Digital Champions: Why Asia-Pacific Gained More Leaders
The interlinked platforms that make up Industry 4.0 represent a new kind of challenge for manufacturers and other technology-intensive companies. With four key business ecosystems, they can make this new world their own.
Cloud Computing Migration Set to Ramp Up in China
Companies in China have been slower to embrace cloud computing, compared to U.S. firms, citing the cost and complexity of workload migrations, as well as added security and regulatory issues, according to a new McKinsey & Co. report.
China Improves Rank in Global Economic Index
In the last few decades, China has made huge progress in science and technology. This new age of innovation has seen the birth of ‘unicorn’ tech companies like media giant Tencent, the ‘Uber of China’ Didi Chuxing, and the world’s biggest drone builder, DJI.
Asia-Pacific IoT will Reach $291.7 Billion in 2018
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.
Asia-Pacific ICT Spending to Exceed $1.5 Trillion in 2021
Digital transformation continues to drive investment. Asia-Pacific region (excluding Japan) information and communications technology (ICT) spending — including new technologies — will reach $1.5 trillion in 2021, according to the latest IDC market study.
Why National Leadership of AI Technology is Strategic
No technological competition seems more pressing than the global struggle for artificial intelligence (AI) superiority. While the U.S. once dominated AI research, China has made it clear in recent years that they are aggressively working to catch up to (and then eclipse) its rival in the West.
Asian Telcos are Leading Global Innovation Investment
In its latest benchmarking study to identify the leaders and laggards in telecom service provider innovation, ABI Research has concluded that Asian telcos are the recognized technology trailblazers, followed by U.S. tier-one service providers, AT&T and Verizon.
Cybersecurity Lessons for 2020 and Beyond
We need to take stock and learn from recent big breaches, writes William Saito, an adviser to the Japanese government. Good cybersecurity has tremendous potential to improve society, business and services we use every day.
Source: World Economic Forum
Retail eCommerce in China will Reach $1.13 Trillion
Retail eCommerce sales in China are expected to reach $1.13 trillion this year, a figure equal to 23.1% of total retail sales. Growth is expected to continue, with eCommerce accounting for 40.8% of all retail sales in China by 2021.
China Leads the Growth of Global Robotics Adoption
Investment in robotic systems and related services will more than double in China, growing from $24.6 billion in 2016 to $59.4 billion in 2020, according to the latest market study by International Data Corporation (IDC).
Source: Digital Lifescapes
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