DELRAY BEACH, Fla., Feb. 7, 2025 /PRNewswire/ — According to a research report ‘Generative AI Outlook 2025 – Shaping the Future of Creative Intelligence’ published by MarketsandMarkets, the global generative AI will grow from USD 20.9 Billion in 2024 to USD 32.2 billion by 2025 at a YoY increase of 53.7%. Browse in-depth TOC on ‘Generative AI Outlook 2025’60 – Tables50 – Figures80 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145595771 Generative AI providers focus on advancing multimodal AI models, personalized solutions, and explainability. Their strategies emphasize partnerships, ecosystem development, and sector-specific applications. Future trends include AI-IoT convergence, generative user interfaces, and AI-first applications, driving transformative industry-wide innovation. Generative AI developments…
Author: PRNEWSWIRE
“From Healthcare and Life Sciences to Oil & Gas and Diagnostics, BCC Research Highlights How AI is Transforming Industries, Enhancing Efficiency, and Accelerating Breakthroughs” BOSTON, Feb. 7, 2025 /PRNewswire/ — AI is the new trend in the market, making a significant impact across various sectors. It’s not just a buzzword; AI is revolutionizing how industries operate. By boosting efficiency, speeding up discoveries, and ultimately saving lives, AI is proving to be a game-changer. According to BCC Research, AI is leaving a lasting mark on industries from healthcare and life sciences to oil and gas and diagnostics. The global AI market is expected to…
DELRAY BEACH, Fla., Feb. 6, 2025 /PRNewswire/ — The global Quantum Key Distribution Market size is projected to grow from USD 0.48 billion in 2024 to USD 2.63 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 32.6% during the forecast period, according to a new report by MarketsandMarkets™. The growing need for secure data transmission is driving increased investments in R&D for QKD solutions from both public and private sectors. Government-backed initiatives, such as the U.S. National Quantum Initiative and the European Quantum Flagship, are advancing QKD technologies. Additionally, private sector efforts are ramping up, with collaborations and partnerships aiming to accelerate the development and…
ROAD TOWN, British Virgin Islands, Feb. 6, 2025 /PRNewswire/ — Finery Markets, a leading non-custodial crypto Electronic Communication Network (ECN) and provider of institutional trading solutions, has successfully completed its SOC 2 Type 2 examination. This milestone demonstrates the company’s dedication to maintaining robust security protocols and safeguarding client data in an evolving digital asset ecosystem. Finery Markets serves institutional clients across over 35 countries, offering a hybrid trading platform that seamlessly integrates aggregated order books and RFQ functionality. Completing the SOC 2 Type 2 examination highlights the company’s efforts to align its operations with the rigorous standards established in traditional financial markets, ensuring its clients…
Network innovator drives 300% YoY growth and receives industry recognition as enterprises embrace greater network operations autonomy and campus zero trust security SAN JOSE, Calif., Feb. 6, 2025 /PRNewswire/ — Nile, the pioneer of a new breed of enterprise network solutions that secure organizations from cyberattacks and automate network operations, today announced record revenue and customer acquisition growth in 2024. The company also received significant industry recognition for its unique Campus Network-as-a-Service (NaaS) approach, fueling a significant expansion across 16 countries. Top organizations like Carta, Jackson Financial, Schneider Electric, and many more have turned to Nile to modernize their network infrastructure, valuing its built-in security and…
The acquisition strengthens Encora’s digital engineering capabilities and expands its global footprint with new centers across India, Europe, and the Americas. SANTA CLARA, Calif., Feb. 6, 2025 /PRNewswire/ — Encora, a global leader in digital engineering and transformation, today announced the acquisition of a business capabilities portfolio from DMI. This acquisition expands Encora’s ability to deliver agile and scalable digital transformation solutions in areas such as enterprise digital engineering, customer engagement and commerce transformation while enabling DMI to concentrate on its core mission of providing measurable outcomes for Federal, State, Local, and Commercial Managed Service customers. DMI’s expertise as a provider of application development…
ABU DHABI, UAE, Feb. 6, 2025 /PRNewswire/ — G42, the UAE-based technology group, today announced the publication of its Frontier AI Safety Framework, reinforcing its commitment to the AI Seoul Summit’s Frontier AI Safety Commitments and the Bletchley Declaration. The framework sets clear protocols for risk assessment, governance, and external oversight to ensure the safe and responsible development of advanced AI models. As AI capabilities continue to advance, G42’s framework establishes frontier capability thresholds, independent governance mechanisms, and deployment safeguards to identify and mitigate AI risks before they become critical. This approach aligns with global best practices and contributes to ongoing AI…
New Report Reveals 2024 Software Spending Trends and What They Mean for 2025 NEW YORK, Feb. 6, 2025 /PRNewswire/ — Software spending jumped 10% in 2024, as suppliers added an abundance of AI features that generally increased overall costs, according to new analysis of $11B in corporate technology spending from Tropic, the intelligent spend management company. The report also shows OpenAI led all software vendors with a 146% year-over-year growth rate, while some traditional enterprise tools like Salesforce and Slack saw their market share decline slightly, for the first time in several years. “Companies are continuing to aggressively invest in software but are being really smart…
Board Appointments of Trevor Healy and Andy Walter Enhance Strategic Vision and Leadership NEW YORK, Feb. 6, 2025 /PRNewswire/ — Pecan AI, recognized for its innovation in predictive analytics, has unveiled its new co-pilot for Predictive Modeling, designed to enable organizations to harness predictive analytics without reliance on data scientists. The platform enables business intelligence (BI) analysts to independently train machine learning models and deliver predictive insights, marking a significant step in democratizing AI for businesses of all sizes. “With our predictive modeling co-pilot, we address key challenges such as simplifying complex workflows and enabling seamless adoption of predictive analytics- a first of its kind,” said Zohar…
Info-Tech Research Group, a global leader in IT research and advisory, has unveiled its Infrastructure and Operations Priorities 2025 report, highlighting essential strategies for I&O leaders to navigate the rapidly shifting technology landscape. The annual report provides actionable guidance on leveraging automation, strengthening resilience, and managing SaaS growth while addressing critical challenges such as technical debt and evolving workforce demands. With a focus on driving long-term value, the report equips I&O teams to proactively transform operations and align with organizational goals in 2025. TORONTO, Feb. 6, 2025 /PRNewswire/ – As the IT landscape continues to evolve at an exponential pace, Info-Tech Research Group has…