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Showing posts from March, 2022

Digital Transformation Adoption in Asia-Pacific Region

Forward-looking leaders across the globe continue to apply digital transformation strategies for competitive advantage. The latest release of a regional IDC market study reveals that the recent acceleration in digital investments sets Asia-Pacific ahead of the rest of the world. Investments in new technologies such as artificial intelligence (AI), robotics, Internet of Things (IoT),  Augmented Reality (AR), Virtual Reality (VR), and blockchain are expected to contribute close to 40 percent of total ICT investments by the end of the forecast period from around 30 percent in 2020. Digital Transformation Market Development Compared to other regions in the world, this Asia-Pacific upside opportunity is the highest and represents close to 18 percent growth in dollar terms during the IDC forecast period of 2020-2025. "The pandemic induced digital-first shift in the region led to increased investments in new technologies and will continue to do so in the foreseeable future," says Vi...

Global Telecom Infrastructure Sustainability Trends

Climate change is top of mind within many boardrooms, as executive leaders consider how to react to the predictable new government mandates. Some organizations around the globe have already created climate-related targets for reaching net-zero carbon emissions, including forward-looking telecom service providers. "These telco operators are at the intersection of communications and information technology, putting them in a unique position to offer connectivity and technological solutions that are not only lowering their own carbon emissions but also the emissions of their customers," said Kim Johnson, principal analyst at ABI Research . Telecom Infrastructure Sustainability Market Development Each of the market leaders has transitioned to using more than 50 percent renewable energy for global purchased electricity, and two have reached 100 percent penetration. The use of renewable energy has reduced the leaders’ total carbon emissions by 8.4 million metric tons of carbon dioxi...

Information Technology Security & Risk Management

Savvy enterprise security and risk management leaders will continue to protect their organizations against new and emerging threats in 2022 and beyond, according to the latest global market study findings by Gartner. "Organizations worldwide are facing sophisticated ransomware, attacks on the digital supply chain and deeply embedded vulnerabilities," said Peter Firstbrook, vice president at Gartner . The pandemic accelerated remote work adoption, challenging the Chief Information Security Officer (CISO) to secure the distributed workforce -- while dealing with a shortage of skilled IT security staff. These big challenges create three overarching trends impacting cybersecurity practices: new responses to sophisticated threats; the evolution and reframing of an IT security practice; and rethinking business technology protection. IT Security and Risk Apps Market Development According to the Gartner assessment, the following IT security and risk-related issues will have a signifi...

OEM Pay is Redefining eCommerce Transformation

Today's electronic commerce is an engine of the world’s Global Networked Economy. It experienced an uplift in 2020 and 2021 as a result of the disruption created by the COVID-19 pandemic. Meanwhile, business and consumer online transactions contributed to significantly greater growth momentum. According to a survey by The Economist, brick-and-mortar retailers have shifted rapidly to eCommerce. However, many traditional retailers are still recovering from the backlash of the ongoing pandemic. eCommerce Payment Market Development Juniper Research's latest market study has found the volume of global eCommerce transactions made via OEM Pay will exceed 30.7 billion by 2026 -- that's rising from 4.7 billion transactions in 2022. This outstanding market growth of 550 percent will be driven by rapidly increasing customer demands of frictionless retail checkout experiences across multiple eCommerce channels. Juniper's new research findings predicted that OEM Pays will benefit, ...

Medical 'Care Anywhere' Hybrid Solution Trends

Almost one-third of the healthcare organizations in the Asia-Pacific region are well aligned with their ecosystem, according to the latest market study by International Data Corporation (IDC). However, sustainability lies in effectively handling the challenges of healthcare organizations, by sensing the future technological trends. IDC recently released its Asia-Pacific market outlook. The predictions provide the Digital Health trends in the region -- enabling healthcare organizations to be proactive, instead of merely being reactive. The study emphasizes a rapid shift from hospital-centric to patient-centric care delivery. Widespread deployment of Telehealth services led consumers in the region to look at integrated (hybrid) care.  Medical 'Care Anywhere' Market Development Although digital front door strategy plays a critical role across the care continuum, a combination of physical and digital access -- while defining and designing hybrid integrated care -- must be ensured f...

Enterprise 5G Private Network Growth Trends

New wireless network technology is already a fundamental component of every enterprise CIO or CTO agenda in 2022. However, IT vendors and telecom providers must assess the broader enterprise connectivity technology landscape in order to determine where private cellular networks will add value. According to the latest worldwide market study by ABI Research, the overall market for private cellular networks within enterprise industry verticals will reach $109 billion by 2030. This includes radio access network (RAN), edge networks, core network deployments, as well as vendor professional services revenues, which alone will contribute $47 billion (44 percent) to the overall market size in 2030. Private Cellular Network Market Development "These numbers essentially tell two stories," said Leo Gergs, senior analyst at ABI Research . "The first is that they illustrate the immense opportunity for cellular connectivity within enterprise verticals. The second is that the high perc...

Cloud Shift: Total Enterprise IT Market Disruption

Much has been written about the ongoing rise of public cloud computing across the globe, as more senior business leaders choose to deemphasize investment in on-premises IT infrastructure within traditional data centers. How did this happen, and what did enterprise CIOs and CTOs learn from this transition? Well, this transition was inevitable. Legacy IT organizations could have focused more on the Line of Business leader's desired business outcomes that investment makes possible, rather than the technical features and functions of IT solutions. Of course, the same could be said for legacy IT vendors. Some learned, the hard way, that terms like "Shadow IT" and "Rogue Users" were the wrong way to refer to and respond to the initial adoption of unsanctioned Software-as-a-Service (SaaS) offerings. They also learned that upskilling IT staff to speak the language of business is now mandatory.  So, here we are at this point in time. What happens next is predictable (e.g...

Edge Computing Helps to Drive IoT Apps Growth

Today's cellular Internet of Things (IoT) services enable an upside opportunity for mobile network operators to leverage their infrastructure for a new revenue stream. This is most likely with 5G service launches, which were featured at MWC this week. According to the latest worldwide market study by Juniper Research, the global value of the cellular IoT market will reach $61 billion by 2026 -- that's rising from $31 billion in 2022. 5G IoT Apps Market Development The Juniper study identified the growth of 5G infrastructure and cellular Low-Power Wide Area (LPWA) technologies as key to this 95 percent increase in growth over the next four years. The new study findings also expect carrier billing spend on content bundling to enable operators to further recoup investments into 5G by charging a premium to facilitate high-quality digital video and online game streaming over 5G cellular networks. According to the Juniper assessment, in order to pursue this new opportunity, mobile ne...