The various categories of Digital Video Headends, and their Gigabit Ethernet components, are on a fast growth track and are expected to surge past $2.6 billion by 2009, reports In-Stat. Compared with indicators from other telecom segments, this segment's projected Compound Annual Growth Rate (CAGR) of 32.3 percent through 2009 is astounding. The report found that Gigabit Ethernet provides fully converged IP networks that are capable of delivering multiple services beyond the "triple play" of video, voice, and high-speed data. Cable TV and IPTV (also known as TelcoTV) services need to extend their brands beyond consumers' TV sets, and new GigE networks create the kind of flexible infrastructure that permits Content to become portable. High Definition TV (HDTV) and On Demand services are complicating bandwidth issues for Cable TV and IPTV services, creating demand for IP video equipment. Emerging opportunities in Europe and Asia will spur growth forward.
Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul