Latest News & Executive Interviews
Public Cloud IT Infrastructure Revenue Growth Remained Strong in Third Quarter of 2020, According to IDC
Market growth rates show the response to major adjustments in business, educational, and societal activities caused by the COVID-19 pandemic and the role IT infrastructure plays in these adjustments. Across the world, there were massive shifts to online tools in all aspects of human life.
20% Global E-Commerce Growth Fast Tracks Supply Chain Tech Adoption from 5 Year Plans into 2021 Action — ABI Research
From 2019 to 2020, worldwide e-commerce revenues remarkably rose more than 20% year over year, forcing vehicle, robotic, and software automation to profoundly alter the supply chain landscape in a matter of months according to ABI Research, a global tech market advisory firm.
Data-Driven Operations Are Key to Manufacturing’s Future, Reports BCG and The World Economic Forum
In the near future, manufacturing companies will work together in hyper-connected value networks in which data-and-analytics applications drive productivity, new customer experiences, and societal and environmental impact.
Strategy Analytics: Smartphone Replacement Cycle Will Shorten to 33 Months in Western Europe by 2025
According to the latest research from Strategy Analytics, the average smartphone replacement cycle in Western Europe will shorten from 40 months in 2020 to 33 months by 2025. Improving economic conditions after the Covid pandemic and cheaper 5G models will encourage European consumers to upgrade their old smartphones more often.
Augmented Reality Total Market Value Will Surpass US$140 Billion in 2025 — ABI Research
While the COVID-19 pandemic crippled some markets, it also presented notable opportunities to others. Similar to the uptick products like Zoom and Microsoft Teams have seen, Augmented Reality (AR) has been forced into opportunity around remote worker enablement, compounding the already strong growth seen in the enterprise thanks to high-value use cases like remote assistance, training, and workflow instruction.
80% of Customer Service Organizations Will Abandon Native Mobile Apps in Favor of Messaging Platforms by 2025, Predicts Gartner
Initially service organizations focused on websites for desktop users, shifting to mobile app experiences with the proliferation of smartphones and tablets. Despite significant investment and promotion, most have failed to gain strong customer adoption of their service apps and will increasingly retire mobile app experiences in favor of messaging.
Strategy Analytics: Operators Must Build Revenue Diversity into 5G Go To Market Strategies
The 5G ecosystem is reaching a level of technology maturity much more rapidly than earlier generations, enabling operators to develop network deployment and go to market strategies with mass-market appeal and scalable across evolving B2C, B2B and B2B2X business models.
Emerging-Market Technology Companies Driving the Next Generation of Innovation and Growth, Identified by BCG
In a new report on the leading companies in emerging markets, BCG identifies 100 tech challengers that have grown into powerful forces in technology and other industries. Their impact is being felt in their home markets, regionally, and internationally - with many showing increases in both number of customers and frequency of usage.
In-Vehicle Payments Will Total $1 Billion by 2023, Predicts Gartner
“Car drivers can currently make in-vehicle payments by using applications such as Alexa, Xevo Market or the Banma platform to purchase fuel, food, or pay for parking,” said Mike Ramsey, research vice president at Gartner. “The types of services available will continue to increase as automakers, merchant brands and services, and software suppliers’ partnerships proliferate.”
More Than Half of US Companies Are Under Financial or Operational Stress and 14% Are in Distress as Pandemic’s Economic Impact Deepens, Finds BCG
More than seven months into the novel coronavirus pandemic, a disturbingly large number of US companies are at risk, according to new research from Boston Consulting Group (BCG) confirming that economic distress is deeply entrenched and shows no sign of letting up.
82% of Organizations Are Letting Employees Decide When They Feel Safe Returning to the Office, New KPMG Survey Finds
While it seems that employees are successfully working outside their traditional offices, employers have new questions about how to measure productivity in a virtual world. Companies are working on new measures to avoid exposing employees to undue health risks through widespread return-to-office initiatives ahead of available vaccines.
2021 Will Be the Year Electric Vehicles Begin Their Slow Entry into the Automotive Mainstream, Says ABI Research
2021 will kickstart a decade of growing Electric Vehicle (EV) adoption, which will see EV sales move from a rounding error of total new vehicle shipments to over a quarter of new vehicles shipping in 2030, states global tech market advisory firm ABI Research.
COVID-19 Accelerates Data Protection as a Service in EMEA, Triggering a 4.5% Decline in the PBBA Market in 3Q20, Says IDC
Increased use of data protection as a service and economic constraints caused by the pandemic have affected the EMEA purpose-built backup appliance (PBBA) market, which declined 4.5% in value year on year to $310.9 million in the third quarter of 2020.
Majority of New CIO Hiring Processes Will Rank Determination and Sensitivity as Critical Personal Characteristics in 2021, Finds Gartner
As the COVID-19 pandemic continues to shift the landscape for how global CIOs manage, collaborate and respond to their stakeholders, so too does the demand for strong leadership and core emotional dexterity competencies.
Retail, Banking, and Technology Sectors Driving Global Holistic Web Protection Market, Finds Frost & Sullivan
The holistic web protection market addresses organizations’ demand for consolidated, single-pane-of-glass solutions, which reduce the security gap of legacy products and provide simplified management capabilities.
2021 Will Be the Year 5G Smartphone Price Points Drop to US$200 — ABI Research
The 5G smartphone market is now outperforming its predecessor generations on nearly every metric. Between the number of mobile devices, subscribers, and networks available at launch, 5G is the most accelerated mobile technology generation ever launched.
Global Auto Sales Set to Gain Momentum Next Year; 83.4 Million Light Vehicles to Be Sold In 2021, Says IHS Markit
IHS Markit forecasts new light vehicle sales of 83.4 million globally in 2021, up 9% from a 2020 projection of 76.5 million, as industry demand levels emerge next year in the wake of recovery from the COVID-19 pandemic. The forecast assumes that effective vaccines will be widely available by mid-2021, although full availability is not expected until sometime in 2022.
2021 Will Be the Year Ultra-Wideband Will Emerges as a Key Wireless Connectivity Technology for Indoor Positioning
The foundation has been laid for Ultra-Wideband (UWB) to become a mainstream wireless connectivity technology across many consumer and IoT applications, enabling accurate indoor location and positioning with context-aware information and precise analytics in real-time.
Strategy Analytics: Record Holiday Sales of Connected TV Devices in Q4 Predicted as Pandemic Impact Recedes
Global sales of connected TV devices are set to reach a new record this quarter as holiday demand and recovery from the impact of the pandemic drive sales to more than 111 million units, according to the latest research from Strategy Analytics’ Connected Home Devices service.
Security, Privacy, Cloud, and Technology Resilience Dominate Top IT Audit Risks Expected for 2021, Finds Protiviti
According to a new survey from Protiviti and ISACA, concerns around security, privacy, cloud and technology resilience are being further fueled by shifting business priorities, the pandemic-induced remote work environment and accelerated deployment of new technologies.