#Global Usage-Based Insurance Research Report
Explore tagged Tumblr posts
Text
The Growing Impact of Contact Center Analytics Market
on Customer Engagement Analysis of Contact Center Analytics Market Size by Research Nester Reveals the Market to Grow with a CAGR of 12.1% During 2025-2037 and Attain USD 8.3 billion by 2037 Research Nester assesses the growth and market size of global contact center analytics market which is anticipated to be on account of the increasing usage of social media platforms. Research Nester’s recent market research analysis on “Contact Center Analytics Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and a detailed overview of the global contact center analytics market in terms of market segmentation by solution, service type, deployment mode, enterprise size, application, end use, and by region. Growing Use of Predictive Analytics to Promote Global Market Share of Contact Center Analytics The global contact center analytics market is estimated to expand due to the growing use of predictive analytics to accurately predict consumer behavior and service demand. This feature enables the optimization of resource allocation, reduction of high costs, and improved labor management and technology investment based on expected future needs. Real-time monitoring enables contact centers to spot operational inefficiencies or customer service issues as soon as they arise, preventing revenue loss or client churn. Contact center managers can use predictive analytics insights to make data-driven decisions about staffing, training, customer service strategies, and resource allocation. Additionally, several major companies are launching new solutions in the market to improve customer experience. For instance, in October 2020, Hinduja Global Solutions (HGS), a global leader in business process management (BPM) and customer experience solutions, launched HGS PULSE, a new contact center analytics platform that provides business performance and customer insights using near real-time data. With access to predictive analytics and real-time data, contact center leaders can act proactively by forecasting customer turnover and loyalty, and manage their personnel by analyzing customer demand. Some of the major growth factors and challenges that are associated with the growth of the global contact center analytics market are: Growth Drivers: · Growing use of AI and machine learning · Increased demand for speech and text analytics Challenges: Businesses in the public, financial, insurance, and debt-collection sectors must comply with several regulations; failure to do so may result in severe penalties such as heavy fines and criminal prosecution. Contact centers have attempted to reduce their risks by implementing call recording, monitoring, and scripting; however, these solutions do not provide any assurance or evidence for compliance. As a result, stringent laws and regulations may impede the growth of the contact center analytics market. Access our detailed report at: https://www.researchnester.com/reports/contact-center-analytics-market/6391 By application, the global contact center analytics market is segmented into automatic call distributor, customer experience management, log management, real-time monitoring & reporting, risk & compliance management, workforce optimization. The benefits that contact center analytics offer to customer experience management practices—such as a lower customer attrition rate, improved crisis management, and lower marketing costs—are driving the segment's growth. Additionally, companies can use customer experience management systems, which gather customer comments, transactions, interactions, and agent data, to review the report for customer experience and agent performance. Customer experience management solutions also help companies analyze customer data from many channels and generate insights that improve contact center operations.
0 notes
Text
Alternative Data Market Size, Status and Forecast 2030
Alternative Data Industry Overview
The global alternative data market size was valued at USD 7.20 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 50.6% from 2024 to 2030. The key drivers attributed to market expansion include the significant increase in the types of alternative information sources over the last decade. While web scraping and financial transactions are the most common sources, the emerging sources, including mobile devices, social media, satellites, sensors, IoT-enabled devices, and others, are gaining wider popularity. As such, the companies are actively expanding their offering by gathering information from all such sources.
The rising demand from hedge funds is expected to boost market growth significantly. More than half of hedge fund managers are now using it to gain a competitive edge by generating outperformance and supporting the risk management processes. More than 400 companies are engaged in selling alternative data to hedge funds, thereby contributing significantly to market revenue. Alternative data refers to the undiscovered which is not within the traditional sources such as SEC filings, financial statements, press releases, and management presentations. It is compiled from various sources such as e-commerce portals, public records, social media, financial transactions, web traffic, mobile devices, sensors, satellites, etc.
Gather more insights about the market drivers, restrains and growth of theAlternative Data Market
Applying specific analytics to this compiled set yields additional insights that were previously unknown, and are used by investors to evaluate investment opportunities. As this new information is a crucial differentiator that contributes to the alpha (market outperformance), the buy-side entities, such as hedge funds, mutual funds, private equity funds, pension funds, unit trusts, and life insurance companies, are actively using it to build fundamental investment models to outperform the market.
Alternative data, compared to the usual financials gathered from traditional sources, is difficult to utilize in strategic plans. It is often unstructured, lacks specific patterns, and is collected very frequently. Thus, the investors need expert personnel and various technologies, including analytics platforms, fluid data architecture, data science, and testing tools, to leverage the meaningful information from it. Further, Artificial Intelligence (AI) tools, such as machine learning and Natural Language Processing (NLP) are gaining popularity for analysis. AI-enabled processing increases information generation and helps to extract hidden patterns. As such, AI-based analytics tools are anticipated to boost the growth of the market for alternative data over the forecast period.
While most companies utilize various sources and tools to gain insights and predictive capabilities, regulatory constraints are expected to be the primary challenges for the market players. The increasing emphasis on regulations such as California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR), along with other privacy regulations, pose threats to some of the alternative data sources. For instance, sources such as mobile devices, social media, and mobile application usage often conflict with consumer privacy issues. Any dataset that companies analyze needs to be completely free from Personal Identifiable Information (PII). Therefore, the providers’ compliance with privacy policies is a crucial factor for sustaining the market.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
The global natural language processing market size was valued at USD 27.73 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 40.4% from 2023 to 2030.
The global mobile application market size was valued at USD 252.89 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 14.3% from 2024 to 2030.
Key Companies profiled:
1010Data
Advan
Dataminr
Earnest Research
M Science
Preqin
RavenPack
Thinknum Alternative Data
UBS Evidence Lab
YipitData
Key Alternative Data Company Insights
Some of the key players operating in the market include UBS, M Science LLC, and RavenPack.
UBS provides data-driven insights by harvesting, cleansing, and connecting numerous data items across various specialized areas. The company provides insights for more than 1,000 companies of all sizes on a subscription basis to its Evidence Lab Innovations platform subscribers. UBS offers insightful datasets across more than 55 specialized products. The company’s various types of alternative data offerings include geospatial data, pricing data, sentimental data, social media data, and transaction data, among others.
M Science LLC is a data-driven research and analytics firm that provides critical customer insights to leading financial institutions and private & government corporations. The company integrates data science and technology, and financial models to transform raw data into actionable insights, enabling its customers to make smarter and more informed decisions. It caters to automotive, consumer durables, internet & telecommunication, and media industries.
Thinknum Alternative Data and Earnest are some of the emerging alternative data companies.
Thinknum Alternative Data organizes, processes, and analyzes public data from the web and offers over 300 companies (across the globe) unique real-time insights. The company’s clients include hedge funds, universities, internet companies, and investment firms. Its clients access these datasets via an Application Programming Interface (API) and User Interface (UI). A few critical datasets include job listing sites, LinkedIn profiles, and Facebook followers, among others.
Earnest is a data analytics company that provides critical information on consumer spending habits to government agencies, corporations, management consultants, and institutional investors by utilizing real-time data. The company uses tools for fundamental analytics of retail pricing, healthcare claims, consumer spending, and foot traffic to offer structured datasets with clear and correlated signals. These datasets are computed to understand national health trends and consumer habits.
Recent Developments
In April 2023, Thinknum Alternative Data launched new data fields to its employee sentiment datasets for people analytics teams and investors to use this as an 'employee NPS' proxy, and support highly-rated employers set up interviews through employee referrals.
In September 2022, Thinknum Alternative Data announced its plan to combine data Similarweb, SensorTower, Thinknum, Caplight, and Pathmatics with Lagoon, a sophisticated infrastructure platform to deliver an alternative data source for investment research, due diligence, deal sourcing and origination, and post-acquisition strategies in private markets.
Order a free sample PDF of the Alternative Data Market Intelligence Study, published by Grand View Research.
0 notes
Text
Cloud Computing in Pharma: Unlocking the Power of Real-Time Analytics
Cloud computing is revolutionizing the pharmaceutical industry, offering innovative solutions that streamline operations, enhance data management, and accelerate drug development. With the increasing complexity of drug discovery and regulatory requirements, cloud computing in pharma provides a flexible, scalable, and cost-effective way to manage vast amounts of data and improve collaboration across global teams.
In this article, we will explore how cloud computing is transforming the pharmaceutical industry and the benefits it brings to research, development, and commercialization processes.
What is Cloud Computing in Pharma?
Cloud computing refers to the use of remote servers hosted on the internet to store, manage, and process data. Instead of relying on local servers or personal computers, cloud-based solutions allow pharmaceutical companies to access data and applications from anywhere, at any time. This technology is especially valuable in pharma, where data is often scattered across multiple departments and global locations.
Cloud computing in pharma enables organizations to centralize their data, making it easier to access and analyze information in real time. This not only improves decision-making but also reduces the time and cost associated with drug development and regulatory compliance.
Benefits of Cloud Computing in Pharma
Enhanced Data Management Cloud computing allows pharmaceutical companies to manage large volumes of data more efficiently. Whether it’s patient records, clinical trial data, or research findings, the cloud provides a secure and scalable solution for storing and organizing data. With cloud-based platforms, pharma companies can analyze vast datasets quickly, identify trends, and make data-driven decisions. This leads to faster drug discovery and development processes, ultimately benefiting patients.
Improved Collaboration Collaboration is key to success in the pharmaceutical industry, especially when it comes to drug development. Cloud computing enables seamless collaboration between research teams, contract research organizations (CROs), and regulatory bodies, regardless of their location. Teams can share data, reports, and updates in real time, improving communication and speeding up the decision-making process. This global connectivity is crucial in an industry where time is of the essence.
Cost Efficiency Traditional IT infrastructure can be costly to maintain, requiring regular updates and expensive hardware. Cloud computing eliminates the need for on-premises servers, reducing the upfront costs associated with IT infrastructure. Pharma companies can instead pay for the cloud services they need on a subscription basis, allowing them to scale their usage as required. This pay-as-you-go model ensures that resources are used efficiently, helping companies reduce their operational costs while maintaining high performance.
Scalability and Flexibility One of the key advantages of cloud computing in pharma is its scalability. As companies grow or take on new projects, they can easily scale their cloud resources to meet their needs. Whether managing a large-scale clinical trial or analyzing new research data, the cloud provides the flexibility to adjust capacity on-demand. This scalability ensures that companies can handle fluctuating workloads without the need for costly hardware investments.
Regulatory Compliance The pharmaceutical industry is highly regulated, with strict guidelines for data storage, security, and privacy. Cloud computing providers are equipped with robust security measures and compliance certifications, such as HIPAA (Health Insurance Portability and Accountability Act) and GDPR (General Data Protection Regulation). These certifications ensure that pharma companies can store and manage sensitive data in compliance with regulatory requirements, reducing the risk of data breaches and legal penalties.
Accelerated Clinical Trials Cloud computing plays a significant role in speeding up clinical trials, which are often the most time-consuming and costly part of drug development. By using cloud-based platforms, pharmaceutical companies can collect, analyze, and share clinical trial data more efficiently. This enables faster decision-making and reduces the time it takes to bring new drugs to market. Additionally, cloud solutions can support virtual or decentralized trials, allowing for remote patient monitoring and data collection, which can further accelerate the process.
Enhanced Security Data security is a top priority in the pharmaceutical industry, given the sensitive nature of patient information and proprietary research. Cloud computing providers offer advanced security features such as encryption, multi-factor authentication, and regular security updates to protect data from unauthorized access. These security measures ensure that pharma companies can store their data securely, while still benefiting from the accessibility and flexibility of the cloud.
Real-World Applications of Cloud Computing in Pharma
Drug Discovery and Development Cloud computing is transforming the way pharmaceutical companies approach drug discovery. By leveraging the power of cloud-based analytics, researchers can analyze vast amounts of data, identify potential drug candidates, and predict their effectiveness. This speeds up the discovery process and increases the likelihood of developing successful treatments. Cloud platforms also enable researchers to collaborate with external partners, such as academic institutions and biotech companies, to share data and accelerate innovation.
Clinical Trial Management Managing clinical trials is a complex and resource-intensive process. Cloud-based solutions simplify this by providing a centralized platform for tracking patient data, monitoring trial progress, and managing regulatory compliance. This allows pharma companies to conduct trials more efficiently and with greater accuracy, ultimately leading to faster approvals and improved patient outcomes.
Supply Chain Optimization The pharmaceutical supply chain is intricate, involving multiple stakeholders, including manufacturers, distributors, and healthcare providers. Cloud computing enables better visibility and coordination across the supply chain, allowing companies to track inventory levels, monitor shipments, and ensure timely delivery of medications. By optimizing supply chain management, pharma companies can reduce costs and prevent shortages, ensuring that patients have access to the medications they need.
Personalized Medicine As the pharmaceutical industry shifts towards personalized medicine, cloud computing is playing a pivotal role in enabling this transformation. Cloud-based platforms allow researchers to analyze large datasets, including genetic information, to develop treatments tailored to individual patients. This data-driven approach improves the effectiveness of treatments and reduces the risk of adverse reactions, ultimately leading to better patient outcomes.
Challenges of Cloud Computing in Pharma
While cloud computing offers numerous benefits, there are also challenges that pharma companies must address.
Data Privacy Concerns Storing sensitive data in the cloud raises concerns about privacy and security. Pharma companies must ensure that their cloud providers comply with industry regulations and implement strong security measures to protect patient data.
Integration with Legacy Systems Many pharmaceutical companies still rely on legacy IT systems, which can make it challenging to integrate cloud solutions. Companies must invest in the right tools and expertise to ensure a smooth transition to the cloud.
Data Migration Moving large volumes of data to the cloud can be a complex and time-consuming process. Pharma companies need to develop a comprehensive data migration strategy to minimize downtime and ensure that critical data is not lost during the transition.
Conclusion
Cloud computing is revolutionizing the pharmaceutical industry by providing scalable, cost-effective, and secure solutions for managing data, enhancing collaboration, and accelerating drug development. By embracing cloud technology, pharma companies can improve efficiency, reduce costs, and bring life-saving treatments to market faster. As the industry continues to evolve, cloud computing will play an increasingly important role in driving innovation and improving patient outcomes.
0 notes
Text
Trends and Insights in Lighting Services Procurement Intelligence
The global lighting services category is anticipated to grow at a CAGR of 4.5% from 2023 to 2030. Growth of the category can be attributed to rise in global infrastructure projects, innovations in lighting systems, favorable regulatory environment, emergence of Lighting-as-a-Service (LaaS) business model, high demand for LED lighting, and growing demand in applications such as interior design and photography. LaaS consists of a subscription-based service for lighting needs of businesses. Key advantages of LaaS include zero upfront costs, reduction in energy usage, enhanced employee productivity and safety, and improvement in building operations. Key factors restraining the category include increased inflation and economic slowdown, issues in maintenance, rising raw material costs, complexity in pricing structures, supply chain disruptions, and environmental concerns.
Key technological advancements driving the global lighting services category include smart lighting systems, Internet of Things (IoT) enabled lighting, Luminaire-level lighting controls (LLLC), wireless lighting, Li-Fi (Light-Fidelity) systems, Light Detection and Ranging (LiDAR) sensors, and lithium-ion batteries. LLLC consist of lighting control systems embedded with sensors and controllers enabling autonomous control. Benefits of LLLC include ease of installation, long-term flexibility, and reduction in energy costs. It is suitable for offices, classrooms, and commercial facilities that require lighting reconfiguration. Smart lighting systems contain LED bulbs that contain software which is used to automate lighting control. These systems can by controlled by mobile applications and provide energy efficiency, security, and convenience to end-users.
The lighting services category is fragmented and consists of a large number of global market players, turning the category to be competitive. Key players in the category set themselves apart by providing innovative technologies, offering customized solutions, optimizing service quality, engaging in strategic partnerships, adopting effective marketing strategies, having a strong digital presence, and emphasizing customer satisfaction in order to enhance their service portfolio and to stay competitive. Moreover, they are actively focusing on improving environmental sustainability by using energy-efficient lighting equipment. Additionally, key players are also focusing on improving the overall customer experience by offering tailored pricing plans, flexibility and scalability of services, providing end-to-end services, and focusing on end user experience. Buyers in the category possess high bargaining capability owing to an extensive supply base.
Order your copy of the Lighting Services Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Labor, equipment, wiring and components, maintenance and repair, licensing and compliance, and other costs are the key components of this category. Other costs include transportation and logistics, rent and utilities, sales and marketing, insurance, and taxes. Labor and equipment account for the largest share of the cost structure. A prominent pricing structure used in lighting services is fixed-price structure, which guarantees that a service provider will receive the approved sum of money specified in the contract and have a predetermined, predictable pricing for the services indicated. Another type of pricing structure is based on time and materials, in which the price is decided by the cost of materials and the amount of time needed to finish the task. This pricing structure is usually adopted when the time and resources required for a particular service cannot be realistically concluded beforehand. An FTE-based pricing structure is also used in this category, where the service provider decides the pricing based on the headcount of resources working on the project. Additionally, service providers in this category may also use value-based pricing, wherein the rates are decided based on the consumer’s perceived value of the service.
Asia Pacific dominates the global lighting services category, holding a significant portion of the global market share. Key driving factors for this region include presence of several large-scale vendors in China, rise in the number of smart city projects, increase in government initiatives to promote energy-efficient lighting systems, and emergence of LaaS. Key driving factors in developed regions such as North America and Europe include presence of large-scale companies, adoption of innovative technologies, and high usage of energy efficient products. Asia Pacific is also expected to be the fastest growing region during the forecasted period due to a surge in the number of commercial facilities that require lighting, rising usage of LaaS model, and rise in the number of providers of lighting services. Comparing the prices charged by various service providers, assessing service capabilities based on type of lighting equipment, evaluating the experience level of service providers, comparing technologies used in lighting equipment and service provision, comparing the lead time of various service providers, measuring service quality based on customer testimonials, and checking adherence to environmental and safety norms are some of the best sourcing practices considered in this category.
Lighting Services Procurement Intelligence Report Scope
• Lighting Services Category Growth Rate: CAGR of 4.5% from 2023 to 2030
• Pricing Growth Outlook: 5% - 10% increase (Annually)
• Pricing Models: Fixed pricing, Time and materials-based pricing, FTE pricing, Value based pricing
• Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence
• Supplier Selection Criteria: Geographic service provision, years in service, industries served, revenue generated, employee strength, certifications, type of lighting product, type of lighting service, technological capabilities, lead time, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Browse through Grand View Research’s collection of procurement intelligence studies:
• Benefit Administration Tool Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Drilling Equipment & Consumables Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Key Companies
• Eaton Corporation plc
• Koninklijke Philips N.V.
• LEDtronics Sdn Bhd
• Ledvance GmbH
• Lumenix
• OSRAM GmbH
• Panasonic Corporation
• Schneider Electric
• Signify Holding
• Stouch Lighting
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
#Lighting Services Procurement Intelligence#Lighting Services Procurement#Procurement Intelligence#Lighting Services Market#Lighting Services Industry
0 notes
Text
Automotive Battery Management System Market Set for Explosive Growth
Market Research Forecast released a new market study on Global Automotive Battery Management System Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Automotive Battery Management System Forecast till 2032. The Automotive Battery Management System Marketsize was valued at USD 8.25 USD Billion in 2023 and is projected to reach USD 23.56 USD Billion by 2032, exhibiting a CAGR of 16.17 % during the forecast period. Key Players included in the Research Coverage of Automotive Battery Management System Market are: Robert Bosch GmbH (Germany), Continental AG (Germany), Toshiba Corporation (Japan), Intel Corporation (U.S.), NXP Semiconductors NV (Netherlands), Analog Devices, Inc. (U.S.), Denso Corporation (Japan), Johnson Matthey, Inc. (U.K.), LG Chem, Ltd. (South Korea), Midtronics, Inc. (U.S.) What's Trending in Market: Rising Adoption of Automation in Manufacturing to Drive Market Growth Market Growth Drivers: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion The Global Automotive Battery Management System Market segments and Market Data Break Down Propulsion Type: BEV, PHEV, and HEV","Vehicle Type: Passenger Cars and Commercial Vehicles GET FREE SAMPLE PDF ON Automotive Battery Management System MARKET To comprehend Global Automotive Battery Management System market dynamics in the world mainly, the worldwide Automotive Battery Management System market is analyzed across major global regions. MR Forecast also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.
Extracts from Table of Contents Automotive Battery Management System Market Research Report Chapter 1 Automotive Battery Management System Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued More Reports:
https://marketresearchforecast.com/reports/automotive-usage-based-insurance-market-2982 For More Information Please Connect MR ForecastContact US: Craig Francis (PR & Marketing Manager) Market Research Forecast Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: (+1 201 565 3262, +44 161 818 8166)[email protected]
#Global Automotive Battery Management System Market#Automotive Battery Management System Market Demand#Automotive Battery Management System Market Trends#Automotive Battery Management System Market Analysis#Automotive Battery Management System Market Growth#Automotive Battery Management System Market Share#Automotive Battery Management System Market Forecast#Automotive Battery Management System Market Challenges
0 notes
Text
E-Prescribing Market Size To Reach $19.28 Billion By 2030
E-Prescribing Market Growth & Trends
The global E-Prescribing market size is expected to reach USD 19.28 billion by 2030, expanding at a CAGR of 26.8%, according to a new report by Grand View Research, Inc. Increasing emphasis on reduction of drug abuse & fraud, rising initiatives by the government to digitalize healthcare systems, and growing efforts on reducing medication errors are the major factors driving growth. However, high initial investment and resistance to the adoption of new technology, by both patients & healthcare providers, restrain growth. On the other hand, improving healthcare infrastructure and increasing healthcare expenditure in developing countries are anticipated to provide numerous growth opportunities for the market. Moreover, using Electronic Healthcare Records (EHRs) with e-prescribing increases the growth potential.
Healthcare providers have increased interoperability tool adoption for boosting price transparency, healthcare management, and specialty medications, during the COVID-19 pandemic. The pandemic sparked the adoption of virtual healthcare and the e-prescribing market witnessed a 72.5% increase in the number of electronic prescriptions, along with the adoption of telehealth, during the starting months of the outbreak.
E-prescribing is widely used in the preparation and maintenance of complete medication lists. Moreover, the technology also aids the extraction of complete patient information and formulary with continuous data security checks. These services are gaining traction due to the increasing application of technology in the healthcare sector and significant support from governments across the world. For instance, government initiatives include incentive programs to promote e-prescribing, such as the National Council for Prescription Drugs Program and the Clinical Health Act in North America.
Key players in the market are investing in the launch of new products and collaborations for sustaining the market. For instance, in August 2021, Surescripts collaborated with GoodRx, an American company that allows resources to ensure healthcare savings. The collaboration delivered drug discount price information to prescribers using the Surescripts Real-Time Prescription Benefit while prescribing medications for patients who do not have insurance.
Request a free sample copy or view report summary: E-Prescribing Market Report
E-Prescribing Market Report Highlights
As a result of increasing adoption and growing preference, integrated solutions are expected to expand at a CAGR of 26.8%
The standalone system segment is expected to exhibit steady growth during the forecast period, owing to the lower price and easy installation
Implementation and support services are expected to hold significant shares. This can be attributed to high initial investment followed by an ongoing need for support services
Web/cloud-based systems held the maximum market share by delivery mode in 2022
North America held a major market share of over 40% in 2022, owing to government initiatives and incentive programs
According to the U.S. Department of Health and Human Services, medical errors are the third biggest cause of death in the U.S.
Hospitals accounted for the maximum market share in the end-user segment due to the high degree of implementation of the technology in these settings
E-Prescribing Market Segmentation
Grand View Research has segmented the global e-prescribing market based on product, delivery mode, usage methods, substances, specialties, end-use, and region:
E-Prescribing Product Outlook (Revenue, USD Million, 2017 - 2030)
Solutions
Integrated Solutions
Standalone Solutions
Services
Support
Implementation
Training
Network
E-Prescribing Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)
Web/Cloud-Based
On Premise
E-Prescribing End-use Outlook (Revenue, USD Million, 2017 - 2030)
Hospital
Office-based Physicians
Pharmacy
E-prescribing Usage Methods Outlook (Revenue, USD Million, 2017 - 2030)
Handheld
Computer Based Devices
E-Prescribing Substances Outlook (Revenue, USD Million, 2017 - 2030)
Controlled Substances
Non-controlled Substances
E-Prescribing Specialties Outlook (Revenue, USD Million, 2017 - 2030)
Oncology
Sports Medicine
Neurology
Cardiology
Others
E-Prescribing Regional Outlook (Revenue, USD Million, 2017 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Netherlands
Asia Pacific
Japan
China
India
Australia
Singapore
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
List of Key Players in the E-Prescribing Market
Cerner Corporation (Oracle)
Allscripts Healthcare, LLC
Epic Systems Corporation
DrFirst
Athenahealth
NXGN Management, LLC
McKesson Corporation
Surescripts
Change Healthcare
Practice Fusion, Inc.
Networking Technology, Inc. (RXNT)
#E-Prescribing Market#E-Prescribing Market Trends#E-Prescribing Market Size#E-Prescribing Market Share#E-Prescribing Market Growth
0 notes
Text
Data Center Infrastructure Management Market: Valuation Expected to Surpass US$ 15.2 Billion by 2033
The global DCIM market size is anticipated to gain astonishing growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to exceed a valuation of US$ 3,540.4 million in 2023. The market is estimated to showcase a splendid CAGR of 15.8% from 2023 to 2033.
Digitalization and internet usage have skyrocketed in recent years. Businesses are quickly distributing computer resources across a variety of environments, including cloud servers, edge data centers, and physical systems. For many firms, obtaining end-to-end visibility to forecast capacity requirements is of the highest importance. It is becoming increasingly important to link monitoring systems with various applications and databases to improve data accuracy. The market’s growth potential is increasing as next-generation DCIM offerings are deployed by booming businesses.
Request a sample to obtain additional highlights and key points on various market segments and their impact in the coming years https://www.futuremarketinsights.com/reports/sample/rep-gb-14529
Cloud computing, big data, and artificial intelligence are in huge demand, which considerably aids the growth of the DCIM industry. Providers may broaden their operations based on demand with the aid of these technologies. Automated tasks assist in minimizing workload and boosting effectiveness. Acquiring information in real-time aids in streamlining processes as a whole. As a result, market players are placing more emphasis on selling DCIM to expand their product portfolios. They are emphasizing increased power capacity and decreased space requirements.
With substantial investments in data center expansion, the Asia Pacific data center infrastructure management market is rapidly growing. Key countries like India, China, and Japan are making significant investments in industries like BFSI, retail, healthcare, manufacturing, telecommunications, and IT. These factors are fostering economic expansion in the Asia Pacific region.
Key Takeaways from Market Report:
The global DCIM market expanded at a captivating CAGR of 13.7% from 2018 to 2022.
In 2018, the global market size stood at US$ 1,851.8 million.
The global DCIM market accounted for US$ 3,100.2 million in 2022.
The Banking, Financial Services, and Insurance (BFSI) industry vertical captured 21.2% of the global market share in 2022.
The facility management segment captured a market share of 40.3% in 2022.
The North America DCIM market exhibited a CAGR of 28.4% in 2022.
Know more about this market’s geographical distribution along with a detailed analysis of the top regions: https://www.futuremarketinsights.com/reports/dcim-market
Recent Developments Observed by FMI:
Schneider Electric published a new whitepaper and tradeoff tool in February 2023. to address the challenges managed by DCIM hybrid IT management. It focuses on sustainable IT operations and a strong foundation of security.
Schneider Electric introduced Ecostruxure IT, a data center infrastructure management (DCIM) product, in June 2022. With the new launch, CIOs can manage the infrastructure that is spread across colocation, public cloud services, edge resources, and their on-premises resources.
In November 2021, Siemens launched the ground-breaking Industrial Edge ecosystem open IT platform. This makes it easier to implement scalable IT systems and applications in real-world settings. Additionally, B2B clients are now able to purchase and manage various software components from a single platform.
The dcTrack solution was updated by Sunbird Software in October 2021. Due to the first-generation DCIM’s slowness, enterprise-class clients previously had trouble remotely managing all of their data centers, labs, units, and edge locations. dcTrack has enhanced its scalability and tool management features to address these issues.
Key Players in the Market:
ABB Ltd.
Commscope Inc.
Cormant Inc.
Eaton Corp Inc.
IBM Corp.
Market Segmentation
By Solution:
IT Asset Management
Facility Management
Consulting
Others
By Component:
IT Asset
DCIM Software
Power
Cooling
Others
By Industry Vertical:
Banking, Financial Services and Insurance (BFSI)
Information Technology
Telecom
Healthcare
Retail
Others
By Region:
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
0 notes
Text
Exploring the Growth and Insightful Analysis of the Vehicle Analytics Market
Overview and Scope Vehicles analytics is an analytical technique that also provides road condition inspection, information related to vehicle counting, tracking, speed detection, incorrect direction detection, and brand detection. It is used to track real-time information from the vehicles and gain real-time insights about the current state of the vehicle and related operating activities. Sizing and Forecast The vehicle analytics market size has grown exponentially in recent years. It will grow from $3.19 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 22.6%. The growth in the historic period can be attributed to telematics adoption, safety and security concerns, predictive maintenance, regulatory compliance, urbanization and traffic management.. The vehicle analytics market size is expected to see exponential growth in the next few years. It will grow to $8.49 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/vehicle-analytics-global-market-report Segmentation & Regional Insights The vehicle analytics market covered in this report is segmented – 1) By Component: Software, Services 2) By Deployment Model: On-Premises, On-Demand 3) By Application: Predictive Maintenance, Warranty Analytics, Traffic Management, Safety And Security Management, Driver And User Behaviour Analysis, Dealer Performance Analysis, Infotainment, Usage-Based Insurance, Road Charging 4) By End-User: Original Equipment Manufacturers (OEMs), Service Providers, Automotive Dealers, Fleet Owners, Regulatory Bodies, Insurers North America was the largest region in the vehicle analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vehicle analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=6398&type=smp Major Driver Impacting Market Growth The growing dominance of connected vehicles is significantly contributing to the growth of the vehicle analytics market. Connected vehicles are the type of vehicles that are capable of connecting to nearby devices to communicate over networks. Growing connected vehicles are resulting in the rising need for vehicle analytics to offer various features such as warranty analytics, predictive maintenance, dealer performance analysis, and others. Key Industry Players Major companies operating in the vehicle analytics market report are SAP SE, International Business Machines Corporation, Microsoft Corporation, Genetec Inc., Cloud Made Ltd., Harman International Industries Inc., Teletrac Navman, Agnik LL, Pivotal Software Inc., SAS Institute Inc. The vehicle analytics market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
0 notes
Text
Telehealth Market Expected To Cross $455.3 Billion By 2030
The global telehealth market size is anticipated to reach USD 455.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 24.3% over the forecast period of 2024 - 2030. Rising penetration of internet and evolution & development of smartphones are factors that have contributed to the market’s growth. COVID-19 pandemic and associated lockdowns & social distancing norms are major factors driving the market growth. As governments globally announced social distancing norms to prevent spread of disease, number of visitors & active members on telehealth platforms rapidly increased between 2019 & 2020.
Advancement of smartphone technology for enhancing disease diagnostics is a key driver for market expansion. According to the GSM Association report, The Mobile Economy 2022, the global number of individuals connected to mobile services was 5.3 billion in 2021, and this figure is projected to reach 5.7 billion by 2025, constituting 70% of the global population as unique mobile subscribers. There is also a notable increase in smartphone penetration, reaching 75% in 2021 and expected to reach 84% by 2025, as highlighted in The Mobile Economy 2022. This growing prevalence of smartphones among consumers is fueling the growth of various mHealth applications in the market. In addition, the continuous enhancement of network infrastructure and expanding network coverage contribute to the rising demand for telehealth services.
Furthermore, the number of health apps has increased significantly in recent years. As per data published by MobiusMD, as of 2021, there were 350,000 health, medical, and fitness apps in the market. Health apps facilitate effective communication between patients living in remote locations and healthcare professionals. Moreover, the usage of mobile devices is rising among physicians. As per a report by BMC Health, around 82% of people use mobile phones for patient engagement. Thus, rising importance of mobile phones and mHealth for improving health outcomes & patient care is driving the market growth.
Furthermore, insurance firms and healthcare payers are engaging in partnerships with key market players to offer complimentary consultation services to patients. For instance, the collaboration between AIG and Cigna with Doctor Anywhere in Singapore. This collaboration aims to provide free consultation services to patients in Thailand, Singapore, and Vietnam. In addition, the increasing prevalence of public-private partnerships, advancements in digital infrastructure, government initiatives, and continuous progress in digital health technologies are expected to drive the demand for virtual care applications and services. Several major players such as Siemens Healthineers, Doctor Anywhere, and GlobalMed have reported significant increases in revenue and active users during the pandemic.
Request a free sample copy or view report summary: Telehealth Market Report
Telehealth Market Report Highlights
Based on product type, services segment held the largest revenue share of 47.2% in 2023. This large share is attributed to the increased adoption of telehealth services to manage chronic conditions, monitor health combined with advancements in digital healthcare infrastructure, which have contributed to the segment growth
In terms of delivery mode, web-based delivery segment dominated the market in 2023 with the largest revenue share. Factors such as rising adoption of web-based solutions by the healthcare professionals as well as patients to access healthcare services positively impacted the market growth
In terms of end-use, provider segment held the largest share in 2023, due to increasing adoption of teleconsultation, telemedicine, and telehealth among healthcare professionals to reduce burden on healthcare facilities
Based on disease area, radiology segment emerged as the largest segment in 2023 with a revenue share of 12.7%. However, psychiatry segment is anticipated to grow at the fastest CAGR over the forecast period owing to increase in patients with anxiety, stress, and mental illnesses
In terms of region, North America contributed the largest share in 2023 due to the availability of favorable government initiatives and digital infrastructure to provide digital solutions to the patients. Asia Pacific is expected to witness the fastest CAGR over the forecast period
Players in the market are adopting various strategies including collaboration, service launches, partnerships to maintain a competitive edge. For instance, in May 2023, CareSpan Health, Inc. and ChopraX, LLC signed a Memorandum of Understanding to collaborate and develop, and launch a global telehealth platform, the Proposed ChopraX-CareSpan Telehealth Platform
Telehealth Market Segmentation
Grand View Research, Inc. has segmented the global telehealth market report based on product type, delivery mode, end-use, disease area, and region:
Telehealth Product Type Outlook (Revenue, USD Million, 2018 - 2030)
Hardware
Monitors
Medical Peripheral Devices
Blood Pressure Meters
Blood Glucose Meters
Weighing Scales
Pulse Oximeters
Peak Flow Meters
ECG Monitors
Others
Software
Standalone Software
Integrated Software
Services
Remote Patient Monitoring
Real-Time Interactions
Store and Forward
Others
Telehealth Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
On-premise
Web-based
Cloud-based
Telehealth End-use Outlook (Revenue, USD Million, 2018 - 2030)
Payers
Providers
Patients
Telehealth Disease Area Outlook (Revenue, USD Million, 2018 - 2030)
Psychiatry
Substance Use
Radiology
Endocrinology
Dermatology
Gastroenterology
Neurological Medicine
ENT
Cardiology
Oncology
Dental
Gynecology
General Medicine
Others
Telehealth Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Spain `
Italy
Russia
Belgium
Netherlands
Luxembourg
Asia Pacific
China
Japan
India
South Korea
Australia
Singapore
Latin America
Brazil
Mexico
Chile
Argentina
MEA
South Africa
Saudi Arabia
UAE
List Of Key Players in the Telehealth Market
Koninklijke Philips N.V.
Siemens Healthineers
Oracle Cerner (earlier Cerner Corp.)
GE Healthcare
Medtronic PLC
Teladoc Health Inc
American Well
Doctor on Demand
GlobalMed
MDLIVE
0 notes
Text
AI Chatbots Market Rewriting Long Term Growth Story
Advance Market Analytics published a new research publication on "AI Chatbots Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the AI Chatbots market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/128229-global-ai-chatbots-market
Some of the key players profiled in the study are: IBM Corporation (United States), Intercom (United States) , Salesforce (United States), Acuvate (United Kingdom), LivePerson (United States), Imperson (United States), Aivo (Finland), Creative Virtual Ltd. (United Kingdom), Vergic (Sweden) , Amplify (United States).
Scope of the Report of AI Chatbots An AI chatbot is a piece of software that can mimic a user discussion in natural language via messaging apps. It improves customer response rates by making your website open 24 hours a day, seven days a week. AI Chatbot saves you time and money while also improving client satisfaction. Chatbots utilize machine learning and natural language processing (NLP) to provide a conversational experience that is nearly human-like. It provides communication between a human and a machine, which can take the form of messages or voice commands. A chatbot is designed to function without the assistance of a human operator. It can react to queries posed to it in normal language as if it were a real person.
The titled segments and sub-section of the market are illuminated below: by Type (Menu/Button- Based Chabot, Keyword Recognition-Based Chatbot, Machine Learning Chatbot, The Hybrid Model, Voice Bots, Others), Function (Voice Command, Text chat), End Users (Healthcare, Retail, Banking and Insurance, Travel & Tourism, E-commerce, Others), Enterprise (Small Enterprise, Medium Enterprise, Large Enterprise) Market Trends: Rapid Development of Conversational AI Chatbots Opportunities: AI Chatbots are Cost-Effective than Hiring an Employee Rising Demand from E-Commerce, Banking and Retail Sector Market Drivers: Growing Prevalence of Voice-Based Software Increase Usage of Messaging Application Such as Facebook Messenger and WhatsApp Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global AI Chatbots Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/128229-global-ai-chatbots-market Strategic Points Covered in Table of Content of Global AI Chatbots Market: Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the AI Chatbots market Chapter 2: Exclusive Summary – the basic information of the AI Chatbots Market. Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the AI Chatbots Chapter 4: Presenting the AI Chatbots Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis. Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020 Chapter 6: Evaluating the leading manufacturers of the AI Chatbots market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028) Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source finally, AI Chatbots Market is a valuable source of guidance for individuals and companies.
Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/128229-global-ai-chatbots-market
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
#Global AI Chatbots Market#AI Chatbots Market Demand#AI Chatbots Market Trends#AI Chatbots Market Analysis#AI Chatbots Market Growth#AI Chatbots Market Share#AI Chatbots Market Forecast#AI Chatbots Market Challenges
0 notes
Text
Benefits of AI Transformation
AI Transformation Adoption
After generative AI emerged, CEOs worldwide examined its potential for their enterprises, making this year one of technology’s most exciting. Many see its worth and want to keep inventing, while others are excited by what it has unlocked and want to embrace it. Microsoft is committed to responsible AI initiatives based on pragmatic innovation and client AI transformation.
After talking to customers and partners about the results they’re seeing and rationalizing them against Microsoft’s generative AI capabilities, we’ve identified four areas for organizations to empower their AI Transformation: enriching employee experiences, reinventing customer engagement, reshaping business processes, and bending the innovation curve. Based on this, pragmatic AI innovation is simpler to implement, and I am proud of our global influence with clients and partners. From building customer-focused AI and cloud services for millions throughout Europe and Africa with Vodafone to empowering consumers and workers with generative AI with Walmart.
Copilot technology improves employee experiences and shapes work
Bayer employees are cooperating better on global research projects and saving time on everyday chores using Copilot for Microsoft 365, while Finnish business Elisa is helping finance, sales, and customer service knowledge workers optimize mundane operations. Cathay and MTR, Hong Kong’s leading transportation corporations, are optimizing processes, boosting communications, and decreasing administrative responsibilities.
Banreservas is increasing staff efficiency and decision-making. KPMG has witnessed a 50% increase in staff productivity, Dentsu is saving hundreds of workers up to 30 minutes per day on creative visualization, and EY’s Copilot for Microsoft 365 makes it simpler to produce reports and access insights in near real-time. Malaysian financial services company PNB saves workers time going through papers and emails, and AmBank staff improves their performance. Financial advisors at Hargreaves Lansdown use Copilot for Microsoft 365 and Teams to boost efficiency and engage attendees. Copilot for Dynamics 365 from Avanade saves sellers time updating contact information and summarizing email conversations, while HSO Group, Vixxo, and 9altitudes streamline field and support team operations.
Reimagining consumer interaction using generative AI to boost value and pleasure
On their Power Pages webpage, MECOMS allows utility customers to ask questions and obtain power usage reduction advice using Microsoft Fabric and copilot. Schneider Electric’s Resource Advisor copilot improves data analysis, visualization, decision assistance, and performance optimization. Dynamics 365 Customer Insights and Copilot for Dynamics 365 help California State University San Marcos customize the student experience and engage parents and alumni.
Adecco Group is strengthening its services and solutions with Azure OpenAI Service to prepare workers for generative AI, UiPath has helped one of its insurance customers save over 90,000 hours through more efficient operations, and Providence has developed a solution for clinicians to respond to patient messages up to 35% faster. Domino’s, LAQO, and OCBC are constructing generative AI assistants to save time, enhance customer service, and concentrate on more sophisticated jobs.
Atento has increased customer satisfaction by 30% and reduced operational errors by nearly 20% in a few weeks after introducing its copilot to personalize customer service, and Turkey-based Setur is personalizing travel planning with a chatbot to customize responses in multiple languages for its 60,000 daily users. In six weeks, apparel company Coats Digital built an AI assistant to simplify client onboarding. Greece-based ERGO Insurance collaborated with EBO to provide 24/7 virtual agent support, while H&R Block created AI Tax Assist to help individuals and small business owners file and manage their taxes confidently and save money.
Redesigning corporate procedures to boost developer creativity, AI innovation, and efficiency
Siemens created an industrial copilot to streamline design engineer-front-line worker virtual communication, simulation timeframes, and job completion from weeks to minutes. Hanover Research created an AI-powered research tool with Neudesic to optimize operations and find insights 10 times quicker. The London Stock Exchange Group and Milliman are using Microsoft Fabric to generate greater value from data insights, while Zeiss is optimizing analytics processes to help teams make customer-centric choices.
A unique Azure AI-based document processing solution saved Volvo Group over 10,000 manual hours. Carlsberg has increased development team efficiency by integrating GitHub Copilot, while Hover, SPH Media, Doctolib, and CloudZero have improved processes in an agile and secure environment. Mastery Logistics Systems and Novo Nordisk use GitHub Copilot to automate repetitive coding work for engineers, while Intertech uses it with Azure OpenAI Service to improve coding correctness and cut daily emails by 50%. Unique AG, a Swiss AI-driven startup, helps financial sector customers decrease administrative labor, speed up procedures, and enhance IT support.
Azure OpenAI Service helps PwC streamline its audit process and increase transparency for clients. Epiq streamlined staff procedures using Power Platform, including AI and Copilot, saving over $500,000 annually and 2,000 hours each month. PGE is resolving 40% of support desk requests to save over $1 million annually, while Nsure is automating manual processing to save expenses by 50% and processing times by 60%. WTW is using Microsoft Copilot for Security to accelerate threat-hunting by allowing cyber teams to ask questions in natural language, while LTIMindtree plans to use it to reduce training time and improve security analyst skills.
Innovating across sectors with unique AI
Copilot for Dynamics 365 helps charity Team Rubicon swiftly finds and engages the appropriate volunteers in the right places to improve disaster response. Tom Tom, located in the Netherlands, is creating an AI-powered voice assistant to aid drivers with navigation and temperature management. VinBrain has created one of Vietnam’s first AI-powered copilots to help doctors improve screening and detection and improve doctor-patient relations. To speed up industrial automation system development, Rockwell Automation is introducing Azure OpenAI Service industry-first features.
Perplexity.AI developed their conversational response engine in six months using Azure AI Studio to democratize AI and reach millions of users. Generative AI is helping Myntra, India’s largest online apparel store, solve the open-ended search issue by helping buyers choose occasion-appropriate outfits. Aisin Corp. in Japan has created a generative AI app to help deaf and hard of hearing people navigate, communicate, and translate, and Natural Reader in Canada is using Azure AI to improve AI voice quality to make education more accessible for students with learning differences. Synopsys is using generative AI to speed up semiconductor design, one of the most difficult technical issues.
As businesses embrace AI Transformation, they must clarify how to use AI to solve their most important business demands. Microsoft is dedicated to helping customers and partners accelerate pragmatic AI innovation. As your technology partner of choice, Microsoft innovative copilot capabilities, exceptional partner ecosystem, and unique co-innovation activities with clients support your success. They also value the trust they have earned via their partnership approach, ethical AI solutions, and data, privacy, and IP protection. We think AI innovation enables us to live closer to our goal than ever before.
Read more on Govindhtech.com
#AITransformation#Microsoft#generativeAI#Copilottechnology#CopilotforMicrosoft365#Microsoft365#technology#technews#ai
0 notes
Text
Everything you should know about the OET Writing Test
An globally recognized test of English language competency, the Occupational English Test (OET) evaluates candidates’ English language proficiency in the context of a healthcare setting.
Universities, companies, and healthcare regulatory agencies across the globe — including the UK, Australia, New Zealand, and Singapore — recognize the test. This four-subtest task-based assessment evaluates candidates’ proficiency in using English in a healthcare context. It is divided into four sections: Speaking, Reading, Writing, and Listening. We will go over all you need to know about the OET writing test in this section.
Letter Writing Task
The candidate’s proficiency with suitable language and vocabulary, as well as their ability to arrange their thoughts logically and coherently, are evaluated in the OET Letter Writing test. It is expected of candidates to employ a variety of terminology and sentence patterns that fit the scenario’s description. Additionally, they should show that they are aware of the proper salutations and closings, as well as the usage of formal language while writing letters.
Usually, a scenario that depicts a particular healthcare-related circumstance serves as the basis for the assignment. The scenario will give the applicant all the details they need to finish the letter, such as its goal, its intended recipient, and any special directions or specifications. In order to meet the requirements of the scenario, the letter must be precise, succinct, and unambiguous.
Depending on the circumstances, the letter’s goal may change. It could be a letter of request, letter of recommendation, letter of discharge, letter of complaint, or letter of follow-up. The letter’s intended recipient may be an insurance company, a patient, a family member, or a healthcare provider.
Candidates should practice composing letters related to their line of work in order to be ready for the OET Letter composing problem. They should familiarize themselves with the specialized vocabulary and jargon used in their industry. In order to assist applicants get better at composing letters and get ready for the test, OET practice resources and preparation courses can also be beneficial.
Report Writing Task
The second kind of writing job in the OET Writing subtest is the OET Report Writing task. Its purpose is to evaluate the candidate’s report-writing skills in relation to a particular healthcare scenario. Candidates must complete the work by writing a report that satisfies the requirements of the scenario and is accurate, succinct, and clear.
The occupational english test Report Writing activity usually involves describing a particular healthcare-related circumstance that calls for the writing of a report. The scenario will give the applicant all the details they need to finish the report, such as its goal, who the target audience is, and any special guidelines or needs.
Depending on the circumstances, the report’s goal may change. A case study report, an event report, or a clinical or research report could be the format. The report’s target audience may include patients, regulatory agencies, and other healthcare professionals. Candidates are evaluated on their ability to deliver accurate and pertinent information in addition to the language and structure of the report. In addition to providing information that is suitable and pertinent to the report’s goal, they should show that they comprehend the healthcare-related issue that is shown in the scenario.If you are preparing OET Then StudyOET is the Best Platform.
0 notes
Text
Digital Disruption: The Role of Fintech Technologies in Shaping the Future of Finance
Increase in use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies aiming to make financial services more advance & accessible to the general public. Moreover, Fintech technology companies consist of both startups and established financial institutions trying to replace & enhance usage of financial services provided by existing financial companies. In addition, Fintech technologies include advance technologies such as artificial application programming interface (API), artificial intelligence (AI), blockchain, robotic process automation, and data analytics to enhance financial processes. Payments, fund transfer, personal finance, insurance, and wealth management are some of the major business areas engaged in fintech technologies.
According to the report published by Allied Market Research, the global fintech technologies market size was valued at $110.57 billion in 2020, and is projected to reach $698.48 billion by 2030, growing at a CAGR of 20.3% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top investment pockets, regional landscape, major segments, value chain, and competitive scenario.
Convenience services & maintenance of transparency in terms of financial inclusions and integration of advanced technologies drive the growth of the global fintech technologies market. However, privacy & security concerns with massive shift of consumer data and conflicting regulations across different jurisdictions hinder the market growth. On the other hand, expansion of offerings in developing economies with growth in the middle-class segment, rise in literacy level, rapid urbanization, and increase in tech-savvy youth generation presents new opportunities in the coming years.
Request Sample Report: https://www.alliedmarketresearch.com/request-sample/5024
COVID-19 Scenario:
The demand for fintech technologies increased with surge in usage and adoption of online & digitalized financial products among consumers across the world. In addition, fintech providers have been consolidating their capital and funding for technologies from investors and lenders. Fintech innovations are coming into picture to reduce the cost of services, making financial institutions possible to reach more people and eliminate the need for face-to-face interactions during the pandemic. The report offers detailed segmentation of the global fintech technologies market based on deployment mode, application, technology, end user, and region. Based on deployment mode, the on-premise segment accounted for the highest market share in 2020, contributing to nearly three-fifths of the total share, and is projected to maintain its leadership status during the forecast period. However, the cloud segment is expected to register the highest CAGR of 21.3% from 2021 to 2030.
Interested to Procure the Data? Inquire Here @: https://www.alliedmarketresearch.com/purchase-enquiry/5024
Based on end user, the banking sector contributed to the highest market share in 2020, accounting for more than half of the global fintech technologies market, and is projected to continue its lead in terms of revenue during the forecast period. However, the securities segment is estimated to witness the highest CAGR of 23.2% from 2021 to 2030.
Based on region, North America held the largest share in 2020, accounting for more than one-third of the total share, and is estimated to maintain its dominant share in terms of revenue by 2030. However, Asia-Pacific is projected to portray the largest CAGR of 22.1% during the forecast period.
Get Detailed COVID-19 Impact Analysis on the Fintech Technologies Market: https://www.alliedmarketresearch.com/request-for-customization/5024
List of companies profiled of the global fintech technologies market analyzed in the research include Blockstream Corporation Inc., Bankable, Cisco Systems Inc., Circle Internet Financial Limited, IBM Corporation, Microsoft, Goldman Sachs, Oracle, NVIDIA Corporation, and Tata Consultancy Services Limited. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.
Fintech Technologies Market Key Segments
By Deployment Mode
On-premise Cloud
By Application
Payment & Fund Transfer Loans Insurance & Personal Finance Wealth Management Others
By Technology
Application Programming Interface (API) Artificial Intelligence (AI) Blockchain Robotic Process Automation Data Analytics Others
By End User
Banking Insurance Securities Others
Related Reports:
Europe Open Banking Market https://www.alliedmarketresearch.com/europe-open-banking-market-A16019
Housing Finance Market https://www.alliedmarketresearch.com/housing-finance-market-A17178
Business Travel Insurance Market https://www.alliedmarketresearch.com/business-travel-insurance-market
Retail Cash Management Market https://www.alliedmarketresearch.com/retail-cash-management-market-A16646
Crowdfunding Market https://www.alliedmarketresearch.com/crowdfunding-market-A47387
Car Finance Market https://www.alliedmarketresearch.com/car-finance-market
Insurance Analytics Market https://www.alliedmarketresearch.com/insurance-analytics-market-A07602
Mutual Fund Assets Market https://www.alliedmarketresearch.com/mutual-fund-assets-market-A06932
Asia-Pacific Travel Insurance Market https://www.alliedmarketresearch.com/asia-pacific-travel-insurance-market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.
Int’l: +1–503–894–6022 Toll Free: +1–800–792–5285
UK: +44–845–528–1300
India (Pune): +91–20–66346060 Fax: +1–800–792–5285 [email protected]
0 notes
Text
ESG Trends Reshaping the Life Science Analytics Industry
Business goals in the healthcare and medical sectors are increasingly linked with big data, so much so that life science analytics has become a major proponent of environmental, social and governance (ESG) practices. At a time when life science companies are painstakingly emphasizing the manufacturing and distribution of medicines, research and development and innovation, sustainable reporting has become instrumental in solidifying their brand positions. ESG reporting can be the silver bullet to retain talent and drive business results with a positive influence on society and the best possible outcome for all.
A concerted and sustainable effort to expedite replacement, reduction and refinement to foster new research models, approaches and tools has panned well. Several organizations are banking on diversity to minimize attrition rates and employees who prioritize environmental issues and social factors for good health. Furthermore, policymakers, consumers, employees, investors and venture capitalists have prioritized transparency, leadership behavior, opportunities and pay parity.
IBM Views Sustainability as Vehicle to Drive Business
Business leaders have fostered their roles in the environment portfolio to bolster carbon footprint monitoring and develop recycling initiatives. Life science companies are poised to play an invaluable role in combating climate change. The 2021 UN Climate Change Conference (COP26)—Glasgow Climate Pact—has potentially encouraged companies to move towards a low-carbon and more sustainable path. IBM will use renewable sources to procure 75% of its global electricity consumption by 2025, the giant mentioned in its 2022 ESG report. The company is also committed to implementing at least 3,000 new energy conservation projects to offset the consumption of 275,000 MWh of energy from 2021 through 2025.
With IBM expecting to reach net-zero operational GHG emissions by 2030, it has addressed market-based scope 1 and 2 emissions and scope 3 emissions (linked with electricity consumption) at third-party co-location data centers. Besides, the technology behemoth pegged its weighted average power usage effectiveness (PUE) at 1.52 in 2022 vis-à-vis 1.552 PUE (baseline) in 2019. Commitment to environmental leadership has received an impetus, creating a path to reduce climate-related risks.
Is your business one of participants to the Life Science Analytics Industry? Contact us for focused consultation around ESG Investing, and help you build sustainable business practices
Wipro and Novartis Up Social Commitment to Turn ESG Goals into Actions
Employees and consumer safety are pivotal to further sustainable goals as companies foster social targets to underpin the business strategy. So much so that ESG-themed bond has become pronounced to make drugs more accessible to everyone. In September 2020, Novartis reportedly became the first pharma company to issue a sustainability-linked bond at EUR 1.85 billion (USD 2.2 billion) to impel patient reach in low- and middle-income countries (LMICs). The company is bullish on augmenting patient reach in LMICs through strategic innovative therapies by 200% by 2025.
Wipro underpinned its social profile with an infusion of funds into an inclusive and diverse culture that fosters sustainable performance. The Indian giant has implemented buoyant policies to attract and retain LGBTQ+ employees. It has apparently revised group mediclaim insurance and the medical insurance scheme to include same-sex partners of employees. In February 2021, Wipro was named in the Human Rights Campaign Foundation's Corporate Equality Index (CEI)—the U.S. corporate policies and practices pertaining to LGBT workplace equality. Cultivating a culture of inclusion will sow the seed of a plurality of ideas and embrace all forms of differences.
Accenture Invests in Board Diversity to Pave Path with Vision and Value
Gender-diverse boards are widely linked with better engagement, increased investment efficiency and increased work-life balance. The trend toward transparent disclosure and creating an equitable environment can be contagious. Accenture infers that 50% of its board of directors is women, while 50% is racially and ethnically diverse. The company's 2021 U.S. workforce data reveal that it has fostered the number of Asia Americans and Asia executives by 3.5 percentage points. The service company is gearing up to achieve its 2025 goals of boosting representation of Black, African American, Hispanic American and Latinx among its leadership and workforce. Forward-looking companies are expected to uphold sound corporate governance practices to ramp up their ESG objectives.
Amid medical device, pharmaceutical and diagnostic regulatory scenarios changing, top-performing companies are poised to inject funds into sustainable goals. Tax transparency, for instance, is invaluable to building trust among stakeholders. Plastic packaging tax in the U.K. came into force in April 2022, with the charge pegged at £210.82 per ton from 1 April 2023 on plastic packaging with less than 30% recycled plastic, imported or manufactured into the U.K.
Price transparency in hospitals has gained a considerable uptick, a compelling portfolio to raise the ESG bar. In January 2021, each hospital functioning in the U.S. have been required to offer accessible and clear pricing information online about services and items. With the ESG pressure compelling businesses to enhance their sustainable value chain, Grand View Research forecasts the global life science analytics market to exhibit a 7.7% CAGR between 2022 to 2030.
Related Reports:
Clinical Trials Industry ESG: https://astra.grandviewresearch.com/clinical-trials-industry-esg-outlook
Antibiotics Industry ESG: https://astra.grandviewresearch.com/antibiotics-industry-esg-outlook
Biotechnology Industry ESG: https://astra.grandviewresearch.com/biotechnology-industry-esg-outlook
About Astra – ESG Solutions by Grand View Research
Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. - a global market research publishing & management consulting firm.
Astra offers comprehensive ESG thematic assessment & scores across diverse impact & socially responsible investment topics, including both public and private companies along with intuitive dashboards. Our ESG solutions are powered by robust fundamental & alternative information. Astra specializes in consulting services that equip corporates and the investment community with the in-depth ESG research and actionable insight they need to support their bottom lines and their values. We have supported our clients across diverse ESG consulting projects & advisory services, including climate strategies & assessment, ESG benchmarking, stakeholder engagement programs, active ownership, developing ESG investment strategies, ESG data services, build corporate sustainability reports. Astra team includes a pool of industry experts and ESG enthusiasts who possess extensive end-end ESG research and consulting experience at a global level.
For more ESG Thematic reports, please visit Astra ESG Solutions, powered by Grand View Research
#Life Science Analytics Market#Life Science Analytics Industry#Life Science Analytics Industry ESG#ESG Report#life sciences esg#sustainability
0 notes
Text
VMI Market Expected to Boom in North America in Coming Years
The global virtual mobile infrastructure (VMI) market had a valuation of $115.8 million in 2018 and is predicted to reach a value of $194.3 million by 2024. According to the estimates of the market research company, P&S Intelligence, the market will exhibit a CAGR of 9.7% between 2019 and 2024. The market is being driven by the surging adoption of the bring-your-own-devices (BYOD) policy, the increasing penetration of smartphones, and growing coverage of high-speed internet all over the world.
Currently, businesses are looking for methods that can help them increase the productivity and efficiency of their employees. Due to the growing requirement for better mobility at workplaces, enterprises are rapidly adopting the BYOD policy. Moreover, this policy helps companies reduce their information technology (IT) expenditure and set-up time. Virtual mobile infrastructure allows companies to host their mobile applications on servers. Moreover, the adoption of VMI allows employees to access company applications from any device.
Apart from the aforementioned factors, the rising 5G penetration is also propelling the growth of the virtual mobile infrastructure market across the globe. The 5G technology offers increased bandwidth and speed. According to reports, data transfer speeds are predicted to be around 10 times higher with fifth generation cellular network technology than they were with 4G technology. In addition to this, the surging 5G penetration will minimize the problem of slow internet connection.
This will be because the 5G technology will provide as much as 10 times reduction in end-to-end latency than the 4G technology. Depending on deployment type, the virtual mobile infrastructure market is divided into cloud and on-premises categories. Of these, the cloud category recorded higher growth in the market during the last few years. This was because of the greater flexibility and scalability of the cloud-based VMI platforms than the on-premises-based ones.
Additionally, cloud-based deployment massively reduces the operational infrastructure costs and is thus, widely adopted by small and medium enterprises (SMEs) throughout the world. When industry is taken into consideration, the virtual mobile infrastructure market is classified into banking, financial services, and insurance (BFSI), government, healthcare, and information technology (IT) and telecom. Out of these, the BFSI category registered the highest growth in the market in the past years and is predicted to demonstrate the fastest growth in the future years.
Geographically, the market will register the fastest growth in Asia-Pacific (APAC) in the coming years. This will be a result of the rapid economic progress of the emerging economies such as India and China, the soaring IT expenditure, and the growing smartphone penetration in the region. The market will exhibit the highest growth in North America in the upcoming years, due to the rising internet and smartphone penetration and the presence of a well-developed IT infrastructure in the region.
Hence, it can be said with confidence that the market will exhibit huge expansion all over the world in the future years, primarily because of the increasing adoption of the BYOD policy by businesses, the mushrooming penetration of the internet, and the soaring usage of smartphones around the world.
0 notes
Text
Automotive Usage Based Insurance Market is Set To Fly High in Years to Come
Market Research Forecast released a new market study on Global Automotive Usage Based Insurance Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Automotive Usage Based Insurance Forecast till 2032. The Automotive Usage Based Insurance Market size was valued at USD 50.35 USD Billion in 2023 and is projected to reach USD 152.02 USD Billion by 2032, exhibiting a CAGR of 17.1 % during the forecast period. Key Players included in the Research Coverage of Automotive Usage Based Insurance Market are: Allstate Insurance Company (U.S.), State Farm Mutual Automobile Insurance Company (U.S.), Liberty Mutual Insurance (U.S.), AXA (France), The Progressive Corporation (U.S.), Allianz (Germany), American International Group, Inc. (AIG) (U.S.), MAPFRE (Spain), Insurethebox (U.K.), Verisk Analytics, Inc. (U.S.), Arity, LLC (U.S.), Insurance & Mobility Solutions (IMS) (Canada) What's Trending in Market: Rising Adoption of Automation in Manufacturing to Drive Market Growth Market Growth Drivers: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion The Global Automotive Usage Based Insurance Market segments and Market Data Break Down Type [Pay-As-You-Drive: PAYD","Solution: Dongle, Black Box, Embedded, and Smartphones","Vehicle Type: Passenger Cars and Commercial Vehicles GET FREE SAMPLE PDF ON Automotive Usage Based Insurance MARKET To comprehend Global Automotive Usage Based Insurance market dynamics in the world mainly, the worldwide Automotive Usage Based Insurance market is analyzed across major global regions. MR Forecast also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia.
Extracts from Table of Contents Automotive Usage Based Insurance Market Research Report Chapter 1 Automotive Usage Based Insurance Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued More Reports:
https://marketresearchforecast.com/reports/solar-vehicle-market-2990 For More Information Please Connect MR ForecastContact US: Craig Francis (PR & Marketing Manager) Market Research Forecast Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: (+1 201 565 3262, +44 161 818 8166)[email protected]
#Global Automotive Usage Based Insurance Market#Automotive Usage Based Insurance Market Demand#Automotive Usage Based Insurance Market Trends#Automotive Usage Based Insurance Market Analysis#Automotive Usage Based Insurance Market Growth#Automotive Usage Based Insurance Market Share#Automotive Usage Based Insurance Market Forecast#Automotive Usage Based Insurance Market Challenges
0 notes