Open Source Foundation Shares OpenStack Progress in 2016

openstack software market research

Many CIOs know they must respond to the growing demand for public cloud services within their organizations. Building a private cloud with on-premises infrastructure is a path to progress, and OpenStack is the software platform.

Source: Digital Lifescapes

Smartwatch Market Demand Fades in Third Quarter 2016

smart watch market research

The worldwide smartwatch market growth slowed in 3Q16, resulting in a year-over-year decline in shipment volumes. According to data from IDC, total smartwatch volumes reached 2.7 million units shipped in 3Q16 — that’s a decrease of 51.6% from the 5.6 million units shipped in 3Q15.

Source: IDC

Technology, Media and Telecom 2016 M&A Deal Update


Technology, Media & Telecommunications (TMT) mergers and acquisitions (M&A) activity has improved in 2016, with deal value experiencing two consecutive quarterly increases, according to the latest worldwide market study by Mergermarket.

Source: Digital Lifescapes

Off-Prem Cloud Service Market will Reach $286 Billion by 2020


Worldwide revenue for off-premises cloud services — including software as a service (SaaS), infrastructure as a service (IaaS), cloud as a service (CaaS) and platform as a service (PaaS) — reached $57 billion in the first half of 2016.¬†SaaS is the top cloud service, with 44% of revenue in H1 2016; CaaS and PaaS have the highest growth rates through 2020.

Source: IHS Markit

How Fintech is Driving the Digital Banking Services Market

fintech mobile banking market research

While many people now prefer digital banking and online channels, a sizable group still prefer an in-branch experience — particularly when compared with a call to the bank’s customer service center. While this continued to be the case in the past 12 months, it will change as more banks utilize multiple channels.

Source: Digital Lifescapes

IT Security Spending will Reach $101.6 Billion in 2020

IT security market research

IT security issues continue to be top-of-mind for many enterprise organizations. Worldwide revenues for security-related hardware, software, and services will grow from $73.7 billion in 2016 to reach $101.6 billion in 2020, according to International Data Corporation (IDC).

Source: Digital Lifescapes

Why Line of Business Leaders Bypass IT Organizations

digital innovation talent market research

“Many CIOs say that talent is a priority, but rank people/workforce as one of their most disliked tasks. However, the ability to anticipate and orchestrate skills and expertise could become a way to characterize CIO success in the future.”

Source: Gartner