While digital transformation has meant the increasing prominence of digital technologies in traditional industries, there will be decreasing prominence of digital technologies in the next era, according to the Gartner.
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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.
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Networks have been commoditized over the last few years and the cost of connectivity has fallen. Value has shifted from network infrastructure to the services built on top of the network. This has led to significant interest in the network-as-a-service (NaaS) market. Global technology intelligence firm ABI Research expects this market to expand significantly reaching over $150 billion by 2030.
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Leading home improvement retailers and manufacturers are redefining how they design, develop and deploy digital strategies to integrate employee (ESAT) and customer satisfaction (CSAT) levels to accomplish critical future-state objectives, according to Christina Cooley, Director of the Home Intelligence Practice with J.D. Power.
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Oil & Gas firms face a myriad of operational, commercial, and existential threats. According to ABI Research, Oil & Gas firms are turning to digitalization to combat these threats and will spend $15.6 billion on digital technologies in 2030.
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New research from Parks Associates finds 75% of heads of US broadband households report playing video games for at least one hour per week and 36% subscribe to or are trialing at least one free or paid gaming service. The firm forecasts the potential market opportunity for US cloud gaming services is $3.6 billion in 2024.
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Malware and ransomware attacks have achieved an unprecedented level of ubiquity across organizations of all sizes and industries. A Spring of 2021 survey conducted by analysts at IDC revealed that 95.1% of organizations had suffered a malicious attack within the past 12 months, and 36.6% of respondents have suffered more than 25 attacks during that time.
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Confidence that quantum computers will solve major problems that are beyond the reach of traditional computers—a milestone known as quantum advantage—has grown fast in the past twelve months, according to a new report by BCG. Investors are moving aggressively to increase the amount they allocate to quantum computing, with two-thirds of all equity investments in the field coming since 2018.
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A 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.
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Digital transformation (DX) is one of the trends shaping the enterprise world and driving the investments organizations are making to modernize their IT infrastructures and processes. Migration to service-based IT is one of the significant elements of DX initiatives as it enables organizations to utilize IT more efficiently for achieving business goals, pursuing new opportunities, and enhancing customer experience.
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While most organizations continue to spend more hours on their SOX compliance activities year-over-year, digital leaders have reported experiencing a lesser impact of increasing hours, which suggests they are gaining advantages through greater use of technology (including automation) in the SOX compliance process. 51% of survey respondents utilized technology tools in the testing of controls for their fiscal year, marking a yearly increase of 5%.
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The top 35 cloud and colocation service providers opened 10 million square feet of data center capacity in 2H20 according to Omdia’s latest Cloud & Colocation Data Center Building Tracker, despite lingering impacts of the COVID-19 pandemic. Approximately 51% of the new capacity was brought online by colocation service providers and 48% by cloud service providers.
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Strategy Analytics finds that explosive growth in consumer broadband Internet traffic is coming to an end. The Strategy Analytics Service Provider Strategies (SPS) service report, “Is Fixed Broadband Traffic Growth Slowing Down?,” predicts that annual growth in consumer broadband Internet traffic will decline by 82 percent in 2018 – 2028.
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According 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.
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The need for secure email has never been stronger as the complexity and volume of threats have increased significantly. Frost & Sullivan’s recent analysis finds that the global email security market is estimated to reach $5.27 billion by 2025 from $3.14 billion in 2020, expanding at a CAGR of 10.9%, with North America expected to remain the largest contributor.
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As 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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As IT and business leaders gear up for the next phase of development in digital transformation (DX), enterprises have embarked on a race to expand their digital innovation capabilities to compete and thrive in the rapidly digitizing global economy, according to new research from International Data Corp. (IDC). Increasingly, organizations are unleashing "multiplied innovation" through expanded digital reach, pervasive intelligence, exploding app and service development, evolving customer expectations, and ambient trust and security.
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