According to ABI Research, steel manufacturers’ investment in digital transformation will grow at a CAGR of 10.9% between 2022 and 2031, reaching $5.9 billion. Investment into data analytics to optimize the steel production process will lead to worth up to $2.9 billion in 2031.

Global wealth reached a record high of $530 trillion in 2021, fueled by strong equity markets and a surge in demand for real assets, according to Boston Consulting Group (BCG).

New technologies, sequencing methods, novel software algorithms, and multi-omic approaches empower patients to take more active control of their health outcomes and offer them personalized medicine. The market has a promising future outlook, and its revenue is expected to grow from $99.23 billion in 2021 to $138.34 billion by 2026 at a CAGR of 6.9%.

In recent years, the industry has witnessed the migration of Machine Learning (ML) closer to the data source to create a better user experience and enhance privacy. To ease the challenges in design and development and accelerate adoption, many companies are offering development platforms, tools, libraries, and solutions for edge ML applications.

Now that we’re well into 2022, electric vehicles (EVs) are gaining tangible traction in the auto market. Ongoing product launches, infrastructure build-out, policy change and rising gas prices are greasing the ramp-up in consumer interest. But significant work lies ahead if the industry wants to accelerate the transition from early to mass adoption of EVs. A lack of information on the value and ownership propositions has left a large swath of new-vehicle shoppers reticent to make the electric leap. Automakers, retailers and other stakeholders need to ‘rewrite the script’ to change consumer attitudes and increase interest in EVs.

BizTechReports presents an open and industry-focused conversation on the role of ISR in providing support for emergency management agencies as well as the hurdles in the way of accelerated adoption. Our panel of experts explore the latest evolutions in ISR technologies and how these systems can be rapidly deployed by prospective agencies. We also identify the various stakeholders within the target audience groups of ISR technologies providers and some best practices for how the ISR community can work together to identify and engage with emergency management agencies.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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 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.

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.

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.