Artificial Intelligence
New to The Street / Newsmax TV Announces Nine Interviews on this Week’s TV Broadcast, Sunday, May 08, 2022, 10-11 AM ET
NEW YORK, May 06, 2022 (GLOBE NEWSWIRE) — FMW Media’s New to The Street / Newsmax TV announces the broadcasting line-up of its national syndicated 1- hour TV show this Sunday, May 08, 2022, airing time 10-11 AM ET.
New to The Street’s 342nd TV show line-up, it features nine (9) interviews of the following business entities and their businesses representatives:
1). Sekur Private Data, Ltd.’s (fka –GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT) interview with Mr. Alain Ghiai, CEO.
2). Travis Mills Foundation’s interview with Mr. Travis Mills.
3). Cryptocurrency – Ignite’s (f.ka – Tindermint) (CRYPTO: ATOM) ($ATOM) interview, Mr. Peng Zhong, CEO.
4). Cryptocurrency – A-NATION Media’s (CRYPTO: ANTN) ($ANTN) interviews with Mr. Kade Vu and Mr. Chuck Russell, Co-founders.
5). Rego Payments Architectures, Inc.’s. (OTCQB: RPMT) interview with Mr. Stuart Harvey, Chairman of the Board of Advisors.
6). Artificial Intelligence Technology Solutions, Inc.’s (OTCPINK: AITX) interview with Mr. Steve Reinharz, CEO.
7). Cryptocurrency – NoLimit Technology’s (CRYPTO: NLC2) ($NCL2), interview, Rafael Groswirt, CEO.
8). Sekur Private Data Ltd.’s (Sekur®) (fka -GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT) the “Weekly Hack – SPECIAL SEGMENT,” interview with internet privacy expert Mr. Alain Ghiai, CEO.
9). PetVivo Holdings, Inc.’s (NASDAQ: PETV) interview with Mr. John Lai, CEO / President.
Mr. Alain Ghiai, CEO, Sekur Private Data, Ltd. (fka –GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT), appears in-studio at the Nasdaq Marketplace. Talking with TV Anchor Jane King, Alain explains the workplace dynamic that shifted to a hybrid work schedule where workers work partially at home and office. While at home, employees log on to a large corporate system while using less secure home connections. Hackers exploit these less secured home systems, creating a hacking portal into corporate IT networks. Alain says that most homes use simple passwords on routers, like “Password” and “1,2,3,4.” If employees use open-network platforms for email and text messages, these systems are prone to hackers who can quickly introduce malware. With over $6T in economic losses because of hackers breaching corporate platforms, employers who allow employees to work from home need secure connectivity to eliminate hacking threats. Sekur products can indeed reduce or eliminate such threats. The SekurSend and SekurReply features allow encrypted communication for texts and emails. Alain recommends viewers watch the video on their website, showing how Sekur works. The uniqueness is that a recipient of an email/text from a Sekur subscriber gets the same protections when communicating. A Sekur subscriber sends a “Chat-by-Invite” message, which opens an encrypted platform where secure communications commence. The Company now offers domain name and email migrations services using its Sekur platform solutions. Sekur Private Data, Ltd. operates its internet platforms and security businesses under the country of Switzerland’s very tough privacy laws and never sells or mines subscribers’ data.
Retired United States Army Staff Sergeant Travis Mills of the 82nd Airborne arrives on-set at the Nasdaq Marketplace to talk with TV Anchor Jane King about the Travis Mills Foundation. Travis talks about his injuries in Afghanistan in 2012, becoming a quadruple amputee, and his journey from then-to-now. The foundation’s motto: “Never Give Up. Never Quit” – the basis of his struggles with post-war injuries. Not wanting to live then, now to a full life with a loving wife and children, he gives viewers his contagious positivity in helping other veterans overcome their struggles. In 2017, the foundation bought a lodge located in Maine, which offers injured veterans and their families a place for a retreat, helping them to recalibrate with various programs and supports. The retreat provides a fully paid trip to 8 families a week, with over 800 families who visited the lodge to date. Viewers can donate to the Travis Mill Foundation at https://www.classy.org/give/206843/#!/donation/checkout.
Re-airing on this week’s New to The Street TV show is TV Anchor Jane King’s interview with Mr. Peng Zhong, CEO of Ignite (CRYPTO: ATOM) ($ATOM) (fka- Tendermint). Peng talks with Anchor Jane King about the $ATOM ecosystem and a $150M fund for blockchain development projects. From a hobbyist to advanced blockchain developers, Ignite can assist. The numerous tools, including funding, provides blockchain creators a platform for all types of assistance. Peng gives several examples of how Ignite and its resources create successful blockchain outcomes when deployed. The Ignite Venture platform can fund projects from start-ups to advanced market penetrations. Being more familiar with the W3 attributes, Ignite positioned itself as an incubator, helping those with great projects succeed in their blockchain designs, developments, integrations, and markets. Being able to provide needed capital and technological assistance, Ignite believes it can be a leader in developing a functional crypto atmosphere that provides a user-friendly experience for developers. This interview segment initially aired on May 01, 2022.
This week, New to The Street TV re-airs its interviews with Mr. Kade Vu and Mr. Chuck Russell, Co-founders at A-NATION Media (CRYPTO: ANTN) ($ANTN) (“A-NATION”). Talking with TV Anchor Ana Berry, they explained the Company’s role in the development of a decentralized blockchain platform for the film industry. Hollywood’s film industry is a cumbersome business legacy platform with many intermediaries, bankers, brokers, talent agents, etc. Kade explains his inspiration to bridge a crypto blockchain onto the production and director capabilities to get a film production launched. Overlooked are many independent movie ideas and movie industry talents, and A-NATION gives an immediate decentralized platform for creating a film. Chuck Russell, a Co-founder, gives his impressive history of well-known films that he developed and produced and explains why lots of independent films never get funded because of the endless complexities of getting a project financed. Chuck sees A-NATION’s blockchain as a must-needed and timely solution for taking creative movie ideas and turning them into viable film releases. The objective of A-Nation is to utilize the rapidly growing blockchain technology in all its parts to rectify the shortcomings of these traditional film business models. This interview segment initially aired on April 10, 2022.
This weeks’ New to The Street TV show re-airs Anchor Jane King’s in-studio Nasdaq Marketplace interview with Mr. Stuart Harvey, Chairman of the Board of Advisors at Rego Payment Architectures, Inc. (OTCQB: RPMT) (“REGO”). Stuart talks about his many years of business in the payment industry, financial technologies, digital wallets, and pre-paid cards. REGO takes payment options to a new level, securing children’s privacy when purchasing online or in stores. Stuart passionately explains the need for such solutions and a primary reason for him being with the Company. As the only COPPA compliant digital wallet, the Mazoola super digital wallet app is currently the only digital banking solution that puts privacy first, never collects data, and helps teach kids essential financial management skills. The wallet offers parents the ability to set payment and shopping limits and other restrictions. Stuart explains the expanding governmental enforcement efforts in the US and Europe under the current Children’s Online Privacy Protection Act (COPPA) and General Data Protection Regulation (GDPR). Mazoola is currently the only digital banking solution that puts children’s privacy first. The Mazoola app is available for download on iOS and Google Android devices – https://mazoola.co/. This interview segment initially aired on May 01, 2022.
New to The Street TV re-airs on this week’s show Mr. Steve Reinharz, Chief Executive Officer at Artificial Intelligence Technology Solutions, Inc. (OTCPINK: AITX), New York Stock Exchange (NYSE) in-studio interview with Anchor Jane King. As a robotic and artificial intelligence-based hardware (AI) and software solutions Company, Steve gives viewers a comprehensive update on current corporate ongoings. With new products, awards won, and sales/marketing lead generations from the Las Vegas Technology Show, the Company, sees adoption and sales growth upwardly trending in a big way, with security robots becoming an advanced modern security product solution. One award is for AVA (Autonomous Verified Access), a compact and stanchion mountable unit that provides a field of vision with advanced access to numerous entry points. The Company’s award-winning RAD Light My Way product offers campus security and property management professionals a new and better way to address security. The solution puts the power of security in the hands of employees, faculty, and students through affordable, intelligent, interactive technologies, a mobile app, and live remote monitoring and response services. Steve gives a product update on “ROAMEO” that provides a patrol and interactive security solution for various situations, helping with the employee shortages in the security industries. AITX owns three subsidiaries, Robotic Assistance Devices (RAD), Robotic Assistance Devices – Mobile (RAD-M), and Robotic Assistance Device – Group (RAD-G). This interview segment initially aired on April 17, 2022.
Rafael Groswirt, CEO at NoLimit Technology’s (CRYPTO: NLC2) ($NCL2) (“NoLimit”) interview is airing again on this week’s New to The Street TV. Rafael explains to TV Anchor Jane King and the viewers the NoLimitCoin’s betting protocol blockchain. Rafael explains how centralized sports betting platforms work, whereas money is on a single platform in a custodial account. Players on legacy sports betting platforms must submit to lengthy verification procedures to deposit or withdraw their funds in fiat currencies. NoLimitCoin is different because it is a decentralized platform with the end-user having total control of the money held in their wallet. Betting funds are immediate, except for the standard KYC (Know Your Client) verifications when opening accounts. The NoLimitCoin platform’s “Smart Contract” allows end-users to make multiple bets on several different sportsbook sites, not locking betters into only one site. The end-users receive their winnings into their crypto wallets, and NoLimit receives the platform fees. Rafael explains how the Company must be fully compliant with all State and Federal betting laws, rules, and regulations. He talks about the recent and pending approvals in overseas jurisdictions. The “Smart Contract” on betting wagers held in a decentralized platform makes NoLimitCoin a unique and user-friendly experience currently unavailable with large betting sites. DraftKings and FanDuel, the two most prominent sports betting sites, now control 90% of the industry and hold the majority of $5B in betting deposits. Rafael explains NoLimit’s goals of being the most attractive betting platform regarding cost, efficiency, and return for money. Viewers can learn more about NoLimit at https://nolimitcoin.org/. This interview segment initially aired on April 03, 2022.
New to The Street airs the “WEEKLY HACK – SPECIAL SEGMENT” about Sekur Private Data Ltd. (fka – GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT), with the internationally acclaimed internet privacy expert, Mr. Alain Ghiai, CEO. This week Alain talks with Anchor Ana Berry about the problems employers have with employees working from home. The biggest issue confronting employers’ IT departments with their employees working from home is logging onto their system from unsecured home routers and using open platforms, like Whatsapp, to communicate private and confidential information. Since the pandemic forced workers into home office settings, hackers prey on these poorly secured home platforms, enabling hackers access to large corporations’ main servers. Alain says that most home systems use very rudimentary passwords, like the word “Password” or number “1,2,3,4.” The best way to reduce a hack threat is to subscribe to the SekurSuite products for individuals and businesses. The SekurSend and SekurReply use a “Chat-by-Invite” encryption platform that protects both sender and receiver. Alain invites anyone to learn more about the Sekur features by watching the Company website videos. Sekur doesn’t use open public files services or open-source codes, owns its servers, no 3rd party API platforms, and offers multiple data center redundancies while operating its businesses under Switzerland’s very tough privacy laws. Alain is back next week with another “Weekly Hack” report. What is your privacy worth?
New to The Street TV re-airs Mr. John Lai, CEO / President, PetVivo Holdings, Inc. (NASDAQ: PETV) (NASDAQ: PETVW), in-studio Nasdaq Marketplace interview with TV Anchor Jane King. John provides viewers with his corporate updates. The injectable patented Spryng with OsteoCushion Technology treats osteoarthritis and joint afflictions while providing rehabilitation treatments for horses and dogs and continues to grow as a reliable treatment. Veterinarians see continued successes, and dog and horse owners see excellent results with less pain and more mobilities. Since Spryng mimics cartilage and last about 1-year per injection, competitor products appear to be no match in cost-benefit comparisons. PETV’s corporate studies continue between Spryng and competitors’ products, giving veterinarians empirical, comprehensive, and marketable data. John talks about hiring seasoned personnel who became regional managers so the Company can handle and expand its growth. John announces its upcoming launch of petvivocares.org, a website dedicated to donating the Spryng product to charitable nonprofit animal rescues and assistance organizations. “Word of Mouth” and conference participations seem to be the best form of marketing PETV’s Spryng with OsteoCushion Technology. Soon, PetVivo is rolling out its feline product for cats with osteoarthritis. This interview segment initially aired on April 10, 2022.
About Sekur Private Data Ltd. (fka – GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT):
Sekur Private Data, Ltd. (fka- GlobeX Data, Ltd.) (OTCQB: SWISF) (CSE: SKUR) (FRA: GDT) is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes encrypted emails, secure messengers, secure communication tools, secure cloud-based storage, disaster recovery, and document management products. The Company sells and serves consumers, businesses, and governments worldwide through approved wholesalers, distributors, and telecommunications companies. Contact Sekur Private Data, Ltd. at [email protected] or visit https://www.sekurprivatedata.com and https://www.sekur.com.
About the Travis Mills Foundation:
In September 2013, Travis Mills and his wife Kelsey founded the Travis Mills Foundation, a nonprofit organization formed to benefit and assist post 9/11 veterans who have been injured during active duty deployments or as a result of their service to our nation. The veterans and their families receive an all-inclusive, expenses-paid, barrier-free vacation to Maine. They participate in adaptive activities, bond with other veteran families, and enjoy much-needed rest/relaxation in Maine’s great outdoors. Travis Mills consults with and speaks to companies and organizations nationwide, inspiring all to overcome life’s challenges and adversity. His story has been featured on local and national news, including Fox News’ Happening Now with Jenna Lee, The O’Reilly Factor with Bill O’Reilly, CNN with Barbara Starr, and The Ellen DeGeneres Show – https://travismillsfoundation.org.
About Ignite (CRYPTO: ATOM) ($ATOM):
From Ignite’s (CRYPTO: ATOM) ($ATOM) origins as Tendermint, the purpose has always been to create a first-in-class developer experience for the Cosmos ecosystem. While the Company remains steadfast in this commitment, it also understands that individuals and organizations can benefit from genuinely innovative Web3 ideas. The new brand, Ignite, represents the change we inspire by connecting everyone to this World of decentralization and interoperability. Ignite is leading the way in accelerating the World’s transition to a decentralized future. Creative minds have the power to advance the World and revolutionize how we live. Mass adoption of blockchain solutions is critical to driving true global advancement. The Company’s solutions are developed for global communities to quickly build innovative ideas and use decentralized services in their everyday lives. Together, let’s create a more transparent and equitable world – https://ignite.com/.
About A-NATION Media (CRYPTO: ANTN) ($ANTN):
A-NATION Media (CRYPTO: ANTN) ($ANTN) (“A-NATION”) is to utilize the rapidly growing blockchain technology in all its parts to rectify the shortcomings of the traditional film business models. The time has come to apply the now multi-trillion-dollar value of the World’s cryptocurrency to film and television production. A-NATION’s creates liquidity through an ecosystem that allows for independent funding through the tokenized function of the blockchain technology. As A-NATION’s liquidity increases, the onboarding of systems and procedures will expand the ecosystem, including film-vested auctions, which will give A-NATION token holders a say in the choice of film projects they want to get funded. This process allows for determining the potential popularity of a specific film concept that translates into a global audience.
About REGO Payment Architectures, Inc. (OTCQB: RPMT):
REGO Payment Architectures, Inc. (OTCQB: RPMT) (“REGO”) is a digital solution that enables children to stay safe in today’s tech-first environment. The REGO Digital Wallet platform, MazoolaSM, allows parents and guardians to enable online shopping or digital spending at approved retailers, control what funds are available for which purchases, and reward children or pay allowance via the app. REGO is an innovative financial platform uniquely positioned due to its Children’s Online Privacy Protection Act (COPPA) and General Data Protection Regulation (GDPR) compliance – www.regopayments.com.
About Artificial Intelligence Technology Solutions (OTCPINK: AITX):
Artificial Intelligence Technology Solutions, Inc. (OTCPINK: AITX) is an innovator in delivering artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges, and fuel new business ideas. AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business through their next-generation robotic product offerings. AITX technology improves the simplicity and economics of patrolling and guard services, allowing experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced costs. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.radsecurity.com, www.radlightmyway.com, and Twitter: @SteveReinharz.
About NoLimit Technology (CRYPTO: NLC2) ($NCL2):
NoLimit Technology (CRYPTO: NLC2) ($NCL2) (“NoLimit”) provides the opportunity for people all over the World to experience the joy of playing fantasy sports without the strict regulations and high expenses that are characteristic of existing fantasy sports platforms. By implementing NoLimitCoin (Symbol: NLC2), NoLimit is the first online fantasy sports platform to harness blockchain technology. Built on blockchain technology, NoLimit offers four primary benefits which combine to provide a better fantasy sports experience to all users: significantly reduced fees, a fast and easy verification process, practically instant deposits and automatic withdrawals, and protection against unfair practices. This application of cryptocurrencies will revolutionize the fantasy sports industry by providing a fast, secure, and cheap method to fund and reward player accounts- https://nolimitcoin.org/.
About PetVivo Holdings, Inc. (NASDAQ: PETV) (NASDAQ: PETVW):
PetVivo Holdings, Inc. (NASDAQ: PETV) (NASDAQ: PETVW) is an emerging biomedical device company currently focused on the manufacturing, commercialization, and licensing of innovative medical devices and therapeutics for companion animals. The Company’s strategy is to leverage human therapies to treat companion animals in a capital and time-efficient way. A key component of this strategy is the accelerated timeline to revenues for veterinary medical devices that enter the market much earlier than more stringently regulated pharmaceuticals and biologics. PetVivo has a pipeline of seventeen products to treat animals and people. A portfolio of nineteen patents protects the Company’s biomaterials, products, production processes, and use methods. The Company’s lead product Spryng with OsteoCushion Technology, a veterinarian-administered, intraarticular injection to treat lameness and other joint-related affliction, including osteoarthritis, in dogs and horses, is currently available for commercial sale to veterinarians – https://petvivo.com/ & https://www.sprynghealth.com/
About FMW Media:
FMW Media operates one of the longest-running US and International sponsored and Syndicated Nielsen Rated programming TV brands, “New to The Street” and its blockchain show “Exploring The Block.” Since 2009, these brands have run biographical interview segment shows across major U.S. Television networks. The TV platforms reach over 540 million homes in the US and international markets. FMW’s New to The Street / Newsmax TV broadcasting platform airs its syndication on Sundays at 10 -11 AM ET. FMW is also one of the nation’s largest buyers of linear television long and short-form – https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
CONTACT:
FMW Media Contact:
Bryan Johnson
+1 (631) 766-7462
[email protected]
“New to The Street” Business Development office.
1-516-696-5900
[email protected]
Artificial Intelligence
Fingerprint Sensor Market worth $5.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, May 27, 2024 /PRNewswire/ — The Fingerprint Sensor Market is projected to grow from USD 4.2 billion in 2024 and is estimated to reach USD 5.9 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.0% from 2024 to 2029 according to a new report by MarketsandMarkets™. The rise in number of identity threats is one of the key factors leading to emergence of fingerprint technologies. Identity theft refers to the illegal acquisition of an individual’s personal or financial details to perpetrate fraud, including unauthorized transactions. It occurs through various methods and inflicts harm on victims’ credit, finances, and reputation.
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Browse in-depth TOC on “Fingerprint Sensor Market” 100 – Tables60 – Figures200 – Pages
Fingerprint Sensor Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 4.2 billion in 2024
Estimated Value by 2029
$ 5.9 billion
Growth Rate
Poised to grow at a CAGR of 7.0%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By technology, sensor technology, type, end-use application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Sensor performance limitations
Key Market Opportunities
Increased adoption of IoT-based biometric technology
Key Market Drivers
Rise in number of identity threats leading to emergence of fingerprint technologies
Area & Touch sensors in the sensor type segment is expected to witness higher CAGR during the forecast period.
Area & touch sensors segment is expected to witness a higher CAGR during the forecast period in the fingerprint sensor market. These sensors activate upon physical contact with an object or individual and are more sensitive compared to traditional buttons or manual controls. They provide users with a seamless and responsive experience, making them ideal for modern electronic devices where sleek design and user convenience are paramount.
The 2D segment in the fingerprint sensor market is expected to capture higher share during the forecast period.
2D sensor technology captures a person’s fingerprint pattern, including ridges and valleys, in two dimensions using a single plane of lasers to measure the X and Y dimensions. This technology is primarily utilized for detection and ranging tasks. Due to its affordability, 2D sensor technology remains popular among OEMs, especially in mobile devices requiring compact sensors to meet the preferences of end users. Key players such as Synaptics Incorporated (US), Fingerprints (Sweden), and Shenzhen Goodix Technology Co., Ltd. (China) offer 2D sensors for various consumer electronics and applications.
Ultrasonic is expected to witness the highest CAGR in the fingerprint sensor market during the forecast period.
Ultrasonic fingerprint sensors utilize sound waves to penetrate the outer layers of the skin, enabling the capture of three-dimensional (3D) details and distinct fingerprint characteristics like ridges and sweat pores. Unlike current capacitive touch-based fingerprint technologies, ultrasonic sensors can read both the epidermal and dermal layers of the skin, allowing for the capture of fine details. Consequently, these sensors can accurately read wet fingers or those with ruptured or damaged skin. The continuous advancements in sensing technology are expected anticipated to propel the growth of the ultrasonic fingerprint sensor market. In January 2022, vivo (China) announced the 1000 9 Pro smartphone with Qualcomm’s 3D Sonic Max ultrasonic fingerprint sensor. The new smartphone is based on Snapdragon 8 Gen 1 processor. The Qualcomm 3D Sonic Max in the IQ00 9 Pro enables a super-fast one-tap fingerprint registration process.
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North America is expected to hold the second largest share of the fingerprint sensor industry during the forecast period.
North America is driven by the increasing adoption of biometric authentication across various sectors, particularly consumer electronics, government, and commercial domains. The US Department of Homeland Security (DHS) has been actively promoting the use of biometric technologies, including fingerprint sensors, for enhancing border security and immigration processes. The DHS’s Biometric Entry-Exit Program has facilitated the deployment of fingerprint scanners at various ports of entry, contributing to the market’s growth in the region. According to November 2023 statistics by US Department of Homeland Security (DHS), 1,018,349 persons obtained lawful permanent resident status in year 2022 compared to 740,002 persons in 2021, which is 37.6% y-o-y increase.
Key Players
Major vendors in the fingerprint sensor companies include Shenzhen Goodix Technology Co., Ltd. (China), Fingerprints (Sweden), Synaptics Incorporated (US), Apple Inc. (US) NEXT Biometrics (Norway), Novatek Microelectronics Corp. (Taiwan), Qualcomm Technologies, Inc. (US) among others.
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Artificial Intelligence
Cloud Analytics Market worth $118.5 billion by 2029- Exclusive Report by MarketsandMarkets™
CHICAGO, May 27, 2024 /PRNewswire/ — The market for cloud analytics has a promising future because of the acceptance of real-time analytics, the expansion of big data and IoT, and the integration of AI and machine learning. Its adoption across multiple industries will be further accelerated by improved security, edge computing integration, and user-friendly platforms that prioritise data-driven decision-making and customised customer experiences.
The Cloud Analytics Market is estimated to grow from USD 35.7 billion in 2024 to USD 118.5 billion in 2029, at a CAGR of 27.1% during the forecast period, according to a new report by MarketsandMarkets™. Cloud analytics revolutionizes data storage and analysis by harnessing the power of the cloud. By storing and analyzing data in the cloud, businesses can extract actionable insights crucial for both SMEs and large enterprises. This approach facilitates identifying patterns, predicting future outcomes, and gaining valuable insights. Cloud analytics offers an opportunity to consolidate data and convert it into actionable intelligence while reducing procurement and maintenance costs. It involves utilizing both cloud-stored data and the rapid computing power of the cloud for faster analytics. However, with cloud infrastructure, organizations gain access to scalable, secure, and efficient data storage and processing solutions, enabling them to meet the demands of big data and drive innovation.
Browse in-depth TOC on “Cloud Analytics Market”
333 – Tables 66 – Figures342 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2019–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
USD Billion
Segments Covered
Offering, Data Type, Data Processing, Vertical, and Region
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), Google (US), Microsoft (US), Teradata (US), Salesforce (US), AWS (US), NetApp (US), Qilk (US), Sisense (US), SAP (Germany), Atos (France), Altair (US), Microstrategy (US), Tibco Software (US), Hexaware Technologies (India), Zoho (India), Rackspace Technology (US), Splunk (US), Cloudera (US), Domo (US), Hewlett Packard Enterprise (US), Incorta (US), Tellius (US), Rapyder (US), Hitachi Vantara (US), Board International (Switzerland), Ridge (Israel), Jaspersoft (US), Yellowfin (Australia), Deonodo (US), GoodData (US), Thoughtspot (US), and Infogain (US)
By offering the services segment to account for higher CAGR during the forecast period
Services segment in the Cloud Analytics Market have experienced remarkable growth in the Cloud Analytics Market, fueled by the increasing adoption of data-driven decision-making across industries. These services offer businesses the capability to analyze vast amounts of data stored in the cloud swiftly and efficiently, enabling them to extract valuable insights for strategic planning, optimization, and innovation. With the scalability and flexibility of cloud infrastructure, analytics services can accommodate diverse data types and analytical workloads, empowering organizations to derive actionable intelligence from their data in real time. As businesses continue to prioritize agility and competitiveness, the demand for cloud analytics services is expected to soar, driving further innovation and expansion in the Cloud Analytics Market landscape.
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By Type, advanced analytics solution is expected to hold the largest market size for the year 2024
The surge in advanced analytics adoption within the Cloud Analytics Market is reshaping the landscape of data-driven decision-making. Organizations across diverse sectors are increasingly turning to advanced analytics solutions hosted on cloud platforms to extract deeper insights from their data. This trend stems from the growing realization that traditional analytics methods are no longer sufficient to cope with the complexities of modern data ecosystems. Advanced analytics, powered by machine learning algorithms, predictive modeling, and AI, offer unparalleled capabilities to uncover hidden patterns, forecast trends, and optimize business processes. By leveraging the scalability, flexibility, and cost-effectiveness of cloud infrastructure, businesses can access powerful analytics tools without the burden of hefty upfront investments in hardware and software. As a result, the Cloud Analytics Market is witnessing rapid expansion, fueled by the transformative potential of advanced analytics in driving innovation, enhancing operational efficiency, and gaining a competitive edge in today’s data-driven economy.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The healthcare and life sciences sector is experiencing a transformative shift with the emergence of cloud analytics. This technology integrates vast amounts of data from various sources, including electronic health records, wearable devices, and genomic information, to derive meaningful insights and drive informed decision-making. Cloud analytics offers scalability, flexibility, and cost-effectiveness, enabling organizations to efficiently manage and analyze massive datasets that were previously challenging to handle. By leveraging advanced analytics techniques such as machine learning and predictive modeling, healthcare providers and life sciences companies can enhance patient care, optimize clinical workflows, and accelerate drug discovery processes. Moreover, cloud-based analytics facilitates collaboration among researchers, clinicians, and stakeholders, fostering innovation and driving advancements in personalized medicine and population health management. As the industry continues to embrace digital transformation, cloud analytics stands as a cornerstone for unlocking the full potential of data-driven healthcare and life sciences initiatives.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia Pacific region is experiencing a significant surge in the adoption of cloud analytics, reshaping how businesses make data-driven decisions. Companies spanning various industries are embracing cloud-based analytics platforms to optimize operations, foster innovation, and gain actionable insights. Additionally, the ubiquitous nature of mobile devices and internet connectivity has heightened the demand for real-time analytics accessible from anywhere. Governments and enterprises recognize the strategic value of harnessing analytics to maintain competitiveness in the global marketplace. Consequently, investments in cloud analytics technologies and talent development are escalating, positioning the Asia Pacific region as a pivotal player in the global cloud analytics landscape.
Top Key Companies in Cloud Analytics Market:
The significant cloud analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), Google (US), Microsoft (US), Teradata (US), Salesforce (US), AWS (US), NetApp(US), Qilk(US), Sisense (US), SAP (Germany), Atos (France), Altair (US), Microstrategy (US), Tibco Software (US), Hexaware Technologies (India), Zoho (India), Rackspace Technology (US), Splunk (US), Cloudera (US), Domo (US), Hewlett Packard Enterprise (US), Incorta (US), Tellius (US), Rapyder (US), Hitachi Vantara (US), Board International (Switzerland), Ridge (Israel), Jaspersoft (US), Yellowfin (Australia), Deonodo(US), GoodData(US), Thoughtspot (US), and Infogain (US). These companies have used organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Cloud Analytics Market.
Recent Developments:
In January 2024, Salesforce unveiled fresh Commerce Cloud tools leveraging generative AI and data-driven insights, enhancing every customer interaction for heightened loyalty and revenue growth.In February 2024, IBM and Wipro strengthened their collaboration to offer clients expanded AI services and support. This collaboration aims to utilize AI technologies to tackle various business challenges and foster innovation across industries.In June 2023, Salesforce and Google formed a partnership. The partnership between Salesforce and Google focuses on integrating Google’s AI capabilities into Salesforce’s products, enhancing their analytics offerings.In May 2023, Microsoft launched Microsoft Fabric Data Analytics which is a cutting-edge platform tailored for the AI era, facilitating seamless integration of analytics and AI capabilities into data processing workflows. It streamlines data ingestion, preparation, and analysis, enabling organizations to derive actionable insights efficiently.In August 2022, Teradata introduced VantageCloud Lake, a cloud-native service designed to simplify data lakes for businesses, enabling seamless management and analytics of vast data sets.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=959
Cloud Analytics Market Advantages:
Platforms for cloud analytics offer scalable resources, making it simple for companies to modify their requirements for storage and processing power in response to demand. Because of its adaptability, businesses may manage different data volumes without having to make costly infrastructure investments.Businesses can lower their capital hardware and software costs by utilising cloud analytics. Pay-as-you-go cloud service pricing allows businesses to optimise their total IT expenditure by only paying for the resources they really utilise.Compared to on-premises systems, cloud analytics solutions may be implemented and deployed far more quickly. This speedy deployment shortens the time to insight, allowing companies to begin data analysis and value extraction right away.Platforms for cloud-based analytics enable remote access to analytics tools and data from any location with an internet connection. Team members can collaborate on data projects regardless of location thanks to this accessibility, which fosters teamwork.Advanced analytics features like machine learning, artificial intelligence, and predictive analytics are frequently included in cloud analytics solutions. Organisations can gain deeper insights and make better decisions with the aid of these technologies.Businesses can analyse data as it is generated with the use of cloud analytics solutions, which provide real-time data processing and analytics. Applications that need instant insights, like fraud detection, operational monitoring, and customer engagement, depend on this real-time capacity.Platforms for cloud analytics can easily interface with a range of data sources, such as databases, data lakes, outside apps, and Internet of Things gadgets. A unified perspective of corporate operations and thorough data analysis are guaranteed by this integration capabilities.Report Objectives
To define, describe, and predict the Cloud Analytics Market by offering, data type, data processing, vertical, and regionTo describe and forecast the Cloud Analytics Market, in terms of value, by region—North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall Cloud Analytics MarketTo profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with detailing the competitive landscape for market leadersTo analyze competitive developments such as joint ventures, mergers and acquisitions, product developments, and ongoing research and development (R&D) in the Cloud Analytics MarketTo provide the illustrative segmentation, analysis, and projection of the main regional marketsBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
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Artificial Intelligence
PolyU research finds improving AI large language models helps better align with human brain activity
HONG KONG, May 27, 2024 /PRNewswire/ — With generative artificial intelligence (GenAI) transforming the social interaction landscape in recent years, large language models (LLMs), which use deep-learning algorithms to train GenAI platforms to process language, have been put in the spotlight. A recent study by The Hong Kong Polytechnic University (PolyU) found that LLMs perform more like the human brain when being trained in more similar ways as humans process language, which has brought important insights to brain studies and the development of AI models.
Current large language models (LLMs) mostly rely on a single type of pretraining – contextual word prediction. This simple learning strategy has achieved surprising success when combined with massive training data and model parameters, as shown by popular LLMs such as ChatGPT. Recent studies also suggest that word prediction in LLMs can serve as a plausible model for how humans process language. However, humans do not simply predict the next word but also integrate high-level information in natural language comprehension.
A research team led by Prof. Li Ping, Dean of the Faculty of Humanities and Sin Wai Kin Foundation Professor in Humanities and Technology at PolyU, has investigated the next sentence prediction (NSP) task, which simulates one central process of discourse-level comprehension in the human brain to evaluate if a pair of sentences is coherent, into model pretraining and examined the correlation between the model’s data and brain activation. The study has been recently published in the academic journal Sciences Advances.
The research team trained two models, one with NSP enhancement and the other without, both also learned word prediction. Functional magnetic resonance imaging (fMRI) data were collected from people reading connected sentences or disconnected sentences. The research team examined how closely the patterns from each model matched up with the brain patterns from the fMRI brain data.
It was clear that training with NSP provided benefits. The model with NSP matched human brain activity in multiple areas much better than the model trained only on word prediction. Its mechanism also nicely maps onto established neural models of human discourse comprehension. The results gave new insights into how our brains process full discourse such as conversations. For example, parts of the right side of the brain, not just the left, helped understand longer discourse. The model trained with NSP could also better predict how fast someone read – showing that simulating discourse comprehension through NSP helped AI understand humans better.
Recent LLMs, including ChatGPT, have relied on vastly increasing the training data and model size to achieve better performance. Prof. Li Ping said, “There are limitations in just relying on such scaling. Advances should also be aimed at making the models more efficient, relying on less rather than more data. Our findings suggest that diverse learning tasks such as NSP can improve LLMs to be more human-like and potentially closer to human intelligence.”
He added, “More importantly, the findings show how neurocognitive researchers can leverage LLMs to study higher-level language mechanisms of our brain. They also promote interaction and collaboration between researchers in the fields of AI and neurocognition, which will lead to future studies on AI-informed brain studies as well as brain-inspired AI.”
Media ContactMs Annie WongSenior Manager, Public AffairsTel: +852 3400 3853Email: [email protected]
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