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European spending on Artificial Intelligence to reach $22 billion

The new Worldwide Artificial Intelligence Spending Guide from International Data Corporation (IDC) forecasts that European spending on AI systems will jump from $17.3 billion in 2021 to more than $50 billion in 2025. The compound annual growth rate (CAGR) for 2021–2025 will be 26.7%.

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Serco and OVHcloud form partnership in space imagery and Artificial Intelligence

The rapid growth of the space economy has been led by the growing number of satellites sent into orbit, and the increased performance of the onboard sensors in acquiring information. The result has been that an increasing amount of data has been produced and made available to users, which allows the partnership between the two companies to play a key role in exploiting data and usage, enabled by AI technology. This key collaboration will help meet the growing demands of the Earth Observation...

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BT trials drone and AI technology with the Port of Southampton

Trial conducted in partnership with Associated British Ports and RoboK.

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Smart Buildings Show announces full conference programme for 2021

Speakers include Bluetooth, Johnson Controls, Microsoft, Schneider Electric, Siemens Smart Infrastructure and Vodafone.

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The robotics industry will pass the $500bn mark in 2030

Robots have not taken over the world yet, but there will definitely be a lot more of them by the end of the decade. GlobalData, a leading data and analytics company, forecasts that the robotics industry will pass the $500bn mark in 2030, after a decade of growing at double-digit rates. That is an impressive figure for an industry that generated global revenue of just $45.3bn in 2020.

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NEWS

Panasonic completes Blue Yonder acquisition

Acquisition accelerates the Autonomous Supply Chain by combining IoT and AI/ML to deliver smarter, more connected supply chains and optimized multi-channel commerce.

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April King Legal to offer clients AI legal advice with Amelia

Nottingham, UK-based law firm hires Amelia as a digital legal assistant to improve client...

Parcel upgrade in time for Christmas

Hermes, the consumer delivery specialist, has launched a new range of features for its Alexa Skill,...

DataRobot rolls out enhancements to Enterprise AI Platform

DataRobot has introduced enhancements to its enterprise AI platform designed to take enterprise AI...

Finance sector focuses on AI investments

While AI is not widely in use by most financial institutions, new research by The Economist...

HPE introduces AI-driven HCI

Advancements to HPE SimpliVity deliver an AI-driven experience, modernizes data protection and...

Ultima Labs launches automated cloud platform for MSPs

Ultima Labs, the product development arm of Ultima, says that MSPs can now purchase its proprietary...
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A Global Conversation on Artificial Intelligence

Ethics and AI: can we have both?

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