Latest News & Executive Interviews
Asia/Pacific Insurers to Gain 45% More Value from IT Investments by 2027 Through AI-Driven FinOs — IDC - June 6, 2025
IDC predicts that, by 2027, insurers that integrate AI with FinOps will be able to consistently realize 45% more value from their IT investments, driven by informed automation at scale. This is just one of the predictions unveiled in the IDC FutureScape: Worldwide Insurance 2025 Predictions — Asia/Pacific Implications report.
AI and IP Video Set to Redefine Live Entertainment Venues Across Europe, Says VITEC Executive - June 5, 2025
As sports and entertainment venues across Europe prepare for a new era of digital transformation, artificial intelligence (AI), IP video technologies, and sustainability initiatives are poised to redefine fan experiences, operational efficiency, and long-term profitability.
Enterprises Say Stronger Governance is Key to AI Business Value — ISG - June 5th, 2025
More than half of enterprises say AI governance is a major concern that, if not addressed, could limit the deployment and potential value of large language models through 2027, according to research from global AI-centered technology research and advisory firm Information Services Group.
Gartner Says Worldwide Semiconductor Revenue Grew 21% in 2024 — Gartner - June 5, 2025
Worldwide semiconductor revenue totaled $655.9 billion in 2024, up 21% from $542.1 billion in 2023, according to final results by Gartner, Inc. NVIDIA climbed to the No. 1 position, overtaking Samsung Electronics and Intel for the first time.
Asia/Pacific AI Spending to Reach $175 Billion by 2028, Driven by GenAI Boom — IDC - June 4, 2025
According to the IDC Worldwide AI and Generative AI Spending Guide, the Asia/Pacific region, including China and Japan, is experiencing unprecedented growth in Artificial intelligence (AI) and generative AI (GenAI) investments, spanning software, services, and hardware designed for AI-driven systems. AI and GenAI investments in the region are expected to reach $175 billion by 2028, with a compound annual growth rate (CAGR) of 33.6% from 2023 to 2028. Meanwhile, GenAI investments alone are forecasted to hit $54.5 billion by 2028, with a remarkable CAGR of 59.2%, accounting for approximately 31% of the total AI and GenAI market.
Solving AI’s Power Problem with Nuclear Energy — Gartner - June 3, 2025
Global enterprises are facing rapidly increasing electricity consumption driven by AI and generative AI, which threatens to disrupt energy availability and lead to data center power shortages.
Small modular nuclear reactors are emerging as a viable long-term solution to this looming power crisis. Gartner predicts the first SMR-powered data centers will become operational by 2030, using sustainable power fully independent of utility power distribution grids.
Rearchitecting the Digital Workspace: Risk, Resilience, and the Rise of the Autonomous Platform - June 3, 2025
In a time when enterprise IT leaders are facing a perfect storm of endpoint complexity, cloud sprawl, and heightened security risks, a new vision for the digital workspace is emerging. Omnissa, the end-user computing spinout from VMware following its acquisition by Broadcom, is aiming to redefine how organizations manage performance, productivity, and policy enforcement.
AI is Becoming Integral to Salesforce U.K. Offerings — ISG - June 3, 2025
AI-driven automation, particularly through Salesforce’s Agentforce, is beginning to change how businesses in the U.K. operate and could have wider societal implications, according to a new research report published today by Information Services Group (ISG), a global AI-centered technology research and advisory firm.
Enterprises Rethink End User Computing Strategies in Age of AI and Cloud Sprawl — Omnissa - June 3, 2025
As enterprises race to modernize their IT infrastructure, the need to unify end user computing (EUC) strategies is emerging as an increasingly critical priority, according to Christopher Reed, Chief Technology Officer for the Americas at Omnissa. In a recent BizTechReports executive vidcast interview, Reed urged technology leaders to rethink fragmented endpoint management approaches and move toward an autonomous workspace model capable of reducing risk, enhancing performance, and improving user experience.
Gartner Predicts by 2027, Organizations Will Use Small, Task-Specific AI Models Three Times More Than General-Purpose Large Language Models — Gartner - June 3, 2025
Gartner, Inc. predicts that by 2027, organizations will implement small, task-specific AI models, with usage volume at least three times more than those of general-purpose large language models. While general-purpose LLMs provide robust language capabilities, their response accuracy declines for tasks requiring specific business domain contexts.
IDC Predicts AI Solutions & Services will Generate Global Impact of $22.3 Trillion by 2030. —IDC - June 3, 2025
IDC, the global leader in trusted technology intelligence, has today released a comprehensive analysis highlighting the profound economic impact of artificial intelligence on the global economy, at its IDC Directions event — which focuses on the pivotal role AI plays in today's business landscape. According to IDC, investments in AI solutions and services are projected to yield a global cumulative impact of $22.3 trillion by 2030, representing approximately 3.7% of the global Gross Domestic Product.
Gartner Says Worldwide PC Shipments Increased 4.8% in First Quarter of 2025. — Gartner - June 2, 2025
Worldwide PC shipments totaled 59 million units in the first quarter of 2025, a 4.8% increase from the first quarter of 2024, according to preliminary results by Gartner, Inc. U.S. PC shipments grew 12.6%, reaching 16 million units in the first quarter of 2025.
China Smartphone Market Grew 3.3% in 1Q25, Outperforming Global Growth Ahead of US-China Trade Tensions — IDC - May 23, 2025
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China's smartphone market shipped 71.6 million units in 1Q25, a 3.3% year-on-year increase. This growth was driven by the government subsidies that extended to smartphones in 2025, as well as the peak sales season of the Spring Festival. The market outperformed the global growth of 1.5% but came below IDC’s projections as the effect of the government subsidies on bolstering existing consumer demand appeared to be modest.
Life Sciences at a Crossroads: AI, Compliance, and the Replatforming of Pharma Engagement - May 22, 2025
In this executive vidcast interview with BizTechReports, Anupam Nandwana, CEO of P360, explains how his company is helping pharmaceutical firms modernize engagement models through AI-powered platforms that streamline outreach, safeguard compliance, and improve outcomes.
AI Adoption in Life Sciences Gains Ground Amid Compliance Pressures, Cost Controls – P360 - May 22, 2025
As pharmaceutical and medical device companies race to modernize how they engage doctors and patients, leaders face a central challenge: how to use artificial intelligence and digital platforms to improve care delivery without violating the strict regulatory frameworks that govern communication and data use in the life sciences industry.
Gartner Sales Survey Finds 74% of B2B Buyer Teams Demonstrate "Unhealthy Conflict" During The Decision Process. — Gartner - May 21, 2025
Seventy-four percent of B2B buyer teams demonstrate unhealthy conflict during the buying decision process, according to a survey by Gartner, Inc. Unhealthy conflict occurs when buying team members have conflicting objectives, disagree on the best course of action, or are overruled by external decision-makers.
Global IT Spending Faces Crosswinds as Tariffs Reshape Market Landscape, IDC Analysts Say - May 20, 2025
International Data Corporation (IDC) for its latest State of the Market discussion, where leading analysts will examine the economic impact of newly imposed tariffs, the resulting shifts in global supply chains, and the revised global IT spending outlook—now forecast to grow between 5% and 9% amid rising uncertainty.
Generative AI is Redefining the Role of Software Engineering Leaders. — Gartner - May 20, 2025
Generative AI (GenAI) is revolutionizing the managerial responsibilities of software engineering leaders, who must adapt to its impact on productivity, recruitment processes, and ethical considerations.
Worldwide UC&C Revenues Grew 7.8% YoY in 2024; CPaaS Market Close Behind at 7.7% — IDC - May 19, 2025
In 2024, the worldwide Unified Communications & Collaboration (UC&C) market revenues grew 7.8% year over year to $69.2 billion, according to the International Data Corporation's (IDC) Worldwide Quarterly Unified Communications and Collaboration Tracker. Further, the worldwide UC&C market is forecast to grow at a compounded annual growth rate (CAGR) of approximately 3.9% during 2025-2029 to reach cumulative revenues of $85.4 billion.
Gartner Predicts 60% of Supply Chain Digital Adoption Efforts Will Fail to Deliver Promised Value by 2028 — Gartner - May 16, 2025
By 2028, 60% of supply chain digital adoption efforts will fail to deliver promised value due to insufficient investment in learning and development, according to Gartner, Inc.