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Gartner Says CFOs Should Assess Recession Readiness Now

CFOs seeking to bolster their organizations’ recession preparedness should start by assessing their deal pipelines, testing the speed of their team’s financial analysis and ensuring their balance sheets can support countercyclical investments, according to Gartner, Inc.

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Alibaba, Amazon, Google, IBM, and Microsoft Named ‘Leaders’ in IHS Markit Cloud Services Scorecard

Amazon (AWS), Google, IBM, Microsoft (Azurea) and Alibaba were named “leaders” by IHS  Markit's new scorecard on off-premises cloud IT service providers.
“Leadership in the cloud IT infrastructure services market requires a diverse portfolio, and all of the leaders have strong brand awareness and a reputation of innovation,” said Devan Adams, principal analyst, cloud and data center research practice, IHS Markit.

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Nate Fisher Nate Fisher

5G as a ‘Silver Bullet’ for Smartphones will Necessitate Refreshed Vendor Strategies to Arrest Declining Market Growth, ABI Research Says

Despite the smartphone market’s slowing growth due to saturating addressable markets, ballooning Average Selling Prices (ASPs), prevailing consumer price fatigue, and lengthening replacement cycles, all is not lost. In fact, the market will witness a 4.1 percent rise in shipments in 2019, growing to just under 1.6 billion for the year, according to ABI Research.

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Parks Associates: 97 Percent of Smart Speaker Households Own Only One Device Brand

New research from Parks Associates finds smart speakers inspire strong brand loyalty among owners—97 percent of smart speaker households own only one brand in this device category. New research from 360 Deep Dive: Consumer Demand for High-End Entertainment Devices reveals two-thirds of smart speaker households own an Echo device, while almost one-third own a Google Home. Low-end models such as the Echo Dot and Google Home Mini are the most common products owned, but the trend of brand loyalty in this early market creates opportunities for device makers to upsell premium products.

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AI Set to Drive Global Supply Chain Technology Market to $440 Billion by 2023, ABI Research Says

Revenues generated by technology in the global supply chain will increase at a compound annual growth rate (CAGR) of 11 percent, reaching $440 billion by 2023, according to ABI Research. Suppliers, manufacturers, retailers, and logistics service providers (LSPs) will continue to adopt increasingly sophisticated and impactful digital technology strategies to deliver value along the entire logistics value chain.

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Nate Fisher Nate Fisher

Gartner Predicts 70 Percent of Organizations Will Integrate AI to Assist Employees’ Productivity by 2021

Artificial intelligence (AI) is increasingly making its way into the workplace, with virtual personal assistants (VPAs) and other forms of chatbots now augmenting human performance in many organizations. Gartner, Inc. predicts that, by 2021, 70 percent of organizations will assist their employees’ productivity by integrating AI in the workplace. This development will prompt 10 percent of organizations to add a digital harassment policy to workplace regulation.

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Global IT Spending to Reach $3.8 Trillion in 2019 Gartner Says

Worldwide IT spending is projected to total $3.76 trillion in 2019, an increase of 3.2 percent from 2018, according to the latest forecast by Gartner, Inc. Additionally, all segments are forecast to exhibit growth in 2019 despite threats such as recession and Brexit.

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Mobile Ticketing Users To Reach 1.9 Billion By 2023, Catalyzing Urban Mobility Revolution

A new study from Juniper Research found that users of mobile ticketing will total 1.9 billion by 2023, up from 1.1 billion in 2019. In comparison, the total number of digital ticketing users across mobile, online and wearable channels, will reach 2.2 billion by 2023. Juniper Research forecasts that mobile will account for more than half of all digital ticketing users in 2019.

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Futuresource Consulting Reveals Substantial Esports Opportunity for Pro AV, Broadcast & IT Industry

The eSports phenomenon continues to gain momentum with a business expected to reach over a billion dollars in revenue this year, according to a new report from Futuresource Consulting. This market comprises games publishers’ revenues, media rights, event ticket sales and merchandise, advertising and sponsorship, this figure is expected to triple over the next five years.

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AR/VR Investment Stabilized in Q4 2018, Digi-Capital Says

The bloom was apparently back on the rose for augmented reality (AR) virtual reality (VR) and computer vision startups in 2018, according to new research from Digi-Capital.  The gains in Q4 2018 driven by large, late-stage deals in China.

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