Press Releases

Smart city tech to drive over 5% incremental GDP, trillions in economic growth over the next decade reports ABI Research

The positive impact of smart city technologies on economic development could see cities locking in incremental growth of over 5% and driving more than $20 trillion (€16.21 trillion) in additional economic benefits over the coming decade. These are the findings of a new whitepaper by ABI Research (more…)

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January 24, 2018

Posted by: Zenobia Hegde

Fully-automated roboadvisors to manage nearly $1tn assets by 2022, says Juniper Research

New data from Juniper Research has found that roboadvisors (digital wealth management platforms) under full control of AI systems will reach $987 billion per annum in AUM (assets under management) by 2022. (more…)

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January 18, 2018

Posted by: Zenobia Hegde

Europe falls behind US in adoption of AI-led security, as half of firms surveyed say IoT is making it harder to stay secure

IoT (Internet of Things) strategies are hampering security management, with almost half (47%) of executives in a new survey saying it has become more difficult to stay secure in the last year. This is one of the key findings of the 2017-2018 Global Application and Network Security Report, (more…)

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January 17, 2018

Posted by: Zenobia Hegde

TiTAN AI Robot uses facial and speech recognition to read your emotions and make suitable recommendations

TiTAN AI Robot from TiTAN Platform™, a smart content and device company, not only responds to verbal requests (What’s the weather forecast? Did the Cubs win? Play Bob Dylan! Turn on the house lights!) but also gets visual (showing your calendar for the day, home security cameras, your BFF on a video call, (more…)

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January 16, 2018

Posted by: Zenobia Hegde

Cybeats raises seed round of investment led by iNovia Capital to create ‘immune system’ for IoT devices

Cybersecurity company Cybeats, which provides continuous cyber defence solution for Enterprise IoT infrastructure, announced it has raised a seed round of investment from iNovia CapitalMaple Leaf Angels (MLA48 II), and cybersecurity industry insiders Dr. Richard ReinerBrian O’Higgins, and Brian Bourne. (more…)

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Posted by: Zenobia Hegde

UK telecoms, energy, and financial sectors paying out more than ever, finds Servion

Organisations in the telecoms, energy, and financial sectors need to do more to meet increasing customer expectations. This is the finding of customer experience specialist firm Servion, following enquiries made to the UK Ombudsman Services Ltd and the Financial Ombudsman Service. (more…)

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January 11, 2018

Posted by: Zenobia Hegde

AI and digital assistants to surge in 2018, IHS Markit says

As they become more ubiquitous in homes and in various consumer electronics products, artificial intelligence (AI) and digital assistants are likely to be two of the major overarching themes at this week’s 2018 Consumer Electronics Show (CES). (more…)

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January 8, 2018

Posted by: Zenobia Hegde

Avnet introduces IoTconnect software platform and smart connectivity solutions

Avnet, a global technology distributor, announced its IoTConnect cloud-based software platform and a portfolio of smart, market-ready connectivity solutions built around the platform to help organisations jump-start development of IoT-enabled systems and services.

(more…)

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January 5, 2018

Posted by: Zenobia Hegde

IoT platform collaborations and consolidation are coming

The Internet of Things (IoT) is hotter than ever and in 2018 there will be more collaboration between market leaders, even as the community of 300+ platforms begins inevitable consolidation. According to Matt Smith, CTO at Software AG, artificial intelligence (AI) and machine learning (ML) will begin to infiltrate IoT platforms and devices and new business models will flourish. (more…)

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January 4, 2018

Posted by: Zenobia Hegde

Fujitsu and Microsoft team up for artificial intelligence

Fujitsu Limited and Microsoft Corporation announced their agreement to collaborate in the field of artificial intelligence to accelerate the transformation of the ways people work in companies. The two companies are entering into this agreement to jointly build new solutions that transform the ways people work. (more…)

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December 29, 2017

Posted by: Zenobia Hegde