Latest News & Executive Interviews
Vitria's Chris Menier Describes State of Digital Operations in the Cable/Telco Sector and the Keys to Enabling Successful Transformation
Broadband services offered by leading companies in the cable and telecommunications industries have provided critical enabling platforms for organizations implementing digital transformation strategies. However, the network service providers (NSPs) themselves have remained mired in legacy operations, according to Chris Menier, Vice President and Transformation Strategist at Vitria, the Menlo Park, Calif.-based IoT analytics platform provider, in a podcast interview for journalists.
IoT Security Spend to Grow 300 Percent by 2023, Juniper Research Forecasts
A new study from Juniper Research found that spending on Internet of Things (IoT) cybersecurity solutions is set to reach over $6 billion globally by 2023. The UK-based consultancy highlighted rapid growth, with spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) to rise by nearly 300 percent over the forecast period.
Average Upgrade Cycle for U.S. Smartphones is 32 Months, NPD Group Finds
The average U.S. smartphone upgrade cycle is 32 months, up from 25 months one year prior (2H 2017 vs. 2H 2016), according to the latest Mobile Connectivity Report from NPD Connected Intelligence. Over the same time period, the percentage of smartphone users holding on to their smartphones for over three years has increased from 18 percent in the second half of 2016 to 22 percent in the second half of 2017.
Consumers Watch More Than Two Hours Per Week of Alternative Video on Computers: Parks Associates
New video research from Parks Associates reveals U.S. broadband households watch an average of two hours of alternative content on a computer each week from sources including Facebook, SnapChat, YouTube, Vimeo, and Dailymotion.
4K Ultra HD TVs Propel Flat Panel TV Market to 194 Million Units in 2022, ABI Research Says
The rapid and increasing number of worldwide 4K flat panel TV shipments over the past few years is contributing to the overall growth of the global flat panel TV market, according to a new forecast from ABI Research. 4K TV units account for more than one-third of the total flat panel TV units sold in 2017. The strategic advisory firm forecasts that 4K flat panel TV shipments will surpass 102 million in 2018, representing 44 percent of total global flat panel TV shipments.
Insurance Companies Are Falling Short on Digital Customer Engagement, J.D. Power Finds
Property & casualty (P&C) insurance companies are failing to meet their customers’ expectations when it comes to digital interactions, according to the J.D. Power 2018 Insurance Digital Experience Study.
Increasing PC Prices Will Lead to Flat Growth in 2018 Global Device Shipments: Gartner
Worldwide shipments of devices -- PCs, tablets and mobile phones -- are on pace to record 0.9 percent growth to reach 2.28 billion units in 2018, according to Gartner, Inc. The PC and tablet market is estimated to decline 1.2 percent in 2018, while the mobile phone market is on pace to record an increase of 1.4 percent.
U.S. Broadband Households Are Embracing Esports and Video Games, Parks Associates Says
One-tenth of all U.S. broadband customers are watching the new esports content form, while 62 percent spend at least one hour per week playing video games, according to new research from Parks Associates. Additionally, 62 percent of U.S. broadband households play video games at least one hour per week.
AR and VR Over 5G Networks Gains Momentum in Industrial Sector: ABI Research
Nearly 10 percent of industrial smart glasses and standalone virtual reality (VR) devices will have a 5G connection by 2026, according to a new forecast from ABI Research. Additionally, augmented reality (AR) is growing in presence in industrial applications such as smart manufacturing and remote operation of industrial machinery.
More Than Half of U.S. Video Buyers and Renters Purchased Digital Content in 2017: NPD Group
More than half (51 percent) of consumers who are active in buying or renting video content consumed at least some digital content, which is 7 percentage points higher than last year, according to a new report from NPD Group.
IoT-Enabled Systems to Propel Demand Response Market to $3.5 Billion in 2025: Frost & Sullivan
The rise of smart cities will accelerate the adoption and growth opportunities of demand response (DR) solutions in the residential segment, according to new research from Frost & Sullivan.
Australian Networking and Infrastructure Market to Surge in 2018, IDC Forecasts
The Australian Enterprise and Service Provider (SP) Ethernet Switch Market grew by 12.4 percent year-over-year (YoY) in the first quarter of 2018, according to IDC's APAC Quarterly Ethernet Switch Tracker. The market, which includes data centers, ended up generating revenues of $122.4 million.
Gartner Identifies the Top Six Security and Risk Management Trends
As businesses become increasingly concerned about the impact cybersecurity can have on business outcomes, security leaders should harness that increased support to improve their organization’s resilience while elevating their own standing, Gartner Inc. says.
Zero Density’s Aydemir Sahin Explores New Frontiers and Innovation in Virtual Studio Production
According to recent Parks Associates TV-viewing research, video consumption from on-demand sources continues to gain a larger segment of viewership, while live TV viewership is on the decline. As the landscape continues to transform through both consumer viewing habits and the growing variety of content sources such as live TV, over-the-top (OTT) and online, broadcasters are looking for ways to present unique, relevant offerings that can adapt to this dynamic market while also being cost-effective.
Despite Rising Crises, Deloitte Survey Finds Organizations' Confidence Exceeds Crisis Preparedness
Sixty percent of crisis management leaders believe that organizations face more crises today than they did 10 years ago, according to a new survey from Deloitte. Organizations’ confidence in their crisis management capabilities often does not align with their actual level of preparedness, however.
Smart Devices Are a Critical Entry Point to the IoT Ecosystem, IHS Markit Says
As smart functionality makes its way into homes and businesses, two devices are gaining a foothold into broader ecosystems to maximize growth and revenue opportunities: smart speakers and smart meters. According to IHS Markit, by the end of 2021, there will be an installed base of 328 million smart speakers and more than 1.13 billion smart electricity, water and gas meters.
Akamai’s Peter Chave Discusses the Future of OTT Services, Online Video Fidelity and Security in the Content Delivery Network Market
Consumer demand for OTT content and online video continues to increase, and content delivery network providers such as Akamai have developed solutions that ensure the highest quality and security for clients and their end user, according to Peter Chave, principal architect for Akamai, in a podcast interview with BizTechReports in which he discussed advances in online video fidelity and the horizon beyond quadrature amplitude modulation (QAM).
Location-Based Virtual Reality Market to Hit $809 Million By 2022, Futuresource Consulting Says
Consumer expenditures on experiential location-based virtual reality (LBVR) in shopping arcades, theme parks and movie theatres are expected to reach $809 million by 2022, according to a VR Tracker Report from Futuresource Consulting.
5G Networks Promise Substantial Opportunities For Autonomous Vehicle Networks, Gartner Says
The advent of 5G networks will enable communications service providers (CSPs) to secure future market opportunities with manufacturers of autonomous vehicles (AVs) in the fields of driver safety and data processing and management, according to new research from Gartner, Inc.
Mobile Operators Must Look Beyond 5G to Reap Rewards of Smart Manufacturing: ABI Research
Despite high ambitions for the smart manufacturing sector, mobile service providers (MSPs), are currently secondary players in this market, according to a new forecast from ABI Research. Consequently, their short-term opportunity in manufacturing is forecast to be only $2.6 billion by 2022,