ERP is gaining huge momentum largely due to businesses transforming digital with the motive to integrate business processes across different departments including HR finance, marketing, production and distribution and support business intelligence Gartner reported an annual growth of 10% in FY 2018 with $35 billion in market value of ERP software market. According to Statista,…
After knowing about remote work, youths expect this to be in an organization where they want to give their efforts, and do not consider remote work as any kind of perk. A recent study by Upwork found that 63% of companies now have remote workers. Another study, as mentioned in Forbes, revealed that 70% of…
Does Misconception OF CSR leads to Company Failure? According to a survey done by The Nielsen Global on Corporate Social responsibility, it found that more than half of people “are willing to pay more for products and services provided by organizations which are committed to positive social and environmental impact.” Likewise, the two-third of employees…
Business Intelligence increasing intelligent businesses According to International Data Corporation (IDC), worldwide revenue of business intelligence will reach $260 billion by 2022 at a Compounded Annual Growth Rate (CAGR) of 11.9% and US is the largest geographic segment for revenue by business intelligence followed by Europe. Business intelligence becoming a “need to have” system as…
Inside look of Machine learning success stories The International Data Corporation (IDC) estimates that spending on machine learning will reach $77.6 billion by 2022. Researchers estimate that machine learning has potential to add $2.6 trillion in value to the marketing and sales industry by 2020. According to Forbes, patents of machine learning grew at compounded…
According to Gartner, the business value of AI market is expected to touch $3.9 trillion by the end of 2022 IDC forecasts spending on cognitive and AI systems to reach upto $77.6 billion by the end of 2022 Mordor Intelligence reports that the market value of enterprise AI is going to reach $15,042.32 million by…
It is predicted that the global IoT market will witness CAGR 17.56 percent between 2016 and 2023 as per Marketwatch. The IoT market was valued at $679.4 billion in 2016 Zion Market Research predicts that the market value of global IoT devices will reach $158,140 million by 2024 with expected CAGR of 23% in the…
Are we too in threat of US-China trade war? Trump presidency in 2018, levied 25% tariff on imports, accusing China of unfair trade practices The war is not likely to end soon as both sides have threatened each other about taking more strict actions. Along with the economic growth being hampered of China and US,…
Evolvement of E-commerce in Business World According to Forrester, e-commerce market size will reach to $1.8 trillion, accounting for 17% of all B2B sales in the U.S by the end of year 2023 Some big names in e-commerce market like Amazon,Ebay, and Alibaba are raking in big revenues at a healthy growing rate Many food…
According to Globalnewswire, the market value of global digital transformation is $220.9 billion as of 2018 According to MarketWatch, the digital transformation market size will touch more than $462 billion by 2024 growing at CAGR of 18.5% in the period 2019-24 Markets and Markets predicts that the size of digital transformation will reach $665 billion…