magic seaweed ocean city md
None
Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale of capital invested in AI companies by U.S. venture investors is approaching that allocated to the rest of the venture market, the firm said in a Monday press release outlining findings from Innovation Horizons , its latest quarterly outlook for the U.S. technology sector. Forty-two percent of U.S. venture capital was invested into AI companies in 2024, up from 36 % in 2023 and 22 % in 2022, according to the report . The report also found that as of 2024, 20 AI companies have each raised $2 billion or more. “Venture capital has always gravitated toward transformative industries, but the level of consolidation we’re seeing within one category is unprecedented,” HSBC U.S. Innovation Banking Head Dave Sabow said in the release. “The radical change this investment will fuel places us in the dawn of ‘The Agentic Age,’ an era where autonomous artificial intelligence capabilities fundamentally redefine how we communicate, work and interface with digital and physical worlds.” Investment giant BlackRock said Dec. 7 that it expects 2025 to be a big year for infrastructure and cybersecurity, with the AI boom playing a major role in those investments. “It’s still very early in the AI adoption cycle,” Jay Jacobs , BlackRock’s U.S. head of thematic and active ETFs, told CNBC in a Dec. 7 report . Jacobs added that AI firms need to build out their data centers and that protecting that data will likely be a wise investment. The HSBC report came on the same day that SoftBank said it will invest $100 billion in the U.S. over the next four years, focusing on AI and related infrastructure. HSBC Innovation Banking also found in its report that R&D spending from the so-called Magnificent 7 companies totaled more than all the dollars invested in U.S. startups in 2024, according to the release. The Magnificent 7 are Tesla , Nvidia , Microsoft , Meta , Apple , Amazon and Alphabet . The firm also said in the release that it expects the U.S. tech sector to see new waves of growth and tailwinds for returns resulting from expected changes in the acquisition market, deregulation and fiscal policies that stimulate economic activity.HOUSTON (AP) — Will Levis threw for 278 yards and his 70-yard touchdown pass to Chig Okonkwo put Tennessee on top in the fourth quarter and the Titans held on for a 32-27 win over the Houston Texans on Sunday. Okonkwo grabbed a short pass and rumbled for the touchdown to put the Titans (3-8) up 30-27 with 91⁄2 minutes remaining. Safety Eric Murray missed a tackle that would have stopped him near midfield. The Texans (7-5) had a chance to tie it with less than two minutes remaining, but Ka’imi Fairbairn’s 28-yard field-goal attempt sailed wide left. He fell to the ground after the miss before getting up and slamming his helmet on the field. Titans coach Brian Callahan held both hands in the air and smiled after watching the miss that allowed his team to win on a day it had three turnovers. The Texans forced a three-and-out, but couldn’t move the ball after that and Harold Landry sacked C.J. Stroud in the end zone for a safety to make it 32-27 and allow Tennessee to snap a two-game skid. Stroud threw for 247 yards and two touchdowns, but also threw two interceptions as the AFC South-leading Texans lost for the third time in four games. Jimmie Ward had a 65-yard interception return for a touchdown in the third quarter and the Texans tied a franchise record with eight sacks. But the offense sputtered for most of the game as Joe Mixon was held to 22 yards on 14 carries. Tennessee extended the lead to 23-17 on a 51-yard field goal by Nick Folk with nine minutes left in the third. Stroud threw his second interception with about 90 seconds left in the third quarter but Ward’s touchdown came three plays later to put the Texans on top 24-23. The Titans fumbled a punt early in the fourth quarter and Houston recovered it. A 54-yard field goal by Fairbairn extended the lead to 27-23 with about 10 minutes to go. Dameon Pierce returned the opening kickoff 80 yards to get the Texans in the red zone. Houston cashed in on the next play when Stroud found rookie Cade Stover on a 19-yard pass for his first touchdown reception. The Titans trailed by four after a field goal by Folk when Nick Westbrook-Ikhine got in front of the defense and was wide open for a 38-yard TD catch that made it 10-7 late in the first quarter. Tennessee extended the lead to 17-7 when Tony Pollard ran 10 yards for a touchdown with about 11 minutes left in the second. Pollard finished with 119 yards and a touchdown. Nico Collins scored on a 5-yard reception with about six minutes left in the second. Levis fumbled on the Houston 32 with 31⁄2 minutes left in the first half and Houston recovered the ball. Stroud connected with Collins on a 56-yard pass on the next play, but the Texans couldn’t move the ball and settled for a 28-yard field goal to tie it at 17-17. Houston forced a punt after that, but rookie Jarvis Brownlee Jr. got his first career interception two plays later to give Tennessee the ball back. Folk’s 56-yard field goal, which tied his career long, put the Titans up 20-17 at halftime. The Titans were without cornerback L’Jarius Sneed, after he was placed on injured reserve with a quadriceps injury, and safety Amani Hooker, who was added to the injury report Sunday morning with an illness. Hooker leads the Titans with three interceptions. ... Houston S Jalen Pitre injured his shoulder in the second quarter and didn’t return. ... CB Ka’dar Hollman left in the fourth quarter with a knee injury. Titans: Visit the Commanders next Sunday. Texans: Visit Jacksonville next Sunday. AP NFL: https://apnews.com/hub/nfl
Data Protection as a Service Market global Size, Share, Latest Trends, Growth Factors, Industry Analysis, Advance Technology And Forecast - 2030 12-16-2024 10:52 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire AWS (US), Microsoft (US), IBM (US), Oracle (US), Dell Technologies (US), Quantum Corporation (US), Huawei (China), HPE (US), Veritas (US), Veeam (Switzerland), Hitachi Vantara (US), Cohesity (US), Acronis (Switzerland), Druva (US), Cloud4C (India). Data Protection as a Service Market by Service Type (Backup as a Service, Storage as a Service, Disaster Recovery as a Service, Data Archiving, Other Services), Deployment mode, Organization Size, Vertical and Region - Global Forecast to 2030. The Data Protection as a Service (DPaaS) market [ https://www.marketsandmarkets.com/Market-Reports/data-protection-as-a-service-dpaas-market-46313339.html?utm_campaign=dataprotectionasaservicedpaasmarket&utm_source=abnewswire.com&utm_medium=paidpr ] is valued at an estimated USD 26.04 billion in 2024 and is expected to grow to USD 74.91 billion by 2030, reflecting a CAGR of 19.2% during the forecast period. This growth is fueled by the increasing complexity of data management and the rising demand for scalable, secure, and seamless data protection solutions. Businesses are adopting innovative technologies to address challenges like data sprawl, cloud migration, and regulatory compliance. Key advancements transforming the DPaaS landscape include automated backup orchestration, multi-cloud compatibility, and AI-driven threat detection, particularly in sectors such as BFSI, healthcare, and government. The market's growth is further driven by the surge in ransomware attacks, stringent data privacy regulations, and the growing adoption of hybrid IT environments. However, challenges such as cross-platform interoperability, high implementation costs, and latency in cross-cloud operations remain. Despite these obstacles, the DPaaS market is poised for substantial growth as it simplifies infrastructure management, enhances resilience against cyber threats, and ensures business continuity with minimal downtime. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46313339 [ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46313339&utm_campaign=dataprotectionasaservicedpaasmarket&utm_source=abnewswire.com&utm_medium=paidpr ] Data protection as a service is gaining popularity due to its cost-effectiveness and efficiency in data security. Data protection services offer storage and backup services to secure sensitive information, ensure compliance, and mitigate risks associated with data loss or breaches. In addition, Data protection as a service also helps organizations ensure business continuity and performance and meet regulatory needs. Some vendors are utilizing capabilities of advanced technologies in data protection services. Key drivers for the Data protection as a Service include the growing number of cyber attacks and large volume of data generated due to digitization. Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period. Large enterprises have substantial financial and human resources and can afford to invest heavily in data protection as a service. They deal with massive amounts of data, this data often includes sensitive information subject to strict regulatory requirements, making its protection a top priority. As a result, the adoption of DPaaS is growing among large enterprises. Data protection as a service also helps large enterprises reduce the cost of security measures and disaster recovery plans. Large organizations handle critical operations, and disruption in these operations can lead to huge losses. In such scenarios, disaster recovery as a service helps to store their important data in third-party servers and keep the operations running in case of unexpected disasters. By leveraging DPaaS, enterprises can focus on their core operations while ensuring robust data protection and minimizing operational disruptions. By Vertical, Healthcare vertical is expected to grow at the highest CAGR during the forecast period. Healthcare sector has witnessed a rapid digitization in recent years. Healthcare sector deals with critical data related to Electronic Patient Medical Records, Insurance And Billing Information, Health Records (EHR), Hospital Administration Data and Public Health Data. Protecting this data is first priority due to its sensitive nature. The HIPAA Journal reports that 2023's most significant data breach occurred at HCA Healthcare, affecting approximately 11.3 million individuals. Over the course of the year, a staggering 124 million healthcare records were compromised, highlighting the widespread impact of cyberattacks on the industry. Due to such incidents, regulations like HIPPA and GDPR poses strict compliance requirements in the industry. By deployment mode, the public cloud will grow at the highest market size during the forecast period. The public cloud deployment holds the major market share in the Data Protection as a Service as it offers benefits such as data security, customization, and low cost. It allows enterprises to have complete control over all the sensitive data, particularly in cases of businesses that are compelled by stringent privacy regulations and data-privacy policies to retain their data within a cloud environment. Public cloud deployment also enables organizations to customize the software functionalities according to their requirements and workflows. Many organizations also benefit from easier integration with legacy systems and established IT infrastructure. These factors, combined with affordable price options, make public cloud deployment the preferred choice for many. By region, Asia-Pacific accounts for the highest CAGR during the forecast period. Asia Pacific region is expected have highest market size in Data protection as a Service because of rapid industrialization, technological development, and rising demand in various growing sectors. Economic growth and urbanization in China and India have caused an increased adoption of DPaaS in industries such as BFSI, healthcare, IT and retail & eCommerce. Technological advancements in AI, ML, and encryption technologies improve DPaaS. Government policies such as smart cities accelerating market growth boost technological development and infrastructure readiness. There is also a growing awareness in the corporate sector about cyber security awareness. China is expected to dominate this market, whereas India is expected to grow at a high rate due to the development of automobile industries and infrastructure development. Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=46313339 [ https://www.marketsandmarkets.com/requestsampleNew.asp?id=46313339&utm_campaign=dataprotectionasaservicedpaasmarket&utm_source=abnewswire.com&utm_medium=paidpr ] Unique Features in the Data Protection as a Service Market DPaaS solutions offer advanced automation for data backup and recovery processes, ensuring minimal manual intervention. Automated orchestration streamlines complex workflows, enabling businesses to manage backups efficiently across multiple environments, reducing downtime and human errors. A standout feature of DPaaS is its seamless integration with multi-cloud environments. Organizations can leverage this flexibility to optimize their storage and data protection strategies across different cloud providers, ensuring data accessibility and redundancy without vendor lock-in. Incorporating artificial intelligence, DPaaS systems can proactively detect, analyze, and mitigate potential cybersecurity threats. This intelligent feature enhances resilience against ransomware and other attacks by identifying anomalies in real-time and deploying immediate countermeasures. DPaaS platforms are designed to align with stringent regulatory requirements, such as GDPR, HIPAA, and CCPA. They provide features like audit trails, data encryption, and access control, helping organizations meet compliance standards while ensuring robust data protection. One of the unique selling points of DPaaS is its scalability. Businesses can expand or reduce their data protection needs on demand, ensuring cost-efficiency. The pay-as-you-go model provides flexibility, especially for organizations with fluctuating data volumes. Major Highlights of the Data Protection as a Service Market Businesses are seeking scalable and flexible data protection solutions to address the challenges of expanding data volumes, multi-cloud environments, and hybrid IT infrastructure. DPaaS offers tailored solutions to meet these demands, allowing organizations to adapt quickly to changing business needs. Innovations such as AI-driven threat detection, automated backup orchestration, and multi-cloud compatibility are reshaping the DPaaS landscape. These technologies enable organizations to enhance their cybersecurity posture, improve data management efficiency, and achieve greater operational resilience. Sectors such as BFSI, healthcare, and government are leading the adoption of DPaaS, driven by stringent regulatory requirements and the critical need for data security. These industries benefit from advanced compliance-focused features, ensuring alignment with laws like GDPR, HIPAA, and CCPA. The growing frequency and sophistication of ransomware attacks and data breaches have accelerated the demand for robust data protection services. DPaaS solutions are becoming indispensable for mitigating these threats, ensuring data integrity, and reducing the financial and reputational risks associated with cyber incidents. Increasingly stringent data privacy regulations worldwide are compelling organizations to invest in comprehensive data protection services. DPaaS providers are integrating compliance-centric features such as encryption, secure data transfer, and audit capabilities to meet regulatory demands. While the DPaaS market offers significant advantages, challenges such as interoperability across platforms, high implementation costs, and latency in cross-cloud operations persist. Overcoming these hurdles is key to unlocking the full potential of DPaaS. Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=46313339 [ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=46313339&utm_campaign=dataprotectionasaservicedpaasmarket&utm_source=abnewswire.com&utm_medium=paidpr ] Top Companies in the Data Protection as a Service Market The major players in the DPaaS market with a significant global presence are AWS(US), Microsoft (US), IBM (US) , Oracle (US), DELL Technologies (US), Quantum Corporation (US), Huawei (China), HPE (US), Veritas (US), Hitachi Vantara (US), Veeam (US), Cohesity (US), 11:11 Systems (US), Acronis (Switzerland) , Druva (US), Cloud4C (Singapore), Cyfuture (India), Tierpoint (US), Quest Technology Management (US), NxtGen Data center & Cloud Technologies (US), Zerto (US), Secure Agility (Aaustralia) , Infrascale (US), Asigra (Canada), Cloudian (US), HYCU (US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the DPaaS market. AWS (US): AWS in DPaaS market delivers a range of cloud-based solutions designed to ensure secure and scalable, cloud-based compliance data management. Services such as AWS Backup, AWS IAM, and Amazon S3 offer highly secure encryption. AWS delivers end-to-end data protection for domains from finance, healthcare, to government. It integrates advanced security features, including automated compliance checks, encryption at rest and in transit, and machine learning-driven threat detection via services like Amazon Macie and AWS Security Hub. The platform supports hybrid and multi-cloud environments, enabling organisations to maintain data sovereignty and adhere to regulations such as GDPR and HIPAA. AWS's focus on innovation includes disaster recovery, automated backup orchestration, and real-time monitoring capabilities, making it a preferred choice for businesses seeking secure, efficient, and compliant data protection strategies. Microsoft (US): Microsoft through its Azure platform, offers cutting-edge data protection solutions to various industries such as automotive, retail, and also public sectors. These services deal with back up and disaster recovery as well as regulatory compliance through services like Azure Backup, Azure Site Recovery, and Azure Policy. Microsoft leverages AI and machine learning to power intelligent threat detection, anomaly detection, and automated compliance management. Hybrid capabilities through Azure Arc enable tight connections of on-prem environments with the cloud without any trade-off in challenges regarding multi-cloud management. Besides managing multi-clouds, Azure is a place that is committed towards data sovereignty through globally distributed data centers and compliance certifications towards GDPR, HIPAA, and CCPA. With continuous investments in innovation, Microsoft has DPaaS offerings that focus on reducing downtime, data availability, and recovery process simplification with the objective of empowering businesses with secure, reliable, and scalable solutions. Media Contact Company Name: MarketsandMarkets Trademark Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=data-protection-as-a-service-market-global-size-share-latest-trends-growth-factors-industry-analysis-advance-technology-and-forecast-2030 ] Phone: 18886006441 Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website: https://www.marketsandmarkets.com/Market-Reports/data-protection-as-a-service-dpaas-market-46313339.html This release was published on openPR.(Bloomberg) — After years of lagging returns and more recent concerns over US office loans, Canadian Imperial Bank of Commerce has turned a corner with investors. Chief Executive Officer Victor Dodig says he won’t put that at risk with acquisitions that reduce shareholder value. “The investor sentiment fundamentally says that CIBC is a changed bank,” Dodig said in an interview with Bloomberg News. This, he said, comes after a steady focus on courting affluent Canadians as clients, investing in technology and digitization and targeting privately owned businesses and entrepreneurs in the US. Dodig, 59, who has led Canada’s fifth-largest bank for more than a decade, laid out the bank’s relatively straightforward strategy at CIBC’s most recent investor day in June 2022. “We don’t want to be doing something large that would make us take a step back,” Dodig said last week, adding that he remains open to an “interesting” acquisition that improves return on equity. “But it really is focused on organic growth and tuck-in acquisitions, particularly in the wealth-management space, which are capital light and would strengthen our hand in a business that we’re very good at,” he said. Office Drag CIBC’s revamped strategy wasn’t an immediate success. The lender was initially dogged by a reputation for costly mistakes in the past — it was caught up in Enron Corp.’s bankruptcy and took big writedowns on securities linked to US subprime mortgages during the financial crisis. By the middle of 2023, signs of distress emerged in its US commercial lending book. The lender had a higher exposure to the troubled US office space than its peers and took a series of large provisions against potentially bad loans in the sector. But after taking steps to reduce its exposure to such debt, CIBC’s credit performance has been strong for most of this year. With that in hand, investors have turned their focus to the bank’s revenue growth, cost controls and strong execution, sending the stock to new all-time highs. “CIBC put up the best results this earnings season, followed by Royal Bank, both of which continued to deliver solid and consistent numbers along with strong guidance for next year,” Bank of Nova Scotia analyst Meny Grauman wrote to clients last week. Grauman has a buy rating on the stock and a one-year price target of C$114, or about $80, significantly higher than the consensus among analysts of C$97.73. CIBC’s shares have been hovering above C$94.
- Previous:
- Next: magic seaweed ocean city nj
