As legal and compliance teams have faced acute pressures since the global pandemic and are struggling to manage their workload, legal leaders should focus their technology efforts in three areas to derive the maximum benefit, according to Gartner, Inc.

Companies such as Qualcomm, MediaTek, Samsung LSI, Unisoc and Intel were estimated to have captured the top-five cellular baseband revenue share spots in Q2 2021. According to Strategy Analytics, the global cellular baseband market grew 16 percent to $7.2 billion in Q2 2021.

The combination of 5G, Multi-Access Edge Computing (MEC), and Artificial Intelligence/Machine Learning (AI/ML) offers enormous opportunities for creating new multimedia services with deeply engaging experiences. Leverage enabling technologies like 5G and MEC will generate a market potential exceeding US$8.5 billion by 2026.

Advancements in Natural Language Processing (NLP) technologies and edge Artificial Intelligence (AI) chipsets are now enabling sound processing technologies to be integrated at the end-device level, which could mitigate security and privacy concerns while ensuring enabled services can be delivered consistently without interruption.

The global enterprise data management market size reached $78.32 billion in 2020 and is expected to register a CAGR of 9.6% through the middle of the decade, according to the latest analysis by Emergen Research. Revenue growth of the global enterprise data management market will be driven by the increasing need to manage business data more effectively.

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.

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.

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.

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.

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 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%.

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.

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.

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.

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.

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.

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.

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.

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 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.