Moderate growth forecast over the next five years Worldwide IT and business services revenue is expected to grow (in constant currency) from $US1.13 trillion in 2022 to $US1.2 trillion in 2023, or 5.7 per cent year-over-year growth, according to the International Data Corporation Worldwide Semi-annual Services Tracker. In nominal dollar denominated…
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CFOs view continuing inflation as unsustainable in the long-term CFOs have relied on raising prices as their primary strategy for combating high levels of inflation, but they recognize that this strategy is unsustainable if inflation persists long-term, according to a survey by Gartner, Inc. A May survey of 182 CFOs…
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Achieving customer service and support goals in 2023 Customer service and support leaders cited customer data and analytics as a top priority for achieving organizational goals in 2023, according to a survey from Gartner, Inc. In a Gartner online survey of 283 customer service and support leaders from August-October 2022,…
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Signs of a moderate pullback in some areas of IT spending For the fifth consecutive month, International Data Corporation has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. In its new monthly forecast for worldwide IT spending growth,…
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PICaaS market encompasses revenue generated by cloud service providers International Data Corporation (IDC) has published its first-ever forecast for the performance intensive computing as a service (PICaaS) market. IDC projects that the total worldwide PICaaS market will grow from $US22.3 billion in 2021 to $US103.1 billion in 2027 with a…
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Data-driven everything is increasingly an overarching theme Asia/Pacific spending on BDA solutions will reach $US42.2 billion in 2023, thus growing by 19.6 per cent from 2022. Investment in enterprise intelligence solutions has witnessed significant growth from the previous year. It is expected to stay the same owing to the incremental…
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Rosen Law Firm represents investors throughout the globe Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Signature Bank between March 2, 2023, and March 12, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023, lead plaintiff deadline, in the securities class…
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The shipping industry is working towards full decarbonisation by 2050 A new insight brief series from the Global Maritime Forum identifies four actions that maritime and shipping industries can take now to support shipping’s transition to a sustainable and resilient zero-emission future. “We need to clean up shipping supply chains…
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LG continues to lead future vehicular software development LG Electronics (LG) is the first player to meet international testing standards for functional safety and cybersecurity management for vehicles. LG annually updates required certifications for its hardware and software solutions for electric vehicle components through leading global testing organization, TÜV Rheinland.…
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Fatigue hurts an employee’s performance in many ways Employees are dealing with an unprecedented amount of change since COVID, and they are fatigued of change. To decrease employee fatigue, CIOs should perform four steps, according to Gartner, Inc. “Any employee is dealing with digital acceleration, staff departures, having to adjust…
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