Spending on robotics solutions is expected to total $86.6 billion in 2018 and will account for more than 85 percent of all spending throughout the five-year forecast. Industrial robotic solutions will account for the largest share of robotics spending (more than 57 percent), followed by service robots and consumer robots.
85 percent of banks have digital transformation implementation as a priority for 2018, driven by the need to find efficient ways to address challenges in the industry such as cost pressures, eroding top lines, uncertainty and instability in the geopolitical environment and decreasing customer satisfaction. But strategy execution is a challenge.
via Everest Group
China will account for 64.2% of the overall spending ($187.3 billion) in Asia-Pacific region in 2018. Adoption of IoT technology in other countries are also steadily gaining ground, with South Korea and India accounting for 9.8% and 8.8% share respectively.
The future of both blockchain and the digital economy is still undetermined; however, the technology is evolving quickly and so far it is clear that there are compelling use cases for the mining, metals and connected value chains.
“While we remain bullish on the overall public cloud opportunity, we see an increasing number of companies confronting the realities and challenges of migrating workloads and re-platforming apps,” the Goldman Sachs report said.
via CIO Journal