The Semiannual Big Data and Analytics Software Tracker published by International Data Corporation (IDC) expects current geopolitical developments to have a mild impact on market growth, with a positive outlook for the future. The trend of companies relying on data manipulation to analyze, predict, and swiftly adapt to changing market conditions is here to stay, being fueled by ongoing supply chain and demand shift challenges.
Read MoreGartner, Inc. predicts that by 2025, 70% of organizations will shift their focus from big to small and wide data, providing more context for analytics and making artificial intelligence (AI) less data hungry. Disruptions such as the COVID-19 pandemic is causing historical data that reflects past conditions to quickly become obsolete, which is breaking many production AI and machine learning (ML) models.
Read MoreDespite it still being in its early stage, 5G deployment in China is aggressive, allowing the country to be prepared to maintain/advance its position as the world's leading industrial manufacturing nation and be ready for the next generation of the industrial revolution.
Read MoreTechnologies such as machine learning, Big Data analytics and blockchain will be the cornerstone of fintech platforms. These factors will fundamentally alter the way financial services are delivered and drive fintech platforms to become the “new normal” according to a new report from Juniper Research.
Read MoreA new update to the Worldwide Semiannual Big Data and Analytics Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for big data and business analytics (BDA) solutions will reach $260 billion in 2022 with a compound annual growth rate (CAGR) of 11.9 percent over the 2017-2022 forecast period. BDA revenues are expected to total $166 billion this year, an increase of 11.7 percent over 2017.
Read MoreLatin American companies are shifting focus in 2018 away from technology spending to optimally employing digital transformation accelerators to enhance their business, new research from Frost & Sullivan reveals.
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