Consumer Electronics: Overview and Trends
IDC predicts that global consumer electronics spending will reach $1.68 trillion in 2019, a year-on-year increase of 5.3%. As such, the market will reach $2.06 trillion in value by 2023
Information Technology
CRM – Growing Enterprise Software Today
CRM remains the largest and fastest growing enterprise software category today according to the latest market sizing, and market share research Gartner published. A CRM system essentially provides a central place where businesses can store customer and prospect data, track customer interactions, and share this information with colleagues. With a CRM system in place, every…
IT consumerization: A paradigm shift in IT
IT consumerization: A paradigm shift in IT “IT consumerization” acting as an important tool to upgrade business productivity and efficiency so that business resources is optimized. Cloud-solutions and introduction of BYOD (Bring Your Own Device) area has helped to solve the workloads. The use of personalized devices at workplace is growing at a faster rate…
Enterprise resource planning (ERP): an enterprise application
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,…
Inside look of Machine learning success stories
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…
Welcome to global Artificial intelligence (AI) mode
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…
Will IoT (Internet of Things) become a smart buzz in business world?
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…
Evolvement of E-commerce in Business World
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…
Digital Transformation on a Go!
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…