Latest News & Executive Interviews
Public Cloud Computing Will Transform Businesses in GCC, Gartner Hype Cycle Says
The hype around public cloud computing in the Gulf Cooperation Council (GCC) states will grow in the next two to five years, according to a new report from Gartner, Inc. However, it will take more than 10 years for this technology to translate into mainstream adoption.
New IDC Spending Guide Sees Consumer Spending on Technology Reaching $1.69 Trillion in 2019: IDC
Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to the latest Worldwide Semiannual Connected Consumer Spending Guide from International Data Corporation (IDC). Consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%.
Multiple Technologies Converge to Boost the Wireless Infrastructure Market to $32 Billion by 2025: ABI Research
The global RAN (Radio Access Network) baseband and small cell equipment market will grow at a compound annual growth rate of over 8% to exceed $32 billion in 2025, according to a new report published by ABI Research. These sales take into account both outdoor and indoor RAN equipment including macro basebands, outdoor small cells, indoor small cells, and DAS (Distributed Antenna Systems).
Regtech Spending to Reach $127 Billion by 2024, As AI Drives Cost Savings: Juniper Research
New data from Juniper Research forecasts that the value of regulatory technology or “regtech” spending will exceed $127 billion by 2024, up from $25 billion in 2019. This growth will be driven by a dramatic rise in the automation of resource-intensive tasks, such as those involved in KYC (Know Your Customer) checks and increasing use of artificial intelligence (AI) in transaction monitoring.
Globalization to Lift TV Sports Rights Past $85 Billion by 2024 Rethink Research Says
The rise of streaming is bringing major sporting events to a global audience and pushing up media rights revenues. According to a new report from Rethink Research, these dynamics will drive media sport rights revenues up 75% from 2018 till 2025 from $48.6 billion to $85.1 billion.
Gartner Reveals Five Major Trends Shaping the Evolution of Analytics and Business Intelligence
Analytics and business intelligence are among the top investment priorities for digital businesses and those factors are shaping the evolution of those technologies, according to the latest Hype Cycle report from Gartner Inc.
Auto Revolution 2019: Dave Sargent of J.D. Power Describes how Connected Cars Lay a Complex Foundation for the Future of the Automated Driving Experience
Discussions around the technology of “connected cars,” often miss the much broader issues that the automotive industry is wrestling with to redefine the vehicle driving and ownership experiences, according to Dave Sargent, Vice President of Global Automotive at J.D. Power in an audio interview for journalists covering the Auto Revolution 2019 conference in Las Vegas on October 23-24.
Connected Voice Assistants in Two Thirds of New Passenger Cars by 2023: Futuresource Consulting
A new generation of connected voice assistants offering cloud processing (either hybrid or pure cloud) are now poised for rapid adoption. By 2023, almost two in every three new passenger cars will incorporate the technology, up from less than 30% last year, according to a new automotive audio report from Futuresource Consulting.
Spending on Artificial Intelligence Systems in the Middle East & Africa to Top $374 Million in 2020, IDC Says
Spending on artificial intelligence (AI) systems in the Middle East and Africa (MEA) is expected to maintain its strong growth trajectory as businesses continue to invest in projects that utilize the capabilities of AI software and platforms, according to the latest forecast from International Data Corporation (IDC).
Percent of US broadband households That Subscribe to Two or More OTT Services Has Increased by 130% Since 2014: Parks Associates
Parks Associates research finds that the percentage of households with multiple OTT subscriptions has increased by 130% since 2014. In 2019, forty-six percent of US broadband households subscribe to two or more OTT services. According to a new report, “Partnering, Aggregation, and Bundling in Video Services” only 33% subscribed to multiple services in early 2017 and 20% in 2014.
5G Will Not Be ‘The Network of Networks’ for Enterprise Verticals, ABI Research Says
5G is being positioned as a “network of networks” that will encompass public and private components, licensed and unlicensed spectrum, and even expand beyond cellular, to satellite communications. But in reality, 5G will only be one component of the enterprise vertical technology stack, ABI Research noted in its new white paper, The Five Myths of 5G.
Auto Revolution 2019: As Digital Retailing Picks Up Steam, Automotive Dealers Need To Initiate Strategic Planning
While most car buying transactions are still closed on site at dealerships, there is increasing evidence that consumers are exploring their digital options across the buying options. It is for this reason that it is not too early to begin planning now to prepare for the emergence of digital retailing in the automotive sector, says Chris Sutton, Vice President of Automotive Retail and J.D. Power in a podcast interview for journalists covering the Auto Revolution 2019 conference Las Vegas on October 23-24.
Blockchain Integration Will Spark Rising Popularity of Free-To-Play Gaming Model, Technavio Says
The global gaming market is expected to post a compound annual growth rate (CAGR) of over 10% during the period 2019-2023, according to the latest market research report by Technavio. This growth will be driven by a surge in popularity from the so-called “free-to-play”model and driven by integration of blockchain technology.
United Healthcare Survey: More Americans Turn to Technology for Health Information
Many Americans want technology – such as artificial intelligence – to help make health care decisions, and a record number say they have used the internet and mobile apps to comparison shop for care, according to a new UnitedHealthcare survey.
EHRs and Consumer Self-Pay Remain Top Revenue Cycle Challenges for Hospital and Health System Executives: Navigant
More than 60% of providers struggle to derive optimal value from their electronic health records (EHRs), and 85% believe the increase in consumer self-pay will continue to impact their organizations, a Navigant analysis has found. The analysis is based on an executive survey of 108 hospital and health system chief financial officers and revenue cycle executives conducted by Healthcare Financial Management Association (HFMA).
Auto Revolution 2019: The New Generation Of Automated Vehicles Requires A Focus On Education
The auto industry has not seen so much disruption and innovation since the rise of mass automobile production. Electric engines are on a trajectory to replace internal combustion technology that has underpinned the industry for over a century and mass deployment of digitally connected and automated features are transforming basic assumptions about the driving experience --so says David Amodeo in a podcast interview for journalists covering the Auto Revolution 2019 conference Las Vegas on October 23-24.
The Future of 5G Lies in the Enterprise, Not the Consumer Market, ABI Research Says
The future of 5G lies in the enterprise, states global tech market advisory firm, ABI Research. In its new whitepaper, “The Five Myths of 5G”, ABI Research finds that use cases across different vertical markets, such as industrial automation, cloud gaming, private Long-Term Evolution (LTE), and smart transport systems, will become pervasive, and will unlock new opportunities for Mobile Service Providers (MSPs) along the way.
Biggest Challenge in B2B Sales Today Is a Lack of Customer Confidence, Gartner Says
Overwhelmed B2B buyers face a crisis of confidence as they increasingly struggle to make large-scale purchase decisions, according to Gartner, Inc.
Strategy Analytics: AR and VR Driving 5G Service Differentiation for LG Uplus
LG Uplus has a 5G market share 9 percentage points higher than its overall retail market share in South Korea, enabled by a strong focus on AR and VR content. New research from Strategy Analytics concludes that, in a highly competitive market where differentiation on network quality and pricing is difficult, the operator has successfully used AR and VR content as both a compelling use case for B2C 5G services and as a source of content exclusivity driving customer acquisition.
Virtual Reality Can Help Predict Workers’ Behavior During Emergency Evacuations, IOSH Says
Virtual reality can provide valuable insights into workers’ behavior during emergency evacuations and may improve safety awareness, new research has shown.