openPR Logo
Press release

The Global AI Company Rally is Continuing: +30,02% in Q1/2019. What’s next in AI?

The expert members of the AI-42 Index Rebalancing Committee Meeting got together and conducted the quarterly review of the AI-42 INDEX™ constituents, discussed the latest Artificial Intelligence trends and shared market insights from their delegation visit to China.

The AI-42 INDEX™ grew +30,02% this year
The rise of AI companies globally is continuing, with the AI-42 INDEX™ Q1/2019 closing at 10.677,55 points, an increase of 2.465,24 points (+30,02%) since the beginning of this year. The index, which is expressing the global growth of the 42 top public companies in the field of Artificial Intelligence, grew +127,53% since January 3rd 2017.

Cyber-Security one of the strongest segments
The cyber-security sector continues to lead the most promising growth class. More and more devices are being connected with each other due to the trend of IoT (“Internet of Things”), it is becoming more and more challenging to provide the necessary security systems, especially for private individuals. The race against cyber threads is fuelled by upcoming new technologies, especially with Quantum computing coming soon.

Is China becoming the AI Superpower?
China is continuing to put massive efforts into becoming their self-declared goal of being the “AI Superpower”. Our expert team visited some of the most promising AI companies in China to get more insights into the status quo. One of the biggest advantages of China is the availability of data. With almost no privacy restrictions in place, the local AI companies are able to obtain millions of visual datasets, collected from CCTV systems all around the cities. This allows them to create unparalleled computer vision related machine learning applications like facial and emotion recognition.

“China’s AI presence in Western media is generating both alarm and acquiescence. The danger is that this can lead us to over and/or underestimate what is happening on the ground across China. Sticking to the facts, it was only in May 2017 when China’s Ministry of Science and Technology announced its decision to add AI 2.0 to the line-up of the planned Science and Technology Innovation 2030 Megaprojects. The overall initiative was launched as part of the 13th Five-Year National Science and Technology Innovation Plan, including (amongst others) robotics, big data and intelligent manufacturing.“ says Mike Halsall, Expert Member of the Advisory Board of 42.

The Rise of the Digital Twin
Another trend, the notion of a Digital Twin, is now being widely adopted. It is rapidly becoming the technology of choice for virtualizing the physical and digital worlds. Similar to the evolution of AI, the notion of Digital Twin began around 60 years ago, in the pioneering era of the space exploration. At that time, the US National Aeronautics and Space Administration (NASA) was grappling with the challenge of designing objects that could travel so far away they would be beyond the human ability to see, monitor or modify them directly. NASA's innovation was the “digital twin” of a physical system – a comprehensive digital double which people could use to operate, simulate and analyse an underlying system led by physics.

„Digital Twins strengthen the “human front-end” of all we do, making it more dynamic, faster learning, and also highly interactive. Furthermore, they offer excellent opportunities to investigate the unexpected and discover the very best solutions – true to the motto “It is not the technology that changes the world but the way people use it”.
“, explains Jivka Ovtcharova, Expert Member of the Advisory Board of 42.

As simulations of – especially – real live environments is an extremely complex task, AI is empowering this trend.

--end--

The AI Analyst™, a AI market intelligence platform, is based on years of data collection from a multitude of data sources and allows customers to systematically scan the universe of AI companies for the best investment opportunities. A comprehensive network of experts - from AI scientists to financial market specialists - allows 42 to add human intelligence to the data. 42 is also the creator of the two main Artificial Intelligence indices, the AI-42 INDEX and the AI-42X INDEX, expressing the growth of public and private AI companies. 42 is based in London.

AI-42 Market Intelligence Ltd.
3rd Floor, 120 Baker Street
London, England, W1U 6TU
Great Britain
e-mail: press@42.cx
phone: +436642631771

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Global AI Company Rally is Continuing: +30,02% in Q1/2019. What’s next in AI? here

News-ID: 1733183 • Views: 245

More Releases from AI-42 Market Intelligence Ltd.

AI-42 Market Intelligence Special Report: NVIDIA
LONDON, June 14th 2019: AI-42 Market Intelligence Ltd. is the leading research, advise and market intelligence provider for financial institutions in the area of Artificial Intelligence. As an independent authority AI-42 classifies the AI market and constantly monitors 11.000+ companies in the field of Artificial Intelligence. AI-42 issues Market Intelligence Special Reports to different topics about the AI industry. NVIDIA (NASDAQ: NVDA) share price slumped to half the value from its

More Releases for China

China Attestation
China is a growing Asian country and day by day many people migrate into the country for pursuing their personal needs. But going into China is not an easy task, we have to face some legal steps ahead. Let us define all this legal action in a single word China attestation. China government placed its embassies all over the world for ensuring the trustworthiness of the immigrant’s certificate. There
Packaged Water in China
ReportsWorldwide has announced the addition of a new report title Packaged Water in China to its growing collection of premium market research reports. Packaged Water in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis
Telecom Cloud Billing Services Explore In Regions (South China, East China, Sout …
Big Market Research has added a report, titled, “China Telecom Cloud Billing Services Market Size, Status and Forecast 2022.” The report offers an extensive information and analysis of sales, production, revenue, key manufacturers, drivers & opportunities, and competitive scenario. Moreover, current industry trends and growth prospects are explored along with thorough analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. The research also offers insights
Restaurant Markets in China
China’s demand for Restaurant has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China’s economic trends, investment environment, industry development, supply
China Apparel Industry Analysis
RNCOS has recently added a new Market Research Report titled, “China Apparel Industry Analysis” to its report gallery. In China, the apparel industry has been witnessing a significant growth for the past few years, with a rise in the domestic market and increase in exports. Government initiatives, rising investments, and private players’ active participation have taken the Chinese textile and apparel industry to new heights. According to our latest research