Artificial Intelligence in sports is becoming the newest frontier for investment & innovation of novel technology — Key Takeaways The global artificial intelligence market in sports is projected to grow to $3.6 billion by 2027 at a CAGR of 32.8% AI in sports can help facilitate fan relationship management, news & content, media rights, merchandising, and team management processes like athlete training, nutrition, and game plans

Innovative drone technologies are here to help feed a growing population and combat climate change. — For our last technology in our agtech series, we will be taking a look at agricultural drones, which stand to upset many long-held practices for the sake of efficiency and crop yield. By 2050, it is estimated the global population will be over 9 billion, driving food demand higher by…

With significant investment and innovation happening with Chatbots, the takeover of this technology online and in our homes has only just begun. — In previous blog posts, we have discussed the promise of Natural Language Processing (NLP) becoming a modern tool for answering increasingly complex questions posed by the exponential growth of raw, unstructured data in our digital world. NLP, metaphorically speaking, serves as a key to unlock the modern computer’s ability to…

Data is the new gold, though it would be impossible to capitalize on its value without the innovation and investment happening in artificial intelligence. — Data is the new gold, some say. Others say it is even more valuable than gold. With a supply that has been growing exponentially over the past decade, data and data management have become increasingly important areas of focus for businesses, particularly regarding how they can be leveraged to increase…

Though it may seem strange today, estimates suggest that cultured meat could make up 35% of all meat produced by 2040. — What Is Cultured Meat? In February 2016, the Food and Drug Administration approved the first cultured beef product for human consumption, a hamburger that was made by food technology company, Memphis Meats. Memphis Meats’ burger is the first product made from cultured beef to reach consumers, but it won’t be the last. Cultured meat…

Innovation, demand, and COVID-19 have all set the stage for semiconductor technology to evolve for the next generation of devices. — Deep in your device that you are using to read this post are a variety of integrated circuits, moving electricity at about 90% of the speed of light to show you the information that is currently on your screen. These circuits are the brain of all your digital communication, social…

Competitive R&D programs are necessary to be relevant in an innovative economy. — Key Takeaways Global investment into R&D has been growing by roughly 4% annually over the past decade, with $2.4 trillion projected in 2021. Understanding trends and performance in R&D requires metrics (R&D Intensity, Number Of Researchers, Triadic Patent Families) and perspectives beyond gross R&D spending. As technologies grow more complex…

Emergent technologies within the microelectronics market are pushing the space to new heights, seeing both high growth and adoption. Key Takeaways: The growth in the antenna, wearable, and semiconductor market is heavily driven by increasing consumer demand for more efficient electronic devices. Firms operating in microelectronic markets invest in R&D…

During the pandemic special acquisition companies, or SPACs, have been a point of controversy for some. For others, it has been a means to propel climate technology into the future. — One of the hottest trends of 2020 was the rise of the Special Purpose Acquisition Company, or SPAC. A SPAC is a shell company created for the purposes of raising money via an IPO in order to later acquire or merge with a private company, taking the targeted private company…