NEW YORK, Dec. 18, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global SMB software market size is estimated to grow by USD 65.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.81% during the forecast period. Increasing demand for cloud-based applications is driving market growth, with a trend towards increasing mergers and acquisitions, partnerships, and collaborations. However, threat from open-source smb software providers poses a challenge. Key market players include Accenture Plc, Acumatica Inc., Alfresco Software Ltd., Cisco Systems Inc., Epicor Software Corp., IFS World Operations AB, Infor Inc., International Business Machines Corp., Microsoft…
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LONDON, Dec. 18, 2024 /PRNewswire/ — Omdia’s latest research highlights the rapid growth in demand for Google’s Tensor Processing Unit (TPU) AI chips, a trend that may be strong enough to start chipping away at NVIDIA’s market dominance in GPUs. 3Q results from Broadcom, whose Semiconductor Solutions division acts as a custom chip outsourcing partner for Google, Meta, and several other AI players, give our analysts some insight into purchasing trends and information that is typically kept under wraps – how many custom processors is Google buying? Broadcom’s CEO Hock Tan has repeatedly revised up his target for AI semiconductor revenue, aiming for $12bn for this…
DCPI Market Growth Forecast to Accelerate in 2025 from AI Boom REDWOOD CITY, Calif., Dec. 18, 2024 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Data Center Physical Infrastructure (DCPI) market maintained double-digit revenue growth in 3Q 2024, as purpose-built physical infrastructure deployments to support accelerated computing workloads increasingly materialize at scale. “The AI growth cycle for DCPI picked up steam in 3Q 2024. Top-line revenue growth for the DCPI market was comparable to the previous quarter, but the underlying product mix…
Achieving Scalable, Secure Mobility Intelligence with Enhanced Data Accessibility BOSTON, Dec. 18, 2024 /PRNewswire/ — Starburst, the Trino company, today announced that Arity, a company specializing in mobility data analytics, has significantly optimized its data infrastructure using Starburst Galaxy. This collaboration has enabled Arity to achieve 10X faster data processing, reduce analytics costs by 66%, and double data accessibility for non-engineering teams, all while efficiently managing petabytes of driving data in a unified data lakehouse. “With Starburst, we’re now able to make data accessible across our organization while significantly reducing costs and processing time. Starburst’s SQL-based platform lowers the barrier to data insights,…
New AI-powered solution enables contact center leaders to uncover trends and customer needs at scale through automated customer interaction analysis NEW YORK, Dec. 18, 2024 /PRNewswire/ — Glia, the leader in customer interaction technology, has extended the powerful capabilities of its Responsible AI platform, which includes the launch of Quality AnalystGPT, an advanced AI-powered tool designed to analyze customer interactions. With Quality AnalystGPT, contact center managers can now quickly and easily uncover customer needs and trends, evaluate performance and quality at scale, and identify opportunities for coaching and improvement based on context from across all customer interactions. Launched earlier this year, Glia’s ChannelLess® Responsible AI platform…
General Purpose Servers and Storage Staging a Recovery REDWOOD CITY, Calif. , Dec. 18, 2024 /PRNewswire/ — According to a recently published report by Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, ongoing investments in AI infrastructure fueled an 82 percent increase in hyperscale data center capex in 3Q 2024. Additionally, the general-purpose server and storage markets have been recovering, achieving double-digit revenue growth for the past three consecutive quarters. “Accelerated servers, mainly targeted for AI training workloads, have accounted for the majority of the spending among the US and Chinese hyperscalers year-to-date,” said Baron…
NEW YORK, Dec. 18, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global influencer marketing platform market size is estimated to grow by USD 52.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 32.07% during the forecast period. Increasing partnerships and mergers and acquisitions among vendors is driving market growth, with a trend towards influencer marketing platforms gain customer trust and create the brand image. However, increase in number of fake followers poses a challenge. Key market players include AspireIQ Inc., Captiv8 Inc., Cision US Inc., CreatorIQ, Emplifi Inc, Estalea, ExpertVoice Inc., Fashion GPS Inc., IZEA Worldwide Inc.,…
An accessible generative AI platform unleashing a new wave of digital creativity—launching December 18 KUALA LUMPUR, Malaysia, Dec. 17, 2024 /PRNewswire/ — Imagine creating life-like 3D avatars, immersive game worlds, or intricate product prototypes in just a few clicks. That is the promise of AVATAi, launching globally on December 18, 2024, accessible via the web for iOS and Android. AVATAi puts professional-grade 3D tools in the hands of everyone—from professionals to hobbyists. A New Era in 3D Content Creation High-quality 3D creation has long been limited to experts, requiring expensive tools and technical expertise. AVATAi changes the game, making 3D creation faster and easier than ever. “Our…
NEW YORK, Dec. 17, 2024 /PRNewswire/ — Fractal, (https://fractal.ai/), a leading provider of artificial intelligence and advanced analytic solutions to entities including Fortune 500® companies, today announced that it has achieved the Amazon Web Services (AWS) Consumer Goods Competency. AWS Consumer Goods Competency recognizes Fractal’s expertise as an AWS partner in delivering validated solutions to help consumer goods brands overcome operational challenges within the industry. By leveraging deep industry knowledge and proven AWS solutions, Fractal empowers clients to streamline their operating models and achieve greater efficiency at scale. Fractal has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated…
NEW YORK, Dec. 17, 2024 /PRNewswire/ — The global enterprise data storage market size is estimated to grow by USD 11.6 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 4.39% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: A Storage Area Network (SAN) is a dedicated high-speed network that connects enterprise storage devices to multiple servers. It moves data from the common user network and organizes…