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Artificial Intelligence

MLOps Market to Surpass USD 17,335 Million Value by 2030, Says P&S Intelligence

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NEW YORK, July 17, 2023 /PRNewswire/ — According to the recent market research reports published by P&S Intelligence, the MLOps market will grow at a substantial CAGR, of 39.3%, during this decade, to reach over USD 17,335 million by 2030.
To gain a competitive edge through improved customer insights and increased productivity of employees, businesses across all industries are augmenting their funding in AI/ML systems.
This kind of automation system can quickly and precisely examine data and make use of complex algorithms for predicting future steps, which eventually improves the efficiency of enterprises.
Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/mlops-market/report-sample
AI is based on technologies that need a lot of figures. Thus, it is easier for the healthcare sector to make use of it and track the record of their firm with an appropriately systematized data setup.
Medical information is vast in size and has a lot of attributes. The increasing number of complex procedures led to the initial incorporation of ML in the healthcare sector, because of its problem-solving feature.
This technology has the potential to improve the affordability of healthcare services, by employing automation, and not manual procedures, throughout health-related analyses and procedures.
The platform component dominates the industry with a value of USD 834 million, and it will grow at a rate of approximately 40% in the years to come. This is due to the quality of ML platforms of enhancing the process and management of ML models.It helps organizations in building, training, managing, and positioning the models in a production-ready ML environment. It also quickens business experiments with the help of purpose-built tools, such as classification, preparation of data, monitoring, and training and tuning.SMEs led the enterprise size segment in the past because numerous startups have accepted MLOps platforms for increasing productivity in their value chains.According to a U.S.-based information technology company, ML platform startups have invested over USD 3 billion in research on diverse phases of ML operations, including platforms and monitoring, data governance and monitoring, and serving platforms.MLOps Market Report Coverage
Report Metric
Details
MLOps Market Size in 2022
USD 1,226 Million
Projected Market Size in 2030
USD 17,335 Million
Growth Rate
39.3 %
Forecast Period
2023–2030
Companies Analyzed
Akira AI, Alteryx, Inc. Amazon Web Services, Inc., Cloudera, Inc., DataRobot, Inc., Domino Data Lab, Inc., Gavs Technologies, Google LLC, H2O.ai, Inc., Hewlett-Packard Enterprise, IBM Corporation, Microsoft Corporation
Segments Analyzed
By Component; By Application; By Deployment Mode; By End User; By Industry; By Region
 
North America led the market, with a share of 36%, in the past. The reasons for this are the robust research and development activities related to AI and the presence of numerous top AI companies in the continent.
Browse detailed report on MLOps Market Size, Share and Growth Forecast Report 2030
The increasing investment in cutting-edge technologies for enhancing the business processes and the experience of customers will further offer lucrative growth prospects in the region.
Over this decade, the APAC region will witness the fastest market growth, on account of the growing penetration of AI and cloud computing technology in the region.
Machine Learning Operations Market Segmentation Coverage in the Report
MLOps Market Segmentation by component
PlatformServicesMLOps Market Segmentation by application
Data ManagementModelingOthers MLOps Market Segmentation by deployment mode
On-premiseCloudHybrid MLOps Market Segmentation by end user
Data ScientistsML EngineersAI enthusiastsData EngineersMLOps Market Segmentation by Industry
BFSIManufacturingIT and TelecomSmart MobilityRetail and E-commerceEnergy and UtilityHealthcareMedia and EntertainmentBrowse More Reports Published by P&S
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Near-Eye Display Market Share, Growth and Demand Forecast Report 2030
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
Contact:Chandra MohanAVP – Business DevelopmentPhone: +1-347-960-6455Email: [email protected]: https://www.psmarketresearch.comFollow Us: LinkedIn Twitter
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Computime announces the launch of one of the first true Matter thermostats

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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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GVG featured on the 2024 Africa RegTech Horizon-100 list

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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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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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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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