growth

Q2 enterprise spending on cloud infrastructure services reached USD 42 billion, having increased by USD 2.7 billion from the previous quarter and up 39% from the second quarter of 2020, according to...
Jul 30, 2021
137
0
The all-pervasive digital shift by APeJ enterprises to attain digital resiliency has helped ICT spending grow by over 7.1% to reach USD 950 billion in 2021 and is expected to reach USD 1.1 Trillion...
Jul 26, 2021
290
0
India IT spending is expected to total USD 92.7 billion in 2021, growing 8% from 2020, according to Gartner. Worldwide IT spending is projected to total USD 4.2 trillion in 2021, an increase of 8.6%...
Jul 15, 2021
474
0
The COVID-19 crisis led most enterprises in APeJ region to prioritize digital infrastructure resiliency investments to ensure long-term business resiliency and success. Public cloud services are...
Jul 14, 2021
422
0
The increase in the adoption of unified communication systems worldwide and rising investments by organizations in corporate telephony because it offers better productivity and operational cost...
Jul 12, 2021
332
0
The increasing number of applications being deployed on the cloud in many sectors, fast improvements in the Internet of Things (IoT) domain, developments in a number of smart applications, and...
Jul 09, 2021
298
0
The usage of digital signatures is rising as a result of the increasing need for user authentication and smooth digital transaction management, according to P&S Intelligence. Moreover, the use of...
Jul 06, 2021
575
0
The exponential growth of business data, coupled with advancements in cloud computing, Artificial Intelligence (AI), and the Internet of Things has unleashed an era of digital transformation across...
Jun 24, 2021
457
0
Spending on digital identity verification by businesses will reach USD 16.7 billion in 2026, from USD 9.4 billion in 2021, according to Juniper Research. Digital identity verification is where...
Jun 21, 2021
511
0
The worldwide software-defined infrastructure (SDI) software market reached USD 12.17 billion during calendar year 2020, an increase of 5% over the previous year, according to IDC’s Worldwide...
Jun 10, 2021
982
0
The global Internet of Things (IoT) market by revenue will be worth USD 1.1 trillion by 2024, with much of the growth coming from wearables, according to GlobalData. GlobalData’s latest report, ‘...
Jun 03, 2021
585
0
Increasing investments in digital transformation, data centers and Internet of things (IoT) deployment were instrumental in the more than 5% average revenue growth of the top 20 Asia-Pacific (APAC)...
May 31, 2021
634
0
The global edge Artificial Intelligence (AI) Software-as-a-Service (SaaS) and turnkey service market will grow at a Cumulative Average Growth Rate (CAGR) of 46% between 2020 and 2025 to reach USD 7.2...
May 25, 2021
607
0
Changing work styles and behaviors are creating new vulnerabilities for companies, individuals, and their data. According to findings from HP Wolf Security Blurred Lines & Blindspots Report, 70%...
May 18, 2021
1,267
0
Worldwide spending on information security and risk management technology and services is forecast to grow 12.4% to reach USD 150.4 billion in 2021, according to the latest forecast from Gartner....
May 18, 2021
1,540
0
The worldwide UCaaS subscribers growth rate jumped to 41% in 2020, up from 27% in 2019, according to Synergy Research Group. While the market share of leader RingCentral has held steady at around 20...
May 05, 2021
1,303
0
Digital commerce spending will rise to over USD 11.6 trillion by the end of 2021, from USD 10.5 trillion last year; a growth of 11.5% in a single year, according to Juniper Research’s Digital...
May 04, 2021
365
0
The average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from USD761,106 in 2020 to USD1.85 million in 2021, according to Sophos’ The State of...
May 03, 2021
1,241
0
Q1 enterprise spending on cloud infrastructure services was in excess of USD 39 billion, having increased by well over USD 2 billion from the previous quarter and up 37% from the first quarter of...
Apr 30, 2021
1,246
0
End-user spending on public cloud services in India will total USD 4.4 billion in 2021, according to Gartner. As compared to 2020, end user spending on public cloud will grow 31.4% in 2021. “Indian...
Apr 29, 2021
1,169
0
Spending on security hardware, services, and software in APeJ is expected to reach USD 23.1 billion in 2021 – an increase of 12.6% over the previous year, according to IDC’s Worldwide Security...
Apr 22, 2021
853
0
Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total USD 332.3 billion, up from USD 270 billion in 2020, according to the latest forecast from Gartner. “The...
Apr 22, 2021
1,280
0
Organizations are forecast to spend nearly USD 6.6 billion on blockchain solutions this year, an increase of more than 50% compared to 2020, according to IDC’s Worldwide Blockchain Spending Guide....
Apr 20, 2021
971
0
Digital domestic money transfer transaction values will rise from USD 2 trillion in 2020 to USD 3.4 trillion in 2025; driven by the growth of mobile money transfers, according to Juniper Research....
Apr 16, 2021
339
0
As industries across the world witnessed a rapid acceleration in digitization, technology-driven companies are now leading the path to a faster recovery globally. The National Association of Software...
Apr 15, 2021
914
0
The pandemic has been a driving factor in accelerating the rate of digital adoption and stirring up the consumer offerings – both of which has helped ICT Spending to show a positive outlook in 2021....
Apr 13, 2021
1,859
0
While the percentage of ICS computers on which malicious objects were blocked had declined since the second half of 2019, this number again started to rise in the second half of 2020. Globally, the...
Apr 12, 2021
1,734
0
IT spending in India is projected to total USD 93 billion in 2021, an increase of 7.3% from 2020, according to Gartner. The growth in India will be lower than the global average, as worldwide IT...
Apr 08, 2021
2,314
0
More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away...
Mar 31, 2021
695
0
Enterprise information security and risk management end user spending in India is on pace to total USD 2.08 billion in 2021, an increase of 9.5% from 2020, according to the latest forecast from...
Mar 18, 2021
2,572
0
Worldwide government IT spending will total USD 483 billion in 2021, an increase of 5.1% from 2020, according to Gartner. “Government organizations continue to be challenged with the appropriate...
Feb 24, 2021
1,511
0
APeJ spending on Internet of Things (IoT) was deeply impacted in 2020 due to the pandemic hitting major economies in the region, with spending growth descending to 7.1% YoY in 2020 – down from the 12...
Feb 17, 2021
732
0
The number of mobile video calling services reached 1.8 billion globally in 2020; rising from 1.2 billion in 2019, according to Juniper Research. This represents a growth of 50% over 12 months, as...
Feb 15, 2021
504
0
There is a 154% increase in the number of attacks between 2019 and 2020, with growth in ransom-related DDoS (RDDoS) attacks and a rise in use of existing attack vectors, including web applications,...
Feb 15, 2021
1,906
0
Security spending in critical infrastructure has been little impacted by the COVID-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased...
Feb 11, 2021
1,826
0
Legal technology budgets will increase threefold through 2025 as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments,...
Feb 11, 2021
594
0
The consumer robotic market pushed through the pandemic's disruption to deliver continued growth in 2020 as consumers spent more time at home and invested in robotic offerings that made life simpler...
Feb 10, 2021
485
0
India’s score in online civility had improved to 68 in 2020 from that of 71 in 2019, indicating that fewer people are experiencing negative online interactions or encountering online risks, according...
Feb 10, 2021
648
0
Infrastructure software revenue in India will total USD 4.6 billion in 2021, a 12% increase from 2020, according to Gartner. “In 2021, Indian CIOs will continue to focus on maintaining business...
Feb 10, 2021
1,491
0
In 2020, every second fraudulent transaction in the finance industry was an account takeover, according to Kaspersky. According to anonymized statistics of events detected by Kaspersky Fraud...
Feb 09, 2021
1,797
0
There is growing popularity of domestic apps as they continued to climb up the ladder in India’s app race, according to AppsFlyer’s State of App Marketing in India 2021 report. The report's...
Feb 09, 2021
561
0
As the pandemic continues and schools experience renewed closures or pursue a hybrid model of learning (in-person and remote), the educational sector continues to attract the attention of...
Feb 08, 2021
1,858
0
APeJ spending on augmented reality and virtual reality (AR/VR) will grow rapidly at a compound annual growth rate (CAGR) of 47.7% (2019-2024) and reach USD 28.8 billion by 2024, according to IDC’s...
Feb 08, 2021
707
0
Big growth is ahead for FinOps, the field of cloud financial management, as more companies accelerate their cloud plans, especially amid COVID-19, and struggle to contain and optimize cloud spend,...
Feb 04, 2021
722
0
Cloud gaming will fundamentally change the video games industry over the next ten years, according to GlobalData. Just as video and audio streaming has reshaped the music, film and TV markets, cloud...
Feb 03, 2021
763
0
Q4 enterprise spending on cloud infrastructure services were just over USD 37 billion, USD 4 billion higher than the previous quarter and up 35% from the fourth quarter of 2019, according to Synergy...
Feb 03, 2021
1,495
0
The total spend via digital wallets will exceed USD 10 trillion in 2025, up from USD 5.5 trillion in 2020, according to Juniper Research’s report, titled Digital Wallets: Key Opportunities, Vendor...
Feb 01, 2021
706
0
Worldwide IT spending will total USD 3.9 trillion in 2021, an increase of 6.2% from 2020, according to Gartner. Worldwide IT spending declined 3.2% in 2020 as CIOs prioritized spending on technology...
Jan 27, 2021
1,168
0
Robotic Process Automation (RPA) has passed the tipping point for broad enterprise adoption, entering the mainstream as organization continue to turbocharge digital transformation in the wake of...
Jan 22, 2021
851
0
Cybersecurity investment will increase 10% globally in 2021, according to Canalys. Cybersecurity will remain a high priority this year, as the range of threats broadens and new vulnerabilities emerge...
Jan 20, 2021
1,566
0