Synthetic data

Synthetic Data Market Outlook: Transforming the Way Businesses Use Data and Generate Meaningful Insights

Retrieved on: 
Monday, January 29, 2024
Synthetic, Organization, Table, Privacy, Synthetic data, Research, AI, Algorithm

DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "Synthetic Data: Future of AI and Emerging Ecosystems" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 29, 2024 /PRNewswire/ -- The "Synthetic Data: Future of AI and Emerging Ecosystems" report has been added to ResearchAndMarkets.com's offering.
  • Synthetic data is data generated artificially based on data collected from real-world occurrences.
  • It is artificially generated data in the form of text, tables, images, and videos, among others.
  • This study assesses the transformation due to data usage caused by artificially generated data.

Synthetic Data Generation Market to Skyrocket to $2.1 Billion by 2028, Reveals Latest BCC Research Report

Retrieved on: 
Thursday, January 18, 2024
Cloud, Synthesia, Broadcom Inc., Amazon (company), Machine learning, Privacy, Capgemini, Artificial intelligence, Trust, Amazon, Intelligence, Synthetic data, Nvidia, Microsoft, Key market, IBM, Organization, Growth, Marketing

BOSTON, Jan. 18, 2024 /PRNewswire/ -- Synthetic data generation is revolutionizing the way industries access and utilize data on a global scale. This innovative approach involves creating artificial datasets that replicate real-world data, providing a solution to the challenges of limited or sensitive information. As businesses across diverse sectors increasingly recognize its value, the global market for synthetic data generation is experiencing significant growth, offering a scalable and ethical solution to drive data-driven advancements and innovation.

Key Points: 
  • The Rising Demand for Synthetic Data Generation: Global Markets:
    The escalating demand for synthetic data generation reflects a pivotal shift in how industries approach data-driven solutions on a global scale.
  • The global market for synthetic data generation is witnessing substantial growth as organizations seek scalable and ethical alternatives to traditional data sources.
  • In the realm of synthetic data generation within global markets, several notable trends and innovations are shaping the landscape.
  • The analysis of the global synthetic data generation market encompasses segmentation based on component, deployment, data type, industry vertical, and geographical region.

Synthetic Data Generation Global Markets, 2022-2023 & 2023-2028: Machine Learning and Simulation Drive Increased Adoption

Retrieved on: 
Thursday, November 9, 2023
Synthetic data, Organization, Row, Artificial intelligence, Machine learning, Privacy, Confidentiality, Insight, Algorithm, Mobile phone, Video game, Pharmaceutical industry

The global market for synthetic data generation was valued at $381.3 million in 2022.

Key Points: 
  • The global market for synthetic data generation was valued at $381.3 million in 2022.
  • The synthetic data generation market is experiencing rapid expansion, driven by its focus on crafting synthetic data that closely mirrors real-world information.
  • This burgeoning market for synthetic data generation is propelled by the growing demand among organizations across various industries for cost-effective and privacy-compliant alternatives to authentic data.
  • In this report the global market for synthetic data generation has been segmented into North America, Europe, Asia-Pacific and Rest of World (RoW).

Synthetic Data Generation Global Markets Report 2023: 2022 Market Trends, Estimates for 2023, and CAGR Projections through 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 8, 2023
Data Management, Other Retail, Technology, Professional Services, Telecommunications, Retail, Data Analytics, Artificial Intelligence, Audio, Video, Fintech, Finance, Synthetic data, Organization, Row, Artificial intelligence, Machine learning, Privacy, Confidentiality, Insight, Algorithm, Mobile phone, Video game, Pharmaceutical industry

The global market for synthetic data generation was valued at $381.3 million in 2022.

Key Points: 
  • The global market for synthetic data generation was valued at $381.3 million in 2022.
  • The report leverages the year 2022 as a foundational reference point and proceeds to furnish estimated market data for the years spanning 2023 through 2028.
  • The synthetic data generation market is experiencing rapid expansion, driven by its focus on crafting synthetic data that closely mirrors real-world information.
  • In this report the global market for synthetic data generation has been segmented into North America, Europe, Asia-Pacific and Rest of World (RoW).

Synthetic Data Summit 2023 highlights progress, practical applications, and potential of synthetic health data

Retrieved on: 
Thursday, October 19, 2023
Replica, United Kingdom, Synthetic data, SDG, SVP, Medicine, University of Ottawa, Summit, Aetion, Savoy Place, Canada Research Chair in International Political Economy, Clinical trial, London, University, Privacy, Bias, GM, Medical device

The event will offer unique insights into the world of synthetic data generation (SDG) and its transformative potential for healthcare.

Key Points: 
  • The event will offer unique insights into the world of synthetic data generation (SDG) and its transformative potential for healthcare.
  • SDG involves using generative AI to create synthetic data from real data while ensuring data privacy, security, and utility.
  • Previously held virtually, the Synthetic Data Summit 2023 is an in-person gathering for chief data officers, privacy professionals, data scientists, and healthcare insights directors interested in how this technology is addressing critical issues in healthcare data, such as data privacy, diversity and data bias, enabling more equitable clinical research, and data augmentation.
  • A number of life sciences companies will share their experiences using synthetic data in practice on real world data and clinical trial data.

Synthetic Data Summit 2023 highlights progress, practical applications, and potential of synthetic health data

Retrieved on: 
Thursday, October 19, 2023
Replica, United Kingdom, Synthetic data, SDG, SVP, Medicine, University of Ottawa, Summit, Aetion, Savoy Place, Canada Research Chair in International Political Economy, Clinical trial, London, University, Privacy, Bias, GM, Medical device

The event will offer unique insights into the world of synthetic data generation (SDG) and its transformative potential for healthcare.

Key Points: 
  • The event will offer unique insights into the world of synthetic data generation (SDG) and its transformative potential for healthcare.
  • SDG involves using generative AI to create synthetic data from real data while ensuring data privacy, security, and utility.
  • Previously held virtually, the Synthetic Data Summit 2023 is an in-person gathering for chief data officers, privacy professionals, data scientists, and healthcare insights directors interested in how this technology is addressing critical issues in healthcare data, such as data privacy, diversity and data bias, enabling more equitable clinical research, and data augmentation.
  • A number of life sciences companies will share their experiences using synthetic data in practice on real world data and clinical trial data.

Cathay Financial Holdings Announces Its Digital Users Surpass 8.6 Million, Making Customers the Biggest Winners of Digital Transformation

Retrieved on: 
Thursday, October 5, 2023
Cloud, ABCD, Multimedia, Hospital, Cathay United Bank, Lead, AI, RAG, Insurance, FHC, Ecosystem, FHIR, Advanced Technology Development Center, Synthetic data, Cathay, Oracle, Digital data, DDT, Retrieval, ChatGPT, Federated learning, Conference, Linde Air Products Factory, Fintech, Medical device, Cryptocurrency, Blockchain

TAIPEI, Oct. 5, 2023 /PRNewswire/ -- As technology reshapes financial institutions worldwide, companies with strong technological capabilities are positioned to take the lead. Underscoring this important role technology is playing, Cathay Financial Holdings (Cathay FHC) recently held its Annual Conference on Technology on September 20, centering on the theme of "Integrating Technology for an Inclusive New Intelligence." Attracting over 2,000 participants both online and offline, this year's Conference focused on the "ABCDEs" of major technologies and trends — AI, Blockchain, Cloud, Data, and Ecosystems.

Key Points: 
  • He also mentioned that digital transformation is an "endurance race with constantly changing goals and no finish line."
  • Having begun its major push for digital transformation eight years ago with the Digital Data and Technology Development Center (DDT), Cathay FHC has been empowering the digital, data, and technology sectors for some time.
  • As a result of these efforts, the total digital users across all businesses under the Cathay Group now exceed 8.6 million.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/cathay-financial-holdings-annou...
    SOURCE Cathay Financial Holdings Co., Ltd.

Synthetic Data Generation: Global Markets Report Unveils Game-Changing Insights and Opportunities

Retrieved on: 
Friday, September 15, 2023
Cloud, Alexa, Cross-sector biodiversity initiative, Privacy, Synthesis, Research, Organization, Amazon, Synthetic data, Sound, BCC, Synthetic, Pharmaceutical industry, Medical device

BOSTON, Sept. 15, 2023 /PRNewswire/ -- Synthetic data generation is redefining industries by enabling researchers, developers, and businesses to harness sensitive or scarce data without compromising privacy or security. This technology drives innovation, enhances model accuracy, and promotes ethical data utilization by reducing reliance on real data. BCC's latest report, authored by Shashank Sharma, Associate Analyst, with consulting guidance from Masaratjahan Kudle, Associate Consultant, offers surprising discoveries that can lead to remarkable innovations using the practice.

Key Points: 
  • In the era of data-driven innovation, the " Synthetic Data Generation: Global Markets " report offers a comprehensive overview of the rapidly evolving landscape of synthetic data generation.
  • Expanding Beyond Boundaries: Synthetic data isn't limited to traditional datasets; it encompasses synthetic video, images, and sound.
  • For instance, Amazon leverages synthetic data to train Alexa's language system, enhancing data security.
  • In an era where digital theft affects 17% of the global online population, synthetic data generation bolsters cybersecurity by enabling organizations to safeguard sensitive information with fabricated yet realistic data.

Synthetic Data Generation: Global Markets Report Unveils Game-Changing Insights and Opportunities

Retrieved on: 
Friday, September 15, 2023
Cloud, Alexa, Cross-sector biodiversity initiative, Privacy, Synthesis, Research, Organization, Amazon, Synthetic data, Sound, BCC, Synthetic, Pharmaceutical industry, Medical device

BOSTON, Sept. 15, 2023 /PRNewswire/ -- Synthetic data generation is redefining industries by enabling researchers, developers, and businesses to harness sensitive or scarce data without compromising privacy or security. This technology drives innovation, enhances model accuracy, and promotes ethical data utilization by reducing reliance on real data. BCC's latest report, authored by Shashank Sharma, Associate Analyst, with consulting guidance from Masaratjahan Kudle, Associate Consultant, offers surprising discoveries that can lead to remarkable innovations using the practice.

Key Points: 
  • In the era of data-driven innovation, the " Synthetic Data Generation: Global Markets " report offers a comprehensive overview of the rapidly evolving landscape of synthetic data generation.
  • Expanding Beyond Boundaries: Synthetic data isn't limited to traditional datasets; it encompasses synthetic video, images, and sound.
  • For instance, Amazon leverages synthetic data to train Alexa's language system, enhancing data security.
  • In an era where digital theft affects 17% of the global online population, synthetic data generation bolsters cybersecurity by enabling organizations to safeguard sensitive information with fabricated yet realistic data.

Rendered.ai teams with Orbital Insight to win first place in the National Security Innovation Network SynGen Prize Challenge

Retrieved on: 
Tuesday, August 15, 2023
Defense Intelligence Agency, Defense Innovation Unit, Partnership, Defense, SAR, NSIN, University, Intelligence, National Geospatial-Intelligence Agency, DIU, OSD, Orbital Insight, Research, National Security Innovation Network, Synthetic-aperture radar, NGA, Collection, Data, Machine learning, Synthetic data, Algorithm, Ptolemaic Terrascope, Artificial intelligence, Government, UAV, AI, R, DIA, Automation, Management, Surveying, Engineering

SEATTLE, Aug. 15, 2023 /PRNewswire-PRWeb/ -- Rendered.ai, a leader in synthetic computer vision data generation for training AI, has been awarded the top prize in the National Security Innovation Network (NSIN) SynGen Prize Challenge.

Key Points: 
  • SEATTLE, Aug. 15, 2023 /PRNewswire-PRWeb/ -- Rendered.ai, a leader in synthetic computer vision data generation for training AI, has been awarded the top prize in the National Security Innovation Network (NSIN) SynGen Prize Challenge.
  • In this competition, participants were challenged to develop advanced algorithms capable of generating synthetic remote sensing data.
  • A significant factor in Rendered.ai's success in the challenge was their strategic partnership with Orbital Insight, a leader in geospatial software and analytics.
  • Following their first-place win, Rendered.ai, in partnership with Orbital Insight, intends to continue investing in research and development to drive further innovation in the fields of synthetic data and artificial intelligence.