Artificial Intelligence (AI) has the potential to address some of the biggest challenges in education today, innovate teaching and learning practices, and accelerate progress towards SDG 4. According to a Forbes article published in March 2023, generative-relevant use cases of AI in the education industry already present a significant enterprise opportunity, with an estimated market of $2.6 billion in 2023 which is expected to grow at a rate of 32.0% until 2026.As with previous disruptive technologies, such as calculators, computers, and the internet, generative AI technologies will become another tool in the education ecosystem. It is time to rethink how to learn, grow, and develop in a world where generative AI is commonplace and be prepared for further transformations. Further, educa...

A Contract Manufacturing Organization (CMO) is a company that manufactures a pre-formulated drug, whereas a Contract Development and Manufacturing Organization (CDMO) is a company that handles everything from pre-formulation and formulation development to clinical trials and production. The pharmaceutical manufacturing process is demanding. Research and testing take years and manufacturing safe and stable drugs is an enormously costly venture.In the current scenario, many businesses have sought to outsource contract manufacturing (CM) to avoid unforeseen demand hikes as in the case of COVID-19. The turmoil resulted in the growth of the CM market from $934.8 billion in 2017 to $1.17 trillion in 2021 marking the exponential boom in the industry, although the actual figures could be much h...

Generative artificial intelligence is an AI technology that is capable of creating synthetic data and content including text, imagery, and audio among others. All of this can be done in a few seconds. Generative AI was first introduced in the 1960s in chatbots, however, it was not until 2014 that it gained popularity with the introduction of a machine learning algorithm known as Generative Adversarial Networks (GANs). Although the generative AI industry seems a niche at present, the real potential of the same is yet to be explored. Generative AI Tools Ruling the MarketThe launch of the infamous ChatGPT in November 2022 took the world by storm. The AI- chatbot was built by OpenAI using GPT-3.5 implementation. It is widely used to fine-tune text responses via a chat interface with interac...

With big competitors like Flipkart, Amazon, and Tata dominating the industry, the Indian e-commerce scene has experienced exponential expansion in recent years. Nevertheless, under the surface of prosperity, there is a troubling pattern as most of these business giants are struggling with losses year after year. To understand the cause behind the consecutive losses registered by the major e-commerce companies and to understand the strategies followed by unicorn e-commerce businesses in India, this article will explore the causes of these organizations' financial difficulties, considering the impact of exorbitant marketing costs and rising customer acquisition fees.Understanding the Losses Faced by Major Indian E-commerce CompaniesMajor e-commerce joints such as Amazon, Flipkart, and Tat...

Unmanned Surface Vessels (USVs) are redefining the way we approach oceans. They are primarily reconceptualizing voyage planning, overseas communication, navigation, and naval defense competencies and strengthening our national borders among various other applications. They roam the ocean's surface to collect information including oceanographic and atmospheric data as well as intruders' activity. USVs do all this without a human aboard. This is leading to the increasing demand for the same. The global USV market is growing at a CAGR of 4.9% and is expected to reach $3.0 billion in 2030. Of this, the commercial applications would make up 7.6% and the defense applications would contribute a CAGR of 3.8%. Operators at sea or on shore can remotely control USVs or program them in a way that m...

Artificial Intelligence (AI) is rapidly developing, and becoming much more accessible and affordable. AI and Machine Learning (ML) are evolving at a brisk pace, influencing all the major industries including aviation. The aviation industry has taken huge feats owing to the advancement of technology. This has made air travel safer and more efficient. Even the authorities are taking all the applicable measures to implement innovations within the industry with the sole intention of improving sustainability. One such measure is the development of smarter airports.

The consumer market for wearable devices is increasing steadily. Wearables are small electronic and mobile devices or computers with wireless communication capabilities incorporated into gadgets, accessories, or clothes, which can be worn on the human body. There are also invasive versions of the wearables such as micro-chips or smart tattoos. Some of the most common wearable devices include smart glasses and smart watches. Apart from these variable devices can also include headsets, jewelry, garments, armbands, chest straps, shoes, helmets, lenses, patches, and hearing aids. Wearables are used to collect, transmit, and analyze the data commonly collected from the body of a human or animal. They are commonly built using sensors, actuators, and computation parts. Applications of AI-Power...

In recent years, the demand for eco-friendly oral care products has been on the rise in India and across the globe. Consumers are increasingly seeking alternatives to conventional toothpaste tubes that often end up as plastic waste in our oceans and landfills. One such innovative solution gaining traction is toothpaste tablets. In this news article, we will explore some recent developments in the toothpaste tablet market, highlighting key developments and products that are changing the way we approach oral hygiene.Pearly White's Sleep-Inducing Toothpaste TabletsOn August 1, 2023, it was shared in the news that a group of students from Timaru Boys’ High School have embarked on a unique business venture called Pearly White, which is inspired by sleepless nights. These chewable tablets, wh...

In today's technology and automation-driven world, the self-service technology market is evolving and growing at a fast and steady pace. Because of this, small and large businesses globally are harnessing the power of automation and artificial intelligence to provide more efficient and convenient services to their customers. In this news article, we will take a look at some recent developments in the self-service technology sector. Nine Launches Nine Ad Manager for SMBsOn September 6th, 2023, Nine, an Australian media company unveiled a game-changing self-serve AI tech platform known as Nine Ad Manager. This platform will empower small to medium-sized businesses (SMBs) to purchase video advertising on 9Now, a popular streaming TV platform, with remarkable precision. This precision is ac...

The smartphone market has witnessed spectacular growth for over a decade. Past research highlighted the significance of smartphones in the global tech cycle. The smartphone industry has a complex and evolving supply chain across Asia, changing the export and growth performance of several countries. Smartphones have become a key metric of global trade, as they have become the main computing platform for many people around the world. Demand for smartphones is highly cyclical and related to the release of new models. Apple’s iPhone releases are the key determinant of the new tech cycle. However, the recent market trends of the smartphones are defying this notion.Global Smartphone Market SynopsisAs per the recent report by Counterpoint Research, in October 2023, the global sales of smartpho...