Latest News & Executive Interviews
Blockchain to Transform Retail with Asset Tracking Revenues Reaching $4.5 Billion by 2023
New research by Juniper Research found that annual revenues from blockchain retail asset tracking will leap to $4.5 billion by 2023. While anything from gemstones to cars and healthcare can be tracked on blockchain, retail is a hotbed for the technology. Blockchain’s versatility offers retailers transparency in the supply chain, customer loyalty management and operational efficiencies, among other benefits; leading to faster adoption than in other sectors.
Despite short-term questions, games software/hardware to top $200 billion by 2023
While the games industry may be currently facing some negative sentiment in the stock market, Digi-Capital is still forecasting that video game software/hardware combined revenue could drive well over $200 billion revenue by 2023, and tracked a record $5.7 billion investment in games companies in 2018.
Europe Blockchain Technologies Market on Track to Hit $3.6 Billion in 2022, According to IDC
Despite a slow start, Europe is now one of the fastest-growing regions worldwide for blockchain spending, according to a new report from International Data Corp. (IDC). This is due to a number of factors, such as enterprises moving blockchain to production and a wave of local start-ups driving marketing and sales activities.
Apple Hints at Launch of a New SVoD Service Says Futuresource
Apple has given the strong impression that the launch of a new SVoD service will be part of the company’s first 2019 event this March 25th in a move that has been widely anticipated across the video and TV market for years, according to Futuresource Consulting.
Average household spending on subscription OTT streaming services has held steady for the past three years
Household spending on subscription OTT video services has held steady for three years, averaging just under $8 per month since 2016 according to Parks Associates’ OTT Video Research. Given the growing adoption of OTT video services over the past three years, these figures suggest that adoption of multiple services or expensive services by some consumers is offset by a larger base of consumers who either subscribe to one or two relatively inexpensive services, including 30 percent of consumers who do not spend any money on OTT video services.
Bank Cost Savings Via Chatbots To Reach $7.3 Billion By 2023, As Automated Customer Experience Evolves: Juniper Research.
A new study from Juniper Research has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019. This represents time saved for banks in 2023 of 862 million hours, equivalent to nearly half a million working years.
Commercial Virtual Card Payments to Exceed $1 Trillion by 2022, But Will Struggle to Broaden Appeal
The annual value of virtual cards (temporary cards that are only available for a single transaction or limited time) is projected to grow 90% over the next four years and exceed $1 trillion by 2022 according to a new report from Juniper Research.
Worldwide Spending on Artificial Intelligence Systems Will Grow to Nearly $35.8 Billion in 2019, According to New IDC Spending Guide
Worldwide spending on artificial intelligence (AI) systems is forecast to reach $35.8 billion in 2019, an increase of 44 percent over the amount spent in 2018, International Data Corporation (IDC) forecasts.
Gartner Predicts Three Digital Business Impacts on Product, Program and Portfolio Management
By 2023, 80 percent of organizations will have an enterprise program management office (EPMO) focused on integrating digital products and programs, according to new Gartner research.
Worldwide Spending on Artificial Intelligence Systems Will Grow to Nearly $35.8 Billion in 2019, According to New IDC Spending Guide
Worldwide spending on artificial intelligence (AI) systems is forecast to reach $35.8 billion in 2019, an increase of 44 percent over the amount spent in 2018, International Data Corporation (IDC) forecasts.
Worldwide Enterprise Storage Systems Market Revenue Grew 7.4 Percent in 4Q18, IDC Says
Vendor revenue in the worldwide enterprise storage systems market increased 7.4 percent year-over-year to $14.5 billion during the fourth quarter of 2018 (4Q18), according to new research from International Data Corp. (IDC). Total capacity shipments were up 1.7 percent year over year to 92.5 exabytes during the quarter.
A2P Business Messages to Reach 3.5 Trillion by 2023, As RCS & OTT Technologies Gain Traction
A whopping 3.5 trillion business Application-to-Person (A2P) and messages will be delivered by 2023, up from an estimated 2.5 trillion in 2019, a 40 percent rate a.new study from Juniper Research has found that that the rich media interactivity of Rich Communications Suite (RCS) would make the emerging messaging technology popular for retail and marketing business use cases.
Vitria's Chris Menier Discusses How Artificial Intelligence, Machine Learning and IoT is Creating a New Generation of Incident Response Strategies
The availability of real-time analytics is driving new and enhanced services in many industries as organizations leverage the ability to contextualize experiences for customers in real-time.
Gartner Survey Shows 37 Percent of Service Leaders Are Piloting or Using Artificial Intelligence Bots and Virtual Customer Assistants
Thirty-seven percent of service leaders are either piloting or using artificial intelligence (AI) bots and virtual customer assistants (VCAs), and 67 percent of those leaders believe they are high-value tools in the contact center, according to a recent survey by Gartner, Inc. In recent years, no other channel technology has piqued customer service and support leaders’ interest more than AI bots and VCAs, according to Gartner’s Technology Roadmap Survey.
Gartner Identifies the Top Seven Security and Risk Management Trends for 2019
Gartner, Inc. has identified seven emerging security and risk management trends that will impact security, privacy and risk leaders in the longer term. The IT consultancy defines “top” trends as ongoing strategic shifts in the security ecosystem that are not yet widely recognized but are expected to have broad industry impact and significant potential for disruption.
Technicolor's Olivier Lafontaine Explores the Business Case for Hybrid LTE Solutions in Connected Home CPE Environment
The role of Hybrid LTE solutions that support fixed broadband services to the home took center stage at the recent 2019 Mobile World Congress in Barcelona as network service providers (NSPs) grapple will be explored in great detail.
AirTies' Philippe Alcaras and Technicolor's Gary Gutknecht Discuss the Growing Importance of Smart Wi-Fi to Network Service Provider Community
The number of devices relying on Wi-Fi access within the home is exploding. Along with the increase of devices, rising streaming needs are also creating conditions where Network Service Providers (NSPs) must focus on improving Wi-Fi connectivity within the home in order to provide the highest quality of experience subscribers expect.
Contactless Ticketing Users to Reach 468 Million by 2023, Jupiter Research Says
A new study from Juniper Research found that contactless ticketing users will reach 468 million by 2023, up from an estimated 180 million in 2019. Consequently, 1 in 4 digital tickets purchased in 2023 will be contactless.
IHS Markit Survey: Smart Speaker Household Access Reaches 13 percent of Internet Users
More than 13 percent of internet users surveyed across the Australia, Brazil, Canada, Germany, India, Japan, the United Kingdom and the United States had access to a smart speaker in their households in November 2018. Smart speaker penetration ranges from 6 percent in Japan, to 21 percent in the United States, according to business information provider IHS Markit.
Moving AI Processing to the Edge Will Shake Up the Semiconductor Industry
Revenue from the sale of Artificial Intelligence (AI) chipsets for edge inference and inference training will grow at 65 percent and 137 percent respectively between 2018 and 2023, creating massive new potential revenue streams for chip vendors, according to ABI Research.