Tag: IDTechEx

Channel should look at AI in medical diagnostics

Posted on October 21, 2020 by - News

The impending technological developments of AI in medical diagnostics over the next decade could be a real money spinner for the channel, according to an IDTechEx report.

The report claims that image recognition AI has the potential to revolutionise medical diagnostics. In addition to enabling early disease detection and even the possibility of prevention, it can enhance the workflow of radiologists by accelerating reading time and automatically prioritizing urgent cases.

The report with the title “AI in Medical Diagnostics 2020-2030: Image Recognition, Players, Clinical Applications, Forecasts” said that to enable efficient analysis of patient scans, image recognition AI software should be able to combine and interpret data from different imaging sources to gain a better perspective of the patient’s pathology. This could generate deeper insights into disease severity and progression, thereby providing radiologists with a higher level of understanding of the condition of patients.

The next evolution of the electricity grid could be big for tech

Posted on October 2, 2020 by - News

The electricity market is evolving to allow a higher integration of variable energy sources and a new class of devices is approaching the market to satisfy this necessity.

In a report released by IDTechEx: “Potential Stationary Energy Storage Device to Monitor”, the emerging class of energy storage devices, characterized by long storage duration and MW size power output, are investigated.

While existing energy storage devices are already populating the market, from Li-ion batteries to pumped-hydro energy storage, this new class of storage technologies will aim to complete the puzzle of the energy storage market.

Pushed from the electrification of the automotive sector, Li-ion batteries have been deeply investigated in the last decades and are currently the standard choice for short and medium-duration storage.

Machine learning needed by chemical and materials companies

Posted on July 22, 2020 by - News

Materials scientists and chemists will need machine learning tools to enhance their R&D, according to an IDTechEx report, “Materials Informatics 2020-2030”.

The report said that integrating these underlying operations will not happen quickly, but overlooking the developments in materials informatics will lead to a loss of any competitive advantage.

The report said that Materials informatics (MI) apply data-centric approaches to materials science and certain chemistry R&D.  This will be a common method in a research scientist toolkit, and rather than grabbing the headlines, some form of MI techniques will be assumed in all developments.

VR and AR headsets could be a money spinner

Posted on May 24, 2017 by - News

 

il_570xN.258852595Beancounters at research house IDTechEx says the market will reach $37 billion by 2020.

AR, VR and mixed reality headsets should grow in the consumer, education, construction and medical sector.

IDTechEx has predicted that the market will grow by more than tenfold over the next decade, from $3.4 billion to $37 billion.

Its research looks at not only AR, VR and mixed reality devices, but also devices labelled under other terms including ‘annotated reality’ and ‘augmented vitality’.

IDTechEx principal analyst Dr Harry Zervos said that the devices are categorised hinges on how much of the real world is allowed to come through the headset.

“A pure VR headset blocks out reality completely, while an AR one will only superimpose additional information, without obstructing the wearer’s view of the real world at all,” he said.

“What the future is bringing is a spectrum of eye-worn devices with varying amounts of reality and virtuality thrown in; for instance, a VR headset with a front facing camera can instantly become an AR headset, as it allows the wearer a full view of the real world, albeit through a display.”

According to Zervos, the market will be propelled in the short term by growth of VR devices that are tethered to an external PC.

“From 2021 onwards, growth will be transferred to standalone AR, propelled forward by the launch of high performing headsets and reduced power consumption that will lead to longer battery life and independence from the grid. Standalone VR will also make its mark, although its exact value proposition is not fully clear or even distinctly separate from standalone AR.”