Communication Service Providers (CSPs) seek to automate and transform their network and telco cloud infrastructure to capture new growth. This transformation is being driven by growth in user data demand, an increasingly complex network, a need to lower cost of operations, and new B2B revenue growth tied to 5G adoption.

A survey of 111 CFOs in July 2021 revealed that 60% of organizations experienced wage inflation in 2Q21, nearly double the amount compared to the previous quarter, according to Gartner, Inc. Nearly three in four CFOs polled cited the risk of lower profitability as their top concern as organizations face broad-based input price inflation increases.

As organizations continue to embrace and integrate a growing array of cloud-computing elements into their enterprise infrastructures, the ensuing sprawl is creating integration, security, and data management challenges that are threatening to hamper progress toward strategic transformation objectives, according to Chris Rosen, a program director with IBM during a recent podcast interview with BizTechReports.

According to Strategy Analytics research, the smartphone display panel market witnessed a double-digit revenue growth as Samsung Display led the market with 48 percent revenue share followed by BOE Technology with 15 percent and Tianma Microelectronics with 8 percent in H1 2021.

Augmented Reality (AR) often relies on Artificial Intelligence (AI) and as a result, these two markets continue to overlap and create substantial opportunity. Global technology intelligence firm ABI Research expects over 200 million active users in AR applications that leverage AI in some form by 2026.

Frost & Sullivan’s recent analysis, finds that the rise of high-capacity networks with enhanced mobile broadband, massive machine communications, and ultra-reliable low-latency communications are fueling the demand for higher-quality 5G new radio (NR) drive testing.

Over the next two years, visual configuration, digital wallets, customer identity and access management (CIAM) and virtual customer assistants (VCAs) will have high impact on digital commerce as mainstream adoption of these technologies increases.

2020 both accelerated and severely hampered the Virtual Reality (VR) market, and those impacts continue in 2021. Interest is slowly returning for public usage in arcades and other experiences, while home use remains a stable growth area, especially in VR gaming.

The extensive cost of last mile delivery often leads to a lack of profitability, with over 50% of shipping costs attributed to last mile alone. The increasing demand for e-commerce and rising consumer expectations has placed greater pressure on companies to expedite delivery while keeping costs low.

The past decade has seen the federal government and highly regulated industries reevaluate the role of cloud technology in enabling their digital transformation initiatives. Next-generation cloud offerings, led by Amazon AWS GovCloud (US), have matured to support the mission-critical objectives of national security, defense, and civilian agencies in a secure and compliant manner.

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.