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With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 trillion by 2030. trillion by 2030.”. One group has declared , “IoT companies will dominate the 2020s: Prepare your resume!”
Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. Ongoing innovation in digital technologies is now essential to support its expansion.
trillion in economic benefits by 2030. This can be quantified by measuring metrics like tree cover, habitat integrity and number of species, and is guided by sustainable development principles. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.
AVs of the future will require different types of storage — and lots of it — to gather data from LiDAR, radar, cameras, and other sensors as well as in-vehicle infotainment, navigation systems, and maintenance data. The datacollected by AVs in the U.S. What if this data is also used for open warrants? Advertising?
A recent study by Price Waterhouse Cooper (PwC) estimates that by 2030, artificial intelligence (AI) will generate more than USD 15 trillion for the global economy and boost local economies by as much as 26%. (1) 1) But what about AI’s potential specifically in the field of marketing? What is AI marketing?
billion by 2030. Marketing and sales: Conversational AI has become an invaluable tool for datacollection. It assists customers and gathers crucial customer data during interactions to convert potential customers into active ones. Prioritizing tracking metrics accurately measures the success of your implementation.
of the worlds electricity by 2030. Many are turning to cloud technologies for their scalability, real-time data access, and collaboration capabilities. On the other side, AI can also automate datacollection for sustainability regulations, analyse this data, and generate reports and insights for steering and investment decisions.
In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.
Fortifying AI frontiers across the lifecycle Securing AI requires a lifecycle approach that addresses risks from datacollection to deployment and ongoing monitoring. Without robust security, governance and risk mitigation, AI systems can be exploited through adversarial attacks, data manipulation and ethical breaches.
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