Despite the disruptive impacts of COVID-19, 47% of organizations plan to increase their investments in the Internet of Things (IoT). 35% of organizations reduced their investments in IoT while a larger number of organizations are planning to invest more in IoT implementations to reduce costs.

The coronavirus pandemic has put chief supply chain officers (CSCOs) under pressure to adapt and prepare their networks for an uncertain future, according to Gartner, Inc. Supply chain leaders must adapt their strategies, investment and leadership style to ensure long-term efficient growth.

Frost & Sullivan’s recent analysis, Empowering the Future of VR/AR Content Consumption through 5G, covers seven virtual reality (VR)/augmented reality (AR) application areas and their use cases.

Distributed Antenna Systems (DASs) have become a vital component for in-building cellular coverage, especially in the U.S. and Asian markets. However, many legacy DASs are facing challenges incorporating 5G and increasing the overall capacity of the systems.

As organizations across geographies and industries accelerate the deployment of business transformation initiatives, a growing number of executives are exploring how risk quantification can be harnessed to optimize new investments in systems, applications and infrastructures to achieve mission-critical objectives in a safe and secure manner.

Frost & Sullivan’s recent analysis finds that the industrial automation lifecycle services market is likely to experience strong short-term growth despite COVID-19. The global automation lifecycle services (LCS) market is estimated to reach $61.11billion by 2022 from $52.64 billion in 2020, at a compound annual growth rate (CAGR) of 7.2%.

According to the latest research from Strategy Analytics, Samsung Galaxy S20+ 5G was the world’s bestselling 5G smartphone model by revenue in the first half of 2020. Apple iPhone 12 is expected to take the 5G crown in H2 2020.

Many finance leaders are currently at a high risk of making four common mistakes that could negatively impact their ability to fund digital growth and reduce expenses overall, according to Gartner, Inc. This is at a time when recovery from the COVID-19 pandemic will be centered on rapid digital transformation.

Frost & Sullivan’s recent analysis maps the autonomous technology roadmap and market trends in the two leading regions: North America and the European Union. By 2030, Level 4 autonomous trucks will account for transportation of ~6.4% of general freights by ton-miles in the United States, leading to savings of $4.75 billion in annual freight costs.

Despite increased investment, only 10% of organizations are achieving significant financial benefits with AI. The role of mutual learning between humans and machines is often underestimated in generating value from AI. Those companies that draw on multiple types of interaction and feedback between humans and AI are 6X times more likely to amplify their success.

While most large companies are currently engaged in a business transformation initiative, study after study reveals that more than 70 percent ends in failure. It may be tempting to blame immature cloud technologies or unwilling rank and file staff; however, the real cause of this failure likely lies in the leadership suite.

Consumers plan on buying fewer gifts and spending less this holiday season, with an 18 percent reduction in their average budget from last year, a KPMG LLP survey found. Forty-one percent of consumers also said that they are not planning on going to Black Friday sales in person.

By its very nature, technology requires industry players to innovate in order to survive. In fact, technology companies are 12 percent more likely to be disrupted than companies in retail and 25 percent more likely than those in financial services, two other industries that have historically gone through regular disruptions.

Nevertheless, gasoline-powered vehicles will still comprise two thirds of the 1.9 billion cars on the road in 2050 owing to the time it takes for the fleet to turn over. The average age of vehicles on the road in the United States is nearly 12 years.

Frost & Sullivan’s recent analysis, Digital Hospitals: Creating Growth Opportunities in Patient Care during the COVID-19 Pandemic and Beyond, finds that digital hospitals that deploy smart technologies, such as artificial intelligence (AI), remote health monitoring, and robotics, deliver higher standards of patient care and hassle-free experiences for health professionals

The development of Open Radio Access network (Open RAN) is gaining momentum. Network operators, new entrants, system integrators, and application developers are working together to unlock the traditional integrated telco supply chain, which has up to now been dominated by a handful of large infrastructure vendors.

According to the latest research from Strategy Analytics eSIM-enabled smartphones will capture an impressive 32 percent of all smartphones shipped in Western Europe in 2020. Apple iPhones and Samsung smartphones account for the vast majority of eSIM-enabled smartphones shipped there, while few Chinese brands currently offer the technology.

The immense appetite for private networks in the enterprise domain keeps rising and rising as private cellular network deployments within the enterprise domain will generate equipment revenues of more than US$64 billion by 2030.. While large enterprises will drive the market for the next 10 years, enterprises with annual revenues between US$250 million and US$1 billion will account for 40% of private networks by 2030,

The market for professional loudspeakers posted global revenues of nearly $3 billion in 2019, an increase of almost 7%, according to the latest professional loudspeaker industry report from Futuresource Consulting. One of the key themes of the report this year was the impact of COVID-19 and its significant effects on forecasts moving forwards. The segment most affected by these restrictions is Live and Touring.

Supply chains are in the middle of an evolution that will change completely how chief supply chain officers (CSCOs) organize and operate their organizations. “CSCOs are tasked to design a supply chain organization that fits into this new era,” said Mike Burkett, vice president analyst with Gartner. “While in the past, a good supply chain was efficient and powerful, it must now be agile and fast.”