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Creating a Magna Carta for the Global AI Economy

cognitive systems market research

“We stand at a watershed moment for society’s vast, unknown digital future. A powerful technology, artificial intelligence (AI), has emerged from its own ashes, thanks largely to advances in neural networks modeled loosely on the human brain.”

Source: World Economic Forum

Exploring Top Smart City Projects in the United States

smart city market research

Smart City projects have gained momentum over the last decade, as more municipalities across North American have launched a wide variety of digital transformation initiatives. That said, some cities have achieved significant outcomes that enable them to improve services for citizens.

Source: Digital Lifescapes

IoT Security Revenue to Reach $4.4 Billion by 2022

Global spending on IoT security is currently estimated at $703 million for 2017 and forecast to grow at a CAGR of 44 percent over the six-year period to become a $4.4 billion market opportunity by 2022.

Source: IoT Analytics

Digital Transformation Leaders Adopt Open Ecosystems

open innovation market research

IT and business leaders must acknowledge that they’ve likely reached a significant turning point. Business technology advances are disrupting the legacy status quo and bringing huge market turmoil in their wake. Industries are converging, and unfamiliar competitors are surfacing.

Source: Business Technology Roundtable

U.S. Proximity Mobile Payments will Reach $49.29 Billion

mobile payments market research

eMarketer estimates the value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017 — that’s up 78.1% from last year. Though the growth rate will remain in double digits through the forecast period, it will slow down to 23.9% in 2021.

Source: eMarketer

Cognitive Systems Revenue Will Reach a 14.6 Percent CAGR

cognitive systems market research

The global cognitive systems market will witness a massive hike in revenues, reaching $21.46 billion by the end of 2026. Over the 10-year assessment period, the global cognitive systems market will expand at a compound annual growth rate (CAGR) of 14.6 percent.

Source: BriefingWire

Open Innovation is Driven by New IT Hardware and Software

open innovation market research

This new way of creating digital – IT-based – infrastructures has several spearheads: microservices, DevOps and IoT platforms. In this sense, open source is a forerunner, and now a key catalyst of one of the most important axes of digital transformation, open innovation.

Source: PAC – a CXP Company