Latest News & Executive Interviews
Validic Empowers Physicians and Care Managers to Manage Personal Health Data at Scale, States Frost & Sullivan
Frost & Sullivan recognizes Validic, Inc. with the 2021 North America Company of the Year Award. Its scalable, secure solutions help improve operational efficiencies and health outcomes by seamlessly delivering data and real-time insights from hundreds of home health devices into existing clinical workflows.
Modernizing VMware Investments Across Hybrid Cloud Infrastructures in the Financial Services Sector
A rising threat landscape characterized most dramatically by the growing number of ransomware attacks -- and other cyber-criminal activities -- targeting institutions has given technology leaders involved in transformation and modernization issues reason to be very careful. In general, technology executives in the sector are exploring the risks and rewards associated with Oracle modernization and migration to cloud environments.
Gartner HR Research Finds Organizations Can Increase Inclusion by 24% in the Hybrid Work Environment
Organizations that effectively manage the transition to a hybrid work environment and employ sustainable initiatives can boost inclusion by 24%, according to Gartner, Inc. Hybrid work affects four of the elements that make up inclusion: fair treatment, diversity, belonging and trust.
Rising Data Creation and Consumption Fuel the Data Center Colocation Services Market Worldwide, states Frost & Sullivan
The global colocation services market is projected to reach $164.84 billion by 2030 from $51 billion in 2020, expanding at a 12.4% compound annual growth rate (CAGR) due to rising demand, increasing investments and high values of data traffic.
Automated Parking Assist Will Drive Car OEM's Parking System Revenues to US$11 Billion in 2030
SAE L2 automated parking assist - enabling self-parking with the driver outside the vehicle but still in control remotely - is expected to gain higher traction from 2026 and drive car OEM revenues for parking systems to reach US$11 billion in 2030.
5G to Prop Up Cloud Gaming Users and Drive Cloud Video Revenue to US$67.5 Billion by 2024, ABI Research
5G edge networks bring new capabilities allowing communications service providers (CSPs) to develop innovative applications, services, and revenue streams in the media and entertainment domain. 5G edge networks stand to unlock cloud video revenues from US$5 billion in 2019 to US$67.5 billion by 2024 at a CAGR of 67%.
Rapid Vehicle Electrification to Drive the Global Li-ion Battery Materials Market, states Frost & Sullivan
Li-ion battery materials market is projected to reach $51.60 billion by 2027 from $18.75 billion in 2020 at a 15.6% compound annual growth rate (CAGR). The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.
Gartner Says Supply Chain Organizations Need a Chief Robotics Officer to Strategically Implement Robotics and Automation
With robotics and automation taking over more tasks in organizations, the role of the chief robotics officer (CRO) should be created to strategically drive the proliferation of these technologies, according to Gartner, Inc.
Building Resiliency for Holiday 2021
The next few years will find retailers across the country focusing on significant business model innovations by harnessing technological intellectual property to build resilient digital supply chains that ensure the delivery of high customer experiences at scale. Technology and business leaders will be challenged to demonstrate greater agility and continuity in a market that will continue to be volatile and unpredictable. So say Scott Ernst and Kayla Broussard, executives with IBM’s cloud advisory and cloud architect practices, in a podcast interview with BizTechReports.
Laying the Foundation for Enterprise-wide Robotic Process Automation (RPA) at Scale
In today’s competitive and constantly changing environment, companies that can divert high-capacity human capital away from low-value rote work can lay the foundation for establishing a competitive advantage in their sector. That is the promise of RPA, according to Tom Torlone, global vice president of professional services at UiPath, and Jim Maholic, senior director of engineering at UiPath, in a recent podcast interview with BizTechReports.
ABI Research: Biometrics in Law Enforcement Go Multimodal for Superior Recognition and Identification
Multimodal Automated Biometric Identification Systems (ABIS) are succeeding standard fingerprint-based Automated Fingerprint Identification System (AFIS) criminal platforms, featuring a host of new biometric identification and registration software capabilities, biometric matching algorithms and, of course, new hardware devices and novel use-case scenarios.
Continuous Application Portfolio and Enterprise Infrastructure Rationalization Strategies in the Industrial Sector
The current business transformation initiatives have been made possible by the synergistic combination of expertise from the worlds of Operating Technologies (OT) and Information Technologies (IT). This is bringing about intelligent, interconnected, and autonomous manufacturing equipment and systems. The achievement of shared objectives across OT and IT communities will be enabled by new dynamic -- constantly evolving -- technological resources, such as artificial intelligence (AI), big data, cloud computing, and ubiquitous connectivity.
Building an Enterprise-wide Framework for Containerization Across Hybrid Multi-Cloud Environments
The keys for building an enterprise-wide framework for deploying containers across hybrid multi-cloud infrastructures are top of mind for executives. Exploring containerization frameworks should be considered a strategic priority for IT organizations with complex infrastructures and how they affect IT operations and business processes. BizTechReports caught up with Vikas Sidana -- a strategic technology advisor at IBM -- to discuss some of the central findings of today’s use cases.
Anticipated Post-Pandemic Renaissance of Live Sports Offers Broadcasters Opportunity to Enhance Home Viewing Experience with HDR
The return of live sports -- including the 2021 Summer Olympics -- as we hopefully approach a post-pandemic era is encouraging sports fans around the world to gather and view major events in stadiums, bars, restaurants -- and homes. The challenge before broadcasters rests on delivering consistent, high quality, high dynamic range (HDR) and ultra-high definition (UHD) content while addressing unpredictable environments of outdoor events.
Mining Industry Forecast to Embrace Digitalization with Spend Reaching US$9.3 Billion in 2030, States ABI Research
Mining firms are starting to appreciate the benefits that digital technologies can deliver such as improving safety and the condition of their equipment. Forecasts show that miners’ spend on digital technologies will grow by a CAGR of 5.2% over this decade and reach US$9.3 billion in 2030.
Intensifying Electrification and Fuel Economy Targets Set to Propel the Global Electric Vehicle Market
A recent analysis of the global electric vehicle (EV) market finds that consumers’ increasing preference toward EVs, economies’ commitment to lower carbon emissions, and the surging installation rate of EV charging stations worldwide are key factors driving the global EV market.
36% of US Broadband Households Subscribe to or are Trialing a Video Gaming Service; New Findings From Parks Associates
New research from Parks Associates finds 75% of heads of US broadband households report playing video games for at least one hour per week and 36% subscribe to or are trialing at least one free or paid gaming service. The firm forecasts the potential market opportunity for US cloud gaming services is $3.6 billion in 2024.
Semiconductor Chip Shortages Continue to Vex the Commercial Transportation Industry with Lead Times Exceeding 5 Months
Industry suppliers from truck and trailer OEMs to commercial telematics providers continue to feel the pain of delayed semiconductor shipments alongside rising growth opportunities. The commercial transportation industry is facing significant semiconductor shortages through to at least the end of 2021 leading into 2022.
Despite the Massive Potential, Private Networks Still Fail to Reach Scale – and the Window of Opportunity for Telcos is Closing, States ABI Research
In order to successfully target the immense enterprise private network opportunity, the telco industry is having to radically rethink their approach to enterprise 5G. The industry needs to embrace spectrum liberalization initiatives and consider flexible business models that can be adjusted to address heterogenous enterprise requirements.
Data Resilience and Operational Continuity Strategies for the Utilities Industry
As the industry comes to grips with the highly disruptive implications of a once-in-a-generation pandemic event, executives are bracing themselves for continued volatility as incidences of unprecedented weather events rise, and bad actors target critical infrastructures with malware and ransomware attacks.