Forrester forecasts that working populations in the five largest economies in Asia Pacific — India, China, South Korea, Australia, and Japan — are more at risk due to physical robot automation than Europe and North America. By 2040, 63 million jobs are expected to be lost to automation, with more than 247 million jobs expected to be in jeopardy across industries that are more susceptible to automation, such as construction and agriculture.

With robotics and automation taking over more tasks in organizations, the role of the chief robotics officer (CRO) should be created to strategically drive the proliferation of these technologies, according to Gartner, Inc.

5G is a composition of several network layers that leverage technology with varied maturity levels, such as Open RAN, network slicing, cloud infrastructure (private, public, and hybrid), and cloud-edges. With respect to cloud-edges, the broader Artificial Intelligence (AI) industry is witnessing a migration of AI to the edge.

The automotive world is speeding ahead: electric (EV) and autonomous vehicles (AV) are poised to become increasingly mainstream, posing a clear challenge to the industry’s established players.

Automation of routine work with artificial intelligence (AI), digital dexterity, and hybrid work with distributed workforce will be three key trends impacting the future of work that CIOs should focus on, according to Gartner, Inc.

Frost & Sullivan’s recent analysis maps the autonomous technology roadmap and market trends in the two leading regions: North America and the European Union. By 2030, Level 4 autonomous trucks will account for transportation of ~6.4% of general freights by ton-miles in the United States, leading to savings of $4.75 billion in annual freight costs.

Frost & Sullivan’s recent analysis, Digital Hospitals: Creating Growth Opportunities in Patient Care during the COVID-19 Pandemic and Beyond, finds that digital hospitals that deploy smart technologies, such as artificial intelligence (AI), remote health monitoring, and robotics, deliver higher standards of patient care and hassle-free experiences for health professionals

Frost & Sullivan’s recent analysis, COVID-19 Growth Impact Assessment for the Commercial Vehicle Industry, shows that digital and connectivity services will significantly influence market recovery post-COVID-19 as telematics services, automated digital freight brokerage solutions, and digital retailing are expected to thrive.

The global robotic process automation (RPA) market is expected to gain momentum by reaching $6.10 billion by 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning that drives the demand for modern robotic process automation.

By 2025, 60% of B2B sales organizations will merge their sales process, applications, data, and analytics into a single operational practice. Driven by the movement to multi-experience selling, B2B buyers now prefer to engage with suppliers through digital and self-service channels.

Frost & Sullivan’s recent analysis encompasses nine key trends that will emerge from industries reshaping as a response to COVID-19. Technology leaders must assess the emerging opportunities resulting from COVID-19 and provide technological innovations to build company, society, and consumer resilience.

Frost & Sullivan’s recent analysis finds that data science tools are promising technologies transforming drug discovery costs, speed, and efficiency. When combined with other emerging tech areas, artificial intelligence (AI) technologies move to the next phase of advancements.

The Global Sourcing industry is suffering from the negative business impacts of the COVID-19 pandemic. The worldwide setup of Global Business Services (GBS) centers, also known as Global In-house Centers (GICs), fell more than 48% as offshore/nearshore activity dropped 46%, and onshore setups dropped 52% for the quarter.

Global robotic process automation (RPA) software revenue is projected to reach $1.89 billion in 2021, an increase of 19.5% from 2020, according to the latest forecast from Gartner, Inc. Despite economic pressures caused by the COVID-19 pandemic, the RPA market is still expected to grow at double-digit rates through 2024.

Process mining—which is the technique of using software to discover and map business processes in order to optimize and automate them—is an emerging market for service providers, growing at around 140-160% from 2018 to 2019 to reach US$230-US$250 million, according to Everest Group.

One of the most potent levers enabling digital transformation today is Intelligent Automation in Business Processes (IABP). The IABP market will endure muted growth in 2020 due to COVID-19 but experience a strong resurgence when global economies emerge out of the pandemic crisis.

Frost & Sullivan’s recent analysis, Global Building Automation Systems (BAS) Market, Forecast to 2026, reveals that energy-efficiency requisites, energy conservation and favorable government initiatives, rising energy prices, and strict building codes are prominent factors driving the global BAS market. The market is estimated to reach $5.91 billion by 2026 from $4.69 billion in 2019.

More than 2,000 IT and line of business (LoB) decision makers confirms that adoption of artificial intelligence (AI) is growing worldwide, as shown by a recent survey conducted by the International Data Corporation (IDC). Over a quarter of all AI initiatives are already in production and more than one third are in advanced development stages, and organizations are reporting an increase in their AI spending this year.

The hype around public cloud computing in the Gulf Cooperation Council (GCC) states will grow in the next two to five years, according to a new report from Gartner, Inc. However, it will take more than 10 years for this technology to translate into mainstream adoption.

The automotive industry must engage in a comprehensive and high-profile discussion on the implications of intelligent vehicles to ensure consumer trust and adoption, according to Bernardo Rodriguez, Chief Digital Officer at J.D. Power, in an audio interview for journalists covering the Auto Revolution 2019 conference Las Vegas on October 23-24.