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The MarketWatch News Department was not involved in the creation of this content.

Jul 29, 2022 (AmericaNewsHour) -- Kenneth Research, in its repository of market research reports, have recently added a report on Global Education Technology Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Global Education Technology Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Education Technology Market products.

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The growth of the market can be attributed to the growing accessibility to internet amongst the households globally and the need for advanced technologies that promote effective communication between two distant geographies. In the United States, internet access to households grew from around 73% of the households in 2015 to close to 80% of the households in 2019. In Korea, it was around 98% in 2014 which grew to nearly 100% in 2020. On the other hand, in the Netherlands, internet access to households touched nearly 98% in 2019. Countries in the Latin America, such as Brazil and Mexico grew at a significant pace by about 1.45x and 1.63x respectively within a span of 4 years between 2015 and 2019.

The Global Education Technology Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2024, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

The education industry has witnessed dramatic changes in the past decade and is still undergoing radical process changes in the delivery of its products and services. The advancements in technology and innovations are changing the market scenario and increasing the need for cost-effective and superior customer services. There is an increasing need for the implementation of technological innovations in the educational processes and data to enable better decision plans, greater responsiveness to customer demands, improved product design & quality, and faster turnaround times.

"Final Report will add the analysis of the impact of COVID-19 on this industry."

The availability of basic digital infrastructure is a key driver for education technology that will impel the prospects for the market growth during the forecast period. The availability of an essential infrastructure that offers technical support to staff and students is critical to the successful implementation of online learning and teaching in institutions across all levels. In addition, the academic institutions across the world are providing off-campus licenses for software, repositories for course & study materials and online course catalogs. This has resulted in a wider acceptance of digital modes of learning, giving a further boost to the growth of the education technology market.

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Regions and Vendors Analysis:
The report contains an in-depth analysis of the vendors profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The key and the prominent vendors covered in the report include Google Inc., Microsoft Corporation, IBM, Apple Inc., EdX, Byju's, and others. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.
The regions covered in the report are North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The revenue is generated mainly from North America, Europe, and Asia Pacific. North America is leading the market, followed by Europe, with Asia Pacific emerging in the education technology market.

Benefits
The report provides an in-depth analysis of the global education technology market aiming to reduce time to market for educational products and services, reduce operational cost, and operational performance. The growth of the education technology market is driven by the growing Internet usage among the population, increased use of cloud-based technology by education service companies, use of mobile-based applications along with cross-industry partnerships, and a significant increase in venture capital investments. The evolution of technologies such as cloud computing, cognitive computing, and machine learning are paving the way for the growth of education technology. Major companies such as IBM, Microsoft, Apple, and Google among others are providing solutions related to education technology; for instance, IBM's Watson for education technology and Google's G Suite for education. The report provides details about educational systems, end-users, and regions. Furthermore, the report provides details about the major challenges impacting the market growth.

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About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial subjects to help our clients make their informed decisions.
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Killexams : Amentum Recognized as the Best Maximo Asset Data Governance Program at the 2022 MaximoWorld Conference

Amentum, a premier global government and private-sector partner supporting the most critical missions of government and commercial organizations worldwide, was awarded Best Maximo Asset Data Governance Program at the 2022 MaximoWorld Conference in Austin, TX, today for their work with Interloc Solutions, Inc. (Interloc) in optimizing data and decision making through a progressive and reliability centered data governance strategy. MaximoWorld, hosted by ReliabilityWeb.com, for over 20 years, has been the largest cross-industry gathering for Maximo users, partners, and subject matter experts.

AUSTIN, Texas, Aug. 9, 2022 /PRNewswire-PRWeb/ -- Amentum, a premier global government and private-sector partner supporting the most critical missions of government and commercial organizations worldwide, was awarded Best Maximo Asset Data Governance Program at the 2022 MaximoWorld Conference in Austin, TX, today for their work with Interloc Solutions, Inc. (Interloc) in optimizing data and decision making through a progressive and reliability centered data governance strategy. MaximoWorld, hosted by ReliabilityWeb.com, for over 20 years, has been the largest cross-industry gathering for Maximo users, partners, and subject matter experts.

Through an IBM Maximo Asset Management data governance strategy, elevated and enabled by Interloc's Mobility first philosophy to EAM, Amentum fosters excellent data quality, asset knowledge, and decision-making for its clients its clients around the world. By employing a program that enhances data quality through real-time visibility, and improved inspections and data readings, Amentum increases its asset knowledge, and predictive maintenance capabilities and analysis, giving its clients a proactive edge. Amentum's award-winning approach decreases mean time to repair (MTTR) and increases mean time between failures (MTBF) for its clients' key assets by taking advantage of the quality Maximo data gained via Mobile Informer and analyzing it through a robust data analytics platform.

Amentum's emphasis on mobility has also resulted in significant gains for its clients' sustainability initiatives. Mobile Informer's ability to eliminate reliance on paper-based procedures and immensely Boost data collection and quality led to one client in particular saving tens of thousands of dollars in annual paper, toner, and labor costs, as well as a near 20,000 lbs reduction in annual C02 emissions.

Data drives decision-making, and thanks to the powerful capabilities of and an innovative and progressive approach to Maximo, Amentum is making the best possible decisions based on the highest quality data for its clients around the world.

About Amentum

Headquartered in Germantown, Md., Amentum is a premier global services partner supporting critical programs of national significance across defense, security, intelligence, energy, commercial and environmental sectors. Amentum employs approximately 57,000 people on all seven continents and draws from a century-old heritage of operational excellence, mission focus, and successful execution. Amentum's reliability-centered and data-driven approach to asset management has proven successful at critical industrial and manufacturing facilities across various industries and facilities, such as pharmaceutical, life sciences, heavy industrial manufacturing, chemical refinement, aviation, automotive production, data centers, consumer production, industrial production, and more.

Learn more about Amentum at https://www.amentum.com/ .

About Interloc Solutions

Since 2005, Interloc Solutions, an IBM Gold Business Partner and the largest independent IBM Maximo Enterprise Asset Management systems integrator in North America, has been helping clients and partners realize the greatest potential from their Maximo investment, providing application hosting, innovative consulting, and managed services. Interloc has enhanced the implementation and adoption of Maximo through its transformative Mobile Informer solution, which is currently in use across a wide range of disciplines and industries— including U.S. Federal Agencies, Utilities, Transportation, Airport Operations, Manufacturing, Healthcare, and the Oil and Gas.

As a consulting organization of highly qualified technology and maintenance professionals, experienced in all versions of Maximo, Interloc excels in delivering comprehensive, best-practice Maximo EAM consulting services and mobile solutions.

Learn more about Interloc's award-winning services and solutions at http://www.interlocsolutions.com .

Media Contact

Scott Peluso, Interloc Solutions, 9168174590, info@interlocsolutions.com

SOURCE Interloc Solutions

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Killexams : Appointment of Ashok Reddy as CEO of KX

 LONDON, Aug. 5, 2022 /PRNewswire/ -- FD Technologies announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating.

With an established track record of building and growing global technology businesses, Reddy joins KX at an optimal moment, with growth in annual recurring revenue accelerating and the signing of a landmark strategic partnership agreement with Microsoft earlier this year positioning KX for further growth. 

"The market opportunity for KX is considerable," said Reddy. "Real-time analytics is one of the most exciting spaces in technology today, and the opportunity for KX is evidenced by the growing number of new customer agreements in industries outside our core financial services base. I'm looking forward to leading the business, using my experience in developing and implementing strategies that deliver rapid growth to create value for stakeholders."

Reddy has more than 20 years of experience leading teams and driving revenue for Fortune 500 companies. He spent ten years at IBM where he led the end-to-end delivery of enterprise products and platforms for a diverse portfolio of global customers. During his tenure, he more than doubled revenue and created a DevOps category that exceeded $350m in new revenue. 

At CA Technologies, Reddy delivered growth in revenue and profitability, focused on the world's largest financial services customers and cloud-based DevOps and AIOps product lines. A similar role at semiconductor firm Broadcom saw Reddy establish the company's first enterprise software division and the formulation and implementation of a new business model that drove growth and more than tripled net margins in less than a year. Most recently, Ashok was the CEO of Digital.AI, driving rapid revenue growth and establishing it as the leader in AI-driven DevOps value stream management. 

Commenting on the appointment, FD Technologies CEO Seamus Keating said: "We're delighted to have Ashok join as CEO of KX. His track record of success in enterprise software, driving product and commercial strategies is a perfect fit as we look to accelerate our growth following a transformational year for the business." 

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, the leading technology for real-time continuous intelligence; First Derivative, which provides technology-led services in capital markets; and MRP, the only enterprise-class, predictive Accounts Based Marketing solution. FD Technologies operates from 14 locations across Europe, North America and Asia Pacific, and employs more than 3,000 people worldwide.

For further information, please visit www.fdtechnologies.com and www.kx.com
CONTACT:
Kristin Davie,
kdavie@fdtechnologies.com

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SOURCE KX

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Killexams : Furniture chain polishes up delivery performance with VMI software

When your claim to fame is your “buy it today, get it tomorrow” delivery promise, you’d better be prepared to make good on that pledge. But that can be a tall order—particularly if you’re a retailer that transports big and bulky items across a sprawling geographic territory. 

That was case with Conn’s HomePlus, a furniture, mattress, electronics, and appliance store chain based in The Woodlands, Texas. Launched 130 years ago as a small plumbing and heating company, the retailer today operates almost 150 retail locations across 15 Southern and Western states. 

In 2019, as business grew, Conn’s started looking into vendor managed inventory (VMI) solutions as a way to “help [the retailer’s] merchant teams get ahead of the buys,” Michael H. Luckett II, the company’s executive director of logistics and IT management, said in a release. “We were looking to arrive at something that would allow us to see inventory more clearly and move inventory without a lot of manual intervention.”

SMOOTHING THE FLOW

Conn’s has long relied on a hub-and-spoke distribution model, moving replenishment products through a distribution network that includes two regional distribution centers (RDCs) and 11 hub-spoke distribution centers (DCs) and on to 146 retail stores. For the past 40 years, the team managed store replenishment allocation on a “vintage” IBM AS/400 business system that was short on modern analytics capabilities. Conn’s replenishment forecasting required considerable manual effort, with help from spreadsheets and a traditional “min/max” replenishment method, according to the company.

“As a product got down to the ‘min,’ it would buy back to the ‘max,’” Patrick Wehby, an industrial engineer with Conn’s, explained in the release. “It’s very much a feast-or-famine mindset that isn’t great for truck utilization, and also you’re touching the product more often [than strictly necessary] because you’re picking fewer items at any one time.”

As it happened, Conn’s was implementing an EDI (electronic data interchange) solution from software developer TrueCommerce at the time. As that conversation evolved, other TrueCommerce solutions came into the picture—including the developer’s vendor managed inventory software, or VMI.

As the talks progressed, however, it became clear that VMI wasn’t exactly a perfect fit. Although the software offered the features Conn’s was looking for—namely, store replenishment allocation and truck load planning—what the retailer actually wanted wasn’t “really” VMI at all, as its vendors are not involved. “In our implementation, the inventory is going out to our own facilities, not coming in from vendors,” Luckett explained. 

In the end, the TrueCommerce VMI proved close enough. After extensive consultation with its client, the company was able to develop a customized version that checked all the boxes.

A CONTROLLED ROLLOUT

The first step in the implementation was a controlled rollout to the retail chain’s RDCs and 11 hub-spoke DCs, where the new user-friendly solution was readily embraced by managers whose jobs quickly became much easier. After a couple of months to work out the bugs, Conn’s expanded the new replenishment solution to its retail stores.

The new system automates the manual process the teams use to build truckloads and release orders. This removes all the guesswork from the DCs’ part, leading to more efficient truck utilization and lower truck counts. And by automating the load-planning process, the VMI solution also ensures that all of the items fit in the truck. This greatly reduces labor and management oversight requirements at the central warehouse and DCs, while also making picking and truck utilization much more efficient.

Within weeks of implementing TrueCommerce’s solution, Conn’s started seeing a return on its investment, according to leaders from the two companies. Wehby estimates that about 75% to 80% of the benefit from TrueCommerce VMI for warehouse operations has come from automating the load-building process alone.

Further, the new VMI has helped the company step up its replenishment game. Now that it has better replenishment forecasts and data, the company has seen a significant drop in product returns, a reduction in transfer movement and product damage (a result of the drop in returns), and fewer out-of-stocks and lower not-in-stock numbers, which helps boost product availability and sales.

With a successful implementation under their belts, both Conn’s HomePlus and TrueCommerce say they’re looking to expand the scope of their partnership. “We’re growing as a business, and we’re expecting TrueCommerce to grow right along with us,” Luckett said in the release.

Diane Rand is Associate Editor and has several years of magazine editing and production experience. She previously worked as a production editor for Logistics Management and Supply Chain Management Review. She joined the editorial staff in 2015. She is responsible for managing digital, editorial, and production projects for DC Velocity and its sister magazine, Supply Chain Quarterly.

Fri, 22 Jul 2022 06:02:00 -0500 en text/html https://www.dcvelocity.com/articles/55116-furniture-chain-polishes-up-delivery-performance-with-vmi-software
Killexams : 4 Ways Alternative Data Is Improving Fintech Companies in APAC

Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning.

According to a report by Grand View Research, Inc., the global AI in fintech market size is expected to reach US$41.16 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.7% in Asia-Pacific alone from 2022 to 2030.

The success of AI in fintech, or any business for that matter, hinges on an organisation’s ability to make accurate predictions based on data.

While internal data (first-party data) needs to be factored into AI models, this data often fails to capture critical predictive features, causing these models to underperform. In these situations, alternative data and feature enrichment can establish a powerful advantage.

Enriching first party data with highly predictive features adds the necessary breadth, depth and scale needed to increase the accuracy of machine learning models.

Here’s a look at four data enrichment strategies for certain use cases and processes that fintech companies can leverage to grow their business and manage risk.

1. Improving Know Your Customer (KYC) Verification Processes

Source: Adobe Stock

Generally, all fintech companies can benefit from AI-driven KYC implementation with enough data and a highly predictive model.

Fintech companies can look at enriching their internal data with large scale, high quality alternative data to compare with customer inputs, such as address, to help verify customer identity.

These machine-generated insights can be more accurate than manual ones and serve as a layer of protection against human error and can also speed up customer onboarding.

The accurate and near real-time verification can help Boost overall user experience which in turn boosts customer conversion rates.

2. Enhancing Risk Modeling to Boost Credit Availability

Many fintech firms provide consumer credit via virtual credit cards or e-wallets and oftentimes, with a pay later scheme.

The last five years have seen rapid emergence of these companies, with the majority in emerging markets such as Southeast Asia and Latin America, where there is limited availability of credit among the broader population.

Since the majority of applicants lack traditional credit scores, this new breed of credit provider must use different methods to assess risk and make quick accept or decline decisions.

In response to this, these companies are building their own risk assessment models that supplant traditional risk scoring using alternative data, often sourced from third party data providers. This method produces models that act as proxies of traditional risk markers.

By leveraging the power of AI and alternative consumer data, it’s possible to assess risk with a level of precision comparable to traditional credit bureaus.

3. Understanding High-Value Customers to Reach Similar Prospects

Source: iStock

First-party data is usually limited to consumers’ interactions with the business collecting it.

Alternative data can be particularly valuable when used to deepen a fintech’s understanding of its best customers. This allows businesses to focus on serving the audiences that drive the greatest value.

It also empowers them to identify lookalike audiences of prospects that share the same characteristics.

For example, fintech firms that provide some kind of credit may employ predictive modeling to build portraits of their highest-value customers and then score consumers based on their fit against these attributes.

To achieve this, they combine their internal data with third-party predictive features like life stages, interests and travel intent.

This model can be used to reach new audiences with the greatest likelihood of turning into high-value customers.

4. Powering Affinity Models with Unique Behavioral Insights

Affinity modeling is similar to the risk modeling described above. But while risk modeling determines the likelihood of unwanted outcomes such as credit defaults, affinity modeling predicts the likelihood of desired outcomes, such as offer acceptance.

Specifically, affinity analysis helps fintech companies determine which customers are most likely to buy into other products and services based on their buying history, demographics or individual behavior.

This information enables more effective cross-selling, upselling, loyalty programmes and personalised experiences, leading customers to new products and service upgrades.

These affinity models, like the credit risk models described above, are constructed by applying machine learning on consumer data.

Sometimes it’s possible to create these models using first-party data containing details like historical purchases and financial behavior data, however this data is increasingly common among financial services.

To construct affinity models with greater reach and accuracy, fintech firms can combine their data with unique behavioral insights such as app usage and interests outside of their environment to understand which customers have the propensity to purchase new offerings, as well as recommend the next-best product that matches their preferences.

The Business Case for Data and AI in Fintech

If you don’t adopt a plan to leverage alternative data and AI in your fintech company soon, you’ll likely be left behind.

IBM Global AI Adoption Index 2022 says 35% of companies today have reported using AI in their business, and an additional 42% reported they are exploring AI.

In a Tribe report Fintech Five by Five, 70% of fintechs already use AI with wider adoption expected by 2025. 90% of them use APIs and 38% of respondents think the biggest future application of AI will be predictions of consumer behavior.

Regardless of the product or service being offered, modern consumers are coming to expect the smart, personalised experiences that come along with access to data, predictive modeling, AI and marketing automation.

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Killexams : Dubber Global Sales Momentum Continues in 4Q FY22

June 2022 Quarterly Activities Report

MELBOURNE, Australia, July 28, 2022 /PRNewswire/ -- Dubber Corporation Limited (ASX:DUB) (‘Dubber’ or ‘the Company’), the leading unified call recording and voice intelligence platform to telecommunication service providers globally, today reports its 4Q FY22 Appendix 4C and Quarterly Activities to 30 June 2022.

4Q FY22 Highlights

  • Annualised Recurring Revenue (ARR) increased by $5m QoQ to $59m (+51% pcp)
  • Operating Revenue increased to $10.3m[1], up 12% QoQ (+41% pcp)
  • Total annual revenue increased to $36m[1], up 75% on the previous financial year
  • Cash receipts for the year were $29.9m, up 48% on the previous financial year
  • Gross Margin on current revenues exceeded 70%
  • Dubber subscribers exceed 580,000 (+38% pcp)
  • Cash on hand at 30 June 2022 was $84.3m
  • Dubber is fully funded and continues to invest in contracted and future growth with a focus on winning new service providers and expanding organic growth of users via the Dubber platform
  • Appointments: Sarah Diamond (to be appointed) as Independent Non-Executive Director; Michael Abenhaim, SVP, Americas

The fourth quarter of FY22 saw the Company continue to scale up its business operations in line with global opportunities for its services as the telecommunications sector continues to be disrupted with major service providers seeking value added services and differentiation.

“In a period of macroeconomic uncertainty, we are proving the durability of both our revenue and value proposition for service providers and their customers. We continue to experience strong demand signals globally and are conservatively deploying our capital to ensure we execute against the opportunities before us,” said Steve McGovern, CEO & Managing Director, Dubber.

[1] Subject to audit.
All references are in AUD; pcp: previous corresponding period
ARR is calculated as the next 12 months subscription revenue, net of incentives.

Strategy Driving Compelling Outcomes

Revenue increased $1.1m QoQ to $10.3m[1], from sales executed in the previous quarter and reflecting service provider demand and continuing growth in subscribers. Annual revenue was $36m[1], up 75% on the previous financial year, with a reduction of costs when non-recurring costs are removed.

Annualised Recurring Revenue (ARR) increased by $5m to $59m. On a constant currency basis, ARR was $60m.

The Company continues to experience growth in contracted revenue and the increase in ARR includes adjustments for contracted deployments which have been delayed beyond the quarter as service providers productise Dubber’s services into their operations support (OSS) and business support (BSS) systems. The Company still retains the contracted revenues from these partnerships on a forward basis.

To date, revenues have been largely driven by call recording service agreements. However, Dubber is currently engaged predominantly with tier one service providers regarding long term strategies for monetising the content from their calling networks. The adjusted growth in the quarter reflects the timing of Dubber’s availability in major service provider networks and enterprise deployments. Revenue can be impacted by implementation from contract signing to deployment. The company remains extremely positive on the ARR outlook for FY23.

Cash receipts in the quarter were $6.7m, down $1.8m on the prior quarter due to outstanding payments. Outstanding payments are anticipated in the September quarter with a portion received in July. In addition, the Company advises it has invoiced for new deals delivered late in the quarter which are expected to be received on an ongoing basis.

The global acceleration by service providers to unlock the power of communication data within their networks has stimulated investment activity by Dubber in the quarter. The Company pursued its strategy to enable existing global service providers and connect new ones with the purpose of delivering an expanding suite of services that is applicable for the entirety of the end users on their networks.

Recurring call recording revenue is to date, the predominant income stream for the Company and has a ‘cloud scale’ business model with associated margins. Currently, the Company’s recording revenue is supported by direct expenditure which results in a gross margin which is in excess of 70% for the first time.

The Company has a global platform at scale which can support significant increases in subscribers and, for the foreseeable future, gross margins will continue to Boost as more customers are added to the Dubber platform.

The Company has recruited a world-class product and engineering team in FY2022 and is focussed on delivering a ‘manufacturing line’ of scalable and repeatable products for which there is existing demand. Since the capital raise in July 2021 and the subsequent acquisition of Notiv in September 2021, the Company is able to invest in line with its global strategy.

During the quarter, the company invested based on demand by:

  • Extending engineering capabilities to develop the next generation of features and functions on the platform and in Dubber products, such as AI driven products born out of Notes by Dubber, that specifically drive user and revenue growth via service providers
  • Expanding Dubber’s regional footprint in sales in the Americas. The Americas team increased in size by 15 employees since the beginning of the calendar year, across the United States, Canada and Central America, adding significant experience of telecommunications and service provider knowledge from companies such as Cisco, Broadsoft and RingCentral. Michael Abenhaim joined Dubber in April, as Senior Vice President of Americas. Mr Abenheim brings more than 25 years of experience in selling and managing sales teams to telecommunications service providers with Cisco Broadsoft and, most recently, with RingCentral.

These initiatives remain pivotal to servicing major partnerships ahead of deployment in networks and to subscribers and supporting demand globally.

Business Performance Update

The Dubber platform is the only platform globally that can capture conversational data across multiple communication platforms as a native feature of service provider networks. Dubber enables both service providers and their enterprise, government, and business customers to extract value from every conversation.

More than voice recording and transcription, Dubber’s AI conversational intelligence platform improves customer experience and remote workforce collaboration, easily and intuitively supporting compliance requirements and enabling training and dispute resolution without the requirement for hardware or capital expenditure.

A key element of Dubber’s strategy is to extend its footprint with major service providers as Foundation Partners, where a Dubber service is embedded as a standard feature of every subscription on the service provider network as part of the telecommunications plan. Momentum with Foundation Partners continued late in the quarter and into the new financial year.

  • USA-based NUWAVE is one of the fastest-growing providers of Microsoft voice services in North America and a key player in the Microsoft Operator Connect calling program. NUWAVE will deploy Dubber as a standard feature, at zero cost to the customer, when supplying Microsoft Teams on the NUWAVE iPILOT 2.0 Platform. The initial offering will enable an upgrade path for NUWAVE’s end users to subscribe to Dubber’s Unified Recording and Unified Recording+AI services which are integrated into iPILOT for automatic provision and available to NUWAVE clients from 1 August 2022. Other Dubber services are expected to be available to NUWAVE clients subsequently
  • USA Unified Communications provider Ziro will launch Dubber Moments, an AI driven productivity widget which has been born out of Notes by Dubber (previously acquired from Notiv), which is automatically embedded within the Microsoft Teams application for every Ziro user. This provides speed to revenue for Dubber, and a seamless upgrade path for users to take advantage of the full Notes by Dubber experience, driving increased ARPU for Ziro and Dubber
  • Dubber is in active negotiations with major service providers to implement Notes by Dubber in other major service provider networks and positive demand for both subscriptions and expansion to new networks such as mobile and unified communication platforms also continued with Dubber’s major partners, including BT, Verizon, Cisco Webex and VM02 (Virgin Media & O2).

New deployments of Dubber with service providers increased during the June quarter to 175, up 9% on pcp. Churn with major service providers has not occurred since inception. Demand and aligned objectives with service providers are reflected in the highly sticky nature of Dubber services once embedded in a network.

Board appointment

In July, the company announced it will appoint Sarah Diamond to Dubber’s Board as an Independent Non-Executive Director. Based in New York, Ms Diamond is a seasoned executive, most recently as Global Managing Director, Financial Services at IBM and will bring a wealth of international experience in business and technology to the company.

As announced, Ms Diamond’s appointment will take effect upon her international application for a Directors Identification Number being ratified.

Dubber CEO & Managing Director, Steve McGovern

“The telecommunications sector is evolving quickly with service providers seeking to increase revenue streams with new products and services. The Dubber platform enables communications across networks to be converted into usable data and content - which has endless applications and opportunities for monetisation of products, with an addressable market which comprises the entire customer base of a network across all demographics from Enterprise and Government to Consumers.

Dubber is currently engaged with multiple tier one service providers to deliver these services at scale creating the reality of Conversational Data.

While compliance needs in regulated industries drove the first wave of demand for call recording and conversational data, a second wave is well underway for unified conversational recording and data to address a broad range of needs. These include improving remote work employee collaboration, driving productivity and revenue, actioning customer intelligence with real-time customer satisfaction reporting, and training and supporting dispute resolution.

Our opportunity is to increase exposure to the Dubber platform with users that continue to switch between mobile, unified and traditional communications services, effectively multiplying Dubber and our service providers’ revenue opportunities as we address more endpoints and services than ever before.

Dubber’s unique Foundation Partner model, which enhances our relationship with service providers and embeds a default Dubber solution, continues to be highly attractive to major service providers as evidenced by the addition of new Foundation Partners in the June quarter. Dubber recognizes revenue once services go live in the network and has direct access to customers to increase its ability to assist and drive increasing revenue together, in partnership with service providers, over the near-term.

We are market leaders in conversational recording, data, and AI globally. Increasing and maturing our engineering and product development capability will strengthen this leadership and ensure we continue to unlock the value in every conversation through innovative new services and products. The ability to drive world-class automation, analytics and insights through R&D make the Dubber platform an even more compelling proposition for services providers.

We are very excited about the future. Our revenue today largely reflects enterprise, business and government customers leveraging call recording from unified communication platforms. However, our focus on integration within mobile networks and unified communication platforms provides the ability to turn all conversations into content, and we believe that is valuable to every sector and demographic.

Our focus moving into the 2023 financial year, remains on delivering sustainable growth for our stakeholders by increasing the number of service provider networks and mobile integrations connected to the Dubber platform and expansion of services and margin with these providers.

We are thankful for the continued support of our team, shareholders, partners, and customers globally. We are currently planning an Investor & Technology Day, to be held in September, which will provide deeper insight into our business strategy and investment against the opportunity in which we hold absolute conviction.”

Notes to the Appendix 4C

Cash outflows for the quarter shown in line 1.2(b) were subject to non-recurring and one-off items in the order of $1.5m which included:

  • Consultant and legal fees in relation to potential acquisition targets;
  • Staff recruitment fees;
  • International Value Added Tax obligations;
  • Cloud hosting; and
  • Travel and accommodation.

The amounts shown at line 6.1 of the Appendix 4C relate to director fees and salaries. The expenditure incurred on the activities described in this report are materially salaries and operating costs set out in the Appendix 4C.

4Q FY22 Investor Webinar

Managing Director & CEO, Steve McGovern and Co-Founder & COO, James Slaney will present the June Quarter update at 9:15am AEST, on Friday 29 July 2022.

To register for the session and for more information on the conference, please click here:

https://us02web.zoom.us/webinar/register/WN_L3QKjbspSVy3CYG9apbzXg

Investors can submit questions prior to the webinar to simon.hinsley@dubber.net or do so via the Q&A functions on Zoom.

This ASX release has been approved by the Board.

About Dubber

Dubber enables service providers to unlock the potential of the network - turning every conversation into an exponential source of value for differentiated innovation, retention and revenue. Listed on the ASX, Dubber is the clear market leader in conversational intelligence and unified conversational recording - embedded at the heart of over 175 service provider networks and services and used daily by over 580,000 subscribers worldwide.

For more Information, please visit Dubber at dubber.net

Contact details

Investors

Simon Hinsley

simon.hinsley@dubber.net

+61 (0) 401 809 653

Tanya Thomas

tanya.thomas@dubber.net

+61 (0) 474 470 405

Media

Terry Alberstein

terry@navigatecommunication.com.au

+61 (0) 458 484 921

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SOURCE Dubber

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Killexams : Intelligent Process Automation Market Share, Upcoming Trends, Size, Key Segments, Growth Status and Forecast 2031

The MarketWatch News Department was not involved in the creation of this content.

Aug 01, 2022 (AmericaNewsHour) -- Kenneth Research, in its repository of market research reports, has recently added a report on Intelligent Process Automation Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 - 2031. The Intelligent Process Automation Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2030.

The report covers the forecast and analysis of the Intelligent Process Automation Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Intelligent Process Automation Market over the period 2019-2026.

"The Final Report will cover the impact analysis of COVID-19 on this industry."

Request To obtain trial of This Strategic Report: https://www.kennethresearch.com/sample-request-10307100

Intelligent process automation is the application of artificial intelligence and related new technologies, which include computer vision, cognitive automation, machine learning, and robotic process automation. It is integration of machine learning and robotic process automation, which assists the human work and has the tendency to Boost over a period without any command. Intelligent process automation consists of five technologies. These include robotics process automation, smart workflow, machine learning, natural language generation, and cognitive agents.

Organizations are implementing the IPA worldwide to run their business cost-effectively. IPA provides several business benefits, like human-robot orchestration, automation of repetitive and scheduled tasks, ensuring sound governance and reducing risk compliance, process visibility across the whole customer journey, and business agility and speeding up the rapidly changing business processes. The IPA enables companies to identify, model, assess, evaluate, improve, optimize, manage and automate different company procedures to Boost their efficiency.

Automation is revolutionizing business processes, both customer-facing, and back-office. Growing demand for automation-led transformation programs with the help of a digital workforce is one major factor driving the market growth. Technological advancements from robotic process automation to Artificial Intelligence (AI) are transforming the landscape of automation. The implementation is majorly focused on productivity, operational efficiency, and building new revenue-generating opportunities.

The Asia Pacific region is expected to have the highest CAGR in the intelligent process automation market during the forecast period, due to its growing technology adoption. This is due to the presence of rapidly growing economies, such as China and India. Rapid economic development, globalization, digitalization, and the increased adoption of cloud-based technologies are expected to drive the growth of the intelligent automation market in the Asia Pacific region.
The key players profiled in the intelligent process automation market analysis are IBM Corporation, Atos, Tech Mahindra Limited, Accenture PLC, Tata Consultancy Services Limited, Infosys Limited, Capgemini SE, Cognizant, Genpact, and Xerox Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Request To obtain trial of This Strategic Report:  https://www.kennethresearch.com/sample-request-10307100

KEY MARKET SEGMENTS
By Component
*Service
*Solution

By Technology
*Natural Language Processing
*Machine & Deep Learning
*Neural Networks
*Virtual Agents
*Mini Bots
*Computer Vision
*Others.

By Deployment Mode
*Cloud
*On-premise

End Users (Revenue, USD Billion
*Telecom and IT
*Banking, Financial Services, and Insurance (BFSI)
*Transport and Logistics
*Healthcare
*Media and Entertainment
*Manufacturing
*Retail and ecommerce
*Others

By Organization Size
*Large Enterprises
*SMEs

By Regional Ananlysis
North America
*U.S.
*Canada

Europe
*Germany
*UK
*France
*Italy
*Spain
*Belgium
*Russia
*Netherlands
*Rest of Europe

Asia-Pacific
*China
*India
*Japan
*Korea
*Singapore
*Malaysia
*Indonesia
*Thailand
*Philippines
*Rest of Asia-Pacific

Latin America
*Brazil
*Mexico
*Argentina
*Rest of LATAM

Middle East & Africa
*UAE
*Saudi Arabia
*South Africa
*Rest of MEA

Key companies profiled in the report include Atos Group, Blue Prism Group PLC, Cognizant Technology Solutions Corporation, ExlService Holdings, Inc., Genpact Limited, IBM Corporation, Tech Mahindra Limited, Infosys Limited, Wipro Limited, SAP SE, Accenture PLC, Pegasystems, Inc., CGI, Inc., and Tata Consultancy Services Ltd.

Click Here to obtain trial Report >>  https://www.kennethresearch.com/sample-request-10307100

Competitive Analysis:
The Intelligent Process Automation Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Key points covered in this report:
*The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
*The import and export details along with consumption value and production capability of every region is mentioned in the report.
*Porter's five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
*The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.

ANSWERED TO THE FREQUENTLY ASKED QUESTIONS :

WHAT IS THE SCOPE OF THE REPORT?
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, latest developments in both historic and present contexts.

WHAT ARE THE KEY SEGMENTS IN THE MARKET?
*By product type
*By End User/Applications
*By Technology
*By Region

WHICH MARKET DYNAMICS AFFECTS THE BUSINESS?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Key course Covered in this Report
*Market Growth Opportunities
*Leading Market Players
*Market Size and Growth Rate
*Market Growth Drivers
*Company Market Share
*Market Trends and Technological

The Intelligent Process Automation Market report highlight the economy, past and emerging trend of industry, and availability of basic resources. Furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Intelligent Process Automation Market before evaluating its possibility.

About Us
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial subjects to help our clients make their informed decisions.

Contact Us
Name: Kenneth research
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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Killexams : Chatbot Market Predicted to grow Total of US$ 4.2 Billion by 2032

The global chatbot market is anticipated to reach a valuation of US$ 4.2 Bn by 2032 from US$ 580.3 Mn in 2022, rising at a CAGR of 21.8% throughout the forecast period. In 2020, the chatbot market was projected to have a modest slowdown due to the worldwide shutdown. The COVID-19 epidemic has shook almost every business, causing a surge in turnover.

Despite the fact that crucial items are exempt from the lockdown, the shortage of workers to operate on manufacturing lines, supply networks, and transportation has a negative impact on the availability of vital commodities. The issue is likely to be under control by early 2021, with demand for chatbot solutions and services expected to surge as businesses attempt to Boost customer experience and build tailored relationships with prospects.

A wide variety of chatbot solutions and services will be used by a variety of industries to support digital transformation programs that address mission-critical procedures, Boost operations, and differentiate customer viewing experiences. Reduced operating costs, improved customer experiences, resolution of customer problems, increased visibility into processes and operations, and improved real-time decision-making are all expected to drive the chatbot market adoption trends.

Get a trial Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14481

Lack of awareness and problems associated with management change may have an impact on chatbot market growth to some extent. Though chatbot solutions are becoming more popular in a variety of industries, issues with successful implementation and a lack of understanding of the benefits given by AI-powered chatbot solutions may hinder their acceptance in developing regions such as Latin America and Africa.

Furthermore, large enterprises are at the forefront of using chatbot solutions; however, SMEs have limited acceptance of the same due to the costs involved with their upkeep and a lack of experienced people. However, as SMEs become more aware of chatbot solutions, the usage of chatbot solutions is projected to increase in future years.

As per the global chatbot market study, self-learning bots with data-driven behaviour are powered by NLP technology and self-learning capabilities (supervised machine learning) and can provide more human-like and natural communication; they also learn from their own mistakes.

Key Takeaways

  • The US chatbot market is expected to rise rapidly at a high CAGR of 26.8% throughout the forecast period.
  • During the projected period, APAC is expected to grow at the fastest rate. APAC countries are technologically advanced and provide significant investment and income prospects.
  • In terms of market size, the standalone segment dominated the chatbot market in 2020, accounting for 56.9% of total revenue.
  • The mobile segment is expected to grow at a CAGR of 24.1% throughout the forecast period.

Competitive Landscape

Some of the key players operating in the chatbot market include MindMeld, IBM, Google, Oracle, Conversica, Nuance, Inbenta, Aivo, Personetics, AWS, Microsoft, LiveChat, Creative Virtual, and Artificial Solutions.

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Recent Developments

Kore.ai introduced a Virtual Assistant Platform in Japanese in February 2021. The Kore virtual assistant platform was published in Japanese to better address the demands of the Japanese market and to expedite the adoption of virtual assistants. This will aid enterprise customers in shortening time-to-market and improving customer experience in their local tongue.

Saykara, Inc., a like-minded business focusing on building a mobile AI assistant to automate clinical paperwork for physicians, was acquired by Nuance in February 2021. Nuance’s continued market expansion and technological leadership in conversational AI and ambient clinical intelligence (ACI) solutions that minimize clinician burnout, Boost patient experiences, and Boost overall health system financial integrity are highlighted by this purchase.

 About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Killexams : IoT in Healthcare Market is estimated to reaching US$ 952.3 Billion by 2032

[297 Pages Report] The global IoT in healthcare market is projected to reach US$ 181.4 Billion in 2022, anticipated to grow at a CAGR of 18.0%, reaching US$ 952.3 Billion by 2032. The market is slated to document a Y-o-Y growth rate of 20.7% from 2021-2022, increasing from the previously registered value of US$ 150.3 Billion.

By enabling real-time patient data access and remote patient monitoring, the Internet of Things (IoT) has the potential to disrupt traditional paper-based healthcare therapy. With the emergence of this digital healthcare technology, the impending need for enhanced diagnostics and targeted therapeutic options was met.

Furthermore, it not only enables physicians to remotely monitor patients, but it also functions as a fitness and wellness tracker for athletes and a dose reminder for patients. The successful implementation of IoT in remote monitoring of diabetic and asthma patients, along with the growing usage of fitness and wellness devices, has resulted in a considerable demand for the IoT healthcare business.

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Key Takeaways from the Market Study
•IoT in healthcare experienced a growth rate worth 18.8% between 2015 and 2021

  • Portable diagnostic devices in the IoT in Healthcare segment to expand at a CAGR of 10.1% during the forecast period
  • In the U.S., the market is predicted to reach US$ 208.1 Billion while growing at a CAGR of 18.9% during the forecast period
  • China’s market is expected to reach a market value of US$ 92.8 Billion with a CAGR of 19.5% during the forecast period

“Big data analytics is an area of IoT that is quickly expanding. The most latest breakthroughs in machine learning, logical procedures, computational intelligence, and data mining are required for big data analytics”, says an FMI analyst.

Competitive Landscape

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Key players that have been profiled in the report are Apple Inc., Cisco Systems Inc., GE Healthcare Ltd., Google (Alphabet), International Business Machines
Corporation, Medtronic PLC, Microsoft Corporation, Proteus Digital Health, Koninklijke Philips N.V., QUALCOMM Incorporated, and Abbot Laboratories are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

  • In April 2019, Royal Philips and Spencer Health Solutions expanded their relationship to provide chronically sick patients in selected European Union (EU) nations with in-home medication adherence and the Philips telehealth platform.
  • Medtronic worked with IBM Watson in January 2019 to provide IQcast, a new feature of its current product Sugar.IQ, for iOS mobile devices in the United States. The software would provide patients with a hypoglycemic episode to monitor their low glucose level by anticipating the occurrence 1 to 4 hours in advance.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Future Market Insights,
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Killexams : Boffins release tool to decrypt Intel microcode. Have at it, x86 giant says No result found, try new keyword!Published Monday on GitHub, the Intel Microcode Decryptor is a collection of three Python scripts users can execute to decode the microcode – including the SGX XuCode – of certain Atom, Pentium, and ... Wed, 20 Jul 2022 08:10:00 -0500 en-us text/html https://www.msn.com/en-us/news/technology/boffins-release-tool-to-decrypt-intel-microcode-have-at-it-x86-giant-says/ar-AAZNqj4
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