Cloud Services Change Demand for Outsourcing

The global sourcing market is expanding due to the growing demand for cloud-based as-a-service solutions and other digital transformation services, even as the number of billion-dollar deals continues to decline.

via ISG

India is Applying AI Technology via R&D Investment

India wants to become an AI powerhouse. The government announced a National Program on AI to guide research and development. They have already partnered with several leading players to implement AI projects in areas such as agriculture and health.

via World Economic Forum

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.

via IDC

How AI Powered Chatbots will Transform Healthcare

According to the latest worldwide market study by Juniper Research, the annual cost savings derived from the adoption of chatbots in healthcare will reach $3.6 billion globally by 2022 — that’s up from an estimated $2.8 million in 2017.

Source: Digital Lifescapes

Global Mobile Messaging Apps Reach 1.4 Billion People in 2016

By 2019, more than one-quarter of the world’s population will be using mobile messaging apps, according to eMarketer. Mobile phone messaging apps are already used by more than 1.4 billion people in 2016 — that’s a Y-to-Y increase of almost 16 percent.

Source: eMarketer

Public Cloud Services Revenue will Reach $1.3 Billion in India

The overall public cloud services market in India is already predicted to grow by 35.9 percent in 2016, to reach a total of $1.3 billion, according to the latest market study by Gartner.

Source: Digital Lifescapes

Cloud Services Gain Momentum in Asia-Pacific Region

Global cloud computing service providers are well known in China and India, but they’re clearly not alone. According to the latest market study by 451 Research, there are nearly 200 vendors in both nations that are providing cloud services — such as IaaS, PaaS and SaaS.

Source: Digital Lifescapes

How India is Fueling a Huge Tech Start-up Revolution

India has moved to third on the global list, and now has more tech-driven start-ups than Israel and China. Only the United Kingdom and United States stand ahead of it.

Source: World Economic Forum

OTT Video Revenues will Triple in the Asia-Pacific Region

Pay-TV service providers across the globe are responding to the emergence of agile video entertainment competitors. The over-the-top (OTT) television and video service revenues for 17 countries within the Asia-Pacific region will reach $18,396 million in 2021 — that’s up from $5,741 million in 2015.

Source: Digital Lifescapes

Which Nation has the World’s Largest Online Population?

Who will lead the Global Networked Economy? China has the most internet users in the world, with 600 million people online, followed by the United States (270 million), India (190 million) and Japan (110 million).

Source: World Economic Forum