Latest News & Executive Interviews
Data Monetization and Revenue Generation Emerging as New Priorities for City Governments, states ABI Research
In the wake of COVID-19, cities and municipalities increasingly find themselves cash-strapped, having overspent during the pandemic on various services such as policing and healthcare. At the same time, they need to finance the deployment of new technologies such as digital twins, robotics, and connected infrastructure to make their cities more resilient.
Establishing Comprehensive Resilience Frameworks for Ransomware Recovery
Malware and ransomware attacks have achieved an unprecedented level of ubiquity across organizations of all sizes and industries. A Spring of 2021 survey conducted by analysts at IDC revealed that 95.1% of organizations had suffered a malicious attack within the past 12 months, and 36.6% of respondents have suffered more than 25 attacks during that time.
Gartner Says Customer Service to Significantly Increase Investments in Chatbots, AI and Analytics Over Next Two Years
Investments in technologies focused on the customer are rapidly becoming a top priority for customer service and support (CSS) leaders, according to Gartner, Inc. In two years, valuable technologies will revolve around the customer, through digital self-service platforms and understanding customer behavior through analytics.
Increasing Adoption of Game Engines Expedites Usage of Commercial Gaming in Defense Training and Simulation
As the commercial gaming market continues to expand, a growing number of products will become useful to the defense industry and military customers. Analysis of the defense training and simulation (T&S) market finds that game engines are one of the most significant uses of commercial gaming within defense.
Worker and Offender Tracking Devices to Reach an Installed Base of 10 Million by 2026, states ABI Research
Forecasts show that collectively there will be an installed base of 10 million worker and offender monitoring devices by 2026, according to a new report from global tech market advisory firm, ABI Research. Areas of worker and offender monitoring include social work, construction and healthcare.
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.
Frost & Sullivan Reveals How the Lights-Out Setting is Redefining Manufacturing
The manufacturing process is fully automated in a lights-out environment, with minimal human intervention required to run day-to-day operations. Rapidly falling price of robots and continually increasing labor costs will accelerate manufacturers’ shift toward a lights-out setting in the upcoming years.
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.
Strategy Analytics: Network Equipment Vendors Need to Evolve Their Role to Adapt for 5G B2B Market
A consensus has developed among global leading communications service providers (CSPs) that the B2B market is a major growth opportunity for 5G and many have been actively trialing 5G B2B services with a focus on vertical industrial applications.
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.
Competition and Technology Complexity to Drive IoT Antenna Shipments to $7.2 Billion by 2025: ABI Research
A new analysis by ABI Research examines how the antenna market is evolving to address challenges specific to IoT. Increased radio complexity, device miniaturization, lower power consumption, and a complex certification landscape are among many factors making integration of antennas more difficult
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.
Building Creative and Innovative Workplaces for Today’s Hybrid Workforce
According to IDC, over 40% of the global population turned to remote work models in 2020. With the ebb and flow of the global pandemic in 2021, hybrid work models are enabling some people to return to on-site work while others continue to work remotely or move between remote and on-site work.
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.
Rising Fuel Costs, Pollution, and Urbanization to Propel Electric Vehicle Adoption in India, states Frost & Sullivan
India is expected to aggressively push toward electrification in the near future. Mega Trends such as rapid urbanization, rising fuel costs, traffic congestion, pollution, emerging economic growth, and energy security will drive EV adoption in the country in the next few years.
By 2025 Cyber Attackers Will Have Weaponized Operational Technology Environments to Successfully Harm or Kill Humans, Predicts Gartner
Attacks on OT – hardware and software that monitors or controls equipment, assets and processes – have become more common. By 2025, cyber attackers will have weaponized operational technology (OT) environments to successfully harm or kill humans, according to Gartner, Inc.
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.
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.
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.
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.