According to ABI Research, it's An Open and Shut Case -- "When the US Congressional Subcommittee on Courts, the Internet and Intellectual property invited testimony from four industry experts, they were considering nothing less than the future of digital rights management in the United States. At issue are proprietary versus open digital rights management (DRM) technologies, and whether governments should get involved. Advocates say that open DRM standards would help the portable industry. Most industry leaders are adopting a government hands off attitude, but ABI believes that other attempts at proprietary DRM schemes probably wouldn't succeed. Apple was the first to offer such a service and the content industry didn't care if their DRM was proprietary. But DRM becomes critical once video, and sharing between STBs and portable devices, become a reality."
Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ