Right now, just over half of enterprises globally say they are incorporating AI applications into their operations. According to McKinsey & Co, 70 per cent of companies will be using some form of AI in their business by 2030.
Use cases for AI are as varied as every device and every human who generates a data point. Here are five examples of AI companies solving real world problems that demonstrate the variety of opportunities available to entrepreneurs and the scale of those opportunities.
Annual worldwide spending on the IoT exceeded a trillion dollars in 2020. Double digit growth is set to continue this year.
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22 billion devices will be connected to the Internet of Things (IoT) by the end of this year, and that number is expected to surge to almost 39 billion by the middle of the decade.
The power of the Internet of Things (IoT) as a transformative technology comes from the vast trove of data which everything — from the most complex devices to the simplest sensors — feeds back for analysis from an increasingly connected industrial infrastructure.
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Welcome to the Year of the Water Tiger as we investigate Web3.
Some say the metaverse economy will be worth $21tn by 2030 (that’s the size of the US economy today). However, Web3’s debutante party has been gate crashed by a mini meltdown in tech stocks. Read on to piece together where this is all heading.
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Over the past year, perhaps no buzzword has generated more buzz in online discussions than “Web3”. Some people call it the future of the Internet, and some say its exclusively the domain for cryptobros … but most people just scratch their heads wondering what it is and what has it got to do with pictures of apes?
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Want to navigate the world of Web3? You will need to familiarise yourself with a range of new concepts, technologies and services. To ease the transition Christin Burns at North Ridge Partners has created this (very) simple primer for you. By the end of the article, you will be a little bit closer to being able to buy a waterfront block in the virtual world Decentraland, paid for with the cryptocurrency Ethereum.
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The accelerated digitalisation we’ve seen since the pandemic landed has created a booming market for technology skills, with selective talent shortages driving wage inflation across the Asia Pacific region.
There’s a lot of hype about the war for tech talent. In this month’s Tech Round-Up we’ve gone direct to our community of tech founders, investors and boards to understand how real the problem is. We’ve asked how companies are affected, and how you’re responding to stifle resignations and attract new talent.
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Packages for some tech roles are up sharply. Tech Round-Up readers reveal their experiences across the region, and we explore some of the new models of working that are expected to emerge beyond work-from-home.
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How hot? Sceptical about the hype, we reality checked our numbers with specialist tech recruiters and employers. We found that while wages aren’t going stratospheric everywhere, in some talent hotspots, wage inflation has hit triple figures.
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Consumers are set to go on an almighty travel binge, which has already fed into the price of global travel stocks. This month we unpack the numbers, reveal the views of some leading travel sector commentators, and hear from travel sector CEOs about staring into the abyss - and surviving. As you might expect, technology will play a pivotal role in this recovery.
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As always, the shape of recovery in travel remains a complex story, with each of its constituent sub-sectors showing different recovery patterns.
What do some of the best minds in the business think happens next?
Five travel sector CEOs tell us what it was like to manage through the most difficult market conditions any of them will ever likely see in their lifetimes. And we describe the strategies that set the survivors apart and positioned them to thrive in any recovery.
Microsoft took 15 years before it hit a billion dollars in revenue. TikTok took less than four. The growth of the global software industry has been extraordinary, and the pace at which new platform-based businesses are achieving the much sought after unicorn status is putting the exclusivity of the club at risk.
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Five great digital giants grew their market capitalization from $2tn to $10tn between 2018 and 2021. Remarkably the next generation of digital businesses look set to outpace them. So what are the five characteristics that help you spot the next software insurgent.
With the commercial race into space in full swing, expect an old rule to ring true - in a gold rush, it’s often the people selling picks and shovels who get rich.
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Investment in space companies hit new record highs in 2020. The rush has attracted the billionaire class, tech giants like Microsoft and Amazon, and a new class of sky gazing entrepreneurs.
While the technology may be space-age, the problems being solved are age-old – from quarantine, to agricultural resource utilisation, to helping investors identify the next best bet.
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As students in the Northern Hemisphere head into their summer holidays - hopefully well vaccinated - we reveal how technology is transforming the education sector. Already a hot sector before COVID-19, EdTech is now sizzling, courtesy of the pandemic!
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