Worldwide Wi-Fi voice over IP (VoIP) handset revenue totalled $54.7 million in 2004 and the number of units shipped reached 143,000, according to a new report from Infonetics Research. It also predicts strong growth at least through to 2009 as steady adoption of voice over Wi-Fi continues. Infonetics has found that worldwide dual-mode Wi-Fi/cellular handset revenue hit $6.7 million in 2004, adding that Wi-Fi capability will eventually become a common feature in mobile phones, just as it is becoming standard in laptops today. Although Wi-Fi VoIP handsets represent a small market at present, it has great potential. In logistics and healthcare verticals in particular, voice over wireless local area networks is already gaining momentum and is likely to become widespread throughout the enterprise as VoIP and wireless LAN adoption continue. The Infonetics report suggests that there is potential for enormous growth in the consumer space, as VoIP services and wireless gateways are bundled with a broadband connection. It says that more dual-mode Wi-Fi/cellular handsets will reach the market, enabling enterprise users to roam across 3G networks, home networks, corporate wireless LANs, and Wi-Fi hotspots.
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