The consumer electronics (CE) market is a bright spot for 1394, a high-speed serial bus specification, also called Firewire or i.Link, that is battling with competing technologies in several markets, reports In-Stat. 1394a has increasing penetration in digital television, set top box, and portable digital audio player markets. The CE segment is forecast to be roughly equal to the PC segment in 2005 unit shipments, and will move well past it in 2006. The prospects for the technology in the computer market will be mixed. "PCs will be driven by the notebook category," says Brian O'Rourke, In-Stat analyst. "1394 will also grow in consumer desktops, but remain nearly non-existent in commercial desktops. Overall, PC peripheral growth will be negative, as high-speed USB dominates the segment." Report highlights include: The 1394c specification is close to completion. It is an attempt to jump-start 1394 as a networking technology, where it has had trouble gaining acceptance. Devices with Wireless 1394, a specification to transmit 1394 wirelessly over Ultra Wideband, should begin to hit the market in 2006.
Artificial intelligence (AI) has emerged as a transformational force, reshaping business processes and unlocking new possibilities for efficiency and innovation in corporate finance. The latest Gartner survey on AI usage in finance provides evidence of this emerging trend, offering valuable insights into the future growth trajectory of AI in finance. The Gartner survey reveals a significant milestone. As of 2024, 58 percent of finance functions actively use AI technology -- that's a substantial increase from previous years. Artificial Intelligence Market Development Perhaps even more telling is the projection that by 2026 more than 80 percent of finance functions are expected to be leveraging AI solutions. The survey sheds light on the use cases of AI in finance: AI is being deployed to enhance forecasting accuracy and provide deeper insights into financial trends. Automation of routine tasks and improved accuracy in financial reporting are key benefits observed. AI algorithms are