Europe Smart Watches News

Recent industry report about Europe Smart Watches company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Europe Smart Watches Market industry experts.

Europe Smart Watches News

  • October 2023: Samsung continued its lineup of successful smartwatches during its Unpacked event and revealed the Galaxy Watch 6 Classic and Watch 6, much earlier than their predecessors. Watch 6 40mm/44mm specs: 1.3"/1.5" Sapphire Crystal displays, 1.4 GHz Exynos W930, 2GB/16GB memory, 300mAh/425mAh battery, Watch 6 water resistance, 5ATM + IP68. The Galaxy Watch 6 takes over the smart timepiece duties from last year's Galaxy Watch 5 but comes with a 20% bigger screen in a package of similar size, meaning a much slimmer bezel as well. In fact, the bezel of the Watch 6 has been slimmed down by 30% for a more elegant look.
  • September 2023: Apple introduced the Apple Watch Series 9, bringing new features to the world’s best-selling watch and performing a decisive environmental milestone. Apple Watch Series 9 is more advanced than ever with the new S9 SiP, which improves performance and abilities; a magical new double tap gesture; a brighter display; faster on-device Siri, Precision Finding for iPhone; now with the ability to access and log health data, and better. Apple Watch Series 9 runs watchOS 10, which supplies redesigned apps, the new Smart Stack, new watch faces, new hiking and cycling features, and tools to support mental health.
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  • September 2024: Gearset, the Salesforce DevOps platform announced its acquisition of Clayton, a specialized code analysis platform for Salesforce. The financial terms of the deal between these UK-based companies were not disclosed, however this strategic acquisition will substantially enhance Gearset’s capabilities in the growing field of DevSecOps.
  • July 2024: Backslash Security announced that they added an ability to simulate upgrades to a higher version of an application to its application security platform for scanning code and creating software bills of materials (SBOMs). Additionally, the company is now also making use of large language models (LLMs) to provide DevSecOps teams with guidance to remediate issues without ever exposing any code to the LLM.
  • October 2024: SAP announced the release of SAP S/4HANA Cloud Private Edition 2023 FPS02, which includes advanced AI-assisted capabilities and the expansion of SAP’s copilot Joule, the cutting edge digital assistant designed to transform the user experience.
  • August 2024: Broadcom unveiled the next generation of its private cloud platform: VMware Cloud Foundation 9 (VCF 9). This update promises to simplify and unify private cloud deployments, improve AI capabilities, and enhance security and resilience. Broadcom highlights VCF 9's ability to help organisations break down infrastructure silos, manage public cloud sprawl, and unlock the potential of AI
  • November 2024: SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, was named a leader in the Augmented Connected Worker market by Frost & Sullivan in their 2024 report on "Augmented Connected Worker Platforms," securing the top spot on the growth index axis.
  • September 2024: Plex announced that it added connected worker capabilities to MES. The new Plex Connected Frontline Workforce (CFW) application is intended to help manufacturers better manage problems they face around a diminishing workforce and expertise. The CFW capabilities are embedded in the Plex Manufacturing Execution System, a part of its SaaS smart manufacturing platform.
  • August 2024: Moxo has been recognized for the Best UX/UI Design in a SaaS Product, at the 2024 SaaS Awards. This esteemed recognition underscores Moxo's commitment to streamlining onboarding and account management workflows, enabling seamless service orchestration processes across customer, vendor, and partner interactions.
  • March 2024: Pixso, the innovative online collaborative platform for UI/UX design, has announced the introduction of a Lifetime Subscription. This new option allows creative professionals and teams to access Pixso's robust toolset with a single investment, eliminating the need for ongoing subscription fees.
  • September 2024: Majesco, a leading provider of cloud-based insurance software, has announced the launch of its new AI ecosystem designed to streamline insurance workflows. Majesco is committed to advancing digital transformation, and this new product leverages AI to automate tasks, improve efficiency, and offer advanced data insights.
  • July 2024: ICICI Lombard, a leading private general insurer in India, announced the launch of its revolutionary health insurance product, ‘Elevate’. Powered with AI, the first-of-its-kind health product is loaded with cutting-edge features and add-ons, offering personalised solutions to meet the needs of dynamic lifestyles, unforeseen medical emergencies and medical inflation.
  • November 2024: Kong Inc. has successfully closed its USD 175 million Series E funding round. The round, which included both primary and secondary transactions, was spearheaded by Tiger Global and Balderton. New investors, such as Ontario Teachers’ Pension Plan (OTPP) and 137 Ventures, joined the fray. Additionally, existing supporters like Andreessen Horowitz, Index Ventures, CRV, Sapphire Ventures, and Notable Capital bolstered their backing.
  • May 2024: Private AI has unveiled a Cloud API for its state-of-the-art PII detection, redaction, and data minimization tool. This groundbreaking API promises to revolutionize the approach businesses take in protecting and handling sensitive customer information. With its unparalleled convenience, scalability, and precision, the Private AI Cloud API is poised to be a pivotal asset for both developers and enterprises.
  • October 2024: Actfore, a provider of data mining and analysis solutions, has announced its spin-off from ActiveNav, a company specializing in discovery, privacy compliance, and data governance. It is operating independently, and Actfore is set to concentrate solely on delivering data solutions. Their primary focus will be assisting legal counsel, corporations, and industry professionals in identifying sensitive information during cyber breach incidents, as highlighted in a recent news release.
  • May 2023: Assembly Software, launched its latest offering: a revolutionary analytics product. Dubbed Advanced Analytics, this tool harnesses cutting-edge learning technology alongside historical data from Neos. It seamlessly provides predictive insights, covering aspects from staff efficiency to strategies for boosting profitability. With Advanced Analytics, firms can forgo the tedious task of data mining; the tool autonomously pinpoints actionable insights, driving tangible results.
  • October 2024: Iridium Communications Inc., a leading provider of global voice and data satellite communications, announced its collaboration with Nordic Semiconductor for early integration of its Iridium NTN Direct service into Nordic’s LTE-M/NB-IoT modules and chipsets.
  • September 2024: ZTE Corporation , a global leading provider of integrated information and communication technology solutions, announced its collaboration with China Telecom's Suzhou Branch to deploy an innovative 5G IoT integration network solution at The First Affiliated Hospital of Soochow University.
  • July 2024: Wirex, a Web3 money app, has partnered with Visa, a global leader in digital payments, to promote the adoption of digital currencies in the UK and the European Economic Area (EEA). This collaboration aims to harness innovative Visa cards and streamline payment experiences. By merging their strengths, consumers can trust Visa's established payment network while benefiting from Wirex's innovative products. A standout feature of this partnership is the introduction of Wirex Pay, a modular Zero Knowledge (ZK) payment chain developed by Wirex. Wirex Pay aims to transform the way users handle and utilize both cryptocurrencies and traditional currencies.
  • June 2024: WSPN, a player in global digital payments, has forged a significant partnership with DigiFT. DigiFT stands out as the first regulated exchange for on-chain real-world assets (RWA) and has been approved as a Recognised Market Operator. This recognition comes with a Capital Markets Services license from the Monetary Authority of Singapore. The collaboration highlights both entities' shared vision of pushing the boundaries of stablecoin applications and spearheading Web3 payment and investment solutions globally. As a testament to this alliance, WSPN's flagship stablecoin, the Worldwide USD (WUSD), pegged to the USD, will find its place on DigiFT's exchange.
  • August 2024: Immutable X has forged a strategic alliance with Squid, a renowned cross-chain liquidity router, aiming to bolster the web3 gaming ecosystem. This partnership focuses on simplifying the token-swapping process across diverse blockchain networks, ensuring users enjoy both convenience and security. With Squid's advanced technology integration, Immutable X is poised to advance its commitment to leading innovation in the web3 gaming arena. Squid, celebrated for its adept cross-chain liquidity solutions, empowers users to seamlessly exchange digital assets across multiple blockchains, granting fluid access to decentralized applications (dApps) spanning various chains.
  • October 2024: Lenovo launched two 10.95-inch convertible laptops: the Chromebook Duet (11”, 9) and the Chromebook Duet EDU G2. Both feature a 2K display, striking a balance between design and performance. The Chromebook Duet (11”, 9) boasts a full metal chassis, fortified with Corning® Gorilla® Glass for superior durability, and comes with a soft protective folio. This makes it an ideal portable companion, ready to entertain, adapt, and inspire creativity. Meanwhile, the Chromebook Duet EDU G2 serves as a valuable educational tool for both students and teachers, enhancing its durability with a rugged case and a detachable keyboard.
  • August 2024: Acer has introduced its latest laptop models, the Chromebook Plus 15 and Chromebook Plus 14, in India. These models cater not only to standard users but also to enterprise and education sectors. Both Chromebooks boast Full-HD LCD displays and are driven by either Intel or AMD Ryzen processors. They come with configurations of up to 16GB RAM and 512GB storage. Additionally, Acer highlights that both the Chromebook Plus 15 and Chromebook Plus 14 come integrated with Google's applications, enhanced by the company's Gemini AI features.

European Smartwatch Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)