MANILA, Philippines, Nov. 27, 2024 /PRNewswire/ — Artificial intelligence (AI) is proving to be one of the most transformative technological revolutions since the advent of the internet. Unlike paradigm shifts in technology of the past, the present AI boom is largely driven by existing software instead of new innovations, with AI practitioners seeking to seamlessly integrating AI into existing applications to immediately unlock industrial and commercial value for the user.

At the core of AI adoption lies a decentralized approach, which encourages users and developers to create tailored solutions based on specific needs, thus fostering a self-sustaining ecosystem. In the recruitment field, Bossjob is pioneering yet another new application of AI, this time into job descriptions.

On November 27, Bossjob, a global AI-driven recruitment platform, unveiled its AI translation feature with the goal of ensuring all jobs, in whichever language they are posted, are easily understandable by the jobseeker in their native language.

“In the field of recruitment, globalization in the marketplace for talent faces a primary challenge: language differences between different operating regions, especially for one as fragmented and diverse as South East Asia. As a global AI recruitment platform, Bossjob is consistantly looking out for ways to bridge essential but difficult divides like these.” stated Quak Kiat How, CFO of Bossjob.

Globalization Requires Overcoming the Digital Divide

As global economic integration and technological innovation advance, more businesses are venturing into international markets. In 2024, numerous Chinese enterprises embarked on the vessel of global expansion, while native globalized companies continue accelerating their international efforts.

However, these disparities in access to information, internet technologies, and innovation capabilities between countries, regions, industries, companies, and communities have exacerbated the digital divide, leading to further polarization of wealth and opportunities. These gaps reflect not just technological limitations but also deep-rooted socioeconomic challenges, underscoring the pressing need for inclusive solutions.

Cultural differences such as language, religion, values, and business practices further complicate overseas expansion. Many HR professionals have reported that existing recruitment platforms primarily focus on matching resumes with job descriptions on a single dimension, overlooking critical variables such as language nuances and the implicit requirements within job postings.

Kiat highlighted that traditional model of recruitment platforms no longer meet the demands of a new generation, and the recruitment industry is poised for a transformative shift in service models.

AI: Redefining Recruitment Efficiency and Experience

At its core, recruitment addresses the need for matching people with jobs. Precision and efficiency are the cornerstones of value for both businesses and job seekers. With the application of AI, the recruitment process is being reimagined, introducing profound changes to hiring and job-hunting practices.

Kiat believes that, the traditional cycle of resume submissions and screenings may soon become obsolete. By allowing AI access to more comprehensive data, platforms can generate multidimensional profiles reflecting a candidate’s skills, career history, and potential, eliminating the need for manual resume creation. Similarly, AI-generated job and candidate models can streamline initial screenings, allowing recruiters and applicants to engage directly at advanced stages of the hiring process.

Bossjob is leveraging AI to continually enhance its services. For instance, the newly launched AI translation tool eliminates language barriers in recruitment, enabling seamless communication and efficient processes. The platform’s real-time, precise translations prevent delays and miscommunication, particularly for remote roles. Users can easily toggle between translated and original job descriptions for clarity.

Beyond translation, Bossjob has introduced AI-powered resume analysis, enabling HR teams to evaluate candidates’ compatibility with company cultures using big data insights. These tools have simplified workflows and significantly improved matching efficiency.

Exploring New Frontiers with AI

Bossjob’s AI-driven innovations extend beyond traditional recruitment, addressing emerging domains like Web3 and remote work. Official data reveals a tenfold increase in daily active users on the platform’s Web3 job listings, with employer activity rising by 20% since January. This trend underscores the untapped market potential unlocked by AI-powered solutions.

Since its inception, Bossjob has pioneered AI applications in recruitment through its “Mobile + Direct Chat + AI Scenario-based Features” (MDD) model. This approach integrates real-time messaging into recruitment workflows, leveraging advanced algorithms and big data to recommend highly compatible candidates to employers and personalized job matches to seekers. This precision matching reduces hiring costs for businesses while accelerating job seekers’ success rates.

Committed to continuous innovation, Bossjob has significantly invested in R&D to enhance its AI capabilities, building robust user trust and product credibility. Looking ahead, the platform plans to roll out additional features, including AI-simulated interviews, to meet diverse global recruitment needs.

Kiat stated, “We hope to continuously upgrade AI features and build an AI ecosystem that offers more efficient and intelligent recruitment services for companies while providing job seekers with more convenient and effective job search assistance, driving the global talent market’s growth.”

View original content:https://www.prnewswire.com/apac/news-releases/bridging-the-digital-divide-with-ai-how-bossjob-is-reshaping-recruitment-across-borders-302316535.html

SOURCE Bossjob

Global Cybersecurity Forum and DQ Institute Agreed to Launch the Child Protection in Cyberspace (CPC) Index in 2025

SINGAPORE, Nov. 27, 2024 /PRNewswire/ — The unveiling of the Child Protection in Cyberspace (CPC) Index at the Global Cybersecurity Forum (GCF) marks a groundbreaking milestone in the global effort to safeguard children online, announced by the Global Cybersecurity Forum Institute and the DQ Institute. This announcement took place during the Child Protection in Cyberspace (CPC) Summit at the GCF Annual Meeting on October 2-3, 2024, co-organized by the Global Cybersecurity Forum Institute, the International Telecommunication Union (ITU), UNICEF, WeProtect Global Alliance, and the DQ Institute. The CPC initiative, instated by the Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman, underscores a global commitment to promoting the digital well-being of children worldwide.

Dr. Yuhyun Park, Founder of the DQ Institute, emphasized that the launch of the CPC Index represents the first tangible action following last week’s 2024 UN General Assembly agreement on the Pact for the Future backed by the Global Digital Compact, which highlighted the importance of child protection in cyberspace.

“The CPC Index will serve as an important tracking and monitoring tool to measure the global progress of the CPC commitment towards creating safer digital spaces for children, in alignment with the 2024 UNGA global agreement,” said Dr. Park during an interview at the forum. “This tool is designed to empower countries by offering a comprehensive insight on their current status in child online safety and helping them design targeted national strategies and actions to enhance their national CPC Index performance.”

As a flagship program of the CPC initiative, the CPC Index offers a comprehensive 360-degree framework to evaluate and enhance efforts to ensure child safety online, engaging all stakeholders, including governments, ICT industries, schools, families, and children at the national level.

Backed by seven years of research and data from 100 countries, the CPC Index offers a global tool to assess ecosystems, foster cooperation, and help nations mitigate cyber-risks to protect children online worldwide.

Key features of the CPC Index include:

Global Benchmarks and Data Insights: Combines international benchmarks to provide a clear roadmap for tracking cyber-risks and assessing children’s digital citizenship levels.Holistic Analysis: Covers government policies and regulations, school education, family involvement, and tech industry accountability.Top Digital Citizenship Programs: Highlights the world’s top digital citizenship programs, offering actionable recommendations for policy and education leaders.

Dr. Park underscored the initiative’s global scope, calling it a testament to collaboration across public and private sectors. The CPC Index aggregates international standards and measures, offering nations a roadmap to advance from current challenges to a safer digital future.

“Globally, over 70 percent of children have encountered at least one cyber-risk,” said Dr. Park, referencing the DQ Institute’s Child Online Safety Index. “With the rise of artificial intelligence, this number could shift dramatically as new risks, like AI-generated deepfakes and fake news, emerge.”

While acknowledging AI’s potential to address certain risks, Dr. Park warned of its capacity to exacerbate challenges, emphasizing the urgency for proactive measures: “The goal is clear: to reduce the 70 percent figure by at least 15% by 2030.”

The CPC Index, Dr. Park emphasized, is a critical step toward protecting children in an increasingly AI-powered world. “Real change happens through implementation, and the CPC Index is poised to guide nations in ensuring the digital safety of the next generation.”

“An important step is a mandatory digital citizenship education in primary schools, which is a tipping point for long-term online safety for children,” she added, urging governments to prioritize early digital literacy education.

About DQ Institute:

The DQ Institute (DQI) is an international think-tank dedicated to setting global standards for digital intelligence and ensuring the safety, empowerment, and well-being of individuals, organizations, and nations in the digital age. DQ framework is recognized as the global standard for digital literacy, skills, and readiness (IEEE 3527.1-2020). DQI operates as a 501(c)(3) organization in the United States and as a not-for-profit organization in Singapore. For more information, visit DQ Institute’s website: https://www.dqinstitute.org 

Media Contact:
Eris Seah
DQ Institute
partnership@dqinstitute.org
+65 9396 9200

SOURCE DQ Institute

NEW YORK, Nov. 26, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global automotive radar sensors market size is estimated to grow by USD 6.51 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 14.01%  during the forecast period. Availability of high-frequency radar sensors is driving market growth, with a trend towards increased accuracy in perceiving environment through sensor fusion technique. However, concerns associated with cybersecurity risks poses a challenge.Key market players include Acconeer AB, AISIN CORP., Arbe Robotics Ltd, AU Inc, Autoliv Inc., Banner Engineering Corp., DENSO Corp., Faurecia SE, Infineon Technologies AG, Tsien UK Ltd, MediaTek Inc., NXP Semiconductors NV, Renesas Electronics Corp., Robert Bosch GmbH, Rohde and Schwarz GmbH and Co. KG, S.m.s Smart Microwave Sensors GmbH, Schaeffler AG, Texas Instruments Inc., Valeo SA, Vayyar Imaging Ltd., and Eravant.

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

Market Driver

The Automotive Radar Sensors market is experiencing significant growth due to the increasing demand for advanced safety features in both passenger and commercial vehicles. Radar sensors, including short-range and long-range, are crucial components of Advanced Driver-Assistance Systems (ADAS) and Autonomous Driving (AD) systems. Optical imaging, video, ultrasonic, infrared, LIDAR, and ultrasound are alternative technologies, but radar sensors offer superior detection capabilities and range. ADAS applications include Intelligent Park Assist, Lane Change Assistance, and Collision Prevention. Long-range radar sensors operate at 24 GHz, 77-GHz, and 79GHz frequencies, enabling high-resolution tracking and detection of objects at greater distances. Short-range radar sensors are used for parking assistance and collision mitigation. The autonomous car market is a major driver of the radar sensor industry, with companies like Tesla, Waymo, and NVIDIA investing heavily in this technology. Radar sensors are also used in security and surveillance, industrial applications, traffic monitoring, and infrastructure development. The future of the automotive radar sensor market lies in technology innovation, electrification, and mobility solutions. 

Modern vehicles incorporate numerous electronic systems, including radar, ultrasound, LIDAR, and cameras, to enhance Advanced Driver Assistance Systems (ADAS) features. Strict regulations and OEM differentiation drive the increasing demand for automotive radar sensors. However, these systems operate independently, limiting their effective and realistic functionality. Overcoming the shortcomings of each sensor type requires integration and information exchange among them, which is currently lacking. Thus, the market for automotive radar sensors continues to grow, addressing safety and regulatory requirements. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The Automotive Radar Sensors market is experiencing significant growth due to the increasing demand for advanced safety features in both passenger and commercial vehicles. Traditional sensors like Optical imaging, Video, Ultrasonic, and Infrared are being supplemented by newer technologies such as LIDAR, Short range radar, Mid range radar, and Long range radar. Automakers are integrating these sensors into Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) systems, including Intelligent Park Assist, Lane change assistance, and Collision prevention. Automotive radar sensors operate at various frequencies, including 24 GHz, and offer long-range detection capabilities. SAE-Level 3 automation and autonomous driving are driving the market, with technologies like DRIVE PILOT leading the way. The industry is also being influenced by trends such as Industry 4.0, electrification, and mobility. However, challenges remain, including the need for innovative packaging concepts and cutting-edge production processes for high-frequency components. The market is also impacted by competition from other sensors like cameras and ultrasound, as well as Moisture sensors and other technologies. The autonomous car market, consumer electronic devices, and infrastructure development are also key factors influencing the market. Long-range radar sensors, operating at 77-GHz and 79GHz frequencies, offer high-resolution tracking and detection capabilities, making them essential for collision mitigation (CM) and parking assistance (PA) systems. The market is expected to continue growing, driven by the increasing demand for safety features and the development of autonomous cars.Radar sensors in the automotive industry transmit signals between vehicles and roadside infrastructure, making them susceptible to eavesdropping attacks by malicious actors. These attacks can compromise vehicle privacy and expose sensitive information, such as location data, driving patterns, and vehicle telemetry. Cybercriminals may also launch denial-of-service (DoS) attacks against radar sensors or their communication networks, impairing sensor performance and disrupting safety-critical functions. Additionally, radar sensor systems are vulnerable to malware and ransomware attacks, which can inject malicious software into electronic control units (ECUs) or networked components, potentially causing significant harm to vehicle operations. It is essential for automotive companies to prioritize cybersecurity measures to protect against these threats and ensure the safe and reliable operation of radar sensors in vehicles.

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

Segment Overview 

This automotive radar sensors market report extensively covers market segmentation by 

Type 1.1 Medium-range1.2 Long-range1.3 Short-rangeApplication 2.1 FCW2.2 AEBS2.3 ACC2.4 BCD and othersGeography 3.1 Europe3.2 North America3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Medium-range-  The Automotive Radar Sensors Market is driven by the increasing adoption of advanced collision avoidance and prevention systems in both passenger and commercial vehicles. These systems utilize radar sensors to detect and alert drivers when their vehicle is approaching another at an unsafe distance. The systems offer various warning mechanisms, including alarm sounds, warning lights, or vibrations. The US National Highway Traffic Safety Administration (NHTSA) and New Car Assessment Programme (NCAP) in the EU, Japan, Korea, and China have mandated or encouraged the use of these systems in heavy vehicles and trucks. Tests have shown significant positive results in reducing crashes caused by driver distraction and other factors. Furthermore, these sensors are part of the bundled Advanced Driver-Assistance Systems (ADAS) offering, making them a standard fitment in the future. The global Automotive Radar Sensors Market is expected to grow significantly during the forecast period due to these factors.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Automotive Radar Sensors market is a rapidly growing segment in the automotive industry, driven by the increasing demand for advanced safety features and autonomous driving technologies. Radar sensors use radio waves to detect objects and measure their distance, velocity, and size. They offer several advantages over other sensing technologies such as optical imaging, video, ultrasonic, and infrared. Radar sensors come in various ranges, including short, mid, and long-range, catering to different applications in Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) systems. These systems enhance automation and mobility, providing features like lane change assistance, collision prevention, and safety enhancements. Industry 4.0 and electrification are also influencing the market, as radar sensors play a crucial role in optimizing vehicle performance and ensuring safety in these advanced technologies. With the increasing number of registered cars and the growing focus on mobility solutions, the Automotive Radar Sensors market is poised for significant growth in the coming years. Technology innovation continues to drive the market, with high-frequency components and advanced signal processing algorithms enabling improved accuracy and reliability. The market is expected to expand across passenger vehicles and commercial vehicles, catering to the diverse needs of the automotive industry.

Market Research Overview

Automotive Radar Sensors are an essential component of Advanced Driver-Assistance Systems (ADAS) and Autonomous Driving (AD) systems in modern vehicles. These sensors use radio waves to detect objects in the vehicle’s surroundings, providing real-time information on range, velocity, and angle. Unlike Optical imaging, Video, Ultrasonic, Infrared, and LIDAR sensors, Automotive Radar Sensors operate using radio waves in various frequency bands, including Short Range Radar (SRR), Mid Range Radar (MRR), and Long Range Radar (LRR). Radar sensors play a crucial role in various ADAS features, such as Lane Change Assistance, Collision Prevention, and Automation. They come in different frequency bands, with 24 GHz being commonly used for short-range applications, and 77-GHz and 79GHz frequencies for long-range detection. The Automotive Radar Sensors market is growing rapidly due to the increasing demand for safety features in passenger cars and commercial vehicles. The market is also driven by the trend towards autonomous driving and Industry 4.0, which requires high-resolution tracking and detection capabilities. The market for Automotive Radar Sensors is expected to grow significantly in the coming years, driven by the increasing number of registered cars, the adoption of SAE-Level 3 and higher automation, and the expanding use cases in areas such as security and surveillance, industrial applications, and traffic monitoring. The development of Automotive Radar Sensors involves cutting-edge production processes and innovative packaging concepts to ensure high-frequency components perform optimally. The market is also witnessing technology innovation in areas such as electrification, mobility, and safety features, making radar sensors an essential component of the future of transportation.

Table of Contents:

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

TypeMedium-rangeLong-rangeShort-rangeApplicationFCWAEBSACCBCD And OthersGeographyEuropeNorth AmericaAPACSouth AmericaMiddle East And Africa

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/automotive-radar-sensors-market-to-grow-by-usd-6-51-billion-2024-2028-high-frequency-radar-sensors-drive-growth-report-on-how-ai-redefines-market-landscape—technavio-302316081.html

SOURCE Technavio