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AI becomes a key focus with 16% of enterprise IT budgets, Omdia survey finds

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LONDON, Oct. 15, 2024 /PRNewswire/ — New Omdia research has revealed a significant increase in enterprise IT department spending on AI. Omdia’s recently published IT Enterprise Insights Survey, that gathers feedback from over 6,500 senior IT decision-makers worldwide, shows that nearly 16% of enterprise IT budgets will be spent on AI initiatives, including hardware, software, cloud, services, and staffing.

“AI’s 16% share of the total IT budget marks a significant shift in IT investment priorities, a change of rare magnitude,” commented Cem Nurkan, Research Director for Enterprise Technology, Omdia.

The survey results also provide insights on how enterprises plan to leverage AI. “As organizations advance their digital transformation and modernization efforts, AI plays a crucial role in enhancing operational efficiency and improving customer experiences— two of the top challenges identified by the survey,” explained Josh Builta, Senior Director for Enterprise Business Applications, Omdia.

The survey also suggests overall IT budgets are set to increase, with 75% of respondents expecting a rise in their organization’s IT spending over the next year. This development, coupled with the growing focus on AI investment, underscores a substantial opportunity for technology vendors.

“Vendors aligning their AI offerings to customers priorities should capitalize on these expanding budgets. This level of planned investment creates room for new, innovative approaches that could bypass existing challenges and unlock new value,” added Nurkan.

The Omdia IT Enterprise Survey gathers feedback from IT decision-makers across the globe, offering tech vendors a clear view of customer investment priorities, challenges, and the processes and technologies they use. Read more in Omdia’s IT Enterprise Insights: IT Drivers and Technology Priorities – 2025, IT Enterprise Insights: AI – 2025 and IT Enterprise Insights: IT Spending & Sourcing – 2025 (subscription required).

ABOUT OMDIA

Omdia, part of Informa Tech, is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.

Contact
Fasiha Khan fasiha.khan@omdia.com

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DFRobot Impresses at Bett London 2025 with Innovative STEM AI Education Solutions

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SHANGHAI, Jan. 22, 2025 /PRNewswire/ — DFRobot, a leader in STEM education, is showcasing its latest innovations at Bett 2025, the Europe’s largest edtech event, from January 22-24. Join the DFRobot team at Stand ND32 at the ExCeL International Convention Center in London to discover an impressive array of cutting-edge products and technologies.

DFRobot showcases several AI projects that align with the curriculum standards of the UK education system, engaging students aged 7 to 16 in science and technology. These projects primarily utilize various sensors and the Unihiker, a single-board computer (SBC) featuring a 2.8-inch touchscreen, Wi-Fi, and Bluetooth connectivity. For example, the AI Sensor Project for Carbon Dioxide and Formaldehyde Detection employs the UNIHIKER M10 along with carbon dioxide and formaldehyde sensors, enabling students to monitor gas levels and understand the impact of human activities on air quality. Additionally, the AI Sensor-Renewable Energy System, involves two UNIHIKER K10 devices: one displays voltage values for wind power, and the other shows solar charging and discharging processes. The exhibition also features additional UNIHIKER K10-powered projects, including a Library System for Self-Service Book Borrowing and an Automatic Cat Feeder.

DFRobot also displays its BOSON educational products designed to inspire students’ interest in science and ecology. The BOSON Lamp project for ages 5 to 7 allows interactive engagement through touch and sensors without coding, and is LEGO-compatible for easy assembly. The Coral Guardian project, aimed at students aged 7 to 11, simulates the effects of global warming on coral ecosystems using a micro:bit, temperature sensor, light sensor, and LED strip. The LED shifts from red to white when water temperatures exceed 29°C, demonstrating coral bleaching, and returns to red when temperatures normalize, simulating coral recovery.

Furthermore, DFRobot presents the micro:Maqueen, a versatile series of programmable robots for students of all grades. The Maqueen Plus features line-following algorithms, intersection recognition, matrix laser distance sensors, motor encoders, and PID control, enabling automatic obstacle avoidance and navigation. The Mars Exploration Base project simulates an undeveloped area on Mars with hills, where the Maqueen Plus explores and avoids obstacles, captivating the audience with its engaging interactivity.

Stop by Stand ND32 for an informative discussion with a DFRobot team member, who is ready to provide personalized assistance to help you select the ideal resources for your school.

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SOURCE DFRobot

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Optometry Software Market in North America to Grow by USD 644.6 Million (2025-2029), Driven by Rising Ophthalmic Disease Prevalence, AI Impact on Trends – Technavio

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NEW YORK, Jan. 22, 2025 /PRNewswire/ — Report with market evolution powered by AI – The optometry software market in north america size is estimated to grow by USD 644.6 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  7%  during the forecast period. Increasing prevalence of ophthalmic diseases is driving market growth, with a trend towards growing ophthalmology market. However, rising medical data privacy concerns poses a challenge. Key market players include Barti, Compulink Healthcare Solutions, Doctorsoft Corp., EssilorLuxottica, EverCommerce Inc., Eye Care Leaders, First Insight Corp., Health Innovation Technologies Inc., iTRUST.IO LLC, LiquidEHR Inc., MacPractice, Nextech Systems LLC, Optical POS Software LLC, Optometric Services Inc., Solutionreach Inc., SOTH Inc., Vision Service Plan, Weave Communications, Inc., WINK Technologies Inc., and WRS Health.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Optometry Software Market In North America Scope

Report Coverage

Details

Base year

2024

Historic period

2019-2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2025-2029

USD 644.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.5

Regional analysis

North America

Performing market contribution

North America at 100%

Key countries

US, Canada, and Mexico

Key companies profiled

Barti, Compulink Healthcare Solutions, Doctorsoft Corp., EssilorLuxottica, EverCommerce Inc., Eye Care Leaders, First Insight Corp., Health Innovation Technologies Inc., iTRUST.IO LLC, LiquidEHR Inc., MacPractice, Nextech Systems LLC, Optical POS Software LLC, Optometric Services Inc., Solutionreach Inc., SOTH Inc., Vision Service Plan, Weave Communications, Inc., WINK Technologies Inc., and WRS Health

Market Driver

The North American optometry software market is experiencing significant growth due to the increasing prevalence of chronic ophthalmological conditions like glaucoma, dry eye, cataracts, and refractive errors. With an aging population, there is a greater need for electronic health records (EHR) and cloud-based solutions to manage patient data and records in optometry clinics. Telehealth and telemedicine services are also on the rise, allowing optometrists to provide remote patient care. AI-based software is being adopted for IOP measurement and diagnosis of conditions like retinal detachment and uveitis. EHR software vendors like Eyefinity, Crystal PM, Compulink, Practice Mate, MaximEyes, EyeMD, and others are expanding their offerings through expansions, joint ventures, and acquisitions. Hospitals, clinics, and specialist centers are also adopting cloud-based EMRs for managing health records data. Mobile applications are becoming essential tools for managing prescription history and astigmatism. Overall, the market is trending towards advanced technology and remote patient care. 

The North American optometry software market has experienced significant expansion over the past decade. This growth can be attributed to the increasing prevalence of eye diseases and technological innovations in ophthalmology. Manufacturers are investing heavily in research and development to create advanced treatments, driving market growth. Moreover, escalating medical expenses, increasing healthcare expenditures, and the demand for more precise therapies are additional factors fueling market expansion. Consequently, the expanding ophthalmology market will boost the need for software solutions to manage patient treatment plans, prescription records for medicines, glasses, contact lenses, and related information. 

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Market Challenges

The North American optometry software market is experiencing significant growth due to increasing chronic ophthalmological conditions like glaucoma, dry eye, cataracts, and refractive errors. An aging population and the rise of electronic health records (EHR) and cloud-based solutions are key drivers. Optometrists require software for managing patient data and records, IOP measurement, prescription history, and telehealth services. Companies like Eyefinity, Crystal PM, Compulink, Practice Mate, MaximEyes, EyeMD, and others offer optometry-specific software. Expansion strategies include expansions, joint ventures, and acquisitions. Ophthalmologists also use EHR software for managing retinal detachment, uveitis, astigmatism, and other eye conditions. Cloud-based EMRs are popular for hospitals, clinics, and specialist centers, enabling remote patient care and AI-based diagnosis. Mobile applications offer convenience and accessibility. Inpatient and ambulatory EHRs are crucial for comprehensive eye care.The optometry software market in North America is witnessing significant growth due to the adoption of advanced technologies for managing and analyzing medical data. This includes electronic health records, telehealth, and artificial intelligence. However, with the increasing use of these technologies comes the concern for data privacy. Medical records, including those of optometry patients, are protected by various privacy acts such as HIPAA in the US. It is crucial that personal data is kept confidential and only disclosed with proper authorization and permission. Despite these regulations, the use of optometry software solutions in ophthalmology continues to expand, necessitating ongoing efforts to ensure data security and privacy.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This optometry software market in North America report extensively covers market segmentation by  

Type 1.1 Cloud-based1.2 Web-basedEnd-user 2.1 Hospitals2.2 Nursing homes2.3 OthersGeography 3.1 North America

1.1 Cloud-based-  Cloud-based optometry software solutions are gaining popularity among eyecare organizations due to their cost-effective and economical deployment model. The benefits of cloud-based deployment include quick deployment, improved flexibility and scalability, real-time data visibility, customization capabilities, and seamless integration with other eyecare software solutions. Small and medium-scale eyecare organizations are particularly attracted to cloud-based solutions due to their scalable networks and cost savings. Innovations in data security are also driving the adoption of cloud-based solutions by large-scale eyecare enterprises, which can store critical data on-premises and infrequently used data on a public cloud server. The market for cloud-based optometry software in North America is expected to grow at a higher compound annual growth rate (CAGR) than the on-premises deployment segment during the forecast period. This growth can be attributed to the cost savings, scalability, and other advantages offered by cloud-based solutions.

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Research Analysis

The optometry software market in North America is experiencing significant growth due to the increasing prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, and cataracts in the aging population. Electronic health records (EHR) and cloud-based solutions are becoming increasingly popular in optometry clinics, allowing optometrists to manage patient data and records more efficiently. AI-based software is also gaining traction in the market, offering advanced diagnostic capabilities for refractive errors and other eye conditions. Telehealth and telemedicine services are becoming essential tools for optometrists, enabling remote patient consultations and follow-ups. Mobile applications are also becoming commonplace, allowing patients to manage their appointments, prescriptions, and eye health information on the go. Some of the popular optometry software solutions include Eyefinity, Crystal PM, Compulink, and Maxim Eyes, among others. Cloud-based EMR systems like Inpatient EHR, Ambulatory EHR, and Revolution EHR are also being adopted by hospitals, clinics, specialist centers, and optometry practices to streamline their operations and improve patient care. Health records data is being shared securely and seamlessly between various healthcare providers, ensuring accurate and timely diagnosis and treatment.

Market Research Overview

The optometry software market in North America is experiencing significant growth due to the increasing prevalence of chronic ophthalmological conditions such as glaucoma, dry eye, cataracts, and refractive errors in the aging population. Electronic health records (EHR) and cloud-based solutions are becoming increasingly popular, enabling optometrists to manage patient data and records more efficiently. AI-based software and mobile applications are also gaining traction, offering remote patient monitoring and telehealth services. Key areas of focus include IOP measurement, prescription history, and retinal detachment detection. Optometry clinics, hospitals, specialist centers, and ambulatory EHRs are adopting cloud-based EMRs to streamline operations and improve patient care. Expansions, joint ventures, and acquisitions are common expansion strategies among key players in the market. Ophthalmologists and optometrists are also leveraging EHR software to manage patient data and provide telemedicine services for conditions like uveitis and astigmatism. Overall, the market is expected to continue growing as technology advances and the demand for efficient, patient-centered care increases.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeCloud-basedWeb-basedEnd-userHospitalsNursing HomesOthersGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Amsterdam & Partners LLP: New Paper Calls for Strengthened Sanctions against Bidzina Ivanishvili in Response to Trial against George Bachiashvili

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Robert Amsterdam says it is not too late to hold Georgia accountable for violations of rule of law.

LONDON, Jan. 22, 2025 /PRNewswire/ — Robert Amsterdam, the founding partner of Amsterdam & Partners LLP, has denounced the former Georgian Prime Minister Bidzina Ivanishvili ahead of the January 23 trial phase of court hearings against his client, George Bachiashvili.

The criminal case being brought against Bachiashvili relates to allegations of misappropriation and legalization of unlawful income. However, Amsterdam argues that Bachiashvili had fully repaid the 2015 loan to Cartu Bank, owned by Ivanishvili, and has documentation to prove it.

“There is no doubt that this show trial against Bachiashvili is taking place outside the rule of law, in violation of Georgian and international law, at the behest of the sanctioned oligarch Bidzina Ivanishvili,” said Amsterdam. “It is not too late for Western governments to take action against Ivanishvili with strengthened sanctions. Our firm is focusing on his French citizenship and working with an international team to explore all actions to hold him accountable.”

Ahead of the trial hearing, Amsterdam & Partners is publishing a new paper, “Countdown: How to Hold Bidzina Ivanishvili Accountable for his Assault on Democracy, His Kleptocratic Theft of Georgia’s Euro-Atlantic Future, and the Show Trial against George Bachiashvili.” The paper, which serves as an afterword to the May 2024 white paper on the Bachiashvili case, contains testimony from former members of the Georgian judiciary who accuse Ivanishvili of manipulating the judicial system for his own private interests, including via the so-called “Clan of Judges,” who were sanctioned by the US government in 2023.

“There is still time to take effective action against Ivanishvili and persuade him to change course allow oxygen back into Georgia’s democracy and judicial system,” Amsterdam writes in the paper. “His blatant and unrestrained manipulations of the judicial system to benefit his own personal enrichment represents the ultimate betrayal of public trust, deserving of the strongest penalties.”

“Countdown” can be downloaded at www.bidzinaslaw.com and more information about the firm is available at www.amsterdamandpartners.com.

James Kimer
Press representative
Media Theory
jk@mediatheory.com

This release was issued through WebWire®. For more information, visit http://www.webwire.com.

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SOURCE Amsterdam & Partners LLP

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