Scarlett Evans

5 days ago | aibusiness.com | Scarlett Evans

A new report from Bain & Co has found that AI, and genAI in particular, is seeing strong growth across sectorsAnnual AI budgets have doubled in the past year, as the tech sees “unprecedented” growth across industries. This is according to Bain & Company’s new Generative AI Readiness Survey, which looked at AI adoption at 199 U.S.-based companies.

5 days ago | iotworldtoday.com | Scarlett Evans

IoT technology is becoming a cornerstone of digital transformation across global industries, but cost and complexity are still holding back more advanced use, according to GSMA Intelligence’s latest report, “IoT & eSIM for Digital Industries.”The report found 88% of companies pursuing digital transformation are using IoT, making it one of the most widely used technologies across industries.

6 days ago | aibusiness.com | Scarlett Evans

As companies increasingly deploy LLMs and agentic AI, they face challenges around governance, cost and securityA new survey has found that while businesses are aggressively adopting agentic AI and Large Language Models to improve efficiencies, controlling these tools has emerged as a top priority.

1 week ago | iotworldtoday.com | Scarlett Evans

The boom in sales comes as businesses increasingly favor battery-free, energy agnostic power systemsA new report from tech intelligence company ABI Research has found ambient powered IoT devices will reach shipments of 1.1 billion units by 2030. These connected devices are designed to harvest energy from almost any available source in the vicinity and have seen a spike in popularity as demand for battery-free, reliable power systems rises.

1 week ago | iotworldtoday.com | Scarlett Evans

New AI-enabled app offers users features including race summaries, data insights and messaging with the Ferrari HP teamIBM and Scuderia Ferrari have launched a new app to bring AI-powered insights to Formula 1 fans at IBM Think 2025 in Boston this week. Built using IBM’s watsonx platform, the mobile app includes Racing Insights and a Race Centre platform to deliver a “more immersive experience” to users. The app is also now available in Italian for the first time, as well as English.