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B2B Global Trade Financial Technology Platform XTransfer Launched the First “AI Employee” Service in the Foreign Trade Industry

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7 months ago

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B2B Global Trade Financial Technology Platform, XTransfer, is dedicated to providing foreign trade SMEs with secure, compliant, fast, convenient and low-cost global trade payments & fund collection solutions in the past 6 years. Today, XTransfer is thrilled to announce the introduction of the groundbreaking “AI Employee” service, marking a significant milestone for the foreign trade industry.

Following the successful launch of the “AI Letter Writer” feature in May this year, XTransfer’s cutting-edge foreign trade customer relationship management system, “XTransfer CRM,” is now introducing the “AI Employee”, leveraging advanced AI technology to revolutionise the foreign trade industry. “AI Employee” will focus on enhancing the intelligent experience of foreign trade enterprises. It aims to optimise customer acquisition and management, empowering businesses to win in the era of artificial intelligence.

AI Employee: An around-the-clock “Intelligent Foreign Trade Employee”

Customer acquisition serves as the cornerstone of any foreign trade business. In the current industry landscape, the majority of foreign trade professionals dedicate more than 80% of their time solely towards seeking out prospective clients, with automation playing a minor role at less than 10%. This entails an abundance of repetitive tasks, such as searching through Google, Linkedin, and other tools to find potential customer email addresses, followed by screenings and crafting compelling marketing emails while juggling the complexities of time zone differences. This approach proves to be both time-consuming and imprecise for foreign trade professionals. Additionally, as highlighted in the “2021 Foreign Trade Talent Trend Research Report”, foreign trade professionals exhibit high mobility owing to their sales-oriented roles, with an average length of employment of fewer than 30 months. Consequently, a committed, long-term foreign trade salesperson equipped with exceptional customer acquisition skillsets becomes the most valuable asset for foreign trade enterprises. The introduction of an “AI Employee” holds tremendous promise in effectively addressing this challenge faced by foreign trade companies.

“AI Employee” can be seen as the “Intelligent Foreign Trade Practitioner” working around the clock for foreign trade enterprises. In everyday foreign trade scenarios, “AI Employee” aids these enterprises in accomplishing their tasks with remarkable efficiency. A typical foreign trade enterprise encompasses various roles, such as acquiring new customers, marketing new products to existing customers, managing orders, and managing payment collections etc. Each role entails distinct objectives and skill requirements. The “AI Employee” can cover the roles of customer acquisition and marketing. When the boss of a foreign trade enterprise outlines objectives for the “AI Employee”, it can analyse the tasks, devise strategies, and autonomously access the customer relationship management tool, “XTransfer CRM”, to execute the objectives. Moreover, as an AI-powered digital intelligence tool integrated into the “XTransfer CRM”, the “AI Employee” generates comprehensive summary reports upon completing target tasks, while recording all daily work activities within the system. This enables foreign trade managers to retrieve and review these records at any time. Consequently, the efficiency of expanding business for foreign trade enterprises is significantly enhanced, allowing foreign trade sales staff or individuals running SOHO (small office or home office) foreign trade companies to focus more on converting potential customers.

Combine AI with foreign trade to realise value in the depth of the industry

According to Mr Lee Wai Tung, Technical Director of XTransfer, the “AI Employee” core capability lies in its ability to autonomously make decisions based on the “Emergence” of large language model with more than 10 billion parameters, which was incapable in previous AI models. “Emergence” is a concept derived from complexity science which describes how a system as a whole possesses capabilities that its individual components do not possess. For example, an ant colony exhibits vastly different characteristics in shape and mobility compared to a single ant, and a snowflake exhibits significantly different properties compared to a single molecule of water. In the context of large language models, such as ChatGPT, they excel in microscopic abilities such as “Next Token Prediction”, which makes this generation of AI referred to as AIGC (AI Generated Content). However, as the number of parameters of large language models and pre-training data increase, it becomes evident that through “In Context Learning” and “Chain of Thought”, we can stimulate the language model’s deep logical thinking circuit. This enables the model to surpass simple AIGC and make deductive decisions, which represents a potential path towards AGI (Artificial General Intelligence). “AI Employee” is the realisation of AGI, an advanced academic concept, in the foreign trade industry. XTransfer has been deeply integrating AI into the foreign trade industry, launching targeted AI products and services such as the “AI Letter Writer” in May and the recent introduction of the “AI Employee”, with the aim of serving millions of foreign trade enterprises.

The transition from a general large model to an industry-specific large model has gained momentum in the realm of AI development. The large model is applied to deeper of the industry to unlock its true value. By undergoing meticulous training in the operational concepts and methodologies of the foreign trade industry, and leveraging its own AGI capabilities, the large model can genuinely align with the unique circumstances and business needs of each foreign trade enterprise to generate an “AI Employee” that aligns with the customer’s desires and fulfils their specific needs, thereby assisting them in overcoming real-world business challenges. This endeavour encompasses not only the foundational capabilities of the large model but also extensive observation, immersion, and summarisation of the foreign trade industry.

During the pre-training phase of “AI Employee”, the general large language model is equipped with the industry skillsets by incorporating the selected marketing and operational knowledge from the foreign trade industry. Advanced fine-tuning techniques such as “Instruction-Tuning” and “LoRA” (Low-Rank Adaptation of Large Language Models) are employed to identify the most effective fine-tuning methods in practical scenarios, enabling the model to understand the foreign trade landscape comprehensively. Furthermore, when an enterprise hires an “AI Employee”, a mere 30 seconds of new employee training is required for the “AI Employee” to gather company information and swiftly adapt to the role. The classic approach to this training involves minimising the collection of company background, business operations, product knowledge, and objectives through a Q&A format. It is then reassembled into a complete context for subsequent “In Context Learning” decision-making in the large model.

AI’s utilisation enhances the value of foreign trade SaaS

The market offers plenty of SaaS services catering to the foreign trade industry. However, as traditional foreign trade SaaS solutions become increasingly feature-rich, users face the challenge of rising operating costs, particularly for SMEs with limited manpower and time to navigate complex foreign trade software. In such circumstances, having an “AI Employee” with ample learning and decision-making capabilities can help enterprises fully harness the value of foreign trade SaaS.

The “AI employee” is equipped with AI decision-making capabilities, while “XTransfer CRM” has restructured the fundamental tools within foreign trade SaaS into “plug-ins” that can be readily identified and accessed by the AI large model. As more tools within foreign trade SaaS are utilised, various combinations of tools emerge in different business scenarios. The fusion of “plug-ins” and AI decision-making capabilities enables the identification of the most suitable tool combinations for each scenario, leading to direct and effective business outcomes.

For instance, clients can set specific work goals for the “AI Employee”, such as achieving 10 meaningful responses from potential customers within a month. Upon receiving this goal, the “AI Employee” will break it down into weekly objectives and further into a daily work plan using the CoT reasoning process of the large model. In the daily work plan, the “AI Employee” organises the tools to be employed on a particular day, such as social media platforms, independent websites, and EDM (Electronic Direct Mail), along with their respective exposure strategies, then following the plan to execute the tasks systematically.

To fulfil the set work plan, the “AI Employee” promptly accesses all the AI-powered digital intelligence tools within “XTransfer CRM” as standardised large model plug-ins, completing daily tasks and providing progress reports to the user. Based on the day’s accomplishments, the “AI Employee” will adjust the following day’s work plan accordingly, continually pushing towards the achievement of work objectives.

Mr. Lee Wai Tung, the Technical Director of XTransfer, remarked, “In the past, excelling in the foreign trade industry was quite challenging, and the industry professionals were scarce. However, the launch of “AI Employee” presents a remarkable opportunity for foreign trade to transition from a “high entry barrier” to a “zero entry barrier” industry. Particularly in customer acquisition, the “AI Employee” can efficiently and accurately carry out preliminary tasks, subsequently relaying in-depth communications from interested customers to our clients, making the “AI Employee” a dependable aide in expanding foreign trade operations. Moreover, as the “AI Employee” undergoes continuous optimisation and iteration, it can complete a greater workload for users and tackle increasingly complex assignments, thus genuinely assisting enterprises in securing more business prospects.”

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Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

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Artificial Intelligence

Life Science Equipment Market to be Worth $97.96 Billion by 2031 – Exclusive Report by Meticulous Research®

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2 hours ago

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May 20, 2024

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REDDING, Calif., May 20, 2024 /PRNewswire/ — According to a new market research report titled, ‘Life Science Equipment Market Size, Share, Forecast, & Trends Analysis By Technology (Spectroscopy, Microscopy, Chromatography (HPLC, GC, TLC), PCR, Immunoassay, Sequencing, Flow Cytometry, Microarray, Centrifuge) End User – Global Forecast to 2031,’ published by Meticulous Research®, the life science equipment market is projected to reach $97.96 billion by 2031, at a CAGR of 6.3% from 2024 to 2031.

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Life sciences encompass a wide range of fields, including biology, biochemistry, genetics, pharmacology, and many more. Laboratory equipment plays a critical role in conducting experiments, collecting data, and analyzing samples to further scientific research and advance our understanding of living organisms and their underlying mechanisms. Equipment is also necessary for quality checks and validation of manufactured drugs and biologics in the life sciences industry. The growth of the life sciences industry is driving the adoption of life sciences and laboratory equipment.
The growth of this market is attributed to several factors, including increasing pharmaceutical and biotech R&D expenditures, government initiatives supporting life sciences R&D, the increasing prevalence of chronic and infectious diseases, and growth in initiatives to control environmental pollution. Additionally, the growth in genomics and proteomics, the increasing awareness and growing adoption of personalized medicines, increasing automation and digitalization in the life sciences industry, and the increasing focus on food safety and quality are expected to provide significant opportunities for players operating in the market.
The report offers a competitive landscape based on an extensive assessment of the leading players’ product portfolios and geographic presence and the key growth strategies adopted by them in the last three to four years. In recent years, the life science equipment market witnessed several product launches, product enhancements, product approvals, partnerships, agreements, & collaborations, acquisitions, and expansions.
The key players operating in the life science equipment market are Agilent Technologies, Inc. (U.S.), Becton, Dickinson, and Company (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), F. Hoffmann LA-Roche AG (Switzerland), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Waters Corporation (U.S.), Bruker Corporation (U.S.), Shimadzu Corporation (Japan), Siemens Healthineers AG (Germany), Eppendorf SE (Germany), Sartorius AG (Germany), and QIAGEN N.V. (Netherlands).
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Growing Awareness and Adoption of Personalized Medicine to Offer Opportunities for Players Operating in the Life Science Equipment Market
Personalized medicine, also known as precision medicine, is an emerging approach to patient care. Physicians choose a treatment method based on the patient’s genetic makeup (also considering genetic changes resulting from a disease) and lifestyle habits. It is an emerging disease treatment and prevention approach that considers individual variability in genes, environment, and lifestyle.
Precision medicine can remove the need for guesswork, variable diagnostic ability, and treatment strategies based on generalized demographics. Moreover, precision medicine enables a more holistic view of an individual patient. Precision medicine for clinical workflows helps facilitate more predictive and preventive care by bringing targeted therapies. There has been an increase in the adoption of personalized medicine in recent years. For instance, according to the Personalized Medicine Coalition, the share of personalized medicine has increased steadily in the total drugs approved in the U.S. by the FDA, from 28% in 2015 to 35% in 2021. The increasing awareness and adoption of personalized medicine are driving the demand for specialized laboratory equipment and technologies that enable precise and accurate genetic and molecular analysis.
Personalized medicine heavily relies on genetic testing, sequencing, analysis of genetic, genomic, and proteomic information, and biomarker identification and validation. This necessitates the use of advanced laboratory equipment, such as DNA sequencers, gene sequencers, PCR machines, real-time PCR systems, next-generation sequencers, mass spectrometers, immunoassay analyzers, and chromatography systems, to accurately derive the necessary results.
The life science equipment market is segmented by Technology [Spectroscopy, Microscopy, Chromatography, Lab Automation, Immunoassay Analyzers, PCR, Sequencing, Flow Cytometry, Incubators, Microarray, Centrifuges, Electrophoresis, and Other Equipment], End User [Pharmaceutical and Biotechnology Industry, Academic & Research Institutes, Hospitals and Diagnostic Laboratories, Analytical Testing Laboratories, Agriculture and Food Industry, Forensic Laboratories, and Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets. (Note: Apart from primary segmentation, Spectroscopy, Microscopy, Chromatography, Lab Automation, Immunoassay Analyzer, PCR, Sequencing, Flow Cytometry, Microarray, Centrifuges, and Electrophoresis have further level segmentation).
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Among the technologies included in the report, in 2024, the spectroscopy segment is expected to account for the largest share of 22% of the life science equipment market. The spectroscopy segment is further sub-segmented into molecular spectroscopy, atomic spectroscopy, mass spectrometry, and software. In 2024, the molecular spectroscopy segment is expected to account for the largest share of the spectroscopy market. Molecular spectroscopy is used to determine the composition of a material in an unknown chemical composition. It is used in various applications across food & beverage, environmental screening, pharmaceutical, and biotech industries. Therefore, the wide range of applications of molecular spectroscopy coupled with the growth of the life sciences industry, especially the pharmaceutical and biotech sectors, contribute to the large market share of this segment.
Among the end users included in the report, in 2024, the pharmaceutical and biotechnology industry segment is expected to account for the largest share of 32% of the life science equipment market. The largest share is contributed by several factors, including the increased demand for new drugs and therapies leading to extensive research and development activities, the need for technologically advanced equipment in the pharmaceutical and biotech industries, the rise in funding and investments in the pharmaceutical and biotech industry, and increased healthcare expenditure.
Among the geographies included in the report, in 2024, North America is expected to account for the largest share of 41% of the life science equipment market. North America’s major market share is attributed to the presence of key players, its well-established life science industry, and substantial spending on R&D activities by pharmaceutical and biotech companies. The U.S. is home to global top-ranking pharmaceutical companies. Companies like Johnson & Johnson, Pfizer, AbbVie Inc., Merck, and Bristol Myers Squibb are headquartered in the U.S. These companies have high R&D expenditure at increasing at a high rate each year. For example, Johnson & Johnson spent USD 14.7 billion on research and development in 2021, with a 21% increase over 2020.
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Scope of the Report:
Life Science Equipment Market Assessment—by Technology
SpectroscopyMolecular SpectroscopyUV/Vis SpectroscopyNuclear Magnetic Resonance (NMR)Near-Infrared (NIR) SpectroscopyInfrared (IR) SpectroscopyRaman SpectroscopyPolarimeters and RefractometersFluorescence & Luminescence SpectroscopyOther Molecular Spectroscopy TechnologiesNote: Other molecular spectroscopy technologies segment includes Raman spectroscopy, ellipsometry, and color measurement
Mass SpectrometryQuadrupole LC/MSTime of Flight LC/MS (Q-TOF & LC-TOF)Gas Chromatography-Mass Spectrometry (GC/MS)Fourier Transform Mass Spectrometry (FT/MS)Matrix-Assisted Laser Desorption/Ionization-Time of Flight Mass Spectroscopy (MALDI-TOF MS)Portable and In-Field Mass SpectroscopyTandem Mass Spectroscopy (MS/MS)Ion Trap Mass Spectroscopy (LC/MS)Atomic SpectroscopyAtomic Absorbance Spectroscopy (AAS)X-Ray Fluorescence (XRF) SpectroscopyX-Ray Diffraction (XRD) SpectroscopyOther Atomic Spectroscopy TechnologiesNote: Other atomic spectroscopy technologies segment includes inductively coupled plasma (ICP) spectroscopy, glow discharge spectroscopy, and arc/spark optical emission spectroscopy
Spectroscopy SoftwareMicroscopyElectron MicroscopyOptical MicroscopyScanning Probe MicroscopyOther MicroscopyMicroscopy SoftwareChromatographyHigh-Performance Liquid Chromatography (HPLC)Gas Chromatography (GC)Low Pressure Liquid Chromatography (LPLC)Flash ChromatographyThin Layer Chromatography (TLC)Ion ChromatographySupercritical Fluid Chromatography (SFC)Chromatography SoftwareLab AutomationAutomated WorkstationsRobotic SystemsAutomated Storage and Retrieval Systems (ASRS)Lab Automation SoftwareImmunoassay AnalyzersChemiluminescence ImmunoassayFluorescence ImmunoassayRadioimmunoassay (RIA)Colorimetric ImmunoassayOther Immunoassay AnalyzersImmunoassay SoftwarePCRRT-PCRConventional PCRDigital PCRPCR SoftwareSequencingFlow CytometryCell-Based Flow CytometersBead-Based Flow CytometersFlow Cytometry SoftwareIncubatorsMicroarrayDNA MicroarraysProtein MicroarrayTissue ArrayOther MicroarraysMicroarray SoftwareNote: Other microarrays segment includes glycan microarray, carbohydrate microarray, and chemical compounds microarrays
CentrifugesCentrifuges, by TypeDevicesMultipurpose CentrifugesMicrocentrifugesMini centrifugesUltracentrifugesOther CentrifugesCentrifuge AccessoriesCentrifuges, by ModelBenchtop CentrifugesFloor-standing CentrifugesCentrifuges, by ApplicationResearch ApplicationsGenomicsMicrobiologyCellomics ProteomicsClinical ApplicationsDiagnosticsBlood Processing and ScreeningOther ApplicationsElectrophoresisGel ElectrophoresisCapillary ElectrophoresisGel Documentation Systems and SoftwareOther EquipmentNote: Other equipment segment includes autoclaves, stirrers & shakers, mixers, baths, hot plates, ovens & furnaces, and balances
Life Science Equipment Market Assessment —by End User
Pharmaceutical and Biotechnology IndustryAcademic & Research InstitutesHospitals and Diagnostic LaboratoriesAnalytical Testing LaboratoriesAgriculture and Food IndustryForensic LaboratoriesOther End UsersNote: Other end users include blood banks and industries, such as cosmetics, chemicals, oil & gas, electronics & semiconductors, automotive, aerospace, ceramics, plastics, rubber, and paints & coatings
Life Science Equipment Market Assessment —by Geography
North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainSwitzerlandRest of Europe (RoE)Asia-Pacific (APAC)ChinaJapanIndiaSouth KoreaRest of APAC (RoAPAC)Latin AmericaBrazilMexicoRest of LATAM (RoLATAM)Middle East & AfricaSaudi ArabiaUAERest of Middle East & Africa (RoMEA)Unlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/26911858 
Related Reports:
Genomics Market by Offering (Systems, Consumables, Software, Services), Technology (Sequencing, Microarray, PCR), Application (Diagnostics, Life Science Research), End User (Pharmaceutical Companies, Hospitals, Academic Institutes, CRO) – Global Forecast to 2030
NGS Automation Market by Product (Platform, Consumables), Sequencing Type (Whole Genome, Exome, Targeted), Application (Drug Discovery, Diagnostics), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) – Global Forecast to 2029
Liquid Handling Systems Market by Type (Automated, Electronic, Manual), Product (Pipette, Consumables, Burette, Software, Microplate), Application (Drug Discovery, Cancer & Genomics, Clinical), End User (Hospital, Diagnostic Lab) – Global Forecast to 2029
High-Performance Liquid Chromatography (HPLC) Market by Product (Instruments [Systems, Detectors], Consumables [Columns, Tubes], Accessories, Software), Application (Forensics, Diagnostics), End User (Research, Pharmaceuticals) – Global Forecast to 2030
Next Generation Sequencing Market by Type (Consumables, NGS Platform, Software), Sequencing Type (Whole Genome, Targeted), Technology (Sequencing by Synthesis, Sequencing by Ligation), Application (Clinical, Research), End User – Global Forecasts to 2030
Chromatography Reagents Market by Type (GC, LC, TLC), Product (Solvents, Buffers, Reagents), Separation (Adsorption, Partition, Affinity), Application (Pharma, Forensic, Environmental, Cosmeceuticals, Diagnostics, QC), End User – Global Forecast to 2030
Related Blogs:
Top 10 Companies in Life Science Equipment Market
Life Science Equipment: The Role of Various Technologies
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact:Mr. Khushal BombeMeticulous Market Research Inc.1267 Willis St, Ste 200 Redding,California, 96001, U.S.USA: +1-646-781-8004Europe: +44-203-868-8738APAC: +91 744-7780008Email- [email protected] Visit Our Website: https://www.meticulousresearch.com/Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-researchContent Source: https://www.meticulousresearch.com/pressrelease/348/life-science-equipment-market-2031
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Artificial Intelligence

Public Safety and Security Market to Reach $ 514.1 Billion by 2031- Exclusive Report by Meticulous Research®

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2 hours ago

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May 20, 2024

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public-safety-and-security-market-to-reach-$-514.1-billion-by-2031-exclusive-report-by-meticulous-research

REDDING, Calif., May 20, 2024 /PRNewswire/ — According to a new market research report titled, ‘Public Safety and Security Market by Offering (Safety Devices, Safety Software, Safety Services), Technology (IoT, AI, Cloud Computing, ML), Application (Data Gathering, Mapping, and 3D Imaging), End Use (Warehouses & Depots, Workplaces, Shopping Malls & Retail Stores) and Geography, the global public safety and security market is expected to reach $514.1 billion by 2031 from an estimated $ 234.2 billion in 2024, at a CAGR of 11.9% during the forecast period (2024–2031).

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The growth of the public safety and security market is driven by the growing utilization of AI, ML, and analytics technologies in public safety and security applications, increasing awareness and initiatives for public safety and security, and government focus on managing the needs of the rising urban population. However, the significant initial investments required to implement public safety and security solutions restrain the growth of this market. The integration of cloud computing and big data analytics in public safety and security solutions and the rising incidence of terrorism and security breaches are expected to generate market growth opportunities. However, the complexities in implementing advanced public safety and security systems and the rising cases of data theft are major challenges for market stakeholders.
The global public safety and security market is segmented by offering, technology, application, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.
Based on offering, the global public safety and security market is segmented into safety devices, safety software, and safety services. In 2024, the safety services segment is expected to account for the largest share of 50% of the public safety and security market. The large market share of this segment is attributed to the increasing demand for specialized safety services to address specific safety and security challenges. Safety services such as critical infrastructure security, emergency medical, firefighting, and disaster management services are critical in ensuring the safety and well-being of citizens and critical assets.
Based on technology, the global public safety and security market is segmented into the internet of things, artificial intelligence, cloud computing, machine learning, cybersecurity, and other technologies. In 2024, the internet of things segment is expected to account for the largest share of the global public safety and security market. The large share of the segment is attributed to the rising demand for real-time data insights and improved situational awareness.
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Based on application, the global public safety and security market is segmented into data gathering, mapping and 3D imaging, threat detection, security and incident management, monitoring, fire and explosion examination, network security, and other applications. In 2024, the security and incident management segment is expected to account for the largest share of 18.5% of the public safety and security market. The large market share of this segment is attributed to the need to respond effectively to emergencies, the increasing adoption of smart city technologies, and the integration of IoT devices.
Based on end use, the global public safety and security market is segmented into warehouses & depots, workplaces, shopping malls & retail stores, schools & universities, hospitals & healthcare, residential, transportation, and other end uses. In 2024, the transportation segment is expected to account for the largest share of the global public safety and security market. The segment is estimated to contribute a revenue of USD 31.8 billion by 2024 in public safety and security market. The large share of this segment is attributed to the growing concern of terrorist threats and passenger safety. Advances in contactless ticketing and facial recognition for identity verification are driving the adoption of modern transportation security solutions. Furthermore, the implementation of AI-based video analytics for crowd monitoring contributes to the growth of this segment.
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Based on geography, the public safety and security market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of 40% of the public safety and security market. The North America public safety and security market is estimated to be worth USD 95.4 billion in 2024. The large share of this region is attributed to the rising adoption of digital technology and data due to the growing need for improving decision-making, promoting digital inclusivity and equity, creating a collaborative ecosystem, prioritizing citizen safety and health, establishing trust and transparency, and developing resilience and adaptability to manage change effectively.
However, the Europe public safety and security market is slated to register the highest CAGR of the global public safety and security market during the forecast period.
The key players operating in the global public safety and security market are Hexagon AB (Sweden), Fujitsu Ltd. (Japan), Robert Bosch GmbH (Germany), Atos SE (France), Cisco Systems, Inc. (U.S.) Saab AB (Sweden), Airbus SE (Netherlands), Siemens AG (Germany), Intel Corporation (U.S.), Fotokite AG (Switzerland), CityShob (Israel), 3xLOGIC (U.S.), L3Harris Technologies, Inc. (U.S.), OnSolve (U.S.) and Haystax (U.S.).
Brows In-depth Report- https://www.meticulousresearch.com/product/public-safety-and-security-market-5661 
Scope of the Report
Public Safety and Security Market, by Offering
Safety ServicesManaged ServicesDisaster Management ServicesCritical Infrastructure Security ServicesEmergency Medical ServicesFirefighting ServicesOther Managed ServicesProfessional ServicesSafety DevicesSurveillance CamerasSensorsRadarLiDARGeodetic SensorsGeotechnical and environmental sensorsOther SensorsBiometric and Authentication DevicesSafety AlarmsIntruder Detection DevicesCritical Communication DevicesOther Safety DevicesSafety SoftwareGeographic Information SystemsAccess Control SoftwareBuilding Management SoftwareVehicle Recognition SoftwareBehavior Analytics softwareOther Safety SoftwarePublic Safety and Security Market, by Technology
Internet of ThingsCybersecurityCloud ComputingMachine LearningArtificial IntelligenceOther TechnologiesPublic Safety and Security Market, by Application
Security and Incident ManagementThreat DetectionFire and Explosion ExaminationNetwork SecurityMonitoringData GatheringMapping and 3D ImagingOther ApplicationsPublic Safety and Security Market, by End Use
TransportationRoadwaysRailwaysAirwaysWaterwaysWorkplacesShopping malls & Retail storesResidentialHospitals & HealthcareWarehouses & DepotsSchools & UniversitiesOther End UsesPublic Safety and Security Market, by Geography       
North AmericaU.S.CanadaAsia-PacificChinaJapanIndiaSouth KoreaTaiwanRest of Asia-PacificEuropeGermanyU.K.FranceItalySpainRest of EuropeLatin AmericaMiddle East & AfricaUnlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/39886758
Related Reports:
Smart Cities Market by Solution (Smart Citizen Services, Smart Environment, Smart Buildings, Smart Transportation, Smart Utilities, Other Smart Solutions), Component (Hardware, Software, Services), Technology, Geography – Global Forecast to 2030
Smart Transportation Market by Transportation Mode, Product Type (Solutions & Services), Application (Mobility as a Service, Route Information, Route Guidance, Public Transport, Transit Hubs, Connected Cars), and Region – Global Forecast to 2028
Cybersecurity Market by Type (Network Security, Endpoint Security, Application Security, Cloud Security), Solution (Unified Threat Management, Antimalware, Firewall, Disaster Recovery, Web Filtering, DDS Management, Encryption) – Global Forecast to 2027
Security Analytics Market, by Offering, Deployment Mode, Security Type (Network, Cloud, Endpoint), Platform, Organization Size, Application, End-use Industry (Healthcare, Logistics, Government, Retail), and Geography—Global Forecasts to 2029
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact:Mr. Khushal BombeMeticulous Market Research Inc.1267 Willis St, Ste 200 Redding,California, 96001, U.S.USA: +1-646-781-8004Europe : +44-203-868-8738APAC: +91 744-7780008Email- [email protected] Visit Our Website: https://www.meticulousresearch.com/Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-researchContent Source: https://www.meticulousresearch.com/pressrelease/895/public-safety-and-security-market-2031
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Artificial Intelligence

ClearBlade & SAS have been positioned as the leaders in the 2024 SPARK Matrix™ for the global Internet of Things (IoT) Edge Analytics platform market by Quadrant Knowledge Solutions

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2 hours ago

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May 20, 2024

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clearblade-&-sas-have-been-positioned-as-the-leaders-in-the-2024-spark-matrix™-for-the-global-internet-of-things-(iot)-edge-analytics-platform-market-by-quadrant-knowledge-solutions

Shared market leadership underscores strong partnership in Edge AI applications
The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis and ranking of the leading Internet of Things (IoT) edge analytics platform vendors.ClearBlade’s comprehensive technology and customer experience management have received strong ratings for technology excellence and customer impact.SAS® Event Stream Processing, a sophisticated analytics platform tailored for edge computing, offers organizations the ability to process data close to its origin, facilitating faster and more informed decisions.MIDDLETON, Mass., May 20, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it named ClearBlade and SAS 2024 technology leaders in its SPARK Matrix: IoT Edge Analytics Platforms.

Quadrant Knowledge Solutions’ SPARK Matrix includes a detailed analysis of the global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides a competitive analysis and ranking of the leading technology vendors. It offers strategic information to users for evaluating the capabilities, competitive differentiation, and market positions of various vendors.
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“To streamline the development of IoT platforms, ClearBlade offers a comprehensive suite of developer tools, such as a web-based Integrated Development Environment (IDE), Command-Line Interface (CLI), and a devkit for local development. The company’s API-first approach, with local development options and edge runtime support, empowers developers to create and test applications locally, thereby enhancing their productivity. ClearBlade’s comprehensive rules processing engine enables analytics and action triggering based on predefined rules. The engine is supported by full code runtime and Open Neural Network Exchange (ONNX) frameworks for edge AI executions. ClearBlade’s platform ensures fault tolerance and data integrity through its robust synchronization capabilities, while its extensive support for various protocols and seamless integration with third-party applications enhance interoperability and expand analytical possibilities for IoT solutions. The company has received strong ratings across parameters of technology excellence and customer impact and has been positioned as a leader in the 2024 SPARK Matrix of the IoT Edge Analytics Platform Market,” said Quadrant Knowledge Solutions Analyst Vyshak K.Download report: https://quadrant-solutions.com/market-research/spark-matrix-iot-edge-analytics-platforms-q2-2024-3240
“We’re honored to be named the leader in IoT Edge Analytics Platforms alongside our partner SAS,” said ClearBlade Founder & CEO Eric Simone. “Our customers rely on our flexible IoT Edge application to not only connect their assets, but also to leverage machine data for real-time insights that improve safety, efficiency and sustainability. A great example of this is our solar farm work at SAS – we’re thrilled to share a leadership position with our innovative, valued partner.””With AI and IoT analytics offered by SAS and partners like ClearBlade, organizations in manufacturing, energy, transportation and government can optimize operations, enhance worker safety, improve maintenance strategies, reduce emissions, mitigate flooding and much more,” said Jason Mann, Vice President of IoT at data and AI leader SAS. “The latest SPARK Matrix for IoT edge analytics platforms underscores the leadership of SAS and ClearBlade and the value we provide to our customers.”Quadrant Knowledge Solutions defines the IoT edge analytics platform as “a software platform designed to collect, process, and analyze data generated by Internet of Things (IoT) devices at the edge of a network—close to the source where data is generated—and derive insights from it. The platform enables real-time or near-real-time analysis and decision-making without the need to send data to a centralized location for processing. By performing analytics at the edge, these platforms can reduce latency, bandwidth usage, and dependency on cloud services, making them ideal for use cases where real-time responsiveness, data privacy, or intermittent connectivity are critical factors. Overall, an IoT edge analytics platform empowers organizations to derive the potential of their IoT deployments by offering actionable insights and intelligence directly at the edge of the network. The key capabilities of an IoT edge analytics platform include data streaming, data management, edge analytics, fault tolerance and reliability, developer tools, and integration and interoperability.”
Additional Resources:
Download SPARK Matrix: IoT Edge Analytics PlatformsAbout ClearBlade
ClearBlade is the industry leading IoT, Edge AI and connected Digital Twins provider. On a mission to make the world more efficient, safer and sustainable, our customers bring their IoT visions to life with our award-winning, secure, flexible, autonomous, real-time and scalable software: IoT Core, Enterprise IoT, Edge AI and Intelligent Assets. Highly tailored to the buildings, transportation and energy industries, our software connects with any device, sensor, edge, cloud, or on-premise system via any protocol. The result is a highly flexible, transformative IoT solution … deployed, operational and driving ROI within weeks. For more information, please visit www.clearblade.com
Media ContactDanielle Schulz-Behrend, Marketing Director, ClearBladeEmail: [email protected]: (+1) (866) 999-3343
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth Advisory Services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://quadrant-solutions.com/market-research/
Media ContactMr. Ajinkya IngleQuadrant Knowledge SolutionsRegus Business Center35 Village Road, Suite 100Middleton Massachusetts 01949United StatesEmail: [email protected]: (+1) 978-344-2770Content Source: https://quadrant-solutions.com/press-release/clearblade-sas-have-been-positioned-as-the-leaders-in-the-2024-spark-matrix-for-the-global-internet-of-things-iot-edge-analytics-platform-market-by-quadrant-knowledge-solutions-610 Connect with us on LinkedIn- https://www.linkedin.com/company/quadrant-knowledge-solutions/
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