Latest News & Executive Interviews
Boston Consulting Group Finds: Micromobility Has Great Promise for Cities—if Integrated into the Current Transportation Landscape
As cities worldwide grapple with the impact of increasing vehicular traffic, micromobility has the potential to reduce congestion and pollution, while offering accessible, convenient, and affordable forms of transportation.
More Than 2 Billion Shipments of Devices with Machine Learning will Bring On-Device Learning and Inference Directly to Consumers by 2027, Finds ABI Research
Artificial Intelligence (AI) is all around us, but the processes of inference and learning that form the backbone of AI typically take place in big servers, far removed from consumers. New models are changing all that as the more recent frameworks of Federated Learning, Distributed Learning, and Few-shot Learning can be deployed directly on consumers’ devices that have lower compute and smaller power budgets, bringing AI to end-users.
Australia's Spending on Artificial Intelligence (AI) to Double to $3.6 Billion by 2025, Says IDC
According to IDC Australia's spending on AI systems will grow to $3.6 billion in 2025, representing a compounded annual growth rate of 24.4% for the period of 2020-25. Organisations have increased their investment in artificial intelligence (AI) to keep up with the changing digital environment, which aids in better business decision-making and customer service.
Less Than 20% of Retailers Are on Track to Meet Their Sustainability Targets, but There Are Reasons for Optimism, says BCG Study in Partnership with World Retail Congress
The retail industry must work harder and faster to make a meaningful impact to deliver on climate change commitments. Boston Consulting Group highlights the need for a seismic shift in attitudes and business processes to place sustainability at the core of corporate strategy, decision making, and value creation.
Auto OEMs to Invest $515 Billion in EV-Related Technologies and Upgrades – But Supply Chain Challenges Remain Finds ABI Research
Based on updated Electric Vehicle (EV) introduction plans announced recently by automakers, the complete transition to EV production for many OEMs could come as soon as 2030. According to ABI Research, auto OEMs will invest an estimated $515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years.
ABI Research Finds IoT Partner Programs Making the Move Toward Renewable Energy Verticals
ABI Research finds that not only parents of partner programs are continuing their long history of partnering with system integrators, OEMs, and professional services providers to enable full-scale end-to-end IoT solutions, but also are now branching out into renewable energy verticals.
ETR Technology Survey Cites Cybersecurity as Highest Priority for IT Spending
Enterprise Technology Research (ETR), a technology market research firm, released its latest Technology Spending Intentions Survey (TSIS). The TSIS shows cybersecurity leads as the highest IT priority and that tech hiring is at the highest levels ever reported in TSIS, and 64% of the workforce will embrace some form of remote work permanently.
ABI Research Discusses Traceability Regulations -- A Critical Component for the Food Supply Chain in an Era of Batch-Level Track and Trace
ABI Research has identified key industry initiatives and regulatory changes which are driving traceability in the food industry across different regions. Spurred by voluntary industry standards, the regulations have evolved to react to food safety incidents, localize food recall, and meet export requirements.
Gartner Says Nearly Half of Finance Executives See Self-Service Data and Analytics as a Driver of Employee Productivity
As CFOs look for ways to fight inflation’s impact on margins, self-service analytics will be a critical tool for driving employee productivity. Companies that invest in productivity and efficiency to fight inflation will outperform those that just increase prices finds Gartner.
Russia-Ukraine war: The Conflict will Generate a $5.5 Billion Loss for the ICT Market in 2022 Finds IDC
The raging conflict in Eastern Europe has taken a hit on the global ICT market, and the effects of the Russia-Ukraine war will linger for years to come. According to IDC the conflict will generate a loss of worldwide ICT spending worth $5.5 billion in 2022.
Consultative Services for Smart Home Devices: Simplifying Complex Purchases Finds Parks Associates
New technologies are becoming available to consumers through innovative connected devices in the home. Multiple brands have released new connected products geared at improving convenience and helping consumers monitor and address daily living challenges.
Gartner Predicts 65% of B2B Sales Organizations Will Transition from Intuition-Based to Data-Driven Decision Making by 2026
By 2026, 65% of B2B sales organizations will transition from intuition-based to data-driven decision making, using technology that unites workflow, data and analytics, according to Gartner, Inc. The market is growing rapidly with the rush to virtual selling due to the pandemic.
Virtual Reality, Spurred by Renewed Immersive Opportunities, will Reach 90 Million Total Device Shipments in 2027 States ABI Research
After years of slow but steady growth in limited use cases, virtual reality (VR) is facing a market explosion over the next five years. Consumer interest in VR games and media continues to grow after COVID accelerated activity.
Parks Associates Finds Why Consumers Are NOT Buying Smart Home Devices
Despite the proliferation of available smart home devices and services, as well as numerous escalating promotions, the adoption rate for many smart home products has remained consistent over the past few years. Manufacturers and service providers are eager to understand what they must do to make significant gains in sales and revenue.
Gartner Says U.S. Total Annual Employee Turnover Will Likely Jump by Nearly 20% From the Prepandemic Annual Average
U.S. employee annual voluntary turnover is likely to jump nearly 20% this year, from a prepandemic annual average of 31.9 million employees quitting their jobs to 37.4 million quitting in 2022, according to Gartner, Inc. As employees seek to take advantage of new hybrid work arrangements, they are confronting issues of misalignment with leaders and achieving the flexibility they desire.
Enhancing Digital Experiences Requires NSPs to Seamlessly Manage Mix of Subscription and Advertising Delivery Models, Reports Hoppr
As content consumption has risen through the COVID-19 pandemic, consumers have demonstrated a willingness to pay for many ad-free online entertainment services, as evidenced in the significant uptick in subscription revenue throughout 2020-2021.
Global Cloud Gaming to Reach 349.4 Million Users by 2025, Says Frost & Sullivan
Frost & Sullivan’s analysis of the global cloud gaming market, finds that the global video game market is experiencing disruption with the advent of cloud gaming. It allows users to enjoy the latest gaming titles without high-end hardware or downloading the full software on their computers or other devices.
Maximizing the Value of Secure Access Service Edge (SASE) Requires Consolidation, Convergence, and 5G Compatibility Finds ABI Research
Trends accelerated by the pandemic have created significant networking and security challenges: the expansion of the remote workforce, an increasing reliance on cloud infrastructure, and the requirement to connect end-users securely everywhere with applications anywhere. Traditional solutions that have rigid wired network underlays and a requirement for on-premises infrastructure cannot adequately deal with these trends.
BizTechReports: Advanced HDR by Technicolor Introduces “No Compromise” Round-trip Feature to Ensure the Highest Quality HDR and SDR Output in a Single Production Process
One of the biggest challenges determining how live broadcasters utilize and deliver high dynamic range (HDR) to audiences around the world revolves around how to efficiently integrate legacy standard dynamic range (SDR) content in a technically effective and cost-efficient manner. What is needed is a superior fidelity two-way conversion process between SDR and HDR.
Christina Cooley of J.D. Power Discusses Environmentally Friendly Messaging for Differentiation in Retail Paint Market as Supply Chain Challenges Continue
During the past two years, the home improvement sector experienced an uptick in sales as customers tackled do-it-yourself (DIY) projects to improve the functionality or aesthetics of their homes—and kill time. This elevated level of activity has reshaped the landscape of the paint market.