73% of Executives Are Researching & Launching IoT Projects In 2017
Manufacturing-based IoT connections grew 84% between 2016 and 2017, followed by energy & utilities (41%). 73% of executives are either researching or currently launching IoT projects. The IoT platform market is expected to grow 35% per year to $1.16B by 2020. B2B uses can generate nearly 70% of the potential value enabled by IoT. These […]
How Artificial Intelligence Is Revolutionizing Business In 2017
84% of respondents say AI will enable them to obtain or sustain a competitive advantage. 83% believe AI is a strategic priority for their businesses today. 75% state that AI will allow them to move into new businesses and ventures. These and many other fascinating insights are from the Boston Consulting Group and MIT Sloan Management Review […]
Gartner’s Hype Cycle for Emerging Technologies, 2017 Adds 5G, Edge Computing For First Time
Gartner added eight new technologies to the Hype Cycle this year including 5G, Artificial General Intelligence, Deep Learning, Edge Computing, Serverless PaaS. Virtual Personal Assistants, Personal Analytics, Data Broker PaaS (dbrPaaS) are no longer included in the Hype Cycle for Emerging Technologies. The Hype Cycle for Emerging Technologies, 2017 provides insights gained from evaluations of more […]
McKinsey’s State Of Machine Learning And AI, 2017
Tech giants including Baidu and Google spent between $20B to $30B on AI in 2016, with 90% of this spent on R&D and deployment, and 10% on AI acquisitions. Artificial Intelligence (AI) investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies. U.S.-based companies absorbed 66% of […]
73% Are Using Internet Of Things Data To Improve Their Business
According to the Cisco Visual Networking Index, M2M connections will represent 46% of connected devices by 2020. 95% of execs surveyed plan to launch an IoT business within three years. These and many other insights are from the recently published Cisco Internet of Things (IoT) study, The Journey to IoT Value: Challenges, Breakthroughs, and Best Practices published […]
6 Ways Cloud ERP Is Revolutionizing How Services Deliver Results
Cloud ERP is the fastest growing sector of the global ERP market with services-based businesses driving the majority of new revenue growth. Legacy Services ERP providers excel at meeting professional & consulting services information needs yet often lack the flexibility and speed to support entirely new services business models. Configure-Price-Quote (CPQ) is quickly emerging as a must-have […]
Artificial Intelligence Will Enable 38% Profit Gains By 2035
By 2035 AI technologies have the potential to increase productivity 40% or more. AI will increase economic growth an average of 1.7% across 16 industries by 2035. Information and Communication, Manufacturing and Financial Services will be the top three industries that gain economic growth in 2035 from AI’s benefits. AI will have the most positive […]
How Artificial Intelligence Is Revolutionizing Enterprise Software In 2017
81% of IT leaders are currently investing in or planning to invest in Artificial Intelligence (AI). Cowen predicts AI will drive user productivity to materially higher levels, with Microsoft at the forefront. Digital Marketing/Marketing Automation, Salesforce Automation (CRM) and Data Analytics are the top three areas ripe for AI/ML adoption. According to angel.co, there are […]
How AWS And Azure Competing Is Improving Public Cloud Adoption
Public Cloud spending is predicted to grow at quickly, attaining 16% year-over-year growth in 2017. Cowen’s AWS segment model is predicting Revenue and EBITDA to grow 25% and 26.8% annually from 2017 to 2022. Microsoft Azure is viewed as the platform that customers would most likely purchase or renew going forward (28% of total vs. […]
Roundup Of Cloud Computing Forecasts, 2017
Cloud computing is projected to increase from $67B in 2015 to $162B in 2020 attaining a compound annual growth rate (CAGR) of 19%. Gartner predicts the worldwide public cloud services market will grow 18% in 2017 to $246.8B, up from $209.2B in 2016. 74% of Tech Chief Financial Officers (CFOs) say cloud computing will have […]
