Category Archives: Machine Learning
Cloud Storage Market to Reach USD 297.54 Billion by 2027; Higher Adoption of Machine Learning to Boost Growth, Says Fortune Business Insights -…
Key Companies Covered in Cloud Storage Market Research Report Are Amazon Web Services, Inc., Dell Technologies Inc., Dropbox, Fujitsu Ltd, Inc., Google, Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Microsoft Corporation, Oracle, pCloud AG, Rackspace, Inc., VMware, Inc.
PUNE, India, May 18, 2020 /PRNewswire/ -- The global cloud storage market is set to gain traction from the rising adoption of autonomous systems and machine learning. Besides, the introduction to unique video systems, internet of things (IoT), and remote sensing technologies are driving the market growth. This information is provided by Fortune Business Insights in a recent study, titled, "Cloud Storage Market Size, Share & Industry Analysis, By Component (Storage Model, and Services), By Deployment (Private, Public, and Hybrid), By Enterprise Size (SMEs, and Large Enterprises), By Vertical (BFSI, IT and Telecommunication, Government and Public Sector, Manufacturing, Healthcare and Life Sciences, Retail and Consumer Goods, Media and Entertainment, and Others), and Regional Forecast, 2020-2027." The study further mentions that the cloud storage market size was USD 49.13 billion in 2019 and is projected to reach USD 297.54 billion by 2027, exhibiting a CAGR of 25.3% during the forecast period.
Highlights of the Report
Get Sample PDF Brochure:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cloud-storage-market-102773
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.Please visit:https://www.fortunebusinessinsights.com/cloud-storage-market-102773
Drivers & Restraints-
Covid-19 Pandemic to Boost Growth Backed by Rising Usage of Cloud Storage Solutions
Cloud storage solutions are gaining more popularity at present as workforces are inclining towards a distributed work environment. These solutions aid workforces in collaborating and staying connected. The outbreak of Covid-19 pandemic is enabling several organizations to support remote working, as well as manage the vast amount of data smoothly. Microsoft, for instance, has surged the benefits of Windows and extended Azure cloud credits for non-profit and critical care organizations, such as food & nutrition, public safety, and health support. In addition to that, the utilization of analytics-driven platforms is helping companies in the generating a large amount of data. They are therefore, preferring hybrid cloud storage solutions more than the conventional ones. However, the occurrence of data breaches may hamper the cloud storage market growth in the coming years.
Segment-
BFSI Segment to Grow Steadily Fueled by Need for Improving Consumer Experience
Based on vertical, the banking, financial services and insurance (BFSI) segment generated 22.4% cloud storage market share in 2019. The industry deals with large volumes of customer data on regular bases. It delivers efficient services to the customers. To serve them better, they require cloud storage technology as it poses as a transformative digital solution. This solution provides a high level of scalability, agility, and data security to the industry. Cloud storage systems not only improve consumer experience and revenues, but also enhance the operational efficiency. These factors are set to drive the growth of the BFSI segment in the near future.
Speak to Analyst:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cloud-storage-market-102773
Regional Analysis-
North America to Remain Dominant Owing to Rising Adoption of Various Digital Services
Regionally, the market is divided into Latin America, Europe, Asia Pacific, the Middle East and Africa, and North America. Amongst these, North America procured USD 19.85 billion revenue in 2019 and is set to dominate the market. This growth is attributable to the rising adoption of several digital services, such as electronic signatures and e-commerce in the U.S. Also, the increasing rate of cybercrime would contribute to the growth. However, the outbreak of Covid-19 pandemic is expected to obstruct growth by affecting the technological investments of industry giants. Asia Pacific, on the other hand, is projected to exhibit an astonishing growth during the forecast period backed by the increasing usage of smartphones.
Competitive Landscape-
Key Companies Focus on Expanding Product Offerings to Surge Revenue
Microsoft, IBM, and Amazon are some of the top companies operating in the global market. They are striving to widen their product offerings by keeping up with the latest trends. They will also be able to surge their revenue this way. Below are two of the latest industry developments:
Fortune Business Insights presents a list of all the companies operating in the global Cloud Storage Market. They are as follows:
Quick Buy Cloud Storage Market Research Report:https://www.fortunebusinessinsights.com/checkout-page/102773
Detailed Table of Content
TOC Continued...!!!
Get your Customized Research Report:https://www.fortunebusinessinsights.com/enquiry/customization/cloud-storage-market-102773
Have a Look at Related Research Insights:
Cloud Analytics MarketSize, Share & Industry Analysis, By Deployment Type (Public Cloud, Private Cloud, and Hybrid Cloud), By Organization Size (Small And Medium-Sized Enterprises (SMEs) and Large Enterprises), By End-User (BFSI, IT and Telecommunications, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Education, and Others) and Regional Forecast, 2019-2026
Cloud Computing MarketSize, Share & Industry Analysis, By Type (Public Cloud, Private Cloud, Hybrid Cloud), By Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), By Industry (Banking, Financial Services, and Insurance (BFSI), IT and Telecommunications, Government, Consumer Goods and Retail, Healthcare, Manufacturing, Others (Energy and Utilities, Education), and Regional Forecast, 2020-2027
Cloud Gaming MarketSize, Share & Industry Analysis, By Device (Smartphone, Laptop/Tablets, Personal Computer (PC), Smart TV and Consoles), By Streaming Type (File Streaming and Video Streaming), By End-Users (Business to Business (B2B) and Business to Consumers (B2C)), and Regional Forecast, 2020-2027
Cloud security MarketSize, Share & Industry Analysis, By Component (Solutions, Services), By Security Type (Application Security, Database Security, Endpoint Security, Network Security, Web and Email Security), By Deployment (Private, Public, Hybrid), By End-User (Large scale enterprise , Small & medium enterprise), By Industry Verticals (Healthcare, BFSI, IT & Telecom, Government Agencies)Others and Regional Forecast, 2019-2026
Retail Cloud MarketSize, Share & Industry Analysis, By Model Type (Infrastructure as a Service, Platform as a Service and Software as a Service), By Deployment (Public, Private and Hybrid Cloud), By Solution (Supply Chain Management, Workforce Management, Customer Management, Reporting & Analytics, Data Security, Omni-Channel), By Enterprise Size (Small & Medium and Large Enterprise) and Regional Forecast, 2019-2026
Location Analytics MarketSize, Share & Industry Analysis, By Component (Solution, Services), By Location Type (Indoor, Outdoor), By Deployment Type (Cloud, On-Premises), By End-User (Retail, Government, Energy and Utilities, Healthcare, Travel and Transportation, Telecommunications, and Others) and Regional Forecast, 2019-2026
Security Analytics MarketSize, Share & Industry Analysis, By Component (Solutions, and Services), By Application (Network Security Analytics, Web Security Analytics, Endpoint Security Analytics, and Application Security Analytics), By Vertical (BFSI, Government and Defense, IT and Telecommunication, Manufacturing, Healthcare, Energy and Utilities, and Others), and Regional Forecast, 2020-2027
Retail Analytics MarketSize, Share and Industry Analysis By Type (Software, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By Function (Customer Management, Supply Chain, Merchandising, In-Store Operations, and Strategy & Planning) and Regional Forecast 2019-2026
About Us:
Fortune Business Insightsoffers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:Fortune Business Insights Pvt. Ltd.308, Supreme Headquarters,Survey No. 36, Baner,Pune-Bangalore Highway,Pune- 411045, Maharashtra,India.Phone:US: +1-424-253-0390UK: +44-2071-939123APAC: +91-744-740-1245Email:[emailprotected]Fortune Business InsightsLinkedIn|Twitter|Blogs
Read Press Release:https://www.fortunebusinessinsights.com/press-release/cloud-storage-market-9909
Logo - https://mma.prnewswire.com/media/881202/Fortune_Business_Insights_Logo.jpg Photo - https://mma.prnewswire.com/media/1169294/Cloud_Storage_Market.jpg
SOURCE Fortune Business Insights
See original here:
Cloud Storage Market to Reach USD 297.54 Billion by 2027; Higher Adoption of Machine Learning to Boost Growth, Says Fortune Business Insights -...
Q&A on the Book Hands-On Genetic Algorithms with Python – InfoQ.com
Key Takeaways
Hands-On Genetic Algorithms with Python by Eyal Wirsansky is a new book which explores the world of genetic algorithms to solve search, optimization, and AI-related tasks, and improve machine learning models. InfoQ interviewed Eyal Wirsansky about how genetic algorithms work and what they can be used for.
In addition to our interview, InfoQ was able to obtain a sample chapter which can be downloaded here.
InfoQ: How do genetic algorithms work?
Eyal Wirsansky: Genetic algorithms are a family of search algorithms inspired by the principles of evolution in nature. They imitate the process of natural selection and reproduction, by starting with a set of random solutions, evaluating each one of them, then selecting the better ones to create the next generation of solutions. As generations go by, the solutions we have get better at solving the problem. This way, genetic algorithms can produce high-quality solutions for various problems involving search, optimization, and learning. At the same time, their analogy to natural evolution allows genetic algorithms to overcome some of the hurdles encountered by traditional search and optimization algorithms, especially for problems with a large number of parameters and complex mathematical representations.
InfoQ: What type of problems do genetic algorithms solve?
Wirsansky: Genetic algorithms can be used for solving almost any type of problem, but they particularly shine where traditional algorithms cannot be used, or fail to produce usable results within a practical amount of time. For example, problems with very complex or non-existing mathematical representation, problems where the number of variables involved is large, and problems with noisy or inconsistent input data. In addition, genetic algorithms are better equipped to handle deceptive problems, where traditional algorithms may get trapped in a suboptimal solution.
Genetic algorithms can even deal with cases where there is no way to evaluate an individual solution by itself, as long as there is a way to compare two solutions and determine which of them is better. An example can be a machine learning-based agent that drives a car in a simulated race. A genetic algorithm can optimize and tune the agent by having different versions of it compete against each other to determine which version is better.
InfoQ: What are the best use cases for genetic algorithms?
Wirsansky: The most common use case is where we need to assemble a solution using a combination of many different available parts; we want to select the best combination, but the number of possible combinations is too large to try them all. Genetic algorithms can usually find a good combination within a reasonable amount of time. Examples can be scheduling personnel, planning of delivery routes, designing bridge structures, and also constructing the best machine learning model from many available building blocks, or finding the best architecture for a deep learning model.
Another interesting use case is where the evaluation is based on peoples opinion or response. For example, you can use the genetic algorithm approach to determine the design parameters for a web sitesuch as color palette, font size, and location of components on the pagethat will achieve the best response from customers, such as conversion or retention. This idea can also be used for genetic art artificially created paintings or music that prove pleasant to the human eye (or ear).
Genetic algorithms can also be used for ongoing optimizationcases where the best solution may change over time. The algorithm can run continuously within the changing environment and respond dynamically to these changes by updating the best solution based on the current generation.
InfoQ: How can genetic algorithms select the best subset of features for supervised learning?
Wirsansky: In many cases, reducing the number of featuresused as inputs for a model in supervised learningcan increase the models accuracy, as some of the features may be irrelevant or redundant. This will also result in a simpler, better generalizing model. But we need to figure out which are the features that we want to keep. As this comes down to finding the best combination of features out of a potentially immense number of possible combinations, genetic algorithms provide a very practical approach. Each potential solution is represented by a list of booleans, one for each feature.
The value of the boolean (0 or 1) represents the absence or presence of the corresponding feature. These lists of boolean values are used as genetic material, that can be exchanged between solutions when we mate them, or even mutated by flipping values randomly. Using these mating and mutation operations, we create new generations out of preceding ones, while giving an advantage to solutions that yielded better performing models. After a while, we can have some good solutions, each representing a subset of the features. This is demonstrated in Chapter 7 of the book (our sample chapter) with the UCI Zoo dataset using python code, where the best performance was achieved by selecting six particular features out of the original sixteen.
InfoQ: What are the benefits that we can get from using genetic algorithms with machine learning for hyperparameter tuning?
Wirsansky: Every machine learning model utilizes a set of hyperparametersvalues that are set before the training takes place and affect the way the learning is done. The combined effect of hyperparameters on the performance of the model can be significant. Unfortunately, finding the best combination of the hyperparameter valuesalso known as hyperparameter tuningcan be as difficult as finding a needle in a haystack.
Two common approaches are grid search and random search, each with its own disadvantages. Genetic algorithms can be used in two ways to improve upon these methods. One way is by optimizing the grid search, so instead of trying out every combination on the grid, we can search only a subset of combinations but still get a good combination. The other way is to conduct a full search over the hyperparameter space, as genetic algorithms are capable of handling a large number of parameters as well as different parameter types continuous, discrete and categorical. These two approaches are demonstrated in Chapter 8 of the book with the UCI Wine dataset using python code.
InfoQ: How can genetic algorithms be used in Reinforcement Learning?
Wirsansky: Reinforcement Learning (RL) is a very exciting and promising branch of machine learning, with the potential to handle complex, everyday-life-like tasks. Unlike supervised learning, RL does not present an immediate 'right/wrong' feedback, but instead provides an environment where a longer-term, cumulative reward is sought after. This kind of setting can be viewed as an optimization problem, another area where genetic algorithms excel.
As a result, genetic algorithms can be utilized for reinforcement learning in several different ways. One example can be determining the weights and biases of a neural network that interacts with its environment by mapping input values to output values. Chapter 10 of the book includes two examples of applying genetic algorithms to RL tasks, using the OpenAI Gym environments mountain-car and cart-pole.
InfoQ: What is bio-inspired computing?
Wirsansky: Genetic algorithms are just one branch within a larger family of algorithms called Evolutionary Computation, all inspired by Darwinian evolution. One particularly interesting member of this family is Genetic Programming, that evolves computer programs aiming to solve a specific problem. More broadly, as evolutionary computation techniques are based on various biological systems or behaviors, they can be considered part of the algorithm family known as Bio-inspired Computing.
Among the many fascinating members of this family are Ant Colony Optimizationimitating the way certain species of ants locate food and mark the paths to it, giving advantage to closer and richer locations of food; Artificial Immune Systems, capable of identifying and learning new threats, as well as applying the acquired knowledge and respond faster the next time a similar threat is detected; and Particle Swarm Optimization, based on the behavior of flocks of birds or schools of fish, where individuals within the group work together towards a common goal without central supervision.
Another related, broad field of computation is Artificial Life, involving systems and processes imitating natural life in different ways, such as computer simulations and robotic systems. Chapter 12 of the book includes two relevant Python-written examples, one solving a problem using genetic programming, and the otherusing particle swarm optimization.
Eyal Wirsansky is a senior software engineer, a technology community leader, and an artificial intelligence researcher and consultant. Eyal started his software engineering career as a pioneer in the field of voice over IP, and he now has over 20 years' experience of creating a variety of high-performing enterprise solutions. While in graduate school, he focused his research on genetic algorithms and neural networks. One outcome of his research is a novel supervised machine learning algorithm that combines the two. Eyal leads the Jacksonville (FL) Java user group, hosts the Artificial Intelligence for Enterprise virtual user group, and writes the developer-oriented artificial intelligence blog, ai4java.
Excerpt from:
Q&A on the Book Hands-On Genetic Algorithms with Python - InfoQ.com
Bitglass Integrates CrowdStrike’s Machine-Learning Technology to Provide Zero-Day Advanced Threat Protection in the Cloud – Business Wire
CAMPBELL, Calif.--(BUSINESS WIRE)--Bitglass, the Next-Gen Cloud Security Company, announced today that it has partnered with CrowdStrike, a leader in cloud-delivered endpoint protection, to provide an agentless advanced threat protection (ATP) solution that identifies and remediates both known and zero-day threats on any cloud application or service, as well as any device that accesses corporate IT resources (including personal devices).
Cloud applications and bring your own device (BYOD) policies offer organizations enhanced flexibility and efficiency, but they can also serve as proliferation points for malware if not properly secured. This Original Equipment Manufacturer (OEM) offering from CrowdStrike uses machine learning (ML) and deep file inspection to identify malware and other threats. Together with Bitglass Next-Gen Cloud Access Security Broker (CASB), threats are automatically remediated based on preset policies.
Bitglass CASB leverages agentless inline proxies to monitor and mediate traffic between cloud applications and devices in order to enforce granular security policies on data in transit. By incorporating CrowdStrikes detection capabilities directly into Bitglass agentless proxy, the integration can identify and block malware in real time as infected files are uploaded to cloud applications or downloaded onto devices (even personal devices) --without the need for software installations. Additionally, integration with application programming interfaces (APIs) allows for the detection and quarantining of malware already at rest in the cloud.
Once malware makes its way into a cloud app, it can quickly spread into connected apps as well as into users devices, said Anurag Kahol, chief technology officer and co-founder of Bitglass. Consequently, organizations need a multi-faceted solution that can automatically block malware both at rest and in transit. If they wait for IT teams to review and respond to threat notifications, its often too late. Were proud to leverage CrowdStrikes industry-leading technology to deliver a robust cloud ATP solution that stops threats and empowers enterprises to embrace the cloud applications and BYOD policies that spur innovation and productivity.
As a cloud-delivered endpoint protection leader at the forefront of securing organizations from sophisticated tactics, CrowdStrike understands that a successful security strategy lies in the ability to quickly detect, respond and remediate threat activity, said Dr. Sven Krasser, CrowdStrikes chief scientist. By incorporating our machine learning file-scan engine, which is trained leveraging the 3 trillion endpoint-related events processed weekly by the Falcon Platform, with Bitglass unique, agentless architecture, customers gain comprehensive, real-time protection and control over corporate data across all endpoints with reduced risk of exposure.
The solution is fully deployed in the cloud and is completely agentless--requiring no hardware appliances or software installations and ensuring rapid deployment. Additionally, Bitglass Polyscale Architecture scales and adapts to an enterprise's exact needs on the fly. There is no need for backhauling or bottleneck architectures.
For more information, download the joint solution brief here:https://pages.bitglass.com/CD-FY20Q2-CrowdstrikeBitglassSolutionsBrief_LP.html?&utm_source=pr
About Bitglass
Bitglass, the Next-Gen Cloud Security company, is based in Silicon Valley with offices worldwide. The company's cloud security solutions deliver zero-day, agentless, data and threat protection for any app, any device, anywhere. Bitglass is backed by Tier 1 investors and was founded in 2013 by a team of industry veterans with a proven track record of innovation and execution.
Go here to read the rest:
Bitglass Integrates CrowdStrike's Machine-Learning Technology to Provide Zero-Day Advanced Threat Protection in the Cloud - Business Wire
Parasoft Unleashes Artificial Intelligence and Machine Learning to Accelerate Time to Market for the Safety-Critical Industry – PRNewswire
With this release, Parasoft introduced artificial intelligence (AI) and machine learning (ML) in its reporting and analytics dashboard, extending its capabilities tolearn from both historical interactions with the code base and prior static analysis findings to predict relevance and prioritize the new findings. As a result, teams can increase productivity by eliminating tedious and time-consuming tasks. Adding even more efficiency to the modern development workflow is the new Visual Studio Code extension for static analysisand the Coverage Advisor, which uses advanced static code analysis to boost unit test creation.
Parasoft Remains at the Forefront of Leading-Edge Technology With the Release of C/C++test 2020.1
The latest release introduces capabilities to improve all aspects of delivery in software quality including the following integrations:
"The growing complexity of software systems forces organizations to modernize their toolchains and workflows. They're switching to Git feature branch workflowsapplying Docker containers and CMake. We see heavy IDEs being replaced with lightweight editors like Visual Studio Code, which are a better fit for projects containing millions of lines of code. Modern workflows, however, need to support requirements traceability to facilitate risk assessment and functional safety certifications," said Miroslaw Zielinski, Product Manager for Parasoft. "Our latest release of Parasoft C/C++test with Visual Studio Code extension, Requirements View, streamlined Docker deployments and traceability enhancements fits perfectly into this trend."
Parasoft continues to provide leading support for automated enforcement of industry coding guidelines with expanded coverage for updated security standards (2019 CWE Top 25 and On the Cusp), AUTOSAR C++14, and the new MISRA C 2012 Amendment 2. Keeping pace with guideline requirements ensures that Parasoft's tools continue to meet the changing needs of the industry.
About Parasoft
Parasoft continuously delivers quality software with its market-proven, integrated suite of automated software testing tools. Parasoft supports software organizations as they develop and deploy applications for the embedded, enterprise, and IoT markets. Parasoft's technologies reduce the time, effort, and cost of delivering secure, reliable, and compliant software by integrating static and runtime analysis; unit, functional, and API testing; and service virtualization. With our developer testing tools, manager reporting/analytics, and executive dashboarding, Parasoft enables organizations to succeed in today's most strategic ecosystems and development initiativesreal-time, safety-critical, cybersecure, agile, continuous testing, and DevOps.
SOURCE Parasoft
Read more here:
Parasoft Unleashes Artificial Intelligence and Machine Learning to Accelerate Time to Market for the Safety-Critical Industry - PRNewswire
How to overcome AI and machine learning adoption barriers – Gigabit Magazine – Technology News, Magazine and Website
Matt Newton, Senior Portfolio Marketing Manager at AVEVA, on how to overcome adoption barriers for AI and machine learning in the manufacturing industry
There has been a considerable amount of hype around Artificial Intelligence (AI) and Machine Learning (ML) technologies in the last five or so years.
So much so that AI has become somewhat of a buzzword full of ideas and promise, but something that is quite tricky to execute in practice.
At present, this means that the challenge we run into with AI and ML is a healthy dose of scepticism.
For example, weve seen several large companies adopt these capabilities, often announcing they intend to revolutionize operations and output with such technologies but then failing to deliver.
In turn, the ongoing evolution and adoption of these technologies is consequently knocked back. With so many potential applications for AI and ML it can be daunting to identify opportunities for technology adoption that can demonstrate real and quantifiable return on investment.
Many industries have effectively reached a sticking point in their adoption of AI and ML technologies.
Typically, this has been driven by unproven start-up companies delivering some type of open source technology and placing a flashy exterior around it, and then relying on a customer to act as a development partner for it.
However, this is the primary problem customers are not looking for prototype and unproven software to run their industrial operations.
Instead of offering a revolutionary digital experience, many companies are continuing to fuel their initial scepticism of AI and ML by providing poorly planned pilot projects that often land the company in a stalled position of pilot purgatory, continuous feature creep and a regular rollout of new beta versions of software.
This practice of the never ending pilot project is driving a reluctance for customers to then engage further with innovative companies who are truly driving digital transformation in their sector with proven AI and ML technology.
A way to overcome these challenges is to demonstrate proof points to the customer. This means showing how AI and ML technologies are real and are exactly like wed imagine them to be.
Naturally, some companies have better adopted AI and ML than others, but since much of this technology is so new, many are still struggling to identify when and where to apply it.
For example, many are keen to use AI to track customer interests and needs.
In fact, even greater value can be discovered when applying AI in the form of predictive asset analytics on pieces of industrial process control and manufacturing equipment.
AI and ML can provide detailed, real-time insights on machinery operations, exposing new insights that humans cannot necessarily spot. Insights that can drive huge impact on businesses bottom line.
AI and ML is becoming incredibly popular in manufacturing industries, with advanced operations analysis often being driven by AI. Many are taking these technologies and applying it to their operating experiences to see where economic savings can be made.
All organisations want to save money where they can and with AI making this possible.
These same organisations are usually keen to invest in further digital technologies. Successfully implementing an AI or ML technology can significantly reduce OPEX and further fuel the digital transformation of an overall enterprise.
Understandably, we are seeing the value of AI and ML best demonstrated in the manufacturing sector in both process and batch automation.
For example, using AI to figure out how to optimize the process to achieve higher production yields and improve production quality. In the food and beverage sectors, AI is being used to monitor production line oven temperatures, flagging anomalies - including moisture, stack height and color - in a continually optimised process to reach the coveted golden batch.
The other side of this is to use predictive maintenance to monitor the behaviour of equipment and improve operational safety and asset reliability.
A combination of both AI and ML is fused together to create predictive and prescriptive maintenance. Where AI is used to spot anomalies in the behavior of assets and recommended solution is prescribed to remediate potential equipment failure.
Predictive and Prescriptive maintenance assist with reducing pressure on O&M costs, improving safety, and reducing unplanned shutdowns.
Both AI, machine learning and predictive maintenance technologies are enabling new connections to be made within the production line, offering new insights and suggestions for future operations.
Now is the time for organisations to realise that this adoption and innovation is offering new clarity on the relationship between different elements of the production cycle - paving the way for new methods to create better products at both faster speeds and lower costs.
Canaan’s Kendryte K210 and the Future of Machine Learning – CapitalWatch
Author: CapitalWatch Staff
Canaan Inc. (Nasdaq: CAN) became publicly traded in New York in late November. It raised $90 million in its IPO, which Canaan's founder, chairman, and chief executive officer,Nangeng Zhang modestly called "a good start." Since that time, the company has met significant milestones in its mission to disrupt the supercomputing industry.
Operating since 2013, Hangzhou-based Canaan delivers supercomputing solutions tailored to client needs. The company focuses on the research and development of artificial intelligence (AI) technology specifically, AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration, and chip integration. Canaan is also known as a top manufacturer of mining hardware in China the global leader in digital currency mining.
Since IPO, Canaan has made strides in accomplishing new projects, despite the hard-hit cross-industry crisis Covid-19 has caused worldwide. In a recent announcement, Canaan said it has developed a SaaS product which its partners can use to operate a cloud mining platform. Cloud mining allows users to mine digital currency without having to buy and maintain mining hardware and spend on electricity a trend that has been gaining popularity.
A Chip of the Future
Earlier this year, Canaan participatedat the 2020 International Consumer Electronics Show in Las Vegas, the world's largest tech show that attracts innovators from across the globe. Canaan impressed, showcasing its Kendryte K210 the world's first-ever RISC-V-based edge AI chip. The chip was released in September 2018 and has been in mass-production ever since.
K210 is Canaan's first chip. The AI chip is designed to carry out machine learning. The primary functions of the K210 are machine vision and semantic, which includes the KPU for computing convolutional neural networks and an APU for processing microphone array inputs. KPU is a general-purpose neural network processor with built-in convolution, batch normalization, activation, and pooling operations. The next-generation chip can detect faces and objects in real-time. Despite the high computing power, K210 consumes only 0.3W while other typical devices consume 1W.
More Than Just Chipping Away at Sales
As of September 30, 2019, Canaan has shipped more than 53,000 AI chips and development kits to AI product developers since release.
Currently, the sales of K210 are growing exponentially, according to CEO Zhang .
The company has moved quickly to the commercialization of chips, and developed modules, products and back-end SaaS, offering customers a "full flow of AI solutions."
Based on the first generation of K210, Canaan has formed critical strategic partnerships.
For example, the company launched joint projects with a leading AI algorithm provider, a top agricultural science and technology enterprise, and a well-known global soft drink manufacturer to deliversmart solutionsfor variousindustrialmarkets.
The Booming Blockchain Industry
Currently, Canaan is working under the development strategy of "Blockchain + AI." The company has made several breakthroughs in the blockchain and AI industry, including algorithm development and optimization, standard unit design, low-voltage and high-efficiency operation, high-performance design system and heat dissipation, etc. The company has also accumulated extensive experience in ASIC chip manufacturing, laying the foundation for its future growth.
Canaan released first-generation products based on Samsung's 8nm and SMIC's 14nm technologies in Q4 last year. The former has been shipped in Q1 this year, while the latter will be shipped in Q2. In February, it launched the second generation of the product which is more efficient, more cost-effective and offers better performance.
Currently, TSMC's 5nm technology is under development. This technology will further improve the company's machines' computing power and ensure Canaan's leading position in the blockchain hardware space.
"We are the leader in the industry," says Zhang.
Canaan's Covid-19 Strategy
During the Covid-19 outbreak, Canaan improved the existing face recognition access control system. The new software can detect and identify people wearing masks. At the same time, the intelligent attendance system has been integrated to assist human resource management
Integrating mining machine learning and AI, the K210 chip has been used on Avalon mining machine, which can identify and monitor potential network viruses through intelligent algorithms. The company will explore more innovative integration in the future.
Second-Generation Gem
In terms of AI, the company will launch the second-generation AI chip K510 this year. The design of its architecture has been "greatly" optimized, and the computing power is several times more robust than the K210. Later this year, Canaan will use this tech in areas including smart energy consumption, smart industrial parks, smart driving, smart retail, and smart finance.
Canaan's Cash
In terms of operating costs and R&D, the company's last-year operating cost dropped 13.3% year-on-year. In 2018 and 2019, Canaan recorded R&D expenses of 189.7 million yuan and 169 million yuan, respectively347 million yuan were used to incentivize core R&D personnel.
In addition, the company currently has more than 500 million yuan in cash ($70.5 million), will continue to operate under the "blockchain + AI" strategy, with a continued focus on the commercialization of its AI technology.
A Fruitful Future
Canaan began as a manufacturer of Bitcoin mining machines, but it has become more than that. In the short term, the Bitcoin halving cycle is approaching (Estimated to occur on May 11, 2020 CW); this should promote the sales of company's mining machine, In the long term, now a global leader in ASIC technology, Canaan could be in a unique position to meet supercomputing demand.
"Blockchain is a good start, but we'll go beyond that," says Zhang. "When a seed grows up to be a big tree, it will bear fruit."
So far, it has done just that. Just how high that "tree" can get remains to be seen, but one thing is certain: The Kendryte K210 chip will be the driving force fueling the company's growth.
Read more:
Canaan's Kendryte K210 and the Future of Machine Learning - CapitalWatch
Machine Learning Software Market Growth by Top Companies, Trends by Types and Application, Forecast to 2026 – Cole of Duty
Floyd Labs
Moreover, the Machine Learning Software report offers a detailed analysis of the competitive landscape in terms of regions and the major service providers are also highlighted along with attributes of the market overview, business strategies, financials, developments pertaining as well as the product portfolio of the Machine Learning Software market. Likewise, this report comprises significant data about market segmentation on the basis of type, application, and regional landscape. The Machine Learning Software market report also provides a brief analysis of the market opportunities and challenges faced by the leading service provides. This report is specially designed to know accurate market insights and market status.
By Regions:
* North America (The US, Canada, and Mexico)
* Europe (Germany, France, the UK, and Rest of the World)
* Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
* Latin America (Brazil and Rest of Latin America.)
* Middle East & Africa (Saudi Arabia, the UAE, , South Africa, and Rest of Middle East & Africa)
To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketresearchintellect.com/ask-for-discount/?rid=173628&utm_source=NYH&utm_medium=888
Table of Content
1 Introduction of Machine Learning Software Market
1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions
2 Executive Summary
3 Research Methodology
3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources
4 Machine Learning Software Market Outlook
4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis
5 Machine Learning Software Market, By Deployment Model
5.1 Overview
6 Machine Learning Software Market, By Solution
6.1 Overview
7 Machine Learning Software Market, By Vertical
7.1 Overview
8 Machine Learning Software Market, By Geography
8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East
9 Machine Learning Software Market Competitive Landscape
9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments
11 Appendix
11.1 Related Research
Get Complete Report
@ https://www.marketresearchintellect.com/need-customization/?rid=173628&utm_source=NYH&utm_medium=888
About Us:
Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage and more. These reports deliver an in-depth study of the market with industry analysis, market value for regions and countries and trends that are pertinent to the industry.
Contact Us:
Mr. Steven Fernandes
Market Research Intellect
New Jersey ( USA )
Tel: +1-650-781-4080
Tags: Machine Learning Software Market Size, Machine Learning Software Market Trends, Machine Learning Software Market Growth, Machine Learning Software Market Forecast, Machine Learning Software Market Analysis Sarkari result, Government Jobs, Sarkari naukri, NMK, Majhi Naukri,
Our Trending Reports
Industrial Vision Systems Market Size, Growth Analysis, Opportunities, Business Outlook and Forecast to 2026
Water Quality Monitoring Market Size, Growth Analysis, Opportunities, Business Outlook and Forecast to 2026
Quantzig Launches New Article Series on COVID-19’s Impact – ‘Understanding Why Online Food Delivery Companies Are Betting Big on AI and Machine…
LONDON--(BUSINESS WIRE)--As a part of its new article series that analyzes COVID-19s impact across industries, Quantzig, a premier analytics services provider, today announced the completion of its recent article Why Online Food Delivery Companies are Betting Big on AI and Machine Learning
The article also offers comprehensive insights on:
Human activity has slowed down due to the pandemic, but its impact on business operations has not. We offer transformative analytics solutions that can help you explore new opportunities and ensure business stability to thrive in the post-crisis world. Request a FREE proposal to gauge COVID-19s impact on your business.
With machine learning, you dont need to babysit your project every step of the way. Since it means giving machines the ability to learn, it lets them make predictions and also improve the algorithms on their own, says a machine learning expert at Quantzig.
After several years of being confined to technology labs and the pages of sci-fi books, today artificial intelligence (AI) and big data have become the dominant focal point for businesses across industries. Barely a day passes by without new magazine and paper articles, blog entries, and tweets about such advancements in the field of AI and machine learning. Having said that, its not very surprising that AI and machine learning in the food and beverage industry have played a crucial role in the rapid developments that have taken place over the past few years.
Talk to us to learn how our advanced analytics capabilities combined with proprietary algorithms can support your business initiatives and help you thrive in todays competitive environment.
Benefits of AI and Machine Learning
Want comprehensive solution insights from an expert who decodes data? Youre just a click away! Request a FREE demo to discover how our seasoned analytics experts can help you.
As cognitive technologies transform the way people use online services to order food, it becomes imperative for online food delivery companies to comprehend customer needs, identify the dents, and bridge gaps by offering what has been missing in the online food delivery business. The combination of big data, AI, and machine learning is driving real innovation in the food and beverage industry. Such technologies have been proven to deliver fact-based results to online food delivery companies that possess the data and the required analytics expertise.
At Quantzig, we analyze the current business scenario using real-time dashboards to help global enterprises operate more efficiently. Our ability to help performance-driven organizations realize their strategic and operational goals within a short span using data-driven insights has helped us gain a leading edge in the analytics industry. To help businesses ensure business continuity amid the crisis, weve curated a portfolio of advanced COVID-19 impact analytics solutions that not just focus on improving profitability but help enhance stakeholder value, boost customer satisfaction, and help achieve financial objectives.
Request more information to know more about our analytics capabilities and solution offerings.
About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
Here is the original post:
Quantzig Launches New Article Series on COVID-19's Impact - 'Understanding Why Online Food Delivery Companies Are Betting Big on AI and Machine...
Eta Compute Partners with Edge Impulse to Accelerate the Development and Deployment of Machine Learning at the Edge – Yahoo Finance
The partnership will transform the development process from concept to production for embedded machine learning in micropower devices.
Eta Compute and Edge Impulse announce that they are partnering to accelerate the development and deployment of machine learning using Eta Computes revolutionary ECM3532, the worlds lowest power Neural Sensor Processor, and Edge Impulse, the leading online TinyML platform. The partnership will speed the time-to-market for machine learning in billions of IoT consumer and industrial products where battery capacity has been a roadblock.
"Collaborating with Edge Impulse ensures our growing ECM3532 developer community is fully equipped to bring innovative designs in digital health, smart city, consumer, and industrial applications to market quickly and efficiently," said Ted Tewksbury, CEO of Eta Compute. "We believe that our partnership will help companies debut their ground-breaking solutions later in 2020."
Eta Computes ECM3532 ultra-low power Neural Sensor Processor SoC that enables machine learning at the extreme edge, and its ECM3532 EVB evaluation board are now supported by Edge Impulses end-to-end ML development and MLOps platform. Developers can register for free to gain access to advanced Eta Compute machine learning algorithms and development workflows through the Edge Impulse portal.
"Machine learning at the very edge has the potential to enable the use of the 99% of sensor data that is lost today because of cost, bandwidth, or power constraints," said Zach Shelby, CEO and Co-founder of Edge Impulse. "Our online SaaS platform and Eta Computes innovative processor are the ideal combination for development teams seeking to accurately collect data, create meaningful data sets, spin models, and generate efficient ML at a rapidly accelerated pace."
"Trillions of devices are expected to come online by 2035 and many will require some level of machine learning at the edge," said Dennis Laudick, vice president of marketing, Machine Learning Group, Arm. "The combination of Eta Computes TinyML hardware based on Arm Cortex and CMSIS-NN technology, and the SaaS TinyML solutions from Edge Impulse provides developers a complete solution for bringing power efficient, edge, or endpoint ML products to market at the fast pace required for this next era of compute."
For more information or to begin developing, visit EtaCompute.com or EdgeImpulse.com
About Eta Compute
Eta Compute was founded in 2015 with the vision that the proliferation of intelligent devices at the network edge will make daily life safer, healthier, comfortable and more convenient without sacrificing privacy and security. The company delivers the worlds lowest power embedded platform using patented Continuous Voltage Frequency Scaling to deliver unparalleled machine intelligence to energy-constrained products and remove battery capacity as a barrier in consumer and industrial applications. In 2018, the company received the Design Innovation Of The Year and Best Use Of Advanced Technologies awards at Arm TechCon. For more information visit EtaCompute.com or contact the company via email at info@etacompute.com.
About Edge Impulse
Edge Impulse is on a mission to enable developers to create the next generation of intelligent devices using embedded machine learning in industrial, enterprise and human centric applications. Machine learning at the very edge will enable valuable use of the 99% of sensor data that is discarded today due to cost, bandwidth or power constraints. The founders believe that machine learning can enable positive change in society and are dedicated to support applications for good. Sign up for free at edgeimpulse.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200512005318/en/
Contacts
Media Contacts: Eta Compute:Phyllis Grabot, 805.341.7269 / phyllis@corridorcomms.com Bonnie Quintanilla, 818.681.5777 / bonnie@corridorcomms.com
Edge Impulse:Zach Shelby, 408.203.9434 / hello@edgeimpulse.com
See the article here:
Eta Compute Partners with Edge Impulse to Accelerate the Development and Deployment of Machine Learning at the Edge - Yahoo Finance
Five Strategies for Putting AI at the Center of Digital Transformation – Knowledge@Wharton
Across industries, companies are applying artificial intelligence to their businesses, with mixed results. What separates the AI projects that succeed from the ones that dont often has to do with the business strategies organizations follow when applying AI, writes Wharton professor of operations, information and decisions Kartik Hosanagar in this opinion piece. Hosanagar is faculty director of Wharton AI for Business, a new Analytics at Wharton initiative that will support students through research, curriculum, and experiential learning to investigate AI applications. He also designed and instructs Wharton Onlines Artificial Intelligence for Business course.
While many people perceive artificial intelligence to be the technology of the future, AI is already here. Many companies across a range of industries have been applying AI to improve their businesses from Spotify using machine learning for music recommendations to smart home devices like Google Home and Amazon Alexa. That said, there have also been some early failures, such as Microsofts social-learning chatbot, Tay, which turned anti-social after interacting with hostile Twitter followers, and IBM Watsons inability to deliver results in personalized health care. What separates the AI projects that succeed from the ones that dont often has to do with the business strategies organizations follow when applying AI. The following strategies can help business leaders not only effectively apply AI in their organizations, but succeed in adapting it to innovate, compete and excel.
1. View AI as a tool, not a goal.
One pitfall companies might encounter in the process of starting new AI initiatives is that the concentrated focus and excitement around AI might lead to AI being viewed as a goal in and of itself. But executives should be cautious about developing a strategy specifically for AI, and instead focus on the role AI can play in supporting the broader strategy of the company. A recent report from MIT Sloan Management Review and Boston Consulting Group calls this backward from strategy, not forward from AI.
As such, instead of exhaustively looking for all the areas AI could fit in, a better approach would be for companies to analyze existing goals and challenges with a close eye for the problems that AI is uniquely equipped to solve. For example, machine learning algorithms bring distinct strengths in terms of their predictive power given high-quality training data. Companies can start by looking for existing challenges that could benefit from these strengths, as those areas are likely to be ones where applying AI is not only possible, but could actually disproportionately benefit the business.
The application of machine learning algorithms for credit card fraud detection is one example of where AIs particular strengths make it a very valuable tool in assisting with a longstanding problem. In the past, fraudulent transactions were generally only identified after the fact. However, AI allows banks to detect and block fraud in real time. Because banks already had large volumes of data on past fraudulent transactions and their characteristics, the raw material from which to train machine learning algorithms is readily available. Moreover, predicting whether particular transactions are fraudulent and blocking them in real time is precisely the type of repetitive task that an algorithm can do at a speed and scale that humans cannot match.
2. Take a portfolio approach.
Over the long term, viewing AI as a tool and finding AI applications that are particularly well matched with business strategy will be most valuable. However, I wouldnt recommend that companies pool all their AI resources into a single, large, moonshot project when they are first getting started. Rather, I advocate taking a portfolio approach to AI projects that includes both quick wins and long-term projects. This approach will allow companies to gain experience with AI and build consensus internally, which can then support the success of larger, more strategic and transformative projects later down the line.
Specifically, quick wins are smaller projects that involve optimizing internal employee touch points. For example, companies might think about specific pain points that employees experience in their day-to-day work, and then brainstorm ways AI technologies could make some of these tasks faster or easier. Voice-based tools for scheduling or managing internal meetings or voice interfaces for search are some examples of applications for internal use. While these projects are unlikely to transform the business, they do serve the important purpose of exposing employees, some of whom may initially be skeptics, to the benefits of AI. These projects also provide companies with a low-risk opportunity to build skills in working with large volumes of data, which will be needed when tackling larger AI projects.
The second part of the portfolio approach, long-term projects, is what will be most impactful and where it is important to find areas that support the existing business strategy. Rather than looking for simple ways to optimize the employee experience, long-term projects should involve rethinking entire end-to-end processes and potentially even coming up with new visions for what otherwise standard customer experiences could look like. For example, a long-term project for a car insurance company could involve creating a fully automated claims process in which customers can photograph the damage of their car and use an app to settle their claims. Building systems like this that improve efficiency and create seamless new customer experiences requires technical skills and consensus on AI, which earlier quick wins will help to build.
The skills needed for embarking on AI projects are unlikely to exist in sufficient numbers in most companies, making reskilling particularly important.
3. Reskill and invest in your talent.
In addition to developing skills through quick wins, companies should take a structured approach to growing their talent base, with a focus on both reskilling internal employees in addition to hiring external experts. Focusing on growing the talent base is particularly important given that most engineers in a company would have been trained in computer science before the recent interest in machine learning. As such, the skills needed for embarking on AI projects are unlikely to exist in sufficient numbers in most companies, making reskilling particularly important.
In its early days of working with AI, Google launched an internal training program where employees were invited to spend six months working in a machine learning team with a mentor. At the end of this time, Google distributed these experts into product teams across the company in order to ensure that the entire organization could benefit from AI-related reskilling. There are many new online courses to reskill employees in AI economically.
The MIT Sloan Management Review-BCG report mentioned above also found that, in addition to developing talent in producing AI technologies, an equally important area is that of consuming AI technologies. Managers, in particular, need to have skills to consult AI tools and act on recommendations or insights from these tools. This is because AI systems are unlikely to automate entire processes from the get-go. Rather, AI is likely to be used in situations where humans remain in the loop. Managers will need basic statistical knowledge in order to understand the limitations and capabilities of modern machine learning and to decide when to lean on machine learning models.
4. Focus on the long term.
Given that AI is a new field, it is largely inevitable that companies will experience early failures. Early failures should not discourage companies from continuing to invest in AI. Rather, companies should be aware of, and resist, the tendency to retreat after an early failure.
Historically, many companies have stumbled in their early initiatives with new technologies, such as when working with the internet and with cloud and mobile computing. The companies that retreated, that stopped or scaled back their efforts after initial failures, tended to be in a worse position long term than those that persisted. I anticipate that a similar trend will occur with AI technologies. That is, many companies will fail in their early AI efforts, but AI itself is here to stay. The companies that persist and learn to use AI well will get ahead, while those that avoid AI after their early failures will end up lagging behind.
AI shouldnt be abandoned given that the alternative, human decision-makers, are biased too.
5. Address AI-specific risks and biases aggressively.
Companies should be aware of new risks that AI can pose and proactively manage these risks from the outset. Initiating AI projects without an awareness of these unique risks can lead to unintended negative impacts on society, as well as leave the organizations themselves susceptible to additional reputational, legal, and regulatory risks (as mentioned in my book, A Humans Guide to Machine Intelligence: How Algorithms Are Shaping Our Lives and How We Can Stay in Control).
There have been many recent cases where AI technologies have discriminated against historically disadvantaged groups. For example, mortgage algorithms have been shown to have a racial bias, and an algorithm created by Amazon to assist with hiring was shown to have a gender bias, though this was actually caught by Amazon itself prior to the algorithm being used. This type of bias in algorithms is thought to occur because, like humans, algorithms are products of both nature and nurture. While nature is the logic of the algorithm itself, nurture is the data that algorithms are trained on. These datasets are usually compilations of human behaviors oftentimes specific choices or judgments that human decision-makers have previously made on the topic in question, such as which employees to hire or which loan applications to approve. The datasets are therefore made up of biased decisions from humans themselves that the algorithms learn from and incorporate. As such, it is important to note that algorithms are generally not creating wholly new biases, but rather learning from the historical biases of humans and exacerbating them by applying them on a much larger, and therefore even more damaging, scale.
AI shouldnt be abandoned given that the alternative, human decision-makers, are biased too. Rather, companies should be aware of the kinds of social harms that can result from AI technologies and rigorously audit their algorithms to catch biases before they negatively impact society. Proceeding with AI initiatives without an awareness of these social risks can lead to reputational, legal, and regulatory risks for firms, and most importantly can have extremely damaging impacts on society.
Originally posted here:
Five Strategies for Putting AI at the Center of Digital Transformation - Knowledge@Wharton