PanAmSat is joining forces with KenCast and Trinity Workplace Learning in the US to demonstrate what is claimed as the first satellite-delivered live video to handheld devices. The move positions PanAmSat in a race against Qualcomm and Crown Castle who are planning similar services. This week, PanAmSat demonstrated a live video stream from Trinity's facilities in Dallas, TX uplinked to PanAmSat's Galaxy 11, then encoded and transcoded by Kencast to handheld devices at a Vancouver trade show via WiMAX. "Satellite-delivered WiMAX technology is the future for handheld devices such as smartphones and laptops," said Bruce Haymes, senior vice president, Business Development. "WiMAX will also enable the delivery of IPTV throughout the US as well as being integrated into our satellite news gathering or SNG services. We are very excited to show the possibilities of WiMAX on our Galaxy 11 satellite." The demonstration provided live delivery of 10 streaming video channels. Two will be provided by Trinity, including a live feed of its Law Enforcement as well as its Fire and Emergency Training Network. By providing wireless broadband access, emergency personnel such as firefighters and police officers can be in immediate contact with a crisis situation.
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