According to a Telecompaper research study, at the end of Q1 2005 there were 158 million broadband subscribers with tens of thousands more signing-up for service everyday. �World Broadband Q1-2005� shows that the Asia-Pacific is the world�s biggest broadband arena with more than 61 million subscribers and a 39 percent share of the global broadband market. For the first time, Europe has overtaken the Americas to become the world�s second-largest broadband market, with 47.95 million subscribers and a 30 percent market share. The Americas have dropped back to third place with 47.53 million subscribers. In fourth place is Middle east/Africa with just 1.59 million subscribers. Globally, Q1 2005 saw 13 million new subscribers signing-on for broadband services, six million of them from Europe. However, the Middle East/Africa market is actually the fastest growing sector, putting on 17.7 percent in the quarter. Regarding individual countries, South Korea, with 11.85 million subscribers (equating to 23.92 connections per 100 inhabitants) is still the number one market. Second is the Netherlands with 21.13 connections, and Third is Denmark with 21.12 connections.
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