The global geospatial imagery analytics market is on a high-growth trajectory, projected to surge from $69.66 billion in 2023 to $226.79 billion by 2031, according to a new report by Verified Market Research®. With a CAGR of 15.90%, the market is being powered by advancements in AI, cloud-based platforms, smart city initiatives, and heightened demand for real-time spatial intelligence.
In the increasingly saturated world of AI-powered beauty tech, Perfect Corp. just earned a serious badge of honor. The company’s Real-Time Skin Analysis tool has snagged the “Best Outcomes, Customer Experience” title in the Brand & Retail category of the Newsweek AI Impact Awards—a nod to the growing role of machine learning in the business of beauty.
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls, according to Gartner, Inc.
Zanroo Malaysia Sdn. Bhd., a key strategic partner of GPTBots.ai, recently hosted a high-impact AI workshop titled “Enabling the Future: Your Enterprise AI Journey Starts Here”, demonstrating strong enterprise demand for practical AI solutions across Southeast Asia. The event attracted an impressive 81% attendance from senior business and IT leaders, reflecting solid market readiness.
EXL, a leading data and AI company listed on, has been officially recognized as a Microsoft Solutions Partner for Data and AI. This designation affirms EXL’s advanced capabilities in managing data and developing AI-driven solutions leveraging Microsoft technologies.
Inbenta, a leader in AI-powered customer and employee experience solutions, has appointed Christopher Hieb as Strategic Advisor. This move aims to bolster Inbenta’s growth and innovation in Conversational AI and analytics.
Sigma, the industry-leading analytics platform known for its unique cloud data platform writeback capabilities, today announced a suite of new features designed to embed AI deeper into data workflows. These innovations include major updates to its generative intelligence interface, Ask Sigma, the launch of embedded writeback, and a new File Column Type that links unstructured content with structured data. These enhancements make Sigma’s data apps more functional and accessible, empowering organizations to build AI-powered insights and workflows more efficiently.
Alation Inc., a leader in enterprise data intelligence, announced its acquisition of Numbers Station AI, a pioneer in AI agents for data workflows. This strategic move enhances Alation’s ability to help data and engineering teams rapidly build AI-native analytics applications with agentic workflows that maintain enterprise-grade governance and context.
Cognyte Software Ltd., a global leader in software-driven investigative analytics, has announced the acquisition of GroupSense, Inc., a U.S.-based digital risk protection services company. This strategic move will expand Cognyte’s customer base and growth potential within the critical U.S. market, furthering the company’s long-term growth strategy.
