Press Releases

Horizon Robotics unveils new AI embedded smart camera

AI startup Horizon Robotics introduced a new HD smart camera with embedded AI that is capable of facial recognition at up to 99.7% accuracy. The smart camera HR-IPC2143 is a first of its kind with applications in public security for the real-time detection of potential suspects, and in retail for identifying VIP customers as (more…)

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April 12, 2018

Posted by: Zenobia Hegde

Arundo Analytics partners with Acteon Group to deliver advanced machine learning applications in subsea services

Arundo Analytics, a software company enabling advanced analytics in heavy industry, announced a partnership with Acteon Group, an integrated global provider of subsea services, to deliver machine learning models for subsea applications on the Arundo Enterprise platform. (more…)

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April 11, 2018

Posted by: Zenobia Hegde

Smart home surveillance camera market to surpass $9.7bn by 2023, says Strategy Analytics

Cameras with full software and service feature sets at sub $200 (€162.39) price points will fuel growth of the smart home surveillance camera market according to recently published research by Strategy Analytics. The firm forecasts the global market to exceed $9.7 billion (€7.88 billion) in consumer spending by 2023, with security service providers (more…)

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April 10, 2018

Posted by: Zenobia Hegde

Skills gap in the IoT market

Introduction

The Internet of Things (IoT) is a term broadly associated with the connection of sensors or other devices to the Internet and to other associated gadgets. The IoT is a massive system of things which gather and offer information about the way they are utilised and incorporate a remarkable number of objects of every kind – (more…)

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Posted by: Zenobia Hegde

Online physical goods sales to account for 13% of $30 tn retail market by 2020, finds Juniper Research

A new study from Juniper Research has found that online physical goods sales will account for 13% of global retail by 2020, or $3.8 trillion (€3.09 trillion) out of a global retail market of nearly $30 trillion (€24.37 trillion). (more…)

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Posted by: Zenobia Hegde

Over 20% of Brits would shockingly replace MPs with robots

The automation of work, including the use of robotics and artificial intelligence (AI), is expected to rapidly increase. In fact, recent research by think tank ‘Centre for Cities’ found that one in five jobs in Britain will fall victim to automation by 2030. (more…)

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April 6, 2018

Posted by: Zenobia Hegde

Consumer robotics hardware revenues to reach $23bn per annum by 2022, as domestic aide robotics dominate

A new study from Juniper Research has found that domestic aide robotics will drive consumer robotics hardware revenues from an estimated $6.4 billion (€5.21 billion) in 2018 to nearly $23 billion (€18.74 billion) by 2022; an increase of over 250%. (more…)

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April 4, 2018

Posted by: Zenobia Hegde

Huawei’s SmartWi-Fi Tri-band AP wins the Red Dot Award and the iF Product Design Award

Huawei‘s SmartWi-Fi tri-band access point (AP) recently won 2 top global industrial design awards: the Red Dot Award and the iF Product Design Award. (more…)

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April 3, 2018

Posted by: Zenobia Hegde

Buoy Labs enters strategic relationship with Delta Faucet Company to elevate America’s smart home water experience

Buoy Labs, creators of the Buoy™ single-point, AI-powered smart home water management device, and Delta Faucet Company, the manufacturer of Delta®, Brizo® and Peerless® products, announced a strategic relationship to advance smart home innovation. (more…)

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April 2, 2018

Posted by: Zenobia Hegde

Kyocera to build a new plant in Kagoshima, Japan, for ceramic microelectronic packages

Kyocera Corporation announced that it will construct a new manufacturing plant on the premises of its Kagoshima Sendai manufacturing complex to increase production of ceramic microelectronic packages. (more…)

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Posted by: Zenobia Hegde