Posts in News Roundup
Big Data and Analytics Software Market to Record Strong Growth in the Coming Years, Says IDC

The Semiannual Big Data and Analytics Software Tracker published by International Data Corporation (IDC) expects current geopolitical developments to have a mild impact on market growth, with a positive outlook for the future. The trend of companies relying on data manipulation to analyze, predict, and swiftly adapt to changing market conditions is here to stay, being fueled by ongoing supply chain and demand shift challenges.

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IDC Tracker Finds Upward Pricing Putting Downward Pressure on AR/VR Headsets

On the backs of a tough economic environment and rising prices, International Data Corporation (IDC) has reduced its outlook for augmented reality (AR) and virtual reality (VR) headsets for the remainder of 2022 and beyond. Global shipments for AR and VR headsets will decline by 12.8% in 2022, dropping to 9.7 million units. Growth is expected to return in 2023 as shipments are forecast to jump 31.5% year over year. Sustained growth of more than 30% is also forecast for the next several years culminating in 35.1 million units shipped in 2026.

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Gartner Survey Identifies the Top 10 Priorities for CFOs in 2023

Evaluating finance function strategy, scope and design is the top priority for CFOs in 2023, according to a survey by Gartner, Inc. A survey of 157 CFOs in November 2022 ranked the top 10 priorities for CFOs for this year, and 90% of respondents selected evaluating finance strategy, scope and design as the top priority, followed by planning and sequencing finance transformation activities.

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IDC Semiannual Software Tracker Reports Steady Increase for Software Revenues in 2022 and Forecasts Further Growth for the Next Several Years

The International Data Corporation (IDC) Worldwide Semiannual Software Tracker finds strong revenue results for the global software industry among fears of inflation and the ongoing Russia-Ukraine war. Current geopolitical and macroeconomic turmoil is not expected to have a decisive impact on software growth as businesses push for more automation and digitalization to save costs and improve supply chains across the globe.

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Gartner Highlights 10 Common Cloud Strategy Mistakes

A cloud strategy is a concise viewpoint on the role of cloud computing in the organization. However, business and IT leaders continue to make 10 common mistakes when crafting their cloud strategy, according to Gartner, Inc. Gartner analysts are discussing how to enable and exploit cloud, and demonstrate value at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference 2022, which is taking place here through Tuesday.

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The Powerful Legacy of TV in Today’s Streaming Platforms, According to Frost & Sullivan

More and more people are leaving cable and satellite television (TV) offerings behind and fully embracing streaming alternatives for their daily entertainment. However, the powerful legacy that TV left is undeniably shaping the future of streaming services. In fact, multiple streaming providers are turning their platforms into hybrid services that combine classic streaming with some characteristic aspects of traditional TV.

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New Bain & Company Research Finds Global Revenue for Games Could Grow by More Than 50% Over the Next Five Years

Global revenue for games could grow by more than 50% over the next five years, according to new research by Bain & Company. Research shows that industry growth is being accelerated by heavy engagement of younger gamers (ages 13 to 17) who spend about 40% more time in video game environments than with any other form of media.

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Gartner Survey of Over 2,000 CIOs Reveals the Need to Accelerate Time to Value from Digital Investments

CIOs and IT leaders must take action to accelerate time to value and drive top- and bottom-line enterprise growth from digital investments, according to Gartner, Inc.’s annual global survey of CIOs and technology executives. The survey gathered data from 2,203 CIO respondents in 81 countries and all major industries, representing approximately $15 trillion in revenue/public-sector budgets and $322 billion in IT spending.

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Embedded Finance Transaction Value to More Than Double to $7 trillion in US by 2026, but Financial Institutions Must Move Quickly to Keep Up—Bain & Company and Bain Capital Report

Embedded finance, the integration of value-added financial services into software offerings, is set to redefine how consumers and businesses build and manage relationships with financial services, according to new research and analysis from Bain & Company and Bain Capital.

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BTR Roundtable: Culture of Automation, Standardization and Ad-Hoc Collaboration Emerges as Key to Success in ISR Applications Across Emergency Management Operations

BizTechReports presents an open and industry-focused conversation on the role of ISR in providing support for emergency management agencies as well as the hurdles in the way of accelerated adoption. Our panel of experts explore the latest evolutions in ISR technologies and how these systems can be rapidly deployed by prospective agencies. We also identify the various stakeholders within the target audience groups of ISR technologies providers and some best practices for how the ISR community can work together to identify and engage with emergency management agencies.

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US Online Sales To Reach Historic Levels This Holiday Season, Says Forrester

US online holiday sales are estimated to grow 24% year over year in 2020. According to a new forecast report, “US Online Holiday Sales Will Reach Historic Levels Despite Uncertainty From COVID-19,” US online holiday sales will mirror the high growth trend that online retail has experienced since the start of the pandemic.

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Smart Home and Car Integration Brings Opportunity, But Complexity, to Automakers: ABI Research

The importance of the growing smart home market is drawing in car manufacturers and their development strategies, as Mercedes, BMW, Ford, and others are bringing Amazon Alexa and other smart home voice control platforms into their connected cars. But, voice control is just the start, ABI Research suggests.

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Session-based Watermarking Can Stop Piracy at its Source: ABI Research

Video piracy – the copying and selling copyrighted content - has been around since the advent of the VHS tape and home video recording in 1979. Today, video piracy has shifted from pirated set-top boxes to content redistribution over broadband networks, ABI Research noted Nov. 9.  The most common forms of piracy today include illegal fully-loaded Kodi boxes, social network live streams, torrents of exclusive series or movies, web-based redistribution via file lockers, and password sharing. Service providers lose US$6 to US$8 billion annually in revenue to piracy.

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