The state of AI acquisitions 2021-2023: Big Tech leading the charge
- AI
- Artificial Intelligence
- Acquire
- Acquisitions
- Deals
- M&A
This report focuses on analysis of Artificial Intelligence (AI) acquisitions completed between January 2021 to December 2023. A total of 461 AI deals have been analysed during this period based on the deal count, deal value, sector, geographies of the buyer and target company, and the focus area of the acquisition.
- Accenture
- Accolite Digital
- Airbnb
- Alphabet
- Alphawave IP Group
- Alter
- Apple
- Applica
- Arcion
- Arq Group
- Attain
- Banias Lab
- BD
- Becton
- Dickinson and Co.
- Bio Pharmaceutical New Technologies (BioNTech)
- Bionic.ai
- Blue Yonder
- BYJU’S
- Capgemini
- Casetext
- Chorus.AI
- Cloudmed
- Cobwebs Technologies
- Corvus Insurance Holdings
- Inc.
- Crowdstrike
- Databricks
- Datasys Group
- Inc.
- DiA Imaging Analysis
- Digital Ocean
- DoubleVerify
- Francisco Partners and TPG
- GamePlanner.AI
- GeoPhy
- Ginkgo Bioworks
- Hyperconnect
- InstaDeep
- Light Years Beyond
- LoopMe
- Match Group
- Maximus
- Mayfair Equity Partners
- Meituan
- Microsoft
- Mode Analytics
- Mosaic ML
- Motion Metrics
- MTS AI (Intema)
- Myst AI
- Naver
- NCS Group
- Neeva
- Neptune Wellness Solutions Inc.
- Netcore Cloud
- New Mountain Capital
- New Relic
- NextGen Healthcare
- NRG Energy
- Nuance Communications
- PAIR Finance
- Panasonic
- Paperspace
- Parata Systems
- PenLink
- Pollen Street Capital
- Poshmark
- R1 RCM
- Royal Philips
- Scholr
- Scibids Technology
- Siemens
- Sisu Data
- Snowflake
- Telus International
- The Travelers Companies
- Inc.
- Thoma Bravo
- Thomson Reuters
- Thoughtspot
- Unbxd Inc.
- Vision Labs
- Vivint Smart Home
- Walker and Dunlop
- Weir Group
- Willow Tree
- ZoomInfo
- ZS Associates
- Zymergen
Growth in Artificial Intelligence forces vendors to refocus on sustainability
- Artificial Intelligence
- AI
- Machine Learning
- ML
- chatbots
- LLM
- generative AI
- sustainability
- data centre
- data center
- AI training
- AI inference
- large language models
- carbon emissions
- nuclear energy
- power purchase agreements
- natural language processing
- image generation
- power usage effectiveness (PUE)
- water usage effectiveness (WUE)
- Ireland
- renewable energy
- net zero
- graphic processing units (GPUs)
- ChatGPT
Artificial Intelligence (AI) is a rapidly developing technology with a widespread impact. Its implementation can be seen all around us from chatbots to autonomous vehicles. AI developments are on course to improve operational efficiency, bring labour productivity, and boost economies. However, the negative environmental impacts of AI are often hidden from public view and the technology can have socioeconomic and sustainability implications and hinder the clean energy ambitions of tech giants. Google and Microsoft, both have reported a significant surge in their carbon emissions in the last five years, largely attributed to increase in their data centre energy consumption as a consequence of infusing AI into their core products. AI has been used for decades but the question around its impact on the environment has arisen in recent years since the techniques or AI models developed now use a vast amount of data, significant computational power and are becoming far more complex and widespread. This was triggered by the generative AI boom and mass adoption of large language model-based products like ChatGPT, DALL-E, and others in the second half of 2022 . These recent AI models are fed with diverse and large data sets to bring more accuracy and robustness, and work with low latency. This requires extensive storage and powerful processing, thus escalating electricity demand and carbon emissions. Microsoft, for example, had a stable increase of carbon emissions for many years but has reported a significant increase of 29% in carbon emissions since 2020, mostly due to its data centre expansions that were designed to support AI workloads. Another tech giant, Google, has also been facing challenges due to increased electricity demand driven by AI. It saw a rise of 48% in its carbon emissions since 2019, driven by data centres and supply chain emissions. This is clearly a challenge to the ambitions of any AI company that is aiming to becoming carbon neutral. In this report, we summarise our findings on the environmental impact of AI and we highlight some of the initiatives that are being taken by AI companies and cloud providers to offset related carbon emissions.
- Amazon
- Amazon Web Services
- Google
- Meta
- Microsoft
- OpenAI
- Artificial Intelligence
- Hyperconnectivity
- Internet of Things
- Information & Communication
Building Automation: 2.4 billion connected devices, key to enabling sustainable living
- Internet of Things
- IoT
- Hyperconnectivity
- Smart Building
- Smart Home
- Air Quality Monitoring
- Smart City
- Smart Water
- Water Leak Detectors
- Flood Detectors
- Home Automation
- Building Automation
- Suruchi Dhingra
- Matt Arnott
- Rohan Bansal
This report summarises the status and forecasts from the Building Automation Application Group found in the Transforma Insights Connected Things IoT forecast. The report provides a description of what is covered in the Application Group, as well as top-level figures from the forecast that provide detail on how many connected devices will be installed, the types of communication technology used and the total revenue opportunity.
- ABB
- ADT
- Aeroqual
- Amazon
- Arlo Technologies
- Climax Technology
- Emerson Electric
- Flo by Moen
- Honeywell
- Johnsons Controls
- Resideo
- Samsung SmartThings
- Schneider Electric
- Siemens
- The Genie Company
- The Water Scrooge
- Vivint
- Hyperconnectivity
- Internet of Things
- Consumer
- Real Estate
- Manufacturing
- Retail & Wholesale
- Accommodation & Food Service
CCTV: 573 million devices being used for surveillance purposes
- CCTV
- Public Surveillance Cameras
- Public Safety
- Smart City
- Smart CCTV
- 5G
- Network Cameras
- Traffic Monitoring
- Security Cameras
- Surveillance
- Suruchi Dhingra
- Rohan Bansal
- Matt Arnott
This report summarises the status and forecasts from the CCTV Application Group found in the Transforma Insights Connected Things IoT forecast. The report provides a description of what is covered in the Application Group, as well as top-level figures from the forecast that provide detail on how many connected devices will be installed, the types of communication technology used and the total revenue opportunity. Full details are accessible through the TAM Forecast tool.
- Axis Communications
- Bosch Security
- Briefcam
- Cisco
- CP Plus
- CrowdOptic
- Dahua Security
- GateKeepr
- Huawei
- Hikvision
- Hi-Focus
- Honeywell Security
- IBM
- Infinova
- Jabil
- Microsoft
- NEC
- Palantir
- Panasonic
- ZTE
- Internet of Things
- Hyperconnectivity
- Artificial Intelligence
- Edge Computing
HVAC: 775 million connected devices by 2033, generating USD40 billion in revenue
- HVAC
- Air Conditioning
- AC
- Ventilation
- Heating
- Sustainability
- Smart Thermostats
- Heat pumps
- Chillers
- Smart Home
- Building Automation
- Suruchi Dhingra
- Matt Arnott
- Nikita Singh
This report provides Transforma Insights’ view on the connected HVAC market. This includes smart and connected heating, ventilation, and air conditioning equipment, in consumer as well as enterprise contexts. The smart HVAC market is expected to show strong growth over the coming years, majorly due to an increased focus on sustainability, and upcoming regulations focused on increasing energy efficiency and decreasing carbon emissions caused by buildings.
- Daikin
- Danfoss
- Haier
- Honeywell
- Johnsons Controls
- Resideo
- Tuya Smart
- Internet of Things
- Hyperconnectivity
Personal Portable Electronics: Rising demand for multi-function and hybrid wearable devices leading to 3.2 billion devices in 2033
- 4G
- LTE
- Active Noise Cancellation
- Bluetooth
- Cameras
- eSIM
- GPS
- Headsets
- mWallet
- Near Field Communication (NFC)
- Smart Watches
- Wireless Earbuds
- Wireless Earphones
- Wireless Headphones
- Consumer Internet and Media Devices
- Consumer Electronics
- Wearables
This report summarises the status and forecasts from the Personal Portable Electronics Application Group (which includes Connected Cameras, Headphones, Smart Watches and Media Players) found in the Transforma Insights Connected Things IoT Forecast. These electronic devices are lightweight equipment that are mostly used by consumers.
- Amazfit
- Apple
- Astell and Kern
- Beats
- Bose
- Canon
- Creative
- Daimler
- Fujifilm
- Garmin
- Google
- Iriver
- JBL
- Mercedes Benz
- Microsoft
- Nikon
- Nubia Alpha
- Samsung
- SanDisk
- Sony
- TicWatch
- Verizon Communications
- Vitality Health
- Internet of Things
- Hyperconnectivity
- Human Machine Interface
Vehicle Head Unit: 1.94 billion connected cars in 2033 to drive new revenue streams for auto OEMs
- 5G
- Connected Vehicles
- Vehicle Head Units
- In-Vehicle Infotainment
- Electric Vehicles
- Connected Car
- On-Demand Services
- Vehicle to Vehicle
- V2V
- Vehicle to Infrastructure
- V2I
- Vehicle to Everything
- V2X
- Matt Arnott
- Suruchi Dhingra
- Rohan Bansal
This report provides Transforma Insights’ view on the Vehicle Head Unit IoT market. The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market.
- Acura
- Aptiv
- Audi
- Bell
- BMW
- BMW Motorrad
- Cadillac
- Chevrolet
- Continental AG
- Chrysler
- Daimler
- Ducati
- Fiat
- Ford
- Foxconn
- Genesis
- General Motor
- Google
- Honda
- Hyundai
- Jaguar
- Kia
- KTM
- Magneti Marelli
- Mercedes-Benz
- Mitsubishi
- Nissan
- Nvidia
- Opel
- Porsche
- SAIC Motor
- Stellantis
- Techblocks
- Toyota
- Ujet
- Visteon
- Volkswagen
- Volvo
- Internet of Things
- Hyperconnectivity
- Transportation & Storage
- Consumer
Data security in the era of quantum computing
- Artificial Intelligence
- Future Technologies
- Quantum Computing
- Qubits
- Quantum Gates
- Quantum Algorithms
- Quantum Circuits
- Quantum Hardware
- Quantum Software
- Quantum Computers
- Quantum Middleware
- Q-day
- Quantum Encryption
- Quantum Cryptography
- Quantum Cloud
- Hybrid Quantum Computing
- Quantum Annealing
- Post-Quantum Cryptography
- Quantum-Key Distribution
- Quantum Attacks
- Encryption
- RSA
- Code-based Cryptography
- Hash-based Cryptography
- Multivariate Cryptography
- Lattice-based Cryptography
The development of quantum computers is well under way. Even though these machines are still in relatively early development stages it will not be long before the adoption of quantum computing becomes mainstream in many industries. Over the past few years, some remarkable milestones have been achieved by different technology leaders in this field. For instance, Google was able to construct a quantum computer in 2019 which could do a mathematical calculation in 3 minutes 20 seconds, which would have taken a regular supercomputer 10,000 years to solve. Currently the most advanced development is IBM’s Quantum Condor processor with a 1,000-qubit capacity. Quantum computing increasingly provides great opportunities to enterprises, especially in the field of new drug discovery, financial trading, and supply chain optimisation. But with its great benefits, it also brings along some major threats that need to be mitigated in order to protect highly sensitive information concerning people, organisations, and nations. In this report we analyse the contexts in which quantum computing can pose a threat to present-day security systems and approaches to mitigate the risks. We talk in detail about post quantum cryptography (PQC) and quantum key distribution (QKD), today’s two major techniques that can be used to protect data from the threat of quantum attacks. The report also highlights different advances that are being made in order to ensure data protection along with a range of use case examples in which quantum-safe security is being implemented to safeguard user information. Lasty, we also profile some of the players that are providing quantum-safe security to organisations and highlight the different products and systems they are using in order to do so.
- Cryptomathic
- Crypto Quantique
- ID Quantique Post Quantum
- PQShield
- Quantum Dice
- Toshiba Quantum Technology
- Artificial Intelligence
- Future Technologies
Electricity Smart Meters: Government policies and sustainability initiatives will drive 2.1 billion connections in 2033
- Internet of Things
- IoT
- Hyperconnectivity
- Powerline
- Wired
- Zigbee
- LoRaWAN
- RF Mesh
- Cellular
- NB-IoT
- 2G
- 3G
- 4G
- Advanced Metering Infrastructure
- AMI
- Automatic Meter Reading
- AMR
- Smart Electricity Meter
- Smart Grid
- PLC
- Load Balancing
- In-home Display
- IHD
- Wi-Sun
- Utility Provider
- Utilities
This report provides Transforma Insights’ view on the Electricity Smart Meter IoT market found in the Transforma Insights Connected Things TAM forecast. The transition from traditional electricity meters to smart meters is one of the biggest IoT initiatives worldwide. By 2033, there will be 2.1 billion electricity smart meter connections. This report examines the reasons for the increase in installations, including reducing energy consumption, a desire to reduce electricity thefts, enhancing load balancing capabilities, and growth in the use of renewable energy sources. Reducing dependence on nuclear energy and the greater demand for EV charging are likely to increase the use of renewables for energy and further drive the adoption of smart electricity meters. It also provides a detailed assessment of the progress of rollouts and the various communication technologies used across major geographies for these meters. Electricity smart meter rollout is a government-led initiative and with the installation of meters, consumers are provided added benefits such as subsidies on their electricity bill or refunds on using limited electricity during peak hours. Most of these rollouts supported by government regulations focus on providing incentives for deployment. The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used (including splits by 2G, 3G, 4G, 5G, LPWA, short range, satellite and others), as well as the revenue split between module, value-added connectivity and services. A full set of forecast data, including country-level forecasts, sector break-downs and public/private network splits, is available through the TAM Forecast tool.
- Aclara
- Åland’s Elandelslag (ÅEA)
- Arqiva
- Australian Energy Market Commission (AEMC)
- BC Hydro
- Bitė Lietuva
- Bsf IT
- CenterPoint Energy
- CGI IT
- Comisión Federal de Electricidad (CFE)
- Department of Energy (DoE)
- SaskPower
- DELTA Netwerkbedrijf
- Energy Efficiency Services Limited (EESL)
- Enexis
- Enel
- Energate
- Federal Electricity Company (CFE)
- FortisBC France
- ERDF
- Göteborg Energi
- Holley Metering
- Honeywell-Elster Group
- Huawei
- Ikeja Electric
- Iskraemeco
- Itron
- Kamstrup
- Korea Electric Power Corporation (KEPCO)
- Kymenlaakson Sähköverkko Oy (KSOY)
- Landis+Gyr (LG&E)
- Liander
- Linz Net
- LS Industrial Systems Company
- Metretek
- Ministry of Energy and Electricity Distribution and Supply Authority (EDSA)
- MTN
- Nigerian Electricity Management Services Agency (NEMSA)
- NES Communication
- Nine Utilities
- Nuri Telecom Company
- OMNIA electricity
- One Nordic
- Onzo
- Orion M2M
- Pakistan Electricity and Power Corporation (PSE&G)
- Qatar General Electricity & Water (Kahramaa)
- Radius
- San Diego Gas & Electric
- China Electric Power Equipment and Technology Co
- Schneider Electric
- Siemens
- Stedin
- Tata Power
- Telia
- Telefonica
- Telekom Austria
- Tenaga Nasional Berhad (TNB)
- Tendril Networks
- TEPCO
- Vodafone
- West Bengal State Electricity Distribution Company Limited
- Westland Infra
- Internet of Things
- Hyperconnectivity
- Electricity, Gas, Steam & A/C
Gas Smart Meters: Government mandates, incentives, and communication technologies drive adoption of over 509 million connections by 2033
- Advanced Meter Reading
- AMR
- Advanced Metering Infrastructure
- AMI
- Cellular
- LoRaWAN
- M-Bus
- RF Mesh
- NB-IoT
- Sigfox
- Zigbee
- Gas Meter
- Smart Energy
- Smart Grid
- Utilities
- Heating
This report summarises the Transforma Insights view on the Gas Smart Meter IoT market found in the Transforma Insights Connected Things TAM forecast. The report covers in detail, the evolution of traditional gas meters to smart gas meters that are equipped with connectivity to report gas consumption without manual reading, as well as other metrics such as pressure measurement and leak detection. The total number of Gas Smart Meters will grow from 245.5 million in 2023 to 509 million by the end of 2033. Mostly concentrated in China, North America, and Europe, the smart gas meter market is significantly regulated, often by the local government or energy provider. Deployments of smart gas meters are typically triggered by the local utility provider and are deployed only in countries that use gas pipelines. The majority of South East Asian countries and Africa still have a low number of smart gas meter installations due to the lack of piped natural gas (PNG) and preference for gas cylinders. The report also describes the barriers to growth such as the increasing cost of natural gas, a focus on renewable energy sources (including hydrogen gas and biogas), as well as Russia’s war with Ukraine, its consequent sanctions and the resulting impact on natural gas use in European countries. The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used (including splits by 2G, 3G, 4G, 5G, LPWA, short range, satellite and others), as well as the revenue split between module, value-added connectivity and services. A full set of forecast data, including country-level forecasts, sector break-downs and public/private network splits, is available through the TAM Forecast tool.
- Aclara
- Apator Group
- Autorità di Regolazione per Energia Reti e Ambiente (AEEGSI)
- British Gas
- China Telecom
- Con Edison
- Consumer Energy
- Dalim
- Diehl Metering
- EDF
- EDMI
- Energie Thun
- Enexis Netbeheer
- Groupement d’intérêt économique
- Honeywell- Elster Group
- International Renewable Energy Agency
- Itron
- Korea Smart Metering Forum
- Korea Telecom
- Kyocera Communication Systems
- Landis+Gyr
- NICIGAS
- Nicor Gas
- Sensus
- Shenzhen Gas
- Sony
- SORACOM
- Spire
- Støvring Kraftvarmeværk AMBA.
- Tokyo Gas
- Unabiz
- Xylem
- Zenner
- Hyperconnectivity
- Internet of Things
- Electricity, Gas, Steam & A/C
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