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The Right High Dynamic Range Strategies Can Open Doors to Cost-Effective Competitive Differentiation Among Video Streaming Providers - January 9, 2024

The highly competitive streaming video landscape is prompting executives in the over-the-top (OTT) video streaming market to explore features and capabilities that drive customer retention and greater audience engagement. High Dynamic Range (HDR) is a technology that falls into this category of emerging solutions as it gains more attention from consumers and the industry, according to Nick Mitchell, Media Solutions Consultant for InterDigital, in an interview for journalists.

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Emerging Markets, Technology Staff Reports Emerging Markets, Technology Staff Reports

Does SD-WAN Have a Future in a SASE World? GigaOm Reports - January 8, 2024

In the ever-evolving landscape of networking and security, two buzzwords have been making the rounds: SD-WAN and SASE. With the confusion surrounding them and SASE (the newer of the two), you may wonder: “Does SD-WAN have a future in a SASE world?” GigaOm explores the benefits of SD-WAN, the hype around SASE, how they fit together, and whether SASE is an automatic choice for all SD-WAN customers.

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Smart Home Devices Resonate with Consumers, Global Shipments to Double by 2027 — Futuresource Consulting Reports - January 5, 2024

Consumer adoption of smart home devices continues apace, with a new Futuresource Consulting report indicating that shipments could have exceeded 257 million units worldwide in 2023. That’s a year-on-year increase of 23%, and the specialist research firm expects sector activity to intensify over the next few years.

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Emerging Markets, Technology Staff Reports Emerging Markets, Technology Staff Reports

Global Shipments of Smart TVs Poised to Make a Slow Recovery, According to IDC - January 2, 2024

Worldwide smart TV shipments are on track to decline 5.5% year over year in 2023, according to IDC. However, the market is expected to recover with a flat growth forecast in 2024, followed by slow growth in the following years. With high inflation and long refresh cycles, much of the growth in the smart TV market is relegated to emerging markets.

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Optimism for Enterprise AV as Companies Seek to Strengthen Office Value — Futuresource Consulting Reports

Advanced collaboration tech will be crucial in the post-COVID office. A Futuresource Consulting report shows that 2022-2023 saw corporate AV budgets squeezed due to chipset price hikes and supply chain disruption. The tech sector also faced layoffs. But, the firm sees a potential growth upswing, projecting growth in volume and value for various collaboration devices.

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Future of Work Staff Reports Future of Work Staff Reports

50% of Consumers Will Significantly Limit Their Interactions with Social Media by 2025, Predicts Gartner

By 2025, Gartner predicts 50% of consumers will quit or reduce social media use due to declining quality. A Gartner survey found 53% of consumers thought social media quality has declined compared to the past due to misinformation, toxic users, and bots. Consumers fear GenAI integration will worsen user experience. Emily Weiss, Senior Principal Researcher at Gartner, advises CMOs to refocus acquisition and retention strategies as users increasingly limit their social media use.

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Emerging Markets, Future of Work Staff Reports Emerging Markets, Future of Work Staff Reports

Public Sector Poised for $1.75 Trillion Boost in Annual Productivity by 2033, Propelled by GenAI — BCG Reports

Governments worldwide are using GenAI to improve decision-making and services. According to a study by BCG, GenAI could increase productivity in the public sector by $1.75 trillion per year by 2033. This estimate includes all levels of government and various domains.

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Worldwide Sovereign Cloud Spending to Reach More Than $250 Billion in 2027, Forecasts IDC

Sovereign cloud spending is expected to reach $258.5 billion by 2027, growing at a CAGR of 26.6%, according to IDC. Regulatory compliance has been the main driver for demand, but digital sovereignty has emerged as a significant concern across all industries. The need to enhance cybersecurity and expand cloud use are the main drivers for the adoption of sovereign cloud solutions.

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Future of Work, Trends and Predictions Staff Reports Future of Work, Trends and Predictions Staff Reports

‘Do More with Less’ Will Be Driving Force for Enterprises in 2024 — Everest Group

2024 will be the year of doing more with less, according to the results of the Everest Group 2024 Key Issues Study of enterprise executives. Top priorities for enterprises for the year ahead are revenue growth and a continued emphasis on cost optimization. Talent acquisition, which dominated enterprise concerns just two years ago, is no longer among the Top 5 expected challenges, falling to No. 8 from previous No.1 and No. 3 positions in expectations for 2022 and 2023, respectively.

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Cyber and Digital Technology Risks are a Key Concern for Businesses and Risk Leaders, even as 60% see GenAI as an Opportunity: PwC 2023 Global Risk Survey

PwC’s 2023 Global Risk Survey found that 37% of respondents consider cyber risks as their top concern, while 32% worry about digital technology risks. Despite this, 60% of businesses surveyed see Generative AI as an opportunity. The survey included 3,900 business and risk leaders from different sectors and reveals the impact of emerging technologies such as machine learning, automation, cybersecurity and the cloud on businesses.

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Gartner Identifies the Top Trends Impacting Infrastructure and Operations for 2024

Gartner outlines six trends that will significantly impact infrastructure and operations (I&O) over the next 12 to 18 months. I&O leaders have limited resources to track emerging trends and their impact on I&O, with a recommendation to I&O leaders to use the top trends impacting I&O for 2024 to identify which trends are most likely to impact their organization and implement effective tactics to respond.

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Economy, Inflation Outrank Talent and Technology as Primary Risk for Global Business Leaders Next Year, Protiviti-NC State University Survey Finds

According to a recent survey by Protiviti and NC State University’s ERM Initiative, economic pressures and persistent inflation are the top near-term risks facing business leaders globally, overtaking the war for talent. The survey also found that cyber threats are the top concern of respondents over the next decade.

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Emerging Markets, Future of Work Staff Reports Emerging Markets, Future of Work Staff Reports

60% of Asia's Top Firms to Pivot CX Budgets to GenAI, Phasing Out Old Software by 2027

In a recent report, IDC predicts that by 2027, 60% of APAC firms will allocate 35% of their CX budget on emerging products and skills as GenAI improves. This shift shows that companies are starting to prioritize GenAI for customer-facing applications, hoping to improve customer satisfaction, service, and retention.

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Media Streaming Market Shows Pockets of Growth Despite Overall Decline

The market for media streamers is facing significant challenges due to the weak economic climate and the increasing ownership of smart TVs. This has resulted in a decline in sales. However, a new report from Futuresource Consulting has identified some areas of opportunity despite the decline.

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Emerging Markets, Future of Work Staff Reports Emerging Markets, Future of Work Staff Reports

39% of Organizations Currently Use AI in the Finance Function, Finds New Gartner Survey

68% of finance organizations are using or planning to use AI, according to a recent survey by Gartner. Of 133 finance leaders surveyed in May 2023, 39% are currently using AI/ML, and 29% plan to use it in the future. Successful AI-forward finance organizations embrace AI at the C-suite level and embed data science teams within finance departments. Employees should view AI as a co-worker, not a threat to their jobs, for the highest likelihood and magnitude of success.

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Seven Reasons Why Generative AI Will Fall Short in 2024 — GigaOM Reports

Generative AI is a rapidly growing field with immense potential. However, its success is not guaranteed, at least not in the short term. To understand the potential hurdles that lie ahead, we asked some of our analysts to share their thoughts.

So, what are the potential issues that could impede the progress of generative AI? Keep reading to find out, and be prepared for what lies ahead!

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Emerging Markets Staff Reports Emerging Markets Staff Reports

Retailers Weathering a Tough Holiday Shopping Season Lean into Pricing and Promotion Strategies

According to a recent report by Bain and Company, retail sales data shows retailers are adopting various pricing strategies. Although the shopping season has begun on a positive note with a rebound in sales from September's low, some retailers are still offering sales events to drive sales. Despite these efforts, the growth rate for nominal retail sales in the US, as defined by Bain, is expected to be just 3.3% YoY in October, compared to 6.9% last year.

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