#Sensor Data Analytics Market
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carriesthewind ¡ 10 months ago
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Yeah so anyway, I'm making my response to this fucking garbage its own separate post in case people want to reblog it without having to reblog a scare-mongering lie.
This video pisses me the fuck off whenever I see it, and today I'm not in the mood to just scroll past.
Wow! Am I being lead to panic by scaremongering algorithm fodder completely unsupported by real evidence?! test:
The reason you think something exists is just what you're being told by a nefarious *them*, there is actually a conspiracy behind it!
I, an ordinary person with no expertise who critically examines the world around me, have uncovered this conspiracy.
"That's what they're telling you." (put the emphasis wherever appropriate for the conspiracy of your choice - in this case, it's on *telling*)
This new tech thing is actually a bad idea and the old school method was better - which clearly proves there must be a secret conspiracy, because why allow the possibility of incompetence and investor tech-hype when you can instead assume a highly-competent evil conspiracy?
I will now tell you my conspiracy theory while scrolling rapidly through a document without pausing or allowing you to actually read any of it. This allows me to look like I have proven my claims while doing nothing of the sort. Because do you really think someone could do that? Quickly flash a document on screen and just lie about what it says?
But Owl! This is real! A user upthread found the patent and it *does* prove it!
Yeah. I read the linked patent. Did you?
Let's quote the "real purpose" hidden in the patent, as claimed out in the video:
"The real purpose of these screens is to use the little camera at the top right here to scan your face and use AI facial expression analysis to judge whether or not you like the packaging designs of the product you're looking for."
This is complete made up horseshit.
First, let's look where the reblogger directs us, to column #4 on page 17:
"Preferably, each retail product container further comprises customer-detecting hardware, such as one or more proximity sensors (such as heat maps) , cameras, facial sensors or scanners, and eye-sensors (i.e., iris-tracking sensors). Assuming cameras are employed, preferably cameras are mounted on doors of the retail product containers. Preferably, the cameras have a depth of field of view of twenty feet or more, and have a range of field of view of 170 degrees with preferably 150 degree of facial recognition ability. Preferably, software is employed in association with the cameras to monitor shopper interactions, serve up relevant advertisement content on the displays, and track advertisement engagement in - store." (emphasis added and references to figures removed for readability)
That is the extent of the "nonconsensual data collection."
Now, to be fair, there is some stuff on page 18 and 19 which kinda-sorta-maybe has at least some relation to the claim in the video:
"Preferably, the controller/data collector is configured such that as a shopper stands or lingers in front of a given retail product container, the display associated with the retail product container changes yet again. At this point, preferably the controller/data collector has been able to use the customer-detecting hardware to effectively learn more about that particular customer, such as gender, age, mood, etc. The controller / data collector is configured to take what has been detected about the customer to determine which advertisement and other information to present to that particular customer on the display associated with the retail product container in front of which the customer is standing. By tracking shopper data in parallel with which advertising content is being served on all displays within the viewing range of the shopper, the retailer and the brands are better served, providing new analytics. As such, the system provides advertising, influence opportunities at the moment of purchasing decision, optimizing marketing spend and generating new revenue streams....
"Additionally, preferably all inputs collected by the IOT devices will be analyzed locally as well as remotely (via cloud) to provide the feedback inputs for the system to push more relevant/targeted content, tailored for the consumer. The analytics are preferably conducted anonymously, images captured by cameras are preferably processed to collect statistics on consumer demographic characteristics: (such as age and gender). This data is preferably subsequently analyzed for additional statistics for the retailers that are valuable for in-store merchandise layout design and smart merchandizing, including the ability to track the shoppers “traffic” areas, known as “heat maps”, areas were [sic] customers would concentrate more and spend more time exploring, etc." (emphasis added and references to figures removed for readability) (And note the repeated emphasis on preferably - they don't have a patent to do any of this.)
Which, like, not great! I fucking hate the idea of shit like this! But there is literally nothing here about monitoring your expressions to sell the data about how you react to packaging!
This isn't a nefarious plan hidden in the patent. It's tech bros adding on totally sick ideas about how they can sell this shit to walgreens. (Because to be clear, I'm sure walgreens's corporate office would love to collect and sell this kind of information. But just because they would, doesn't mean they can or are. And this patent sure as hell doesn't prove it.)
Because let me be clear: the image capture of consumers is so irrelevant to the product that it literally isn't even included in the claims section of the patent.
Because the patent is quite explicit and detailed about the idea they are selling big retails stores on - this is a better, new, innovative, tech-driven way to "provide an innovative advertising solution"! (The words "AI," "intelligent," and "machine learning" are deployed liberally, but in the same way that "blockchain" was a few years ago. It's advertising tech hype.)
I want to make it clear - the OP in the video is straight up lying to you. Whether for fun or profit or just attention, I don't know and I don't care. If you shared this, you probably should have know better, but everyone makes mistakes. OP, on the other hand, is just a fucking liar.
But Owl! What about "the senators looking into this"?
I don't know how to tell you this, but thing linked about is a press release by a politician's office. That doesn't mean it's not true, but it's not evidence on it's own. Like, the letter linked in the link included links to sources, but is not itself evidence (ooh, layers of links to actually get to a source, my favorite)(actually my computer wouldn't even goddam open the links to the source, I had to independently search for it).
Anyway, the letter to Kroger linked in the press release by the senators contains a single sentence and a single link relevant to the claim here (linked for your convenience because it sure as hell wasn't for mine). Unfortunately, this article is itself based on a goddam press release (That isn't linked! Again, you're welcome.)
And when we finally get to the underlying fucking source. "In addition to transforming the customer experience and enhancing productivity for associates, the EDGE Shelf will enable Kroger to generate new revenue by selling digital advertising space to consumer packaged goods (CPGs) brands. Using video analytics, personalized offers and advertisements can be presented based on customer demographics." So it's purporting to something *kind of* like the claim in the video, but an entirely different format completely unrelated to the thing the video is scaremongering about.
Now Kroger did actually start using the advertising screens in 2023. And you can believe what you want about the data privacy claims and the claims about not using video, just sensors (which remember is entirely consistent with the patent). But remember: being skeptical of a company's claims is fine and good! It does not mean you have proven they are lying, and it especially does not prove you have claimed they are doing something extremely specific! And most of the articles, and the letter from the senators, are (much more reasonably) concerned about so-called "dynamic" or surge pricing. (Which is not related to the screens.)
Like goddamn. Aren't there enough real problems with surveillance and price-gorging to be concerned about without having to make up fake ones? Hell, why can't we at least be concerned with the real problems with those dumb screens, which is that the a) make shopping harder and b) catch fire?
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probablyasocialecologist ¡ 1 year ago
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Consider the ways oil and gas are already entwined with big tech. The foundation of the partnership between Big Tech and Big Oil is the cloud, explains Zero Cool, a software expert who went to Kazakhstan to do work for Chevron and chronicled this in Logic magazine. “For Amazon, Google, and Microsoft, as well as a few smaller cloud competitors like Oracle and IBM, winning the IT spend of the Fortune 500 is where most of the money in the public cloud market will be made”—and out of the biggest ten companies in the world by revenue, six are in the business of oil production. What are oil companies going to do with the cloud? Apparently, Chevron—which signed a seven-year cloud contract with Microsoft—generates a terabyte of data per day per sensor and has thousands of wells with these sensors. They can’t even use all that data because of the scale of computation required. “Big Tech doesn’t just supply the infrastructures that enable oil companies to crunch their data,” explains Zero Cool; they also provide analytic tools, and machine learning can help discover patterns to run their operations more efficiently. This is another reason why Big Oils need Big Tech; they have the edge when it comes to artificial intelligence/machine learning. “Why go through the effort of using clean energy to power your data centers when those same data centers are being used by companies like Chevron to produce more oil?” Zero Cool asks, also noting that one of the main reasons oil companies are interested in technology is to surveil workers.
Holly Jean Buck, Ending Fossil Fuels: Why Net Zero is Not Enough
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ultraviolet-divergence ¡ 3 months ago
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Trump administration directs spy satellite agencies to surveil US-Mexico border (Reuters)
Reuters could not determine whether the effort, which has not been previously reported, would gather imagery of U.S. territory. While laws generally restrict U.S. spy agencies from surveilling citizens and other legal residents, they allow immigration authorities to conduct physical searches "within a reasonable distance from any external boundary of the United States." Regulations have defined this as 100 air miles from the border, opens new tab– an area including cities such as San Diego and El Paso. "If they follow the law, these agencies should only collect on the other side of the border in foreign territory," said Paul Rosenzweig, a lawyer who specializes in national security and privacy law. "But how they implement that, and if they do, are legitimate oversight questions."
There's no world where the "digital wall" they are trying to build (see below) doesn't hasten the conjoining of the NROs spy satellite outputs and the booming market of domestically-operating private surveillance technology firms, many of which are building out border surveillance networks.
Multiple defense contractors - new and legacy ones alike - are in talks with various government agencies to aid the border-security work, building on existing deals they have, said the two sources aware of the initiative. A “digital wall” to augment the border’s physical one would be the goal, said one of the sources. For instance, data analytics provider Palantir (PLTR.O), opens new tab powers the so-called Maven Smart System for the Pentagon, via contracts it won last year valued at about $580 million. Maven pulls together data and uses AI to speed up target identification for intelligence analysts. Palantir has long worked with the Department of Homeland Security as well. Anduril, a defense tech startup, designs sensor towers and related software. Last fall, the company announced it had deployed 300 autonomous versions of these towers for U.S. Customs and Border Protection, detecting and tracking objects of interest through radar and other technology. In recent months, Palantir, Anduril, Elon Musk's SpaceX and other newer contractors have discussed a consortium to jointly bid for U.S. defense deals and outcompete the Beltway's legacy players, according to a source familiar with the matter.
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arorganicfertizer ¡ 9 months ago
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ORGANIC FERTILIZER IN FUTURE ?
In the future, organic fertilizers are likely to become increasingly central to sustainable agriculture due to several evolving trends and advancements. Here’s how they might develop and impact farming practices:
1. Advanced Formulations and Technologies
Bioengineered Fertilizers: Future organic fertilizers could be engineered with specific microorganisms or enzymes to enhance nutrient availability and uptake, tailored to different soil types and crops.
Smart Fertilizers: Incorporating sensors and smart technology could enable fertilizers to release nutrients in response to soil conditions or crop needs, optimizing efficiency and reducing waste.
2. Enhanced Nutrient Delivery
Customized Blends: Advances in technology may allow for more precise formulations of organic fertilizers that match the exact nutrient requirements of different plants, leading to improved growth and yield.
Controlled Release: Organic fertilizers could be designed to release nutrients slowly over time, ensuring a steady supply to plants and reducing the need for frequent applications.
3. Waste Utilization and Circular Economy
Innovative Waste Recycling: Organic fertilizers may increasingly be produced from a variety of waste streams, including agricultural by-products, food waste, and even urban compost. This not only reduces waste but also adds value to otherwise discarded materials.
Circular Agricultural Systems: The concept of circular agriculture, where outputs from one process serve as inputs for another, could become more prevalent, with organic fertilizers playing a key role in this system.
4. Climate Change Mitigation
Carbon Sequestration: Organic fertilizers can enhance soil’s ability to sequester carbon, helping to mitigate climate change. Future advancements may focus on maximizing this benefit through improved soil management practices.
Resilient Crop Systems: By improving soil structure and health, organic fertilizers will help crops adapt to changing climate conditions, such as increased frequency of droughts and floods.
5. Integration with Precision Agriculture
Data-Driven Decisions: The integration of organic fertilizers with precision agriculture technologies, such as drones, soil sensors, and data analytics, will enable more accurate and efficient application, tailored to specific field conditions and crop needs.
Real-Time Monitoring: Technologies that provide real-time data on soil health and nutrient levels could lead to more responsive and adaptive fertilizer applications.
6. Regenerative Agriculture
Soil Health Focus: Organic fertilizers will be integral to regenerative agriculture practices that prioritize rebuilding soil health, enhancing biodiversity, and reducing reliance on synthetic inputs.
Holistic Approaches: Future practices may integrate organic fertilizers with other regenerative techniques, such as cover cropping, reduced tillage, and agroforestry.
7. Policy and Market Dynamics
Regulatory Support: As governments and institutions place more emphasis on sustainability and environmental protection, organic fertilizers may benefit from supportive policies and incentives.
Consumer Preferences: Growing consumer demand for sustainably produced food will drive the adoption of organic fertilizers, as they align with organic and eco-friendly farming practices.
8. Global and Urban Agriculture
Urban and Vertical Farming: With the rise of urban agriculture, organic fertilizers will be adapted for use in smaller-scale and vertical farming systems, making them suitable for city-based food production.
Global Adoption: As more regions around the world adopt sustainable farming practices, organic fertilizers will play a key role in global efforts to improve food security and environmental health.
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biz-buzz-hub ¡ 8 months ago
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📊 Unlocking Trading Potential: The Power of Alternative Data 📊
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In the fast-paced world of trading, traditional data sources—like financial statements and market reports—are no longer enough. Enter alternative data: a game-changing resource that can provide unique insights and an edge in the market. 🌐
What is Alternative Data? Alternative data refers to non-traditional data sources that can inform trading decisions. These include:
Social Media Sentiment: Analyzing trends and sentiments on platforms like Twitter and Reddit can offer insights into public perception of stocks or market movements. 📈
Satellite Imagery: Observing traffic patterns in retail store parking lots can indicate sales performance before official reports are released. 🛰️
Web Scraping: Gathering data from e-commerce websites to track product availability and pricing trends can highlight shifts in consumer behavior. 🛒
Sensor Data: Utilizing IoT devices to track activity in real-time can give traders insights into manufacturing output and supply chain efficiency. 📡
How GPT Enhances Data Analysis With tools like GPT, traders can sift through vast amounts of alternative data efficiently. Here’s how:
Natural Language Processing (NLP): GPT can analyze news articles, earnings calls, and social media posts to extract key insights and sentiment analysis. This allows traders to react swiftly to market changes.
Predictive Analytics: By training GPT on historical data and alternative data sources, traders can build models to forecast price movements and market trends. 📊
Automated Reporting: GPT can generate concise reports summarizing alternative data findings, saving traders time and enabling faster decision-making.
Why It Matters Incorporating alternative data into trading strategies can lead to more informed decisions, improved risk management, and ultimately, better returns. As the market evolves, staying ahead of the curve with innovative data strategies is essential. 🚀
Join the Conversation! What alternative data sources have you found most valuable in your trading strategy? Share your thoughts in the comments! 💬
#Trading #AlternativeData #GPT #Investing #Finance #DataAnalytics #MarketInsights
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khalid-albeshri ¡ 1 year ago
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Artificial intelligence in real estate industry:
Artificial intelligence (AI) is increasingly being utilized in the real estate industry to streamline processes, enhance decision-making, and improve overall efficiency. Here are some ways AI is making an impact in real estate:
1. Property Valuation: AI algorithms can analyze vast amounts of data including historical sales data, property features, neighborhood characteristics, and market trends to accurately estimate property values. This helps sellers and buyers to make informed decisions about pricing.
2. Predictive Analytics: AI-powered predictive analytics can forecast market trends, identify investment opportunities, and anticipate changes in property values. This information assists investors, developers, and real estate professionals in making strategic decisions.
3. Virtual Assistants and Chatbots: AI-driven virtual assistants and chatbots can handle customer inquiries, schedule property viewings, and provide personalized recommendations to potential buyers or renters. This improves customer service and helps real estate agents manage their workload more efficiently.
4. Property Search and Recommendation: AI algorithms can analyze user preferences, search history, and behavior patterns to provide personalized property recommendations to buyers and renters. This enhances the property search experience and increases the likelihood of finding suitable listings.
5. Property Management: AI-powered tools can automate routine property management tasks such as rent collection, maintenance scheduling, and tenant communication. This reduces administrative overhead and allows property managers to focus on more strategic aspects of their role.
6. Risk Assessment: AI algorithms can analyze factors such as credit history, employment status, and financial stability to assess the risk associated with potential tenants or borrowers. This helps landlords and lenders make informed decisions about leasing or lending.
7. Smart Building Technology: AI-enabled sensors and IoT devices can collect and analyze data on building occupancy, energy consumption, and environmental conditions to optimize building operations, improve energy efficiency, and enhance occupant comfort.
#KhalidAlbeshri#pivot#Holdingcompany#CEO#Realestate#realestatedevelopment#contentmarketing#businessmanagement#businessconsultants#businessstartup#marketingtips#خالدالبشري
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industrynewsupdates ¡ 8 months ago
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Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030
The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.
Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.
Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.
Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market
Detailed Segmentation:
Market Concentration & Characteristics
The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.
Market Dynamics
The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.
Component Insights
On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.
Growing Mechanism Insights
The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.
Crop Category Insights
The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022. 
Structure Insights
The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.
Regional Insights
In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030. 
• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. 
Key Companies & Market Share Insights
Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.
• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.
• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.
Key Vertical Farming Companies:
• AeroFarms (U.S.)
• Illumitex, Inc. (U.S.)
• American Hydroponics (U.S.)
• Agrilution GmbH
• Brightfarms Inc.
• Everlight Electronics Co., Ltd.
• Freight Farms
• GrowUp Urban Farms Ltd.
• Green Sense Farms, LLC
• Vertical Farm Systems.
Vertical Farming Market Segmentation
Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region
Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)
• Shipping Container
• Building-based
Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)
• Hardware
o Lighting
o Hydroponic components
o Climate control
o Sensors
• Software
• Services
o System Integration & Consulting
o Managed Services
o Assisted Professional Services
Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)
• Hydroponics
• Aeroponics
• Aquaponics
Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)
• Fruits Vegetables, & Herbs
o Tomato
o Lettuce
o Bell & Chili Peppers
o Strawberry
o Cucumber
o Leafy Greens (excluding lettuce)
o Herbs
o Others
• Flowers & Ornamentals
o Perennials
o Annuals
o Ornamentals
• Others (Cannabis, Microgreens)
Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o Singapore
o South Korea
• South America
o Brazil
• Middle East and Africa (MEA)
Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.
Recent Developments
• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.
• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.
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market-insider ¡ 10 months ago
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Market Report on Vertical Farming Products: Understanding Size, Share, and Growth Trajectories
The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.
Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.
Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.
Artificial lighting helps in extending the hours of natural daylight, which further increases the health, growth rate, and yield of the plants. Artificial lighting such as high-pressure sodium lighting and LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce a dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.
A hydroponic system is a method of growing plants without soil. A hydroponic system eliminates the need for pesticides and artificial ripening agents and helps in producing nutritionally-rich vegetables. However, factors such as high initial investment and fewer crop varieties are likely to restrain the market growth.
For More Details or Sample Copy please visit link @: Vertical Farming Market Report
Vertical Farming Market Report Highlights
The escalating production of biopharmaceutical products is anticipated to drive the market
The shipping container segment accounted for the largest market share in 2022. Shipping container-based farming uses less water than traditional farming with drip irrigation. Shipping containers can be easily stacked, modified, recycled, and refurbished at a lower cost. Additionally, the excess availability of unused shipping containers across the region will likely influence segment growth over the forecast period
The hardware segment accounted the largest market share in 2022. The hardware plays a significant role in maintaining the environment of the indoor farms. The segment is further categorized into climate control systems, lighting systems, sensors, and irrigation systems, which enables the cultivation of indoor-grown crops
The fruits vegetables, & herbs segment is also expected to have considerable growth over the forecast period. The increasing cultivation of commonly grown fruits and vegetables in greenhouses is driving the segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation
Based on offering, the climate control segment is expected to witness high growth over the forecast period as the growth of crops can be controlled by monitoring and adjusting the concentrations of minerals
By growing mechanism, the aeroponics segment is expected to observe considerable growth over the forecast period as the aeroponics facilitate fast growth in plants (under normal conditions)
The North American regional market is expected to witness significant growth over the forecast period owing to the expansion of small-scale, commercial vertical farms
Gain deeper insights on the market and receive your free copy with TOC now @: Vertical Farming Market Report
We have segmented the global vertical farming market report based on structure, growing mechanism, crop category and region.
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briantwomeydallas ¡ 2 years ago
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How Innovation Is Reshaping the Food Industry
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Food innovation refers to introducing novel ideas, products, and technologies that change how society produces, processes, packages, distributes, and consumes food. It goes beyond merely creating new recipes or flavors - food innovation encompasses advances in agriculture, food science, sustainability, and packaging. The goal is to enhance efficiency, safety, nutrition, and the overall consumer experience.
The need for food innovation arises from the ever-changing demands of consumers and the pressing challenges faced by the industry. As the global population continues to grow, so does the demand for food. Additionally, sustainability concerns, climate change, and limited resources prompt exploring alternative food growing and production methods. Innovations in food aim to enhance food security, minimize environmental impact, and offer consumers healthier, more diverse options.
Food innovation occurs through a combination of research, collaboration, and creativity. Scientists, entrepreneurs, farmers, and food industry professionals work together to develop new technologies and processes. Research institutions and startups play a crucial role in conducting experiments, testing new concepts, and bringing innovative products to the market.
In recent years, the food industry has witnessed groundbreaking innovations reshaping how people interact with food. The plant-based movement has gained immense traction, with plant-based alternatives for meat, dairy, and seafood becoming mainstream. Companies have developed plant-based burgers, vegan cheeses, and sustainable seafood alternatives using cutting-edge technologies. Beyond plant-based options, innovations have also focused on alternative protein sources, such as insect-based proteins and lab-grown meats, offering sustainable and protein-rich alternatives.
Swedish startup Mycorena is boosting microbial protein production through its fungi-based mycoprotein called Promyc. This ingredient can be used to create meat and tuna alternatives, beverage additives, and dessert ingredients, offering plant-based and sustainable options for consumers.
Finnish startup Onego Bio has developed a product genetically identical to egg whites using fermentation, and without using actual chickens. It uses precision fermentation of a microflora called Trichoderma reesei to produce ovalbumin, the protein found in chicken egg whites. This technology offers a sustainable and animal-friendly alternative for various food applications, including baked goods, desserts, sauces, and dressings.
Companies like New Culture are incorporating animal-free casein into their cheeses through precision fermentation. This breakthrough allows them to produce animal-free mozzarella cheese, offering a delicious and cruelty-free alternative to traditional dairy products.
In addition, consumers increasingly seek transparency in food choices, leading to the clean label movement. Brands are responding by using simple natural ingredients and avoiding artificial additives and preservatives.
Breakthrough innovations in the food industry are revolutionizing how society grows, produces, and consumes food, focusing on sustainability, nutrition, and convenience. One such innovation is plastic-free and smart packaging. Food companies are exploring biodegradable and even edible packaging solutions in response to environmental concerns. Smart packaging using nanotechnology is also gaining popularity, allowing consumers to assess food safety and quality easily.
The Internet of Things (IoT) in agriculture employs sensors and data analytics for optimizing crop conditions, irrigation, and pest control, reducing resource usage. Food waste reduction solutions, such as surplus food redistribution platforms, are being developed to combat the global food waste crisis. Moreover, biotechnology and data science advances enable personalized nutrition, tailoring dietary recommendations to individuals based on their genetic makeup, lifestyle, and health goals. These innovations promise a more sustainable, healthier, and efficient food future.
Food innovation is driving a remarkable transformation in the food industry, responding to the challenges and opportunities of today. From new plant-based products to sustainable agriculture and cutting-edge technologies, the future of food promises to be more diverse, nutritious, and sustainable. As consumers, entrepreneurs, and stakeholders continue to embrace innovation, the food industry's journey toward a more resilient and conscious future is set to continue.
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radiantedgeitservices ¡ 10 months ago
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Revolutionizing Business with IoT: Comprehensive Services and Monitoring Solutions
In today's fast-paced digital era, the Internet of Things (IoT) is transforming the way businesses operate. At RadiantEdge, we understand the immense potential of IoT and are committed to helping businesses in Dubai and beyond leverage this technology to drive innovation, streamline operations, and enhance productivity.
Why IoT is the Future of Business
The Internet of Things refers to the interconnection of everyday devices to the internet, allowing them to send and receive data. This technology enables businesses to automate processes, improve efficiency, and make data-driven decisions. From smart factories to intelligent supply chains, IoT is the backbone of the modern digital transformation... Explore More...
RadiantEdge's Comprehensive IoT Services in Dubai
As leaders in the IT industry with over two decades of experience, RadiantEdge is proud to offer a wide range of IoT services tailored to meet the specific needs of businesses in Dubai. Our IoT services in Dubai include:
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IoT Strategy Development: We work closely with our clients to develop a customized IoT strategy that aligns with their business goals. This includes identifying key opportunities, selecting the right IoT platforms, and designing a roadmap for implementation.
IoT System Design and Integration: Our team of experts designs and integrates IoT systems that connect various devices and sensors, enabling seamless communication and data exchange. We ensure that these systems are scalable and secure, allowing businesses to grow and adapt to changing market conditions.
IoT Implementation and Deployment: From pilot projects to full-scale deployments, RadiantEdge manages every aspect of IoT implementation. We ensure that the transition to IoT is smooth and that systems are operational with minimal disruption to business activities.
Custom IoT Solutions: We understand that every business is unique, which is why we offer customized IoT solutions. Whether it's a smart building, connected vehicles, or an intelligent supply chain, we develop solutions that are tailored to your specific industry and business requirements.
IoT Monitoring: Ensuring Optimal Performance
One of the critical aspects of IoT is ensuring that all connected devices and systems are functioning optimally. Our IoT monitoring solutions are designed to provide real-time insights into the performance of your IoT ecosystem. With advanced analytics and proactive alerts, businesses can monitor the health of their IoT networks, identify potential issues, and take corrective actions before they escalate.
Key Features of Our IoT Monitoring Solutions:
Real-Time Data Analytics: Gain actionable insights from your IoT devices with real-time data analytics. Monitor key performance indicators, track trends, and make informed decisions to optimize operations.
Proactive Alerts: Our monitoring systems are equipped with intelligent alert mechanisms that notify you of any irregularities or potential issues. This allows for timely intervention, reducing downtime and ensuring continuity of operations.
Scalability: As your business grows, so does your IoT network. Our monitoring solutions are designed to scale with your business, providing consistent performance and reliability.
Security and Compliance: IoT security is paramount. We ensure that your IoT systems are protected against cyber threats and comply with industry standards and regulations.
The RadiantEdge Advantage
Choosing RadiantEdge for your IoT services in Dubai means partnering with a team of professionals who are dedicated to your success. Our expertise, combined with our commitment to innovation, makes us the ideal partner for businesses looking to embrace the future of technology.
Experienced Team: With over 20 years in the IT industry, our team has the knowledge and expertise to deliver high-quality IoT solutions.
Customer-Centric Approach: We prioritize our clients' needs and work closely with them to deliver solutions that drive results.
Global Reach: While based in the vibrant town of Nashik, we serve clients across the globe, delivering cutting-edge technology solutions.
Conclusion
The future of business lies in the Internet of Things. At RadiantEdge, we are committed to helping businesses in Dubai and beyond unlock the full potential of IoT. From strategy development to monitoring and maintenance, our comprehensive IoT services ensure that your business stays ahead in a rapidly evolving digital landscape.
Ready to revolutionize your business with IoT? Contact RadiantEdge today to learn more about our IoT services and how we can help you achieve success.
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prettymunchkin ¡ 1 year ago
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Unlocking the Future: AI's Hidden Potential in Real Estate
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In an era characterized by rapid technological advancements, industries across the board are witnessing transformative changes, and the real estate sector is no exception. As AI continues to permeate various aspects of our lives, its potential to empower the real estate industry remains largely untapped. In this blog post, we'll explore the unique ways in which AI can revolutionize the real estate landscape, unlocking new opportunities and reshaping traditional practices.
Democratizing Access to Real Estate Investment: Traditionally, investing in real estate has been perceived as exclusive to those with substantial capital and industry expertise. However, AI-powered platforms are democratizing access to real estate investment by offering fractional ownership and crowdfunding opportunities. Through algorithms that analyze market trends and assess investment risks, these platforms enable individuals to diversify their portfolios and participate in lucrative real estate ventures with lower barriers to entry.
Sustainable Development and Green Building Initiatives: As sustainability becomes a key priority in urban development, AI can play a pivotal role in advancing green building initiatives. Machine learning algorithms can optimize building designs for energy efficiency, leverage IoT sensors to monitor resource consumption, and forecast environmental impacts. By integrating AI-driven sustainability solutions into real estate projects, developers can minimize carbon footprints, reduce operational costs, and create healthier living environments for occupants.
Enhancing Urban Planning and Smart Cities: AI's ability to process vast amounts of data can revolutionize urban planning and contribute to the realization of smart cities. By analyzing demographic trends, traffic patterns, and infrastructure requirements, AI algorithms can optimize land use, improve transportation networks, and enhance urban resilience. Through predictive modeling and scenario analysis, city planners can make data-driven decisions that foster sustainable growth, mitigate congestion, and enhance quality of life for residents.
Empowering Real Estate Agents with Intelligent Assistants: Real estate agents juggle numerous tasks, from lead generation to property management, often leading to time constraints and inefficiencies. AI-powered virtual assistants can alleviate this burden by automating repetitive tasks, such as scheduling appointments, responding to inquiries, and generating personalized property recommendations. By leveraging natural language processing and sentiment analysis, these intelligent assistants can enhance customer engagement, streamline workflows, and enable agents to focus on high-value activities.
Predictive Analytics for Property Development: AI-driven predictive analytics offer valuable insights into future property trends and demand dynamics, guiding developers in making informed decisions throughout the development lifecycle. By analyzing factors such as population growth, economic indicators, and consumer preferences, AI algorithms can identify prime locations for new developments, optimize property designs, and forecast market demand with greater accuracy. This proactive approach minimizes investment risks and maximizes returns on real estate projects.
Cultural Preservation and Heritage Conservation: Preserving cultural heritage sites and historic buildings is crucial for maintaining a sense of identity and preserving collective memory. AI technologies, such as computer vision and image recognition, can aid in the documentation, restoration, and conservation of cultural landmarks. By digitizing architectural artifacts, analyzing structural integrity, and simulating restoration scenarios, AI contributes to the preservation of cultural heritage for future generations to appreciate and cherish.
Conclusion:
As we navigate the complexities of an ever-evolving real estate landscape, embracing AI's transformative potential is key to unlocking new opportunities and addressing emerging challenges. From democratizing access to investment opportunities to advancing sustainable development initiatives, AI empowers stakeholders across the real estate industry to innovate, adapt, and thrive in a rapidly changing world. By harnessing AI's capabilities, we can build more resilient, inclusive, and sustainable communities for generations to come.
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marketinsight1234 ¡ 1 year ago
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Indonesia Smart Cities Market Outlook for Forecast Period (2023 to 2030)
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Indonesia's Smart Cities are Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.
The development of smart cities revolves around the utilization of cutting-edge technologies and data analytics to optimize urban systems. Key components include the implementation of the Internet of Things (IoT) infrastructure, which involves the deployment of connected devices and sensors to gather real-time data.
This data is then analyzed to provide valuable insights that inform decision-making by city officials. Smart mobility solutions play a vital role in improving transportation networks, easing traffic congestion, and promoting eco-friendly transit options. E-governance platforms are adopted to streamline administrative processes and facilitate seamless citizen-government interactions.
Sustainability initiatives are emphasized, including energy-efficient buildings, renewable energy integration, waste management, and environmental conservation. Moreover, citizen engagement is fostered through digital platforms, allowing residents to actively participate in shaping urban policies and providing feedback to authorities.
One of the notable examples of smart city development in Indonesia is the "Jakarta Smart City" initiative. As the capital and most populous city in the country, Jakarta faces numerous urban challenges such as traffic congestion, waste management, and environmental pollution. To tackle these issues, the Jakarta Smart City program leverages technology and data to improve various urban services. Real-time traffic data is collected through IoT sensors to optimize transportation routes and manage traffic flow efficiently.
Waste management is enhanced by implementing smart waste bins that alert authorities when they need to be emptied, reducing unnecessary waste collection trips. Moreover, the program employs digital platforms and mobile applications to engage citizens, allowing them to access information about city services, report issues, and participate in decision-making processes. These efforts have aimed to transform Jakarta into a more sustainable, efficient, and citizen-centric smart city.
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The latest research on the Indonesia Smart Cities market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indonesia Smart Cities industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indonesia Smart Cities market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Market Driver:
One of the key drivers propelling the growth of the Indonesia Smart Cities market is the government's strong commitment to urban development and digital transformation. Initiatives such as the 100 Smart Cities Movement and various smart city pilot projects across the archipelago are driving the integration of smart technologies. The government's emphasis on creating efficient and sustainable urban ecosystems through the adoption of smart solutions is encouraging both public and private sector investments. As a result, there is a growing demand for intelligent infrastructure, smart transportation systems, and data-driven governance to address the challenges of rapid urbanization.
Market Opportunity:
An exciting opportunity within the Indonesia Smart Cities market lies in the development of smart transportation systems. As urbanization accelerates, traffic congestion and transportation inefficiencies pose significant challenges. Implementing smart transportation solutions, including intelligent traffic management, integrated public transportation systems, and the adoption of electric vehicles, can greatly enhance urban mobility. The integration of these technologies not only addresses current challenges but also creates a foundation for sustainable and future-ready urban transportation. Entrepreneurs and businesses investing in smart transportation solutions stand to benefit from a burgeoning market with the potential to transform how people and goods move within cities.
Leading players involved in the Indonesia Smart Cities Market include:
PT Aplikanusa Lintasarta (Indonesia), PT Telkom (Telekomunikasi Indonesia Tbk) (Indonesia), PT XL Axiata Tbk (Indonesia), Siemens (Germany), Schneider Electric (France), Philips (Netherlands), Huawei Tech Investment (China), PT Waskita Karya (Indonesia), PT KAI Commuter Jabodetabek (Indonesia), PT Indosat Ooredoo (Indonesia), PT Link Net Tbk (First Media) (Indonesia), PT Surya Semesta Internusa (Indonesia), Ace Hardware Tbk (US), PT Sinar Mas Land (Indonesia), PT Cipta Kridatama (Indonesia), SICE (Spain), PT Cyberindo Aditama (CBN) (Indonesia), PT Sampoerna Telekomunikasi Indonesia (STI) (Indonesia), PT Pelayaran Tempuran Emas Tbk (TEMAS) (Indonesia), PT Bangun Cipta Kontraktor (BCK) (Indonesia), and Other Major Players. 
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Segmentation of Indonesia Smart Cities Market:
By Solution and Service      
Smart Mobility Management
Smart Public Safety
Smart Healthcare
Smart Building
Smart Utilities
Others
By Component         
Hardware
Software
Service
By Level        
Emerging Smart Cities
Developing Smart Cities
Mature Smart Cities
By End-user  
Government & Municipalities
Transportation & Logistics
Energy & Utilities
Healthcare
Education
Others
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stagnate-03 ¡ 1 year ago
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The Transformative Impact of AI on Data Collection and Analysis
In the ever-evolving landscape of technology, Artificial Intelligence (AI) has emerged as a powerful force reshaping various industries. One of the areas experiencing a profound transformation is data collection and analysis. The integration of AI into these processes has not only increased efficiency but has also unlocked new possibilities for extracting meaningful insights. This article explores the ways in which AI is revolutionizing data collection and analysis, driving innovation across sectors.
Automation and Efficiency:
Traditionally, data collection involved manual efforts, consuming significant time and resources. AI has automated this process, enabling organizations to gather and process vast amounts of data at unprecedented speeds. Machine learning algorithms can sift through massive datasets, identifying patterns, trends, and anomalies far more efficiently than human counterparts. This not only reduces the burden on human labor but also allows organizations to make data-driven decisions in real-time.
Enhanced Accuracy and Predictive Analytics:
AI technologies, particularly machine learning, excel in recognizing complex patterns within data. This capability enhances the accuracy of data analysis and enables predictive analytics. By leveraging historical data, AI models can forecast future trends and outcomes, providing valuable insights for strategic decision-making. This predictive power is invaluable in industries such as finance, healthcare, and marketing, where accurate forecasting is crucial.
Natural Language Processing (NLP) for Unstructured Data:
With the proliferation of unstructured data in the form of text, audio, and video, traditional data analysis methods struggled to extract meaningful information. AI, specifically Natural Language Processing (NLP), has emerged as a game-changer in handling unstructured data. NLP enables machines to understand and interpret human language, making it possible to analyze text, sentiment, and context. This capability is particularly beneficial in customer feedback analysis, social media monitoring, and content categorization.
Internet of Things (IoT) Integration:
The rise of IoT devices has led to an explosion of data generated from various sources, ranging from smart appliances to industrial sensors. AI plays a pivotal role in processing and analyzing this data in real-time. Machine learning algorithms can identify patterns, detect anomalies, and optimize processes based on the continuous stream of IoT-generated data. This synergy between AI and IoT has significant implications for industries like manufacturing, logistics, and smart cities.
Personalization and Customer Insights:
AI-driven data analysis enables organizations to personalize user experiences by understanding individual preferences and behaviors. Through advanced recommendation systems and behavioral analysis, businesses can tailor their products and services to meet the specific needs of their customers. This level of personalization not only enhances customer satisfaction but also improves customer retention and loyalty.
Ethical Considerations and Privacy:
While AI has brought about unprecedented advancements in data collection and analysis, it also raises ethical concerns, particularly related to privacy. The vast amount of personal data being collected requires careful handling to ensure compliance with privacy regulations and to protect individuals' rights. Striking a balance between innovation and ethical considerations remains a critical challenge in the continued development of AI-powered data solutions.
Conclusion:
The integration of AI into data collection and analysis is revolutionizing the way organizations operate and make decisions. The increased efficiency, accuracy, and predictive capabilities offered by AI have far-reaching implications across various industries. As we navigate this transformative era, it is essential to address ethical considerations and privacy concerns to ensure responsible and sustainable use of AI technologies in the realm of data. The ongoing synergy between human intelligence and artificial intelligence promises a future where data-driven insights drive innovation and fuel progress.
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vivekavicky12 ¡ 2 years ago
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Data Science Unveiled: A Journey Across Industries
In the intricate tapestry of modern industries, data science stands as the master weaver, threading insights, predictions, and optimizations. From healthcare to finance, e-commerce to education, the applications of data science are as diverse as the sectors it transforms. Choosing the  Top Data Science Institute can further accelerate your journey into this thriving industry. In this exploration, we'll embark on a journey to unravel the pervasive influence of data science across various domains, witnessing its transformative power and impact on decision-making in the digital age.
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Healthcare: Pioneering Precision Medicine
In the healthcare sector, data science acts as a beacon of innovation. It plays a pivotal role in patient diagnosis, treatment optimization, and personalized medicine. By analyzing vast datasets, healthcare professionals can identify patterns, predict disease outcomes, and tailor treatments to individual patients. This not only enhances the efficiency of healthcare delivery but also contributes to groundbreaking advancements in medical research.
Finance: Navigating Risk and Detecting Fraud
The financial landscape is ripe for data science applications, particularly in risk management, fraud detection, and algorithmic trading. Data-driven models analyze market trends, assess risk exposure, and identify fraudulent activities in real-time. This not only safeguards financial institutions but also empowers them to make informed investment decisions, optimizing portfolios for better returns.
E-commerce: Crafting Personalized Experiences
In the bustling world of e-commerce, data science is the engine driving personalized experiences. Recommendation systems powered by data analysis understand user behavior, preferences, and purchase history. This results in tailored product suggestions, optimized pricing strategies, and a seamless shopping journey that boosts sales and enhances customer satisfaction.
Telecommunications: Enhancing Connectivity and Predicting Maintenance
Telecommunications companies leverage data science for network optimization, predictive maintenance, and customer churn analysis. By analyzing vast datasets, they can optimize network performance, predict potential issues, and proactively address concerns. This not only enhances the reliability of communication networks but also improves the overall customer experience.
Marketing: Precision in Targeting and Campaign Optimization
Marketers rely on data science for precision in targeting and campaign optimization. Customer segmentation, behavior analysis, and predictive modeling help marketers tailor their strategies for maximum impact. This ensures that marketing efforts are not only more effective but also cost-efficient, yielding higher returns on investment.
Education: Tailoring Learning Experiences
In the realm of education, data science is reshaping how students learn. Personalized learning experiences, performance analytics, and resource optimization are made possible through data analysis. By understanding student behavior and learning patterns, educators can tailor educational strategies to individual needs, fostering a more adaptive and effective learning environment.
Manufacturing: Predictive Maintenance and Quality Control
Manufacturing enterprises harness data science for predictive maintenance, quality control, and supply chain optimization. Analyzing data from sensors and production lines allows for predictive maintenance, minimizing downtime and reducing defects. This not only enhances operational efficiency but also contributes to cost savings. Choosing the best Data Science Courses in Chennai is a crucial step in acquiring the necessary expertise for a successful career in the evolving landscape of data science.
Energy: Sustainability and Operational Efficiency
Data science is a driving force in the energy sector, contributing to sustainability and operational efficiency. Predictive maintenance of equipment, analysis of energy consumption patterns, and optimization of energy production are facilitated through data-driven insights. This not only ensures reliable energy supply but also contributes to the global push for sustainable practices.
Transportation and Logistics: Optimizing Routes and Operations
In transportation and logistics, data science is instrumental in optimizing routes, predicting demand, and managing fleets efficiently. By analyzing data on traffic patterns, delivery times, and inventory levels, companies can optimize logistics operations, reduce costs, and improve overall service delivery.
Human Resources: Talent Acquisition and Workforce Planning
Human Resources (HR) departments utilize data science for talent acquisition, employee engagement analysis, and workforce planning. Analyzing data on employee performance, satisfaction, and recruitment processes enables HR professionals to make informed decisions, attract top talent, and optimize organizational performance.
Social Media: Enhancing User Engagement and Content Recommendation
Social media platforms leverage data science for enhancing user engagement and content recommendation. Algorithms analyze user interactions, preferences, and behaviors to recommend personalized content and improve overall user experience. This not only keeps users engaged but also enhances the platform's ability to deliver relevant content.
Government and Public Policy: Informed Decision-Making
In the realm of government and public policy, data science aids in informed decision-making. Analyzing data on various facets, including crime rates, resource allocation, and citizen services, enables governments to optimize policies for the welfare of the public. This data-driven approach enhances governance and contributes to more effective public services.
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As we traverse the vast landscape of industries, it becomes evident that data science is not merely a tool but a transformative force that connects and elevates diverse sectors. Its ability to extract insights, predict outcomes, and optimize processes is reshaping the way businesses and institutions operate. In an era defined by data, data science stands as a thread weaving through the fabric of innovation, connecting industries and shaping the future of decision-making. As we continue to explore the frontiers of technology, the influence of data science is set to expand, leaving an indelible mark on the evolution of industries across the globe.
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organicmarketresearch1 ¡ 1 year ago
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Global Incontinence and Ostomy Care Products Market Size & Forecast 2031
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The Global Incontinence and Ostomy Care Products Market size was estimated at USD 17.32 billion in 2022 and is expected to hit around USD 27.04 billion by 2031, poised to grow at a compound annual growth rate (CAGR) of 5.42% from 2022 to 2031.
The landscape of products designed to address incontinence and ostomy care within the global healthcare market is collectively known as the global incontinence and ostomy care products market. These products play a crucial role in enhancing the quality of life for individuals dealing with urinary or fecal incontinence and those who have undergone ostomy procedures. The market encompasses a diverse range of offerings, including adult diapers, disposable undergarments, catheters, ostomy bags, skin barriers, and other related accessories.
The demand for incontinence and ostomy care products has witnessed a significant upsurge in recent years, driven by factors such as an aging population, increased prevalence of chronic diseases, and a growing awareness of the importance of maintaining dignity and comfort for patients with such conditions. The market caters to a broad spectrum of consumers, including elderly individuals, patients recovering from surgeries, and those managing chronic health issues, creating a need for technologically advanced and user-friendly products.
As healthcare systems around the world continue to evolve, the global incontinence and ostomy care products market is adapting to meet the changing needs of patients and healthcare providers. Innovations in material technologies, design improvements, and sustainability initiatives are becoming prominent features of these products. Manufacturers are focusing on creating discreet, comfortable, and environmentally friendly solutions to enhance user experience and address concerns related to waste management.
One notable trend influencing the market is the integration of smart technologies into incontinence and ostomy care products. This includes the development of connected devices and wearable sensors designed to provide real-time health monitoring and data analytics for better management of patient care. These technological advancements contribute to personalized and proactive healthcare solutions, fostering independence and convenience for individuals with incontinence and ostomy needs.
Moreover, the market is witnessing a growing emphasis on the development of skincare solutions and products with enhanced moisture management properties. Skin health is a critical aspect for individuals using incontinence and ostomy care products, and manufacturers are investing in formulations that promote skin integrity, reduce irritation, and prevent complications associated with prolonged product use.
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Recent Developments:
One notable advancement in the global incontinence and ostomy care products market is the integration of sustainable and eco-friendly materials. Manufacturers are increasingly adopting biodegradable and compostable materials to address environmental concerns and reduce the ecological impact of disposable products. This reflects a broader industry commitment to sustainability and responsible product development.
Additionally, the market is witnessing a rise in telehealth initiatives and digital platforms that offer personalized guidance and support for individuals managing incontinence and ostomy care at home. This shift towards digital healthcare solutions aims to improve patient education, provide remote consultations, and enhance overall accessibility to expert advice and resources.
In conclusion, the global incontinence and ostomy care products market continues to evolve, driven by a combination of demographic changes, technological innovations, and a growing emphasis on sustainability. As healthcare providers and manufacturers collaborate to meet the diverse needs of patients, the market is expected to witness further advancements in product design, materials, and integrated healthcare solutions.
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Market Segmentation:
Market Breakup: By Product Type Incontinence Care Products Ostomy Care Products
Market Breakup: By Application Bladder Cancer Colorectal Cancer Crohn’s Disease Kidney Stone Chronic Kidney Failure Others
Regional Analysis The size and scope of the global Incontinence and Ostomy Care Products Market vary by region and are important and expanding. Below is a quick summary of the market’s regional analysis:
North America: In North America, the incontinence and ostomy care products market is witnessing significant traction due to a rapidly aging population and a high prevalence of chronic diseases. The region’s advanced healthcare infrastructure and a strong focus on patient comfort contribute to the adoption of innovative incontinence and ostomy care solutions. The United States, in particular, is a key player in driving market growth, with a considerable demand for technologically advanced and discreet products. Ongoing research and development efforts emphasize enhanced absorbency, skin-friendliness, and eco-friendly materials.
Europe: The European market for incontinence and ostomy care products reflects a diverse landscape, with varying levels of awareness and acceptance across different countries. Western European nations, including Germany and the United Kingdom, lead in terms of technological advancements and adoption of premium care products. Strict regulatory standards and a growing emphasis on sustainable materials shape product development in the region. Additionally, an aging population and increased healthcare spending contribute to the expanding market for incontinence and ostomy care products.
Asia-Pacific: The Asia-Pacific region is emerging as a key growth area for the incontinence and ostomy care products market. Rising healthcare awareness, an aging population, and improving economic conditions drive the demand for these products in countries such as China, India, and Japan. The market dynamics in this region showcase a preference for cost-effective solutions, leading to a surge in the adoption of locally produced incontinence and ostomy care products. Innovations targeting comfort, discretion, and ease of use are gaining traction among consumers.
South America: South America’s incontinence and ostomy care products market is characterized by a mix of established players and a burgeoning startup ecosystem. Increasing healthcare infrastructure development, particularly in countries like Brazil and Argentina, is fueling the demand for advanced care solutions. Economic factors, affordability, and compliance with regulatory standards influence the product landscape. Scalability and adaptability to diverse consumer needs are becoming crucial factors for success in this evolving market.
Middle East and Africa: The Middle East and Africa are witnessing a steady growth in the incontinence and ostomy care products market, driven by a growing focus on healthcare infrastructure and an expanding aging population. Countries such as South Africa and the United Arab Emirates are at the forefront of adopting innovative products to address the evolving healthcare landscape. Cloud-based solutions for inventory management and a heightened emphasis on product security and hygiene are becoming integral aspects of incontinence and ostomy care in the region.
Market Breakup By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape The Incontinence and Ostomy Care Products Market competitive landscape provides details by competitor. Details included are company outline, company financials, revenue generated, market potential, investment in research and development, new market initiatives, worldwide occurrence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The overhead data points providing are only related to the businesses’ focus related to Incontinence and Ostomy Care Products marketplace.
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mariacallous ¡ 2 years ago
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Wearing a baseball cap and thick, black-rimmed glasses, Cameron Chell is part defense contractor, part tech executive. His company, Draganfly, used to mainly work with emergency services in North America, selling drones and the accompanying software that could deliver medical equipment, or film traffic accidents from above. But since last February, the Canadian has pivoted his business to cater to a market more than 8,000 miles away: Ukraine.
Now, there are 40 Draganfly drones in Ukraine, repurposed for search-and-rescue missions in bombed-out buildings, landmine detection, and other military tasks that Chell declines to detail. The company has demonstrated its tech to the Ukrainian Air Force, the Ministry of Defence, as well as President Volodomyr Zelenskyy’s fundraising initiative, United24. “There isn't a branch of the government we haven’t worked with or interacted with in some way.” Sometimes he gets texts from Ukrainian contacts, saying a friend of a friend needs a drone for their unit, can he help? Draganfly obliges, of course, for a discounted fee.
Since Russia invaded, military aid has been flowing into Ukraine. The US has committed $39 billion since the war started, the UK $37.3 billion, and the EU $12 billion. Chell and his company are part of a scramble of international tech companies rushing into the country to try and benefit. Business has been so good, he’s set up a field office in Ukraine with four full-time employees. But Draganfly is operating in Ukraine not just to support the cause or to collect the cash. It’s also come for the data.
The war in Ukraine presents an unprecedented opportunity for military tech companies. The scale of the fighting and the sheer number of weapons systems and high-tech sensors deployed have created a vast amount of data about how battles are fought and how people and machines behave under fire. For businesses that want to build the next generation of weapons, or train systems that will be useful in future conflicts, that is a resource of incalculable value.
“Everybody could have the same AI engine. The only differentiator now is how good are the data inputs that you have,” says Chell. “Making sure that it's your sensors collecting that data, and feeding it into your software, is absolutely important. It’s more important than ever to be present.”
There is an old, much derided, cliché that data is the “new oil”—not only because of its cash value, but because of how it will fuel so much of the future economy. Just as large language models, like OpenAI’s ChatGPT, are trained on hundreds of billions of words, AI products in the defense world also have to be fed vast amounts of data. A company selling drones that can autonomously identify tanks, for example, needs to train its software on huge numbers of images: tanks covered in camouflage, tanks obscured by bushes, tanks deep in mud. It needs to be able to recognize the difference between a military tank and a civilian tractor, as well as what type of tank it’s looking at, so it knows friend from foe. For a company like Draganfly, which is selling drones with landmine-detection software, staff need to train their AI on thousands of images, so their system can tell the difference between a rock formation and a modern mine.
“Ukraine is the only place in the world where you can get that data at the moment,” says Ingvild Bode, associate professor at the Center for War Studies at the University of Southern Denmark.
Draganfly is far from the only company to have noticed the potential of Ukraine to gather data. Chell is among a wave of international AI executives traveling to and from the conflict to test and train their products. German AI company Helsing says it has staff regularly traveling to the country. Data analytics company Palantir has opened an office in Kyiv and is offering its services pro bono. “You have to ask yourself, why are they doing that?” says Bode. “There are a number of reasons, and the value of the data will absolutely be one of them.”
Some international companies working in the conflict zone are using their experiences in Ukraine to refine the products they are selling back home. Seattle-based BRINC has designed “Lemur” drones, which are designed to be able to break through windows to access buildings. In the US, they’ve been marketed to police to use in active shooter scenarios. But in Ukraine, they’re being used to help search for survivors after missile attacks, according to the company’s founder, Blake Resnick. The company recently released its Lemur 2 model, which “does utilize some feedback that we've gotten from Ukraine,” he says. The new model can make floor plans of a building as it flies around and can maintain its position in the air, even when the pilot takes their hands off the controller. These ideas might have grown out of BRINC’s work in Ukraine, but according to the company’s YouTube advert, they’re now being marketed to police forces back in the US.
The “data is the new oil” cliché might illustrate data’s value. But it also speaks to the way data can be extracted from a country without benefiting the people who live there. In the first year after the invasion, Ukraine was so welcoming to American tech companies that even startups whose pitches had been rejected at home by the Pentagon got the green light to be trialed by Ukrainian soldiers on the front lines. But that warm welcome is starting to chill, as Ukrainian government officials recognize how valuable their battlefield data would be if it remained in Ukrainian hands.
“You can’t even imagine how many foreign companies are already using Ukraine as a testing ground for their products: AI companies like Clearview, Palantir; anti-jamming systems; everything that has a software component is in Ukraine right now,” says Alex Bornyakov, Ukraine's deputy minister for digital transformation.
Ukraine is very aware of the value of its data, Bornyakov says, cautioning that companies shouldn’t expect to arrive in the country and get access to data for nothing. “This experience we’re in right now—how to manage troops, how to manage them smarter and automatically—nobody has that,” he says. “This data certainly is not for sale. It’s only available if you offer some sort of mutually beneficial cooperation.”
Instead, Ukraine wants to use the data that’s being gathered for its own defense sector. “After the war has finished, Ukraine companies will go to the market and offer solutions that probably nobody else has,” Bornyakov says.
Over the past few months, Ukraine has been talking up its ambitions to leverage its battlefield innovations to build a military-tech industry of its own.
“We want to build a very strong defense tech industry,” says Nataliia Kushnerska, project lead for Brave1, a Ukrainian state platform designed to make it easier for defense-tech companies to pitch their products to the military. The country still wants to partner and cooperate with international companies, she says, but there is a growing emphasis on homegrown solutions.
Building a domestic industry would help protect the country from future Russian aggression, Kushnerska says. And Ukrainians have a better understanding of the dynamics of the battlefield than their international counterparts. “Technologies that cost a huge amount of money, made in [overseas] laboratories, are coming to the front line, and they're not working,” she says.
Brave1—which was exclusively open to Ukrainian companies for its first two months of existence—is not the country’s only attempt to build a homegrown industry. Kushnerska describes secret tech conferences, attended by Ukrainian tech executives and Ministry of Defense officials, where discussions can take place about what the militaries need and how companies can help. In May, Ukraine’s parliament voted through a series of tax breaks for drone makers, in an attempt to encourage the industry. Those government efforts, combined with the huge demand for drones and the motivation to win the war, is creating entire new industries, says Bornyakov. He claims the country now has more than 300 companies making drones.
One of those 300 companies is AeroDrone, which started out as a crop-spraying system based in Germany. By the time of the full-scale invasion, the company’s Ukrainian founder, Yuri Pederi, had already moved back to his home country. But the war inspired him to pivot the business. Now the drones, which can carry heavy loads of up to 300 kilograms, are being used by the Ukrainian military.
“We don’t know what the military are carrying,” says Dmytro Shymkiv, a partner at the company, who used to be deputy chief of staff for Petro Poroshenko, the Ukrainian president who preceded Zelenskyy. He might plead ignorance to what AeroDrone drones are transporting, but the company is collecting vast amounts of data—up to 3,000 parameters—on each flight. “We are very much aware of what's going on with every piece of equipment on board,” he says, adding that information about flying while being jammed, or in different weather conditions, can be repurposed in other industries or even other conflicts.
Aerodrone offers a glimpse of the future companies Bornyakov is describing. Armed with that data, the company sees a wide range of options for its future once the war is over, both military and civilian. If you can fly in a war zone, Shymkiv says, you can fly anywhere.
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