While Magic Leap’s $794 million round took the headlines, that mammoth investment was only 40% of the total invested in the 12 months to June 2016. The remaining 60% went into Augmented and Virtual Reality video, hardware, solutions and services, games, apps, advertising/marketing, tech, distribution and peripherals.
While telecom operators agree on the ultimate transformation of telecommunications networks to cloud-based infrastructures and the increasing role of video and Internet of Things (IoT) to drive revenue, they diverge on how fast these developments will affect them based on their business models.
The Digital Media Readiness Framework has identified 23 main indicators that can measure the level of adoption and usage in the media industries of digital content, products and services. But not all indicators carry the same importance, impact and weight in determining the health of media, entertainment and information industries.
Source: World Economic Forum
During the first half (H1) of 2016, 1,363 deals worth $223.1 billion represented a 41.6 percent decrease in value compared to H1 2015 ($382.3 billion, 1,580 deals), and the weakest H1 deal value and count since 2013 ($173.5 billion, 1,056 deals).
Source: Digital Lifescapes
IDC has predicted that by 2017, 60% of companies with a Digital Transformation strategy will deem it too important for any one functional area and create an independent corporate executive position to oversee the implementation across the entire organization.
Digital business contributes an enormous amount of money to the British economy. Research from Virgin Business Media and Oxford Economics has found that digital capabilities generated £123 billion in business revenues, which is equivalent to 3.4% of the UK GDP.
Source: The Guardian
During 2015, the Americas accounted for around 45% of the market share to dominate the global smart grid IT systems market. Increased investments in smart grid systems and the subsequent increase in the R&D spending are factors that will fuel growth in the Americas market.