Artificial Intelligence
Remote towers Global Market Report 2023
New York, June 01, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Remote towers Global Market Report 2023” – https://www.reportlinker.com/p06464196/?utm_source=GNW
, Kongsberg Gruppen, and Rohde & Schwarz GmbH & Co KG.
The global remote towers market is expected to grow from $0.17 billion in 2022 to $0.22 billion in 2023 at a compound annual growth rate (CAGR) of 24%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The remote towers market is expected to reach $0.56 billion in 2027 at a CAGR of 26.8%.
The remote towers market includes revenues earned by entities by providing remote monitoring activities, communication, and data handling.The market value includes the value of related goods sold by the service provider or included within the service offering.
The remote towers market also includes the sales of virtual remote towers and mobile remote towers which are used in providing remote tower services.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
Remote towers are systems that enable the provision of aerodrome air traffic control (ATC) or flight information service (FIS) from a location other than the aerodrome while maintaining an operational safety level comparable to that possible using a manned tower at the aerodrome to monitor both air and ground movements. This technology has numerous safety advantages, such as viewing tools that improve air traffic controllers’ situational awareness.
Asia-Pacific was the largest region in the remote towers market in 2022, and is expected to be the fastest-growing region in the forecast period. The regions covered in remote towers report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of systems of remote towers include airport equipment and remote tower module and network solution.Airport equipment includes engine, propeller, appliance, and all records and documents pertaining to such equipment that are required to be surrendered or returned under the terms of any applicable security agreement, lease, or contract.
They are operated in various types such as single, multiple, and contingency for applications in communication, information and control, flight data handling, surveillance, and visualization for use in end-users such as military airports and commercial airports.
The increasing number of passengers flying is expected to propel the growth of the remote-tower market going forward.Flying passenger traffic refers to the transportation of passengers by both aircraft and positioning flights.
Remote towers give controllers a clearer and more thorough view of the airport and nearby airspace thanks to modern camera and sensor technology, which can result in safer operations and greater passenger trust.Hence, an increase in air travel is boosting the growth of the market.
For instance, in 2022, according to the Bureau of Infrastructure and Transport Research Economics (BITRE), an Australia-based economic research, analysis, and statistics providing organization, total passenger movements increased from 1.23 million in November 2021 to 16.68 million passengers In November 2022. Further, in December 2021, according to Bureau Of Transport statistics, Passengers on US airlines increased 119% from October 2020 to October 2021. Therefore, the increasing number of passengers flying is driving the growth of the remote tower market.
Technological advancements are a key trend gaining popularity in the remote towers market.Companies operating in the remote towers market are adopting new technologies to sustain their position in the market.
For instance, in February 2020, Indra, a Spain-based defense electronic equipment, simulation, and automatic test equipment and information technologies company, launched artificial intelligence based digital remote-tower technology.It uses digital technologies; a remote or digital tower control gives operators a view of the airfield and its surroundings.
It is the first system in the world to include artificial intelligence features that allow for the automatic execution of crucial air control procedures.It uses deep learning to increase take-off and touchdown maneuver efficiency and safety.
Managing multiple aerodromes from a single operational hub allows up to a 50% reduction in tower building and usage costs.
In February 2022, Adacel TechnoloGies Limited, an Australia-based software, and system designer for sophisticated, real-time automation, communications, and simulation, Virtual ATC Tower from Cybernetica for an undisclosed amount.With the acquisition, accelerates Adacel’s expansion into the rapidly expanding market segment for virtual ATC tower solutions and the new solution The acquisition expedites Adacel’s entry into the rapidly expanding virtual ATC tower solutions market segment.
Cybernetica is an Estonia-based research and development company offers remote tower solution to remotely control air traffic.
The countries covered in the remote towers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The remote towers market research report is one of a series of new reports that provides remote towers optical components market statistics, including remote towers optical components industry global market size, regional shares, competitors with a remote towers optical components market share, detailed remote towers optical components market segments, market trends and opportunities, and any further data you may need to thrive in the remote towers optical components industry. This remote towers optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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Artificial Intelligence
SUSE Unveils AI Strategy and Solutions with Early Access Program, to Foster Open, Compliant, and Secure Gen AI for Enterprises
SUSE To Build The Most Open, Secure, Enterprise-Grade GenAI Platform
BERLIN, June 18, 2024 /PRNewswire/ — (SUSECON 2024) — SUSE®, a global leader in innovative, open and secure enterprise-grade solutions, today unveiled SUSE AI, SUSE’s vision and strategy for open, secure, and enterprise-grade generative AI. SUSE AI offers a turn-key platform that provides enterprises the freedom to run private GenAI solutions with the LLM of their choice on-premises or in the cloud. Customers and partners are invited to join the SUSE AI Early Access Program, a collaborative initiative to inform the future of secure open source AI for enterprises.
“As the value of GenAI – and the need for it – becomes more and more apparent, we are seeing customers struggle with compliance risks, shadow AI, and a lack of control, not to mention the vendor lock-in and skyrocketing costs associated with early-stage AI solutions,” said Pilar Santamaria, VP of AI Worldwide at SUSE. “SUSE’s approach to AI, delivered in our SUSE AI solutions and the SUSE AI Early Access Program, will help address many of these issues for customers, as well as for SUSE, as we also face the same challenges as enterprises in implementing GenAI.”
SUSE AI SolutionsBuilding on customer, partner and community insights from the Early Access Program, SUSE AI solutions, which are planned to be launched later in 2024, will offer enterprises a modular, secure, vendor and LLM-agnostic GenAI platform that will dissolve silos and reduce costs associated with enterprise generative AI implementations. These AI solutions, built on SUSE’s industry-leading open source, enterprise-grade SUSE Linux, Rancher Prime Kubernetes management and NeuVector Prime security offerings, will enable enterprises to control data flows in a secure, private environment, reducing regulatory compliance risk and improving security. As enterprises grapple with balancing AI-driven innovations and associated risks, SUSE AI solutions will provide greater oversight for mission critical data to better harness the full potential of GenAI.
SUSE AI Early Access ProgramAligned with the organization’s commitment to collaboration and co-innovation, SUSE is launching SUSE AI Early Access Program, a collaborative initiative to provide a basis for secure and compliant open source generative AI in the enterprise. The SUSE AI Early Access Program brings together customers and partners with SUSE’s GenAI experts and will play a critical role in the future direction of SUSE AI solutions. Early Access Program customers will access the latest builds of the SUSE AI solution, as well as work with SUSE consultants and technical support to leverage SUSE AI solutions and realize the promise of Private AI.
SUSE AI Strategy and RoadmapSUSE approaches AI with a strong foundation in open source principles, a commitment to delivering security, and a belief that customer options, including privacy by design, is paramount. SUSE AI takes a responsible AI approach by which enterprises are empowered to choose the models and tools they prefer to get the most out of AI in a private, safe and secure environment.
AI at SUSE is a different AI, a “human first AI”. SUSE understands the value of responsible AI and strives to maximize the capabilities of AI alongside human talent, putting the person in center. AI will augment how work gets done, removing repetitive barriers and helping organizations scale, and innovate, at pace. SUSE focuses, not only on the benefits of AI, but also on the aspirational goals attached to each AI use case. SUSE’s AI roadmap will usher in a wave of enterprise ready AI, focused on protecting data and putting customers in control.
SUSE is dedicated to creating the top open AI platform that speeds up the development of AI models and applications. Our goal is to become the leading AI technology provider for enterprises, offering openness, choice, cost-efficiency, and simplicity, making AI accessible to everyone.
“The rapid evolution of AI, both as a technology and a market, has left many enterprises lacking the right fit solutions for their specific needs,” said Frank Feldmann, Chief Strategy Officer, SUSE. “With so much at stake, customers need flexibility to choose which AI technologies, including LLMs, to build with, to innovate faster in a secure way.”
Growing an AI Ecosystem, powered by SUSE SUSE’s portfolio is already helping customers unlock the potential of AI. Fujitsu, a global partner for digital and sustainability transformation has developed a private generative AI solution built using SUSE’s market-leading Kubernetes management platform, Rancher Prime and SUSE Linux Enterprise. This solution enables organizations to easily contextualize and query information in generative AI. With this solution, Fujitsu is meeting its customers’ need for a secure GenAI platform.
“Generative AI is helping to unlock innovation within our world. Our customers’ employees already use Generative AI in their private lives and naturally want to use this technology at work too. With our solution, they can do this in a secure and protected setting,” said Udo Würtz, Chief Data Officer, European Platform Business at Fujitsu. “As a trusted partner, SUSE supports us with our GenAI product strategy through their collaboration, expertise and commitment to choice for customers.”
Learn more about SUSE AI, visit SUSE AI.
About SUSESUSE is a global leader in innovative, reliable and secure enterprise open source solutions, including SUSE Linux Enterprise, Rancher and NeuVector. More than 60% of the Fortune 500 rely on SUSE to power their mission-critical workloads, enabling them to innovate everywhere – from the data center to the cloud, to the edge and beyond. SUSE puts the “open” back in open source, collaborating with partners and communities to give customers the agility to tackle innovation challenges today and the freedom to evolve their strategy and solutions tomorrow. For more information, visit www.suse.com.
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End-to-end observability platform enhances Rancher Prime, enables customers to manage complexity at scale with confidence
BERLIN, June 18, 2024 /PRNewswire/ — (SUSECON 2024) — SUSE®, a global leader in innovative, open and secure enterprise-grade solutions, today announced that it has acquired the full stack observability platform StackState. StackState’s technology gives IT teams the fastest path to identifying and remedying issues within their containerized cloud-based environments through a single observability platform. With StackState, SUSE will accelerate cloud native observability for the enterprise by integrating the platform into Rancher Prime, its premium container management service.
SUSE CEO Dirk-Peter van Leeuwen said, “As IT environments become more complex, our Rancher Prime customers need end-to-end observability of their entire stack. StackState’s comprehensive infrastructure and application monitoring capabilities and technical talent are the perfect complement to Rancher Prime and sets up SUSE’s container management solutions to best serve our customers on their modernization journey. I know our customers will value it greatly as we roll it out.”
With the rapid adoption of cloud and containers, traditional monitoring approaches are becoming obsolete, driving the growth and need for cloud native observability. StackState’s end-to-end observability and application monitoring will be directly incorporated into SUSE’s Rancher Prime, the industry’s most widely adopted enterprise container management platform. This helps customers proactively safeguard their end-user’s experience, foster cross-team collaboration and innovation, and bring all of their cloud native applications together in a single view, from data center to the Edge to the cloud. To foster widespread adoption of cloud native observability, SUSE also announced its intention to open source StackState in the future.
As systems and devices continue to come online at an increasing rate, there will be an equally increasing demand for AI data analytics. StackState’s technology allows users to correlate events over a period of time to help identify root causes in complex distributed systems and suggests remedial actions. StackState’s capabilities will further enhance SUSE’s portfolio, and drive overall innovation, efficiency, and value for customers. This acquisition also opens up broad opportunities for future capabilities like Cost Management, smart issue remediation, environment optimization and Industrial IoT observability.
Andreas Prins, CEO of StackState said, “I am so proud of everything the team at StackState has built since we launched. We offer unparalleled observability to customers running mission critical workloads in complex environments. SUSE’s Rancher Prime is a great fit for our technology and our team – and I’m looking forward to seeing what we have built reach its full potential.”
SUSE CEO DP van Leewen has blogged about the deal here.
About SUSESUSE is a global leader in innovative, reliable and secure enterprise open source solutions, including SUSE Linux Enterprise, Rancher and NeuVector. More than 60% of the Fortune 500 rely on SUSE to power their mission-critical workloads, enabling them to innovate everywhere – from the data center to the cloud, to the edge and beyond. SUSE puts the “open” back in open source, collaborating with partners and communities to give customers the agility to tackle innovation challenges today and the freedom to evolve their strategy and solutions tomorrow. For more information, visit www.suse.com.
About StackState
https://www.stackstate.com/solutions/kubernetes-troubleshooting/https://www.stackstate.com/
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Artificial Intelligence
Galilée AM to Standardize on Clearwater Analytics to Support Rapid Growth and Investment Operational Excellence
Streamlines Fund and Wealth Management Activities Across the Entire Investment Lifecycle with Clearwater JUMP
BOISE, Idaho and PARIS, June 18, 2024 /PRNewswire/ — Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that Galilée Asset Management (AM) will implement Clearwater JUMP to consolidate fund and wealth activities across its investment lifecycle. The platform’s deployment comes as Galilée AM seeks to support its rapid growth and consolidate its activities after acquiring several investment management companies.
Galilée AM specializes in fund and wealth management, primarily in equity and fixed income. The France-based company chose Clearwater JUMP for its end-to-end asset management platform that provides complete functional coverage for front, middle, and back-office investment operations. With Clearwater, Galilée AM aims to connect seamlessly with all its counterparties, leverage critical market data, and optimize trading processes.
“In Clearwater, we have found a long-term partner allowing us to centralize our multi-entity and multi-activity business on a single platform,” said Roni Michaly, CEO of Galilée AM. “Clearwater is a technological upgrade and a strategic move to consolidate our operations, drive efficiencies, and foster sustainable growth.”
In each of its entities Galilée AM has historically utilized multiple in-house solutions involving many manual processes for order consolidation. Clearwater’s JUMP suite of products will solve these inefficiencies and reduce costs with the Clearwater platform bringing data together for Galilée AM’s teams and giving users a consolidated view across the business. Galilée AM cited a world-class user experience, platform scalability, and quick implementation as reasons to implement Clearwater. Expected benefits for Galilée AM include a cohesive platform for all acquired entities, accurate group-level reporting, and streamlined middle-office activities to increase efficiency.
“Our partnership with Galilée AM exemplifies our commitment to delivering innovative, scalable solutions that meet the complex needs of today’s asset managers,” said Emmanuel Fougeras, President of Clearwater’s JUMP suite of products. “By choosing Clearwater JUMP, Galilée AM has embraced technological advancement and positioned itself for sustainable growth and operational excellence. We look forward to supporting their vision and continued expansion.”
To learn more about Clearwater Analytics, speak to an expert today.
About Galilée AM
Founded in 2000 and based in Strasbourg and Paris, Galilee AM offers multi-thematic expertise in fund and securities selection through its investment solutions for individual, professional and institutional clients. Its entrepreneurial structure and its capital independence from any banking or insurance network is the guarantee of great freedom in investment decisions. Galilee AM is a signatory to the PRI (UN Principles for Responsible Investment). For more information about Galilee Asset Management: www.galilee-am.com.
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading SaaS solution, automates the entire investment lifecycle. With a single instance, multi-tenant architecture, Clearwater offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Each day, leading insurers, asset managers, corporations, and governments use Clearwater’s trusted data to drive efficient, scalable investing on more than $7.3 trillion in assets spanning traditional and alternative asset types. Additional information about Clearwater can be found at clearwateranalytics.com.
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