To understand more clearly how to convert megadeal opportunities into top-line results, companies need to invest to improve data quality, build capabilities in advanced analytics and machine learning, and know how to continuously generate and develop ideas on how to use data to make better decisions.
“Deep learning has been a key point of focus for many companies, given its potential to transform entire industries,” says principal analyst Keith Kirkpatrick. “Current leaders in the deep learning market include Google, Facebook, Microsoft, IBM, Amazon, Baidu, and others.”
Product management is one of the most critical talent pools for any company that is writing software but often does not get the right level of attention. Having a world-class product management function requires a multipronged approach under a holistic talent-management program.
Unaffordable internet is a major contributor to the fact that half the world is unconnected. Lack of connectivity has major negative impacts on a country’s education, health, productivity and growth. Many countries, especially those in emerging economies, tax internet access at a very high level.
Worldwide spending on AR/VR solutions will be led by the commercial sectors, with growth from 64.5% in 2019 to more than 80% in 2022. Industries spending most on AR/VR in 2019 include personal and consumer services ($1.6 billion), retail ($1.56 billion), and discrete manufacturing ($1.54 billion).
The latest applications container market research from 451 Research indicates this market will continue to expand and be worth more than $2.1 billion in 2019 and more than $4.3 billion in 2022 – that’s a compound annual growth rate (CAGR) of 30%.
via 451 Research
Europe is the third largest geography for DX spending, after the United States and China. Four industries will be responsible for nearly 44 percent of the $256 billion in European DX spending in 2019 — discrete manufacturing ($39 billion), process manufacturing ($25 billion), retail ($26 billion), and utilities ($23 billion).