IDC’s 3rd Platform Industry Spending Guides Provide In-Depth Forecasts for Technology Investments in Nine Industries

To bring more insight to technology spending across and within industries, International Data Corporation (IDC) recently published a series of Industry Spending Guides that provide in-depth forecasts for spending on 3rd Platform technologies (mobility, cloud, big data and analytics (BDA), social) and Innovation Accelerators (artificial intelligence (AI), augmented reality/virtual reality (AR/VR), 3D printing, Internet of Things (IoT), security, and robotics) as well as traditional, 2nd Platform technologies. The guides cover nine industries – banking, government, healthcare, insurance, manufacturing, oil and gas, retail, securities and investment services, and utilities – and provide detailed spending figures for nine geographic regions, 64 sub-industries and lines of business, and two delivery types (cloud and non-cloud).

“While IT spending is contracting in some areas, 3rd Platform spending will see healthy double-digit growth throughout the post-COVID recovery period and the investment priorities are somewhat varied across industries,” said Karen Massey, research manager, Customer Insights & Analysis.

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Avid Technology Announces Conference Call to Discuss Third Quarter 2020 Financial Results

BURLINGTON, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) — Avid ® ( NASDAQ: AVID ), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Executive Vice President and Chief Financial Officer, will host a conference call on Wednesday, October 28, 2020, at 5:30 p.m. ET to discuss the company’s earnings for the third quarter of 2020, which will be published after the market close that day.

Conference call information:

  • Date & time: Wednesday, October 28, 2020, 5:30 p.m. EDT
  • Dial-in number: 323-289-6576
  • Confirmation code: 4778505
  • Webcast link (listen only) and presentation slides: http://ir.avid.com
  • Replay number: 719-457-0820, passcode: 4778505

A replay of the conference call and webcast will be available for a limited time by dialing the replay number above or by visiting Avid’s investor relations website at ir.avid.com.

About Avid
Avid delivers the most open and

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Opening of Canton Tower Science & Technology Conference 2020: Exploring the Services and Missions of Technology

GUANGZHOU, China, Oct. 14, 2020 /PRNewswire/ — With the support of the Ministry of Industry and Information Technology and the Guangzhou Municipal People’s Government, Canton Tower Science & Technology Conference 2020 – The Global Mobile Developers Conference and AI Summit Forum, hosted by IDG Asia and co-organized by Guangzhou Municipal Science and Technology Bureau, was again in Guangzhou from Oct. 13 to 14, 2020.

The theme of this Conference is “Intelligence Everywhere · Imagine Endless”, showing people’s higher reliance and expectations for science and technology. Because technology brings an unprecedented sense of security and sense of gain during the pandemic period, people are all the more convinced that technology may create better well-being and a better life in the future.

Therefore, this Conference is a brainstorming of ideas to explore the services and missions of science and technology. Over 200 guests from governments, international organizations, enterprises, technology communities

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Exploring the Services and Missions of Technology

GUANGZHOU, China, Oct. 14, 2020 /PRNewswire/ — With the support of the Ministry of Industry and Information Technology and the Guangzhou Municipal People’s Government, Canton Tower Science & Technology Conference 2020 – The Global Mobile Developers Conference and AI Summit Forum, hosted by IDG Asia and co-organized by Guangzhou Municipal Science and Technology Bureau, was again in Guangzhou from Oct. 13 to 14, 2020.

The theme of this Conference is “Intelligence Everywhere · Imagine Endless”, showing people’s higher reliance and expectations for science and technology. Because technology brings an unprecedented sense of security and sense of gain during the pandemic period, people are all the more convinced that technology may create better well-being and a better life in the future.

Therefore, this Conference is a brainstorming of ideas to explore the services and missions of science and technology. Over 200 guests from governments, international organizations, enterprises, technology communities

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Artificial Intelligence Market by Technology, Hardware, End-user Industry, and Region – Global Forecast to 2026

DUBLIN–(BUSINESS WIRE)–Oct 14, 2020–

The “Artificial Intelligence (Chipsets) Market by Technology (Machine learning, Natural Language Processing, Context Aware Computing, Computer Vision), Hardware (Processor, Memory, Network), End-User Industry, and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The AI (chipsets) market is expected to be valued at USD 7.3 billion in 2020 and is likely to reach USD 57.8 billion by 2026, at a CAGR of 40.1% during the forecast period.

Major drivers for the market are increasingly large and complex datasets driving the need for AI, the adoption of AI for improving consumer services & reducing operational costs, the growing number of AI applications, the improving computing power, and growing adoption of deep learning and neural networks.

The major restraint for the market is the lack of a skilled workforce. Critical challenges facing the AI (chipsets) market include low return on investment, creating models &

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Why The Recent Zoom Crash Is Evidence Of A Remote Technology Boom

Simple, slick and easy-to-implement, Zoom was primed to fill the gap and urgent needs of emerging remote demands. The video conferencing tool has since exploded in popularity, leading the pack of IT tools adopted in the pandemic and becoming an integral part of businesses, schools and conferences.

Despite it’s fast rise to the top, hardly a day passes without at least one mention of Zoom in the news. The company has faced security issues, including having meetings hijacked in attacks called “Zoom-bombings.” More recently, Zoom made headlines because of a sustained outage that caused massive disruption for its users. On the morning of August 24th, 2020, students, teachers and professors around the world were unable to connect for their first day of remote classes, derailed by a Zoom outage that lasted nearly four hours. The incident caused serious headaches and raised serious red flags from users Zoom technology

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Renewable Technology Will Take Starring Role As Energy Recovers From Covid-19

The global energy system is in a state of upheaval, thanks to the Covid-19 pandemic, which has “caused more disruption than any other event in recent history, leaving scars that will last for years to come,” says the International Energy Agency (IEA) in its latest World Energy Outlook (WEO).

“But whether this upheaval ultimately helps or hinders efforts to accelerate clean energy transitions and reach international energy and climate goals will depend on how governments respond to today’s challenges,” the report adds, suggesting that the next decade will be pivotal to both recovering from the current crisis and to tackling climate change.

Global energy demand is set to drop by 5% in 2020, with energy-related CO2 emissions down by 7% and investment in the sector 18% lower than the previous year as the pandemic-induced lockdowns around the world depress economic activity. Global energy

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Army partners with University of Illinois on autonomous drone swarm technology

Army researchers are working with the University of Illinois Chicago on unmanned technology for recharging drone swarms.

The university has been awarded a four-year, $8 million cooperative agreement “to develop foundational science in two critical propulsion and power technology areas for powering future families of unmanned aircraft systems,” according to a statement released by the Army Research Laboratory.

“This collaborative program will help small battery-powered drones autonomously return from military missions to unmanned ground vehicles for recharging,” the Army added. “The university is developing algorithms to enable route planning for multiple teams of small unmanned air and ground vehicles.”

ARMY DEVELOPING DRONES THAT CAN CHANGE SHAPE MID-FLIGHT

The military is looking to make the process of recharging vast drone swarms as efficiently as possible by using fast, recharging batteries and wireless power transfer technologies. This, researchers say, will let multiple drones to hover over an unmanned ground vehicle and recharge

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Hyperfine Receives Frost & Sullivan Best Practices Product Innovation Award For World’s First Truly Portable MR Imaging Technology

Swoop™ Portable MRI system creates new product category for accessible, cost-effective MR imaging

Hyperfine's Swoop™ Portable MRI has been recognized with a Best Practices Product Innovation Award for its category-defining point-of-care MR imaging technology.
Hyperfine’s Swoop™ Portable MRI has been recognized with a Best Practices Product Innovation Award for its category-defining point-of-care MR imaging technology.
Hyperfine’s Swoop™ Portable MRI has been recognized with a Best Practices Product Innovation Award for its category-defining point-of-care MR imaging technology.

Guilford, CT, Oct. 14, 2020 (GLOBE NEWSWIRE) — Hyperfine has received a Best Practices Product Innovation award from Frost & Sullivan for the company’s category-defining portable MR imaging technology.  Analysts from Frost & Sullivan, a leading growth strategy and research firm, describe the disruptive innovation as a “massive leap forward to democratizing MRI.” Hyperfine’s Swoop™ Portable MRI System is a point-of-care MR imaging device that wheels directly to the patient’s bedside, plugs into a standard electrical wall outlet, and is controlled through a wireless tablet, making MR imaging accessible and immediate.

Magnetic Resonance Imaging (MRI)

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Superconductor technology for smaller, sooner fusion

Superconductor technology for smaller, sooner fusion
The assembly designed for the third SULTAN cable test features two 3-meter VIPER HTS cables in parallel and connected with a copper joint at the bottom; cryogenic helium and electrical current are injected at the top.once installed in SULTAN. The outer superstructure provides structural support to react the enormous lateral electromechanical body loads generated within the cables during testing. A unique aspect of this design, provided by the materials and the trapezoidal extension at the mid-plane, is the ability to axial strain the cables during testing to better replicate the conditions that would be experienced by VIPER cableswithin a high-field magnet. Credit: Jose Estrada/PSFC

Scientists have long sought to harness fusion as an inexhaustible and carbon-free energy source. Within the past few years, groundbreaking high-temperature superconductor technology (HTS) sparked a new vision for achieving practical fusion energy. This approach, known as the high-field pathway to fusion, aims to generate fusion

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