NEW YORK, June 22, 2023 /PRNewswire/ — The global data center infrastructure management (DCIM) solutions market size is estimated to grow by USD 7,556.47 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of over 19.38% during the forecast period. North America is estimated to account for 40% of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the critical reasons for the significant market share of North America in this market is that the region has been an early adopter of IT infrastructure…
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Forecasts future price and capacity for Nordic TSOs’ primary reserves Optimizes revenue generation from ancillary market servicesIntegrated with Nuvve GIVe V2G platform to benefit electric fleet customers SAN DIEGO, June 22, 2023 /PRNewswire/ — Nuvve Holding Corporation (Nasdaq: NVVE), a global leader in vehicle-to-grid technology and deployments, has launched its Astrea AI artificial intelligence technology to optimize revenue from ancillary services to Nordic transmission system operators from its V2G fleet customers. Astrea AI continuously forecasts prices and capacity for Nordic primary reserves to optimize energy market bids. This technology is based on Nuvve’s six plus years of experience providing regulation services in the…
WASHINGTON, June 22, 2023 /PRNewswire/ — Officials from government and international organisations gathered with leading experts, business leaders, and academics yesterday for the Debating the Digital Future forum, programmed by Economist Impact and supported by Google, to address the rapid development of next generation technologies and their impact on society. “We need to strike the right regulatory balance, one that takes into account some of these trade-offs and steers us towards a more positive path,” commented Kent Walker, president, global affairs, Google. Along with advances that include artificial intelligence, driverless cars, biotech and quantum, come important questions of privacy, security and…
AI-driven Supply Chain Customer Segmentation Capabilities to Enable Businesses to Effectively Maximize Revenue, Prioritize Order Fulfillment, Improve Customer Satisfaction and Enhance Share of Wallet PALO ALTO, Calif., June 22, 2023 /PRNewswire/ — ThroughPut Inc., the Industrial AI Supply Chain pioneer, today announced the addition of powerful customer segmentation capabilities aimed at helping its customers plan, manage, and fulfill demand more effectively. Currently, businesses largely segment customers based solely on a single variable, such as volume or sales, and only on an annual basis. As a result, they not only do not have a current and an in-depth understanding of their customers,…
DUBLIN, June 22, 2023 /PRNewswire/ — The “Generative Artificial Intelligence (GenAI) Augments Human Capabilities and Possibilities” report has been added to ResearchAndMarkets.com’s offering. Based on public data-trained models, Gen AI algorithms can generate new and creative information/data like the original content produced by humans. This phenomenon has created a massive buzz in the market, transforming how we search for information, create content, and conduct business. The latest developments in large language models and their consequent impact on generative AI-based solutions can potentially transform a range of sectors, workflows, and tasks like never before. As a growing ecosystem around technology takes…
Mike Desanti, President, LightPoint Financial Technology NEW YORK, June 22, 2023 /PRNewswire/ — AI adoption in capital markets is gaining momentum, with firms incorporating AI into trading and securities management. While rule-based systems and neural networks have been prevalent in these domains, the emergence of natural language-based transformer systems is making headlines. Among them, OpenAI’s ChatGPT stands out as a game-changer. It has the potential to transform buy-side firms such as hedge funds and asset managers. AI adoption in capital markets is gaining momentum, with firms incorporating AI into trading and securities management. Released in March 2023, GPT-4 represents a significant…
CHICAGO, June 22, 2023 /PRNewswire/ — Because of rising demand for smart devices and IoT, advancements in AI technology, the rise of edge computing, the development of autonomous systems, applications across various sectors, miniaturisation and energy efficiency, and the importance of data privacy and security, the future of the Embedded AI market appears promising. As AI becomes an intrinsic aspect of embedded systems, boosting their functionality and decision-making skills, this industry is likely to increase significantly. The global Embedded AI Market is projected to grow from USD 9.4 billion in 2023 to USD 18.0 billion by 2028 at a compound annual…
Former Splunk CEO to Lead Aviatrix’s Next Stage of Growth SANTA CLARA, Calif., June 22, 2023 /PRNewswire/ — Aviatrix, the pioneer of Secure Cloud Networking, today announced the appointment of Doug Merritt as CEO and President. He will also join the Aviatrix Board of Directors as Chairman. Merritt will succeed Steve Mullaney, who for the past four years has built Aviatrix into an industry-defining enterprise cloud networking and network security company. Former Splunk CEO Doug Merritt has been appointed CEO and President of secure cloud networking company Aviatrix. Merritt was previously CEO and President of Splunk. During Merritt’s six-year tenure…
Expanded partnership between MongoDB and Google Cloud enables developers to use state-of-the-art AI foundation models from Google to build new classes of generative AI applications with expert assistance and professional services NEW YORK, June 22, 2023 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today at its developer conference MongoDB.local NYC announced a new initiative in partnership with Google Cloud to help developers accelerate the use of generative AI and build new classes of applications. MongoDB Atlas is the multi-cloud developer data platform used by tens of thousands of customers and millions of developers globally to quickly build and scale applications using a…
MongoDB Atlas Vector Search dramatically simplifies bringing generative AI and semantic search into applications for highly engaging end-user experiences MongoDB Atlas Search Nodes now provide dedicated infrastructure for search use cases so customers can scale independently of their database to manage unpredictable spikes and high-throughput workloads with greater flexibility and operational efficiency MongoDB Atlas Stream Processing transforms building event-driven applications that react and respond in real-time by unifying how developer teams work with data-in-motion and data-at-rest MongoDB Atlas Time Series collections now make time series workloads more efficient at scale for use cases from predictive maintenance for factory equipment to…