Archive by Author | David H Deans

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

Ecosystems: the Next Evolution of Digital Transformation

ecosystem digital transformation market research

A new type of commercial infrastructure needs to be built that reshapes business, according to the latest market study by Gartner. Moreover, they believe that enterprise CIOs are the builders of this infrastructure, which Gartner calls the “civilization infrastructure” for the next decade.

Source: Digital Lifescapes

The New Megadigital Economy

megadigital transformation market research

“Our forecast shows that industries adopting this new infrastructure will add $1.2 trillion to $1.8 trillion to U.S. GDP from 2015 to 2025. Most of this will occur between 2020 to 2025. We estimate that the adoption of software-defined infrastructure is likely to add $907 billion to $1.4 trillion to U.S. GDP.”

Source: ONUG

OpenStack Gains Momentum within the Telecom Sector

OpenStack telecom market research

Informed telecommunications service providers have reduced their infrastructure cost and improved their development agility by adopting open source software.  According to findings from a recent survey, 85.8 percent of telecom industry respondents consider OpenStack to be essential or important to their success.

Source: Digital Lifescapes

Ongoing Digital Transformation Skills Gap Hampers Progress

digital transformation market research

Data analytics skills needed to create new products and services from mobile, social and information obtained from customer interactions are especially hard to find, said Andy Rowsell-Jones. Gartner released survey results from 2,598 CIOs and other executives in 93 countries.

Source: CIO Journal