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Internet of Things Platform Market Reaches Maturity

Internet of Things Platform Market Reaches Maturity

CIOs and CTOs report that they continue to explore new internet technology apps. According to Berg Insight, the global market for the Internet of Things (IoT) device management and application enablement platforms reached $1.1 billion in 2017.

via Digital Lifescapes

In-flight Entertainment Revenue will Reach $8.4 Billion

In-flight Entertainment Revenue will Reach $8.4 Billion

According to the latest worldwide market study by Juniper Research, increasing adoption of in-flight entertainment and connectivity systems by airlines and private aircraft operators will drive annual service revenues from an estimated $3.7 billion in 2018 to reach over $8.4 billion by 2023.

via Digital Lifescapes

Optimal Hybrid Cloud Champions Will Lead the Market

Optimal Hybrid Cloud Champions Will Lead the Market

IDC also raised its forecast for total spending on cloud IT infrastructure in 2018 to $57.2 billion with year-over-year growth of 21.3 percent. Let’s consider the key trends that are driving this phenomena. What really matters most, going forward?

via Digital Lifescapes

Evolution of IT Services in the Multi-Cloud Era

Evolution of IT Services in the Multi-Cloud Era

IT services in Q1 grew by 6.7% in Q1 to reach $453 billion, with net profits growing by 19.8% to $41.1 billion. In the year to the end of March total revenues grew by 5.8% to $1.9 trillion and net profits by 11.9% to $183 billion.

via ITCandor

Digital Skills Evolve Without IT Organization Engagement

Digital Skills Evolve Without IT Organization Engagement

As many IT workers develop greater technology skills and apply them to advance their careers, savvy digital workers in non-IT departments believe their CIO is out of touch with their technology needs. The implications are troubling to CEOs.

via Digital Lifescapes

The Quest for Strategic Digital Leadership Skills

Quest for Strategic Digital Leadership Skills

“While they are running digital projects and making progress, they are not making the headway required to achieve the larger goal — to digitally transform the overall organization. In fact, 73% of CIOs say it’s challenging to find the right balance between business innovation and operational excellence.”

via IDC

IoT Technology Spending will Reach $1.2 Trillion in 2022

IoT Technology Spending will Reach $1.2 Trillion in 2022

From a total spending perspective, discrete manufacturing and transportation will each exceed $150 billion in spending in 2022, making these the two largest industries for IoT applications spending.

via Digital Lifescapes