Technology News From The Philippines
The country’s GDP by 2024 stands to gain between $26 to $28 billion with the digitalization of Filipino small and medium enterprises, according to the 2020 Asia Pacific SMB Digital Maturity study commissioned by networking hardware maker Cisco.
In total, 353.6 million smartphones were shipped during 3Q20 and while the market declined, the results were stronger than IDC’s previous forecast of a 9% year-over-year decline.
Most of the cloud budgets are being allocated to hybrid cloud platforms even as their public cloud spend is set to reduce from 53 percent share today to 43 percent by 2023.
With many transport authorities reporting a ridership disaster and transport networks limiting the use or significantly reducing capacity to reduce the risk of Covid-19 transmission, the contactless ticketing market has seen a considerable slump in 2020.
As a result, there is a clamor for dedicated meeting technology. The most requested by participants are a high-quality headset, a digital meeting assistant to capture notes and action items, and digital whiteboards.
Analytics software firm Fico has released a new survey which found that the complexity and cost of validating the identity of digital banking customers are the top pain points for banks in the Philippines.
The levels of piracy went as high as 53% within the 25-34 age demographic.
The entire biometrics market, however, will regain momentum in 2021 and is expected to reach approximately $40 billion in total revenues by 2025.
