Banking and financial services organisations ratchet up ICT spending

Bid to become digitally resilient. Over 70% of banking, financial services, and insurance (BFSI) organizations across the Middle East, Turkey, and Africa (META) region plan to invest in scaling up their digital platform experiences over the next 12-18 months. That’s according to the latest research from International Data Corporation (IDC),…

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Worldwide spending on ESG business services

In 2022, all enterprises are being pushed to transform and fundamentally change. Organizations face mounting pressures to improve and document their environmental, social, and governance (ESG) performance. Because the initial steps to a sustainable transformation can be daunting to firms that have not attempted anything similar in the past, sustainability-linked…

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Banking-as-a-service sets Asia/Pacific banks to hit 18 per cent of revenues

With BaaS, the bank can externalize products. Banks are set to hit as much as 18 per cent of revenues through Banking-as-a-Service (BaaS) partners. The new report looks at the emergence of BaaS as a strategic imperative for Asia/Pacific banks and outlines the eight key components of a good BaaS…

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India PC market pushed past four million units

Shipments include shipments to distribution channels or end-users. The India traditional PC market, inclusive of desktops, notebooks, and workstations delivered another strong quarter (Jan-Mar 2022) shipping over 4.3 million units with a YoY growth of 37.7 per cent. While the notebook category continued to be the volume driver with 3.1 million…

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Australia’s spending on artificial intelligence to double

The primary goal is to prevent fraud and identify threats advance. Australia’s spending on AI systems will grow to $US3.6 billion in 2025, representing a compounded annual growth rate of 24.4 per cent for the period of 2020-25. Organisations have increased their investment in artificial intelligence (AI) to keep up…

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Worldwide digital transformation investments to reach $US1.8 trillion

Operational investments stand out among the 51 strategic priorities. Global spending on the digital transformation (DX) of business practices, products, and organizations is forecast to reach $US1.8 trillion in 2022, an increase of 17.6 per cent over 2021. According to a new update to the International Data Corporation Worldwide Digital…

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Telecommunications services market saw higher than expected growth

2021 was characterized by the quick recovery of the global economy caused by the COVID-19 pandemic. Worldwide spending on Telecom Services and Pay TV Services reached $US1.566 billion in 2021, an increase of 1.6 per cent year over year, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker.…

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Trends driving the transformation of consumer behaviour and markets

Organizations must redefine their mission to be more relevant to the individual. As digital transformation takes root across the consumer ecosystem, businesses must expand and deepen their relationships with consumers to better understand their wants, needs, and aspirations. With its expanded Future Consumer research, International Data Corporation (IDC) is helping…

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