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Solar Surges by 30%, 10 GW Milestone for Offshore Wind and Exponential Growth for Hydrogen — IHS Markit
A strong rebound of renewable installations, a continued surge in green hydrogen growth and a focus on recycling will be among the key themes in the Clean Technology space this year, according to a new report on the Top Cleantech Trends to watch in 2021 by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions
Five Digital Competencies Finance Teams Will Need to Reach Their Goals in 2021, Identifies Gartner
CFOs will fail to realize the full value of new technology investments unless their staff are equipped with five key digital competencies which are most crucial for delivering high business impact, according to Gartner, Inc.
In a Bid to Capture New Growth, Telcos Turn to AI and Operations Automation in 5G Networks — ABI Research
5G is a composition of several network layers that leverage technology with varied maturity levels, such as Open RAN, network slicing, cloud infrastructure (private, public, and hybrid), and cloud-edges. With respect to cloud-edges, the broader Artificial Intelligence (AI) industry is witnessing a migration of AI to the edge.
Artificial Intelligence Software Growth Will Fall Below Current Investor Projections, Finds Forrester
The overall artificial intelligence software market will grow to $37 billion by 2025, but will fall below current investor projections of $150 to $200 billion for the same time period. Within the AI software market, AI application growth will be constrained by technology vendors embedding AI functionality into existing software products more frequently.
A Low-Effort, Digital Buying Experience is the Key to Revenue Growth for B2B Sales Organizations, Says Gartner
Mapping the new customer experience to understand how buyers are using digital and human channels, often simultaneously, will unlock growth for B2B sales organizations in the next three years. According to Gartner, the key to accelerating that growth is a low-effort, digital buying experience that boosts customer confidence.
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.