Recent findings from IDC report the Ethernet switch market revenue grew by 20.1% to $44.2 billion in 2023. The datacenter segment of the market rose by 13.6%, and ODM direct sales increased by 16.2%. However, the enterprise and service provider router market saw a decline of 0.4% in revenue.
Read MoreTop-performing supply chains are investing in AI/ML to optimize their processes twice as much as low-performing peers. The best organizations focus on productivity, not efficiency or cost savings, to sustain growth. A recent Gartner survey aims to understand how supply chains are adapting to changes in economic values and harnessing digital assets for productivity.
Read More68% of finance organizations are using or planning to use AI, according to a recent survey by Gartner. Of 133 finance leaders surveyed in May 2023, 39% are currently using AI/ML, and 29% plan to use it in the future. Successful AI-forward finance organizations embrace AI at the C-suite level and embed data science teams within finance departments. Employees should view AI as a co-worker, not a threat to their jobs, for the highest likelihood and magnitude of success.
Read MoreWorldwide revenue for the public cloud services market totaled $545.8 billion in 2022, an increase of 22.9% over 2021. SaaS applications remained the largest public cloud services revenue source, accounting for more than 45% of the total in 2022. IaaS was the second largest revenue category, with 21.2% of the total. In comparison, PaaS and Software as a Service – System Infrastructure Software (SaaS – SIS) delivered 17.0% and 16.7% of overall revenue, respectively, according to new data from IDC.
Read More79% of corporate strategists say technologies such as analytics, AI, and automation will be critical to success over the next two years. Strategists said that, on average, 50% of strategic planning and execution activities could be partially or fully automated; currently, only 15% are. Leveraging analytics and AI for more efficient, insightful strategy decisions is one of the biggest challenges and opportunities corporate strategists face this year.
Read MoreAs marketers face increased scrutiny over their operations, Gartner, Inc. has revealed its top five predictions that marketing leaders must incorporate in their strategies in 2023 and beyond to drive results and regain the confidence of business leaders.
Read MoreDespite the popular belief that organizations derive value from artificial intelligence (AI) at the expense of the individuals they employ, and that AI-powered automation can lead to the displacement of workers, 60% of employees view AI as a coworker and not a job threat. Furthermore, organizations with employees who derive value from AI are 5.9 times as likely to see significant financial benefits from it than organizations where employees do not get value from AI, according to a report from MIT Sloan Management Review (MIT SMR) and Boston Consulting Group (BCG) being released today.
Read MoreAs 5G’s commercial rollout continues, the deployment of distributed computing has become progressively more important. But in the 5G era, distributed computing has played a supportive role, while, as enterprises and service providers transition to 6G, distributed computing will be given a leading role.
Read MoreWorldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services for both AI centric and AI non-centric applications*, totaled $383.3 billion in 2021, an increase of 20.7% over the prior year, according to the most recent International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Tracker.
Read MoreAll eyes in the entertainment technology community are focused on new developments that will be unveiled in Amsterdam, as leaders from around the world gather at IBC 2022 to unveil new products, services and consumer experiences that will define the industry as we move deeper into the decade. VANTIVA, the brand that will replace the Technicolor corporate name by the end of September, is making its debut during the conference, which is being held from September 9th to September 12th at the RAI in Amsterdam.
Also at the event will be members of the VANTIVA HERO Partnership program. These are innovative companies that are collaborating to integrate a growing array of engaging features and services on cutting-edge customer premises equipment (including gateways and media hub devices) from VANTIVA.
The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching $22.3 billion in 2021. According to ABI Research, this is just $0.4 million shy of the historical high of $22.7 billion recorded in 2019.
Read MoreParks Associates finds that 48% of security system owners report that their system triggers too many false alarms. The research explores consumer attitudes, preferences, and experiences in security event management among households with professional monitoring.
Read MoreBroadcasters, streaming service providers, and Smart TV manufacturers alike are re-positioning themselves to address evolving customer expectations in North America for higher quality video experiences. A broader discussion surrounding viewing standards has emerged to integrate emerging technologies, improve ease of customer use, and ensure compatibility and interoperability with new and legacy services.
Read MoreThe new Smart Manufacturing Platforms Competitive Ranking by global technology intelligence firm ABI Research provides an in-depth and unbiased examination of the solutions offered by nine manufacturing platform providers delivering market insights on certain chosen technological criteria.
Read MoreThe current business transformation initiatives have been made possible by the synergistic combination of expertise from the worlds of Operating Technologies (OT) and Information Technologies (IT). This is bringing about intelligent, interconnected, and autonomous manufacturing equipment and systems. The achievement of shared objectives across OT and IT communities will be enabled by new dynamic -- constantly evolving -- technological resources, such as artificial intelligence (AI), big data, cloud computing, and ubiquitous connectivity.
Read MoreIDP vendors are expected to offer more out-of-the-box, pre-trained IDP solutions to meet the demand for faster ROI and quicker deployment. Cost impact is now the key driver for IDP adoption as enterprises seek to realize tangible benefits from the technology, closely followed by improving operational efficiency and productivity.
Read MoreCOVID-19 has put healthcare systems across the globe under tremendous pressure and underscored the urgent need to advance to a smart healthcare system. Transformative technologies such as 5G connectivity, Artificial Intelligence (AI), Augmented Reality, and Virtual reality (AR/VR), are at the forefront of a digitized health care system. There is an urgent need for a communication infrastructure that unites the currently very fragmented technology landscape.
Read MoreA new IDC report provides an overview of Indian organizations’ skill development plans in the near future. This report provides insights into organizations' skill development goals, the importance of technology skills in digital transformation goals, the overall business impact arising from lack of skills, how organizations plan to acquire or develop critical skills within their businesses in the next six months.
Read MoreAccording to ABI Research, the global edge Artificial Intelligence (AI) Software-as-a-Service (SaaS) and turnkey service market will grow to reach $7.2 billion in 2025. This is 25% of the global edge AI market, which is estimated to be US$28 billion by 2025, comprising of edge AI chipsets, SaaS, and turnkey services, as well as professional services.
Read MoreAs the complexity of enterprise infrastructures rise in response to accelerated technology modernization and business transformation, organizations across industries are exploring the role that AI will play in optimizing IT operations while introducing innovative business operations.
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