Speaking at the flagship IBM Think conference in Mumbai, on Tuesday, Paul Burton, general manager, IBM Asia Pacific, and Sandip Patel, managing director, IBM India and South Asia, said that skill gaps and talent scarcity are also driving larger investments in artificial intelligence (AI) and automation.
ABB said the European robotics and automation market is expected to grow by 7% per year between 2023 and the end of 2027, driven by companies bringing back production from Asia.
Shares in Apple and its suppliers were battered last week after reports that Chinese government agencies and state firms were banning staff from using the phone and Huawei launched a new smartphone with an advanced chip, seen as an effort by the Chinese firm for a comeback.
Google denied that it had illegally used agreements to exclude its search competitors and said it had simply provided a superior product, adding that people can easily switch which search engine they use.