Frost.com - IT Services and Applications Research http://www.frost.com/c/10371/home.do - IT Services and Applications Research Wed, 15 Aug 2018 19:42:50 Asia-Pacific Internet of Things Market, 2018 http://www.frost.com/prod/servlet/sublib/display-report.do?id=P92C-01-00-00-00 The APAC Internet of Things (IoT) market is expected to grow at a compounded annual growth rate of 11.3% between 2017 and 2022 to reach a market size of $95.7 billion by the end of the forecast period. The study has sized the spending across the entire IoT value chain comprising chips, modules and sensing, connectivity, enablement platform, system integration and applications. While the hardware and connectivity components are becoming increasingly commoditised and mature, industry players are seeking growth opportunities in system integration, application enablement platform and application services. While technology companies generally do not bring domain knowledge, they have been acquiring capabilities in vertical areas to provide vertical-specific solutions. Although acquisitions provide the greatest degree of control, it brings substantial risk and hence collaborations in the form of partnerships are the most common form of arrangement to gain expertise within a short period. Government agencies in the APAC region are accelerating the deployment of large-scale IoT adoption via investments channelled towards IoT infrastructure, platforms and a number of initiatives including standardisation. In the private sector, the transport, logistics and manufacturing sectors are key drivers of IoT spending. Standalone Internet-connected devices using cloud-based software via subscription models are increasingly popular to track and trace critical assets from a remote location. While the level of interest is high among the consumer and enterprise sectors, there is a general lack of willingness to spend on revamping the back-end infrastructure. To achieve higher ROI, SMEs are waiting for the technology to mature before they can start to implement it. While all industries have been investing in IoT, certain industries are critical in driving adoption in particular, sectors in transport and logistics, public safety and power and utilities. While the use of technology is not a new phenomenon, the growth in adoption trend is driven by the increase in computing power over the last 10 years. With cloud computing becoming more powerful, enterprises are able to capture a lot more data than before to get insights that were not possible in the past. However, decision makers today still prefer to make decisions based on their past experience instead of using data. There is a fear that technology will render their skills and experience obsolete. Nevertheless, more and more decision makers are coming to terms that leveraging on the exponential increase in data is the way forward for enterprises to gain a competitive edge. Thu, 9 Aug 2018 00:00:00 +0100 Software as a Service: Important or Crucial? http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298636726 Fri, 6 Jul 2018 05:57:11 +0100 Artificial Intelligence: Global Investment Analysis http://www.frost.com/prod/servlet/sublib/display-report.do?id=D827-01-00-00-00 Leveraging advanced knowledge engineering mechanisms in very large computational databases and advanced search and analytical tools, artificial intelligence (AI) delivers the capability of informed decision making based on logical reasoning to computing systems. This kind of intelligence is being relied upon in the present world to develop innumerable smart applications across sectors that can efficiently take critical decisions autonomously and accurately without human intervention. In recent years, there has been a significant surge in interest among investors to bring this technology to the market. Globally, the technology is experiencing massive amounts of funding across various sectors of interest. This research service identifies the key trends in investments for artificial intelligence technologies and highlights the key growth areas in the technology space. In brief, this research service provides the following: An overview of artificial intelligence The evolution of AI approaches Funding trends of the Government toward AI Quarterly funding details over the past 2 years Key regions leading the funding deals Top industries attracting investors Top funded industries across top 5 funded regions Key companies that has closed big funding amounts over the past 2 years Viable areas of investment for investors Fri, 29 Jun 2018 00:00:00 +0100 ICT Technologies Revolutionizing Financial Services Sector http://www.frost.com/prod/servlet/sublib/display-report.do?id=D85C-01-00-00-00 The financial service sector has seen drastic technology-led changes over the past few years and the changes which are about to come in three to four years down the line may change the complete face of this sector. Gone were the days when transactions takes time and are filled with uncertainties now with the improved technology and arrival of totally new concept such as Blockchain will reduce uncertainties to zero and maintain a firm data base of all the changes made by a firm or an individual. Digitalization has lowered the cost made services better and introduced seamless experience in this sector and also increased the accessibility to wide range of customers. The report comprises of following technological innovations in this sector Inclusion of new business models in FinTech Impact of Blockchain in current system and its evolution in coming years Digitalization as the central part in technological revolution Artificial Intelligence & Machine Learning in Finance Big data & NLP in Finance Automation(RPA) in finance service sector Cloud computing in finance service sector Cybersecurity Thu, 28 Jun 2018 00:00:00 +0100