Consumer wearable devices targeting health and fitness applications have already demonstrated some promising early-adopter use-cases. Moreover, advancements in neuroscience technology research have several manufacturers preparing to launch Brain-to-Machine Interface (BMI) enabled products.
The U.S. tech companies under fire in Europe argue that the EU’s regulatory framework actually works against the creation of international digital champions by forcing them to comply with Byzantine rules and regulations across each of the 28 member states.
Cloud computing spending is the largest segment of Specialized Services, and is expected to grow to $117 billion by 2018, according to TIA. The fastest growing of the specialized services was Intelligent Transportation, which jumped 56.8 percent (to $13.5 billion) in 2014 and is predicted to achieve a 30.4 percent CAGR over the next four years.
PC shipments in Europe, the Middle East, and Africa (EMEA) reached 17.2 million units in the second quarter of 2015 — that’s a 21.6% decline compared with last year. The market continues to suffer from currency exchange rates, which led to higher price points and weaker demand.
The global networked economy has gained new momentum in 2015, with more strategic mergers and acquisitions (M&A) activity. According to the latest global market study by Mergermarket, the Technology, Media and Telecom (TMT) sector had a very active first half (H1) 2015.
In May, the European Commission announced that it would create a unified digital market of 500 million consumers that would add €415 billion ($463 billion) to the European Union’s GDP and create some 3.8 million jobs. Unfortunately, a recent decision on one key digital issue – data privacy – threatens to derail that effort.
The Industrial Internet of Things will transform companies and countries, opening up a new era of economic growth and competitiveness. The intersection of people, data and intelligent machines will have far-reaching impacts on the productivity, efficiency and operations of industries around the world.