Artificial Intelligence
Global Emission Management Software Market By Component, By Industry, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027
New York, Jan. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Emission Management Software Market By Component, By Industry, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06222243/?utm_source=GNW
This software consists of the provision of functionality needed for industrial operations and for corporate demands like environmental reporting or KPI (Key Performance Indicator) supervising. Emission management software combines processes and people across various industrial units, which would substantially contribute to risk mitigation.
The major functions of the emission management software are managing compliance with legal permits & regulations that implement critical operational boundaries and financial risks for industrial & non-industrial operation sites.
In addition, the ability of the solution to evaluate emissions prediction scenarios helps in making this software a tool for all kinds of planning and strategic decision items on an operational and corporate level, which would attract more companies for its usage.
By using emission management software, enterprises can reduce the chances of human error, carry out efficient situation analysis, report and decrease the GHG (Green House Gases) emissions at all levels.
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic has impacted numerous segments of the business domain. The imposition of numerous regulations to curb the spread of the virus like partial or complete lockdown, ban on traveling across borders, and temporary band on manufacturing units has negatively impacted the demand and growth of the emission management software market.
Such aspects have restricted the adoption of the emission management software and thus, declined the demand and growth of the emission management software market. The shutdown of the manufacturing units across different business segments has resulted in the slowdown of the demand and growth of the emission management software market.
Market Growth Factors
Efficient management and monitoring capabilities of emission management software
By using advanced emission management software, companies and manufacturing units can monitor their greenhouse and carbon emissions precisely and in real-time legacy emission management. In addition, this software can make it easier for the management to look after the emission stages in real-time as per the government compliances.
The growing popularity of sustainable development
The rising popularity of sustainable development among governments would increase their emphasis on the sustainable development of the region. According to a study published by International Energy Agency (IEA), about 31.5 Giga tons CO2 was generated across the world during the year 2020. This huge number of emissions would increase the concerns of the authorities and thus, fuel the demand and growth of the emission management software market over the forecast period
Market Restraining Factors
High cost of management and implementation
The initial cost of deployment of emission management software is relatively high since this software is made to support all the possible processes related to emissions in the large-scale industries. In addition, there are several companies that are finding it difficult to implement this software due to the lack of proper infrastructure used to maintain and efficiently operate this software for better operational productivity.
Component Outlook
On the basis of component, the emission management software market is segmented into software and services. In 2020, the software segment acquired the largest share in the emission management software market and is anticipated to continue this trend over the forecast period. The emission management software helps in constant reporting, logging, and evaluation of emissions data, which make sure the fulfillment of compliance with permits & standards.
Industry Outlook
By industry, the emission management software market is fragmented into manufacturing, IT and telecom, government sector, energy & power, and others. The manufacturing segment procured the highest share in the emission management software market in 2020 and is estimated to continue this dominance over the forecast period. The manufacturing sector is one of the major users of emission management software as this sector heavily contributes to the overall emissions in the environment. Manufacturing facilities are more liable for various environmental regulations and standards.
Regional Outlook
Region-wise, the emission management software market is analyzed across North America, Europe, Asia Pacific, and LAMEA. North America is estimated to garner a prominent share in the emission management software market during the forecast period. It is owing to the swift digital transformation and growing adoption of cloud-based emissions management by different industries. In addition, the growing demand for clean and renewable energy in various developed nations like the US and Canada is augmenting the demand for emission management software across the region.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Accenture PLC, SAP SE and IBM Corporation are the forerunners in the Emission Management Software Market. Companies such as Cority Software, Inc., Broadcom, Inc., Fortive Corporation are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Accenture PLC, Broadcom, Inc. (CA Technologies, Inc.), NortonLifeLock, Inc., Fortive Corporation, Greenstone plus, Cority Software, Inc. (Thoma Bravo), and Foresite Systems.
Recent strategies deployed in Emission Management Software Market
Partnerships, Collaborations and Agreements:
Nov-2021: Accenture came into a partnership with Envision Group, a leading digital energy company. This partnership aimed to assist customers to move towards net-zero. Together, the companies aimed to offer new digital technologies, service capabilities, industry experience, and a global network to assist companies more rapidly and effectively gain their net-zero targets.
Sep-2021: Accenture joined hands with Mastercard, an American multinational financial services corporation. This collaboration aimed to assess Accenture’s supplier landscape and provide Sustainability Cloud,?a platform that offers advanced capabilities to track, evaluate and take action on supplier-level carbon emissions data.
Aug-2021: Accenture, along with Microsoft formed a partnership with Duke Energy, American electric power and natural gas holding company. This partnership aimed to develop the latest technology platform designed to calculate actual baseline methane emissions from natural gas distribution systems.
Jul-2021: Accenture teamed up with Climeworks, a Swiss company specializing in carbon dioxide air capture technology. Under this collaboration, Accenture developed a digital plant solution for Climeworks, which helps the company in eliminating carbon dioxide (CO2) from the air more effectively.
Feb-2021: Accenture collaborated with Microsoft, an American multinational technology corporation. This collaboration aimed to accelerate the U.K.’s low-carbon transition. Together, the companies would assist utility and energy organizations to transform the energy system and reduce the cost of decarbonizing the supply & demand of electricity in the U.K., underpinned by artificial intelligence (AI), open data, and a digital workforce.
Feb-2021: IBM came into collaboration with bp, a British multinational oil, and gas company. Under this collaboration, bp joined the IBM Quantum Network to improve the usage of quantum computing in the energy sector. In addition, bp would work with IBM to explore utilizing quantum computing to resolve business and engineering challenges and explore the potential usage for driving efficiencies and decreasing carbon emissions.
Jun-2020: SAP joined hands with Honeywell, a German multinational software corporation. This collaboration aimed to develop a joint cloud-based solution based on Honeywell Forge, the company’s enterprise performance management offering, and SAP Cloud Platform, which can simplify and integrate operational & business data to support better decision-making and generate better efficiencies.
Acquisitions and Mergers:
May-2021: Cority took over WeSustain, developer of web-based software for enterprise sustainability management. This acquisition aimed to strengthen Cority’s European presence and position Cority for the swiftly emerging strategic impact of ESG factors in each key enterprise across the globe.
Product Launches and Product expansions:
Oct-2021: IBM launched Environmental Intelligence Suite. This suite aimed to assist enterprises to streamline and automate the management of environmental risks and start the operations of underlying processes that include carbon accounting and reduction, to fulfill environmental objectives.
Sep-2021: SAP unveiled SAP Product Footprint Management. This product enables enterprises to make their products more sustainable, reduce their carbon emissions, and disclose their products’ environmental footprints to regulators.
Aug-2021: Cority released its new Sustainability Cloud. This product is developed to offer companies with one source of truth and a 360° view of all sustainability & environmental, social, and governance (ESG) programs, Cority’s Sustainability Cloud make sure data is precise, auditable, and ready to be used for making transparent sustainability reports and ESG disclosures.
Jun-2021: Accenture released Green Cloud Advisor, a new capability for the Accenture myNav platform. This platform allows companies to work more sustainably and efficiently across cloud ecosystems, which further can help in minimizing emissions and waste with greener IT activities.
Geographical Expansions:
Sep-2021: Greenstone expanded its geographical footprint by opening an NYC office in North America. This office would support the company’s growth in the region.
Scope of the Study
Market Segments covered in the Report:
By Component
• Software
o Data Management
o Asset Performance Optimization
o Application Platform
o Forecasting Analytics
o Dashboard Tools
• Services
o Consulting & Training
o Support & Maintenance
By Industry
• Manufacturing
• IT & Telecom
• Government Sector
• Energy & Power
• Others
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• IBM Corporation
• SAP SE
• Accenture PLC
• Broadcom, Inc. (CA Technologies, Inc.)
• NortonLifeLock, Inc.
• Fortive Corporation
• Greenstone plus
• Cority Software, Inc. (Thoma Bravo)
• Foresite Systems
Unique Offerings
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p06222243/?utm_source=GNW
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USA News Group Commentary
VANCOUVER, BC, April 25, 2024 /PRNewswire/ — Across several sectors the use of artificial intelligence (AI) is making a huge impact, with healthcare emerging as possibly receiving the largest boost. According to a new research report from analysts at Mordor Intelligence, the market for artificial intelligence in health care is set to explode at a CAGR of 42.20% through 2029. As the tech sector races to provide the market with solutions, several companies are emerging as leaders in aiding the healthcare sector, including Avant Technologies Inc. (OTC:AVAI), Microsoft Corporation (NASDAQ:MSFT) (NEO:MSFT), Health Catalyst, Inc. (NASDAQ:HCAT), Ginkgo Bioworks Holdings, Inc. (NYSE:DNA), and Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX).
Recently, Avant Technologies Inc. (OTC:AVAI) strengthened its AI-powered healthcare offerings by acquiring Wired-4-Health, a company specializing in healthcare technology and data services. This addition supports Avant’s goal to create the first supercomputing network in the country. This network will offer big data and AI software companies a quicker, more potent, and more affordable computing infrastructure.
“Our strategy behind this acquisition was to enable Avant to deliver best-in-class data and system interoperability support services to the healthcare and life sciences sectors powered by AvantAI® and our high-density compute capabilities,” said Tim Lantz, CEO of Avant Technologies. “At the same time, this exciting combination significantly strengthens our financial profile, offers massive commercial growth opportunities in one of Avant’s largest target markets, and bolsters our internal customer support and R&D capabilities.”
The goal of this deal is to bring together Avant Technologies and Wired-4-Health to improve how healthcare data is shared and used. By joining forces, they can use advanced AI and powerful computing to help healthcare and life sciences organizations deal with data and system challenges more easily and effectively.
This partnership improves the way transactions are processed, analyzes health outcomes, and ensures compliance, leading to better performance, more reliable data, and a more affordable, scalable system for customers.
“In the near term, if the healthcare industry expects to succeed in lowering costs while improving quality, the deployment of advanced AI, combined with more powerful, cost- effective compute capabilities will be critical to that success,” said Angela Harris, Avant’s Chief Operating Officer. “The addition of Wired-4-Health will position Avant as a key contributor in helping healthcare organizations solve complex problems at the intersection of cost, quality, compliance and technology.”
Tech giant Microsoft Corporation (NASDAQ:MSFT) (NEO:MSFT) has also been aiding the healthcare sector, most notably with its Azure AI Health Bot, which helps create copilot experiences with healthcare safeguards. Microsoft is enhancing its Azure AI Health Bot services by adding new healthcare-specific safeguards and features, including integration with Microsoft Copilot Studio.
These upgrades allow healthcare organizations to create their own copilot experiences, with pre-built capabilities, templates, and connectors tailored to healthcare needs, supporting protocol-based workflows alongside AI-based answers, and ensuring compliance with industry standards and guidelines. Now the platform is already being put into use by big players, including by German pharma giant Roche.
“By leveraging Azure AI Health Bot to build copilot experiences for doctors, we are developing an intuitive, conversational interface that lets clinicians access and explore Roche’s clinical documentations in a more natural way and to cope with the complexity and flood of information,” said Dr. Georg Isbary of Roche Pharma Germany. “The pilot for this new user experience, powered by generative AI features and compliant with the necessary security standards, has been integrated into our systems and will be further tailored to regional market needs.”
Long-time developer in the AI and machine learning (ML) space for healthcare, Health Catalyst, Inc. (NASDAQ:HCAT) signed a multi-year partnership with SacValley MedShare, one of California’s largest and most established qualified health information organization, earlier this year. As per the deal, Health Catalyst will support SacValley’s important mission through a broad set of technology solutions, including KPI Ninja by Health Catalyst, Healthcare.AI – a Health Catalyst Data Operating System (DOSTM) Platform module, and several other application solutions and Professional Services.
“We are honored to partner with SacValley MedShare on their continued journey to advance healthcare and are confident our technology, combined with our dedicated, skilled team members, will deliver the improved efficiency and support SacValley MedShare needs to achieve its healthcare transformation goals,” said Dan Burton, CEO of Health Catalyst.
By choosing Health Catalyst’s advanced data and analytics services, SacValley will enhance its ability to share and use information. This will lead to better service for those paying for healthcare, by making it easier to share important health details. This helps in delivering top-notch reports and care for patients.
“Transforming data from movable to usable is the alchemy of insights, turning raw potential into the gold of informed decision-making, ultimately forging a path towards health equity and improved outcomes,” said John Helvey, Executive Director of SacValley MedShare. “This is the primary reason SVMS chose Health Catalyst as a transforming partner.”
Another AI player is Ginkgo Bioworks Holdings, Inc. (NYSE:DNA), which is making it easier and cheaper for other biopharma companies to produce important biological materials and organisms by using artificial intelligence (AI). Back in February 2024, Ginkgo announced the acquisition of key assets of Reverie Labs, which has built and used AI/ML tools to accelerate drug discovery. The acquisition of Reverie’s infrastructure and software serves to help train large-scale AI foundation models, while four of Reverie’s key AI team members will also be joining Ginkgo.
Gingko followed this up through a collaboration with UK-based biotech company Prozomix, to build out the production of next generation enzyme plates for active pharmaceutical ingredient (API) manufacturing. The agreement aims to leverage Gingko’s Enzyme Services and industry-leading AI/ML models along with Prozomix’s existing enzyme libraries and deep experience manufacturing enzyme plates.
“API manufacturing is poised to greatly benefit from the latest in enzyme engineering and AI/ML enzyme models,” said Cindy Chang, Senior Director, Business Development at Ginkgo Bioworks. “We are so excited to partner with Prozomix to get enzymes into as many API routes as possible and help partners meet both their COGs savings and sustainability goals.”
Another developer helping to lead the way in AI-powered healthcare is Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX), which uses AI to pick out which treatments should be tested in clinical trials, while also letting biopharma companies to use their AI tools to do so also.
Last year, Recursion lined up a $50-million collaboration with AI chipmaking giant Nvidia for AI drug discovery. Then at the beginning of 2024, Recursion presented a demonstration of LOWE (Large Language Model-Orchestrated Workflow Engine), a new software designed to perform complex drug discovery tasks using a natural language interface. The platform is powered by Recursion’s proprietary biological and chemical data, and can orchestrate experiments using Recursion’s automated wet laboratories, unleashing the power of the Recursion Operating System in an easy-to-use tool.
“For the first time, we’ve taught Large Language Models to use many of Recursion’s tools and data in the same way an expert scientist would, but much more simply and in a more scalable way,” said Chris Gibson, Ph.D., Co-founder and CEO of Recursion. “LOWE provides an exciting glimpse into what we believe the future of drug discovery will look like – a first step towards the development of autonomous ‘AI scientists’ for therapeutic discovery.”
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
CONTACT:USA News [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/ai-in-healthcare-unveiling-the-future-with-a-42-20-cagr-through-2029–302127335.html
Artificial Intelligence
Oncolytics Biotech® Announces Upcoming Presentations at the American Society of Clinical Oncology Annual Meeting
SAN DIEGO and CALGARY, AB, April 25, 2024 /PRNewswire/ — Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced the acceptance of two abstracts at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting, which is taking place from May 31 – June 4, 2024, in Chicago, Illinois. Details on the abstracts and poster presentation are shown below.
Title: Phase 1/2 randomized, open-label, multicenter, Simon two-stage study of pelareorep combined with modified FOLFIRINOX +/- atezolizumab in patients with metastatic pancreatic ductal adenocarcinoma.
Presentation Type: PosterAbstract Number: TPS4203Session Title: Gastrointestinal Cancer – Gastroesophageal, Pancreatic, and HepatobiliarySession Date and Time: June 1, 2024, 1:30 – 4:30 p.m. CTTitle: Pelareorep driven blood TIL expansion in patients with pancreatic, breast and colon cancer.Presentation Type: Online abstractAbstract Number: e14625
Abstracts will be published on the ASCO Annual Meeting website at 5:00 p.m. ET on May 23, 2024.
About Oncolytics Biotech Inc.
Oncolytics is a clinical-stage biotechnology company developing pelareorep, an intravenously delivered immunotherapeutic agent. Pelareorep has demonstrated promising results in two randomized Phase 2 studies in metastatic breast cancer and Phase 1 and 2 studies in pancreatic cancer. It acts by inducing anti-cancer immune responses and promotes an inflamed tumor phenotype — turning “cold” tumors “hot” — through innate and adaptive immune responses to treat a variety of cancers.
Pelareorep has demonstrated synergies with multiple approved oncology treatments. Oncolytics is currently conducting and planning combination clinical trials with pelareorep in solid and hematological malignancies as it advances towards registrational studies in metastatic breast cancer and pancreatic cancer, both of which have received Fast Track designation from the FDA. For further information, please visit: www.oncolyticsbiotech.com or follow the company on social media on LinkedIn and on X @oncolytics.
Company Contact
Jon Patton
Director of IR & Communication
[email protected]
Investor Relations for Oncolytics
Timothy McCarthy
LifeSci Advisors
+1-917-679-9282
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/oncolytics-biotech-announces-upcoming-presentations-at-the-american-society-of-clinical-oncology-annual-meeting-302127245.html
Artificial Intelligence
Internet of Things (IoT) Market to Expand at a Stellar 19.4% CAGR through 2031 | SkyQuest Technology
WESTFORD, Mass., April 25, 2024 /PRNewswire/ — SkyQuest projects that the Internet of Things (IoT) Market will attain a value of USD 1572.37 billion by 2031, with a CAGR of 19.4% over the forecast period (2024-2031). Internet of Things (IoT) refers to the network of connected devices over the internet that are embedded with sensors and software. Growing adoption of automation around the world and advancements in connected device technologies are forecasted to be key factors driving the Internet of Things (IoT) market growth in the future.
Download a detailed overview:
https://www.skyquestt.com/report/internet-of-things-market
Browse in-depth TOC on “Internet of Things (IoT) Market”
Pages – 197Tables – 69Figures – 75Internet of Things (IoT) Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 380.6 billion
Estimated Value by 2031
$1572.37 billion
Growth Rate
Poised to grow at a CAGR of 19.4%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component Type, Application, and Region
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Rising demand for connected healthcare and growing use of industrial automation solutions
Key Market Drivers
Advancements in connectivity and connected device technologies
Hardware is Estimated to Dominate the Global Market Share Owing to High Use of Hardware Components in IoT
Hardware components such as sensors and actuators are highly vital to the proper functioning of any kind of Internet of Things (IoT) device. Growing adoption of IoT devices in different industry verticals for various applications is promoting market growth via this segment. The development of new hardware solutions also helps this segment maintain its dominance.
Smart Agriculture is the Fastest-growing Segment Owing to Rising Adoption of Precision Agriculture Practice
Rising emphasis on improving agricultural yield and sustainability has resulted in the growing adoption of smart agriculture and precision agriculture practices. IoT devices play a crucial role in monitoring and controlling different elements of a smart agriculture setup that is mostly automated using different smart devices thereby contributing to the IoT market growth as well.
Growing Adoption of 5G Technology Allowing North America to Dominate the Global Internet of Things (IoT) Market
Rapid adoption of 5G technology and high use of cloud-based platforms are key factors allowing North America to lead the demand for Internet of Things (IoT) around the world. Surging investments in the research and development of advanced technologies and the presence of key tech giants such as Amazon, Google, IBM, and Microsoft also helps the dominance of this region. Canada and the United States remain the most lucrative markets for Internet of Things (IoT) companies in North America through 2031.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/internet-of-things-market
Internet of Things (IoT) Market Insights:
Drivers
Advancements in connectivity and connected device technologies.Growing demand for Industrial IoT (IIoT) solutions.Increasing number of smart cities and development of smart infrastructure.Restraints
Lack of standardization of IoT devices and technologies.Privacy and data security issues.Interoperability challenges and complex integration scenarios.Prominent Players in Internet of Things (IoT) Market
MicrosoftCisco SystemsIntelSiemens (Germany)AWS (US)Oracle (US)Qualcomm (UK)SAP (Germany)IBM (US)Google (US)View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/internet-of-things-market
Key Questions Answered in Internet of Things (IoT) Market Report
What are the top drivers for Internet of Things (IoT) market going forward?Who are the leading Internet of Things (IoT) market players?Where will demand for Internet of Things (IoT) be high?Which component accounts for a dominant revenue share of the global Internet of Things (IoT) market?This report provides the following insights:
Analysis of key drivers (advancements in connectivity and connected device technologies, growing demand for industrial IoT (IIoT), development of smart infrastructure for smart cities, growing use of smart devices ), restraints (lack of standardization, complexities in integration, concerns regarding security and privacy of data), and opportunities (rising popularity of connected healthcare, increasing adoption of Industry 4.0, rising use of industrial automation), influencing the growth of Internet of Things (IoT) market.Market Penetration: All-inclusive analysis of product portfolio of different market players and status of new product launches.Product Development/Innovation: Elaborate assessment of R&D activities, new product development, and upcoming trends of the Internet of Things (IoT) market.Market Development: Detailed analysis of potential regions where the market has potential to grow.Market Diversification: Comprehensive assessment of new product launches, recent developments, and emerging regional markets.Competitive Landscape: Detailed analysis of growth strategies, revenue analysis, and product innovation by new and established market players.Related Reports:
Global Internet of Things in Retail Market
Global Internet of Things (IoT) in Agriculture Market
Global Internet of Things (IoT) Microcontroller Market
Global IOT In Healthcare Market
Global IOT in Manufacturing Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh Skyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
View original content:https://www.prnewswire.co.uk/news-releases/internet-of-things-iot-market-to-expand-at-a-stellar-19-4-cagr-through-2031–skyquest-technology-302127239.html
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