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Southeast Asia internet economy to hit $1 trln by 2030, report says

DataFloq

SINGAPORE (Reuters) - Southeast Asia's internet economy is forecast to reach $1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry report said on Thursday.

Reporting 226
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Ford, SK to invest $11.4 billion to add electric F-150 plant, three battery factories

DataFloq

Ford also said on Monday it now expects to have 40% to 50% of its global vehicle volume to be all-electric by 2030, up from its prior forecast of 40%. By Ben Klayman. DETROIT (Reuters) - Ford Motor Co and its Korean battery partner SK Innovation will invest $11.4

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GM escalates the electric vehicle arms race

DataFloq

(Corrects AlixPartners electric vehicle spending forecast to $330 billion by 2030, instead of over the next five years). battery plants and forecast stronger-than-expected second-quarter profits.

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Factbox-Electric-vehicle batteries: major players and their expansion plans

DataFloq

million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte. By Heekyong Yang.

Sales 225
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Exclusive: Global carmakers now target $515 billion for EVs, batteries

DataFloq

Reuters) - Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.

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From iPhones to e-axles: how one tech firm is pushing into electric vehicles

DataFloq

By 2030, Nagamori says he wants a 35% slice of a global e-axle market that is forecast to be worth $20-30 billion a year by then, up from an estimated $2.8-$3 By Norihiko Shirouzu.

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Capitalizing on Artificial Intelligence Opportunities

CIO

billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% As an extension of the country’s Vision 2030, the Saudi Data and AI Authority (SDAIA) was established in 2019, followed by the release of the National Strategy for Data and AI in 2020.

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How AI impacts Various Functions of Human Resource!

DataFloq

Interestingly the statement made by Andrew Ng was backed by McKinsey’s forecast on the impact of machine learning on the global economy, which revealed that by 2030 AI will significantly impact the global economy by about $13 trillion.

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Analytics Insights and Careers at the Speed of Data

Rocket-Powered Data Science

trillion by 2030. trillion by 2030.”. How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been.

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Scaling Financial Operations in Multi-Academy Trusts

CIO

The education sector in the UK is seeing incredible transformation with the expansion of multi-academy trusts (MATs) and the government’s requirement to have all schools in MATs by 2030.

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How the Cloud and DevOps Help in Business Growth

DataFloq

As reported by AlliedMarketResearch , the global DevOps market size is forecasted to reach $57.90 billion by 2030. Every day, software development companies seek out various techniques, tools, and approaches for developing software faster and more efficiently.

Software 217
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SAP plans layoffs and selloff with cloud revenue up but profit down

CIO

For the year ahead, SAP forecast cloud revenue will continue to grow at between 22 and 25% at constant currencies, with a longer-term ambition of passing €22 billion in cloud revenue and €36 billion in total revenue by 2025.

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Impressive Ways that AI Improves Business Analytics Insights

Smart Data Collective

trillion on AI by 2030 ? They can use predictive analytics to closely study their current situation and forecast future results. . Still, with the help of AI, you can quickly generate forecasts in real-time, identify changes, reduce churn rate, and minimize security loopholes.

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What Is Data Science And How To Become A Data Scientist?

DataFloq

Billion over the forecast period 2022 to 2030. Developing predictive models using statistical models to forecast future trends. They also develop data processing pipelines, design reports, and dashboards, and develop models to forecast future trends.

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What Is Data Science And How To Become A Data Scientist?

DataFloq

Billion over the forecast period 2022 to 2030. Developing predictive models using statistical models to forecast future trends. They also develop data processing pipelines, design reports, and dashboards, and develop models to forecast future trends.

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How To Use Data For Smarter Business Decisions

Smart Data Collective

There are a lot of benefits of utilizing data technology, such as improving financial reporting, forecasting marketing trends and efficient human resource allocation. Companies around the world are projected to spend over $684 billion on big data by 2030.

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How to Bring 3D Design Teams Together… Remotely

CIO

A recent study forecasts a blazing compound annual growth rate (CAGR) of over 20% between 2022 and 2030, when the global VDI market will be worth over $78 billion. New collaboration-enhancing technologies are transforming three-dimensional (3D) design and accelerating content creation.

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How To Enhance Your Analytics with Insightful ML Approaches

Smart Data Collective

However, the rapidly changing business environment requires more sophisticated analytical tools in order to quickly make high-quality decisions and build forecasts for the future. billion by 2030. Did you know that 53% of companies use data analytics technology ?

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Top 10 AI Consulting Firms Today

DataFloq

The company helps clients leverage predictive analytics , NLP, computer vision, and intelligent automation for getting meaningful insights from data, understanding audiences, forecasting demand, reducing risks, and eliminating cost overruns.

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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

billion on financial analytics by 2030. Forecasting Future Market Trends. Big data has led to many important breakthroughs in the Fintech sector. The industry is growing at a remarkable rate due to this new technology.

Big Data 102
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5 Sources of Data for Customer Analytics and Their Benefits

Smart Data Collective

Global businesses are projected to spend over $684 billion on big data by 2030. Market analysts project that companies around the world will spend over $47 billion on customer journey analytics by 2030.

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London embraces the new data economy

CIO Business Intelligence

Its conservative forecast is that the UK open data market will be worth £42bn in 2025, £46bn in 2030 and £5bn in 2035. This would be worth around £28bn to the UK economy by 2030, of which London’s share is around £5.5bn.

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4 Reasons the Rise of IoT Is Changing the Semiconductor Industry

DataFloq

However, that was adjusted down from previous forecasts due to the previously described challenges. billion by 2030. The IoT semiconductor industry is in continually high demand, especially as people look for increasingly advanced and feature-filled connected devices.

IoT 130
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Why Using Artificial Intelligence in Clinical Trials Becomes the New Normal

DataFloq

billion in 2021 and is forecast to grow at a CAGR of 22% from 2022 to 2030. In 1994, Dr. Kevin Hughes and his colleagues wanted to test a treatment for early-stage breast cancer in older women.

IoT 220
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Enterprise AI Companies and How They’re Changing The Entire Landscape

bridgei2i

It is said that AI will increase cash flow by 120% by 2030, which means adding more value to customer service. Enhances forecasting accuracy . Enterprise AI Companies and How They’re Changing The Entire Landscape.

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What Skills Are Needed for a Career in Data-Driven Cybersecurity?

Smart Data Collective

The projections for the growth of the cybersecurity sector are very progressive, the number is around a 15% growth factor between now and 2030. Big data has become more important than ever in the realm of cybersecurity.

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Powering a low-carbon digital Thailand

CIO Business Intelligence

According to a joint forecast by the Office of the National Digital Economy and Society Commission (ONDE), TIME Consulting, and Huawei, the 5G-empowered economy will reach THB2.3 And, by 2030, the digital economy will account for 30% of Thailand’s entire GDP.

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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. billion by 2030.

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Big Data Helps Drive the Future of Virtual Healthcare

Smart Data Collective

Global healthcare companies are projected to spend over $105 billion on big data by 2030. Big data technology is shaping the future of healthcare. One of the biggest benefits of big data in healthcare has been in the field of virtual healthcare.

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8 Ways AI Contributes to Ecommerce Business Scalability

Smart Data Collective

Therefore, it is no surprise that the market for AI-enabled ecommerce services is projected to be worth nearly $17 billion by 2030. AI technology helped the online titan improve product forecasting, deliver a higher ROI on ads to sellers and make better product recommendations.

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Differentiating Between Data Lakes and Data Warehouses

Smart Data Collective

One study forecasts that the market will be worth $23.8 billion by 2030. The market for data warehouses is booming. Demand is growing at an annual pace of 29%. While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes.

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Does AI Decision-Making Drive Your Business?

DataRobot

By the year 2030, AI will deliver economic growth of $15.7 But it had trouble predicting sellout volume at scale and automating the necessary modeling and forecasting. It should. trillion, according to PwC Research. Does your business need: To target its customers more precisely?

ROI 82
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Boost Your Business Performance with Artificial Intelligence [AI].

Data Insight

trillion in 2030*. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. The potential contribution to the global economy from AI could be $15.7 Artificial Intelligence, or AI as we know it, is around us every day.

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Leading innovation in digital infrastructure for a digital and sustainable APAC

CIO Business Intelligence

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.

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Why Data Will Power the Self-Driving Car Revolution

Sisense

In fact, according to forecasts by Western Digital, the storage capacity per vehicle could amount to 11 terabytes by 2030. We live in a world of data: There’s more of it than ever before, in a ceaselessly expanding array of forms and locations.