CBS News announced plans to launch 24-hour, multi-platform digital news network, bypassing cable television in favor of broadband distribution. The company said its strategy is to move from a primarily television and radio news-based operation to a 24-hour, on-demand news service, available across many platforms. The new CBSNews.com will feature an on-page video player showcasing the free broadband video, including over 25,000 clips -- and video yet to be broadcast on the network. CBS said its projections indicate that homes connected to broadband will equal or surpass homes serviced by cable and satellite by 2010. "This major expansion of CBSNews.com is designed to capture an audience that is increasingly looking for news and information at all times of the day, not just during scheduled periods, and using the Internet for that purpose," said Larry Kramer, President, CBS Digital Media. The new CBSNews.com site will also feature the debut of "Public Eye," a blog aimed at creating a candid and robust dialogue between CBS News journalists and the public.
Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth