Author: Zech

Dublin, July 30, 2024 (GLOBE NEWSWIRE) — The “Global Robotic Floor Scrubbers Market – Outlook and Forecast 2024-2029” report has been added to ResearchAndMarkets.com’s offering.The global robotic floor cleaning market is expected to grow at a CAGR of 13.4% from 2023 to 2029. The global robotic floor cleaning machine market is highly competitive with a large number of vendors. Rapid technological advancements pose challenges for vendors as consumers demand continuous product innovation and upgrades. This dynamic landscape forces vendors to re-evaluate and refine their unique value proposition to gain a stronger foothold in the market. Some of the major players…

Bengaluru, July 30: India’s space technology sector has achieved a record funding of $126 million in 2023, up 7 per cent from $118 million in 2022 and a staggering 235 per cent from $37.6 million in 2021, a report showed on Tuesday. In 2024, year-to-date funding for the sector stands at $10.8 million.Despite a global funding slowdown, the space tech sector is on the rise, driven by significant government support and significant innovation, according to data from market research firm Tracxn. There are over 100 space tech startups, majority of which were founded in the last five years. AI and…

Alps Blockchain, a Trento, Italy-based company that specializes in generating computing power for digital mining, announced on Monday, July 29, that it has secured a €105 million investment from Azimut. The investment was made through Azimut Direct Investment Alps Blockchain II SCSp, a dedicated Luxembourg vehicle, which invested in a five-year secured bond with an early redemption option by Alps Blockchain. The company plans to use the funds to support its growth and international expansion, with a focus on strengthening its existing operations as well as exploring entry into new markets to further strengthen its global position. The funding comes…

Bug Tracking Software MarketAccording to a recently published report by Allied Market Research, the global bug tracking software market size was valued at $218.22 million in 2018 and is projected to reach $601.64 million by 2026, growing at a CAGR of 13.60% from 2019 to 2026. Bug tracking software is a tool used by developers and teams to identify, record, and manage software defects and issues throughout the development lifecycle. Users can report bugs, assign them to team members, track their status, and prioritize them for resolution. By centralizing this information, bug tracking software ensures that issues are addressed systematically,…

Dublin, July 30, 2024 (GLOBE NEWSWIRE) — The “Surface Computing Market – A Global and Regional Analysis: Focus on Application, Product, and Region – Analysis and Forecast, 2024-2033” report has been added to ResearchAndMarkets.com’s offering.The global surface computing market is projected to reach $983.05 Billion by 2033 from $55.25 Billion in 2023, growing at a CAGR of 33.24% during the forecast period 2024-2033. The surface computing market is undergoing significant changes driven by advancements in technology, its wide-ranging applications in sectors such as retail, healthcare, and education, and the increasing desire for interactive user experiences. This technology, utilizing features such…

Bangalore: India’s space technology sector has seen a record funding of $126 million in 2023. This is a 7 percent increase from the $118 million raised in 2022 and a staggering 235 percent increase from the $37.6 million raised in 2021, it was announced today.In 2024, year-to-date funding in this sector stands at $10.8 million.Despite a global funding slowdown, the space technology sector is on the rise, driven by significant government support and key technological innovations, according to data provided by market research firm Tracxn.There are over 100 space tech startups, most of which were established in the last five…

Bengaluru, July 30: India’s space technology sector has achieved a record funding of $126 million in 2023, up 7 per cent from $118 million in 2022 and a staggering 235 per cent from $37.6 million in 2021, a report showed on Tuesday. In 2024, year-to-date funding for the sector stands at $10.8 million. Despite a global funding slowdown, the space technology sector is on the rise, driven by significant government support and key technological innovations, according to data provided by market research firm Tracxn. There are over 100 space tech startups, most of which were established in the last five…

SAN FRANCISCO (Reuters) – Apple (AAPL) has chosen chips designed by Google (GOOG, GOOGL) rather than industry leader Nvidia (NVDA) to build two key pieces of the artificial intelligence software infrastructure for a forthcoming suite of AI tools and features, according to an Apple research paper published on Monday.Apple’s decision to rely on Google’s cloud infrastructure is notable, as Nvidia makes some of the most popular AI processors.If you include chips made by Google, Amazon.com (AMZN) and other cloud-computing companies, Nvidia controls about 80% of the market.In the research paper, Apple did not explicitly say that it didn’t use Nvidia…

Rapid global advances in artificial intelligence (AI) have boosted demand for office space, with AI and robotics companies accounting for 21% of the city’s absorption in the April-June quarter, a report said on Tuesday. Overall, the IT-ITeS sector, which includes AI and robotics, accounted for 69% of the city’s absorption in the second quarter (Q2) of this year, according to a report by occupier-centric workplace solutions company Vestian. Bengaluru contributed the most to overall India absorption with a 25% share in Q2, followed by Hyderabad and Mumbai with 20% each. “Despite global geopolitical challenges, the Indian office market reported robust…

Cloud Computing MarketThe cloud computing market size is projected to reach USD 631.08 billion in 2023, and is expected to increase to USD 2283.4 billion by 2032. The market is expected to register a CAGR of 15.4% during the forecast period from 2024 to 2032. Various factors driving the demand for cloud computing include:● Improved return on investment through reduced storage and infrastructure costs is driving businesses around the world.● As technological developments provide a wider range of applications, small and medium-sized enterprises as well as large corporations are increasingly moving towards cloud computing, which is likely to further increase…