Half of supply chain leaders plan to implement generative AI (GenAI) in the next 12 months, with an additional 14% already in the implementation stage, according to a survey by Gartner, Inc. The survey data also showed that chief supply chain officers (CSCOs) are dedicating 5.8% of their function’s budget, on average, to GenAI.

Automotive OEMs are focused on integrating immersive VoD and gaming to fill the vehicle with digitally native experiences that generate engagement and revenue among their customers. ABI Research forecasts worldwide shipments of cars with VoD will reach 15.09 million by 2030, driven by improved connectivity, higher screen size and resolution, and enhanced computing power of today’s vehicles.

The 2023 Brooklyn 6G Summit highlighted both the optimism and uncertainty the telecom industry is experiencing as it progresses from the 5G era, which is about halfway through its developmental cycle, to the 6G era, which is expected to commence in 2028, when the first 6G specification in 3rd Generation Partnership Project (3GPP) Release 21 is finalized.

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.

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.

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.

GenAI is predicted to handle 30% of traditional marketing tasks in Asia/Pacific by 2027. 37.8% of CMOs are already implementing GenAI technologies. Marketing is becoming more data-driven with the rise of Generative AI, content fatigue, phasing out of cookies and a shift towards open advertising.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

While the market for digital video entertainment has never been more vibrant, the factors that created opportunities have also seeded the challenges faced by the sector today, says Serhad Doken, chief technology officer for Adeia in a podcast interview for journalists.

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.

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.