Latest News & Executive Interviews
Business Losses to Cybercrime Data Breaches to Exceed $5 Trillion By 2024: Juniper Research
A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises become more dependent on the digital realm.
Auto Revolution 2019: The Critical Role Of Trust In Harnessing The Full Potential Of The Voice Of The Vehicle
While the emergence of internet of things (IoT), artificial intelligence (AI) and next generation cloud computing technologies are creating new opportunities to capture deep insights into the driving and vehicle ownership experience, the automotive industry must take care to ensure consumers have a high level of comfort and trust in Voice of the Vehicle (VOV) initiatives, says Dave Sargent, Vice President of Global Automotive for J.D. Power, in an interview prepared for the upcoming J.D. Power Auto Revolution event in Las Vegas on October 23-24.
Progress in IT Security Practices Mixed but Not Improving Overall, Computer Economics Says
Computer Economics has released its major annual study on 34 IT management best practices, and one important category–IT security and risk management–is showing mixed results. Adoption of one vital IT security best practice is down, while others are up or flat.
Global Headphone Revenue Growth Exceeds 40% in Q2 2019, Futuresource Consulting Says
Premium headphones continue to capture the imagination of consumers, with global revenues in Q2 2019 growing nearly four times faster than shipments, according to Futuresource Consulting. The analyst firm's latest quarterly tracking report reveals stellar growth rates of 44% year-over-year.
Auto Revolution 2019: The Disruptive Implications Of Intelligent Connected Vehicles
The automotive industry must engage in a comprehensive and high-profile discussion on the implications of intelligent vehicles to ensure consumer trust and adoption, according to Bernardo Rodriguez, Chief Digital Officer at J.D. Power, in an audio interview for journalists covering the Auto Revolution 2019 conference Las Vegas on October 23-24.
Parks Associates: 12 Percent of Broadband Households Say Voice Control is the Top Feature When Buying a New Smart TV
A rise in the use of voice controls and the increased interest in voice commands to control in-home entertainment devices increasingly will drive volumes among US broadband households, according to new research from Parks Associates. The research firm reports that over half of US broadband households find voice control of connected entertainment devices to be appealing. Voice functionality has also become an important buying consideration, with 12% of US broadband households stating it is a top feature when buying a new smart TV.“
Product Managers Focused on Improving Collaboration Experienced Low Product Failure Rates: Gartner
Only 55% of all product launches take place on schedule, according to the 2019 product manager survey from Gartner, Inc. Product managers who typically launch on time are more likely to meet their internal targets within a year of launch. For the 45% of product launches that are delayed, 20%, on average, fail to meet their internal targets.
Hearables Are the New Wearables, Says IDC
Global wearable device shipments grew 85.2% in the second quarter of 2019 (2Q19) as shipments totaled 67.7 million units according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Earworn devices (hearables) were among the fastest growing categories, capturing 46.9% of the overall wearables market during the quarter, up from 24.8% a year ago. Driving that growth was a slew of new products and consumers who purchased their second wearable, a hearable, to use in parallel with existing watches or wrist bands.
Smartphones with Foldable, Flexible, or Rollable Displays will Start Gaining Traction in 2020: ABI Research
Smartphones, tablets, and wearables are all expected to see some form of foldable, flexible, or rollable screen technology over the coming years, as vendors try to shake up the markets and stimulate replacement cycles, according to a new report from ABI Research. This is despite ongoing issues with several foldable smartphones that were set to enter the market this year.
Worldwide Spending on Artificial Intelligence Systems Will Be Nearly $98 Billion in 2023, According to New IDC Spending Guide
Global spending on artificial intelligence (AI) systems is expected to maintain its strong growth trajectory as businesses continue to invest in projects that utilize the capabilities of AI software and platforms.
Esports Revenue to Grow Five-fold by 2024, Rethink Research Says
A new report from Rethink Research forecasts hefty growth in esports revenue over the next five years, surging from $900 million in 2018 to $5.05 billion in 2024. There is a lot of money to be made in esports, and revenues will be divided up among game publisher fees, sponsorship, media broadcasting rights, tickets and merchandise, tipping and advertising.
Global Blockchain Revenues on Track to Hit Close to $10 Billion, ABI Research Says
Global revenues for blockchain technology are on track to hit almost $10 billion by 2023, finds ABI Research, a global tech market advisory firm. These revenues continue to show strong interest in blockchain application, despite the significant decrease in Initial Coin Offerings (ICOs) in 2018. Investment continues to swell, buoyed primarily by an increase in VC funding, notably in blockchain infrastructure development.
Gartner Says 80% of HR Leaders Fail To Consider How Cost Optimization Efforts Contribute To Organizations’ Overall Cost Savings
Due to the economic uncertainty across most industries and markets, 92% of HR leaders are prioritizing budgeting and cost optimization initiatives, according to a benchmarking survey by Gartner, Inc. While HR leaders face increasing pressure to drive business value and manage costs, only 20% consider how HR cost optimization efforts can contribute to the organizations’ cost savings overall.
Asia Pacific online video ad spend to reach $53.7 billion in 2023: Forrester Research
Online video ad spending in the Asia region will increase from $21.3 billion in 2018 to $53.7 billion in 2023, growing at a combined annual growth rate (CAGR) of 20.3%, according to Forrester Research.
Gartner 2019 Hype Cycle Shows Cloud Office Has Hit Mainstream Adoption in Government Agencies
Cloud office is the only technology to enter the Plateau of Productivity in the 2019 Gartner Hype Cycle for Digital Government Technology, according to Gartner, Inc. The Plateau of Productivity highlights technologies that are hitting mainstream adoption within organizations.
LG U+ as Fastest Operator in South Korean 5G Rollout, IHS Markit Finds
LG U+ holds an edge over the competition in Seoul by delivering the fastest 5G speeds and lowest latency among all networks, while also providing outstanding 5G data reliability, according to a new IHS Markit First Look report.
Gartner Forecasts Worldwide 5G Network Infrastructure Revenue to Reach $4.2 Billion in 2020
In 2020, worldwide 5G wireless network infrastructure revenue will reach $4.2 billion, an 89% increase from 2019 revenue of $2.2 billion, according to Gartner, Inc.
Smart Home Will be at the Heart of the Change in Consumer Robotics, ABI Research Says
A disconnect between smart home and home robotics offerings has been a factor limiting home robotics adoption. Pricing, availability, and consumer awareness have been factors too, but a new study from ABI Research finds that robot vendors increasingly see value in supporting the integration of their devices into smart home functionality. While challenges remain, this smart home integration will result in nearly 79 million homes around the world having a robot in the house by 2024.
Unit Sales For New Smart Home Controllers Will Reach Nearly 14 Million in 2024: Parks Associates
New research from Parks Associates’ Smart Home Tracker: Market Sizing and Trends estimates nearly 14 million new smart home controllers will be sold in the US in 2024. The tracker provides industry insights and analysis on the latest trends in the smart home space, including the need for new privacy protection and authentication measures.
New IDC Spending Guide Sees Commercial Sector Investments Leading Worldwide ICT Spending to $4.8 Trillion in 2023
Despite a slowing global economy and the looming trade war between the United States and China, purchases of information and communications technology (ICT) are expected to maintain steady growth over the next five years. A new forecast from International Data Corporation (IDC) predicts worldwide ICT spending on hardware, software, services, and telecommunications will achieve a compound annual growth rate (CAGR) of 3.8% over the 2019-2023 forecast period, reaching $4.8 trillion in 2023.