According to Forbes, Google released a new instant messaging and voice chat program, ending months of speculation over whether the search giant would enter the heated IM market. The company hasn't said how it might generate revenue from these services, which have been offered for years by competitors. But Google�s new services hint at a much larger company strategy to launch headlong into telecommunications. In the future, Google's new IM service, called Google Talk, could go a step further than competing services, allowing users to make and receive calls to the public telephone network; it would not only set the program apart from rivals but provide new revenue streams for the company. Google could sell calling-minutes to customers, who would pay for the ability to make cheap calls over the Internet. Many of the company's recent moves support a major push by Google into telephony, including rumors that the company has already purchased unused fiber optic cables across the U.S. Google's kept quiet about whether it is buying fiber, but in January the company posted a job listing on its site looking for candidates with experience in "identification, selection and negotiation of dark fiber contracts both in metropolitan areas and over long distances as part of development of a global backbone network." In July, Current Communications Group announced that it had landed a $100 million investment from Google, Goldman Sachs and The Hearst Corporation to develop broadband over power-line technologies, which would deliver high-speed Internet connections to homes over electrical wires. Those investments would pay off if the company plans to handle large amounts of voice traffic. Google engineers have also been spotted attending a number of Internet telephony-centric conferences.
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