AI to Increase Rate of Innovation by two times in India by 2021: Study

According to the study, India needs to build upon its investment, strategy and data in order to quicken the pace of its AI journey By 2021, artificial intelligence (AI) is...
IoT

Global Virtual Sensors Market to Reach US$ 910 Million by 2023: Report

The deployment of virtual sensors on-premises provides enterprises with complete control over the sensitive data The virtual sensors market size globally is likely to reach US$ 910 million by 2023, growing...

Smart Cities have been one of the Strongest Enablers of IoT: KPMG

IoT has a potential economic value of around US$ 4 to US$ 11 trillion a year by 2025 and India alone is going to create an IoT industry worth...

Lenovo Bets Big on IoT, To Quadruple Investment in IoT Solutions

Lenovo is developing pre-tested and pre-integrated IoT Solution Bundles that integrate software, hardware and services for channel partners Lenovo, a leading computer manufacturing and technology company, is going to quadruple...

Photoelectric Sensors Market to Grow at 7 Per cent by 2024: Report

Rising number of automation activities in industrial processes and government initiatives for smart industries are driving the photoelectric sensors market On the back of increasing adoption of industrial automation, global...

Locus Raises US$ 22 Million led by Falcon Edge, Tiger Global

The fresh round of funding will help Locus in expanding to new markets by improving the product and solutions for each region Locus, a global artificial intelligence (AI)-backed supply chain...

Global AI Chip Market to Reach US$ 83.25 Billion by 2027: Report

In the last few years, AI and its applications like ML, NLP, automated speech recognition and computer vision, have gained substantial traction The global artificial intelligence (AI) chip market is...
semiconductor

Hyundai Motors’ Future Strategy for India to Focus on Connected Cars

Hyundai’s Connected Mobility initiative focuses on developing a connected car program, where cars of a customer will be connected to other cars South Korean automaker Hyundai Motor has come up with...

Bangalore-based IoT Startup TagBox Raises $3.8 Mn from TVS Motor in Series A Funding

TagBox plans to use the funds to strengthen product innovation and R&D, while expanding its global footprint. TagBox, a Bangalore-based IoT and Analytics solutions startup catering Cold Chain Logistics...

Global IIoT Market to Grow at 14.36 Per cent During 2018-2023: Report

Asia-Pacific is likely to account for the biggest share in the overall IIoT market due to the adoption of IoT across several industries in the region The global Industrial Internet...