How Open Banking will Enable Disruptive New Services
According to Juniper Research, the total number of Open Banking users — who share data via Open Banking APIs to access new services — will double between 2019 and 2021; reaching 40 million in 2021, that’s up from 18 million in 2019.
Open IT Ecosystems Drive Better Innovation
“As digitalization progresses, a new trend towards openness has emerged, manifesting itself in topics such as open data, open innovation, and open API. Even the decades-long open-source movement is experiencing an incredible renaissance.”
via PAC
Online Payment Fraud Detection and Prevention Apps
A new market study from Juniper Research has found that spending on online fraud detection and prevention (FDP) solutions will reach $9.3 billion by 2022 — that’s an increase of 22 percent over this year’s anticipated spend.
Source: Digital Lifescapes
How Fintech is Driving the Digital Banking Services Market
While many people now prefer digital banking and online channels, a sizable group still prefer an in-branch experience — particularly when compared with a call to the bank’s customer service center. While this continued to be the case in the past 12 months, it will change as more banks utilize multiple channels.
Source: Digital Lifescapes
New Connected Car Apps Attract IoT Software Developers
ABI Research forecasts more than 143 million operating system (OS) solutions will ship in 2021 to support the software-defined car cockpits, or automotive head units that support cluster displays and in-vehicle infotainment.
Source: Digital Lifescapes
Enable Digital Transformation with Microservices and DevOps
Most companies that are attempting to transform themselves into Digital Businesses are facing challenges with speed of software development. Microservices allow companies to have separate, smaller development teams that can create services to support new products, temporary promotions, new integration, and the ability to scale in the Cloud.
via Lens360
Why Hybrid Cloud Management will Gain Momentum in 2015
IT buyers and cloud computing vendors see “hybrid cloud” differently. While providers focus on interconnections between their own and their partners’ cloud services, IT buyers want to manage all their environments — hosted and on-premises, virtualized and physical, cloud and traditional — as a pool of resources, via a single cloud management tool. Frost & Sullivan says they’ll get their wish in 2015, as more cloud service providers extend their platforms and APIs to include legacy IT environments.
via Frost & Sullivan
Digital Business Innovation in the Emerging API Economy
Application Programming Interfaces (APIs) provide access to software services on a network, and they have existed since the early days of computing. Now they are garnering new attention as Mobility and Cloud make them more important and more accessible. Releasing APIs has become an important marketing strategy for many companies, and their usage is encouraging integration of innumerable online services.
via Lens360
Overall SDN and NFV Market will Reach $11 Billion in 2018
According to Infonetics Research, there is now a significant growth opportunity for the leading vendors that offer NFV and SDN hardware or software that’s ultimately deployed in telecom service provider networks worldwide. To better understand spending in this emerging market, they classified SDN and NFV hardware and software in three distinct categories.
Telecom Network API Market will Reach $146 Billion by 2019
Telecom Network APIs capitalize on existing network infrastructure to create a vast array of business opportunities for carriers worldwide to offer B2B services in a Data as a Service (DaaS) basis, which represents a fast growing revenue stream. The telecom networks API market will grow at a CAGR of 28 % between 2014 and 2019, eventually accounting for $146 Billion in global revenue by the end of 2019.
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