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Market Watch: Key Stocks to Monitor Including NTPC and Siemens
On Wednesday, stocks to watch include NTPC Green Energy, Siemens, Zee Entertainment, Kotak Bank, Zaggle, Wipro, and Dabur. Investors are encouraged to opt for push notifications to receive relevant updates on their transactions.
Wipro extends partnership with Marelli for cloud transformation project
Wipro has secured a four-year extension of its partnership with Marelli to enhance cloud transformation efforts. The initiative will transition Marelli's Milan Data Centre and local server rooms to the cloud, aiming to centralize operations and improve employee support services through AI-driven virtual assistants. This collaboration is expected to reduce time-to-market for Marelli's products and create long-term value for stakeholders.
Wipro appoints Omkar Nisal as new Europe CEO succeeding Pierre Bruno
Wipro has appointed Omkar Nisal as the new Chief Executive Officer for Europe, succeeding Pierre Bruno, effective November 25, 2024. Nisal previously served as Senior Vice President and Managing Director for the UK and Ireland, overseeing a regional P&L exceeding one billion dollars. This leadership change follows several high-profile departures from the company, including the resignations of the Chief Technology Officer and Chief Operating Officer earlier this year.
global healthcare information system market poised for rapid growth through 2028
The healthcare information system market is projected to grow significantly, reaching $643.82 billion by 2028, with a CAGR of 11.0%. Key drivers include the rising prevalence of chronic diseases, which necessitate improved patient data management and care solutions. North America currently leads the market, while Asia-Pacific is anticipated to be the fastest-growing region.
premji invest unlikely to fund new large language model companies
Premji Invest's CEO T.K. Kurien expressed skepticism about investing in companies developing large language models (LLMs), citing that most existing models have already absorbed available internet data, leaving little room for further training. He emphasized that the future focus will shift to post-training and inferencing, which has yet to be seen at scale, predicting that core LLMs may eventually be confined to labs within the next decade.
healthcare interoperability solutions market poised for rapid growth and innovation
The healthcare interoperability solutions market is projected to grow from $4.32 billion in 2023 to $8.02 billion by 2028, driven by government initiatives and advancements in technology. Key trends include a push for nationwide interoperability and the adoption of cloud-based solutions. Major players like Cerner and Epic Systems are at the forefront of this evolving landscape.
healthcare fraud analytics market projected to reach 9.66 billion by 2028
The healthcare fraud analytics market is projected to grow from $3 billion in 2023 to $3.8 billion in 2024, with a CAGR of 26.6%, driven by rising fraudulent activities and healthcare costs. By 2028, the market is expected to reach $9.66 billion, reflecting increasing sophistication in fraud schemes and advancements in analytics technology. Key trends include the adoption of cloud-based solutions and real-time fraud detection, highlighting the urgent need for enhanced fraud prevention measures in the healthcare sector.
google cloud launches ai agent space to enhance enterprise solutions
Google Cloud has launched AI Agent Space, an ecosystem enabling businesses to co-create and deploy customizable AI agents, contrasting with competitors like Microsoft and SAP that focus on large-scale integration. While currently offering only 19 distinct agents, Google plans to expand its catalog significantly, promoting partner-developed solutions through its marketplace. This initiative highlights Google's commitment to innovation and flexibility in meeting diverse enterprise needs.
growth of internet of things in healthcare market projected to reach 235 billion
The Internet of Things (IoT) in Healthcare Market is projected to grow from USD 71.84 billion in 2023 to USD 235.72 billion by 2032, with a CAGR of 18.5%. Key drivers include the increasing adoption of cloud-based services and advancements in telemedicine and patient monitoring applications. Major players in the market include Amazon, Cisco, and IBM, among others.
global healthcare mobility solutions market projected to reach 915 billion by 2033
The global healthcare mobility solutions market is projected to grow from USD 135.9 billion in 2023 to USD 915.5 billion by 2033, with a CAGR of 21.01%. North America is expected to dominate the market, driven by increased smartphone usage and government support for mHealth applications, while Asia Pacific is anticipated to experience the fastest growth due to rising adoption of mobile health technologies. Key players include Wipro, Microsoft, and GE Healthcare, with ongoing innovations in telehealth and mobile applications enhancing patient care and operational efficiency.
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