Telecom Network APIs capitalize on existing network infrastructure to create a vast array of business opportunities for carriers worldwide to offer B2B services in a Data as a Service (DaaS) basis, which represents a fast growing revenue stream. The telecom networks API market will grow at a CAGR of 28 % between 2014 and 2019, eventually accounting for $146 Billion in global revenue by the end of 2019.
Organizations that fail to set clear mobility strategies are in grave danger of losing out to the competition, and a complete failure to embrace this new reality will have potentially catastrophic consequences. The convergence of IT and telecommunications that’s enabled by mobility is empowering businesses to virtualize their processes, and thereby increase productivity.
An increasing number of North American businesses are realizing the value of deploying mobile software applications for use by their workers. In fact, in a recent Frost & Sullivan Mobile Applications survey, 73% of respondents reported already having one or more employee-facing mobile applications in place. The bulk of these users – 48% of the total survey sample – have from one to 10 apps deployed to some degree.
via Frost & Sullivan
IT spending by financial institutions in the big four markets of the Middle East and Africa is set for strong year-on-year growth of 10.8% in 2014. CIOs plan to invest in various new technologies over the next two years, with enterprise mobility, big data and private cloud computing proving the most popular. Total IT spending in this space is set to reach $4.3 billion in 2014.
The OpenStack technology market, which is still in the early-adopter stage of market development, will grow from an estimated $883 million in revenue during 2014 to reach $3.3 billion by 2018, as vendors increasingly adopt the open-source platform for developing their applications and enterprises deploy the infrastructure for hybrid cloud services.
That accelerating OpenStack adoption represents a CAGR of 40 percent for the six years ending in 2018.
New study shows that the majority of large and midsize enterprises have reached sufficient levels of Virtualization — and have moved on to the automation, orchestration and private cloud phases. While 32% of entertprises continue to work on virtualization, 54% have entered the next phases in the evolution of cloud-ready internal infrastructure.
via 451 Research
Bare metal switches are the top in-use for SDN-capable switch use case in the data center and are anticipated to account for 31% of total SDN-capable switch revenue by 2018. Infonetics forecasts the real market for Software Defined Networking (SDN) — that is, in-use for SDN Ethernet switches and controllers — will reach $9.5 billion in 2018. Moreover, the adoption of SDN network virtualization overlays (NVOs) is expected to go mainstream by 2018.