Frost & Sullivan’s recent analysis maps the autonomous technology roadmap and market trends in the two leading regions: North America and the European Union. By 2030, Level 4 autonomous trucks will account for transportation of ~6.4% of general freights by ton-miles in the United States, leading to savings of $4.75 billion in annual freight costs.
Read MoreDespite increased investment, only 10% of organizations are achieving significant financial benefits with AI. The role of mutual learning between humans and machines is often underestimated in generating value from AI. Those companies that draw on multiple types of interaction and feedback between humans and AI are 6X times more likely to amplify their success.
Read MoreBy its very nature, technology requires industry players to innovate in order to survive. In fact, technology companies are 12 percent more likely to be disrupted than companies in retail and 25 percent more likely than those in financial services, two other industries that have historically gone through regular disruptions.
Read MoreFrost & Sullivan’s recent analysis, Digital Hospitals: Creating Growth Opportunities in Patient Care during the COVID-19 Pandemic and Beyond, finds that digital hospitals that deploy smart technologies, such as artificial intelligence (AI), remote health monitoring, and robotics, deliver higher standards of patient care and hassle-free experiences for health professionals
Read MoreThe market for professional loudspeakers posted global revenues of nearly $3 billion in 2019, an increase of almost 7%, according to the latest professional loudspeaker industry report from Futuresource Consulting. One of the key themes of the report this year was the impact of COVID-19 and its significant effects on forecasts moving forwards. The segment most affected by these restrictions is Live and Touring.
Read MoreSupply chains are in the middle of an evolution that will change completely how chief supply chain officers (CSCOs) organize and operate their organizations. “CSCOs are tasked to design a supply chain organization that fits into this new era,” said Mike Burkett, vice president analyst with Gartner. “While in the past, a good supply chain was efficient and powerful, it must now be agile and fast.”
Read MoreAccording to Frost & Sullivan’s recent analysis, aftermarket revenue expanded by 4.1% in 2019. This was largely driven by a 3.2% growth in vehicles in operation, with the contraction in global gross domestic product (GDP) growth stifling consumer expenditure on new vehicle purchases.
Read MoreThe growing volume and complexities of cyber threats present a compelling case for adopting threat intelligence platforms (TIPs). These solutions help organizations navigate the ever-increasing threat landscape and allow for further analysis and operationalization of threat intelligence. The TIP market is one of the cybersecurity markets that will be least affected in 2020.
Read MoreFrost & Sullivan’s recent analysis, COVID-19 Growth Impact Assessment for the Commercial Vehicle Industry, shows that digital and connectivity services will significantly influence market recovery post-COVID-19 as telematics services, automated digital freight brokerage solutions, and digital retailing are expected to thrive.
Read MoreSingle connections between customer and supplier are often not resilient enough in crisis situations, so supply chain leaders must counter by adding more partners and building an ecosystem. Every ecosystem looks different, as some organizations turn to academia and start-ups to fill capability gaps, others involving end users and consumers in new forms of value exchange.
Read MoreThe global robotic process automation (RPA) market is expected to gain momentum by reaching $6.10 billion by 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning that drives the demand for modern robotic process automation.
Read MoreBy 2025, 60% of B2B sales organizations will merge their sales process, applications, data, and analytics into a single operational practice. Driven by the movement to multi-experience selling, B2B buyers now prefer to engage with suppliers through digital and self-service channels.
Read MoreEnd-user spending on global data center infrastructure is projected to reach $200 billion in 2021, an increase of 6% from 2020, according to the latest forecast from Gartner, Inc. Despite a 10.3% decline in data center spending in 2020 due to restricted cash flow during the pandemic, the data center market is still expected to grow through 2024.
Read MoreAs the retail landscape continues to emerge from the business devastation and disruption caused by the COVID-19 pandemic, retailers have been battling to innovate their approach to the market to deliver their goods and services. COVID -19 will continue to be a threat in the short term and its effects are likely to be felt long after the pandemic recedes.
Read MoreFrost & Sullivan’s recent analysis encompasses nine key trends that will emerge from industries reshaping as a response to COVID-19. Technology leaders must assess the emerging opportunities resulting from COVID-19 and provide technological innovations to build company, society, and consumer resilience.
Read MoreSixty-nine percent of boards of directors (BoDs) accelerated their digital business initiatives in the wake of COVID-19 disruption, according to a new survey from Gartner, Inc. Almost half anticipate changing their organizations’ business model as a result of the pandemic.
Read MoreNew Bain & Company research highlights eight themes for brands to consider as they define strategies for a world changed by COVID-19, which has forced potentially dramatic new directions in consumption, altering behaviors in ways that few would have imagined. Some of these trends are clearly here to stay, for others the jury is still out.
Read MoreFrost & Sullivan’s recent analysis reveals that business support systems (BSS) are necessary to provide the fast-changing requirements in 5G and enhance customer experiences. They also help communication service providers (CSPs) deliver personalized service experiences for consumers and businesses. The research profiles three leading BSS providers and their solutions.
Read MorePolicymakers should focus on five critical success factors in order to ensure the US continues to build its emerging 5G economy, according to a new report from Boston Consulting Group (BCG). BCG’s study draws on an in-depth analysis of the factors that secured America’s leadership of the 4G economy.
Read MoreGlobal robotic process automation (RPA) software revenue is projected to reach $1.89 billion in 2021, an increase of 19.5% from 2020, according to the latest forecast from Gartner, Inc. Despite economic pressures caused by the COVID-19 pandemic, the RPA market is still expected to grow at double-digit rates through 2024.
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