The latest update of the IDC Worldwide Semiannual Smart Cities Spending Guide expects spending on technologies that enable Smart Cities initiatives to reach a value amounting to USD $30 billion (€26.10 billion) in 2018 for Asia/Pacific excluding Japan (APeJ). (more…)
August 21, 2018
Posted by: Anasia D'mello
The AI bubble is due to burst after several years of sustained hype have generated unrealistic expectations that cannot be met and excessive investments that cannot possibly be paid back. (more…)
August 20, 2018
Posted by: Anasia D'mello
Rapidly-growing data aggregation specialists, Collision Management Systems (CMS) received a £1.25 million (€1.41 million) investment from BGF, following the launch of its telematics data aggregation, risk management and crash detection software for Telematics and Insurance businesses. (more…)
July 27, 2018
Posted by: Zenobia Hegde
The Internet of Things (IoT) is having a huge impact, with experts anticipating a significant increase in adoption of the technology, particularly across the enterprise. Growth Enabler predicts that the global IoT market is set to grow to $457.29 billion (€392.71 billion) by 2020 driven in part by the acceptance, (more…)
July 18, 2018
Posted by: Zenobia Hegde
Zebra Medical Vision, a machine and deep learning start-up, has raised $30 million (€25.47 million) in C round funding, bringing the total investment in the company to $50 million (€42.45 million). The company is also unveiling its Textray chest X-Ray research, which it claims is the most comprehensive AI research (more…)
June 8, 2018
Posted by: Zenobia Hegde
Artificial Intelligence (AI) is driving a paradigm shift in how nations prepare for the digital economy and could almost double the value of the global digital economy to $23 trillion (€19.68 trillion) by 2025 from $12.9 trillion (€11.04 trillion) in 2017 when it accounted for 17.1% of global GDP. (more…)
June 1, 2018
Posted by: Zenobia Hegde
Breed Reply, an active operational investor in early-stage Internet of Things (IoT) businesses, has launched a new Europe-wide search for IoT investment opportunities. It is the seventh time Breed Reply has run its “Best in Breed” programme where start-ups with exciting IoT innovations and products (more…)
February 5, 2018
Posted by: Zenobia Hegde
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…)
January 24, 2018
Posted by: Zenobia Hegde
Huawei is participating in the Smart City Expo World Congress 2017 (SCEWC) in Barcelona under the theme of “Leading New ICT, Creating a Smart City Nervous System”. This highlights how a Smart City can be like a living organism that works seamlessly to continuously learn and enhance the city’s services. (more…)
November 16, 2017
Posted by: Zenobia Hegde
Artificial Intelligence (AI) and the Internet of Things (IoT) are set to revolutionise the way we live, work and play. Everyday items in the home will be connected in unprecedented ways and tasks traditionally carried out by humans will be replaced by automation and robotics. (more…)
Posted by: Zenobia Hegde