Latest News & Executive Interviews
ABI Research Finds Digital Twins, IoT, and AI are Critical Enablers in the Journey to Net Zero in Cities
Cities account for more than 50% of the planet’s population and are responsible for more than 70% of global carbon emissions. To combat this, decarbonization strategies are being employed by cities around the world. Smart city technologies will be a critical asset for this transformation.
Parks Associates Finds 40 Million Households Trialed and Subscribed to at Least One OTT Service in the First Half of 2021
Parks Associates’ new consumer study reveals 40 million US internet households trialed and subscribed to at least one OTT service in the first half of 2021.
Global 2021 AI Venture Capital Investment Nears 2019 Historical High at $22.3 Billion
The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching $22.3 billion in 2021. According to ABI Research, this is just $0.4 million shy of the historical high of $22.7 billion recorded in 2019.
Frost & Sullivan Finds the Global Metaverse Market Will Unlock $750 Billion Opportunity by 2030
The metaverse is anticipated to become a platform where people spend time with social communities, consume media, and participate in virtual events and sports. Frost & Sullivan finds that the metaverse will be an interconnected network of virtual worlds that will eventually become an extension of the real-world economy.
Omdia: Sustainability Ranks Top on Data Center Operators’ Agendas Despite Cost and Reliability Barriers
Omdia, unveils its Data Center Thermal Management and Sustainability Intelligence Service. The new annual service offers technology manufacturers, vendors, and service providers comprehensive insight and analysis of sustainable data center practices and strategies, with a focus on new technologies such as liquid cooling and energy storage.
Industry Media Roundtable Explores the State of HDR in the Americas to Provide An Ecosystem Perspective
The entire ecosystem of broadcasters, content creators, consumer electronics manufacturers, and chip-set makers are coordinating efforts to deliver HDR to a new generation of tech-savvy consumers.
Telco Network-As-A-Service is a $75 Billion Opportunity if They Invest and Align Early Finds ABI Research
Networks have been commoditized over the last few years and the cost of connectivity has fallen. Value has shifted from network infrastructure to the services built on top of the network. This has led to significant interest in the network-as-a-service (NaaS) market. Global technology intelligence firm ABI Research expects this market to expand significantly reaching over $150 billion by 2030.
Aberdeen: 3 Ways to Improve Your Talent Pipeline with Technology
Over half of all organizations today are increasingly struggling withurnover, time-to-hire, and cost-of-hire finds Aberdeen Stratery Researh. Data-driven Best-in-Class (BIC) organizations are differentiating themselves by investing in and leveraging cloud-based HR systems to competitively position and outperform others.
Forrester’s US 2022 Customer Experience Index: Nearly 20% Of Brands See Drop In Customer Experience Quality
According to Forrester’s US 2022 Customer Experience Index rankings, CX quality fell for 19% of brands in 2022 — the highest proportion of brands to drop in one year since the inception of the survey.
Worldwide Enterprise WLAN Momentum Continues with Strong 17.1% Annualized Growth in 1Q22, According to IDC
The enterprise segment of the worldwide wireless local area network (WLAN) market continued its strong growth in the first quarter of 2022 (1Q22) with revenues increasing 17.1% year over year to $1.95 billion, according to results published in the International Data Corporation (IDC) Worldwide Quarterly Wireless LAN Tracker.
20 Years After Passage of Sarbanes-Oxley Act, Companies Face Continuing Struggle to Moderate Compliance Costs, Finds New Protiviti Survey
The thirteenth annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by Protiviti, finds that hours devoted to SOX compliance increased for 53% of companies across most industries, company sizes and reporting types. The 2022 survey results illustrate the need for companies to explore alternative delivery models and automation for SOX compliance to drive a more effective and efficient execution strategy in the face of numerous challenges.
Gartner Sales Survey Finds 83% of B2B Buyers Prefer Ordering or Paying Through Digital Commerce
Eighty-three percent of B2B buyers say they prefer ordering or paying through digital commerce, according to Gartner, Inc. A Gartner survey of 725 B2B buyers from November through December 2021 found that digital commerce has rapidly become the norm and the preferred way to complete B2B purchases.
BIA Decreases 2022 Estimates for U.S. Local Advertising Revenue to $167.4B Indicating Headwinds for the Overall Local Advertising Marketplace
BIA Advisory Services has decreased its 2022 U.S. Local Advertising Forecast estimate to $167.4 billion, from its original estimate of $173.3 billion issued in December 2021. Headwinds from overseas conflicts, continuing supply chain issues, and deep cuts in ad spending from large verticals like automotive precipitated the reduction.
Quality, Complexity Management and Trust Emerge as Keys to Success Across Competitive Digital Experience Markets
Comprehensive ecosystem-wide collaboration and coordination will be the key to meeting the needs of increasingly sophisticated consumers who demand high-quality experiences that are easy and safe to use. So says Jon Kirchner, CEO of Xperi Corporation—a holding company that houses several iconic brands including TiVo, HD Radio, DTS and IMAX Enhanced—in a recent podcast interview for journalists.
The Steel Industry Will Be Investing $6 Billion Per Annum in Digital Transformation by 2030, Finds ABI Research
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.
Boston Consulting Group Finds: Global Wealth Grew by Double Digits to $530 Trillion in 2021, Despite Continued Crises
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).
Next-generation Diagnostics Paving the Way to Reach Personalized Medicine, Finds Frost & Sullivan
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%.
Edge Machine Learning Enablement Market to Exceed $5 Billion by 2027 Finds ABI Research
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.
Stewart Stropp: EV Consideration Study from J.D. Power Illustrates Need for More Information & Transparency to Increase Adoption
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.
BTR Roundtable: Culture of Automation, Standardization and Ad-Hoc Collaboration Emerges as Key to Success in ISR Applications Across Emergency Management Operations
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.