Tuesday, June 22, 2021

g-f(2)335 The Big Picture of Business Artificial Intelligence (6/22/2021), yahoo!news, PRNewswire, Artificial Intelligence in Energy Market: Incremental Growth is Expected to be Worth $ 6.79 Billion by 2025.


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Alert, AI in energy market is expected to grow by USD 6.79 billion during 2021-2025, Technavio
  • Artificial intelligence in energy market is driven by the increasing adoption of cloud-based solutions.
Alert, ABB Ltd., Alphabet Inc. and Flex Ltd. major participants
  • ABB Ltd., Alphabet Inc. and Flex Ltd. will emerge as major artificial intelligence in energy market participants during 2021-2025.
Alert, Increasing adoption of cloud-based solutions
  • Artificial intelligence in energy market is driven by the increasing adoption of cloud-based solutions. 
  • In addition, growing demand for data integration and visual analytics is also expected to trigger the artificial intelligence in energy market toward witnessing a decelerating CAGR of over 34% during the forecast period.
Lesson learned, The offers
  • ABB Ltd. offers ABB Ability Electrical Distribution Control System (EDCS) with AI-powered applications such as energy forecasting and intelligent alerts for efficient energy management. 
  • Alphabet Inc. offers a line of solutions such as project Sunroof and an end-to-end demo system, a machine learning model built on Google Cloud Platform using TensorFlow to monitor home appliances power behavior individually. 
  • Flex Ltd. offers a line of advanced solar trackers and software systems such as TrueCapture and NX Navigator to improve power monitoring and control capabilities through its subsidiary Nextracker.

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Condensed knowledge



    Alert, AI in energy market is expected to grow by USD 6.79 billion during 2021-2025, Technavio
    • Artificial intelligence in energy market is driven by the increasing adoption of cloud-based solutions.
    Alert, ABB Ltd., Alphabet Inc. and Flex Ltd. major participants
    • ABB Ltd., Alphabet Inc. and Flex Ltd. will emerge as major artificial intelligence in energy market participants during 2021-2025.
    Alert, Increasing adoption of cloud-based solutions
    • Artificial intelligence in energy market is driven by the increasing adoption of cloud-based solutions. 
    • In addition, growing demand for data integration and visual analytics is also expected to trigger the artificial intelligence in energy market toward witnessing a decelerating CAGR of over 34% during the forecast period.
    Lesson learned, The offers
    • ABB Ltd. offers ABB Ability Electrical Distribution Control System (EDCS) with AI-powered applications such as energy forecasting and intelligent alerts for efficient energy management. 
    • Alphabet Inc. offers a line of solutions such as project Sunroof and an end-to-end demo system, a machine learning model built on Google Cloud Platform using TensorFlow to monitor home appliances power behavior individually. 
    • Flex Ltd. offers a line of advanced solar trackers and software systems such as TrueCapture and NX Navigator to improve power monitoring and control capabilities through its subsidiary Nextracker.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from yahoo!news, PRNewswire]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


Authors of the genioux fact

Fernando Machuca


References

Artificial Intelligence in Energy Market: Incremental Growth is Expected to be Worth $ 6.79 Billion by 2025, yahoo!news, PRNewswire, June 21, 2021.


ABOUT THE AUTHORS


PR Newswire

Extracted from Wikipedia 

PR Newswire was a distributor of press releases headquartered in New York City. The service was created in 1954 to allow companies to electronically send press releases to news organizations, at first using teleprinters. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. 


Yahoo! News

Extracted from Wikipedia  

Yahoo! News is a news website that originated as an internet-based news aggregator by Yahoo!. The site was created by a Yahoo! software engineer named Brad Clawsie in August 1996. Articles originally came from news services such as the Associated Press, Reuters, Fox News, Al Jazeera, ABC News, USA Today, CNN and BBC News. 

Previously, In 2001, Yahoo! News launched the first "most-emailed" page on the web. It was well-received as an innovative idea, expanding people's understanding of the impact that online news sources have on news consumption. Yahoo allowed comments for news articles until December 19, 2006, when commentary was disabled. Comments were re-enabled on March 2, 2010.

By 2011, Yahoo had expanded its focus to include original content, as part of its plans to become a major media organization. Veteran journalists (including Walter Shapiro and Virginia Heffernan) were hired, while the website had a correspondent in the White House press corps for the first time in February 2012. An Amazon-owned marketing data collection company (Alexa) claimed Yahoo! News one of the world's top news sites, at this point. Plans were made to add a Twitter feed. In November, 2013, Yahoo hired former Today Show and CBS Evening News anchor Katie Couric as Global Anchor of Yahoo! News. She left in 2017.


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