Why investment in blockchain applications will triple - according to IDC

Distributed ledger technologies, or blockchain, is gaining momentum across the globe. What's the appeal to apply the new eCommerce related benefits? There's no proprietary owner or administrator. As a result, interest in open blockchain technologies -- such as Hyperledger -- are attracting many new ecosystem participants.

According to the latest global market study by International Data Corporation (IDC), Western Europe will be the second largest region at a worldwide level, starting from around $200...

By David H. Deans, 16 February 2018, 0 comments. Categories: Infrastructure, Innovation, Research.

How 5G mobile services enable new M2M apps

Being first-to-market with the latest wireless infrastructure can help drive local economic development. That said, according to industry analysts, the introduction and deployment of 5G communication services will take a different path to market.

Therefore, mobile network operators cannot rely on previous methods of implementing 4G networks. 5G needs ultra-low latency at the edge. A reduction in network power consumption is also a key requirement.

5G M2M market development

According to the latest worldwide...

By David H. Deans, 08 February 2018, 0 comments. Categories: 5G, Apps, IoT, M2M.

Why blockchain investment will reach $2.1 billion in 2018

Distributed ledger technologies (DLT) will gain new momentum this year. Worldwide spending on blockchain solutions is forecast to reach $2.1 billion in 2018, according to the latest worldwide market study by International Data Corporation (IDC).

The industry analyst expects blockchain investment to grow over the 2016-2021 forecast period with a five-year compound annual growth rate (CAGR) of 81.2 percent -- with total spending to reach $9.2 billion in 2021.

Blockchain application market development

"Interest and...

By David H. Deans, 26 January 2018, 0 comments. Categories: Disruption, Infrastructure.

The future of fintech platforms: Innovation and disruption to come

The latest global fintech market study shows that the insurance segment will drive revenues for platform providers, which is the largest proportion of revenues in 2018. This is based on the vast potential for digital distribution within the traditional insurer industry.

That said, wealth management will also grow rapidly, based on the increasing popularity of intelligent software agents called 'robo-advisors'. As the underlying technology improves, roboadvisors will become increasingly autonomous.

Roboadvisor...

By David H. Deans, 17 January 2018, 0 comments. Categories: Consumers, Content, Customer Service, Machine Learning.

How ‘emotion AI systems’ will transform personal devices

Artificial intelligence (AI) systems are already very sophisticated. Gartner predicts that by 2022, AI-enabled personal devices will know a lot more about that person's emotional state. Moreover, AI is a disruptive force that will reshape the way we interact with many personal devices.

"Emotion AI systems and affective computing are allowing everyday objects to detect, analyze, process and respond to people's emotional states and moods to provide better context and a more personalized experience," said...

By David H. Deans, 11 January 2018, 0 comments. Categories: Apps, Devices, Disruption.

How virtual assistant apps are being adopted by telecom providers

More telecom service providers will invest in emerging technologies that enable them to improve operational productivity via automation, and introduce new capabilities for their customers. Virtual assistant applications are emerging, as telcos start to deploy artificial intelligence (AI) and machine learning (ML).

While the telecom network operators are prioritizing these virtual assistants primarily to improve customer engagements and consequently reduce churn rates, they are also positioning themselves to...

By David H. Deans, 04 January 2018, 0 comments. Categories: Machine Learning, Operators.

Analysing the upside for emerging machine to machine applications

Mobile network service providers are upbeat about their new revenue sources in the future. The emerging Internet of Things (IoT) and Machine-to-Machine (M2M) technologies continue to gain momentum in the Global Networked Economy, as more organizations explore the application possibilities.

Berg Insight released their latest study findings about the market for cellular M2M terminals. About 4.9 million cellular M2M terminals were shipped globally during 2016 - that's an increase of 28 percent from the...

By David H. Deans, 03 January 2018, 0 comments. Categories: Apps, IoT, M2M.

Assessing the ongoing evolution of mobile messaging applications

There has been a significant evolution in the range of use cases for Application to Person (A2P) messaging in recent years. Historically, A2P was used for alerts and as a billing mechanism for simple content and services -- for one-off downloads or actions, and for recurring payments.

The latter use case has declined markedly in the past 5 years, due to a combination of the transition to an app-based economy largely driven by card billing and by regulatory action against fraudsters.

A2P messaging market...

By David H. Deans, 02 January 2018, 0 comments. Categories: Content, Mobile, OTT Services.

How IT spending in EMEA will reach $1 trillion by 2018

IT investment within the Europe, Middle East and Africa (EMEA) region is on track to further growth.  IT spending in EMEA is forecast to reach $1 trillion in 2018 - an increase of 4.9 percent from 2017, according to the latest market study by by Gartner.

In 2017, however, all categories of traditional IT spending in EMEA under-performed the global averages. According to the Gartner assessment, currency effects played a significant part in the weakness during 2017, and will also contribute to the...

By David H. Deans, 22 November 2017, 0 comments. Categories: Cloud, Networks.

How wearable technology is transforming in-store retail

The global retail sector has been greatly impacted by the shift to online eCommerce. That being said, remarkable in-store innovation continues to transform the retailer employee and customer experiences.

Retailers are beginning to use wearable technology to improve processes and customer satisfaction. Retailer wearables provide in-store employees with access to information such as stock levels, as well as to facilitate communication with team members.

This allows shopper requests to be resolved faster and...

By David H. Deans, 15 November 2017, 0 comments. Categories: Customer Service, Devices, IoT.

How AI-powered chatbots will transform healthcare

Digital health revolves around the integration of traditional healthcare systems and newer technologies to improve efficiency, value for money and ultimately patient outcomes. Electronic Health Records (EHR) have been a big part of this evolution, promising universal access to key elements of a patient's medical history.

As many nations have now adopted EHRs, the debate has moved on to what can be done with this data. Interoperability and analytics have become important requirements of healthcare IT...

By David H. Deans, 02 November 2017, 0 comments. Categories: Machine Learning, Marketing, Mobile.

How US utility companies are exploring new digital apps

Digital transformation has begun to impact the industrial sector where maintaining security is a high priority. According to the findings from a recent survey of U.S. based utility companies, 40 percent of respondents believe that data security is the leading barrier to the adoption of new digital technologies.

However, it's clearly a barrier that can be overcome, with 64 percent of large utility organizations expressing a willingness to adopt innovative technologies - such as Internet of Things (IoT),...

By David H. Deans, 17 October 2017, 0 comments. Categories: Apps, Industry, Innovation, IoT.

Why cryptocurrency daily trading is now exceeding $2 billion

Much of the initial interest in cryptocurrencies centered around their potential as alternatives to fiat currencies. Increasingly, however, attention has shifted to the potential of the technology that underpins them: blockchain.

A clear indication of blockchain’s increasing maturity is the extent to which an industry that was once the preserve of fintech start-ups is now being driven by leading IT platform providers -- many of whom are developing their own offerings.

Blockchain market development

A...

By David H. Deans, 19 September 2017, 0 comments. Categories: Apps, Industry, Infrastructure, Innovation.

Exploring top smart city projects in the United States

Smart city projects have gained momentum over the last decade, as more municipalities across North America have launched a wide variety of digital transformation initiatives. That said, some cities have achieved significant outcomes that enable them to improve services for citizens.

Los Angeles, New York and Chicago are the smartest cities in the United States, according to the latest market study by ABI Research. Cities were evaluated across various metrics such as deployment of LED streetlights, smart...

By David H. Deans, 11 September 2017, 0 comments. Categories: IoT, Smart Cities.

The upside for network function virtualisation apps in Asia

Telecom service providers in the Asia-Pacific region are actively virtualising their network architecture. A flurry of new applications development is driven by open source communities - such as OPNFV and ONAP - as well as from individual efforts by telcos.

According to the latest market study by ABI Research, the network function virtualization (NFV) market in the Asia-Pacific region will grow to $9.24 billion in 2022.

NFV market development in Asia Pacific

Japan is the largest single market within the...

By David H. Deans, 25 August 2017, 0 comments. Categories: Asia, Networks, NFV.

Why virtual reality apps are gaining momentum in the B2B space

Expect to see more announcements about business video applications for new emerging technologies, throughout the remainder of 2017 and beyond. This growth will span across numerous industries.

Virtual reality (VR) is often viewed through the lens of consumer-driven gaming, but in a recent B2B technology survey of 455 U.S.-based companies across nine vertical markets, ABI Research finds that while only 4 percent of respondents have VR in operation, 85 percent are at least in the stages of early...

By David H. Deans, 18 August 2017, 0 comments. Categories: Apps, Content, Entertainment.

The technology, media and telecom 2017 M&A deal update

U.S. West Coast technology companies are expected to remain the driving targets for M&A transactions in the TMT sector. Bidders are likely to come from American firms across the country, plus from Europe, Asia, and Canada.

Though a return to huge mega-mergers are not anticipated this year, given the continued uncertainty in the political environment, software companies are still heavily sought-after assets, with deal volume expected to gain new momentum.

Moreover, growing concern about cyberattacks led to...

By David H. Deans, 28 July 2017, 0 comments. Categories: Content, Entertainment, Security.

Analysing the disruption in the worldwide mobile roaming sector

(c)iStock.com/digitalgenetics

Telecom network operator revenues from international mobile roaming are expected to experience an 11 percent decline in 2017, as service providers introduce ‘Roam Like at Home’ packages in key markets - including Europe, North America and Asia-Pacific.

‘Roam Like at Home’ enables mobile users to utilise their monthly voice, data, and messaging allowance while roaming on other service provider networks, without incurring additional charges.

Implications for...

By David H. Deans, 25 July 2017, 0 comments. Categories: Europe, Networks, Operators.

Exploring the online payment fraud prevention market

The convenience and global reach made possible by online channels has led to the development of a broad set of digital eCommerce services. However, the accessibility of the Internet and the ability to commit fraud remotely creates an environment for cyber criminals to prosper.

Meanwhile, the potential attack surface for miscreants is enormous -- about 94 billion transactions were made for remote goods purchases in 2016, which is only a fraction of the total eCommerce landscape.

That said, advanced security...

By David H. Deans, 27 June 2017, 0 comments. Categories: Customer Service, Mobile, Security.

Cisco Visual Networking Index: How digital transformation is fuelled by disruptive innovations

What is disruptive innovation, and why does it matter to leaders in the C-suite? It's how the savvy non-conformist will target market opportunities. How does this happen, when established companies seem to have the advantage? Creative software developers can quickly apply new technologies and digital business models to capture untapped demand.

Moreover, the most disruptive new companies will eventually reshape entire industries, swiftly pushing aside the legacy incumbent players - it's a form of Digital...

By David H. Deans, 14 June 2017, 0 comments. Categories: M2M, Networks.