Artificial Intelligence
Predictive Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component , Deployment Mode, Organization Size , and Industry Vertical
New York, Aug. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Predictive Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component , Deployment Mode, Organization Size , and Industry Vertical” – https://www.reportlinker.com/p06316384/?utm_source=GNW
4% from 2022 to 2028.
Dark data is the data that a company does not use in any of its analytics systems.The data is gathered from several network operations that are not used to determine insights or to predict.
Organizations might consider dark data inaccurate as it does not provide exact results; however, they know that these data can be utilized to derive some valuable insights.Dark data analytics software or solutions enable organizations to better locate, identify, and leverage previously unknown data to make important business decisions.
According to the State of Dark Data report, respondents to this study saw analytics as a key solution that can better address the growing challenges of dark data and enable a large number of non-technical employees to understand the organization’s needs. These advantages of dark data analytics solutions are expected to propel the predictive analytics market in the coming years.
The predictive analytics market in the MEA is subsegmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA.The Saudi Arabian Data and Artificial Intelligence Agency (SDAIA) has launched a national AI policy to lead the country’s transformation into a data-driven economy.
In addition, the Vision 2030 of the Saudi Arabian government is aimed at creating sustainable cities and ensuring the optimal use of resources in important segments of the economy.This further highlights the importance of AI and automation in boosting the skills of the workforce.
Further, the country plans to launch education reforms to prepare its future workforce with hands-on experience in AI and digital technologies.As a result, the development of AI will enhance its use in data analysis and predictive analytics.
In Turkey, the banking industry is a major contributor to the overall financial system. It is known for its innovative services and cutting-edge consumer experiences, as it has demonstrated a pioneering approach to chatbot adaptation. Some banks are open to including functionalities that can allow consumers to transact while receiving virtual assistance through chatbots. Currently, banks with large customer bases have implemented chatbots, and banks with mid-sized clienteles are likely to adapt to this innovation in the future. Moreover, these developments in banks are expected to influence insurance and pension companies, wealth management firms, and other financial service providers to adopt chatbots in their operations. As chatbots have interfaces that help users analyze their data efficiently, their growth will further contribute to the predictive analytics market growth in Turkey in the coming years. In South Africa, companies are harnessing business opportunities associated with the Internet, which go beyond social media networks and website presence. Additionally, entrepreneurs are seeking ways to address business challenges by utilizing the existing infrastructure; this has led to a decrease in interest in chatbots, as the chatbot interface that generates data insights might be basic for data scientists. Nevertheless, due to the increasing penetration of smartphones, chatbot technology still shows growth potential in the banking infrastructure in South Africa.
Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the countries that faced a notable impact of the COVID-19 pandemic in the MEA.Many small and medium-sized enterprises (SMEs) in several Middle East states faced challenges in running the business.
The adoption of advanced technologies, such as IoT and cloud, is high in the region, especially in the UAE.Moreover, the demand for digitalization is growing at an impressive pace in this region, which is expected to offer ample growth opportunities to the predictive analytics market in the coming years.
Further, the software and ICT industries did not receive much impact from this global health crisis, unlike other industries, as several businesses allowed their employees to work from home. Consequently, enterprises realized the importance of predictive analytics to be able to foresee security threats, which contributed to the growth of the predictive analytics market in the MEA.
The predictive analytics market is segmented on the basis of component, deployment mode, organization size, industry vertical, and geography.The predictive analytics market analysis, by component, is segmented into solutions and services.
The predictive analytics market based on solution is segmented into risk analytics, marketing analytics, sales analytics, customer analytics, and others.The predictive analytics market analysis, by deployment mode, is bifurcated into cloud and on-premises.
The market, by organization size, is segmented into large enterprises, and small and medium-sized enterprises (SMEs).The predictive analytics market, by vertical, is segmented into BFSI, manufacturing, retail and e-Commerce, IT and telecom, energy and utilities, government and defense, and others.
In terms of geography, the predictive analytics market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia, and Rest of Europe), APAC (China, Japan, India, Australia, South Korea, and Rest of APAC), MEA (South Africa and Rest of MEA), and SAM (Brazil, Argentina, and Rest of SAM).
The overall size of the predictive analytics market has been derived using both primary and secondary sources.Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast of the predictive analytics market with respect to all the segments.Also, multiple primary interviews have been conducted with industry participants to validate the data obtained through the secondary research and gain more analytical insights into the market topic.
The participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants—valuation experts, research analysts, and key opinion leaders—specializing in the predictive analytics market.
Read the full report: https://www.reportlinker.com/p06316384/?utm_source=GNW
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HONG KONG, May 27, 2024 /PRNewswire/ — Computime Group, a leading innovator in manufacturing, branded products and technology solutions, is proud to announce the upcoming launch of one of the first true Matter thermostats. This milestone highlights our commitment to pioneering smart home technology and providing our OEM and ODM customers with state-of-the-art solutions.
Matter is set to revolutionize the Internet of Things (IoT) landscape as the next-generation standard for connected devices. Developed by the Connectivity Standards Alliance, Matter offers an open, universal protocol that is not bound to any single ecosystem, providing consumers with unparalleled freedom and flexibility. It ensures privacy-sensitive, secure, and reliable local controls without the need for cloud dependency, addressing the growing demand for enhanced privacy and security in smart home devices.
The key principles driving Matter’s development include simplicity, reliability, interoperability, and security. By ensuring that all Matter-certified devices work seamlessly together, Matter eliminates the complexities often associated with smart home technology. This leads to greater compatibility, easier setup, and more robust user experiences across various device types, including thermostats.
Computime’s Matter thermostat represents a significant advancement in smart home technology, providing our customers with cutting-edge solutions and a short lead time to market, to meet the growing demand for interconnected and efficient home environments. We invite our customers to explore the capabilities of our new thermostat solutions. Computime’s extensive expertise in developing and manufacturing smart home devices ensures that our customers receive high-quality, reliable products with a short lead-time that stand out in the competitive market.
CONTACT: Computime Group, [email protected]
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MADRID, May 27, 2024 /PRNewswire/ — Global Voice Group (GVG) now features as one of the top 100 Africa-focused innovative RegTech organizations that are set to power Africa to a $1 billion market size by 2025.
This acknowledgment bears witness to GVG’s compliance monitoring capabilities within the Mobile Money (MM) ecosystem. GVG developed the Mobile Money Monitoring (M3) solution, an intelligent data platform that supports East African regulatory authorities in monitoring the fast-expanding MM market. Through M3, the authorities can ensure the security and integrity of the related financial transactions, as well as transparency and compliance, for enhanced revenue assurance. M3 currently monitors approximately 25% of the financial flows passing through MM platforms in East Africa, verifying over 90 billion USD worth of transactions annually.
Moreover, the platform is also in use in Central and West Africa, in the Republic of Congo and in Ghana. In Congo, M3 has brought the local telecommunications regulator, the ARPCE, 100% visibility and control over all utility payments made via Mobile Money to the government. In Ghana, it has contributed to an average annual growth of 20% in revenue since its deployment. Overall, M3 has captured, verified and analyzed 1 trillion USD in MM transaction value since 2014.
After demonstrating the relevance, effectiveness, and innovation of the M3 solution to the jury, composed of recognized leaders of the Regtech industry, GVG was shortlisted and, following the voting phase, earned a place on the prestigious list. The M3 platform uses machine learning to ensure effective oversight of the MM market, ensure regulatory compliance and detect suspicious transactions. Since its first implementation in 2013, GVG’s M3 solution has provided the relevant regulatory authorities with reliable MM ecosystem metrics to support data-driven decision-making, promote compliance within the market, and reduce fraud and revenue leakage.
Responding to the announcement, James Claude, GVG’s CEO, declared: “It is with a great sense of achievement that I see GVG featuring among the 100 top RegTech providers in Africa. On behalf of the whole company, I sincerely thank Africa RegTech Horizon, as well as our voters, for supporting us in what we do best: providing governments and regulatory authorities with the market insights they need to address the challenges related to the fast-expanding financial ecosystem.”
The Africa RegTech Horizon-100 list is a directory of African RegTech companies and solution providers compiled to showcase the products and services of the latter, as well as assist financial institutions, regulators, and governments in identifying high-performing and trustworthy RegTech providers.
About GVG
Founded in 1998 and present in 11 countries, Global Voice Group is a global provider of ICT and RegTech solutions for governments and regulatory bodies. GVG assists governments and authorities, through Big Data analytics, in their digital transformation and the effective promotion of compliant and truly inclusive digital ecosystems. The company monitors, collects and analyses data from crucial economic sectors and turns it into actionable information. We promote data-driven decision-making.
Discover GVG’s website: www.globalvoicegroup.com
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View original content:https://www.prnewswire.co.uk/news-releases/gvg-featured-on-the-2024-africa-regtech-horizon-100-list-302155235.html
Artificial Intelligence
Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT
HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.
Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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View original content:https://www.prnewswire.co.uk/news-releases/unlock-an-exclusive-olympic-experience-celebrating-live4wells-sold-out-genesis-nft-302155644.html
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