In 2023, the global functional safety market was valued at $6.12 billion, and it’s projected to grow at a compound annual growth rate (CAGR) of 6.3% through 2030. This rapid growth is fueled by the increasing reliance on automation across industries and a heightened focus on workplace safety.
Product due diligence is the foundation of a successful product strategy, minimizing risks and ensuring a good product-market fit. Learn more about the process.
According to a KPMG survey, 61% of people are wary of trusting AI systems. This skepticism stems from phenomena like AI hallucinations, where AI models produce inaccurate or completely fabricated information.
The importance of emotional rapport, data and analytics, and ESG: Improving customer experience to accelerate business growth. Almost 90% of customers say that the customer experience (CX) a company provides is equally important as the quality of its services and products.
By 2025, Gartner predicts that connected cars will represent an estimated 30% of all cyberattacks targeting enterprises. This includes attacks on automotive systems, potentially leading to breaches of safety-critical functions.
For a long time, companies have looked at time-to-market as crucial for gaining competitive advantage. But is speed alone really enough?
Discover how to factor in the nuances and hidden costs when evaluating software ROI and boost software development profitability in your organization.