Industry News

22 Top AI Statistics And Trends In 2024

Discover the most impactful artificial intelligence (AI) statistics that highlight the growth and influence of artificial intelligence, such as chatbots on various industries, the economy and the workforce. Whether it’s market-size projections or productivity enhancements, these statistics provide a comprehensive understanding of AI’s rapid evolution and potential to shape the future. Learn about the AI trends that will determine the state of technology, business and society in the upcoming years.

2024/10/24
Technology
Why a unified approach is needed for Right to Repair to succeed

Alexandre Tanay, Public Affairs Manager at Back Market, explains why he thinks there needs to be a unified approach between manufacturers and refurbishers for Right to Repair to succeed.

2024/10/24
Warranty
How AI is Proving as a Game Changer in Manufacturing – Use Cases and Examples

Curious about how AI is revolutionizing manufacturing? From predictive maintenance to supply chain optimization, AI is transforming every facet of the sector. Our blog takes you through real-world examples of manufacturing businesses that leverage AI in their operations to enhance efficiency and maximize their impact globally.

2024/09/19
Technology
AI and Cyber Security: Innovations & Challenges

As cyber threats become increasingly sophisticated, integrating artificial intelligence (AI) into cybersecurity is more than a passing trend — it’s a groundbreaking shift in protecting our digital assets. As cyber-attacks grow increasingly complex, leveraging AI becomes crucial for staying ahead of emerging threats.

2024/09/19
Technology
Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory

Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), an electrical equipment subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.

2024/08/29
Technology
The Future of Data Centers: Key AI Trends Transforming the Industry

Ten years ago, data centers mainly focused on storing a large number of servers in predictable environments. The main priorities were capacity, reliability and redundancy, with little thought given to adaptability or efficiency. Moving forward to five years ago, users started demanding services that could scale based on their requirements - leading to a shift towards cloud computing. Today, Artificial Intelligence (AI) is pushing data centers to their limits due to the massive amount of generated data. JLL’s Data Centers 2024 Global Outlook report states that by 2027, AI advancement is projected to more than double the demand for global data center storage capacity.

2024/08/29
Technology
Data are the crucial component for generative AI

These days our data are collected everywhere in the internet and are also used to train large language models like ChatGPT. But how do we train artificial intelligence (AI), how do we avoid distortions – known as bias – in the models and how do we ensure that data are protected? Reinhard Heckel, a professor of machine learning at the Technical University of Munich (TUM), takes the time to answer these questions. Prof. Heckel conducts research on large language models and medical imaging applications.

2024/08/21
Technology
Boost Efficiency: Predictive Maintenance Data Essentials

Predictive maintenance technologies and data management plans for maintenance managers to optimize equipment performance and integrate AI effectively.

2024/08/15
Technology