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New IDC Forecast for Public Cloud Infrastructure (IaaS) and Platform as a Service (PaaS) Workloads Puts Worldwide Revenue at $400 Billion in 2025

International Data Corporation (IDC) recently published a new forecast for the Worldwide Public Cloud Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) markets, which includes revenue segmentation across IDC's 18 enterprise workload categories. The combined Public Cloud IaaS and PaaS market is forecast to have revenues of $400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8% during the 2021-2025 forecast period.

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Up to 1 Billion Payment Cards at Risk of Not Being Issued as Chip Shortage Impact Looms Over the Payment Cards Industry

Driven by significant chip shortages, up to 1 billion payment cards are at risk of not being issued over an 18-month timeframe, with 347 million at risk in 2021 and up to 740 million in 2022. Supply cannot currently keep up with increasing demand and the payment cards industry is by no means immune from this situation.

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Laying an Enterprise Information Management Foundation for SAP Migration and/or Modernization

Large organizations that have deployed SAP to underpin their most strategic operations are in the process of evaluating how this critical enterprise application will support accelerated technology modernization and business transformation initiatives. With the expiration date for support for ECC 6.0 now set for 2027, many executives have elected to pull the trigger on moving to S/4HANA, according to analysts at IDC.

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Gartner Says Four Trends Are Shaping the Future of Public Cloud

Four new trends in cloud computing are continuing to expand the breadth of cloud offerings and capabilities, accelerating growth across all segments in the public cloud services market, according to Gartner, Inc. The cloud has proven itself during times of uncertainty with its resiliency, scalability, flexibility, and speed. Hybrid, multi-cloud, and edge environments are growing and setting the stage for new distributed cloud models.

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Georgia Smart Road Triples V2X Infrastructure: GCN

The Ray, a Georgia-based collaborative project focused on connected-vehicle infrastructure development along an 18-mile stretch of Interstate 85, recently added an OEM partner that will help with the second phase of rollout. Dubbed a “green highway of the future,” The Ray is a partnership between state agencies, a family foundation and private companies that aims to advance autonomous vehicle testing.

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Cloud Services Market Will Accelerate to 24% Growth Rate Through 2024 as Hyperscalers and Non-Hyperscalers Battle for Market Share

Hyperscale public cloud providers have experienced growth rates exceeding 30% for the past few years, and their appetite for enterprise IT spend remains insatiable. Everest Group predicts hyperscalers—namely Amazon Web Services (AWS), Google Cloud, and Microsoft Azure—will seize more of enterprise IT spend as the cloud services market accelerates to 24% compound annual growth rate through 2024.

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Two Key Growth Areas in the Content Creator Market: Game Streaming and Podcasting, Finds Futuresource Consulting

Content creation has transformed thanks to the spread of distribution platforms that can spread its media, like social media and other forums. But within the last few years, certain areas of the content-creation market have set off exceptional ripples even for the larger digital revolution. For manufacturers of audio or video equipment, the question isn’t what they should expect these markets to do—it is how they should expect these markets to grow, and because of whom.

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CIO.com Virtual Roundtable: Exploring the Role of Microsoft 365 as Content Management Integration Point for On-Prem and Cloud-based Enterprise Applications

As organizations accelerate the implementation of business transformation and technology modernization initiatives, business leaders are exploring the impact these changes will have on enterprise content management and its associated workflows. A growing number of organizations are exploring the role that collaboration platforms can play in streamlining content management.

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Quantum Computing Set to Transform Multiple Industries, Create Up to $850 Billion in Annual Value by 2040, Latest BCG Estimates Show

Confidence that quantum computers will solve major problems that are beyond the reach of traditional computers—a milestone known as quantum advantage—has grown fast in the past twelve months, according to a new report by BCG. Investors are moving aggressively to increase the amount they allocate to quantum computing, with two-thirds of all equity investments in the field coming since 2018.

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Mobile Computing Revenue to Grow Double Digits in 2021 – What's to Come Post-COVID? New Findings From Strategy Analytics

The mobile computing market is in full recovery after several years of shipment and revenue declines. Hybrid work environments will become more prevalent as many employees report tangible benefits from remote work and are increasingly demanding more flexible work environments. The Windows 11 / post-pandemic refresh cycle will push the market to new highs of $241 billion in revenue in 2025 from $197 billion in 2020.

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Intelligent Document Processing (IDP) Market to Grow 55-65% by 2022, as Enterprises Seek Lower Costs Through Automation: Everest Group

IDP vendors are expected to offer more out-of-the-box, pre-trained IDP solutions to meet the demand for faster ROI and quicker deployment. Cost impact is now the key driver for IDP adoption as enterprises seek to realize tangible benefits from the technology, closely followed by improving operational efficiency and productivity.

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Digital Systems Vital for a Rapid Post-COVID-19 Healthcare Systems Recovery, New Findings From ABI Research

COVID-19 has put healthcare systems across the globe under tremendous pressure and underscored the urgent need to advance to a smart healthcare system. Transformative technologies such as 5G connectivity, Artificial Intelligence (AI), Augmented Reality, and Virtual reality (AR/VR), are at the forefront of a digitized health care system. There is an urgent need for a communication infrastructure that unites the currently very fragmented technology landscape.

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CIO.com Virtual Roundtable: Exploring Strategic Options for SAP S/4 HANA Modernization

As businesses explore their SAP modernization options, the best way forward for many organizations may lie in hybrid installations of SAP S/4HANA that allow IT teams to maintain their current infrastructure. Most established companies often have application estates that are inflexible, monolithic, and outdated. When it comes to SAP modernization, challenges and opportunities are in the eye of the beholder.

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AI/ML to be The Most Critical Technology Skill that Indian Organizations Plan to Acquire in the Next Six Months, Finds IDC

A new IDC report provides an overview of Indian organizations’ skill development plans in the near future. This report provides insights into organizations' skill development goals, the importance of technology skills in digital transformation goals, the overall business impact arising from lack of skills, how organizations plan to acquire or develop critical skills within their businesses in the next six months.

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