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Artificial Intelligence

Global Automation Testing Market (2021 to 2026) – Increasing Adoption of Mobile and Web-Based Applications Presents Opportunities

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Dublin, Jan. 04, 2022 (GLOBE NEWSWIRE) — The “Automation Testing Market by Component (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Organization Size, Vertical, and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global automation testing market is expected to grow from USD 20.7 billion in 2021 to USD 49.9 billion by 2026, at a CAGR of 19.2% during the forecast period.

By Component, the services to record a larger market share during the forecast period

In the Automation Testing Market by Component, the services segment is expected to record a larger market share during the forecast period. Services are offered under seven types: advisory and consulting, planning and development, support and maintenance, documentation and training, implementation, management, and other services. The other services consist of ROI analysis, framework, service virtualization, and assessment services. These services enhance enterprises’ SDLC. The advisory and consulting services help to enhance automated testing tools and infrastructure across the product delivery life cycle. Automation testing services are largely offered to the developers, end-users, and organizations. Managed services help enterprises to outsource the responsibility for maintaining and anticipating the need of processes and functions to improve operations and reduce expenses.

By Dynamic Testing, the functional testing segment to grow at the higher CAGR during the forecast period

In the Automation Testing market by Dynamic Testing, the functional testing segment is expected to grow at a higher CAGR during the forecast period. Functional testing is executed to check that all the software features meet the functional specifications, and it is performed by executing the functional test cases. Functional testing provides input, verifies the output, and compares the actual and expected results. The main aim of functional testing is to make sure that a system works as intended by validating the results. Functional testing is a type of black-box testing. There are mainly two techniques used to perform functionality testing, namely, based on requirements and based on business scenarios. In testing based on requirements, all the functional requirements are considered as a base for conducting the tests. Whereas in testing based on business scenario information about how the system will be perceived from a business process perspective is considered to perform the tests.

By Verticals, the BFSI segment to hold the larger market size during the forecast period

By Verticals, BFSI is expected to hold the larger market size. BFSI is the banking, financial services, and insurance sector. It represents a major portion of the world economy comprising all Banking, Insurance, and Non-Banking Financial Institutions. The latter is known as the NBFCs. The BFSI industry largely refers to financial service firms such as Broking and Asset Management. The digital transformation efforts in the vertical are particularly focused on improvising customer experience, which can be further catered through automation of QA and testing. Several organizations are experimenting with analytics, AI, and ML to optimize the automation of QA and test activities. The need to automate redundant tasks and give control to the end customers is expected to drive the market over the next few years. The major focus is on quick automation, auto decisioning, data security, instant scalability. The recent trends of Robotic Process Automation (RPA), AI, and ML, and their use in software testing drive the demand for automation testing.

By Region, Asia Pacific to grow at the highest CAGR during the forecast period

Asia Pacific is expected to grow at the highest CAGR in the global automation testing market during the forecast period. APAC is the most promising region as it has major economies, such as Australia, Japan, Singapore, China, New Zealand, and Hong Kong, which offer significant growth opportunities for automation testing vendors. This region comprises major economies like India, and China which has a very large customer base.

The governments are taking initiatives for rapid adoption of new technologies like AI and ML, automation, IoT, mobile and web-based applications, cloud-based services, and other technologies. Due to the adoption of remote work culture by organizations, there is an ever-increasing need for cloud-based solutions and IoT devices to minimize the effect of the ongoing COVID-19 pandemic, which is expected to drive the growth of the automation testing market in the region. The increasing government initiatives, growing requirements for quick computing, virtualized environments, analytics, security, digitalization, and high-volume networking, and rising overall internet speed and responsiveness are the major factors driving the automation testing market growth in this region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Global Automation Testing Market
4.2 Market Share, by Component
4.3 Market Share, by Endpoint Interface
4.4 Market Share, by Vertical
4.5 Market Investment Scenario (2021-2026)

5 Market Overview and Industry Trends
5.1 Market Overview
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rapid Adoption for Advanced Technologies
5.2.1.2 Scalable and Adaptable Delivery Models
5.2.2 Restraints
5.2.2.1 Stringent Government Rules and Regulations
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Mobile and Web-Based Applications
5.2.4 Challenges
5.2.4.1 Data Security Concerns
5.2.4.2 Lack of Skilled Professionals
5.2.5 COVID-19 Impact on Market Dynamics
5.2.6 Cumulative Growth Analysis
5.2.6.1 Drivers and Opportunities
5.2.6.2 Restraints and Challenges
5.2.6.3 Cumulative Growth Impact
5.3 Regulatory Landscape
5.4 Use Cases
5.5 Value Chain Analysis
5.6 Ecosystem
5.7 Pricing Analysis
5.8 Technology Analysis
5.8.1 Artificial Intelligence AI)
5.8.2 Internet of Things (IoT)
5.8.3 Big Data Analytics
5.9 Patent Analysis
5.10 Trends and Disruptions Impacting Buyer’S
5.11 Porter’S Five Forces Analysis
5.11.1 Threat of New Entrants
5.11.2 Threat of Substitutes
5.11.3 Bargaining Power of Buyers
5.11.4 Bargaining Power of Suppliers
5.11.5 Competitive Rivalry

6 Automation Testing Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.1.2 Component: COVID-19 Impact
6.2 Testing Type
6.3 Services

7 Automation Testing Market, by Testing Type
7.1 Introduction
7.1.1 Testing Type: Market Drivers
7.1.2 Testing Type: COVID-19 Impact
7.2 Static Testing
7.3 Dynamic Testing

8 Automation Testing Market, by Dynamic Testing
8.1 Introduction
8.1.1 Dynamic Testing: Market Drivers
8.1.2 Dynamic Testing: COVID-19 Impact
8.2 Functional Testing
8.3 Non-Functional Testing
8.4 Application Programming Interface Testing
8.5 Security Testing
8.6 Performance Testing
8.7 Compatibility Testing
8.8 Compliance Testing
8.9 Usability Testing

9 Automation Testing Market, by Service
9.1 Introduction
9.1.1 Service: Market Drivers
9.1.2 Service: COVID-19 Impact
9.2 Advisory and Consulting Services
9.3 Planning and Development Services
9.3.1 Support and Maintenance
9.3.2 Documentation and Training
9.3.3 Implementation
9.3.4 Managed Services
9.3.5 Others

10 Automation Testing Market, by Endpoint Interface
10.1 Introduction
10.1.1 Endpoint Interface: Market Drivers
10.1.2 Endpoint Interface: COVID-19 Impact
10.2 Mobile
10.3 Web
10.4 Desktop
10.5 Embedded Software

11 Automation Testing Market, by Organization Size
11.1 Introduction
11.1.1 Organization Size: Market Drivers
11.1.2 Organization Size: COVID-19 Impact
11.2 Small and Medium-Sized Enterprises
11.3 Large Enterprises

12 Automation Testing Market, by Vertical
12.1 Introduction
12.1.1 Vertical: Market Drivers
12.1.2 Vertical: COVID-19 Impact
12.2 Banking, Financial Services, and Insurance
12.3 Automotive
12.4 Defense and Aerospace
12.5 Healthcare and Lifesciences
12.6 Retail
12.7 Telecom and It
12.8 Manufacturing
12.9 Logistics and Transportation
12.10 Energy and Utilities
12.11 Media and Entertainment
12.12 Other Verticals

13 Automation Testing Market, by Region

14 Competitive Landscape
14.1 Overview
14.2 Market Structure
14.3 Historical Revenue Analysis
14.4 Market Evaluation Framework
14.5 Revenue Analysis of Leading Players
14.6 Ranking of Key Players
14.7 Company Evaluation Matrix
14.7.1 Company Evaluation Matrix Methodology and Definitions
14.7.2 Star
14.7.3 Emerging Leader
14.7.4 Pervasive
14.7.5 Participant
14.8 Product Portfolio Analysis of Major Players
14.9 Competitive Scenario
14.9.1 New Service/Product Launches
14.9.2 Deals
14.10 Startup/SME Evaluation Matrix
14.10.1 Progressive Companies
14.10.2 Responsive Companies
14.10.3 Dynamic Companies
14.10.4 Starting Blocks

15 Company Profiles
15.1 Major Players
15.1.1 IBM
15.1.2 Accenture
15.1.3 Micro FocUS
15.1.4 Capgemini
15.1.5 Microsoft
15.1.6 Broadcom
15.1.7 Tricentis
15.1.8 Smartbear
15.1.9 Parasoft
15.1.10 Cigniti Technologies
15.1.11 Keysight Technologies
15.1.12 Sauce Labs
15.2 Other Players
15.2.1 Ranorex
15.2.2 Applitools
15.2.3 Afour Technologies
15.2.4 Invensis
15.2.5 Qa Mentor
15.2.6 Testim.Io
15.2.7 Codoid
15.2.8 Mobisoft Infotech
15.2.9 Infostretch
15.2.10 Thinksys
15.2.11 Astegic
15.2.12 Cygnet Infotech
15.2.13 Qualitykiosk Technologies
15.2.14 Qasource
15.2.15 Froglogic
15.2.16 Worksoft
15.2.17 Prodperfect

16 Adjacent Markets

17 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/254hgc


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Artificial Intelligence

Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product

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TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families. 

Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks. Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.Password Manager: Creates and manages strong passwords and assists with their use.Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems.   The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance 
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected] 

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Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct

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ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.

The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity.   The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities.  To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.   
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress.  The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”).  With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region.  Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy

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GEEKOM A8 AI PC is now available for €799 and up.

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TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.

The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
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