Thursday, 6 November 2014

High Performance Computing Market Rings In the Exascale Age

Posted on 22:18 by Alina Martin
High performance computing (HPC) refers to any form of computational activity that requires more than one computer to execute complex computational tasks. With the help of supercomputers and computer clusters, high performance computing has the ability to manage and analyze large amounts of data at an exceptionally high speed. In other words, where solving a complex computational problem using a normal computer could take a couple of months, high performance computing enables users to do the same in days or may be even minutes.
HPC has become more ubiquitous in recent times with small, medium, as well as large enterprises exploiting the benefits it offers. The high performance computing market has had a significant impact across all economic sectors and forecast suggests that the market is expected to grow at a steady rate in the near future.
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Increasing adoption of high performance computing
The importance of high performance computing is being recognized across all verticals – right from academics and communications to biotech and defense. This extensive usage has led to rapid adoption even by governments across the globe. Understanding the significance of high performance computing in matters of security and economic competitiveness, governments have increased investments in the field.
Product innovations and recent developments in the field of high performance computing such as cloud-based services have attracted not just data centers but even SMEs within the market. In addition to this, the growing number of supercomputers across the world and rising economic competitiveness has fueled the growth of the high performance computing market.
In contrast, factors that are expected to stall the growth of the high performance computing industry are pricing, issues related to power and cooling, and cost of computer resources.
Fragmentation of the high performance computing market
The global high performance computing market is extremely fragmented and is segmented on the basis of various parameters: components, professional services, price bands, deployment, end users, and geography.
The components of high performance computing include storage, servers, networking devices, and software (which include cluster management, middleware, fabric management, performance optimization tools, and programming tools). Professional services provided under high performance computing comprise designing and consulting, integration and deployment, and training and outsourcing. High performance computing may be deployed either on premise or on cloud. There are two main categories of high performance computing based on price bands – US$249,000-100,000 and below, and US$250,000-500,000 and above.
High performance computing finds applications in almost every industry vertical. Some of the major end users include gaming, academic institutions, bio sciences, manufacturing, retail, media and entertainment, web, government and defense, energy and natural resources, transportation and logistics, weather, BFSI institutions, and chemical.
Geographically, the high performance computing market can be divided into four main regions: North America, Europe, Asia-Pacific, and Rest of the World.
High performance computing: Key market players and innovators
The high performance computing market is driven by immense competition among players. There are numerous small and large companies operating in the market and have had a significant impact on the same. These include Microsoft Corporation, Hitachi Data Systems, Groupe Bull, The International Business Machines Corporation, Silicon Graphics International Corporation, NetApp, Inc., Advanced Micro Devices, Inc., Oracle Corporation, Cisco Systems, Inc., Fujitsu Ltd., Cray Inc., Dell Inc., Hewlett-Packard Company, and Intel Corporation.
Innovation is a key aspect of the high performance computing market and companies invest a lot of time and money to develop innovative solutions to gain competitive advantage. Some of the leading innovators of the high performance computing industry are Asetek, Chelsio Communication, Sabalcore Computing Inc., Super Micro Computer, Inc., Terascala, Cycle Computing, Penguin Consulting Group, and Panasas, Inc.
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Gesture Recognition for Smart TV to Change Human Interactivity Experience with Machines

Posted on 22:16 by Alina Martin
Gesture recognition has changed the way we look and deal with gadgets in many ways. With just a wave of your hand or a look, your gadget can perform functions you gesticulate to it. Gesture recognition is a technology that enables users to control and interact with devices to perform specific actions such as flipping pages, continuing reading, making calls, and whatever else it has been programmed to do. The gesture recognition for smart TV market has carved a niche for itself and is expected to grow over US$450 million by 2018.
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Gesture recognition for smart TV is a technology purely designed to improve and enhance the interactive communication and connectivity between a human and a machine. A smart TV that comes with gesture recognition has embedded gesture and voice control features. This allows the user of the smart TV to control the device with voice commands or hand gestures. There are two types of gestures, namely, extended gestures and gestures emulating computer mouse. To elucidate this distinction further, a mouse gesture is essentially the act of pointing towards the device to make it perform an action. This provides quick access and simplifies many functions of using the smart TV; while an extended gesture does more than pointing such as selecting, grabbing, moving, and flipping.
Gesture recognition for smart TV is done by the software that helps the user execute a touch-less action. However, this technology is not a reliable one when it comes to using it on a broader aspect. Despite challenges that are being tackled with constant innovation, it is the gesture recognition for smart TV market is expected to grow substantially in the coming years.
Components of Gesture Recognition for Smart TV Market
The gesture recognition for smart TV market has been divided into two main categories. The first category is functionality into image acquisition, gesture classification, and feature extraction. The second most important category of gesture recognition for smart TV market is technology namely, the 2D and 3D market. The gesture recognition for smart TV market also contains segments vital to its functions such as microcontroller, IR proximity sensors, image sensors, IR temperature sensor, light sensor, and others. The understand the impact of this advanced technology in various parts of the world, the gesture recognition for smart TV market is also segmented on the basis of regions such as Asia Pacific, Europe, North America, and Rest of the World.
Gesture Recognition Technologies for the Smart TV Market
The technology for gesture recognition for smart TV is still at a nascent stage and is looking at several innovations in the recent future. The gesture recognition for smart TV market will witness growth as economies recover from recession, disposable incomes rise, and the world looks at technology that makes life even simpler. However, a fact about gesture recognition for smart TV that remains true is, it is all poised to change the way humans communicate with machines on all fronts. This means designers and engineers will have to develop artificial intelligence in manner that responds to visceral aspect of humans using technology in time to come. In a few years, devices such as Leap Motion and MYO will become the fulcrum of way we function and interact with technology to perform day-to-day tasks. A huge opportunity for gesture recognition for smart TV market lies in industries such as gaming, electronic appliances, automobile industry, and healthcare. Additionally, the manufacturing sector will also make a good use of gesture recognition technology to completely change the way things are made.
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Electronic Bill Presentment and Payment Market - Global Analysis, Industry Trends and Forecast, 2014 – 2020

Posted on 03:32 by Alina Martin
Electronic Bill Presentment and Payment (EBPP) is a process of electronically delivering the bills to the individuals and receiving the bill payment via the internet or through an electronic network. For instance, a customer receives the telephone bill via an e-mail. This e-mail also has a hyperlink mentioned by the service provider for the payment options. After reviewing the entire bill, the customer clicks on the hyperlink, selects the mode of payment and initiates the transfer of funds. The electronic bills delivery and receipt of payments can also be conducted via two separate networks. For example, in business to consumer transactions such as payment of utilities, the bills are received at the site in the form of paper and payment is done using debit or credit cards.
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Implementing the system of EBPP by business establishments automates, streamlines and manages processes that involve payments. The benefits of implementing EBPP technology is that it reduces the time and costs associated with processing by eliminating the need to print and post paper mails, optimize working capital, improves marketing capabilities and be ahead in the competitive environment. Also, the customer service costs tend to drop due to lesser errors in electronic transactions than in paper transactions. Further, EBPP technology enables settling of disputes electronically by presenting interactive bills and eliminating lengthy telephone conversations.
The increasing use of smart phones with high-speed internet access is the major factor that drives the EBPP market. Mobile internet enables on-the-go access to various payment portals and enables customers to carry out various transactions such as payments using debit card and credit card, online bank transfer and access latest e-bills via e-mails instantaneously. Enterprises are also promoting the use of mobile devices by providing their employees with smart phones and tablets so that they can increase their revenue by boosting employee productivity. The strong penetration of laptops and notebooks, gaining trend of BYOD (Bring Your Own Devices), growth of mobile internet networks and increase in internet enabled smart phones drives the EBPP market.
One of the major factors that is contributing to the growth of EBPP market is the stiff competition among the vendors that enables launching of converged communication services such as 4G mobile network deployments leading to rapid growth in broadband internet systems. The continuously increasing speed, storage capacity, bandwidth and on-demand computing power of internet is driving the business establishments to migrate to online business models wherein payments are done through credit cards and third party services such as PayPal. However, the presence of coordination problems in the EBPP systems is adversely affecting the growth of this market.
Implementation of EBPP systems involves certain amount of initial costs for the billers and customers. In such a case, if customers refuse to use the EBPP system, the billers may not be able to recover their initial costs. Also, billers need to be confident that they are able to eliminate the paper-based system by convincing their customers to switch to the new technology. Moreover, due to difficulties in predicting the adoption rates; there is no accurate way to estimate the return on investment. Further, the billers are reluctant to invest on the time needed to train their customers/staff with such a technology thereby delaying its adoption. Another challenge is the possibility that a mobile device could be stolen or lost. In such cases, there are chances of unauthorized usage of the device leading to frauds and thefts. For the same reason, demand for customized solutions is expected to see rise during the forecast period. The electronic billing platforms are customized to leave an electronic audit trail for securing the internet transactions thereby giving customer’s confidence a major boost.
The EBPP market can be segmented on the basis of the end-user industries such as banking and financial services, insurance, health care, telecommunication, retail, education, media, manufacturing and government. The retail segment majorly contributes to the EBPP market due to the growing number of customers opting for online shopping and payments.
Some of the major players in the market include ACI Worldwide, Inc., CSG Systems International, Inc and Monitise Group Limited, among others. Some of these vendors are consistently acquiring companies to enhance the quality of their services. For instance, Mastercard Incorporated, on Sep 6, 2012, acquired Truaxis, Inc. with a view to enhance the quality of personalized shopping offers and the rewarding system to customers.
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Global Performance Management Systems Market - Analysis, Industry Growth and Forecast till 2020

Posted on 03:31 by Alina Martin
Performance management (PM) is a set of activities that ensure goals and objectives of an organization are consistently met in an efficient and effective manner. The primary aim of performance management is to evaluate the performance of any employee, a department, organization, or even a process that develops a product or a service. With technology advancements, software solutions for performance evaluation known as performance management systems have witnessed unprecedented demand globally. Performance management systems offer flexible and continuous evaluation platform for self-improvement. These systems consists of basic principles such as performance review cycle, performance improvement plan and human resource specific professional practices. Performance management systems have its application across various end use industry verticals including, government, manufacturing, healthcare, retail, IT and telecom and media among others. Moreover, they are used in consulting companies, banking sectors, financial and insurance (BFSI) institutions.
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The market for performance management systems is surging forward and will continue to do so in the near future. Performance management systems have witnessed unprecedented demand with introduction of Software as a Service (SaaS) delivery model. Currently, the performance management systems offer a broad array of facilities catering to multiple application areas such as performance evaluation, performance appraisal in educational institutions, universities, corporate and training organizations. . Recent performance management solutions such as Taleo (Oracle) and Kenexa (IBM) offer out-of-the-box functionalities such as candidate searching, candidate relationship management, which reduce deployment time, along with the consulting costs.
Increasing adoption of cloud computing solutions and mobile phones, and growth traction in social networking service and big data are likely to play a vital role in market growth for performance management systems. Performance management systems help to filter data speedily and reach organization/company insights and take decisions. Introduction of advanced software solutions has contributed to a surge in demand of performance management systems. Additionally, increased spending on performance management solutions by the IT industry, despite organizational budgetary restrictions is also a key factor fueling the growth of the performance management systems market.
Established vendors in the market are continuously involved in introducing new and updated versions of their solutions every year. For instance, vendors such as Adaptive Insights and Host Analytics, Inc. offer small updates every quarter. These updates help the organizations expand core functionalities of their products and subsequently increase its customer base
Players such as IBM Corporation, CA Technologies, Inc., Compuware Corporation, Keynote Systems, Inc., BMC Software, Inc., Microsoft Corporation, SAP SE, SAS Institute Inc. and Hewlett-Packard Company dominate the performance management systems market. However, their market leadership is under pressure owing to threats from new entrants such as AppDynamics and New Relic. Additionally, technological advancements in the existing performance management solutions are key factors to obtain a competitive edge. For instance, Longview Solutions successfully introduced the SaaS version of its tax solutions. Similarly, Tagetik Software and Axiom EPM introduced the updated versions of their products, while Prophix Software, Inc. in its latest release introduced strong mobile capabilities. Such developments are further expected to fuel the market growth of the performance management systems.
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Wednesday, 5 November 2014

Nanotubes Market - Global Industry Analysis, Growth, Trends and Forecast, 2014 – 2020

Posted on 21:54 by Alina Martin

Nanotube is a nanometer-scale tube like structure that is available in different types such as carbon nanotubes, silicon nanotubes, inorganic nanotubes, boron nitride nanotubes, membrane nanotubes and DNA nanotubes. Nanotubes are sometimes also referred to as buckytubes.
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Nanotubes may look like powder or black soot, but they are the rolled-up sheets usually manufactured using graphene. Nanotubes generally form hollow strands that are only one atom thick. Nanotubes were developed from fullerene which is a structure that is similar to that of geodesic domes. Nanotubes which are produced in the laboratories are generally strong and exhibits electrical and thermal properties. Nanotubes can be generally differentiated by the number concentric cylinders, cylindrical length and cylindrical radius. Few nanotubes also exhibit various properties such as chirality which is a general expression of twisting longitudinally. Multiple nanotubes can also be assembled into microscopic mechanical systems called as nanomachines.
Carbon nanotubes are one of the widely used types of nanotubes. Nanotubes find a wide range of applications in manufacturing solar cells, actuators, paper batteries, acoustics environmental remediation and in several medical devices. However, the usage of nanotubes is largest in manufacturing several electrical devices such as circuits and batteries.
Developing technologies coupled with increasing demand for high end electrical products is expected to boost the overall growth of electrical industry. Thus, growing electrical industry is expected to augment the overall demand of nanotubes market. Nanotubes are also used in manufacturing a wide range of batteries such as paper batteries, solar cells and hydrogen storage among others. The growing applications of nanotubes in the medical devices are also expected to drive the overall growth of the market. Nanotubes are also used in the textile industries especially in fiber spinning to improve the mechanical as well as physical properties of the textile material.
Nanotubes are similar to that of direct dyes. Thus, the increasing applications of nanotubes in various industries are expected to escalate the overall growth of the market. High prices, environmental concerns coupled with several health risks are expected to hamper the growth of this market.
North America is the largest manufacturer of nanotubes market. The presence of large number of nanotubes manufacturing companies with several patented technologies is expected to further boost the growth of innovative technologies in the region in coming future. Asia Pacific is expected to be the major producer of the nanotubes market. China is the leading producer of the nanotubes in the region. Asia pacific represents the fastest growing regional market for nanotubes. Europe is expected to grow rapidly as a consumer, as well as a manufacturer of nanotubes.
Arkema S.A. (France), Showa Denko K.K. (Japan), Nanocyl S.A. (Belgium), Hyperion Catalysis International Inc. (U.S.) and CNano Technology Ltd. (U.S.) are some of the key participants of the global nanotubes market. The companies in the market are majorly focused towards developing proprietary technologies that are advanced as well as innovative in nature in order to achieve competitive advantage in the market. Companies also strive towards developing their production technologies such that they can successfully achieve economies of scale and hence, capture a larger market share in the market.
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Tuesday, 4 November 2014

Global Smart Glass Market – Significance, Technology, and Global Market Outlook up to 2018

Posted on 21:59 by Alina Martin
“Switchable glass” is a widely used term for “Smart Glass”. Smart glass is a type of glass whose light transmission properties undergo change due to external stimulus like heat, light, or voltage. Smart glass was first introduced in the year 1986, however, this product witnessed rapid commercialization post 2000. The popularity of smart glass can be owed to its efficiency, reliability, and durability.
Since, smart glass exhibits changing light transmission properties, it is also known as magic glass or even dimmable glass. Smart glass is also used for manufacturing smart windows that have the capacity to control the amount of light that passes through them.
Earlier, the application scope of smart glass was confined to only a few specific types of experiments. However, nowadays smart glass is widely applied in several sectors like electronics, architecture, power generation, and transportation.
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Segmentation of the Global Smart Glass Market
The global smart glass market is segmented on the basis of application, technology, and geography. On the basis of application, the global smart glass market is segmented into electronics, architectural, power generation, transportation, and others. As per market estimates, the architectural segment holds that largest share in the application segment of the global smart glass market. The architectural segment consists of residential and commercial building applications.
Since, smart glass does not let light and heat to easily pass through, these are mostly used for making partitions, windows, skylights, and doors in residential, and commercial buildings. The transportation segment in the global smart glass market also holds significant growth potential. In the aviation sector, the Boeing Company was the first to introduce the trend of adopting smart windows. In order to ensure luxurious passenger experience, the Boeing Company had introduced smart windows in the 787 Dreamliner aircraft.
There are two types of technologies that are incorporated in the global smart glass market which are Passive smart glass technology, and Active smart glass technology. Under these technology types, passive smart glass responds to the external stimulus of heat and light, and active smart glass responds to voltage acting as a stimulus. The goods that are manufactured by the passive smart glass technology are generally controlled by the inherent and natural properties; whereas, the active smart glass technology products are dynamically controlled by simple switch.
Global Smart Glass Market to Witness High Commercialization in the Forthcoming Years
It is expected that the global smart glass market will witness high degree of commercialization within the forthcoming five years. The trend in commercialization will mainly pertain to factors like better cost and working efficiency, multiplied and varied applications, and integration of advanced material. The prominent growth driving factors are low cost of maintenance, supportive government legislations and regulations, and high degree of energy efficiency.
The striking feature of smart glass is that it is highly energy efficient. This is a major factor that is driving the governments of several countries to encourage the extensive use of this glass product. The maintenance cost of smart glass is low because it possesses the inherent properties of auto dimming, and self cleaning. Thus, the benefits of using smart glass products are way more than the investments that are incurred on them.
Today, the automotives and architecture sectors are the largest consumers of smart glass products in the global smart glass market. These products are also applied in industry verticals like that of solar power generation, and electronics.
It is also expected that the healthcare sector will start using smart glass products in order to provide services to patients that are healthy and cost effective.
Global Smart Glass Market Led by North America and Europe
In terms of manufacturing capacities, and consumption, Europe and the North America are the largest contributors in the global smart glass market. At present, the global smart glass market is led by North America. And according to market forecasts, by the year 2020, Europe will be a strong competitor for North America in the global smart glass market.
The demand for smart glass products in the European market will be higher as compared to their demand in the North American market on account of improved government building constructions standards. The demand for smart glass products in the Rest of the World and the Asia Pacific is primarily driven by rapid industrialization.
Some of the prominent players operating in the global smart glass market include SPD Control System Corporation, Asahi Glass Corporation, Saint-Gobain S.A., Corning Incorporated, Smartglass International, Hitachi Chemical Co. Ltd., Research Frontiers Incorporated, PPG Industries Inc, View Inc., and Research Frontiers Incorporated.
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Monday, 3 November 2014

Global Financial Analytics Market – Worldwide Forecast, Industry Outlook, 2014 – 2020

Posted on 22:53 by Alina Martin
Financial analytics is extensively used for research in the equity and corporate bond markets. It plays a central role in the fundamental analysis of any business. Fundamental analysis of businesses implies investigating its financial statements and health, competitive advantages, management, competitors and markets. Financial analytics assist businesses in implementing Business Intelligence and analytical tools to obtain accurate insights from the financial data that is required in formulating business decisions. The Banking, Financial Services and Insurance (BFSI) sector is employing financial analytics for improving standard financial functions namely asset and liability, general ledger, budgetary control, payable, governance, receivable, profitability, compliance management and risk.

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The development of innovative business models such as business-to-employee, business-to-consumer and business-to-business has extended new opportunities for financial analytics. Additionally, due to technological development and its influence on business processes in an organization along with high degree of automation in financial department for different financial transactions, is expected to drive the market growth. 

Thus, with changing technological environment, modern approach to financial data analysis is required across all types of industry verticals. The financial analytics market is developing swiftly owing to enhanced technologies in business analytics and BI and extended focus on data transparency. Moreover, increasingly rising data intensity and use of financial analytics as competitive differentiator is driving the financial analytics market. 

Security concern and large number of business dimensions are the primary obstructions in the financial analytics market growth. These barriers are restraining the business enterprises to implement financial analytics to support a broad range of applications. Demand for cloud analytics is the next big thing coming in the market and extends enormous opportunity for financial analytics. The advent of cloud computing has pushed the financial planning to a new level and is expected to have long term impact on the financial analytics market. Companies such as host analytics Inc., offer cloud service based financial analytics to the business organizations.

The market for financial analytics is segmented by type, application, deployment type, and industry verticals. Types include data integration tools, Database Management System (DBMS), query, OLAP and visualization tools, reporting and analysis, analytical solutions, consulting and support services and others. Application segment comprises of assets and liability management, payables management, budgetary control management, profitability management, receivables management, governance and risk and compliance (GRC) management. Deployment type includes on-premise and cloud based. 

Industry verticals include banking, financial services and insurance (BFSI), healthcare and life science, consumer goods and retail, government, transportation and logistics, manufacturing, travel and hospitality, media and entertainment, telecommunication and IT, public sector and energy and utilities. 
Some of the major players in this industry segment are SAP A.G., International Business Machines Corporation (IBM), Oracle Corporation, TIBCO Software Inc., and MicroStrategy Inc., are active vendors in the market. These vendors offer financial analytics either in the format of individual solutions or incorporated into business intelligence suites. Some other companies in this market include Deloitte Touche Tohmatsu Limited, Hitachi Consulting Corporation, Information Builders, Fair Isaac Corporation (FICO), Microsoft Corporation, Symphony Teleca Corp., Teradata Corp, Tableau Software Inc., Rosslyn Analytics Ltd. and SAS Institute Inc. among others. 

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