At the IBC show in Amsterdam last week, set-top box manufacturer, Humax, launched its first portable multimedia player (PMP), the Portable PVR HUP-1000. The small-footprint device (20mm thick and weighs less than 300g), which features a 4.3-inch LCD display with 16:9 ratio widescreen, allows end-users to store and watch movies; download and play music and videos; record and play back TV programs, using built-in PVR capabilities; and view digital photos. According to Humax, features of the new box include: a long-life battery, that allows end-users to view two movies or listen to 150 songs back to back and that can be charged via USB, a car adapter or an AC adapter; a mini-B USB device port with USB cable; AV Out to connect it to a TV or set-top; stereo sound; headphones and headphone socket; and 480x272xRGB pixel resolution.
As an independent advisory consultant with experience across the technology sector, I've observed the transformative impact of artificial intelligence (AI) on various industries across the globe. The recent IDC market study of AI in Europe provides valuable insights. The forecast AI spending in Europe will reach $133 billion by 2028, with a compound annual growth rate (CAGR) of 30.3 percent, underscores the significant momentum behind AI adoption. This substantial investment reflects the increasing recognition of AI's potential to enhance productivity, drive innovation, and create new business model opportunities. Generative AI Market Development While AI itself is not a new concept, the emergence of Generative AI (GenAI) has catalyzed a new wave of excitement and investment. GenAI's ability to create content, from text to images and even code, has captured the imagination of businesses and consumers alike. The IDC market study highlights the exceptional growth expected in...