The gaming industry, once synonymous with double-digit growth, now finds itself at a crossroads. Rising interest rates, the return of players to offices and classrooms post pandemic, and high-profile games failing to meet expectations have fundamentally reshaped the gaming landscape. The industry now faces a cascade of challenges: project delays, significant layoffs, and even shuttered studios have become all too common.
Read MoreThe report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42% expect to increase headcount by 5% or more in the next 12 months – more than double the proportion who expect headcount decreases (17%), and up from 39% last year. The percentage is highest (48%) among smaller companies (less than US$100 million) and those in the technology (61%), real estate (61%), private equity (52%) and pharma and life sciences (51%) sectors.
Read MoreBy 2027 mobile app usage will decrease by 25% due to AI assistants according to Gartner, Inc.
Smartphone users will turn to AI assistants, such as Apple Intelligence, ChatGPT, Google Gemini, Meta AI, and others to replace apps for many functions. In addition to the impact of AI assistants, apps will be consolidated across separate brands and companies, creating mobile app partnerships or consortiums to reach more users per app at scale and defray the cost of creation and maintenance.
Read MoreThe integration of artificial intelligence (AI) and cloud computing into SAP’s enterprise resource planning (ERP) ecosystem is reshaping the business landscape, according to experts who participated in a recent CIO Online executive discussion held under Chatham House Rules.
In the wake of that session, BizTechReports convened Don Mishory, Managing Partner at Storm Reply, and Jaydeep Rathore, Senior Innovation Architect at AWS, for a vidcast to explore the strategic, operational, financial, and technological implications of this transformation.
Read MoreAn unpredictable global environment and advancing AI and intelligent technologies are driving fundamental shifts in the risk landscape and insurers’ relationships with clients and regulators in Europe, says a new research report from Information Services Group (ISG), a leading global technology research and advisory firm.
Read MoreThe intersection of artificial intelligence (AI) and healthcare holds immense promise, but achieving its full potential requires a careful balance of innovation, privacy, and regional inclusivity.
So says Julia Komissarchik, CEO of Glendor, in a recent BizTechReports vidcast in which she highlighted how her company is tackling some of the most pressing obstacles in the healthcare AI space: training AI models on sensitive medical data, addressing data silos, and ensuring diverse representation across regional healthcare datasets.
Read MoreAs businesses adapt to an increasingly fast-paced and complex environment, IT leaders are being called upon to play a more strategic role in driving transformation. At a recent virtual roundtable hosted by CIO Magazine and PwC, technology executives from finance, healthcare, manufacturing, retail, and other industries discussed how restructuring the relationship between business and IT can unlock greater value and enable continuous innovation.
Read MoreThe expanding use of AI is driving enterprise interest in data operations (DataOps) to orchestrate data integration and processing and improve data quality and validity, a new research report from leading global technology research and advisory firm Information Services Group (ISG)
Read MoreOrganizations must act now to prepare for the looming threats of quantum computing while leveraging generative AI to enhance cybersecurity and operational efficiency. This was the consensus among industry leaders during a CIO Magazine virtual roundtable co-hosted by Ben Corll of Zscaler. The discussion brought together executives from various sectors to examine the dual challenge of mitigating quantum risks while capitalizing on AI-driven opportunities.
Read MoreCFOs are planning smaller pay increases for employees in 2025, according to a survey by Gartner, Inc.
A poll of 300 CFOs and finance leaders in October 2024 found that while compensation remains a top area for budget boosts, second only to enterprise technology spending, pay increases have been slowing down for three years in a row (see Figure 1). For example, only 61% of CFOs are planning to increase average employee compensation in 2025, compared to 71% in 2024 and 86% in 2023.
Read MoreAI is becoming intrinsic to every aspect of how companies operate, and we predict 2025 will bring a new age of innovation – one that moves away from chasing AI use cases to using AI to power business strategy.
Read MoreBOSTON, AI remains a top priority for business leaders worldwide in 2025, with a strong focus on reaping tangible results from their AI initiatives. This year, one in three companies globally is planning to allocate over $25 million to AI.
Read MoreAccording to the International Data Corporation (IDC) Worldwide Semi-annual Services Tracker, the Indian IT Services market grew by 6.4% year-over-year (YoY) in 1H2024, contributing 79.2% of the overall IT & Business Services market. While this growth marks a slight moderation from 6.7% in 1H2023, it reflects sustained investments in digital transformation, cloud migration, and GenAI adoption. Indian enterprises remained committed to critical IT initiatives, prioritizing cost optimization and operational efficiencies to drive competitiveness.
Read MoreAccording to the recent IDC FutureScape: Worldwide Healthcare Industry 2025 Predictions – Asia Pacific (excluding Japan) Implications, IDC predicts that by 2027, the Asia/Pacific Healthcare industry will save up to $110 billion by significantly optimizing clinical, operational, and administrative workflows through intelligent automation.
Read MoreNew business models, a rapidly expanding remote workforce and increasing demand for real-time, automated systems powered by AI are driving payroll transformation, according to a new series of research reports from leading global technology research and advisory firm Information Services Group (ISG).
Read MoreThe worldwide Ethernet switch market recorded $10.8 billion in revenue in the third quarter of 2024 (3Q24), a 7.9% year-over-year (YoY) decline. Despite the annual drop, the market grew 6.6% from the second to the third quarters of 2024. The total worldwide enterprise and service provider (SP) router market declined 17.4% y/y to $3.1B in 3Q24. These findings are detailed in the latest editions of the International Data Corporation (IDC) Quarterly Ethernet Switch Tracker and IDC Quarterly Router Tracker.
Read MoreBy 2027, 40% of all customer service issues will be fully resolved by unofficial third-party tools powered by GenAI, according to Gartner, Inc.
Consumers are increasingly adopting unofficial third-party GenAI tools such as ChatGPT, Google AI Overviews, and Apple Intelligence to resolve customer service issues. The deep integration of GenAI into these widely available consumer tools is driving a shift in consumer behavior, as customers prefer these platforms for their convenience and availability. As a result, customer service teams may expect a decline in official first-party service volume.
Read MoreThe Asia/Pacific region (including China & Japan) is experiencing a remarkable acceleration in adopting AI and Generative AI technologies, including software, services, and hardware designed for AI-driven systems. According to I nternational D ata C orporation 's latest Worldwide AI and Generative AI Spending Guide, AI and Generative AI (GenAI) investments in the region are projected to reach $110 billion by 2028, growing at a compound annual growth rate (CAGR) of 24.0% from 2023 to 2028. This surge highlights the region’s critical influence in shaping the future of AI innovation and driving technological progress on a global scale.
Read MoreFuturesource Consulting has released its latest report, providing key insights into the rapid transformation of in-car entertainment systems. As the automotive industry embraces connectivity and software-driven solutions, tech companies are making moves to capitalise on the emerging opportunities in this dynamic market.
Read MoreWorldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner, Inc.
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