Latest News & Executive Interviews
Industrial Augmented Reality Approaches US$70 Billion Total Market Value by 2025, Spurred by Digitization and Connected Workers
After a tumultuous 2020, the need for digitization and keeping workers connected became crystal clear for many. This is true in all industries, but especially for industrial markets where workflow complexity, knowledge retention and share, and the financial impact from downtime and other inefficiencies are particularly severe.
Work-at-home Agent Model to Accelerate Migration from On-premise to Cloud Application Solutions
The impact of the COVID-19 pandemic has propelled the demand for workforce engagement management and analytics applications. This increases the deployment of cloud/hybrid setups and creates opportunities to leverage digital solutions that support work-at-home agents (WAHA), self-service bots, and artificial intelligence-enabled solutions.
Chinese 5G Subscriptions and Data Traffic will Reach Near 40% and 60% Global Shares by 2025, Says ABI Research
Despite it still being in its early stage, 5G deployment in China is aggressive, allowing the country to be prepared to maintain/advance its position as the world's leading industrial manufacturing nation and be ready for the next generation of the industrial revolution.
AI-Based Imaging Analysis Tools and Cloud-Based Deployments to Bolster the Global Digital Pathology Market
Frost & Sullivan’s recent analysis of the global digital pathology market finds that it’s estimated to hit $825.9 million by 2025. Increasing pathology test volumes due to disease prevalence, digital pathology’s importance to the pharmaceutical industry, and regulatory approvals for using digital pathology in the primary diagnosis will boost the market.
Role of IT in Managing Digital Agreements is Rising Through the Era of Contactless Engagement
Enterprise-wide adoption of digital agreements and acceptance of digital signatures are as much an issue of managing organizational culture as it is about technology management. The era of contactless engagement -- driven by the rise in remote work and digital end-to-end workflows -- is elevating the role of IT in enabling a new generation of internal and external agreements.
Many Large Organizations Are Overestimating Their Responsible AI Maturity
A new global survey conducted by BCG GAMMA finds that 55% of all respondents overestimated the maturity of their responsible artificial intelligence (RAI) program—the structures, processes, and tools that help organizations ensure that their AI systems work in the service of good while transforming their businesses.
76% Of European CIOs Are Underprepared For Automation, Finds Forrester
Forrester predicts that employment protection initiatives instituted during the pandemic will diminish incentives and further delay CIOs’ plans for automation across Europe. This is despite the fact that 76% of European organizations are already underprepared for automation compared to 65% in Asia Pacific and 73% in North America.
Transforming IT Organization to Manage the SAP Ecosystem in Hybrid Cloud Environments
Enterprise resource planning software remains one of the most critical business applications of large organizations. Failure to properly incorporate core packages -- like SAP -- into business transformation initiatives can derail the achievement of mission-critical future-state objectives.
COVID-19 Significantly Impacted 41% of Key Customers’ Spending with B2B Sales Organizations, Says Gartner
41% of key customers (also known as key accounts) indicated that the economic implications of COVID-19 significantly impacted their spend with B2B sales organizations, according to Gartner, Inc. A Gartner survey revealed that while some key customers increased spending with B2B sales organizations, only 18% indicated a spending increase of more than 10% since January 2020.
AR HUDs and Smart Surfaces Will Become Standard In-Vehicle HMI, Predicts Strategy Analytics
Touchscreens and voice controls are becoming the most common embedded infotainment controls in high-volume makes, but automakers are still attempting to differentiate themselves with novel human-machine-interfaces (HMI). From intelligent voice assistants to novel jog dials to non-touch gesture controls and more, innovation is continuing to be brought into automotive interiors.
5G, AI, AR, and the IoT Among Key Technologies to Play Pivotal Role in Post-Pandemic Landscape, Says ABI Research
Over these next few months, the post-pandemic landscape will begin to take shape. Technologies like 5G, Artificial Intelligence (AI), Augmented Reality (AR), IoT, and those enabling smart cities and the smart home will play pivotal roles in reshaping businesses, verticals, and economies around the world.
Strategy Analytics: High Mix of 5G Drives All-Time High Baseband Revenue in 2020
Despite the COVID-19 pandemic, the global cellular baseband processor market clocked all-time high revenue in 2020, according to Strategy Analytics. Strategy Analytics' research finds that strong demand for 5G fueled the baseband market to $26.8 billion in 2020, up 25 percent year-on-year.
A Study from BCG and Faethm Quantifies the Impact of Automation Technologies on Job Markets
Technology is upending labor markets, and governments, companies, and individuals need to look beyond aggregate numbers and consider how individual professions will be affected. A new analysis quantifies the impact of technology by 2030 in Australia, Germany, and the United States. The report is being released by Boston Consulting Group (BCG) and Faethm.
Global Medical Imaging Informatics Market Accelerated by Cloud and AI, Says Frost & Sullivan
Frost & Sullivan’s recent analysis finds that the emergence of new technologies such as artificial intelligence (AI) and the cloud, evolving clinical and administrative/operational needs, and the introduction of new policies and regulations will boost the global medical imaging informatics market.
Financial Sector Explores Nuances of Working with ISVs and SaaS Providers as Part of Cloud Strategy
New technological developments, the rise of new competitive disruptors and changing customer expectations have elevated the imports of accelerating the pace with which institutions bring new value-added services to market. A growing number of executives are taking a hard look at how fintech services, ISVs and SaaS resources can support this “need-for-speed” in a risk-adjusted manner.
Customer Service and Support Leaders Accelerate Self-Service Initiatives Due to COVID-19 Impact on Service Contact Volumes, Says Gartner
Customer service and support leaders are accelerating self-service initiatives to mitigate potential negative impacts of the pandemic, according to Gartner, Inc. More than 40% of customer service and support leaders have experienced increased service contact volumes compared to original 2020 projections due to the COVID-19 pandemic.
Adoption of Hyperautomation by Gen Z will Drive Supply Chain Autonomy Progress of Gen Z in the Workforce Drives Transformation, Predicts Gartner
The evolution towards an autonomous supply chain has already begun, and this transformation coincides and is driven by members of Generation Z (Gen Z), that have just started to enter the workforce, according to Gartner, Inc. Today’s supply chain leaders expect them to be innovators that accelerate supply chain digitalization and pave the way towards hyperautomation.
Global Data Center Infrastructure Market to Thrive with Pent-up Demand for Smart Data Storage
Continual high volumes of data creation have led to increased data center investments, boosting the need for power and cooling solutions that are environmentally friendly, highly efficient, and reduce the overall cost of ownership. The total investment in DCIS is expected to reach $26.15 billion by 2025 from $16.73 billion in 2019, up at a compound annual growth rate (CAGR) of 7.7%.
5G Slicing Set to Propel New Growth in the Industry and Generate Revenue of US$20 Billion by 2024, Says ABI Research
5G slicing is a crucial enabler of new business models and a key concept to empower the potential of 5G. Communications Service Providers (CSPs) can slice their network assets using different criteria such as mobility, security, or traffic types.
US Falls Behind Canada as a Work Destination as Pandemic Lowers Mobility, Finds New Global Workforce Study
The US has lost its status as the place foreigners would most like to work, with Canada now regarded as the top destination. The study shows that the pandemic has had a major impact on people’s attitudes toward work abroad, reducing their interest generally and inclining them toward countries that have done the best job of containing the coronavirus.