The European Commission decided to make available a substantially greater amount of radio spectrum in the 5 GHz range throughout the European Union for Wi-Fi. The Commission decision, which is to be implemented by Member States by 31 October 2005, makes two specific frequency bands (5150-5350 MHz and 5470-5725 MHz) available in all Member States for wireless access systems. A large amount of flexibility is provided with respect to what type of service or network topology the technology is used for. The decision also introduces spectrum management approaches, by requiring the application of "intelligent" techniques to protect other radio spectrum users against harmful interference, such as military radar and satellite services. Other major markets, such as Japan and the US, are implementing similar rules for the 5 GHz bands based on- the outcome of the World Radiocommunications Conference 2003. A large market in the EU will encourage other countries to align themselves to the same specifications.
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