Artificial Intelligence
Embracing the AI Era: IMF Highlights Massive Potential for Global Workforce AI Innovation
USA News Group CommentaryIssued on behalf of Scope AI Corp.
VANCOUVER, BC, May 16, 2024 /PRNewswire/ — USA News Group – According to International Monetary Fund (IMF) Managing Director Kristalina Geogieva, the emergence of artificial intelligence (AI) is hitting the global labor force “like a tsunami”. Her comments came at an event in Zurich this week, organized by the Swiss Institute of International Studies, where she stated AI is likely to impact 60% of jobs in advanced economies, and 40% of jobs around the world. The remarks came shortly after the release of a new report from and LinkedIn, which not only stated that use of AI has nearly doubled in just 6 months, but also that 75% of global knowledge workers are now using AI tools in their day-to-day work. The advantages of AI for both workplaces and businesses are rapidly multiplying, thanks to recent strides made by developers, including from Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Oracle Corporation (NYSE: ORCL), SAP SE (NYSE: SAP), Apple Inc. (NASDAQ: AAPL), and Alphabet Inc. (NASDAQ: GOOG, GOOGL).
Amidst the rapid advancements of deep machine learning technology across various sectors, Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has undergone a transformation in its branding and market focus. The company now directs its proprietary technology, GEM (General Enterprise Machine Learning), towards industries such as advertising, gaming, and neural networks. With this innovative platform, businesses can develop their own object detection and visual information systems, harnessing the full capabilities of neural networks. These proposed strategic moves by Scope AI are reshaping how companies approach advertising customization, gaming enhancement, and the utilization of neural networks in a multitude of applications.
In a recent update, Scope AI unveiled upgrades to its GEM platform, aimed at providing enhanced services to advertising agencies and the gaming sector. These improvements empower GEM to fine-tune advertising content and enrich gameplay experiences through advanced neural network functionalities. Furthermore, the updates strengthen the platform’s object visual recognition, empowering businesses to glean deeper insights and deploy more precise solutions. With these augmented object detection and visual information systems, advertisers gain improved capabilities to analyze consumer behavior and refine campaigns, while game developers can craft more immersive and captivating user interactions.
“We’re very pleased at how seamless we were able to streamline, enhance, and strengthen our platform with the latest performance and security upgrades made to our infrastructure,” said Sean Prescott, Founder and Non-Executive Chairman of Scope. “The next generation of our platform will set us apart in what kind of data and its sensitivity we can process and store. It’s a potential game-changer for the industry.”
GEM boasts a user-friendly web interface, empowering developers, meticulous users, entrepreneurs, and large enterprises to effortlessly establish advanced object detection systems or craft ground-breaking, real-time neural network models.
Scope AI is confident that the recent upgrades to their GEM platform will deliver substantial benefits to the advertising and gaming sectors, ushering in novel capabilities and profound insights. With a focus on advertising, Scope emphasizes GEM’s visual recognition technology, facilitating the creation of highly targeted and captivating advertisements. This functionality optimizes ad spend efficiency and elevates customer engagement to unprecedented heights.
In the realm of gaming, Scope envisions its GEM platform as a transformative force, enriching player experiences by tailoring gameplay and recommendations through neural network analyses of player behavior. This cutting-edge technology empowers developers with invaluable insights to refine game design, enhance player retention rates, and unlock untapped revenue streams.
Not sitting back in the AI race, Oracle Corporation (NYSE: ORCL) recently announced it will expand its research and development (R&D) capabilities in the country of Morocco, by growing its local workforce to 1,000 information technology (IT) professionals. The tech giant quickly followed up the announcement, by being named as a Leader in the 2024 Gartner Magic QuadrantTM for Warehouse Management Systems, for the ninth year in a row.
“Fast-changing market conditions and increasing customer demand puts added pressure on organizations’ warehouse, inventory, and fulfillment processes,” said Srini Rajagopal, vice president of logistics product strategy, Oracle. “We believe our position as a Leader in this report is an acknowledgement of our robust product capabilities, investment in innovation, and most importantly the success of our customers.”
Looking to drive further growth and competitive advantage in its sector, and to ensure the sustainability of its products for the future, Charoen Pokphand Foods (CP Foods) recently selected SAP SE (NYSE: SAP) to provide multiple solutions. Among these, CP Foods will be employing SAP’s RISE with SAP, SAP Sustainability Footprint Management, and SAP Sustainability Control Tower Solutions.
CP Foods serves more than 4 billion people globally, and is a leading integrated agro-indsutrial and food business that is one of the world’s largest producers of feed, shrimp, poultry, and pork, with operations in 17 countries and exports to more than 50 countries. The move with SAP reflects CP Foods’ goal of becoming the “Sustainable Kitchen of the World”, and to realize its Net Zero goals by 2050.
“Sustainability is a huge opportunity for businesses across Asia,” said Paul Marriott, President of SAP Asia Pacific & Japan. “Using RISE with SAP and our sustainability solutions, CP Foods is getting ahead of forthcoming emissions regulation and future-proofing its business by using data to make more sustainable decisions. It can use those insights to drive more operational efficiencies, optimize supply chains, and differentiate its business against competitors.”
Having been accused of lagging in the AI race, Apple Inc. (NASDAQ: AAPL) has been making several strides as of late, including taking music-making to the next level with its all-new Logic Pro for iPad and Logic Pro for Mac 11 offering, delivering breakthrough professional experiences for songwriting, beat-making, producing, and mixing.
The new Logic Pro comes powered by AI, introducing incredible studio assistant features that augment the music-making process and provide artists help right when they need it.
“Logic Pro gives creatives everything they need to write, produce, and mix a great song, and our latest features take that creativity to a whole new level,” said Brent Chiu-Watson, Apple’s senior director of Apps Worldwide Product Marketing. “Logic Pro’s new AI-backed updates, combined with the unparalleled performance of iPad, Mac, and M-series Apple silicon, provide creative pros with the best music creation experience in the industry.”
Google’s parent company Alphabet Inc. (NASDAQ: GOOG, GOOGL) recently showed off its astonishing vision for how AI will work with its popular Gmail and Photos platforms. During a keynote speech at its annual Google I/O developer conference, Google CEO Sundar Pichai kicked off the event highlighting various new features powered by its latest AI model Gemini 1.5 Pro. One of the new features, called Ask Photos, allows users to search photos for deeper insights, such as asking when your daughter learned to swim or recall what your license plate number is, just by looking through saved photos.
As well, Google unveiled perhaps the most intriguing offering, dubbed Project Astra. It’s what the company is calling an “advanced seeing and talking responsive agent”, and what some are calling an amped-up version of Google Lens. Google is making all kinds of moves in AI that has the market buzzing, even redesigning its own market-leading search engine, using AI all the way down the line.
“What we see with generative AI is that Google can do more of the searching for you,” says Liz Reid, Google’s newly installed head of Search. “It can take a bunch of the hard work out of searching, so you can focus on the parts you want to do to get things done, or on the parts of exploring that you find exciting.”
Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
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 System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Artificial Intelligence
CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review
CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).
The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
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