Tag Archive | software

IoT Packaged Solutions and Services Market Momentum

internet of things market research

Nearly all segments of the Internet of Things (IoT) market recorded double-digit growth in the fourth quarter of 2016 (4Q16), driving an overall 19.3 percent year-to-year revenue gain to $8.2 billion, according to the latest study by Technology Business Research (TBR).

Source: Digital Lifescapes

Financial Service RegTech Revenue will Reach $6.45B

Financial Services RegTech market research

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

Worldwide IT Revenue will Reach $3.5 Trillion in 2017

IT spending 2017 forecast

Worldwide IT spending is projected to total $3.5 trillion in 2017 — that’s a 1.4 percent increase from 2016, according to the latest market study by Gartner. That said, this growth rate is down from the previous quarter’s forecast of 2.7 percent, due in part to the rising value of the U.S. dollar.

Source: Digital Lifescapes

Mobile App Usage is Much More Focused in U.S. Market

US mobile app market research

In 2017, according to the latest study, the average U.S. adult will spend 2 hours, 25 minutes per day using mobile apps — that’s a jump of 10.3% over last year, and slightly higher than previously forecast.

Source: eMarketer

Chatbots on Mobiles will Reach 2 Billion Apps by 2021

mobile chatbot market research

Juniper Research forecasts that OTT messaging applications — such as WhatsApp and WeChat — will see adoption grow from 2.3 billion unique users in 2016 to 4.2 billion by 2021, representing a growth of over 12 percent compound annual growth rate (CAGR).

Source: Digital Lifescapes

Cognitive Systems Cross-Industry Apps Gain Momentum

cognitive systems market research

Cognitive Systems can extract value from all types of data — including unstructured data — within new platforms that can learn at scale, reason with purpose and interact with humans via natural language.

Source: Digital Lifescapes

How Cognitive HPC Platforms Transform Big Data Analytics

big20data20analytics

There’s an explosion of data being created by a variety of existing and emerging IT applications. Converting raw data into meaningful insights is a global trend that’s driving demand for solutions.

Source: Digital Lifescapes