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The Increased Use Of Machine Learning And Artificial Intelligence Is Expected To Fuel The Digital Transformation Market As Per The Business Research…

LONDON, Sept. 14, 2022 (GLOBE NEWSWIRE) -- According to The Business Research Companys research report on the digital transformation market, the increasing adoption of machine learning and artificial intelligence is expected to drive the growth of the digital transformation market going forward. Digital transformation provides traditional businesses with solutions like cloud computing, big data & analytics, data management, and other advanced features such as artificial intelligence and machine learning, which help in the optimization of business operations, leading to reduced efforts in operations and increased efficiency. Thus, their usage increased in various sectors such as healthcare, banking, transportation, manufacturing, and others, increasing the demand in the digital transformation market.

For instance, according to the report published by Cloudmantra, an India-based technology services company, the usage of machine learning in the Indian manufacturing industry has increased manufacturing capacity by up to 20% while reducing material usage by 4% in 2021. It also gives manufacturers the ability to control Overall Equipment Effectiveness (OEE) at the plant level, increasing OEE performance from 65% to 85%. Furthermore, according to the MIT Technology Review Insights report in 2022, approximately 60% of manufacturers are using artificial intelligence to improve daily operations, design products, and plan their future operations. Therefore, the rising adoption of machine learning and AI drives the digital transformation market.

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The global digital transformation market size is expected to grow from $0.94 trillion in 2021 to $1.17 trillion in 2022 at a compound annual growth rate (CAGR) of 24.7%. The global digital transformation market share is expected to grow to $2.64 trillion in 2026 at a CAGR of 22.4%.

Technological advancement in digital solutions is gaining popularity among the digital transformation market trends. Major companies operating in the digital transformation market are focused on developing technologically advanced products to strengthen their market position. For instance, in April 2020, Oracle Corporation, a US-based computer technology corporation and software solutions provider, built a new cloud data storage service called GoldenGate, an oracles cloud infrastructure software that uses real-time data analytics for the analysis of data. Real-time data analysis provides a very quick analysis of data by using different logical and mathematical operations, which helps in understanding business requirements and implementing any decision instantly. GoldenGate provides clients with a highly automated and fully managed cloud service such as database replication, analyzing real-time data, and real-time data ingestion to the cloud, which will make daily business operations easy and analyzable.

Major players in the digital transformation market are Microsoft Corporation, IBM Corporation, Oracle Corporation, Google Inc., Cognizant, Accenture PLC, Dell EMC, Siemens AG, Hewlett-Packard Company, Adobe Systems Inc., Capgemini, Cognex Corporation, Deloitte, Marlabs Inc., Equinix Inc., PricewaterhouseCoopers, Apple Inc., Broadcom, CA Technologies, KELLTON TECH, International Business Machines Corporation, Hakuna Matata Solutions, ScienceSoft Inc., SumatoSoft, Space-O Technologies, HCL Technologies, and Tibco Software Inc.

The global digital transformation market analysis is segmented by technology into cloud computing, big data and analytics, artificial intelligence (AI), internet of things (IoT), blockchain; by deployment mode into cloud, on-premises; by organization size into large enterprises, small and medium-sized enterprises (SMEs); by end-user into BFSI, healthcare, telecom and IT, automotive, education, retail and consumer goods, media and entertainment manufacturing, government, others.

North America was the largest region in the digital transformation market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global digital transformation market during the forecast period. The regions covered in the global digital transformation industry outlook are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Digital Transformation Global Market Report 2022 Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide digital transformation market overviews, analyze and forecast market size and growth for the whole market, digital transformation market segments and geographies, digital transformation market trends, digital transformation market drivers, digital transformation market restraints, digital transformation market leading competitors revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors approaches.

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Artificial Intelligence Global Market Report 2022 By Offering (Hardware, Software, Services), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Others (Image Processing, Speech Recognition)), By End-User Industry (Healthcare, Automotive, Agriculture, Retail, Marketing, Telecommunication, Defense, Aerospace, Media & Entertainment) Market Size, Trends, And Global Forecast 2022-2026

Cloud Orchestration Global Market Report 2022 By Service Type (Cloud Service Automation, Training, Consulting, And Integration, Support And Maintenance), By Deployment Mode (Private, Public, Hybrid), By Organization Size (Small And Medium Enterprises (SMEs), Large Enterprises), By End-User (Healthcare And Life Sciences, Transportation And Logistics, Government And Defense, IT And Telecom, Retail, Manufacturing, Other End-Users) Market Size, Trends, And Global Forecast 2022-2026

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The Increased Use Of Machine Learning And Artificial Intelligence Is Expected To Fuel The Digital Transformation Market As Per The Business Research...

World to Benefit from Rapid Implementation of Artificial Intelligence in Neurology Devices: Fact.MR Study – GlobeNewswire

South Korea, Seoul, Sept. 16, 2022 (GLOBE NEWSWIRE) -- As per a new report by Fact.MR, a market research and competitive intelligence provider, the global demand for neurology devices is anticipated to reach a valuation of US$ 13 billion by 2027.

The prevalence of several neurological conditions as well as cerebrovascular disorders such as stroke, migraine, and headache is increasing across the world, which is driving up demand for neurology devices. Growing preference for minimally-invasive procedures and ongoing innovations in neurology equipment are also increasing market value.

With the support of non-invasive, image-guided neurology technologies, neurovascular issues such as tumors, cavernous malformations, and stroke are addressed. The market for neurology devices is expanding as a result of many key variables, including an increase in head traumas, high rates of stress in young people, an increase in the geriatric population, and a large patient base.

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Rising patient awareness regarding the availability of treatment and reimbursement for neurovascular illnesses, particularly in emerging countries, are factors that will accelerate market expansion.

The use of artificial intelligence (AI) in neurology is anticipated to support market expansion. Computer-aided diagnosis (CAD) systems that employ AI and advancedsignal processing methods can assist physicians in analyzing and understanding physiological signals and images more accurately.

New Market Entrants Focused on Advancements in Neurological Medical Devices

A condition known as hydrocephalus causes an abnormal accumulation of intracranial fluid in the brain cavities. The implantation of a shunt to drain the surplus accumulation is one of the traditional treatments for chronic hydrocephalus. Data on intracranial pressure is continuously monitored and collected by newer systems, such asInternet of Things (IoT) sensors.

New companies offer neuromodulation solutions to help patients manage their discomfort from neurological illnesses. Aspiring market players are working on developments in neurological medical devices.

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Key Takeaways from Market Study

Key Segments in Neurology Devices Industry Research

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Winning Strategy

Top companies are engaged in the introduction of magnetic stimulation technology as a result of innovationsin neurostimulation and neuromodulation techniques. Key market players are collaborating with research organizations to increase their presence and contribute to the creation of modern as well as safe processes.

For instance,

Competitive Landscape

Key producers of neurology devices are focusing on innovation by manufacturing and releasing new products as part of their strategy to maintain their position in the neurology devices market on a worldwide scale. To diversify their product offerings, top neurology medical device companies are concentrating on getting new devices approved.

For instance :

Key Companies Profiled

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global neurology devices market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2027.

The study divulges essential insights on the market on the basis of product (cerebrospinal fluid management devices, interventional neurology devices, neurosurgery devices, neurostimulation devices) and end user (hospitals, ambulatory surgery centers, neurology clinics), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

Check out more related studies published by Fact.MR Research:

Neurointerventional Devices Market:The neurointerventional devices market was worthUS$ 2.3 Bnin 2020, and is predicted to expand2.1Xby the end of the decade.North America dominates the global market, global demand for neurointerventional treatment devices is predicted to increase at a robust CAGR of8%through 2031. The proliferationof technology in surgical procedures has completely changed the way diseases are dealt with and treated. The prevalence of brain tumors, aneurysms, and strokes majorly influence the neurointerventional treatment market.

Neurology Diagnostics Devices Market:At the end of 2021, the global neurology diagnostics devices market was valued atUS$ 8.24 billionand is anticipated to reachUS$ 21.1 billionby 2032, expanding at a highCAGR of 8.9%over the 2022-2032 time frame. As per a detailed industry analysis by Fact.MR, market research and competitive intelligence provider, CT Scanners dominated the global market in 2021 accounting for37.3%market share.

Nerve Ablation Devices Market:The global market for nerve ablation devices market is estimated to be a growing market, as the industry players are coming up with a new innovative versions of nerve ablation devices, to reduce the pain while inserting the microelectrodes and also looking for increase the treatment area which can be more accurate for targeted nerve for pain.The nerve ablation devices market is expected to witness significant growth over the forecast period due to the increasing number of patients suffering from pain.

ENT Medical Devices Market:The global ENT medical devices market is gaining traction and is likely to ascend at around 5.5% CAGR during the forecast period of 2021 to 2031. While the advanced healthcare sector and growing awareness about health have resulted in an increasing geriatric population, it has surged the demand for ENT medical devices, owing to the rise in ENT-related issues in elderly people.

Wireless Portable Medical Devices Market:Fact.MRs wireless portable medical devices industry analysis reveals that the global market was valued atUS$ 15 Bnin 2020, and is projected to topUS$ 33 Bnby 2031, expanding at a CAGR of11%.Demand for monitoring devices is projected to expand at a CAGR of11%reaching a valuation of aroundUS$ 16 Bn, with that for medical therapeutic devices also surging at11%.

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World to Benefit from Rapid Implementation of Artificial Intelligence in Neurology Devices: Fact.MR Study - GlobeNewswire

GOP governors bused migrants to liberal cities. Texas sent them to the vice president’s home – Los Angeles Times

WASHINGTON

Politicians have been using migrants as props for decades. Republicans visit the Southwest border and declare that immigration is out of control. During the Trump administration, Democrats made their way to detention centers to decry the treatment of children locked in cages.

Republican Gov. Greg Abbott of Texas took the tactic to a new level Thursday, busing about 100 people including many who said they were fleeing violence or poverty to Vice President Kamala Harris doorstep. Florida Republican Gov. Ron DeSantis sent a separate group of migrants to Marthas Vineyard, a playground for wealthy liberals, on Wednesday evening.

The two buses Abbott sent to Washington arrived outside the Naval Observatory just after sunrise. Reporters were on the scene before the humanitarian group that has been leading resettling efforts here since April, when Abbott and Arizonas Republican governor, Doug Ducey, started sending thousands of migrants to Washington and other liberal cities.

Amy Fischer, an organizer with the Migrant Solidarity Mutual Aid Network, said she and other volunteers found out about the newest arrivals on Twitter. Her group is most often mobilized to help buses that arrive early in the morning or late at night at Union Station, the train and bus hub thats just a few blocks from the U.S. Capitol.

The migrants were welcomed and soon taken by Uber, Lyft and private volunteer cars to a church that the group has been using to help people bathe, eat and figure out where they plan to settle, whether in Washington or elsewhere. Fischer said her group has helped about 6,200 people so far.

This whole project is a racist publicity stunt that doesnt uphold the agency and human rights of those who are arriving to seek safety, Fischer said.

But it is forcing some Democratic leaders to adjust policy in order to process the unexpected arrivals. Washingtons Democratic mayor, Muriel Bowser, declared an emergency last week to free up $10 million in funds after the Pentagon rejected her requests for help from the National Guard.

We have a system that is failing those that are arriving to seek safety, Fischer added. And instead of states and localities and the federal government and Congress addressing the real needs, its turned into a game of political football.

President Biden asked Harris last year to address the root causes of migration from Central America. Republicans have referred to her as the Biden administrations border czar a title she has resisted and conservatives have pilloried her all week for declaring in an NBC News interview over the weekend that the border is secure.

Those remarks triggered Abbott to send the buses to Harriss home, he tweeted Thursday.

VP Harris claims our border is secure & denies the crisis, Abbott wrote. Were sending migrants to her backyard to call on the Biden Administration to do its job & secure the border.

Border agents recorded 1.9 million encounters with migrants between October 2021 and the end of July, an all-time high. This number doesnt represent individual migrants because many migrants try to cross the border and are apprehended multiple times.

The issue did not come up during a speech Harris delivered later in the morning at the White House event aimed at combating hate-filled violence and her office did not respond to emailed questions.

Gov. Gavin Newsom called for the Justice Department to investigate DeSantis actions, citing reports that migrants said they were recruited based on false representations that they would be taken to Boston and given expedited access to work authorization.

The fact that Fox News and not the Department of Homeland Security, the city or local NGOs were alerted about a plan to leave migrants, including children, on the side of a busy D.C. street makes clear that this is just a cruel, premeditated political stunt, said White House Press Secretary Karine Jean-Pierre.

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GOP governors bused migrants to liberal cities. Texas sent them to the vice president's home - Los Angeles Times

So who’s ‘woke,’ what does it mean and how is it being used in Canadian politics? – CBC News

The word "woke" originally used to describe awareness of discrimination has been adopted by figures onthe political right to discredit policies and politicians they considertoo progressive, experts say.

The word was directedearlier this week at the Liberals and NDPbyConservative Leader Pierre Poilievre.And some Liberalshave been dancing around the term when asked about it by journalists.

"It's a term that's been evolving fast," said Jennifer Saul, a professor who specializes in the philosophy of political language at the University of Waterloo.

"For a while, there were people happily identifying themselves as woke. Itnow has been adopted as a term of abuse."

After Poilievre was elected to lead the Conservatives, a number of Liberal MPs told Radio-Canada that they want their party to shift to the centre to combat Poilievre's populist brand of conservatism.

"We need a government that is down to earth and less woke,"one MP, speaking on the condition they not be identified, told Radio-Canada.

Poilievre would later call the Liberals and the NDP who are supporting the government through a confidence-and supply-agreement a "radical woke coalition" in his first address to caucus as Conservativeleader.

Poilievre'suse of "woke" as a pejorativehad a number of Liberal cabinet ministers circling the word cautiouslyduring the party's caucus retreat earlier this week.

"Frankly, I don't even know what it means to be woke.I'm working to serve Canadians," said Environment Minister Steven Guilbeault.

"I certainly don't believe I'm woke, trust me, and no one in my family believes that either," said Innovation and Science Minister Franois-Philippe Champagne.

Even NDP Leader Jagmeet Singh didn't explicitly embrace the term when asked about it during an interview on CBC Radio's The House although he did sayhe doubts Poilievre understands what it means.

"I don't think that Mr. Poilievre knows what he means when he says that. I don't think he understands what he's saying when he just throws the words around," Singh told host Catherine Cullen in the interview airing Saturday.

"I think it's a baseless kind of position. It doesn't really add up to the reality," he said, adding that his party's focus is on getting help to Canadians.

The use of the term "woke" in a political context originates with black activists in the United States in the early- to mid-20th century, according to McGill political science professor Terri Givens.

Givens said it was used as a term of vigilance, calling for greater public awareness of racial discrimination. As a black woman growing up in the United States, she said, she was very familiar with the term.

"I've heard this term throughout my life," she said. "It's a term that means, 'We need to wake up to the fact that [discrimination is] happening to us.'"

Givens said that while the term has been used withinblack communitiesin North America for decades, it gained prominence in the wider public discourse during the rise of the Black Lives Matter movement.

Saul said that in the years following the rise of Black Lives Matter, people started applying the term more broadly toawareness of other social issues, such as sexism, poverty and the challenges facing LGBTQ people.

Both Saul and Givens said the term has since been seizedby right-wing figures to castigate people or policies they see as too progressive.

"This has become a blunt instrument of the right," Givens said.

Saul agrees but notes that "woke"has gained some negative meaning on the left as well. The term"woke-washing," he said, is used to describe the actions of people or organizations thattry to convince others theycare about certain issues.

Both Saul and Givens said Poilievre's use of the word to discredit the Liberals, and subsequent attempts by some Liberals to distance themselves from it,are notsurprising. The same things are happening inthe U.S. and Europe, they said.

"I think a defence of, 'Yes I'm woke and proud of it' is unlikely to succeed because the term 'woke' has become so thoroughly appropriated," Saul said.

Givens said she doesn't think the historical context of the term is understood by either the Liberals or the Conservatives.

"It really pains me to see politicians throwing these terms around [as] a quick soundbite, instead of having a nuanced conversation," she said.

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So who's 'woke,' what does it mean and how is it being used in Canadian politics? - CBC News

SA Liberals opt for ‘generational shift’ rather than conservative takeover at annual general meeting – ABC News

Senior members of the South Australian Liberal Party say the organisation has avoided a bloodbathin the wake of the party's election losses at a state and federal level earlier this year.

A rumoured conservative takeover of the party's executive failed to eventuate at today's state branch annual general meeting, although a member of the faction was elected as the state president.

The meeting was held at the Hungarian Club in Norwood, rather than at the Adelaide Convention Centre,with speeches and extra events cancelled out of respect for the Queen.

Despite rumours of a conservative takeover following a recruitment drive by Right faction senator Alex Antic, the result was more mixed.

The membership strongly supported former candidate for Kavel, Rowan Mumford, asthe new state president but, after the meeting, Senator Antic was not prepared to declare the result a success.

"I just love democracy, I love coming to these meetings, hanging out with like-minded friends, good result, good people," he said.

Other executive positions were won by a mix of conservative and moderate candidates.

The party appointed moderate Alex May as state director in July, whileDavid Speirs a conservative was chosen as Opposition Leader in April after the election loss in March.

Mr Speirs today claimeda win for balance and harmony with the party "not lurching over to the far right" or "trying to out-left the Left".

"Contrary to all the public speculation, no takeover has occurred by one particular group within the party and this is exactly what I was after," he said.

All three of the party's leaders are in their 30s.

"The generational shift for our party has been dramatic over the last few months," Mr Speirs said.

"It's refreshed, it's renewed, it's reinvigorated."

Members told ABC News the party administration badly needed updating to make the Liberals electorally competitive again.

Party elders were relieved that factional fighting did not take centre stage.

"Common sense has prevailed," former federal Liberal MP Trish Worth said.

"It shows that we can have confidence in the wisdom and integrity of state council delegates because they've elected people from the broad church."

Former MP Christopher Pyne said the media had over-hyped the divisions in the party.

"I think you're all being a bit dramatic," he said ahead of the meeting.

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SA Liberals opt for 'generational shift' rather than conservative takeover at annual general meeting - ABC News