Analyst firm ABI Research said it believes that the pandemic will alert enterprises to the importance of disruption-proofing their businesses using 5G and forecasts an Asia Pacific 5G digital factory market worth over $60 billion by 2030.
The value of data is increasing, and that value is stimulating the Internet of Things (IoT) Advanced Analytics Market, with the emergence of accessible out-of-the-box and off-the-shelf machine learning (ML) and artificial intelligence (AI) solutions.
A new study from communications equipment maker Poly has revealed that the workplace is slowly shifting to the quality of work outcomes ever since organizations started to rethink and redesign their operational models.
A combination of technology maturity, consumer popularity, familiarity with contactless payments, and the unique external phenomena of Covid-19 is accelerating today’s market adoption of contactless technologies.
While the recent surge in PC and tablet demand still has some legs, research firm IDC said it expects the market to decline in 2021 as businesses and consumers continue to deal with the economy uncertainty brought on by the pandemic.
On a positive note, IDC said it expects the smartphone market will return to a full recovery by 2022, largely driven by the assumption that smartphones will continue to be the computing platform of choice for most of the world.
The Covid-19 pandemic continues to bring a host of challenges to most vendors, especially those whose manufacturing sites are in China and neighboring countries, including the Philippines and Indonesia.
In the Philippines, 100 percent of banks said they will continue to invest in compliance in the year ahead and 41 percent plan to significantly increase this investment in 2021.
Worldwide spending on artificial intelligence (AI) is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024.