Pulp and Paper Industry’s Adoption of Digital Technologies Will Be Worth USD3.6 Billion at the End of the Decade
Pulp and paper producers face twin challenges. First, the gigantic machines converting wood pulp into paper-based products are a single point of failure. Second, the industry is embracing sustainability by the difficult task of incorporating recycled paper into production while retaining the required quality levels. These challenges are fuelling investment in process control software and data... By CIO&Leader
How 5G will drive the adoption of artificial intelligence
The transformation from analog 1G to digital 2G made text messages a reality, and 3G enabled data services. As far as 4G is concerned, it made the mobile internet a practical reality. It has become a norm that faster speeds are given with a new mobile standard. Likewise, the shift to 5G will deliver superior performance and greater efficiency. 5G will provide faster speed, lower latency, and... By Sanjay Bakaya
84% of Indian Consumers Feel Like Service is an afterthought: Study
94% of Indian consumers report making purchase decisions based on the quality of customer service they receive, according to the global Zendesk Customer Experience (CX) Trends Report 2022.A majority of Indian businesses surveyed (88%) agree that there is a direct link between customer service and business performance. Despite this, many Indian consumers (84%) feel like customer service is an... By CIO&Leader
12 Million Jobs Will Be Lost To Automation Across Europe By 2040, Forrester
34% of European jobs are at risk and 12 million jobs will be lost to automation across Europe-5 (France, Germany, Italy, Spain, and the UK) by 2040, forecasts Forrester While the pandemic continues to pressure European businesses to invest more heavily and rapidly in automation, it’s not the only factor contributing to the forecasted job loss. According to Forrester’s Future of Jobs Forecast,... By CIO&Leader
14% of Organizations Have Achieved a 360-Degree View of their Customer, Gartner
Only 14% of organizations have achieved a 360-degree view of the customer, according to Gartner, Inc. However, 82% of respondents said they still aspire to attain this goal in a Gartner survey of 402 marketing, IT and other enterprise leaders responsible for customer data initiatives from May through July 2021. For respondents who achieved a 360-degree view of their customer, customer data... By CIO&Leader
Smart intralogistics robots will become part of most large enterprises, Study
Driven by evolving data communications networks, including 5G,25% of supply chain decisions will be made across intelligent edge ecosystems through 2025, Gartner, Inc. predicts. “Historically, digital supply chain investments prioritized large-scale, centralized applications in domains such as manufacturing and logistics,” said Andrew Stevens, senior director analyst with the... By CIO&Leader
Robust Market Opportunities in SD-WAN Still Abound, Research
Network connections are becoming more complex as more devices require connectivity from infinitely more locations. This proliferation of IoT has driven demand for software-defined solutions to optimize networking costs, improve enterprise agility/scalability, and enable the integration of cloud applications. Although the emergence of secure access service edge (SASE), which integrates... By CIO&Leader
Worldwide IT Spending to Grow 5.1% in 2022, Gartner
Worldwide IT spending is projected to total USD4.5 trillion in 2022, an increase of 5.1% from 2021, according to the latest forecast by Gartner, Inc. Despite the potential impacts of the Omicron variant, economic recovery with high expectations for digital market prosperity will continue to boost technology investments. “2022 is the year that the future returns for the CIO,” said ... By CIO&Leader
Global Lockdowns May Limit COVID-19, But Not DDoS, Study
The world has been going through significant changes: facing a global COVID-19 pandemic, researching how the SARS-CoV-2 virus works and then delivering a defense via vaccines to fight back. Similarly, in the world of cybersecurity, we saw many changes in the first half of 2021. While DDoS attacks kept growing in size and frequency, attackers particularly focused on low-volume attacks that ran for... By CIO&Leader
Technological risks not seen as long-term risks: WEF Global Risk Report
The Global Risk Report (GRR) 2022 released last week by the World Economic Forum (WEF) has not listed any of the technological risks as top long-term risks, though the report calls it ‘a possible blind spot in risk perceptions.’ The report is based on WEF’s annual Global Risk Perception Survey (GRPS), which gathered insights from nearly 1000 global experts and leaders. When asked to identify... By CIO&Leader
99% of CEOs believe India’s economic growth will improve over the next 12 months, finds PwC
In India, while 99% of chief executive officers are confident that the country’s economic growth will improve over the next 12 months, 94% of CEOs (as against 88% last year) feel that global growth rates are poised to increase, Also, more than 95% of India CEOs – many of whom lead private equity firms and technology firms – are confident about their respective company’s prospects for revenue... By CIO&Leader