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.
The report, which was conducted by analyst firm IDC for tech giant Lenovo, noted that many educational institutions felt that the mass migration into distributed, online learning during the pandemic was launched very quickly, without the opportunity for change management processes and operational best practices.
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26% year over year in 2019 with revenues totaling $233.4 billion, according to research firm IDC.
With the push for developments in fields such as autonomous driving, intelligent transport systems, and smart cities, the digital map ecosystem has seen an increase in partnerships to accelerate growth in each of these fields.
Blockchain-as-a-Service (BaaS) is a type of cloud-based solution for the development of blockchain applications that serves as a launchpad for broader blockchain technology adoption.
A report from analyst firm Canalys identified Vivo as the top smartphone brand in the Philippines with a 21% market share in the second quarter of 2020.
