Latest News & Executive Interviews
Worldwide Unified Communications & Collaboration (UC&C) Market Delivers Strong Growth in 2Q20, According to IDC
Due to COVID-19, one thing that became apparent to many businesses and organizations during this period was the acute requirement to provision secure, scalable communications and collaboration solutions, tools, and applications to support a sudden, significant rise in the number of work-from-home (WFH) employees.
Supply Chain Leaders Must Create Ecosystems to Strengthen Their Networks, Says Gartner
Single connections between customer and supplier are often not resilient enough in crisis situations, so supply chain leaders must counter by adding more partners and building an ecosystem. Every ecosystem looks different, as some organizations turn to academia and start-ups to fill capability gaps, others involving end users and consumers in new forms of value exchange.
Robotic Process Automation Market to Exhibit a 24.9% CAGR by 2027, Finds Fortune Business Insights
The global robotic process automation (RPA) market is expected to gain momentum by reaching $6.10 billion by 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning that drives the demand for modern robotic process automation.
60% of B2B Sales Organizations Will Transition to a Data-Driven Selling Approach By 2025, Finds Gartner
By 2025, 60% of B2B sales organizations will merge their sales process, applications, data, and analytics into a single operational practice. Driven by the movement to multi-experience selling, B2B buyers now prefer to engage with suppliers through digital and self-service channels.
Healthcare 4.0 will push AR and VR Healthcare Revenues to US$11 billion in 2024, Says ABI Research
The COVID-19 pandemic has ushered in Healthcare 4.0 as healthcare systems and providers have been forced to accelerate their digital transformation journeys and adopt novel and innovative solutions that empower healthcare professionals and support remote patients.
Strategy Analytics: COVID-19 Drives Strong Growth in the Tablet Apps Processor Market in Q2 2020
The global tablet apps processor market grew 26 percent in revenue terms to $556 million in Q2 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report.
Worldwide Data Center Infrastructure Spending to Grow 6% in 2021, Finds Gartner
End-user spending on global data center infrastructure is projected to reach $200 billion in 2021, an increase of 6% from 2020, according to the latest forecast from Gartner, Inc. Despite a 10.3% decline in data center spending in 2020 due to restricted cash flow during the pandemic, the data center market is still expected to grow through 2024.
Work/School from Home Fuels 223 Million SOHO Consumer Wi-Fi CPE Shipments in 2020
The COVID-19 pandemic continues to drive demand for Small Office/Home Office (SOHO)/Consumer Wi-Fi Consumer Premise Equipment (CPE) demand as millions are still forced to work and learn from home. Global tech market advisory firm, ABI Research forecasts that the worldwide SOHO/Consumer Wi-Fi CPE market will ship more than 223 million units in 2020, a surge of 10 million units from 2019.
Rethink Technology Research finds that Multi-CDN accounts for 72% of Total CDN by 2025, as developing regions with worse Public CDN options surpass North America and Europe.
As the percentage of global internet traffic that is video creeps up from 69.4% to 75.8%, between 2020 and 2025, Multi-CDN deployments will graduate from commonplace to essential. The Multi-CDN market will grow to $24 billion to ensure better resilience and quality of service.
COVID-19 - Accelerating Digital Innovation and Experiential Transformation in Retail
As the retail landscape continues to emerge from the business devastation and disruption caused by the COVID-19 pandemic, retailers have been battling to innovate their approach to the market to deliver their goods and services. COVID -19 will continue to be a threat in the short term and its effects are likely to be felt long after the pandemic recedes.
9 Global Trends Generating Growth Opportunities from COVID-19, Reveals Frost & Sullivan
Frost & Sullivan’s recent analysis encompasses nine key trends that will emerge from industries reshaping as a response to COVID-19. Technology leaders must assess the emerging opportunities resulting from COVID-19 and provide technological innovations to build company, society, and consumer resilience.
69% of Boards of Directors Accelerated Their Digital Business Initiatives Following COVID-19 Disruption, Says Gartner
Sixty-nine percent of boards of directors (BoDs) accelerated their digital business initiatives in the wake of COVID-19 disruption, according to a new survey from Gartner, Inc. Almost half anticipate changing their organizations’ business model as a result of the pandemic.
Shaping the Consumer of the Future: Behavior Shifts that will Outlast the Crisis
New Bain & Company research highlights eight themes for brands to consider as they define strategies for a world changed by COVID-19, which has forced potentially dramatic new directions in consumption, altering behaviors in ways that few would have imagined. Some of these trends are clearly here to stay, for others the jury is still out.
Data Science to Accelerate Drug Discovery with Artificial Intelligence and Machine Learning, Says Frost & Sullivan
Frost & Sullivan’s recent analysis finds that data science tools are promising technologies transforming drug discovery costs, speed, and efficiency. When combined with other emerging tech areas, artificial intelligence (AI) technologies move to the next phase of advancements.
Strategy Analytics: Smartphone Apps Processor Revenue defies COVID-19 and Surges in Q2 2020
The global smartphone applications processor (AP) market once again defied the COVID-19 pandemic and grew 20 percent in revenue terms to $5.8 billion in Q2 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report.
China takes the lead in Worldwide Cellular M2M Module Shipments and Revenue
The big supply-side story from the Internet of Things (IoT) in 2019 was the rise of Chinese vendors to the number 1 position in cellular module shipments and revenue, for the first time.
Consumer Trust and User Experience Key to V2X Success, Finds Strategy Analytics
From near-instantaneous traffic updates to alerts when another vehicle stops short or violates a red light, new and proliferating wireless sources of real-time information have begun to revolutionize the driving experience and represent the building blocks of a safer and better transportation environment.
The M&A Market Has Already Turned the Corner, BCG Study Finds, as Bold Dealmakers Pursue Downturn Opportunities
If history is any indication, dealmakers have reason to be cautiously optimistic about a near-term revival of the M&A market. A study by Boston Consulting Group (BCG) in collaboration with Professor Sönke Sievers of Paderborn University finds that, after a sharp decline, monthly M&A deal volume has already returned to the low end of the historically normal level.
Next-generation Wireless Business Support Systems to Enhance Digital Efficiency for Communication Service Providers, Finds Frost & Sullivan
Frost & Sullivan’s recent analysis reveals that business support systems (BSS) are necessary to provide the fast-changing requirements in 5G and enhance customer experiences. They also help communication service providers (CSPs) deliver personalized service experiences for consumers and businesses. The research profiles three leading BSS providers and their solutions.
COVID-19 Forces One of the Biggest Surges in Technology Investment in History, Finds 2020 Harvey Nash/KPMG CIO Survey
Companies spent the equivalent of around $15 billion extra a week on technology to enable safe and secure home working during COVID-19. This was one of the biggest surges in technology investment in history – with the world’s IT leaders spending more than their annual budget rise in just three months, as the global crisis hit, and lockdowns began to be enforced.