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COVID-19 is Accelerating Retailer Digital Transformation

COVID-19 is Accelerating Retailer Digital Transformation

According to the latest worldwide market study by Juniper Research, the value of transactions processed by smart checkout technologies, where the fixed checkout process is replaced by a friction-less model, will reach $387 billion in 2025 — that’s up from just $2 billion in 2020.

via Digital Lifescapes

Why CFOs Fund ‘Remote Work’ IT Infrastructure

Why CFOs Fund Remote Work IT Infrastructure

“Flexible work is an essential component of the future of business, and it seems that it’s here to stay. 72% of CFOs believe that work flexibility will make their company better in the long run. This drives home the urgent need to bolster remote work capabilities — enabling employees to work from wherever they want, whenever they want.”

via Visual Capitalist

Leading a Quantum Leap for Digital Transformation

Leading a Quantum Leap for Digital Transformation

A new study finds companies have accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years. And the share of digital or digitally enabled products in their portfolios has accelerated by a shocking seven years.

via McKinsey

Public Cloud Services Revenue Reached $233.4B

Public Cloud Services Revenue Reached $233.4B

The COVID-19 pandemic has accelerated the Digital Transformation trends. Savvy CIOs and CTOs that were an early adopter of public cloud computing technologies now have a significant strategic market lead over their competitors. Moreover, a few dominant IT platform providers continue to benefit from this trend.

via Digital Lifescapes

How Secure SD-WAN Enables Improved Remote Working

Secure SD-WAN Enables Improved Remote Working

“We have seen significant growth in the deployment of WFH devices, which has led to growing PC sales as well as investment in new secure connectivity like SD-WAN at scale to offer improved connectivity to the office as well as flexibility that VPN isn’t as well suited for.”

via Futurum

How Smart IoT Gateways will Transform Security

Smart IoT Gateways will Transform Security

A multitude of new devices have been connected to the Internet already this year, and many more will connect in the coming weeks and months. That said, the Internet of Things (IoT) gateway has become an important link in the IoT security and device authentication value chain.

via Digital Lifescapes

Hybrid Learning: Why Remote Teaching Will Evolve

Hybrid Learning: Why Remote Teaching Will Evolve

“Many school systems are looking at hybrid solutions for learning this year, where part of the week or school day is completed online while part is completed in school. For this to work, schools’ online learning systems need to allow for seamless integration of in-person schooling, to make sure that students aren’t falling behind when online.”

via CB Insights

U.S. Demand for Computer Science Education

U.S. Demand for Computer Science Education

There is a great and unmet need for computer science education in schools so that students learn the skills necessary to excel in their future workplaces. All stakeholders express a desire for more and better computer science learning opportunities, suggesting that expanded programs could help prepare today’s students for the future economy.

via Gallup

Artificial Intelligence and Robotics Economic Impact

Artificial Intelligence and Robotics Economic Impact

Artificial intelligence and robotics are growing fast. Globally there are now 113 installed industrial robots per 10,000 employees in the manufacturing sector — that’s an increase from 74 just four years ago. South Korea leads, with 855 installed robots per 10,000 employees.

via World Economic Forum

B2B Payments Processed by Fintech will Reach 53 Billion

B2B Payments Processed by Fintech will Reach 53 Billion

According to the latest worldwide market study by Juniper Research, the volume of B2B payments facilitated by non-banks will exceed 53 billion in 2022 — that’s up from a COVID-related low of 38 billion in 2020; representing 42 percent growth.

via Digital Lifescapes