Latest News & Executive Interviews
Colocation Providers to Benefit from Multi-cloud Adoption, IHS Markit Says
Enterprises are expanding their use of multi-cloud to support their organizations’ increasing need for varied cloud-based applications and IT infrastructure.
Can Local Services Thrive Alongside Global Scale SVoD Giants?
The dynamism of the subscription video sector has showed no sign of slowing in the first half 2019; with a high sense of anticipation for what is to come during the remainder of the year. Most of the current focus has centred around the potential Netflix dampening services which have yet to launch; namely Disney+, WarnerMedia and Apple TV+.
Industrial Ethernet Market Worth Over $70 Billion by 2025: Global Market Insights
The industrial Ethernet market is predicted to hike from $25 billion in 2018 to around $70 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The rapidly growing adoption of Industrial IoT (IIoT) predominantly among the manufacturing and automotive sectors to improve the efficiency of production processes and supply chain is driving the growth of the market. Supportive government initiatives and hefty investments to extensively convert traditional grids into smart grids are resulting in the proliferation of the market.
Microsoft Takes Top Spot for Total Cloud Services Revenue, While AWS Remains Leader for IaaS:IHS Markit
Microsoft in 2018 became the market share leader for total off-premises cloud service revenue with 13.8 percent share, bumping Amazon to the #2 spot with 13.2 percent; IBM was #3 with 8.8 percent revenue share, according to IHS Markit. Microsoft’s success can be attributed to its comprehensive portfolio and the growth it is experiencing from its more advanced PaaS and CaaS offerings.
Commercial and Public Sector Investments Will Drive Worldwide AR/VR Spending to $160 Billion in 2023, IDC Says
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160 billion in 2023, up significantly from the $16.8 billion forecast for 2019. According to the International Data Corporation (IDC) Worldwide Semiannual Augmented and Virtual Reality Spending Guide, the five-year compound annual growth rate (CAGR) for AR/VR spending will be 78.3 percent.
Gartner Predicts 75 Percent of Large Organizations Will Hire AI Behavior Forensic Experts to Reduce Brand and Reputation Risk by 2023
Users’ trust in artificial intelligence (AI) and machine learning (ML) solutions is plummeting as incidents of irresponsible privacy breaches and data misuse keep occurring. Despite rising regulatory scrutiny to combat these breaches, Gartner Inc. predicts that, by 2023, 75 percent of large organizations will hire AI behavior forensics, privacy and customer trust specialists to reduce brand and reputation risk.
Rising Need for Zero-Latency Transfer Opens Up Opportunities for Edge Computing: Frost & Sullivan
The continuous rise in the number of connected and Internet of Things (IoT) devices, connected and autonomous cars, content streaming, and multiplayer games will accelerate the edge computing market at a compound annual growth rate (CAGR) of 36.3 percent from 2017 to 2022, Frost & Sullivan says.
Industrial Cybersecurity Strategies Need Radical Rethink to Address Fast Evolving Threat Horizon, ABI Research Says
Despite the imminent danger from a fast- evolving cyber threat horizon, ABI Research finds that cybersecurity investment within the industrial control systems (ICS) market is severely lagging. Indeed, the consultancy expects investments to barely cross the $2 billion mark by 2025.
The Corporate CMO's Debra Schleicher Discusses How Digital Transformation is Redefining the Fundamentals of Modern B2B Marketing
Modern marketing has changed dramatically in the last few years as marketing technologies (martech) enable organizations to better know and understand their customers' journey by utilizing advanced analytics.
Business Use of Artificial Intelligence Requires Deeper Foundational Knowledge, CompTIA Says
Opportunities for businesses to improve internal processes and enhance customer experiences through the use of artificial intelligence have been slow to take hold due to confusion about the technology, according to a new report released today by CompTIA, the leading trade association for the global technology industry.
Brain Machine Interface Shipments to Exceed 25 Million Per Year By 2020, Juniper Research Forecasts
The global number of shipments of BMIs (Brain Machine Interfaces), devices that connect computers to the brain, will reach 25.6 million by 2030, up from an estimated 350,000 in 2019, according to a new report from Juniper Research.
Direct to Home Satellite TV (DTH) Subscriber Drops on Pace to Accelerate, Rethink Research Says
Direct-to-home (DTH) satellite TV subscriber falls will accelerate and spread from North America to Europe --and eventually to the Far East, according to a new report from Rethink Technology Research’s Rethink TV service.
Field Test in Cleveland Demonstrates that ATSC 3.0 Can Can Deliver UHD HDR in a Challenging Urban Environment
In a field test conducted under the auspices of the National Association of Broadcasters (NAB) in Cleveland, OH between May 14th and May 16th, an engineering team from multiple industry participants showed how ATSC 3.0 technology can enhance the technological performance and economic value of existing broadcast infrastructures.
Increase in 5G Investments to Boost Global System-on-Chip Market Growth, Technavio Says
The global system-on-chips (SoC) market will grow at a combined annual growth rate (CAGR) of more than 6 percent between 2019 and 2023, according to a new market research report from Technavio .
SaaS Revenues to Reach $85 Billion in 2019, Gartner Says
The software as a service (SaaS) market will grow at a whopping 17.3 percent in 2019, according to new research from Gartner.
Asia/Pacific Artificial Intelligence Systems Spending to Reach Nearly $5.5 Billion in 2019, IDC Forecasts
Asia/Pacific spending on artificial intelligence (AI) systems is forecast to reach nearly $5.5 billion in 2019, an increase of almost 80 percent versus 2018, according to new research from International Data Corp. (IDC). As industries invest aggressively in projects that utilize AI software capabilities, IDC expects spending on AI systems will increase to $15.06 billion in 2022 with a compound annual growth rate (CAGR) of 50 percent over the 2018-2022 forecast period.
Sales of Connected Consumer Devices to Exceed 520 Million Units by 2022, Parks Associates Says
Sales of connected consumer devices — including networked cameras, security systems, and connected health devices — will exceed 520 million units by 2022, according to Parks Associates. The report, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.
Legacy Companies Don't Need to Sacrifice Their Values, Best Practices to Achieve Digital Transformation: MIT Sloan Management
Companies can successfully achieve digital transformation without sacrificing their core values or exposing themselves to the less desirable elements of Silicon Valley startups, according to a new report in MIT Sloan Management Review.
Fintech Platform Revenues Will Reach $638 Billion By 2024, Up From An Estimated $263 Billion In 2019, Juniper Research Says
Technologies such as machine learning, Big Data analytics and blockchain will be the cornerstone of fintech platforms. These factors will fundamentally alter the way financial services are delivered and drive fintech platforms to become the “new normal” according to a new report from Juniper Research.
Vitria's Chris Menier Describes Critical Framework Necessary for Digital Operations and Successful Transformation Initiatives
Organizations seeking to leverage the latest technologies to digitize their business processes must carefully consider how to integrate operational processes all the way from the back end to the front end, says Chris Menier, Vice President and Transformation Strategist for Vitria, in an audio interview for journalists.