Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, a growth of 12.3 per cent over the previous year, according to a new forecast by International Data Corporation (IDC). While this year’s growth is somewhat slower than previous years due to the economic impact of Covid-19, investment in AI will recover quickly, said the IDC ‘Worldwide Semiannual Artificial Intelligence Tracker’. Worldwide AI market revenue revenues are likely to surpass $300 billion in 2024 with a five-year compound annual growth rate (CAGR) of 17.1 per cent.
Software is the largest AI technology group delivering roughly 80 per cent of all AI revenue. Most of the software revenue comes from AI applications — $120.4 billion in 2020 — with AI Software Platforms delivering the remainder. “AI applications continue to be at the forefront of digital transformation (DX) initiatives, driving both innovation and improvement to business operations,” Ritu Jyoti, programme Vice President, Artificial Intelligence Research at IDC, said in a statement.
Customer relationship management (CRM) AI applications and enterprise relationship management (ERM) AI Applications are the two largest segments with 20 per cent and 17 per cent share of the AI applications market. Other key segments include AI for content workflow and management applications, production applications, and collaborative applications. In terms of vendor share, Adobe had the top spot for AI-centric CRM applications while Microsoft was No.1 in AI non-centric CRM Applications. Meanwhile, in ERM AI applications, Ceridian and Intuit take the top spots in AI-centric and AI non-centric types, respectively, IDC said.
As for the rest of the AI applications market, IBM is in the first position under AI-centric type while Microsoft occupies the top spot under AI non-centric type. The second-largest AI category is services, which IDC forecasts will reach $18.4 billion in 2020, an increase of 13 per cent year over year. Within the AI services market, AI IT services accounts for nearly 80 per cent of the category’s revenue with AI Business Services delivering the rest.
The top five companies in terms of market share — IBM, Accenture, Deloitte, Infosys, and Cognizant — captured roughly one-third of the worldwide AI services market in 2019. IDC expects AI hardware (server and storage combined) revenues to reach $13.4 billion in 2020, representing 10.3 per cent year-over-year growth. In terms of vendor share, the top three companies in AI Server are Dell, Hewlett Packard Enterprise, and Inspur, IDC said. In the AI Storage market, Dell Technologies, NetApp and Hewlett Packard Enterprise hold the top three positions, it added.
The day is here. Samsung has finally unraveled its new devices for 2020. Back in February we saw the Galaxy S20 lineup, along with its folding smartphone the Galaxy Z Flip. It is now time for the new Galaxy Note 20 and Note 20 Ultra smartphones as well as the new Galaxy Z Fold 2, Galaxy Buds Live, Galaxy Watch 3, and the new Galaxy Tab S7 tablet series.
Let’s have a look at everything that Samsung announced:
Galaxy Note 20 and Note 20 Ultra
Much like last year, Samsung has announced two new Galaxy Note devices. Samsung is following a bronze colour scheme for all its devices this year. Apart from the ‘Mystic Bronze’ these phones will come in Black, Green, White and Grey colour options. The new Galaxy Note 20 and Note 20 Ultra both have sort of a similar design and look and of course come with the S-Pen stylus. The regular Note 20 comes with a flat 6.7-inch 1080p AMOLED panel with a regular 60Hz refresh rate while the Note 20 Ultra comes with an edged (curved) 6.9-inch 1440p Dynamic AMOLED 2X with a 120Hz refresh rate. Samsung has also pulled the latency of the S-Pen down to just 9ms.
Both come with Qualcomm’s new Snapdragon 865+ processor but consumers in India will get the Exynos 990 chipset. Now the memory configurations are a bit confusing. The Note 20 and the Note 20 5G comes with a maximum of 8GB of RAM with up to 256GB of storage. The Note 20 Ultra also comes with 8GB of RAM but the Note 20 Ultra 5G comes with 12GB of RAM with storage options of up to 512GB.
In terms of batteries, the bigger Note 20 Ultra packs a 4,500mAh battery while the Note 20 comes with a 4,300mAh unit. Both come with 25W fast charging, which isn’t as fast as the Note 10 from last year, but there is also support for USB PD 3.0 which means consumers get a wider choice when picking a charger. You also get wireless charging with support for Qi as well as reverse wireless charging to charge your watch or earbuds.
As for cameras, both come with triple cameras at the back and a single camera in the front inside the punch hole. The Note 20 Ultra comes with a primary 108-megapixel sensor with two 12-megapixel cameras, and the Note 20 has a 12-megapixel primary sensor but with a 64-megapixel telephoto camera and another 12-megapixel camera for ultra-wide shots. Both can shoot up to 8K videos while the front camera comes with a 10-megapixel sensor.
Galaxy Tab S7 and Tab S7+
Before we tell about the new tablets, for some reason Samsung is using a ‘+’ instead of ‘Ultra’ for the bigger variant. Come on Samsung, can we have some uniformity here? Anyway, the new Tab S7 and Tab S7+ are the company’s answer to Apple’s iPad Pro range. They come with the S-pen as well which you can slap on the back using magnets. It is pretty much like the Tab S6 from last year. You also get the option two-piece keyboard accessory which is said to be improved for better typing and productivity.
Both the Tab S7 and Tab S7+ feature 120Hz HDR10+ panels. While the larger one features a 12.4-inch AMOLED panel, the smaller one comes with an 11-inch LCD panel. Qualcomm’s Snapdragon 865+ processor provides the performance juice and you can get it with up to 8GB of RAM and 256GB of storage with the option of adding a microSD card. The batteries are rated at 8,000mAh on the Tab S7+ and a massive 10,090mAh on the bigger tablet. You also get 45W fast charging on these. If you care for cameras on a tablet, both come with 13-megapixel and 5-megapixel dual cameras at the back and at the front you get an 8-megapixel camera.
Galaxy Buds Live
Samsung’s newest true wireless earphones, the Galaxy Buds Live are tiny little bean-shaped earbuds that go inside your ears offering active noise cancellation. These feature 12mm drivers that have been tuned by AKG and three microphones for improved voice calling. There’s Bluetooth v5.0 along with 60mAh batteries in each earbuds and a 472mAh battery in the case. Samsung claims up to a total of 29 hours of battery life and up to 8 hours per on the buds itself. These are IPX2 rated for water resistance along with touch controls, and a bunch of customisation through the bundled app. Other features include support for Samsung’s Bixby voice assistant and the charging case offers fast charging via the USB Type-C as well as Qi wireless charging.
Galaxy Watch 3
The newest smartwatch from Samsung, the new Galaxy Watch 3 continues to feature a round dial with a rotating bezel and of course, the Mystic Bronze colour scheme. It features a 41mm variant with a 1.2-inch 360 x 360 pixels Super AMOLED display and a larger 1.4-inch display on the 45mm variant having a similar resolution and protection by Corning Gorilla Glass DX. There’s a dual-core Exynos 9110 CPU, 1GB of RAM and 8GB of storage. It is compliant with MIL-STD-810G standards along with IP68 water resistance. Apart from various fitness tracking features and a heart rate sensor, the new Galaxy Watch 3 comes with a Blood oxygen (SpO2) sensor and support for blood pressure (BP) monitoring and electrocardiogram (ECG) readings. Samsung has also added a mic and speaker so you can now take calls directly from the watch.
The 41mm variant features a 247mAh battery and the bigger 45mm variant comes with a 340mAh battery. Rest of the features include Wi-Fi and Bluetooth v5.0 and there is an LTE model as well that offers eSIM support. Lastly Samsung has also included a new Trip Detection feature similar to the Apple Watch that can send a custom SOS alert to emergency contacts.
Galaxy Z Fold 2
Last, but not the least, the new Galaxy Z Fold 2. This is Samsung’s third foldable device and proper successor to the original Galaxy Fold. You get a similar tall design that opens to unveil larger display on the inside. This time Samsung has made some well-needed enhancements to make the displays sturdier and more durable as well as making the hinge more reliable. The outer display now measures at 6.2-inches while the inner display is now 7.6-inches and features 120Hz refresh rate, which is something to applaud here. The inner display now makes use of a folding, super-thin layer of glass instead of plastic and the device is overall slimmer and more robust. There is a new ‘Flex Mode’ that we saw on the Z Flip, while the hinge has also been reworked to offer better durability as well as includes a self cleaning mechanism that makes use of elastic fibers to keep the hinge clean.
Samsung Galaxy Note 20 is finally set to launch around the world, alongside a number of other Samsung devices. At tonight’s Galaxy Unpacked 2020, Samsung’s host of devices to be launched seemingly include the Galaxy Note 20 flagship smartphone, a second generation foldable phone (that reports suggest may be called Galaxy Z Fold 2), the Galaxy Watch 3 smartwatch, Galaxy Buds Live true wireless earbuds, and also its latest generation flagship tablet, the Galaxy Tab S7.
The event is one of the two big launch events that Samsung hosts each year, and is the first major event that Samsung is hosting online. The Galaxy Note 20 is expected to feature most of the flagship grade features that the Galaxy S20 series of smartphones came with, alongside bringing the productivity of the Samsung S-Pen. The next generation foldable phone is also expected to be more durable than its predecessors, and it will be interesting to see if Samsung manages to transition its foldable phone idea into more mainstream market segments. The smartwatch and the true wireless earbuds may be incremental improvements, while the new Galaxy Tab S7 will look to directly rival Apple’s top of the line iPad Pro devices.
Aug 5, 2020 7:28 pm (IST)
Aug 5, 2020 7:27 pm (IST)
Aug 5, 2020 7:24 pm (IST)
Interestingly, a large number of tablet-buying conversations start with “Hey, I’m thinking of buying an iPad…”
Will Samsung manage to convert that back to neutral ground? Seems a bit doubtful, but hey, never say never. ‾‾_(º-º)_/‾‾
Aug 5, 2020 7:21 pm (IST)
Also expected tonight is the Galaxy Tab S7, which Samsung may use to point crosshairs at the wide range of Apple’s iPads.
Aug 5, 2020 7:20 pm (IST)
We’re (obviously) expecting to see the Galaxy Note 20 in action tonight. Some of our industry friends expect to see a Galaxy S20 with the S-Pen, which is obvious too, since that’s what the Note lineup has always been.
Aug 5, 2020 7:16 pm (IST)
Hello, good evening and welcome to News18’s live coverage of Samsung’s big launch event for tonight, Galaxy Unpacked 2020!
The South Korean tech giant is also working on a new Velvet smartphone featuring the latest Snapdragon 690 5G Mobile Platform.
Last Updated: August 3, 2020, 11:53 AM IST
South Korean tech giant LG is planning to launch an affordable 5G device in markets like South Korea and the US in the second half of 2020. The company is looking ahead to strengthen its original design manufacturer (ODM) strategy and released a device that can be available to a larger market, reports Android Headlines. With the upcoming mass-market 5G smartphones, LG is trying to get the early mover advantage in the markets like the US and South Korea. The company is also working closely with chipset makers for offering best-in-class experience even on the affordable devices.
In addition, the company’s Mobile Communications division is working on improving the profitability of its business and becoming more competitive in the current market. Recently, LG Velvet 5G with Dimensity 800 SoC was spotted in a Google Play Console listing. The LG Velvet 5G launched earlier this year is one of the best mid-range 5G smartphones with a Snapdragon 765G SoC. Additionally, the company is also working on a new Velvet smartphone featuring the latest Snapdragon 690 5G Mobile Platform.
Global player spending in mobile games increased by 27 per cent year-over-year in the second quarter of this year to $19.3 billion even as game downloads in India increased by nearly one billion during the quarter, said a report by analytics firm Sensor Tower. From 1.8 billion game downloads in Q1, the figure rose by 50 per cent to 2.7 billion in India in Q2, the data showed.
Besides India, the other two top countries for downloads were the US and Brazil. Compared to the massive downloads generated in the last two quarters in India, the US accumulated more than 1.4 billion in both quarters. Brazil generated close to 1.1 billion installs in the first quarter of this year, with downloads surging nine per cent to 1.2 billion in the second quarter, Sensor Tower data showed. The peak for the revenue was in May this year, which generated $6.6 billion, registering a rise of 21.5 per cent year-on-year.
Titles such as Roblox from Roblox Corporation and Fortnite from Epic Games experienced a surge in popularity on mobile amid Covid-19. Globally, PUBG Mobile from Tencent was the highest-grossing game during Q2 2020, generating close to $621 million in the quarter.
That was down eight per cent from Q1 2020, when it generated $674.5 million. Fortnite was one of the top-grossing games on the App Store globally in Q2, with player spending rising 110.7 per cent quarter-over-quarter to $146.5 million. Pokemon GO from Niantic also saw a major revenue boost in Q2, rising 32.7 per cent quarter-over-quarter to more than $254 million in the quarter. In terms of revenue generation, the US ranked No. 1 in the first half of 2020, followed by Japan and China, said the report.
After going through disruptions in supply chain and curtailed domestic production, the India smartphone market is now showing encouraging signs of revival that sets it on a potential course for market recovery for over 40 per cent in the second half this year, according to a new report. Over the short-term, the mobile market will improve in mid-Q3, spurred by early online sales festivals, setting the smartphone market on a potential path to recovery towards the all-important festive season.
During this period, smartphone brands will focus on showcasing their consumer-centric value propositions, focusing more on hyperlocal delivery models, and launching more 5G-ready smartphones, according to market research firm CMR’s ‘India Mobile Handset Market Review Report.’ CMR’s current estimates point to better performance for the India smartphone market in H2 2020, with the market anticipated to recover by more than 40 per cent in comparison to the first half.
“As a consequence of the pandemic, Q2 2020 was, in essence, a lost quarter. While the mobile handset industry faced multiple challenges with respect to their supply and demand-side dynamics, the industry looks set on the path to a potential recovery in the coming months,” said Amit Sharma, Manager-Industry Intelligence Group, CMR. The initial consumer demand in the unlock phase was driven predominantly through online channels and driven by a need for urgent replacements.
“Facing up to the pandemic, smartphone brands debuted innovative hyperlocal delivery models, some of which have the potential to gain permanence,” Sharma added. The path to potential recovery will be led by pent-up consumer demand, driven by a need for upgrades. In the run-up to the festive season, consumers will seek to go for meaningful value propositions that bring devices and compelling content ecosystem offerings, together.
“This, coupled by smartphone brands bringing more value for money offerings and backed by aggressive messaging, will potentially drive the market,” said Sharma. Thus far, a key challenge for the smartphone market in India to grow has been the inability to offer value propositions that will help feature phone users to migrate to smartphones. “We believe recent announcements, such as the Jio-Google deal, augur well for the future of the mobile handset industry in India, and in potentially enabling the migration of feature phones to smartphone users, with its focus on driving affordability,” said analyst Anand Priya Singh.
The voluntary attrition in the company declined to 10.5 per cent in Q2 of this year, revealed Cognizant CEO Brian Humphries during an earnings call with investors.
Last Updated: July 31, 2020, 4:44 PM IST
As global software major Cognizant implements a programme to improve cost structure amid Covid-19 and optimises its team, the headcount of the company reduced by 10,500 in the second quarter of this year as compared to the previous quarter. As of June 30, the total headcount of the company stood at 2,81,200, from 2,91,700 employees on March 31.
The voluntary attrition in the company declined to 10.5 per cent in Q2 of this year, revealed Cognizant CEO Brian Humphries during an earnings call with investors on Wednesday. Humphries said that the company continues to deploy “much more of a performance orientation in the company, which means that we are now removing the underperformers on an annual basis.”
Cognizant also announced that Karen McLoughlin has decided to retire from the company after more than eight years as Chief Financial Officer and successful career in the company spanning almost 17 years. Jan Siegmund will serve as the new CFO of the company, effective September 1.
The Cognizant CEO also said that the company was looking to hire a new Managing Director for India who will represent its 200,000 employees in the country. In the second quarter of 2020, Cognizant reported revenue of $4 billion, down 3.4 per cent as compared to the year-ago period. voThe company said revenue across its business segments was negatively impacted by the Covid-19 pandemic and a ransomware attack, primarily in the month of April.
iPhone sales were $26.4 billion, iPad revenue was $6.6 billion while Mac revenue reached $7.1 billion, the tech giant said.
Last Updated: July 31, 2020, 11:10 AM IST
Beating the pandemic blues, Apple has posted $59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 per cent from the year-ago quarter, as iPhone sales beat the Wall Street estimates. Apple’s board of directors approves a four-for-one stock split, effective from August 31. International sales accounted for 60 percent of the quarter’s revenue. “Apple’s record June quarter was driven by double-digit growth in both Products and Services and growth in each of our geographic segments,” said Apple CEO Tim Cook.
“In uncertain times, this performance is a testament to the important role our products play in our customers’ lives and to Apple’s relentless innovation,” he said in a statement. iPhone sales were $26.4 billion, iPad revenue was $6.6 billion while Mac revenue reached $7.1 billion. Apple posted revenue of $6.5 billion in the Wearables, Home and Accessories segment while its Services vertical (App Store, Apple Music and iCloud etc) reached $13.2 billion in sales. The solid results took Apple stock up to as much as 6.3 per cent in extended trading, pushing the stock above $400 for the first time.
“Our June quarter performance was strong evidence of Apple’s ability to innovate and execute during challenging times,” said Luca Maestri, Apple’s CFO. “The record business results drove our active installed base of devices to an all-time high in all of our geographic segments and all major product categories. We grew EPS by 18 per cent and generated operating cash flow of $16.3 billion during the quarter, a June quarter record for both metrics,” Maestri informed. Following last quarter’s lead, Apple didn’t provide guidance for the September quarter.
Apple has confirmed that it will be launching the 2020 line-up of the Apple iPhones a bit later this year. Instead of the September launch as it happened in the previous years, Apple says the new iPhone line-up will be delayed by a few weeks. This confirmation came as Apple reported the Q3 2020 results. The company posted quarterly revenue of $59.7 billion, which is an increase of 11 percent from the same quarter a year ago. Apple says they saw double digit growth in the June quarter for Products and Services.
It is not clear whether the delay in the launch of the iPhone line-up for 2020 is because of supply delays or logistical constraints. “Last year we started selling new iPhones in late September, this year we expect supply to be available a few weeks later,” said Apple CFO Luca Maestri, during the earnings call. Earlier this week, chipmaker Qualcomm during their quarterly earnings call had also hinted at delays when they said phones expected to launch around September this year may now be delayed as far as December.
More iPhones were sold in the Q3 2020 period, clocking $26.41 million in net sales, up from $25.98 million in same quarter last year
Apple and Qualcomm made peace last year after a long-drawn legal battle which ended with a $4.5 billion settlement. That means Qualcomm will again supply 5G modems for the next line-up of 5G capable iPhones. It is expected that some, if not all, of the 2020 line-up of Apple iPhones will use Qualcomm’s 5G modems.
Apple usually launches the annual line-up of iPhones in September, and ships devices to certain parts of the world before the end of the month. As of this moment, it isn’t clear whether Apple is indicating at delayed shipping or a delayed launch itself. Apple may very well go ahead with unveiling the iPhones in September as usual, but shipping may be delayed into October or beyond.
During the quarterly earnings call, Apple CEO Tim Cook also spoke about Apple’s new $100 million Racial Equity and Justice Initiative as well as commitment to be carbon neutral by the year 2030. “We’re living the principle that what we make and do should create opportunity and leave the world better than we found it,” he said.
During Q3 2020, which was largely impacted by the COVID, or Coronavirus pandemic, Apple says they clocked a significant increase in revenue from products and services. Apple’s net product sales, which includes iPhones and the Mac line-up of computing devices, as well as services including Apple Music and iCloud, clocked $59.68 million in sales, up from $53.8 million in the same quarter last year.
More iPhones were sold in the Q3 2020 period, clocking $26.41 million in net sales, up from $25.98 million in same quarter last year. Macs also saw a surge in sales clocking $7.07 million in total sales, up from $5.82 million. The iPads, wearables, home accessories and services all saw a significant increase in sales as well in the quarter.
@media only screen and (max-width:740px)
.quote-boxfont-size:18px; line-height:30px; color:#505050; margin-top:30px; padding:22px 20px 20px 70px; position:relative; font-style:italic; font-weight:bold