How Are Enterprises Benefitting from Deep Learning Algorithms?

Currently, deep learning solution providing companies are focusing on partnerships and acquisitions to cater to the needs of the retail, automotive, manufacturing, healthcare, and BFSI industries. For instance, in July 2017, Alphabet Inc. completed the acquisition of Halli Labs Pvt. Ltd., a provider of machine learning (ML) and deep learning solutions.

As per the terms of this agreement, Halli Labs Pvt. Ltd. agreed to join Google's Next Billion Users team to increase the reach of ML and deep learning technologies among its customers. Further, in July 2019, Intel Corporation signed a partnership agreement with Baidu Inc. to jointly work on the Nervana Neural Network Processor (NNP) of the former.

With this partnership, both the entities agreed to work on the hardware and software of NNP to ensure the optimization of this processor in the PaddlePaddle deep learning framework of Baidu Inc. Other companies opting for such measures include SAS Institute Inc., Qualcomm Incorporated, IBM Corporation, Amazon Web Services Inc., Samsung Electronics Co. Ltd., NVIDIA Corporation, and Microsoft Corporation.

Globally, the North American region dominated the deep learning market in the recent past, owing to the rapid technological advancements and the existence of developed IT infrastructure in the U.S. and Canada. Currently, end-use industries in the region are rapidly adopting deep learning solutions for voice assistance, image recognition, and product recommendation on social networks.

Moreover, the mounting investments being made by governments in AI technologies will also result in the widescale adoption of deep learning solutions in North America. Thus, the surging shift of end-use industries toward cloud computing and the increasing IT expenditure will facilitate the adoption of deep learning solutions, globally.

Comments

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca

How Are Retailers Enhancing Customer Experience through Electronic Shelf Labels?

In the preceding years, the North American region was the dominant user of ESLs, primarily on account of the largescale adoption of this technology among the expansive chains of retail stores, such as Wal-Mart. Additionally, the presence of favorable government initiatives facilitating the integration of automated products and encouraging technological developments across the retail sector also propels the adoption of ESLs in the U.S. and Canada. Owing to these reasons, North America will retain its dominant position in the upcoming years as well. Whereas, the European electronic shelf label market is expected to exhibit the fastest growth throughout the forecast period, owing to the existence of a strong retail sector and the existence of eminent market players in the region. Moreover, the extensive labor cost in European nations will also boost the demand for ESLs in stores and warehouses in the region. The large-scale adoption of ESLs in retail outlets and warehouses helps retail

News Market Insights

Search This Blog