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Global Servers Market will Reach $71 billion by 2021

global server market research

The increasing use of Big Data analytics across industries is spurring the need for servers with high processing capabilities. The increasing number of IoT applications also generates massive data, network traffic, and demand for real-time analytics, resulting in the production of new server designs and methods of deploying compute capability.

Source: Technavio

Fourth Industrial Revolution of New Digital Transformations

fourth industrial revolution market research

By 2020, more people will have mobile phones than have electricity or running water in their homes or villages. Cars are becoming intelligent robots on wheels. Factories are automating manufacturing, displacing tens of thousands of workers. Call centres are turning to AI-powered chatbots to manage customer interactions. It’s the Forth Industrial Revolution in action.

Source: World Economic Forum

IoT Predictive Maintenance Revenue will Reach $11 Billion

IOT predictive maintenance market research

IoT Predictive Maintenance will reach a CAGR of 39% during 2016-2022, with annual technology spending reaching $10.96 billion by 2022. That’s based on the Predictive Maintenance related revenue of leading technology companies, across 13 industries and 7 technology areas.

Source: IoT Analytics

Hyperscale Cloud Providers Invest $16.9 Billion in 2016

hyperscale cloud service market research

Consumer demand for cloud-based services drive investment in data centers. Across the globe, the largest consumer cloud service providers continue to add more and more capabilities to expand their offerings, thereby making it very difficult for the remaining me-too providers to compete with them.

Source: Digital Lifescapes

Huge Upside for Internet of Things in the Retail Sector

internet of things market research

The outlook for retailers have changed dramatically over the last few decades. This sector of the economy has shifted from a cash-driven, supply-driven industry to one that is very digitally-focused. The Internet has transformed retail. Where competition is most intense, innovation and market disruption are ongoing.

Source: Digital Lifescapes

Why Digital Growth is Often Limited by Legacy IT Culture

digital growth market research

Rapid development of technology is leading 57% to rethink business models, while 49% say that company culture has changed as a direct result of digital.  Legacy systems are holding back progress for 50%, and the old organizational structure is a thorn in the side for 38%, according to a Nimbus Ninety market study.

Source: Nimbus Ninety

Fintech Trends – The End of Legacy Marketing at Banks

Fintech market research

Artificial Intelligence (AI) and machine learning will improve financial service sales and marketing by enabling processes and communication without continuous direction. The addition of voice-first communication systems could eliminate much of the power of ‘push marketing’.

Source: The Financial Brand