IBM and Riken unveil first IBM Quantum System Two Outside of the U.S.
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Yahoo
6 hours ago
- Yahoo
GDPR Services Market Report 2025: Valued at $3 Billion in 2024, the Global Industry is Forecast to Reach $16.8 Billion by 2033
The rise in data breaches and stringent global data protection regulations are propelling demand. Key players like IBM and Microsoft lead, with Europe as the top market. GDPR Services Market Dublin, July 02, 2025 (GLOBE NEWSWIRE) -- The "GDPR Services Market Report by Offering, Deployment Type, Organization Size, End User, and Region 2025-2033" has been added to global GDPR services market size, having reached USD 3 Billion in 2024, is poised for significant growth, projected to hit USD 16.8 Billion by 2033. This translates to a robust CAGR of 20.05% during 2025-2033. The market expansion is primarily fueled by the increasing frequency of data breaches, heightened consumer awareness about data privacy rights, and stringent international data protection regulations. GDPR Services Market Analysis: Market Growth and Size: With a rise in data breaches and stringent data regulations, the demand for GDPR services is surging as businesses aim to protect consumer data and maintain trust. Technological Advancements: Innovations in AI-driven compliance tools and automated data protection solutions are streamlining GDPR services, attracting widespread business adoption. Industry Applications: Key sectors adopting GDPR services include healthcare, finance, and e-commerce, driven by compliance needs and consumer trust-building efforts. Geographical Trends: Europe retains market leadership due to GDPR's foundational role in data protection laws globally, while North America shows fast-growing interest, spurred by rising compliance demands. Competitive Landscape: Major players in the market are expanding service offerings, including data encryption, consent management, and audits, to meet diverse compliance needs. Challenges and Opportunities: Although regulatory complexities pose challenges, comprehensive GDPR solutions offer growth opportunities, especially for firms expanding into new markets. Future Outlook: The future is promising, with tighter regulations and elevated data privacy requirements driving the market, favoring companies offering comprehensive compliance solutions. GDPR Services Market Trends Increasing data breaches and cybersecurity concerns: The spike in cybersecurity incidents highlights the necessity of robust data protection, prompting businesses to invest in GDPR services. This investment, focusing on data encryption and access controls, is crucial for maintaining data security and public confidence. Consumer privacy awareness and expectations: As consumer understanding of data privacy deepens, businesses are compelled to ensure compliance and transparency, using GDPR services to safeguard their reputations and align with consumer expectations. Stringent data protection regulations: Global regulations like GDPR are forcing businesses into compliance, driving demand for GDPR consulting and technology solutions. Globalization of businesses and cross-border data flows: With businesses expanding internationally, complying with different data laws is essential. GDPR services help navigate this complex regulatory environment. GDPR Services Market Segmentation Breakup by Offering: Data Management Data Discovery and Mapping Data Governance API Management Data management holds the largest market share, essential for GDPR compliance. Breakup by Deployment Type: On-premises Cloud-based Cloud-based solutions dominate, favored for their scalability and flexibility. Breakup by Organization Size: Large Enterprises Small and Medium-sized Enterprises Large enterprises lead due to complex compliance needs and resource availability. Breakup by End User: BFSI Retail Healthcare Education Manufacturing Government and Public Sector Others The BFSI sector leads, reflecting the critical need for data security in finance. Breakup by Region: Europe is at the forefront due to GDPR's influence, while North America and the Asia-Pacific are experiencing rising demand. Regions like Latin America and the Middle East/Africa are emerging with growing GDPR compliance needs. Leading Key Players in the GDPR Services Industry: Absolute Software Corporation Amazon Web Services Inc. Capgemini SE International Business Machines Corporation Informatica Iron Mountain Inc. Micro Focus International PLC Microsoft Corporation Oracle Corporation Proofpoint Inc. SAP SE Trustwave Holdings Inc. Veritas Technologies LLC Key Attributes Report Attribute Details No. of Pages 147 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $3 Billion Forecasted Market Value (USD) by 2033 $16.8 Billion Compound Annual Growth Rate 21.1% Regions Covered Global For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment GDPR Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Business Insider
a day ago
- Business Insider
Here's How IBM's Small AI Vision Model Outperformed OpenAI and Google (GOOGL)
IBM's newest AI model, Granite Vision 3.3 2B, earned second place on the OCRBench leaderboard, which made it the best-performing multimodal model with fewer than 7 billion parameters. This is part of IBM's bigger plan to develop AI models that understand the world through multiple senses. Indeed, Granite Vision is designed to understand visual data such as charts, tables, handwritten notes, and images in documents, which are the types of things many people interact with at work every day. This comes after its new speech recognition model also showed impressive results. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. To test how well these models understand visual content, the AI industry uses a benchmark called OCRBench. It measures how accurately a model can read text, recognize key information, understand math written by hand, and answer detailed questions about what it sees. Each model is tested with 1,000 questions, where every answer must contain at least four symbols to make sure the results are meaningful. Granite Vision 3.3 2B performed especially well in reading handwritten math and answering scene-related questions. It even outperformed larger models from companies like Google (GOOGL), OpenAI, and Meta (META), which demonstrates just how effective IBM's training approach was. Interestingly, IBM made key updates to this version of Granite Vision. In fact, the team added a new encoder and trained the model using more document-focused examples that were specifically chosen to match IBM's business needs. Researcher Rogerio Feris explained that the model is not only powerful but also small and efficient, therefore making it easier and cheaper to use. Looking ahead, the IBM team believes that models like Granite Vision could begin to reason and act on visual information without detailed instructions. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on seven Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $269.46 per share implies 8.6% downside risk.
Yahoo
2 days ago
- Yahoo
Oracle Stock Climbs on Multi-Billion Dollar Cloud Breakthrough
June 30 - Shares of Oracle (NYSE:ORCL) climbed more than 5% to an all-time high Monday after a regulatory filing revealed a cloud services agreement projected to bring in over $30 billion annually beginning in fiscal year 2028. Warning! GuruFocus has detected 10 Warning Signs with ORCL. The filing, submitted to the U.S. Securities and Exchange Commission, indicated that CEO Safra Catz is expected to highlight the deal during a company-wide meeting later in the day. While details about the client or contract length were not disclosed, the filing emphasized the scale and future revenue impact of the agreement. Catz noted in prepared remarks that Oracle is starting fiscal 2026 on strong footing, citing continued momentum in its MultiCloud database business, which is growing at a rate of more than 100% year-over-year. The large-scale agreement is one of several signed in recent months, but it is not expected to impact current fiscal guidance. Oracle has gained more than 33% year to date, boosted by demand for cloud infrastructure and artificial intelligence technologies. The company recently launched major AI initiatives, including its Stargate project with OpenAI and SoftBank, and a separate collaboration with IBM (NYSE:IBM). The new deal reinforces Oracle's long-term growth trajectory as it deepens its footprint in cloud services. This article first appeared on GuruFocus.
