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US drone firm Skydio valued at $1 billion as government freezes out Chinese competition

The Verge

Skydio’s X2 drone is aimed at enterprise and military customers. It followed this up with the smarter and much cheaper $999 Skydio 2 in 2019 , and last year announced its first drone aimed specifically at enterprise and military customers: the X2. billion in 2020 to $35 billion in 2026. Image: Skydio.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. AI is also enabling users to do a quick 3D scan of their mouth with their mobile phone, so they can see their potential new smile in a matter of minutes, Skinner says. CAGR through 2026, Fernandez notes.

Budget 145
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Digital twins are primed to revolutionize the infrastructure industry

CIO Business Intelligence

Keith Bentley of software developer Bentley Systems describes digital twins as the biggest opportunity for IT value contribution to the physical infrastructure industry since the personal computer, and they’re used in a wide variety of industries , lending enterprises insights into maintenance and ways to optimize manufacturing supply chains.

Industry 143