“Digital transformation is a key driver of BDA spending with executive-level initiatives resulting in deep assessments of current business practices and demands for better, faster, and more comprehensive access to data and related analytics and insights,” said Dan Vesset, group vice president at IDC.
Three industries will spend the most on security solutions in 2019 — banking, discrete manufacturing, and federal or central government — will invest more than $30 billion combined. Three other industries (process manufacturing, professional services, and telecommunications) will each see spending greater than $6 billion this year.
Non-industrial robots represented 70% of the $39.3 billion robotics market globally. Most of this growth is being driven by new and expanding use cases in segments like agriculture, autonomous vehicles, consumer drones, warehousing, logistics, military and personal assistant robots.
“A product that took 12 to 18 months for a Western company to bring to market might take only four to six weeks within the Shanzhai ecosystem. It was common for Western companies that announced a new gadget to find Shanzhai versions of it on the shelves before they could put it on sale themselves.”
Across the globe, savvy CIOs and CTOs are deploying a wide variety of new technologies to enable their digital strategies. A hybrid IT infrastructure is the norm, where on-premises systems coexist with public cloud service offerings. Together, these ICT platforms create the foundation for an evolving suite of software applications and associated digital business processes.
The Consumer Technology Association records factory sales to dealers of over 300 consumer tech products, software and services in the United States. It predicts that revenue from U.S. tech industry retail sales will reach a record $377 billion in 2018 — that’s a 6% increase over 2017.