IDC projects public cloud services will reach $219.3 billion by 2027, with the Asia/Pacific region experiencing significant growth in public cloud services and software investments, investing heavily in cloud-based software, data analytics tools, and AI platforms to optimize operations, enhance customer experiences, and gain valuable insights.
Read MoreBusiness executives attend global conferences to learn from real case studies and to network with peers, according to a poll by Everest Group. The agenda for Everest Group Engage aims to meet these objectives and provide impactful insights to attendees.
Read MoreBy 2025, global IoT adoption is expected to peak, potentially generating $4-11 trillion in economic value. However, this surge in IoT devices also brings security risks, leading to a rise in global IoT attacks. While IoT networks empower enterprises, the market is not fully prepared to invest in IoT security.
Read MoreAI PC shipments are forecasted to reach 22% of the total PC shipments in 2024, and by the end of 2026, 100% of enterprise PC purchases will be AI PCs. AI PCs include a neural processing unit (NPU), enabling AI PCs to run longer, quieter, and cooler and have AI tasks running continually in the background, creating new opportunities to leverage AI in everyday activities.
Read MoreAccording to a recent report by BCG, women are keeping up with or even slightly outpacing men in adopting GenAI in the workplace. The report, based on a global survey of over 6,500 employees in the technology industry, suggests that GenAI presents an opportunity to reduce the gender gap in tech.
Read MoreNew research from Bain & Company finds only 24% of companies are prepared for upcoming sustainability reporting requirements. Nearly 90% of companies surveyed agree digital technology improvements are crucial for their sustainability goals. Still, most are not taking the required actions - but are under pressure to anticipate additional reporting requirements as the global regulatory landscape rapidly changes.
Read MoreThe growing IT skills shortage is impacting organizations worldwide, leading to missed revenue growth, quality problems, and decreased customer satisfaction. By 2026, over 90% of organizations are expected to experience this crisis, resulting in an estimated $5.5 trillion in losses.
Read MoreRecent findings from Gartner show that CFOs should prioritize cybersecurity investments for defensible performance and outcomes. Executives must develop a cybersecurity posture they can defend to stakeholders, treating it as a business investment.
Read MoreAdeia Inc. announced that its CTO, Serhad Doken, will join a panel on streaming media sustainability at the Streaming Media NYC conference on May 22. Executives will discuss reducing the carbon footprint of the media and entertainment technology supply chain.
Read MoreAccording to a survey by Protiviti and the University of Oxford, global business leaders expect their government to positively impact their companies' success over the next decade. Emerging technology, such as AI and blockchain, will require government regulation, with 82% of executives anticipating a role in addressing these issues.
Read MoreThe global asset management industry rebounded in 2023, with total assets under management (AuM) reaching nearly $120 trillion, a 12% increase from 2022. However, industry revenues only grew by 0.2%, while costs rose by 4.3%, leading to an 8.1% decline in profits. According to a recent report from BCG, asset managers need to leverage artificial intelligence and focus on enhancing productivity and product personalization to remain competitive.
Read MoreNew research from Forrester highlights the need for B2B firms to undergo a complete revenue process transformation to adapt to changing buyer behaviors and expectations. The research emphasizes the importance of aligning marketing, sales, and customer success functions to prioritize the customer and create meaningful interactions.
Read MoreA new report from Gartner identifies five tech trends that will transform government operations by 2024: adaptive security, digital identity, AI, digital platforms, and programmatic data. IT plays a pivotal role in driving government transformation by modernizing operations and meeting citizens' needs.
Read MoreData enrichment can help B2B companies leverage their data to uncover insights and drive growth. With enriched data, businesses can target customers more precisely, personalize marketing campaigns, refine product lines, and explore new avenues for growth. However, data enrichment poses challenges such as data silos, outdated methods, overlooking external data, lack of clear strategy and objectives.
Read MoreUnderstanding the nuances of utilizing reviews effectively emerges as a crucial facet for prospective buyers who seek to navigate the complexities of the ERP selection process. A recent G2 study sheds light on the advantages and challenges associated with leveraging software reviews in the ERP procurement journey.
Read MoreThe Versatile Video Coding (VVC) community is exploring new ways to optimize the efficacy of film grain to accomplish creative objectives and overcome technical limitations in digital video. Dolby and InterDigital are researching how VVC can improve the entertainment technology sector and deliver compelling visual experiences to audiences.
Read MoreGlobal spending on Telecom and Pay TV Services reached $1,509 billion in 2023, up 2.1% from 2022. IDC predicts a 1.4% growth in 2024 to reach $1,530 billion. The market slowed due to economic factors in the Americas, but telecom operators' tariff increases led to faster-than-expected growth in the EMEA region. However, these tariff adjustments also resulted in customers migrating to cheaper packages, limiting actual value growth.
Read MoreFlexProfessionals CEO Gwenn Rosener notes the cautious approach of small and medium businesses toward post-COVID-19 labor market trends. Their inaugural edition of the FLX-100 Index indicates a shift towards flexible hiring practices, such as part-time and hybrid work arrangements, which is essential for smaller businesses to compete with larger corporations for talent.
Read MoreThe latest SEC ruling on cybersecurity will almost certainly have an impact on risk management and post-incident disclosure, and CISOs will need to map this to their specific environments and tooling. The new SEC ruling requires disclosure following an incident at a publicly traded company — and should come as no surprise to any organization already dealing with data protection legislation, such as the GDPR in Europe or California’s CCPA.
Read MoreA new report from Kearney finds 70% of business leaders expect AI disruption in the next 5 years, but only 20% feel prepared. Limited resources are cited as the primary reason. Additionally, a lack of understanding about AI from leaders is also contributing to the problem.
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