Sony Unveils Latest Robotics for Remote work, Big Data Security Market Expected to Reach USD 64.74 Billion by 2028, and more!

Big Data Security Market Expected to Reach USD 64.74 billion by 2028

(USA) The growing trend of outsourcing services is moving the industry forward. According to a new analysis by Reports and Data, the worldwide Big Data Security market is expected to reach USD 64.74 billion by 2028. The growing tendency of outsourcing services will increase demand for data security services. The popularity of bring your own device (BYOD) services has gradually increased the amount of data generated daily. The growing worry about false data generation poses a serious challenge to big data operational security. This can result in a failure to notice trends and problems to tackle. Such problems can be overcome by employing a fraud detection strategy. Once the data is collected, it is subjected to parallel processing, which may be accessed by any outsider who can change the settings of the existing mappers or introduce "foreign" ones. This can effectively destroy data processing and sensitive information.

Athinia to Accelerate the Use of AI and Big Data to Solve Critical Semiconductor Challenges

(Germany) Merck KGaA, Darmstadt, Germany, a leading science and technology company, and Palantir Technologies Inc., a leading builder of operating systems for the modern enterprise, announced a new collaboration today to deliver a secure collaborative data analytics platform for the semiconductor industry. The Athinia platform will use AI and big data to address crucial issues such as chip shortages, supply chain transparency, and speed to market. As CEO of Athinia, Laura Matz, Chief Science and Technology Officer of Merck KGaA in Darmstadt, Germany, will manage the relationship. Athinia will bring together semiconductor makers and materials suppliers to share, collect, and analyze data in order to maximize efficiencies. The platform will also allow industry participants to gain a better understanding of the relationship between materials and processes at semiconductor production plants.

Sony Unveiled Recent Robotics for Remote Work

(Japan) Sony Group has unveiled its latest robotics and other technologies for use in factories and retail locations. The goal is to address the demand for remote-control devices in response to the coronavirus epidemic. The robot is equipped with sensors that can identify the distance to an object as well as its surface condition. Conventional robots require pre-programmed data, such as an object's shape and weight.

Based on information from sensors, the new model can instantaneously alter its grip. That implies the robot can grab soft and delicate objects such as flowers and cakes. This could come in handy when organizing things for store displays. Sony is already a sensor developer for smartphone cameras. It intends to use the technique on its most recent robot. As the pandemic persists, this could lead to new ways of working remotely.

Reveleer Raises $65 Million for a Payer-Focused Data Dnalytics Platform and Aims to Acquire Interoperability and NLP Tools

(USA) Reveleer, a cloud-based platform that assists payers in analyzing member and provider data, has raised $65 million in new funding. By leveraging machine learning, the company enables government-sponsored payers to manage risk adjustment and quality improvement in-house by leveraging machine learning to streamline the process of gathering member data and improving outcomes. Previous investors, Upfront Ventures and Boston Millenia Partners, joined Oak HC/FT in leading the round.

In an interview with Fierce Healthcare, Jay Ackerman, president and CEO of Reveleer, claimed that the process of payers gathering clinical data from providers is "inefficient, redundant, and generates a lot of friction for providers."

IoT Platform Developer Secured $20 Million in Funding for Device Digital Twins

(USA) Ayla Networks has raised $20 million in funding to extend its digital twin product, which enables suppliers to optimize their IoT devices. According to company officials, the investment will be utilized to strengthen Ayla's strategic presence in major IoT markets through a combination of product innovation, sales, marketing, and regional expansion. Arrowroot Capital, Trinity Power Limited, Voyager Capital, and SJF Ventures are among the investors in the growth equity round.

"Over the last several years, the IoT market has experienced incredible momentum, particularly for everyday consumer use cases, and we wanted to leverage that long-term trend." said Thomas Oh, vice-president at Arrowroot Capital, who will join the Ayla board of directors as a result of the transaction.