How new use cases for artificial intelligence are driving demand – with telecoms at the heart of it

There's been a significant increase in enterprise investment on technologies that analyse, organise, access, and provide advisory services that are based on use cases for unstructured data. In fact, worldwide spending on cognitive and artificial intelligence (AI) systems will reach $19.1 billion in 2018 - that's an increase of 54.2 percent over the amount spent in 2017.

With industries investing aggressively in projects that utilise cognitive and AI software capabilities, International Data...

By David H. Deans, 27 March 2018, 0 comments. Categories: Apps, Cloud, Disruption.

How demand for IoT data security solutions is gaining momentum

Internet of Things (IoT) technology deployments have increased across the globe, as more CIOs and CTOs explore new commercial applications. However, many organizations continue to seek IoT solutions that include comprehensive data protection capabilities.

Security continues to be a major concern for IT professionals when deploying IoT projects within their organizations, according to the latest worldwide market study by 451 Research.

When asked to rank which technologies or processes their organizations...

By David H. Deans, 22 March 2018, 0 comments. Categories: IoT, Networks, Security.

Why the mobility solutions market will reach $1.7 trillion in 2021

Worldwide spending on mobility solutions is forecast to grow 3.2 percent year over year in 2018, reaching more than $1.6 trillion, according to the latest worldwide market study by International Data Corporation (IDC).

This growth is expected to continue through 2021 with investment on mobility-related hardware, software, and services surpassing $1.7 trillion as the market achieves a five-year compound annual growth rate (CAGR) of 2.8 percent.

"The new mobility use cases and technology adoption in enterprises is...

By David H. Deans, 16 March 2018, 0 comments. Categories: Devices, Mobile, Research.

How smart city investments will reach $135 billion in 2021

Around the globe, metropolitan and suburban municipalities continue to explore digital transformation projects. Emerging technology spending for smart city applications is forecast to reach $80 billion in 2018, according to the latest worldwide market study by International Data Corporation (IDC).

IDC has provided a detailed look at the technology investments associated with a range of smart city priorities and use cases. As these initiatives gain traction, IDC expects spending to accelerate over the...

By David H. Deans, 05 March 2018, 0 comments. Categories: IoT, Smart Cities.

How alternative online payment technology continues to gain momentum

Across the globe, eRetail is now the mainstream -- with well over half of all adults making purchases for products and services online, increasingly from their mobile devices.

Meanwhile, traditional bricks and mortar retailers have had to incorporate digital channels into their offerings. Unfortunately for the retailer, there are numerous steps during the online shopping experience where the shopper may abandon their journey to payment.

Online payments market development

The value of spending on remote...

By David H. Deans, 05 March 2018, 1 comment. Categories: Apps, Devices, Disruption.

How collaborative robotics revenue will reach $1.23 billion

While we continue to see reports about the growing fear of job loss due to robotics in the workplace, more industry analyst reports shed light on the apparent upside opportunities for vendors. ABI Research identified 'collaborative robotics' as one of the fastest growing market segments.

Small-to-Medium Businesses (SMBs) are driving the increased demand for these collaborative robots, as 'cobots' provide solutions that allow for a more flexible kind of manufacturing that makes no assumptions...

By David H. Deans, 02 March 2018, 0 comments. Categories: Disruption, Machine Learning.

Technology, media and telecom trends for 2017: Deals and media outlook

Last year may be remembered for many years to come, for a variety of reasons, including significant market transactions. Mergermarket, an Acuris company, has released its global mergers and acquisitions (M&A) roundup report of the Technology, Media and Telecom (TMT) sector for the whole year.

In 2017, global dealmaking in the TMT sector saw 3,389 deals worth a combined $498.2 billion. Although total deal value fell 26.3 percent compared to the $676.3 billion tallied...

By David H. Deans, 22 February 2018, 0 comments. Categories: Broadcast, Content, Entertainment, Research.

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, 1 comment. 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.