Structured data management drives most spending Structured Databases/Data Management continued driving the largest share of enterprise IT infrastructure spending in the second half of 2022 (2H22), according to the International Data Corporation Worldwide Semi-annual Enterprise Infrastructure Tracker: Workloads. Organizations spent $US7.6 billion on compute and storage hardware infrastructure to support this…
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Increasing investments into data transformation suites shows the new value of banking data According to a recent IDC survey, Role of Technology in the Banking Industry, 83.2 per cent of banks in Asia/Pacific will increase their technology budgets in 2023, with 14.8 per cent signalling they will increase their budgets…
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To forge a path forward for their organizations, many CEOs are redefining VUCA DC conducted a survey of close to 400 CEOs across the world, supplemented by several one-on-one interviews, and identified five mandates to help business leaders scale their digital businesses in a rapidly changing digital world. Our survey…
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Digital businesses will total over $US2 trillion over the next four years IDC shared, during its IDC Directions event in Shenzhen, that China’s ICT spending for developing and operating digital businesses will total over US$2 trillion over the next four years. IDC shared expert insights, intelligence, and guidance to hundreds…
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Digital-native businesses are defined by their use of new and emerging technologies According to a recent IDC Market Forecast titled Asia/Pacific DNB Tech Spending Opportunity Forecast, 2022–2026, Asia/Pacific DNB tech spending is forecasted to grow at a CAGR of 20.8 per cent and reach $US128.9 billion by 2026. IDC expects Asia/Pacific…
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Financial institutions are embracing global industry trends to create a new ecosystem As the financial landscape continues to rapidly evolve and industry players rethink their business models to establish the digital infrastructure required to drive future growth, International Data Corporation is delighted to announce that the Middle East edition of…
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The adoption of public cloud services has risen steadily since the pandemic started A new whitepaper from International Data Corporation (IDC) commissioned by Microsoft predicts that by 2026, public cloud adoption will generate billions of dollars in new revenue for organisations within the cloud technology ecosystem in Australia and New Zealand. That…
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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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Due to excess inventory and poor demand Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments of traditional PCs during the first quarter of 2023 (1Q23). Global shipments numbered 56.9 million, marking a contraction of 29.0 per cent compared to…
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We have been following initiatives such as Open AI for quite some time Coosto today announced its integration with ChatGPT technology, which allows Coosto users to produce fully automated content linked to their brand and relevant market trends. The ChatGPT Content Generator considers factors such as message length per platform, tone…
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