Technology innovation is driving a rapid rate of change that has fueled unprecedented value creation, particularly for tech’s biggest winners, while disrupting incumbents in many industries. Major trends that will continue to strengthen in 2018 include e-commerce, cloud computing, digitization, online advertising, big data analytics, and the sharing economy.
Source: T. Rowe Price
“Today over 70% of CIOs have a cloud-first stance. Over the past decade, we’ve seen growing acceptance among enterprise companies in running production and analytics workloads in public cloud infrastructure as a service (IaaS). This interest has fueled a whopping compound growth of 34.6% in IaaS spending between 2013 and 2016.”
“Cognitive systems with high-definition technology can help in determining the world’s most composite data analysis difficulties by entering into the complexity of exploiting the power of big data, machine learning, natural language processing, and automated reasoning technology.”
All brands have a story to tell, but telling it in a way people want to hear can be challenging. Marketers are taking advantage of their ability to use content and ad creative sequentially to present longer, more compelling messages.
“Less than half of marketers are advanced in the core skillsets that are important today, such as content marketing, digital media, and data analysis, so it’s logical many are looking to find new opportunities that can equip them with the skills they need to excel in the future.”
Source: Digital Marketing Magazine
According to a new study, agriculture will be a major market for drones, reaching over $480 million in 2027. Unmanned remote-controlled helicopters have already been spraying rice fields in Japan since early 1990s.
Agile regulation technology (RegTech) solutions are in high demand in the global financial services industry. Financial service organizations are embracing RegTech solutions for enhanced efficiency, proactive compliance, real-time risk monitoring and improved governance.
Source: Digital Lifescapes