Latest News & Executive Interviews
Gartner Predicts That By 2026, 75% of Customers Will Call Customer Service and Support Due to Loneliness
By 2026, 75% of customers who call customer service and support organizations will do so out of loneliness, not because they have a customer service issue, according to Gartner, Inc. This will affect service and support leaders’ priority of migrating customers to self-service and ensuring rep well-being.
Emergency Managers Integrate MANET Technology into ISR Platforms for Public Safety Communication Solutions; TrellisWare
Beyond providing eyes and ears on situations that are either impractical or too dangerous for direct human observation, ISR systems are using unmanned technology platforms to provide critical ad-hoc connectivity when existing infrastructure is compromised, says Kevin Thompson, director of public safety for TrellisWare, a provider of mobile ad-hoc networks solutions, in a podcast interview with BizTechReports.
Global Leaders Expect Challenges of Retaining, Attracting and Developing Top Talent Will Persist Over Next Decade, Protiviti & NC State University Survey Finds
Pandemic-related market conditions remain a top concern for 2022 among C-suite executives. Looking ahead to 2031, business leaders cite workforce and talent-related issues as their primary concern, indicating that the impact of the ‘Great Resignation’ will persist as their organizations struggle to fill the talent requirements supporting their strategies.
Frost & Sullivan Reports Increasing Focus on Advancing Digital Customer Experience (CX) Transformation for Brands Boosts European Outsourcing Industry
Personalization, 24/7 availability, and support through digital channels should enable most brands to keep up with changes in customer behavior. According to Frost & Sullivan, the European outsourcing industry’s focus on improving the conversational customer experience has significantly boosted pandemic recovery, with CX outsourcing revenues expected to grow by 10.1% this year.
Gartner Predicts At Least 85% of Governments Without a Total Experience Strategy by 2023, Will Fail to Transform Services
By 2023, at least 85% of governments without a total experience (TX) strategy will fail to successfully transform government services, according to Gartner, Inc. Governments that continue to focus on citizen and employee experience initiatives separately will miss out on essential synergies to effectively transform their services.
IDC Reports 21 Dec 2021 The Lowered Lockdown Restriction Led to Slight Increase in Indonesia's Printer Market Demand
Indonesia’s home/office printer market – including laser, inkjet and serial dot matrix registered overall shipments of 0.33 million units in 2021Q3 (July-September). The overall market also grew by 6.0% year-over-year (YoY) and 16.6% quarter-over-quarter (QoQ).
Oil & Gas Firms to Spend $15 Billion on Digital Transformation Technologies by the End of the Decade States ABI Research
Oil & Gas firms face a myriad of operational, commercial, and existential threats. According to ABI Research, Oil & Gas firms are turning to digitalization to combat these threats and will spend $15.6 billion on digital technologies in 2030.
Frost & Sullivan Reports Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles
Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases. Their suitability for autonomous delivery vehicles, eShuttles, and electric light commercial vehicles (eLCVs) is expected to result in a $5.20 billion global market by 2030.
A $11 Billion Revenue Opportunity for 5G Network Security Solutions and Services by 2026 States ABI Research
As the 5G network rollout accelerates worldwide, the market for network security is materializing quickly. Global technology intelligence firm ABI Research forecasts a total revenue opportunity of $11.6 billion by 2026. Delivered initially through hardware sales to telcos, the software and services opportunity is expected to grow significantly in the latter part of the forecast period.
Broadcast and TV Channel Executives Explore Strategies for Managing HDR Complexity and Future Proofing TV Experiences
Broadcasters and TV Channel executives worldwide have been exploring ways to manage the complex issues associated with delivering high-dynamic-range (HDR) experiences across the wide variety of content they present to their viewers. The HDR industry must determine an effective way to absorb these new technologies and innovations as they become available without completely disrupting operations.
Next Generation HDR Solutions with ATSC 3.0 Signal the Future of Broadcast
2022 is shaping up to be a very big year for NextGen TV as adoption of Advanced Television Systems Committee (ATSC) version 3.0 and rapidly maturing video technologies like high dynamic range (HDR) gather momentum. The Consumer Technology Association (CTA) recently increased their estimate of televisions sold with ATSC 3.0 capability in 2021 from 800,000 to more than 2 million units.
Gartner Says 20% of Large Enterprises Will Use Digital Currencies by 2024
Twenty percent of large organizations will use digital currencies for payments, stored value or collateral by 2024, according to Gartner, Inc. The prediction has important implications for CFOs as they assess use cases and potential risks for digital currencies, which will be used more in business transactions and grow in overall economic significance in the years ahead.
IDC Reports Indonesia Smartphone Market Declines 12.4% YoY in 3Q21, amidst Supply Difficulties and COVID-19 Lockdown
According to the latest IDC Quarterly Mobile Phone Tracker, Indonesia’s smartphone shipment dropped 12.4% YoY, reaching only 9.2 million units in 3Q21 amidst channel disruptions and difficulties from the supply side. While restrictions started to ease since September, supply shortages will continue to impact overall mobile phone production and shipments, with a tighter supply of 4G smartphones as OEMs focus on 5G smartphones.
How Emerging ISR Technologies Supported by Mobile AdHoc Networks Enhance Emergency Response Operations
Emergency management agencies (EMAs) have their hands full as the intensity, frequency, and volatility of natural and man-made disasters rise across the United States. According to the National Centers for Environmental Information, the U.S. sustained 16 weather and climate disasters during 2020, resulting in damages researchers say exceeded $22 billion in that year alone.
Smart Government ID Credentials Set for 11% Growth in 2021, Despite Looming Chipset Shortage, Reports ABI Research
According to ABI Research, the worldwide shipments of smart Government ID credentials is set to rise from 500.1 million in 2020 to 554 million in 2021, with the chipset shortage taking hold in 2022. While the passport market will take a few years to recover to pre-COVID levels, likely not until 2024, the overall market will see an upturn after the woes of 2020.
Worldwide Smart Home Devices Market Grew 10.3% in Third Quarter 2021, Says IDC
The worldwide market for smart home devices grew 10.3% year over year in the third quarter of 2021 (3Q21) with more than 221.8 million device shipments, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. Despite persistent supply chain disruptions, unemployment, and an uneven economic recovery, consumer demand remained high for smart home devices like smart TVs, smart speakers, and other devices.
Frost & Sullivan Finds: Increasing Automated Safety Requirements Highlight Need for Robust Regulatory Framework for Autonomous Vehicles
Frost & Sullivan’s recent analysis of the global autonomous vehicles (AVs) regulatory landscape finds that increasing automated safety requirements necessitate a robust regulatory framework for AVs.
Gartner Predicts 90% of Public Sustainable Packaging Commitments Won’t be Met by 2025
While enterprise commitments to sustainable packaging have centered on 100% of packaging being reusable, recyclable or compostable by 2025, Gartner, Inc. predicts that 90% of those public sustainable packaging commitments won’t be met by 2025 due to reliance on plastics and single use packaging.
Technicolor Connected Home Describes Emerging Trends Spurring an Evolution of the Set-Top Box
The past few years have seen a major shift in how set-top box (STB) technologies are being designed and deployed to support the evolving needs of connected home subscribers. New consumer attitudes that favor choice and control have prompted network service providers (NSPs) to reevaluate the efficacy of proprietary customer premises equipment (CPE) strategies and explore the benefits offered by a more open approach to bringing new STB value propositions to market.
ABI Research States Revenues from Warehouse Management Systems to Exceed US$10 Billion by 2030
The warehousing sector has been forced to ramp up its digitization efforts considering the increased order volume and growing omnichannel trends due to the e-commerce boom. Global investment in Warehouse Management System (WMS) platforms surged from $2.3 billion in 2019 to over $2.5 billion in 2020, indicating an 8% year-over-year growth.