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brillioitservices · 5 months
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The Generative AI Revolution: Transforming Industries with Brillio
The realm of artificial intelligence is experiencing a paradigm shift with the emergence of generative AI. Unlike traditional AI models focused on analyzing existing data, generative AI takes a leap forward by creating entirely new content. The generative ai technology unlocks a future brimming with possibilities across diverse industries. Let's read about the transformative power of generative AI in various sectors: 
1. Healthcare Industry: 
AI for Network Optimization: Generative AI can optimize healthcare networks by predicting patient flow, resource allocation, etc. This translates to streamlined operations, improved efficiency, and potentially reduced wait times. 
Generative AI for Life Sciences & Pharma: Imagine accelerating drug discovery by generating new molecule structures with desired properties. Generative AI can analyze vast datasets to identify potential drug candidates, saving valuable time and resources in the pharmaceutical research and development process. 
Patient Experience Redefined: Generative AI can personalize patient communication and education. Imagine chatbots that provide tailored guidance based on a patient's medical history or generate realistic simulations for medical training. 
Future of AI in Healthcare: Generative AI has the potential to revolutionize disease diagnosis and treatment plans by creating synthetic patient data for anonymized medical research and personalized drug development based on individual genetic profiles. 
2. Retail Industry: 
Advanced Analytics with Generative AI: Retailers can leverage generative AI to analyze customer behavior and predict future trends. This allows for targeted marketing campaigns, optimized product placement based on customer preferences, and even the generation of personalized product recommendations. 
AI Retail Merchandising: Imagine creating a virtual storefront that dynamically adjusts based on customer demographics and real-time buying patterns. Generative AI can optimize product assortments, recommend complementary items, and predict optimal pricing strategies. 
Demystifying Customer Experience: Generative AI can analyze customer feedback and social media data to identify emerging trends and potential areas of improvement in the customer journey. This empowers retailers to take proactive steps to enhance customer satisfaction and loyalty. 
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3. Finance Industry: 
Generative AI in Banking: Generative AI can streamline loan application processes by automatically generating personalized loan offers and risk assessments. This reduces processing time and improves customer service efficiency. 
4. Technology Industry: 
Generative AI for Software Testing: Imagine automating the creation of large-scale test datasets for various software functionalities. Generative AI can expedite the testing process, identify potential vulnerabilities more effectively, and contribute to faster software releases. 
Generative AI for Hi-Tech: This technology can accelerate innovation in various high-tech fields by creating novel designs for microchips, materials, or even generating code snippets to enhance existing software functionalities. 
Generative AI for Telecom: Generative AI can optimize network performance by predicting potential obstruction and generating data patterns to simulate network traffic scenarios. This allows telecom companies to proactively maintain and improve network efficiency. 
5. Generative AI Beyond Industries: 
GenAI Powered Search Engine: Imagine a search engine that understands context and intent, generating relevant and personalized results tailored to your specific needs. This eliminates the need to sift through mountains of irrelevant information, enhancing the overall search experience. 
Product Engineering with Generative AI: Design teams can leverage generative AI to create new product prototypes, explore innovative design possibilities, and accelerate the product development cycle. 
Machine Learning with Generative AI: Generative AI can be used to create synthetic training data for machine learning models, leading to improved accuracy and enhanced efficiency. 
Global Data Studio with Generative AI: Imagine generating realistic and anonymized datasets for data analysis purposes. This empowers researchers, businesses, and organizations to unlock insights from data while preserving privacy. 
6. Learning & Development with Generative AI: 
L&D Shares with Generative AI: This technology can create realistic simulations and personalized training modules tailored to individual learning styles and skill gaps. Generative AI can personalize the learning experience, fostering deeper engagement and knowledge retention. 
HFS Generative AI: Generative AI can be used to personalize learning experiences for employees in the human resources and financial services sector. This technology can create tailored training programs for onboarding, compliance training, and skill development. 
7. Generative AI for AIOps: 
AIOps (Artificial Intelligence for IT Operations) utilizes AI to automate and optimize IT infrastructure management. Generative AI can further enhance this process by predicting potential IT issues before they occur, generating synthetic data for simulating scenarios, and optimizing remediation strategies. 
Conclusion: 
The potential of generative AI is vast, with its applications continuously expanding across industries. As research and development progress, we can expect even more groundbreaking advancements that will reshape the way we live, work, and interact with technology. 
Reference- https://articlescad.com/the-generative-ai-revolution-transforming-industries-with-brillio-231268.html 
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harrelltut · 1 year
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arzelace · 2 months
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5 Trends in ICT
Exploring the 5 ICT Trends Shaping the Future The Information and Communication Technology (ICT) landscape is evolving at a rapid pace, driven by advancements that are transforming how we live, work, and interact. Here are five key trends in ICT that are making a significant impact:
1. Convergence of Technologies
Technologies are merging into integrated systems, like smart devices that combine communication, media, and internet functions into one seamless tool. This trend enhances user experience and drives innovation across various sectors
Convergence technologies merge different systems, like smartphones combining communication and computing, smart homes using IoT, telemedicine linking healthcare with telecom, AR headsets overlaying digital on reality, and electric vehicles integrating AI and renewable energy.
2. Social Media
Social media platforms are central to modern communication and marketing, offering real-time interaction and advanced engagement tools. New features and analytics are making these platforms more powerful for personal and business use.
Social media examples linked to ICT trends include Facebook with cloud computing, TikTok using AI for personalized content, Instagram focusing on mobile technology, LinkedIn applying big data analytics, and YouTube leading in video streaming.
3. Mobile Technologies
Mobile technology is advancing with faster 5G networks and more sophisticated devices, transforming how we use smartphones and tablets. These improvements enable new applications and services, enhancing connectivity and user experiences.
Mobile technologies tied to ICT trends include 5G for high-speed connectivity, mobile payment apps in fintech, wearables linked to IoT, AR apps like Pokémon GO, and mobile cloud storage services like Google Drive.
4. Assistive Media
Assistive media technologies improve accessibility for people with disabilities, including tools like screen readers and voice recognition software. These innovations ensure that digital environments are navigable for everyone, promoting inclusivity.
Assistive media examples linked to ICT trends include screen readers for accessibility, AI-driven voice assistants, speech-to-text software using NLP, eye-tracking devices for HCI, and closed captioning on video platforms for digital media accessibility.
5. Cloud Computing
Cloud computing allows for scalable and flexible data storage and application hosting on remote servers. This trend supports software-as-a-service (SaaS) models and drives advancements in data analytics, cybersecurity, and collaborative tools.
Cloud computing examples related to ICT trends include AWS for IaaS, Google Drive for cloud storage, Microsoft Azure for PaaS, Salesforce for SaaS, and Dropbox for file synchronization.
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Submitted by: Van Dexter G. Tirado
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Empowering Digital Innovation: Microlent Systems' Comprehensive Web Development Services
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Microlent Systems
In an era dominated by digital transformation, businesses are relentlessly pursuing innovation to stay ahead in their respective markets. Amid this digital race, Microlent Systems emerges as a beacon of technological advancement and a pioneer in web development services. With a robust portfolio that spans web application development, TV application development, wearable technology solutions, enterprise solution development, AI/ML-based solutions, and IoT/hardware integrated solutions, Microlent stands at the forefront of enabling businesses to unlock their full potential in the digital landscape.
Web Application Development: A Cornerstone for Digital Success At the heart of Microlent's services lies its web application development expertise. In understanding the critical role that web applications play in today's business ecosystems, Microlent delivers bespoke solutions that are not just about coding and deployment but about creating a digital experience that resonates with end-users. From e-commerce sites that handle millions of transactions to SaaS platforms that automate business processes, Microlent's approach is to build scalable, secure, and dynamic web applications that drive user engagement and business growth.
Revolutionizing Television with TV Application Development The television industry is undergoing a transformation, with digital platforms and OTT services changing the way content is consumed. Microlent's TV application development service is tailored to meet this new wave of demand. By focusing on user experience, Microlent helps content providers, telecoms, and OTT platforms deliver applications that are intuitive, engaging, and accessible across devices, ensuring content reaches viewers worldwide in the most effective manner possible.
Pioneering in Wearable Technology with Android and Apple Watch Application Development As wearable technologies become an integral part of our daily lives, Microlent is at the helm of developing innovative applications for Android and Apple Watch devices. These applications are not just about extending smartphone functionalities to one's wrist but are designed with a focus on health, fitness, productivity, and lifestyle, ensuring users have a seamless and enriched wearable experience.
Enterprise Solution Development: Catalyzing Business Transformation Microlent recognizes the challenges businesses face in adapting to rapidly changing market conditions. Its enterprise solution development services are focused on building robust, cutting-edge solutions that enable businesses to streamline operations, enhance efficiency, and maintain competitive advantage. Whether it's through CRM systems, ERP solutions, or custom software tailored to specific business needs, Microlent's solutions are a catalyst for digital transformation.
Leading the Way in AI/ML-Based Solutions In the realm of artificial intelligence and machine learning, Microlent is a trailblazer, providing cutting-edge solutions that drive innovation across industries. From predictive analytics and natural language processing to computer vision and intelligent automation, Microlent leverages the latest in AI and ML technologies to help businesses unlock new opportunities, enhance decision-making, and create value in ways never before possible.
Bridging the Physical and Digital with IoT/Hardware Integrated Solutions Microlent's expertise extends into the burgeoning field of IoT and hardware-integrated solutions, where the physical and digital worlds converge. By enabling smart interactions between devices, systems, and services, Microlent's solutions facilitate enhanced data collection, real-time monitoring, and automated control, driving efficiency, sustainability, and innovation across sectors.
Conclusion In the constantly evolving digital landscape, Microlent Systems stands out as a partner of choice for businesses looking to harness the power of technology for growth, innovation, and digital transformation. With a commitment to excellence, a passion for innovation, and a comprehensive suite of web development services, Microlent is dedicated to empowering businesses to achieve their digital aspirations.
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mariacallous · 11 months
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Trillions of domestic phone records in the United States are tracked every year under a secretive surveillance operation, WIRED revealed this week. The Data Analytical Services program, which was previously known as Hemisphere, allows cops to request and analyze the phone records of people and others who they communicate with, including those not suspected of crimes. The surveillance system is run by the White House, with telecom firm AT&T providing phone records in response to law enforcement requests.
The crypto world kept tumbling this week. After Sam Bankman-Fried was found guilty at the start of this month, it was the turn of crypto exchange Binance and its CEO Changpeng Zhao to face scrutiny from US officials. The US Department of Justice unsealed an indictment against the company, which accuses it of violating US anti-money-laundering laws and of enabling Iran, Cuba, and Russia to launder dirty money.
If you’re in the US and have some extra time over the long holiday weekend, it’s also worth catching up on Andy Greenberg’s epic tale of the three young hackers twho brought down the internet with the Mirai botnet—and their story of redemption. Then it’s definitely time to log off.
That’s not all. Each week, we round up the security and privacy stories we didn’t report on in depth ourselves. Click the headlines to read the full stories, and stay safe out there.
Google Ups Its Ad Blocker Crackdown
Google makes most of its money from advertising—and it doesn’t like ad blockers, which prevent millions of ads being shown on websites every day. In recent months, the company has been cracking down on ad blockers on YouTube in a big way. But that’s just the start of it.
This week YouTube confirmed it has, in some instances, introduced a five-second delay before videos load if people are using an ad blocker in their browser. “In the past week, users using ad blockers may have experienced suboptimal viewing, which included delays in loading, regardless of the browser they are using,” a YouTube spokesperson told The Verge. The company admitted the delays had been happening after some people on Reddit and Hacker News spotted slow loading times and initially thought it was because of the browser they were using.
The move follows Google announcing last week that it is going ahead with plans to change how Chrome browser extensions operate, which may limit how some popular ad blockers work. Last year the company paused its plans to roll out Manifest V3, the platform that browser extensions work on, after complaints about how it would impact some extensions. As Ars Technica reported, Google is planning on rolling out a revised version of Manifest V3 in June next year. Google says Manifest V3 is designed to make Chrome run smoothly by reducing the resources that extensions can use and improve security. However ad blockers and privacy experts have criticized how the system works and, in particular, changes to the Declarative Net Request API.
Google proposed putting restrictions on this API but has relaxed these somewhat in the new version of Manifest V3. It originally planned to allow browser extensions to make 5,000 content-filtering “rules,” but it has now increased this to 30,000 rules. AdGuard, an ad blocker, has tentatively welcomed some of the revised changes. Elsewhere, uBlock Origin, which uses around 300,000 filtering rules, has created a “lite” version of its extension in response to Manifest V3. The developer behind uBlock Origin says the lite version is not as “capable” as the full version. Meanwhile, browser makers Brave and Firefox say they are introducing work-arounds to stop ad blockers from being impacted by the changes.
North Korea Is Increasingly Launching Supply Chain Attacks
Supply chain attacks, where malware is implanted in a company's legitimate software and spread to the firm's customers, can be incredibly hard to detect and can cause billions of dollars in damage if they’re successful. Hackers for North Korea are increasingly adopting the sophisticated attack method.
This week Microsoft revealed it has discovered the hermit kingdom’s hackers implanting malicious code inside an installer file for photo and video editing software CyberLink. The installer file used legitimate code from CyberLink and was hosted on the company's servers, obscuring the malicious file it contained. Once installed, Microsoft said, the malicious file would deploy a second payload. More than 100 devices have been impacted by the attack, Microsoft says, and it has attributed the attack to the North Korea-based Diamond Sleet hacking group.
After details of the attack were revealed, the UK’s National Cyber Security Centre and the Republic of Korea’s National Intelligence Service issued a warning saying that North Korea’s supply chain attacks are “growing in sophistication and volume.” The two bodies say the tactics support North Korea’s wider priorities, such as stealing money to help fund its ailing economy and nuclear programs, espionage, and stealing tech secrets.
Planes Are Being Disrupted by GPS Spoofing and Electronic Warfare
Some flights have had to change course or lost satellite signals in midair due to electronic warfare, The New York Times reported this week. The ongoing conflicts in Ukraine and Gaza have seen GPS jamming and spoofing technologies interfere with the daily operation of flights in and around the areas. The incidents, so far, have not been dangerous. But they highlight the increase in electronic warfare capabilities—which seek to interrupt or disrupt the technologies used for communications and infrastructure—and how the technology needed to launch them is getting cheaper. Since Russia’s full-scale invasion of Ukraine in February 2022, electronic warfare tactics have become increasingly common on both sides, as drones being used for surveillance and reconnaissance have had their signals interrupted and rockets have been sent off course.
Russian USB Worm Spreads Beyond Ukraine’s Borders
Gamaredon is one of Russia’s most brazen hacking groups—the hackers have consistently attacked Ukrainian systems. Now one piece of its malware, a worm that spreads via USB stick and is dubbed LitterDrifter, has spread internationally. The worm has been spotted in the US, Hong Kong, Germany, Poland, and Vietnam, according to researchers at security firm Check Point. The company’s researchers say the worm includes two elements: a spreading module and a second module that also communicates with Gamaredon’s servers. “It’s clear that LitterDrifter was designed to support a large-scale collection operation,” the Check Point researchers write, adding that it’s likely the worm has “spread beyond its intended targets.”
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neonsoft1 · 3 days
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Telecom Billing Software: A Key Component in Digital Transformation
In the telecom industry, digital transformation is more than a buzzword—it's a necessity for survival and growth in a rapidly evolving market. As telecom companies shift toward more advanced technologies, telecom billing software plays a critical role in this transformation by automating processes, improving accuracy, and enhancing customer experience. Billing systems that once relied on manual processes and outdated infrastructures are being replaced by dynamic, cloud-based platforms that enable agility and scalability.
One of the key benefits of integrating telecom billing software in the digital transformation journey is process automation. By automating billing tasks, telecom companies can eliminate human errors, streamline operations, and reduce administrative overhead. This leads to faster and more accurate invoicing, allowing companies to handle higher volumes of transactions without compromising on quality.
Another crucial aspect is data analytics and insights. Modern telecom billing software solutions provide real-time data analysis that helps companies understand customer behavior, optimize pricing strategies, and forecast revenue trends. With access to actionable insights, telecom providers can make more informed decisions, tailor their offerings, and stay competitive in the market.
Moreover, enhanced customer experience is a key driver of digital transformation in telecom. Billing software that offers real-time usage tracking, self-service portals, and personalized billing options creates a more engaging and transparent relationship with customers. It empowers customers to have more control over their accounts, reducing disputes and increasing satisfaction.
Neon Soft’s Telecom Billing Software is a vital tool for companies undergoing digital transformation. With its automation capabilities, real-time analytics, and user-friendly interface, Neon Soft helps telecom providers streamline their billing operations and adapt to a digital-first environment.
For more details on how Neon Soft can drive your digital transformation, visit our Contact Us page or request a Demo to see our software in action.
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Voice Logger for Call Center: Enhancing Efficiency and Compliance at Aria Telecom
In the ever-evolving landscape of customer service, call centers play a crucial role in maintaining customer satisfaction and operational efficiency. One of the most significant tools in a call center’s arsenal is the voice logger for call center operations. This technology not only streamlines processes but also ensures compliance and improves training. In this blog, we’ll explore the importance of a voice logger for call center functions, key features to consider, and how Aria Telecom can help you leverage this technology.
What is a Voice Logger?
A voice logger for call center applications is an electronic device or software system that records telephone conversations between agents and customers. This recording serves multiple purposes, including quality assurance, compliance, training, and dispute resolution. With the advent of digital communication, modern voice loggers offer features such as real-time monitoring, cloud storage, and advanced analytics, making them indispensable for effective call center management.
Why a Voice Logger is Essential for Call Centers
Quality Assurance One of the primary reasons to implement a voice logger for call center operations is to maintain high-quality service. Recording calls allows supervisors to review interactions between agents and customers, identifying areas for improvement and ensuring that company standards are met. This process helps in providing consistent and high-quality customer experiences.
Compliance and Legal Safeguards Many industries require strict compliance with regulations regarding customer interactions. A voice logger for call center use provides a reliable means of documenting these conversations, ensuring that your organization adheres to legal requirements. In case of disputes or audits, having recorded calls can serve as essential evidence.
Training and Development Training new employees is a critical aspect of running an effective call center. By utilizing a voice logger for call center functions, organizations can provide real-world examples to trainees. Listening to recorded calls allows new agents to learn from experienced staff and helps identify best practices.
Performance Analysis Analytics tools integrated with voice logging systems can provide valuable insights into agent performance. Metrics such as call duration, resolution rates, and customer satisfaction can be measured, allowing managers to identify top performers and those who may need additional support or training.
Key Features to Look For
When choosing a voice logger for call center applications, consider the following essential features:
Multi-Channel Recording: Ensure that the voice logger can capture conversations across various communication channels, including voice calls, emails, and chat.
Search and Retrieval Functions: A user-friendly interface with efficient search capabilities will allow supervisors to quickly locate specific calls for review.
Secure Data Storage: With the sensitive nature of customer interactions, it’s crucial to choose a voice logger that offers secure storage solutions, including encryption and backup options.
Integration Capabilities: The ability to integrate the voice logging system with your existing CRM or helpdesk software can streamline workflows and improve efficiency.
Real-Time Monitoring: Some advanced voice loggers offer real-time monitoring capabilities, allowing supervisors to listen in on calls as they happen. This feature can help address issues immediately and provide on-the-spot coaching.
How Aria Telecom Can Help
At Aria Telecom, we understand that a voice logger for call center applications is not just an added feature; it's a fundamental tool that can drive your business forward. Our range of cutting-edge voice logging solutions is tailored to meet the unique needs of call centers, ensuring that you have the best technology to enhance your operations.
Customized Solutions We offer customizable voice logging solutions that can be tailored to fit your specific requirements. Whether you operate a small call center or a large enterprise, we have options that will work for you.
Expert Support Our team of experts is available to guide you through the implementation process. From installation to ongoing support, we ensure that you get the most out of your voice logging system.
Training and Resources We provide training sessions and resources to help your staff effectively use the voice logger. Our goal is to empower your team to leverage this technology for maximum efficiency.
Regular Updates Technology is always evolving, and so are our solutions. We offer regular updates to ensure that your voice logger for call center operations remains cutting-edge and fully functional.
Conclusion
In conclusion, implementing a voice logger for call center functions is essential for any organization looking to enhance customer service and operational efficiency. The benefits of quality assurance, compliance, training, and performance analysis make voice logging an invaluable asset for call centers.
At Aria Telecom, we are committed to helping you navigate the complexities of voice logging technology. By partnering with us, you can optimize your call center operations and ensure a high level of customer satisfaction. Explore our voice logging solutions today and take the first step toward transforming your call center into a more efficient and effective operation. Embrace the future of customer service with a reliable voice logger for call center applications from Aria Telecom!
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Image Recognition Market Size, Trends, and Business Outlook 2024-2030
The global image recognition market size was valued at USD 53.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. 
This growth is attributed to the increasing volumes of image data, advancements in artificial intelligence (AI) and machine learning (ML), and the growing demand for automation across various sectors are pivotal. In addition, the integration of image recognition in applications such as healthcare, retail, and security enhances operational efficiency and customer engagement. Furthermore, the rise of edge computing and mobile solutions further supports market expansion.
Gather more insights about the market drivers, restrains and growth of the Image Recognition Market 
Image recognition technology, powered by machine learning, has been embedded in several fields, such as self-driving vehicles, automated image organization of visual websites, and face identification on social networking websites. One of the most popular applications of image identification is social media monitoring, as visual listening and visual analytics are essential factors of digital marketing. Image recognition is highly used in applications related to safety and security, such as facial recognition used by law enforcement agencies. Furthermore, airports are increasingly using face remembrance technology at security checkpoints.
The growing popularity of high-bandwidth data services and advanced machine learning has led to a higher demand for image recognition technology among people. Establishments in different sectors such as media & entertainment, retail, IT & telecom, and Banking, Financial Services, and Insurance (BFSI) have led to the growing utilization of advanced technologies within their companies, consequently driving the acceptance of image recognition. The system for image recognition assists in recognizing objects, buildings, locations, logos, individuals, and other images. Moreover, advances in image recognition tech enable connecting offline materials such as brochures and magazines with promotional videos, AR experiences, and product details using images from a smartphone.
In addition, an automated system for recognizing images is essential in computer vision, as it can pinpoint an image or attribute within digital photos and videos. It allows users to collect and analyze data in real-time. Information is gathered in complex dimensions and results in numerical or symbolic data. Computer vision, an image recognition component, allows for object recognition, event detection, image reconstruction, learning, and video tracking tasks. Image recognition technology has seen various opportunities arise in areas such as big data analysis and successful branding of products and services, thanks to the expanding use of image databases.
Furthermore, since the database serves as the training material for image recognition solutions, open-source frameworks such as software libraries and software tools form the building blocks of the solution. These frameworks help prepare or train machines to learn from the images available in the database by providing different types of computer vision functions, such as medical screening, obstacle detection in vehicles, and emotion and facial recognition, among others. Some of the leading libraries for image recognition include UC Berkeley's Caffe, Google Tensor Flow, and Torch.
Image Recognition Market Segmentation
Grand View Research has segmented the image recognition market report based on, technique, component, deployment mode, vertical, application, and region.
Technique Outlook (Revenue, USD Million, 2018 - 2030)
• QR/ Barcode Recognition
• Object Recognition
• Facial Recognition
• Pattern Recognition
• Optical Character Recognition
Component Outlook (Revenue, USD Million, 2018 - 2030)
• Hardware
• Software
• Service
• Managed
• Professional
• Training, Support, and Maintenance
Deployment Mode Outlook (Revenue, USD Million, 2018 - 2030)
• Cloud
• On-Premises
Vertical Outlook (Revenue, USD Million, 2018 - 2030)
• Retail & E-commerce
• Media & Entertainment
• BFSI
• Automobile & Transportation
• Telecom & IT
• Government
• Healthcare
• Others
Application Outlook (Revenue, USD Million, 2018 - 2030)
• Augmented Reality
• Scanning & Imaging
• Security & Surveillance
• Marketing & Advertising
• Image Search
Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
• Middle East and Africa (MEA)
o Saudi Arabia
o South Africa
o UAE
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global video management software market was valued at USD 9.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 19.5% from 2024 to 2030. 
• The global 3D Scanning market was valued at USD 3.95 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030.
Key Companies And Market Share Insights
Some key companies in the image recognition market include Attrasoft, Inc., Blinkfire Analytics, Inc., Kairos AR, Inc., Catchroom, Chooch., Cloudsight, Inc., Google, GumGum, Inc., Hitachi, Ltd.; and others that focus on development with continuous innovations and enhancements.
• Blinkfire Analytics, Inc. specializes in AI-powered visual content analysis for sports, media, and entertainment industries. Blinkfire's proprietary platform uses computer vision and machine learning algorithms to automatically detect, track, and analyze brand exposures, logos, and sponsorships within images and videos, providing valuable insights for brands, teams, and leagues. The company's offerings include sponsorship valuation, brand monitoring, and audience engagement metrics, enabling clients to measure the effectiveness of their marketing efforts and optimize their sponsorship strategies.
• Kairos AR, Inc. provides facial recognition and image analysis solutions, offering products and services that leverage artificial intelligence and machine learning to deliver accurate and efficient image recognition capabilities. Kairos' flagship platform, Kairos Face Recognition, provides real-time facial recognition, identification, and verification, with security, access control, and customer experience applications. The company's other offerings include Kairos Demographics, which analyzes age, gender, and emotions, and Kairos Emotions, which detects and interprets emotional responses. Kairos' solutions are used across various industries, including healthcare, finance, and retail, and are designed to integrate with existing systems and infrastructure, enabling seamless deployment and scalability.
Key Image Recognition Companies:
The following are the leading companies in the image recognition market. These companies collectively hold the largest market share and dictate industry trends. 
• Attrasoft, Inc.
• Blinkfire Analytics, Inc.
• Catchroom
• Chooch.
• Cloudsight, Inc.
• Google
• GumGum, Inc.
• Hitachi, Ltd.
• Honeywell International Inc.
• Kairos AR, Inc.
• LTU Tech
• NEC Corporation
• Qualcomm Technologies, Inc.
• DEEPSIGNALS
• Calrifai, Inc.
• Wikitude, a Qualcomm company
Recent Developments
• In April 2023, Chooch launched ImageChat, a solution that enables enterprises to create detailed computer vision models using text prompts. Trained on over 11 billion parameters and 400 million images, ImageChat can identify more than 40 million visual details. This innovative tool offered users to generate captions and keywords for images and videos and interact with visual content to gain deeper insights. Combining AI Vision with large language models, ImageChat enhances data reliability and accuracy, making it ideal for object detection and detailed reasoning applications.
Order a free sample PDF of the Image Recognition Market Intelligence Study, published by Grand View Research.
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Telecom BI Reporting Solutions to Uncover Actionable Insights
Telecom operators manage vast amounts of data daily. The challenge isn’t collecting this data—it’s extracting actionable insights that can enhance decision-making and improve customer experiences. This is where telecom BI reporting solutions come into play. These advanced tools help telecom companies analyze data, optimize operations, and make informed business decisions that drive growth.
A robust telecom customer value management platform can provide deep insights into customer behavior, enabling operators to tailor services that increase loyalty. Additionally, CVM software for telcos helps predict customer needs, reducing churn and personalizing offers that align with individual preferences. Let’s explore how these technologies are helping telecom companies maximize business performance and retain more customers.
How Telecom BI Reporting Solutions Drive Smarter Decisions
Telecom operators generate massive amounts of data from various sources, such as network usage, billing, customer interactions, and more. The ability to process and analyze this data effectively is crucial for staying competitive. Telecom BI reporting solutions provide operators with the tools to turn raw data into valuable insights. These insights help businesses identify trends, spot potential issues, and make better strategic decisions.
By using telecom BI reporting solutions, operators can easily monitor key performance indicators (KPIs), track customer engagement, and evaluate the effectiveness of different service offerings. This information allows decision-makers to refine their strategies, ensuring they deliver the right services at the right time.
Additionally, integrating a telecom customer value management platform provides deeper insights into customer preferences, usage patterns, and overall satisfaction. This combination of BI and customer value management ensures that telecom companies can optimize their offerings while maintaining strong customer relationships.
7 Ways BI Reporting Enhances Customer Value Management
BI reporting solutions are vital for telecom operators looking to improve customer value management (CVM). By transforming raw data into actionable insights, these tools help operators make informed decisions that increase customer engagement, reduce churn, and drive loyalty. Here are seven ways BI reporting solutions can significantly enhance customer value management efforts.
1. Identifying Key Customer Segments
With telecom BI reporting solutions, operators can efficiently segment their customers based on various factors such as usage patterns, geographic location, and spending behavior. This segmentation allows for more targeted marketing efforts, enabling businesses to tailor offers and communications specifically to each segment. By identifying the most valuable customer groups, operators can focus on delivering services that meet their specific needs, ultimately increasing customer satisfaction.
For instance, high-value customers can be offered premium services, while low-usage customers might benefit from cost-effective plans. This targeted approach helps maximize customer lifetime value by delivering relevant and personalized services.
2. Tracking Customer Behavior for Predictive Insights
Using BI reporting solutions, telecom operators can analyze historical data to predict future customer behaviors. By identifying patterns and trends, these tools help operators forecast potential issues such as churn. With advanced analytics, operators can develop proactive retention strategies that address customer needs before dissatisfaction leads to churn.
For example, customers showing a decline in service usage might be targeted with retention campaigns or personalized offers, ensuring that they remain engaged with the service. This predictive capability allows telecom operators to mitigate risks and maintain a loyal customer base.
3. Measuring the Success of Personalized Offers
Personalization is critical in customer value management, and telecom BI reporting solutions provide detailed metrics on the effectiveness of personalized offers. By analyzing the performance of different promotions across various customer segments, operators can identify what works best for each group.
This data-driven approach allows for the continuous refinement of promotional strategies, ensuring that the right offers reach the right customers. Over time, this leads to improved engagement, higher conversion rates, and more loyal customers.
4. Enhancing Customer Satisfaction with Real-Time Feedback
Real-time data analytics provided by telecom BI reporting solutions enable operators to capture and respond to customer feedback swiftly. By tracking customer satisfaction scores, usage metrics, and other key performance indicators (KPIs), operators can address any issues as soon as they arise.
For instance, if a BI report shows a sudden increase in customer complaints, operators can take immediate action to resolve the issues. This responsiveness not only improves service quality but also enhances the overall customer experience, leading to increased loyalty.
5. Optimizing Cross-Selling and Upselling Strategies
BI reporting solutions provide valuable insights into customer preferences and buying behaviors, enabling telecom operators to identify cross-selling and upselling opportunities. By analyzing customer data, operators can pinpoint which additional services or upgrades are most likely to appeal to specific customers.
For example, customers who frequently use data services might be interested in upgrading to a higher data plan or adding value-added services like mobile entertainment. These targeted recommendations increase revenue while also enhancing the customer experience.
6. Understanding the Full Customer Journey
A comprehensive telecom customer value management platform integrated with BI reporting solutions helps operators track every stage of the customer journey. By analyzing interactions across various touchpoints, from initial onboarding to long-term usage, operators can identify areas for improvement and optimize service delivery.
This understanding of the customer journey allows telecom companies to tailor their services to meet customer needs at every stage. By continuously improving the experience, operators can foster deeper relationships with customers, increasing loyalty and reducing churn.
7. Implementing Data-Driven Loyalty Programs
Loyalty programs are essential for retaining customers, and telecom BI reporting solutions offer the data needed to design effective loyalty initiatives. By tracking customer engagement and reward redemption, operators can fine-tune their loyalty programs to deliver maximum value to customers.
For instance, by identifying which rewards customers find most valuable, operators can create personalized offers that keep customers coming back. These data-driven loyalty programs encourage long-term engagement and help telecom operators build a more loyal customer base.
Conclusion
Telecom BI reporting solutions have become indispensable for operators seeking to optimize customer value management. These solutions transform vast amounts of data into actionable insights, empowering telecom companies to make informed decisions that improve customer satisfaction, reduce churn, and enhance overall business performance. 
By integrating a telecom customer value management platform and utilizing advanced CVM software for telcos, operators can identify customer segments, personalize offers, predict churn, and foster long-term loyalty through data-driven strategies. Ultimately, leveraging these tools helps telecom operators deliver tailored experiences that resonate with their customers and drive sustained growth.
Call to ActionInfinity, the telecom BI reporting solution from 6D Technologies, has empowered telecom companies globally to unlock actionable insights and optimize customer value management. With powerful CVM software for telcos and an advanced telecom customer value management platform, Infinity helps operators reduce churn, boost customer engagement, and drive growth. To learn more about how Infinity can help you harness the power of data to enhance your business, please visit https://www.6dtechnologies.com/cvm/bi-reporting/
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truebylsolutions · 17 days
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Lease and Contract Management for Towerco
Managing site leases and contracts for telecom towers is a complex process involving multiple stakeholders, agreements, and financial transactions. For TowerCo businesses, efficiently managing these contracts and ensuring smooth operations across multiple sites is critical. Truebyl’s Lease and Contract Management software streamlines these processes, offering advanced capabilities to enhance operational efficiency, financial accuracy, and transparency. Here's a breakdown of the features and benefits of this solution:
Key Capabilities of Lease and Contract Management Software
Comprehensive Management of Landlords & Contractors The system provides the ability to onboard and manage landlords and contractors, offering a 360° operational and financial view of site, landlord, and property data. This transparency enhances decision-making and ensures that all parties are kept informed of agreements, property status, and site details.
Advanced User Management and Role-Based Access With role-based access control, the system ensures that users have the right level of access depending on their roles. This increases security and enables different stakeholders, from contractors to finance teams, to collaborate seamlessly while accessing relevant data.
Site and Equipment Management Truebyl's solution allows users to manage location data, sites, active and passive equipment, and agreements, ensuring every aspect of the infrastructure is monitored and managed in one platform. The software also offers auto-renewal of agreements and extension features, with notifications to avoid any disruptions in service.
Property Search & Survey Tools The system’s property search capabilities simplify site acquisition and survey processes. Additionally, rent references from nearby locations help TowerCos negotiate favorable rent agreements, saving costs on long-term contracts.
Digitization of Documents and Agreements Say goodbye to manual paperwork! The platform digitizes agreements and documents related to sites, landlords, and contractors, enabling a paperless workflow and reducing the risk of document loss or mismanagement. Landlords and contractors can even access a self-care app to manage their documents, agreements, and profiles.
Automated Financial Management
Landlord Payment & Invoice Automation The system automates landlord payments and invoice generation based on existing agreements, allowing for seamless tracking of accounts payable and escalations (including those based on Consumer Price Index, or CPI). It supports key business processes such as invoice uploading and electricity bill submission, ensuring all payments are handled efficiently and on time.
ERP Integration and Escalation Handling Truebyl’s Lease and Contract Management software integrates seamlessly with third-party systems such as ERP, RMS, AMS, and analytics platforms. This ensures data is synchronized across the board, providing a holistic view of financial obligations and escalations, while also enabling effective landlord payment tracking and automation.
Inbuilt BPM Engine for Operational Efficiency
Customizable Business Processes The software includes a powerful Business Process Management (BPM) engine that allows users to define and manage the execution of custom business processes. Whether it's manual or automated workflows, the BPM engine can handle both parallel and sequential task execution, increasing operational efficiency.
Task and Ticket Management The system also manages ticket requests and work orders, ensuring tasks are executed promptly and correctly. This level of control fosters transparency between TowerCos, landlords, and contractors, while also reducing delays in resolving operational issues.
Core Benefits
Landlord Profile & Property Management Landlords and contractors can keep their KYC details, personal information, and property details updated through a self-service app. This improves transparency and reduces administrative overhead for both the TowerCo and its landlords.
Property Search and Acquisition The software simplifies site search, acquisition, and survey processes. By using rent references from nearby properties, TowerCos can negotiate better rental agreements, significantly lowering long-term costs.
Payment and Invoice Automation With automated landlord payment and invoice generation, the system streamlines the financial side of lease management. Account payable escalations can be managed efficiently, providing landlords with clear payment tracking and improving financial transparency.
Document Management Simplified Digitizing all key documents, the system ensures that agreements, contracts, and related materials are easy to manage, store, and retrieve. This reduces the complexity of traditional document handling and ensures that important data is always accessible.
Operational Efficiency via BPM Engine By handling ticket requests, work orders, and customized workflows, the inbuilt BPM engine improves operational transparency and stakeholder collaboration. This level of automation significantly boosts efficiency, reduces errors, and streamlines day-to-day operations.
Seamless Integration with Third-Party Systems Truebyl’s Lease and Contract Management solution integrates effortlessly with third-party systems like ERP, AMS, and RMS. This ensures that all financial and operational data is consistent across the organization, allowing for better decision-making and smoother workflows.
Conclusion
Truebyl’s Lease and Contract Management software provides TowerCos with a powerful, integrated solution to streamline site lease management, landlord interactions, and contract administration. From automated payments to digitized documents and customizable business processes, this solution ensures operational efficiency, financial accuracy, and enhanced collaboration between all stakeholders. Whether you're negotiating lease terms or managing invoices, this software offers a complete solution to keep your TowerCo running smoothly.
For more information, visit www.truebyl.com and discover how our solution can transform your lease and contract management process.
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itjobboard789 · 18 days
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The Rise of Testing Jobs in the UK
Testing Jobs UK have witnessed a significant surge in demand as companies strive for seamless user experiences and bug-free digital products. Whether it's software applications, websites, or hardware systems, quality assurance is critical to ensuring that the final product meets high standards. This demand has led to an expansion of career opportunities for testers with the skills necessary to thrive in this fast-paced field.
Why Testing Jobs Are Critical in Today’s Market
With the increasing reliance on digital platforms, businesses cannot afford poor user experiences or glitches in their software. Testing ensures that products are functional, user-friendly, and free of bugs before reaching the consumer. In this context, testing jobs serve as a vital step in the product lifecycle, providing an essential layer of security and quality. This role extends across industries, from IT and telecom to finance, healthcare, and retail.
The UK’s booming tech sector, alongside a strong focus on customer satisfaction, has propelled testing jobs into the spotlight, offering competitive salaries and career advancement opportunities.
Types of Testing Jobs Available in the UK
1. Manual Testing Jobs
Manual testing requires testers to interact with a product as a user would, identifying issues that automated tests might miss. In the UK, manual testers play a crucial role in ensuring the functionality of mobile apps, web platforms, and enterprise software.
Skills Required: Attention to detail, critical thinking, patience, and familiarity with the software development lifecycle (SDLC).
Career Path: Manual testers can evolve into business analysts, project managers, or automation testers.
2. Automation Testing Jobs
Automation testers use specialized software tools to create scripts that simulate user interactions with a product. This accelerates the testing process and increases test coverage.
Skills Required: Proficiency in coding (Java, Python, etc.), experience with automation tools (Selenium, Appium), and scripting knowledge.
Career Path: Automation testers often transition to senior technical roles, such as Test Architect or DevOps Engineer.
3. Performance Testing Jobs
Performance testers focus on ensuring that a product operates efficiently under stress. These testers identify bottlenecks in the system that could lead to slow response times or crashes under heavy traffic.
Skills Required: Expertise in load testing tools (JMeter, LoadRunner), analytical skills, and understanding of performance metrics.
Career Path: Performance testers often move into system architecture roles, overseeing the scalability of software systems.
4. Security Testing Jobs
With the rise of cybersecurity threats, security testers—also known as ethical hackers or penetration testers—are crucial. They assess software vulnerabilities and ensure that unauthorized users cannot exploit system weaknesses.
Skills Required: Knowledge of cryptography, network security, ethical hacking practices, and familiarity with security tools like Metasploit.
Career Path: Security testers often advance to roles in cybersecurity consulting, risk management, or Chief Information Security Officer (CISO).
Key Qualifications for Testing Jobs in the UK
While specific skills differ depending on the type of testing job, some qualifications are universally valued across testing roles in the UK:
ISTQB Certification: The International Software Testing Qualifications Board (ISTQB) certification is a globally recognized qualification that opens doors to a broad range of testing roles.
Experience with Agile Methodologies: Many UK companies follow Agile methodologies, so testers with experience in Scrum or Kanban environments are highly sought after.
Knowledge of Testing Tools: Testers familiar with tools like Selenium, Jira, Postman, and Jenkins are in demand across various industries.
Industries Offering Testing Jobs in the UK
Financial Services
Healthcare
Retail & E-Commerce
Telecommunications
Government & Public Sector
Each of these sectors relies heavily on digital platforms and software applications, increasing the demand for competent testers. Testing jobs in these industries are essential to maintain compliance, security, and a positive user experience.
Salary Expectations for Testing Jobs in the UK
Salaries for testing jobs in the UK vary based on experience, location, and the complexity of the role:
Manual Tester: £25,000 – £40,000 annually
Automation Tester: £35,000 – £65,000 annually
Performance Tester: £45,000 – £70,000 annually
Security Tester: £50,000 – £80,000 annually
Testers in London and other major cities tend to earn higher salaries due to the increased cost of living and higher demand for skilled professionals.
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tushar38 · 19 days
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Carbon Management System Market: Key Players and Competitive Landscape
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 Introduction to Carbon Management System Market
The Carbon Management System Market is rapidly expanding as organizations and governments worldwide seek to reduce carbon emissions and achieve sustainability targets. Carbon management systems provide tools for tracking, managing, and reducing carbon footprints, utilizing advanced software and analytics to monitor energy consumption and emissions. With growing regulatory pressures, corporate sustainability initiatives, and increasing awareness of climate change, the market for carbon management systems is expected to experience substantial growth. This industry is crucial for achieving global decarbonization and sustainable development goals.
The Carbon Management System Market is Valued USD 12.4 billion in 2024 and projected to reach USD 26 billion by 2032, growing at a CAGR of 9.20% During the Forecast period of 2024-2032.Organizations are increasingly adopting carbon management solutions to meet regulatory requirements and reduce greenhouse gas (GHG) emissions. Carbon management systems offer a wide range of services, from emission tracking and reporting to carbon offsetting and energy optimization. The market encompasses various sectors such as energy, manufacturing, transportation, and construction, with both developed and developing regions contributing to its growth.
Access Full Report :https://www.marketdigits.com/checkout/21?lic=s
Major Classifications are as follows:
Offering:
Software
Footprint Management
Carbon Accounting Software
Others
Service
By Application
Energy
Greenhouse Gas Management
Air Quality Management
Sustainability
Others
By End-user Verticals
Oil and Gas
Manufacturing
Healthcare
IT and Telecom
Others
Key Region/Countries are Classified as Follows:
◘ North America (United States, Canada,) ◘ Latin America (Brazil, Mexico, Argentina,) ◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◘ Europe (UK,Germany,France,Italy,Spain,Russia,) ◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South
Key Players of Carbon Management System Market
Simble Solutions Ltd, IBM Corporation, ENGIE Impact, GreenStep Solutions Inc., SAP SE, Enablon SA, IsoMetrix, , Electric SE, Salesforce.com Inc., Greenstone+ Ltd, Microsoft Corporation, and Others
Market Drivers in Carbon Management System Market
Regulatory Compliance: Increasing government mandates, like carbon pricing, cap-and-trade programs, and carbon tax, are driving demand for carbon management systems.
Corporate Sustainability Initiatives: Companies are prioritizing sustainability in their operations, fueling the need for carbon management solutions.
Technological Advancements: Innovations in AI, IoT, and big data analytics are enhancing carbon tracking and reporting capabilities.
Market Challenges in Carbon Management System Market
High Implementation Costs: The cost of implementing and maintaining carbon management systems can be prohibitive for small to mid-sized companies.
Lack of Standardization: Varying standards and regulations across regions can create challenges for global companies implementing carbon management systems.
Data Accuracy and Integration Issues: Ensuring accurate data collection and integration across complex supply chains can be a challenge for companies.
Market Opportunities of Carbon Management System Market
Expanding into Developing Regions: Many developing countries are focusing on sustainability, presenting new market opportunities.
Emergence of Carbon Offsetting Programs: Increased demand for carbon credits and offsetting programs creates additional revenue streams.
Technological Integration: Leveraging AI, IoT, and cloud computing offers opportunities for innovation in real-time emissions tracking and predictive analytics.
Conclusion
The Carbon Management System Market is poised for substantial growth, driven by regulatory pressures, corporate sustainability commitments, and technological advancements. While the market faces challenges such as high costs and regulatory uncertainty, there are significant opportunities for expansion, especially in developing regions and emerging sectors. With climate change being a global priority, carbon management systems will play a vital role in reducing emissions and meeting international climate targets.
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adityarana1687-blog · 26 days
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Project Portfolio Management Market To Reach $12.25 Billion By 2030
The global project portfolio management market size is anticipated to reach USD 12.25 billion by 2030, registering a CAGR of 13.0% from 2023 to 2030, according to a new report by Grand View Research, Inc.  Growing trend of bring your own device (BYOD) among businesses is expected to improve employee productivity and real-time project monitoring, thereby, making it feasible to implement project portfolio management (PPM) solutions. Multi-regional businesses are fueling the demand for project portfolio management solutions to foster effective decision-making and prevent complexities. Extensive use of PPM solutions in data analytics to offer convenient services to customers at low costs in the BFSI and IT and telecom sectors is anticipated to drive the market growth.
The global rise in urbanization and digitization has made businesses to switch toward using technology driven solutions to meet the rapid pace of business growth. Emerging businesses that adopt cloud-based services, mainly in developing economies such as Asia Pacific, are expected to fuel the PPM market growth over the forecast period. Furthermore, facilities such as low setup costs, improved security, and increased collaboration opportunities, provided by the cloud-based solutions are expected to increase business productivity and overall growth of an organization.
Project-intensive organizations across different industry verticals have recognized the advantages of the PPM solution and have employed it to automate and simplify several operations and efficiently manage project lifespan. The PPM solution offers managers and organizations with the capability to see the big picture, confirming the use of best practices, principles, solutions, and standards during the project lifespan. For organizations handling multiple simultaneous projects, the PPM solution allows the right set of resources to complete them on defined budget and deadline. Thus, the benefits offered by PPM solutions are propelling the growth of this market.
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Request a free sample copy or view report summary: Project Portfolio Management Market Report
Project Portfolio Management Market Report Highlights
The information technology segment accounted for the largest revenue share of 54.1% in 2022. It is attributed to the increasing demand for more sophisticated and user-friendly PPM software that can help businesses manage their IT projects more effectively.
The software segment accounted for the largest revenue share of 68.3% in 2022, owing to the increasing demand for more sophisticated and user-friendly PPM software that can help businesses manage their projects more effectively.
The cloud segment accounted for the largest revenue share of 52.5% in 2022 and is expected to grow at the fastest CAGR of 15.2% during the forecast period.
North America dominated the project portfolio management market, with the largest revenue share of 42.0% in 2022.
Project Portfolio Management Market Segmentation
Grand View Research has segmented the global project portfolio management market based on offering, deployment, enterprise size, end use, and region:
Project Portfolio Management Solution Outlook (Revenue, USD Million, 2018 - 2030)
Information technology
New product development
Others
Project Portfolio Management Platform Outlook (Revenue, USD Million, 2018 - 2030)
Software
Services
Integration and Deployment
Support and Consulting
Training and Education
Project Portfolio Management Deployment Outlook (Revenue, USD Million, 2018 - 2030)
Cloud
On-premise
Project Portfolio Management Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
Small & medium Enterprises
Large enterprises
Project Portfolio Management Application Outlook (Revenue, USD Million, 2018 - 2030)
BFSI
Government
Engineering & construction
Healthcare
IT & telecom
Others
Project Portfolio Management Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Middle East and Africa
Saudi Arabia
South Africa
UAE
List of Key Players of Project Portfolio Management Market
Broadcom
Celoxis Technologies Pvt. Ltd.
Changepoint Corporation
HP Development Company, L.P.
ServiceNow
Planview, Inc.
Planisware
Microsoft
Oracle
Workfront, Inc.
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tamanna31 · 26 days
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GVR Releases New Report on the Project Portfolio Management Market
Project Portfolio Management Industry Overview
The global project portfolio management market was valued at USD 4.80 billion in 2022 and is expected to grow at a CAGR of 13.0% from 2023 to 2030.
The growing adoption of cloud-based services for the remote monitoring of assignments is an essential factor that is expected to contribute significantly to market expansion. A surge in activities such as automation and digitalization across industries, including healthcare, government, BFSI, telecom, and engineering and construction, has stimulated the need for monitoring and analytical solutions to increase productivity and business efficiency. It is significantly encouraging the implementation of project portfolio management (PPM) solutions.
Gather more insights about the market drivers, restrains and growth of the Project Portfolio Management Market
The growing complexities in projects and the need for timely and efficient management are expected to drive market growth over the forecast period. Furthermore, the need to gain a 360-degree view of project operations and resource management is driving the demand for PPM solutions. The software helps in collaborative scheduling, planning, and faster and more efficient decision-making. Additionally, a surge in the trend of bringing your device coupled with the growing focus of organizations on attaining faster Return on Investment (ROI) are the key factors driving the market growth.
The project portfolio management software assists businesses in improving productivity, increasing the pace of innovation, and adapting to the rapidly shifting economic scenario and competitive dynamics. Additionally, the PPM software offers capabilities such as time tracking, data analytics, and cost management. Increasing penetration of connected devices in emerging economies such as Brazil, China, and India is expected to keep the industry’s growth prospects upbeat. Increasing investments in research and development activities have encouraged the development of innovative solutions, such as mobile application-based project portfolio management solutions, enabling access to an extensive consumer base. All these factors are propelling the growth of the PPM market.
Project portfolio management is a useful solution as it improves the organization’s adaptability toward change and makes it easy to introduce new projects. Additionally, review and monitoring techniques are introduced to track projects for anomalies and delays and invoke necessary steps to streamline them and subsequently achieve higher returns. Furthermore, with the help of PPM solutions, the companies can emphasize more on achieving targets by focusing on strategies instead of the project operations itself. Additionally, it provides techniques such as scoring techniques, heuristic models, and visual or mapping techniques for the assessment of different projects.
Growing competition worldwide is pushing companies to lessen project costs, which in turn is boosting the use of project portfolio management. However, security and privacy issues, especially in the case of cloud deployment, are the major challenges faced by companies while executing PPM solutions. Furthermore, complexity and cost issues involved with project portfolio management solutions are also among the major hurdles to its widespread adoption. These factors are anticipated to impact the adoption of PPM solutions adversely.
Rising digitization and the growing popularity of automation have propelled the demand for analytical & monitoring solutions in multi-regional businesses, supporting the market growth. The Project Portfolio Management (PPM) market is poised to grow considerably in the forecast period due to the rising need for project management software & services to manage and reduce project complexities effectively. Furthermore, rising public & private investments in R&D activities have boosted innovative solutions development, including mobile application-based project portfolio management solutions, allowing firms to reach an extensive consumer base.
The increasing usage of PPM solutions in data management services and the growing trend of Bring Your Device (BYOD) among multiple business sectors are some vital factors driving project portfolio management growth. PPM solutions assist firms in budget alignment, reduce project delivery downtime, and enable efficient resource utilization. Due to these benefits, PPM solutions are adopted in various sectors such as BFSI, engineering & construction, IT & telecom, and government. Integration of AI technologies in PPM software for multiple tasks automation enables the project managers to focus on other essential duties and achieve the project's strategic goals. Various companies are digitizing their operations with increasing internet penetration for the expansion of their business network as well as client base, enhancing industry statistics.
The rising integration of cloud-based solutions due to its various benefits, such as improved productivity & collaboration, easy accessibility, and low maintenance, is creating a positive market outlook across the globe. Moreover, different business firms highly emphasize elevating project cost efficiency without compromising functionality, creating robust market opportunities for cloud-based solutions. Various market players are investing in their R&D to develop cloud-based project portfolio management solutions. For instance, in May 2022, DigitalOcean Holdings, Inc. launched serverless cloud-based project management solutions, enabling scalable, cost-effective, and fast-computing solutions for startups and small businesses.
Changing business needs and significant industry rivalry force companies to modify their business operations to meet evolving market demands. For this, companies from various sectors prefer project portfolio management services to increase the productivity of their business operations and acquire a higher market share. Industry participants are adopting diverse business strategies to enhance their service offerings in the market and attract potential business clients. For instance, in December 2021, Planisware Inc., a project portfolio management provider, partnered with EOS Software to incorporate the EOS Integrated Technology Portfolio Management (ITPM) solution in Planisware Inc.'s business operations.
Security risks associated with cloud-based platforms are key market factors restricting market growth. Increasing unauthorized access activities for data breaching & data stealing results in significant data & financial losses to the organizations. These activities have challenged enterprises in managing privacy & digital security, such as risk management, compliance issues, and rigid technical infrastructure. Market players are enhancing their in-house software development process and implementing various security protocols to improve the security of their project portfolio management software & services. Industry participants are launching security updates frequently for their existing customers to improve their project portfolio management software & services capabilities to defend against evolving digital threats.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global drone warfare market size was estimated at USD 21.30 billion in 2023 and is expected to grow at a CAGR of 9.7% from 2024 to 2030.
• The global artificial intelligence in construction market size was valued at USD 2.93 billion in 2023 and is projected to grow at a CAGR of 26.9% from 2024 to 2030.
Key Companies & Market Share Insights
The market is characterized by the presence of several big players that hold a significant market share. Several players are emphasizing either acquiring or collaborating with small players to share business intelligence and expertise. For instance,in May 2023, Planview, a platform for connected work from delivery to portfolio planning, collaborated with NTT DATA. As a part of the collaboration, the Planview Tasktop Viz and Planview Tasktop Hub are part of NTT DATA’s global ecosystem of technology solutions and offer organizations improved efficiency and time-to-market predictability:
Broadcom
Celoxis Technologies Pvt. Ltd.
Changepoint Corporation
HP Development Company, L.P.
ServiceNow
Planview, Inc.
Planisware
Microsoft
Oracle
Workfront, Inc.
Recent Developments
In March 2023, UiPath, an enterprise automation software company, partnered with Planview to integrate Planview Tasktop Hub with UiPath Business Automation Platform. The aim of this partnership was to improve the automation of time-consuming and repetitive tasks and also to accelerate the delivery of products and reduce manual errors.
In May 2022, Kimble Applications merged with Mavenlink, a work management vendor, to form a new project management software organization, Kantata. The new brand's portfolio includes products for managing finances, resources, team collaboration, projects, business intelligence (BI), and integrations.
In December 2020, Adobe acquired Workfront, a work management platform for USD 1.5 billion. Owing to the acquisition, the clients of Adobe can select from Business, Team, Pro, and Enterprise Plan features for a dozen areas of work management
Order a free sample PDF of the Project Portfolio Management Market Intelligence Study, published by Grand View Research.
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shrutirathi226 · 1 month
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The Adoption of Visual Analytics in Retail: Enhancing Customer Experience and Sales
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Introduction to Visual Analytics Market
The visual analytics market focuses on technologies that enable users to interact with and interpret data through visual representations. This field integrates data visualization, statistical analysis, and interactive user interfaces to enhance data understanding and decision-making. Key drivers include the increasing complexity of data and the demand for real-time insights across various industries like finance, healthcare, and retail. The market is evolving with advancements in machine learning, big data, and cloud computing, making it easier for organizations to extract actionable insights from large datasets. Companies are investing in these tools to gain competitive advantages and improve operational efficiency.
Market overview
The Visual Analytics Market is Valued USD XX billion in 2020 and projected to reach USD XX billion by 2027, growing at a CAGR of 22% During the Forecast period of 2024–2032.This robust growth is fueled by the expanding adoption of big data analytics, the rise of artificial intelligence and machine learning, and the growing demand for real-time data visualization across various industries.
Access Full Report :https://www.marketdigits.com/checkout/147?lic=s
Major Classifications are as follows:
By Component
Software
Services
By Service
Managed services
Professional services
Consulting services
Deployment and integration
Support and maintenance
By Business Function
IT
Sales and marketing
Supply chain
Finance
Human resources (HR)
Others (product management and shop floor)
By Deployment Model
On-Premises
On-Demand
By Organization Size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Industry
Banking, Financial Services, and Insurance (BFSI)
Telecom and IT
Retail and Consumer goods
Healthcare and Life Sciences
Manufacturing
Government and Defense
Energy and utilities
Media and entertainment
Transportation and logistics
Others
Key Region/Countries are Classified as Follows: ◘ North America (United States, Canada, and Mexico) ◘ Europe (Germany, France, UK, Russia, and Italy) ◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◘ South America (Brazil, Argentina, Colombia, etc.) ◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Major players in Visual Analytics Market:
SAP SE, Qlik Technologies, TIBCO Software, ADVIZOR Solutions Pvt. Ltd., SAS Institute, Oracle Corporation, MicroStrategy, IBM Corporation, Alteryx, Inc. among others.
Market Drivers in Visual Analytics Market:
Increasing Data Volume: The exponential growth in data generated by businesses and individuals necessitates advanced tools for analyzing and visualizing large datasets.
Demand for Real-Time Insights: Organizations need real-time analytics to make timely, informed decisions, which drives the adoption of visual analytics solutions.
Growing Adoption of Big Data: The rise of big data technologies and platforms necessitates advanced visual analytics to extract meaningful insights and trends.
Market challenges in Visual Analytics Market:
Data Security and Privacy Concerns: Handling and visualizing sensitive data raises concerns about data breaches and compliance with privacy regulations.
Complexity of Integration: Integrating visual analytics tools with existing IT infrastructure and data systems can be complex and resource-intensive.
High Costs: Advanced visual analytics solutions can be expensive to implement and maintain, which may be a barrier for smaller organizations.
Skill Gaps: Effective use of visual analytics tools requires specialized skills, which can be a challenge for organizations lacking in-house expertise.
Market opportunities in Visual Analytics Market:
Emerging Technologies Integration: Leveraging advancements in artificial intelligence, machine learning, and augmented reality can enhance visual analytics capabilities and create new applications.
Expansion in Small and Medium Enterprises (SMEs): As visual analytics tools become more affordable and user-friendly, SMEs represent a growing market segment with increasing adoption potential.
Real-Time and Predictive Analytics: Demand for real-time and predictive analytics is increasing, providing opportunities to develop advanced solutions that deliver actionable insights quickly.
Future trends in Visual Analytics Market:
AI and Machine Learning Integration: Enhanced integration with AI and machine learning will enable more sophisticated data analysis, predictive modeling, and automated insights.
Increased Use of Augmented Reality (AR) and Virtual Reality (VR): AR and VR technologies will offer immersive data visualization experiences, allowing users to interact with data in new and intuitive ways.
Growth in Edge Computing: The rise of edge computing will enable more efficient data processing and visualization closer to the source, reducing latency and enhancing real-time analytics.
Conclusion:
The visual analytics market is rapidly evolving, driven by technological advancements and an increasing demand for data-driven decision-making. Key drivers such as the growing volume of data, the need for real-time insights, and advancements in AI and machine learning are fueling this growth. However, challenges such as data security concerns, integration complexity, and high costs need to be addressed. Future trends indicate a strong shift towards more sophisticated, real-time, and immersive analytics solutions, with a growing emphasis on user experience and data integration. As organizations continue to embrace these technologies, the visual analytics market is set to offer significant opportunities for innovation and expansion.
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vindaloo-softtech · 1 month
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How Voice and SMS Broadcasting can Help Your Business?
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In this fast-tracking digital world, businesses crave the latest technologies to reach their target audiences competitively. To grow more efficiently, it is important to ensure timely, clear and engaging communication by updating how you interact with customers through faster, more efficient methods like voice and SMS broadcasting.
Let’s explore how it can help your business drive success and build stronger relationships.
What is Voice Broadcasting?
Voice and SMS broadcasting is a communication software that transmits pre-recorded voice messages or SMS to a large audience in one go. It is more cost-efficient software and easily accessible to businesses.
Broadcasting solutions play an important role in various industries like,
Healthcare
Education
Banking
IT- Information Technology
Hospitality
Telecom
E-commerce
Transportation, etc.
Vindaloo Softtech is a leading VoIP software provider that has launched an advanced product – PapriKall, the Voice and SMS broadcasting solution, loaded with robust features your business seeks. Let’s discuss it!
Features of PapriKall – The Voice and SMS Broadcasting Software
With this business communication solution, you can broadcast your voices and messages to thousands of people without any unnecessary interruption.
Broadcasting via DTMF Inputs:
Paprikall supports interaction through Dual-Tone Modulated Frequency, a signaling method between telephones and switching centers. It allows recipients to respond to automated voice calls or to navigate the menu via touch-tone buttons.
Multi-Channel Support
Considering every customer has a different way of interacting, this software facilitates communication across multiple channels including voice and messaging. It ensures comprehensive coverage to reach an audience by giving rapid responses on diverse platforms.
Advanced Broadcast Scheduling
With this feature, users can set specific times for message dissemination. It optimises message delivery, considering the target audience engagement patterns. Through this, businesses can efficiently manage campaigns and improve timing effectiveness.
DNC Control
DNC list stands for Do Not Call, a list of customers who have opted out of communicating and do not wish to receive calls or text broadcasts any longer. This feature allows DNC control to prevent sending messages to customers included in the DNC list. It continues to maintain user consent with regulations.
Call Route to Playback, IVR, External Number
Message broadcasting also allows routing calls as per the predetermined rules such as playing recorded messages, interacting with an IVR (Interactive Voice Response), or forwarding to external numbers. It seamlessly manages communication with different customers as per requirement.
Dynamic Caller ID
This allows businesses to customize the caller ID they want to display to their recipients. With this feature, businesses can present a consistent and recognisable identity for outgoing calls. A legit caller ID maintains the recipient’s trust and response rate.
Call Recording Management
PapriKall manages the call recording efficiency by providing comprehensive details such as dialed number, call type, DID, start time, answer time, call duration, call status and hangup reason.
Voicemail Handling
Voice broadcasting software receives and processes voicemail messages that businesses can listen to at their convenience. With PapriKall, every time you receive a voicemail, you will get an instant notification sent directly to your email, ensuring you don’t miss any.
Advanced Reporting
The Voice broadcast offers detailed analytics to provide a comprehensive idea of the effectiveness of the message delivery and recipient interaction. It helps businesses to make informed decisions.
Prompts & MOH
With this feature, users get prompts and MOH (Music on Hold) options to keep the caller engaged during the interaction. It provides a professional and interactive environment.
User Permissions and Access Control
PapriKall offers 2 login types: Super admin and tenant admin. It manages user roles and access levels within the platform. Administrators assign specific permissions to users based on their login type.
How Paprikall Can Help Your Business Grow?
Paprikall has become the most preferred broadcasting software among businesses, helping them achieve new heights with advanced communication features.
Enhanced Communication efficiency
Increased Customer Satisfaction
Data-Driven Decisions
Strengthen Customer Relationships
Operational Efficiency
Boosted Business growth
Seamless Integration with existing systems
Saves your costs and reduces manual work
Consistent brand messaging with broadcast
Proactive customer engagement
Keeps up with the latest features
Wrapping Up
Vindaloo Softtech has 8+ years of experience as a top provider in the VoIP software industry and proudly offers its high-demand product PapriKall – A Voice and SMS Broadcasting solution. It revolutionized the way businesses interact or reach their target audience at the perfect time. It boosts customer satisfaction and engagement while maintaining a consistent brand image. Go-PapriKall for more.
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