Marketing budgets have climbed to 9.5% of total company revenue in 2022, an increase from 6.4% in 2021, according to Gartner, Inc. While marketing budgets are increasing this year, they still lag pre-pandemic spending levels.
Read More
As cities worldwide grapple with the impact of increasing vehicular traffic, micromobility has the potential to reduce congestion and pollution, while offering accessible, convenient, and affordable forms of transportation.
Read More
Artificial Intelligence (AI) is all around us, but the processes of inference and learning that form the backbone of AI typically take place in big servers, far removed from consumers. New models are changing all that as the more recent frameworks of Federated Learning, Distributed Learning, and Few-shot Learning can be deployed directly on consumers’ devices that have lower compute and smaller power budgets, bringing AI to end-users.
Read More
According to IDC Australia's spending on AI systems will grow to $3.6 billion in 2025, representing a compounded annual growth rate of 24.4% for the period of 2020-25. Organisations have increased their investment in artificial intelligence (AI) to keep up with the changing digital environment, which aids in better business decision-making and customer service.
Read More
The retail industry must work harder and faster to make a meaningful impact to deliver on climate change commitments. Boston Consulting Group highlights the need for a seismic shift in attitudes and business processes to place sustainability at the core of corporate strategy, decision making, and value creation.
Read More
Based on updated Electric Vehicle (EV) introduction plans announced recently by automakers, the complete transition to EV production for many OEMs could come as soon as 2030. According to ABI Research, auto OEMs will invest an estimated $515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years.
Read More
ABI Research finds that not only parents of partner programs are continuing their long history of partnering with system integrators, OEMs, and professional services providers to enable full-scale end-to-end IoT solutions, but also are now branching out into renewable energy verticals.
Read More
Enterprise Technology Research (ETR), a technology market research firm, released its latest Technology Spending Intentions Survey (TSIS). The TSIS shows cybersecurity leads as the highest IT priority and that tech hiring is at the highest levels ever reported in TSIS, and 64% of the workforce will embrace some form of remote work permanently.
Read More
ABI Research has identified key industry initiatives and regulatory changes which are driving traceability in the food industry across different regions. Spurred by voluntary industry standards, the regulations have evolved to react to food safety incidents, localize food recall, and meet export requirements.
Read More
As CFOs look for ways to fight inflation’s impact on margins, self-service analytics will be a critical tool for driving employee productivity. Companies that invest in productivity and efficiency to fight inflation will outperform those that just increase prices finds Gartner.
Read More
The raging conflict in Eastern Europe has taken a hit on the global ICT market, and the effects of the Russia-Ukraine war will linger for years to come. According to IDC the conflict will generate a loss of worldwide ICT spending worth $5.5 billion in 2022.
Read More
New technologies are becoming available to consumers through innovative connected devices in the home. Multiple brands have released new connected products geared at improving convenience and helping consumers monitor and address daily living challenges.
Read More
By 2026, 65% of B2B sales organizations will transition from intuition-based to data-driven decision making, using technology that unites workflow, data and analytics, according to Gartner, Inc. The market is growing rapidly with the rush to virtual selling due to the pandemic.
Read More
After years of slow but steady growth in limited use cases, virtual reality (VR) is facing a market explosion over the next five years. Consumer interest in VR games and media continues to grow after COVID accelerated activity.
Read More
Despite the proliferation of available smart home devices and services, as well as numerous escalating promotions, the adoption rate for many smart home products has remained consistent over the past few years. Manufacturers and service providers are eager to understand what they must do to make significant gains in sales and revenue.
Read More
U.S. employee annual voluntary turnover is likely to jump nearly 20% this year, from a prepandemic annual average of 31.9 million employees quitting their jobs to 37.4 million quitting in 2022, according to Gartner, Inc. As employees seek to take advantage of new hybrid work arrangements, they are confronting issues of misalignment with leaders and achieving the flexibility they desire.
Read More
As content consumption has risen through the COVID-19 pandemic, consumers have demonstrated a willingness to pay for many ad-free online entertainment services, as evidenced in the significant uptick in subscription revenue throughout 2020-2021.
Read More
Frost & Sullivan’s analysis of the global cloud gaming market, finds that the global video game market is experiencing disruption with the advent of cloud gaming. It allows users to enjoy the latest gaming titles without high-end hardware or downloading the full software on their computers or other devices.
Read More
Trends accelerated by the pandemic have created significant networking and security challenges: the expansion of the remote workforce, an increasing reliance on cloud infrastructure, and the requirement to connect end-users securely everywhere with applications anywhere. Traditional solutions that have rigid wired network underlays and a requirement for on-premises infrastructure cannot adequately deal with these trends.
Read More
One of the biggest challenges determining how live broadcasters utilize and deliver high dynamic range (HDR) to audiences around the world revolves around how to efficiently integrate legacy standard dynamic range (SDR) content in a technically effective and cost-efficient manner. What is needed is a superior fidelity two-way conversion process between SDR and HDR.
Read More