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Artificial Intelligence

Artificial Intelligence (AI) in Education Market worth $80 billion by 2030, Says Global Market Insights Inc.

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Selbyville, Delaware, July 06, 2022 (GLOBE NEWSWIRE) —

The artificial intelligence (ai) in education market is expected to surpass USD 80 billion by 2030, as reported in a research study by Global Market Insights Inc. The growing emphasis on online learning platforms due to COVID-19 restrictions is driving the AI in education market growth.

Growing investments in AI-based startups are fueling the AI in education market expansion. Investments in the technology are led by digital-native companies and tech giants including Google, Amazon, and Apple. They invest billions of dollars in a wide range of AI applications, ranging from robotics to machine learning, virtual assistance technology, autonomous vehicles, and natural language to computer vision.

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The professional service segment held a market share of around 70% in 2021. As educational institutes are rapidly embracing digital technology solutions, companies are focusing on enhancing the learning experience across coaching institutes. Industry players are also slated to select a professional service partner that can offer expert consulting, maintenance, integration & deployment services and custom offerings including software implementation, test plans & product testing in an institutional environment.

The machine learning technology segment is predicted to grow significantly over the forecast timeline. It captures & maintains the rich content of information coupled with the identification of meaningful patterns and helps in converting it into a structured database for future usage. The technology offers a customizable learning experience, student path prediction, and suggested learning path, identifying weaknesses, and analyzing the areas that require improvement among students.

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K-12 education is anticipated to grow at a CAGR of 45% during 2022 – 2030. New and more critical academic standards are shifting their focus toward measuring students’ problem-solving & critical thinking capabilities and preparing them for higher education & career success.

The smart content segment is projected to witness exponential growth over the forecast period. Digital content platforms are used for their enhanced features to provide an enriched experience for learners and administrator control. The importance of e-learning standards has increased in the past five years, forcing many parties to launch their educational documents online to gather more reviews and new & improved service offerings.

Europe is set to generate a revenue of USD 15 billion in the AI in education market by 2030. European homes have access to fast broadband connections and as the internet penetration increases, the population with access to AI-enabled educational services also rises. These factors are estimated to foster market demand.

Industry participants operating in the market are emphasizing on collaborations with government authorities for accelerating the adoption of advanced learning platforms. For instance, in June 2021, the UK government signed a partnership agreement with IBM to explore and adopt innovative new digital technologies such as Artificial Intelligence (AI) and quantum computing across multiple business sectors. This partnership aimed to enhance productivity, create new skilled jobs, and boost regional & national economic growth.

Some major findings of the AI in education market report include:

  • The rising demand for interactive learning experiences complementing the market revenue.
  • Growing investments in AI-based startups are another factor propelling the market size.
  • The emergence of innovative EdTech startups is enabling consumers to shift toward AI technology-based education.
  • Europe accounted substantial market share in 2021 owing to the presence of prominent players and supportive government initiatives.
  • Major players operating in the AI in education market are AWS, Blackboard Inc., Blippar, Century Tech Limited, Cerevrum Inc., CheckiO, etc.
  • Leaders operating in the market are focusing on developing innovative product launches for advanced online education solutions.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    AI in education industry 360º synopsis, 2018 – 2030

2.2    Business trends

2.3    Regional trends

2.4    Component trends

2.5    Deployment model trends

2.6    Technology trends

2.7    Application trends

2.8    End-use trends

Chapter 3   AI in Education Industry Insights

3.1    Introduction

3.2    Impact of COVID-19 outbreak

3.3    Impact of Russia-Ukraine war

3.4    AI in education industry ecosystem analysis

3.5    Industry evolution

3.6    Features & benefits of AI in education sector

3.7    Technology & innovation landscape

3.8    Use cases

3.9    Investment portfolio

3.10    Patent analysis

3.11    Regulatory landscape

3.12    Industry impact forces

3.13    Growth potential analysis

3.14    Porter’s analysis

3.15    PESTEL analysis

About Global Market Insights

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Heimdal to Showcase Widest Cybersecurity Tech Stack at Infosecurity Europe 2024

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LONDON, May 23, 2024 /PRNewswire/ — Heimdal® is excited to announce its participation in Infosecurity Europe 2024, taking place from 3–4 June 2024 at ExCel London. 

Attendees are invited to visit Heimdal’s booth for an exclusive opportunity to engage with industry-leading cybersecurity experts, experience live demonstrations, and enjoy engaging presentations. 
Event Highlights
Personalized Experience and Meet & Greet 
Visitors to the Heimdal booth will receive a warm welcome and a personalized tour of our latest cybersecurity solutions. 
Those attending on the first day will have the unique chance to meet our Chief Enhancement Officer, who will be on hand to give mind penetration tests to guests. 
Event Countdown 
The countdown to Infosecurity Europe 2024 is underway, and we are thrilled to share this journey with the cybersecurity community. Follow Heimdal’s LinkedIn page to see how you can make the most of the event, with tips, tricks, and promos posted each day: https://www.linkedin.com/company/heimdal-security/ .
As InfoSec emphasizes, “Together, we can rethink the power of infosecurity and discover what that means for you.” 
Top Reasons to Visit Heimdal at Infosecurity Europe 2024 
1. Take the Mind Penetration Test 
Test your security against our Chief Enchantment Officer, a prestigious member of the Inner Magic Circle. Challenge your limits and see if your defenses can withstand his expertise. 
2. Face-to-Face Product Demos 
Experience Heimdal’s solutions live with our experts. Engage in interactive sessions, ask pressing questions, and get hands-on with our cybersecurity tools. 
3. Live Edutainment Shows 
Join us for five engaging shows that combine education and entertainment. Learn new cybersecurity tactics from our enthusiastic hosts. 
4. Discover Unexpected Solutions 
Visit Stand D140 to find innovative solutions you didn’t know you needed. Forge new connections and explore the future of cybersecurity with Heimdal. 
Agenda and Speakers 
Heimdal’s team will present a series of edutainment shows covering pressing cybersecurity topics: 
Value Realization for the Enterprise 
Learn to use data-driven evidence for governance alignment, risk mitigation, and security program efficiency. Overcome reporting challenges and enhance your cybersecurity strategy. 
Detonating Ransomware LIVE at InfoSec
Analyze 2024 ransomware trends and witness a live ransomware detonation. Gain insights into effective countermeasures to combat this pervasive threat. 
Time is of the Essence – Mastering Patch Management 
Discover the importance of Patch Management, best practices, and automation strategies to keep your systems secure and efficient. 
Navigating Privileged Access: To Admin or Not to Admin? 
Explore Privileged Elevation and Delegation Management (PEDM) and understand the strategic impacts of admin rights management with case studies and industry insights. 
DNS Security – The First Line of Defense 
Understand the critical role of DNS security, address key vulnerabilities, and learn the latest advancements to protect your infrastructure from DNS attacks. 
Meet Our Experts
Ross Duncan, Director of Customer Success 
Experienced post-sales leader with 15 years of building functions from scratch. Successfully recruited and led teams, delivered major projects, optimized processes, and set business vision at the executive level. Passionate about showcasing value within the customer base. 
Imran Rai, Technical Success Manager 
Success-focused executive with 20+ years in cybersecurity and IT. Built and led teams, advised C-level executives, and aligned technical needs with business goals. Passionate about staying ahead in technology and security, delivering value at every step. 
Join us at Infosecurity Europe 2024 to discover how Heimdal can enhance your cybersecurity posture with innovative solutions and expert guidance. 
Learn more here: https://heimdalsecurity.com/infosecurity-europe-2024
Press Contact
Danny Mitchell Head of Content & PR Email: [email protected]: 07999498241
About Heimdal
Founded in Copenhagen, Denmark, in 2014, Heimdal empowers CISOs (Chief Information Security Officers), Security Teams, and IT admins to enhance their SecOps, reduce alert fatigue, and be proactive using one seamless command and control platform. 
Heimdal’s award-winning lineup of more than 10 fully integrated cybersecurity solutions spans the entire IT estate, enabling organizations to be proactive, whether remotely or onsite. 
This is why their range of products and managed services offers a solution for every challenge, whether at the endpoint or network level, in vulnerability management, privileged access, implementing Zero Trust, thwarting ransomware, preventing BECs, and much more. 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/heimdal-security/r/heimdal-to-showcase-widest-cybersecurity-tech-stack-at-infosecurity-europe-2024,c3986779
The following files are available for download:
https://mb.cision.com/Main/22623/3986779/2817326.pdf
Meet, Greet, and Discover What the Widest Cybersecurity Tech Stack Can Do For You with Heimdal at Stand D140
https://news.cision.com/heimdal-security/i/heimdal-at-infosecurity-europe-2024,c3303360
Heimdal at Infosecurity Europe 2024
 

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Artificial Intelligence

CME Acquires EdTech Innovator Augmental, Leading a New Era of Educational Transformation

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DUBAI, United Arab Emirates, May 23, 2024 /PRNewswire/ — CME, an international leader in technology solutions, has announced the acquisition of Augmental, a cutting-edge EdTech company. This strategic partnership combines CME’s technological expertise with Augmental’s innovative tools to transform the education sector.

“This strategic alliance enhances our service offerings and reinforces our commitment to driving digital transformation in education on a global scale. The aim is to ensure that digital solutions remain at the forefront of educational strategies and practices,” said Wissam Youssef, CEO of CME Offshore.
This acquisition represents a pivotal step towards creating a comprehensive ecosystem of educational services and tools. The new entity will offer a fully integrated suite of solutions designed to enhance every aspect of the learning journey and cater to various stakeholders within the educational sector.
The collaboration between CME and Augmental is set to dismantle traditional barriers in education. By leveraging CME’s global network and merging their robust tech infrastructure and exceptional customer support experience with Augmental’s innovative AI-based tools, Augmental, the new EdTech arm of CME, will deliver personalised learning experiences, streamlined content creation and delivery, advanced analytics, and management tools. This partnership will transform educational access and effectiveness on both a regional and global scales.
Existing organizations using CME technologies now have access to an AI-powered LMS with unique features, while companies and training institutions using Augmental LMS are able to expand their tech stack with CME’s solutions.
“Joining CME marks an exciting new chapter for Augmental. It is more than an acquisition; it is a strategic alliance set to elevate the educational journey for learners everywhere. We look forward to continuing our mission to transform education and support our clients with pioneering solutions,” said Paul Barakat Diab, CEO of Augmental.
With a deep understanding of the education market, Augmental’s team brings invaluable expertise to the digital education sector. Their experience is crucial in innovating and developing targeted solutions that address the unique challenges and opportunities within the educational landscape.
Paul Barakat Diab and Elie Nahas, the founders of Augmental, will continue to lead and innovate within the newly formed entity. Their ongoing leadership underscores a shared commitment towards education, combining the strengths of both companies to establish new standards of educational excellence and innovation.
“Education is the cornerstone of progress and growth,” concludes Carole Alsharabati, Founding Partner at CME. “By equipping learners with next-gen tools, we are not just enhancing learning experiences; we are empowering them to shape the future.”
About AugmentalAugmental is an AI-powered, white-labeled learning platform that empowers educational institutions and course creators by offering next-generation personalised learning experiences, intelligent content creation, and data-driven analytics.www.augmental.education 
About CMECME is a multinational enterprise offering premium technology services and solutions. Over the years, CME has helped 100+ global clients, including renowned Fortune 500 companies, become leaders in their fields. The company’s end-to-end solutions and comprehensive services cover Enterprise Application Services, Data & Analytics, User Experience, Artificial Intelligence, the Internet of Things, and DevOps. With a skilled team across 8 locations, CME has delivered 300+ innovative and impactful projects, contributing to 8 US Patents and serving 80 million users daily.www.gotocme.com 
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Artificial Intelligence

Info-Tech Research Group Reveals Dr Timnit Gebru and Meredith Whittaker to Be Keynote Speakers at LIVE 2024 IT Conference

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The annual Info-Tech LIVE conference provides CIOs and IT professionals with practical insights to drive technology-led transformations, impact business outcomes, and accelerate their professional careers over the coming year. The first round of anticipated keynote speakers for the September 2024 conference has been formally announced by the global research and advisory firm.
LONDON, May 23, 2024 /PRNewswire/ — Info-Tech Research Group, a global leader in IT research and advisory, has announced the first two highly anticipated keynote speakers for Info-Tech LIVE 2024: Dr Timnit Gebru and Meredith Whittaker. Info-Tech LIVE 2024 will provide leaders and industry professionals with unparalleled insights into the latest advancements in AI and Exponential IT. The prestigious annual three-day conference, which brings together global CIOs and IT professionals across diverse industries, is scheduled from September 17 to 19, 2024, at the iconic Bellagio in Las Vegas.

Dr Timnit Gebru, a pioneering computer scientist and advocate for ethical AI, is the founder and executive director of the Distributed AI Research Institute (DAIR), focusing on the impact of AI on marginalised communities. Dr Gebru is known for her groundbreaking work on the ethical implications of AI and her advocacy for greater diversity in the tech industry. Meredith Whittaker, a leading voice in AI policy and president of the Signal Foundation, has been instrumental in advancing secure communication technologies and data transparency. As the cofounder of the AI Now Institute, Whittaker’sWhittaker’s efforts have significantly influenced responsible AI practices and major policy reforms.
‘We are excited to welcome Dr Timnit Gebru and Meredith Whittaker as keynote speakers at Info-Tech LIVE 2024,’ says Gord Harrison, senior vice president of research and advisory at Info-Tech Research Group. ‘Their contributions and work in AI and technology ethics will offer our attendees unique perspectives and invaluable insights. By engaging with these influential leaders, participants will gain a deeper understanding of the profound impact of AI and Exponential IT on the future of technology and how to harness these innovations to drive their organisations forward.’
Special Keynote Speakers for LIVE 2024:
Dr Timnit GebruFounder & Executive Director, The Distributed AI Research Institute (DAIR)A trail-blazing computer scientist, Dr. Gebru is renowned for her efforts to reduce the potential negative impacts of AI. As the former co-lead of Google’s Ethical AI research team, Dr Gebru’s departure from Google after authoring a pivotal research paper on the risks of large language models (LLMs) ignited a labour movement, resulting in the formation of the first tech workers union at Google. 
Meredith WhittakerPresident, Signal FoundationAs a cofounder of New York University’s AI Now Institute, Whittaker’s work has helped shape global AI policy. During her decade-long tenure at Google, she founded its Open Research Group and cofounded M-Lab, the world’s largest open data source on internet performance. Whittaker gained notable recognition as a key organiser of the Google walkouts and for her role in a protest against Google’s involvement in a military drone AI surveillance program.
‘Through cutting-edge insights and research, this year’s gathering of global experts will address the most pressing opportunities and challenges in today’s tech landscape,’ adds Harrison. ‘We are looking forward to welcoming distinguished CIOs, speakers, and partners to Las Vegas this September. Together, we will explore the future of AI, ethical considerations, and the exponentially evolving landscape of technology.’
Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024.
Updates and new details about speakers, agendas, and exclusive event experiences can be found via LinkedIn and Twitter over the coming months. 
Media Passes for Info-Tech LIVE 2024Taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas, this premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to cover the insights presented at Info-Tech LIVE or to gain access to research and expert insights on trending topics, please contact [email protected].
About Info-Tech Research GroupInfo-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.
To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights.
Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact [email protected]
For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.
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