic sewage treatment plants.

In addition, the government requirement for reducing the pumps’ power consumption is predicted to propel the sales of energy-efficient variants in the country in the coming years.

The leading players in the European water pump market are

  • Grundfos Holding A/S
  • Xylem Inc.
  • Wilo SE
  • KSB SE & Co. KGaA
  • Ebara Corporation
  • Sulzer Ltd.
  • DAB PUMPS S.p.A.
  • Patterson Pump Company
  • S.A. Armstrong Limited
  • Pedrollo S.p.A
  • Metabowerke GmbH
  • GARDENA GmbH

Market Dynamics

Trends

  • Integration of artificial intelligence in operational processes
  • Consumers’ shift toward Chinese manufacturers

Drivers

  • Rapid urbanization
  • Depletion of groundwater level
  • High consumer spending
  • Impact Analysis of Drivers on Market Forecast

Restraints

  • High maintenance and operational costs
  • Impact Analysis of Restraints on Market Forecast

Impact of COVID-19

Value Chain Analysis

  • Raw materials
  • Manufacturers
  • Distribution Channels
  • End Users

Porter’s Five Forces Analysis

For more information about this report visit https://www.researchandmarkets.com/r/hxqqp3


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Artificial Intelligence

Compact Solutions, Mighty Results: Cervoz Unleashes the Power of Edge Computing

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TAIPEI, May 20, 2024 /PRNewswire/ — Cervoz Technology, a leader in industrial-grade storage, memory, and expansion solutions, is powering the evolution of edge computing with its innovative solutions.

In today’s data-rich landscape, businesses rely on insights from IoT devices. With advancements in AI and 5G, data volumes surge, straining traditional cloud computing with bandwidth and latency issues. Edge Computing emerges as a solution, processing data at its source for real-time insights crucial for applications like digital twins, autonomous vehicles, and smart healthcare.
What is Edge Computing?
Edge Computing is a decentralized IT architecture that processes data near its origin, often at the network’s edge. This approach divides tasks from central data centers to edge devices and nodes. It enables faster, deeper insights and enhances responsiveness, improving speed and reducing latency compared to centralized clouds. Typically, an Edge Computing system comprises three layers: device, edge, and cloud.
The Device Layer
The device layer, situated closest to the physical world, comprises endpoint devices such as sensors, controllers, and cameras, among others. The layer prioritizes data collection and initial processing for real-time response and efficiency. It requires highly reliable, compact, and energy-efficient components. Cervoz’s M.2 2230 (A+E key /B+M key) NVMe SSDs and DDR4 SO-DIMM modules optimize this setup with fast data access and efficient storage in space-saving designs. They operate reliably across a wide temperature range (-40°C to 85°C) and feature additional conformal coating and anti-vibration filling for enhanced performance in harsh environments.
The Edge Layer
The edge layer, composed of edge servers and gateways, serves as a crucial link between device-layer data sources and cloud-based operations. It is designed for extensive data handling, filtering, and analytics, emphasizing quick operations and real-time responses to minimize reliance on remote data centers. For optimal performance, components must manage high processing loads with minimal latency and maximum stability. NVMe SSDs boasting PCIe Gen3 or higher, such as the Cervoz NVMe PCIe Gen3x4 SSD, with compact M.2 form factors, advanced DRAM cache buffer, and LDPC ECC technology, are perfectly suited for the edge layer. These SSDs enable efficient directory and error correction during high-speed data transfers, thus enhancing data accuracy and reliability.
The Cloud Layer
The cloud layer requires intensive processing and long-term storage, performing analytics, operating AI and machine learning, and managing extensive data systems across various edge locations. It demands high-performing and reliable components. Cervoz NVMe PCIe Gen4x4 SSDs excel with Read/Write speeds of up to 7,100/6,190 MB/s and 4K random IOPS up to 1,000K, with aluminum heatsinks and thermal throttling for overheating issues. DDR5-5600 DRAM boosts this setup with high data throughput and efficient power use, satisfying rigorous computational needs.
Interlayer Connectivity
Reliable, low-latency network connectivity is crucial as data flows between the device layer, edge, and cloud. Cervoz 10GbE Low-Profile Ethernet Card provides high-speed, stable wired connections in high-bandwidth, low-latency environments. Additionally, the new PCIe Compact Low-Profile Ethernet Card is ideal for narrow edge device enclosures. For areas where wiring is impractical, M.2 Wi-Fi cards offer essential wireless flexibility. These connectivity options ensure a solid foundation for seamless data management across all layers.
Cervoz offers comprehensive solutions to enhance edge computing capabilities. From compact NVMe SSDs and DRAM modules, to advanced modular expansion cards, enabling seamless integration, optimized performance, and unmatched reliability in edge computing deployments.
About Cervoz
Based in Taiwan, Cervoz Technology boasts almost twenty years of expertise in developing and providing industrial-grade storage, memory, and expansion solutions across a myriad of global industrial sectors.
ContactsSales: [email protected] 
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Artificial Intelligence

Team Exponentia.ai UK attended the AWS summit in London

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Team Exponentia.ai UK celebrates Sanjay Kumar’s insightful session at the AWS summit in London
LONDON, May 20, 2024 /PRNewswire/ — Sanjay Kumar, Head of Exponentia.ai in UK & Europe, delivered an impactful presentation on Driving Manufacturing Innovation through AWS Analytics & AI. The recently concluded AWS Summit took place on the 24th of April in ExCeL, London.

Sanjay shared the stage at Theatre B with Adrian Pinder from DS Smith and Ahmed Raafat from AWS, captivating the audience with insights and experiences from Exponentia.ai’s collaboration with DS Smith.
During the session, Sanjay Kumar highlighted Exponentia.ai’s impressive use cases and case studies, including the Data Factory and Procurement Spend Analytics (PSA) projects undertaken in partnership with DS Smith. These initiatives demonstrated Exponentia.ai’s commitment to leveraging the AWS ecosystem to drive operational efficiency and business growth in the manufacturing sector.
The Exponentia.ai team seized the opportunity to engage with industry peers, partners, and friends, while also exploring the latest innovations showcased at the summit. Their participation in various sessions and visits to innovative booths further enriched their understanding of industry trends and best practices.
Reflecting on the event, Sanjay Kumar expressed his enthusiasm, stating, “The AWS Summit in London provided an excellent platform for us to showcase our expertise in manufacturing analytics and AI. The overwhelming response from attendees reaffirms the value of our solutions in driving innovation and transformation across industries and our commitment to deliver value to our customers through data. We look forward to continuing our collaboration with AWS and our partners to deliver impactful outcomes for our clients.”
The AWS Summit London 2024 marked a significant milestone for Exponentia.ai, reinstating its commitment to excellence and innovation in the field of AI and analytics. As the team eagerly anticipates future events, they remain dedicated to empowering businesses with transformative technology solutions.
For more information about Exponentia.ai and its innovative offerings, please visit www.exponentia.ai. 
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Artificial Intelligence

Clarivate Launches AI-Enhanced Solution to Accelerate Trademark Watching

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Providing faster and more accurate answers to critical business questions
LONDON, May 20, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, launched the first publicly available version of Trademark Watch Analyzer today at the 2024 International Trademark Association Annual Meeting. As the next-generation trademark protection solution enhanced by artificial intelligence (AI) and cloud technology, this solution combines Clarivate global trademark and case law data, in-house IP expertise, and cutting-edge AI technology. It will provide faster and more accurate answers to critical business questions by automating key trademark watching tasks and intelligently prioritizing result sets.

Trademark Watch Analyzer connects users to trademark datasets in 258 countries and territories across 191 official trademark registers, as well as data from 7+ million trademark litigation cases. This content is harmonized and connected through AI algorithms which query, connect and mine both datasets delivering advanced insights in supported watch products. This revolutionizes the way trademark watch results are delivered, so that clients can rank results based on their chance of success/opposition.
According to data from SAEGIS®, a CompuMark™ trademark solution from Clarivate, the number of trademark applications filed globally each year has more than doubled since 2014. With over one million new trademarks added to trademark registers around the world each month, the risk of infringement has never been greater, making vigilance of trademark applications essential to protect and grow strong brands.
Gordon Samson, President, Intellectual Property, Clarivate, said: “As the global business landscape grows more complex, trademark professionals are faced with challenges including more data, less context and shorter deadlines. Our advanced AI-driven solution enables clients to confidently monitor their trademarks anywhere in the world, with global monitoring and automated alerts, while also saving time, costs and critical resources. The launch of the Trademark Watch Analyzer is the latest example of our Think forward™ promise — connecting clients to trusted intelligence to ensure an IP-empowered tomorrow.”
With a more intuitive design and user interface, Trademark Watch Analyzer will enable clients to have a much-improved user experience as they work with their results. The navigation will be based on the same architecture as the Brand Landscape Analyzer launched in 2023, providing clients with a more cohesive experience within the Clarivate product suite.
Find out more about Trademark Watch Analyzer here.
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact: Jack Wan, External Communications Director [email protected]
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