What does a fraudulent insurance claim and eye problem have in common? Well, both can be identified, thanks to powerful NVIDIA GPUs deployed by AIDA Technologies, a Singapore-based artificial intelligence (AI) startup which began in 2016.
3D printing continues to gain traction globally and the market is expected to more than double to reach US$35.4 billion in 2020, according to IDC.
While 3D printers and materials will represent nearly half the total worldwide revenues throughout the IDC forecast, software and related services will also experience significant growth.
Revenues for computer-aided design (CAD) software are forecast to triple over the five-year forecast period while the market for on-demand parts services will nearly match this growth. The gains in both software and on-demand parts printing are being driven by the rapidly expanding use of 3D printing for design prototyping and products that require a high degree of customization in non-traditional environments.
Many technologies have come and gone — replaced by new innovations. But, in the midst of the technological changes, one unsung technology remains and is expected to be in even greater demand in the years ahead.
We’re talking about the lithium-ion battery which powers most of today’s devices. In fact, it is innovation that makes the battery highly popular — beyond gadgets and computer wizardry to other industries
According to Frost & Sullivan, the global lithium-ion battery market is expected to quadruple from 2013 to 2020. Developing applications in the grid and renewable energy storage segment are helping boost demand for lithium-ion batteries.