IT Brief Asia - Technology news for CIOs & IT decision-makers

Aerospace stories

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Green technology market to hit USD $122.69 billion by 2032
4 days ago
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iot
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power / energy
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ai
The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.
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IFS acquires EmpowerMX to enhance aviation maintenance AI
Last week
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digital transformation
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risk & compliance
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airlines
IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.
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Industry 4.0 market to surge from USD $93.6bn to USD $512.2bn
This month
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robots
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iot
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data privacy
The Industry 4.0 market, integrating AI, IoT, and robotics, is poised for explosive growth, jumping from USD $93.6 billion in 2024 to USD $512.2 billion by 2034, driven by digital innovation.
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SMT market to reach USD$16.8 billion by 2034 – FMI
Last month
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ai
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ml
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panasonic
The surface mount technology market is set to soar, driven by advances in electronics, healthcare, telecom, and automotive sectors.
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IFS launches IFS Cloud 24R1 to enhance AI-driven operations
Last month
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partner programmes
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low-code
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ai
IFS launches IFS Cloud 24R1, enhancing operational effectiveness, profitability, and sustainability for asset and service-focused firms with advanced AI features.
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Altium expands in Bangalore to boost India's electronics sector
Mon, 27th May 2024
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edutech
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cx
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martech
Altium is pouring resources into Bangalore, aligning with India's 'Make in India' drive to tap into its electronics market. This expansion includes a new office and educational initiatives.
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Boyce Precision Engineering grows 20% with new MRP solution
Fri, 24th May 2024
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agility
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northern ireland
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digitisation
Northern Ireland’s Boyce Precision Engineering (BPE) reports a 20% growth and 25% lower stock levels after adopting Forterro's MRP solution, 123Insight.
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Recognition Group launches Sovereign for defence sector support
Tue, 30th Apr 2024
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ai
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public relations
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digital marketing
The Recognition Group unveils Sovereign, a new agency tailored to buoy defence and aerospace suppliers in Australia.
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Network analysers market to hit USD $800m with 4.8% CAGR by 2033
Wed, 27th Mar 2024
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r&d
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demand
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wireless devices
Global demand for network analysers, essential for evaluating electrical network properties, is set to grow, with a predicted market value of USD $800m by 2033, according to Fact.MR.
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£100m boost for UK's AI industry from Chancellor Hunt
Fri, 8th Mar 2024
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data science
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ai
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cleantech
AI investment in the UL set to double with a £100m boost, targeting healthcare, environmental protection, and national security sectors.
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NVIDIA to host first physical GTC conference in five years
Mon, 4th Mar 2024
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edge computing
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robots
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martech
NVIDIA prepares to reignite its flagship GTC 2024 conference at San Jose Convention Center, expecting over 300,000 attendees for the behemoth tech event after an absence of five years.
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Salus Ventures reaches $40m target with QIC investment boost
Wed, 14th Feb 2024
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ai
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cybersecurity
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venture capital
Salus Ventures, an Australian seed-stage venture capital fund, has surpassed its $40m target, powered by a robust investment from Queensland Investment Corporation (QIC).
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OMNIVISION unveils breakthrough chip for next-gen smart glasses
Tue, 9th Jan 2024
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digital entertainment
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ces
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streaming
At CES 2024, OMNIVISION announced the launch of OP03050, a single-chip LCOS panel for AR/XR/MR smart glasses, enriching video conferencing and streaming with high-resolution visuals.
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Intel and DigitalBridge launch enterprise AI firm Articul8
Thu, 4th Jan 2024
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it training
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data analytics
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martech
Intel and DigitalBridge have launched Articul8, an independent AI company delivering comprehensive GenAI platform solutions with safeguarded, scalable and varied deployment options.
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NVIDIA unveils NeMo Retriever for accurate AI application responses
Wed, 29th Nov 2023
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hyperscale
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public cloud
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ai
NVIDIA introduces NeMo Retriever, a state-of-the-art AI microservice enhancing AI application accuracy.
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Vultr & Rescale join forces to accelerate global AI & engineering innovation
Mon, 20th Nov 2023
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storage
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data science
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engineering
Vultr and Rescale enter alliance to boost worldwide AI and engineering innovation, offering scalable cloud computing services globally.
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Clear-Com appoints Paul Morini as Southeast Regional Sales Manager
Fri, 13th Oct 2023
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cx
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martech
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smart home
Clear-Com appoints new sales manager for Southeast US region, focusing on customer engagement and driving sales activities.
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Computational fluid dynamics market continues to expand - FMI
Thu, 18th May 2023
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displays & projectors
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analyst report
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market
The worldwide computational fluid dynamics (CFD) market is projected to reach US$5.7 billion by 2033, driven by demand from various industries.
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Seeing Machines leads aviation innovation with Collins Aerospace
Wed, 17th May 2023
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seeing machines
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aerospace
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defence assets
Seeing Machines has signed an exclusive, perpetual licence agreement with a Collins Aerospace entity in Burnsville, Minnesota, a Raytheon Technologies business.
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Hermetic packaging market to be US$5.2 billion by 2033: FMI
Wed, 17th May 2023
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digitisation
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food technology
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airtight
The hermetic packaging market, with a 4.2% CAGR from 2023 to 2033, is expected to be US$ 5.2 billion by 2033, up from US$ 3.4 billion in 2023.