Latest News & Executive Interviews
Strategy Analytics: Global Smart Speaker Shipments Declined 5% in 1Q22 Amid Disruption from War and a Resurgent COVID Virus
New disruptions to the global component shortage caused by Russia's war against Ukraine and a resurgence of COVID-19 in greater China have disrupted the smart speaker and smart display markets, according to the latest research from Strategy Analytics.
Recycled PVC Payment Cards see a Surge, with Shipments Set to Rise to 638 million in 2026
Banks and financial institutions have pivoted even further toward sustainable offerings in the payments market. Now this is expanding beyond the material side, which is still seeing rapid uptake as it relates to payment card shipments, and into other offerings and solutions that are tackling the issue of sustainability.
Integrating EDI, Emerging Technologies and Value-Added Networks to Streamline Trading Partner Relationships
To keep the global supply chain running, small and mid-sized organizations often get caught in a tough squeeze between large trading partners on the buy-and-sell side of the equation. It is not unusual for large trading hubs (large multinational corporations) to adopt varying practices and technologies that result in unique requirements, adding costs and complexity to the business-to-business (B2B) e-commerce process.
Gartner Survey Reveals Marketing Budgets Have Increased to 9.5% of Overall Company Revenue in 2022
Marketing budgets have climbed to 9.5% of total company revenue in 2022, an increase from 6.4% in 2021, according to Gartner, Inc. While marketing budgets are increasing this year, they still lag pre-pandemic spending levels.
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.