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Showing posts from August 28, 2017

Key market players are already preparing for the benefits of mobile integration in the smart home

ABI Research reveals that, Apple’s HomeKit initiative provides the ability to better understand its customer base and sell additional devices and services into consumers’ homes. Google gains additional insight into its consumers’ behaviors that will support its core advertising revenue stream. Amazon, a much smaller mobile market player, already set its sights on smart home services to help understand and target its customer relationships.

There are a number of drivers pushing mobile integration into the smart home

Several studies reveal that, there are a number of drivers pushing mobile integration into the smart home, but the value of end user data is prominent. ‘’Any mobile player that can push to provide smart home management can leverage that data to extend their core services, as well as be the data gatekeeper for a range of partners across multiple industries,” says Jonathan Collins, Research Director at ABI Research.

The smart home is battleground for a range of established players and new entrants

It is now obvious that, the smart home is battleground for a range of established players and new entrants each seeking to gain a major foothold in the emerging market. In a bid to leverage their global user bases, mobile device and OS vendors are increasingly integrating their offerings into smart home platforms and controllers.

IT consolidation and IT modernization in the IT Market

Overall, the IT market is on an interesting curve in terms of growth. One can observe that, digital transformation and blockchain technology adoption increase, and Digital transformation in industry verticals such as the BFSI and manufacturing sectors is driving the blockchain technology market. In the manufacturing sector, supply chain management systems are being transformed to increase the efficiency of operations. For many analysts, the increase in IT consolidations and IT modernization is taking place to improve the operational efficiency of organizations and to achieve economies of scale, which is driving the IT market. The ever-increasing consolidation of IT infrastructures such as data centers and networking systems in the organizations are forcing C-suite executives to implement advanced IT service delivery models such as shared and managed IT services. Among Key vendors, we have Hewlett Packard Enterprise, IBM, Microsoft, and Oracle.

Companies at the forefront of monetizing of the Internet of Things (IoT)

Steadily, one can observe that, a few industry leaders are taking active steps to address future opportunities in the Internet of Things (IoT). Gemalto’s IoT platform allows for both original equipment manufacturers and cloud service providers to implement flexible monetization models. According toABI Research, Ericsson is at the forefront of monetizing the IoT, tackling connectivity, data management, and analytics. Bosch’s platform bridges open source applications and open standards with cloud services and IoT projects. ABI Research forecasts that in 2017 the total installed base of connected devices will reach 27 billion.  This number is expected to hit 55 billion by 2022, further fueling the IoT shift.

Internet of Things (IoT) data sharing, exchanging, and even selling initiatives

It is now clear that, Internet of Things (IoT)data sharing, exchanging, and even selling initiatives will not be just additional aspects of the IoT environment. ‘’From the creation of application enablement platforms and innovative management services, to artificial intelligence and machine vision applications, we will experience transformative data governance and exchange services between all intertwined verticals,” says Dimitrios Pavlakis, Industry Analyst at ABI Research.

Data exchange as a new form of currency in the Internet of Things (IoT) ecosystem

It is now obvious that, a significant percentage of companies are witnessing a shift in customer and machine data; but very few of them have a strategy in place. Even leading vendors across multiple sectors are aware that they are sitting on a treasure trove of customer and machine data but are unable to monetize it to its full potential.

The Internet of Things (IoT) ecosystem is set to bring forth a myriad of new technologies

For many analysts, the Internet of Things (IoT) ecosystem is set to bring forth a myriad of new technologies, devices, and communication protocols, all fighting for dominance as established and new vendor entrants attempt to get a bigger slice of the market. However, ABI Research believes that it is also evolving at such a rapid pace that its future will bring forth a whole new spectrum of data analytics and related services. This is not only set to transform the IoT landscape but also shift the focus of how companies operate in the coming years by emphasizing data exchange as a new form of currency.

Here is what explains the increasing demand of Unmanned Maritime Vehicles (UMVs)

For those who are unfamiliar, Unmanned Maritime Vehicles (UMVs), also known as unmanned sea systems (USSs), are robotic fleets that operate on the surface of sea or under the sea. One can observe that, UMV technology market is evolving rapidly along with a rising demand for deep-water exploitation, environmental monitoring, regional tensions and anti-terrorism war. The Global Unmanned Maritime Vehicles (UMVs) Market represents a cumulative Capex of $66.9 billion during 2017-2025 driven by the increasing adoption of remotely operated vehicles (ROVs), autonomous underwater vehicles (AUVs), and unmanned surface vehicles (USVs) across the globe, according to Research and Markets.

Current prominent trends in the global Network Configuration and Change Management (NCCM) Market

For many analysts, some of the prominent trends that the market is witnessing are enabling mass multiple updates of device configurations, perform discovery and support inventory asset management through integrations with other data sources. The Global Network Configuration and Change Management (NCCM) Market is poised to grow at a CAGR of around 7.6% over the next decade to reach approximately $2152.61 million by 2025, according to Research and Markets.

Some of the major growth opportunities for the global API Management market

Steadily, one can observe that, some of the major growth opportunities for the global API Management market include rising adoption of Internet of Things (IoTs), service-oriented architecture (SOA) and platform as a service (PAAS). But, the growth in global API Management market is restricted by major restraint including security-related issues linked to APIs. The limitation of server availability, performance monitoring and legacy investments in service-oriented architecture (SOA) are expected to be some of the key challenges in the growth across the global API Management market over the forecast period 2016-2023, according to Research and Markets.

The Digital Media Industry in Norway 2017-2020

The most exciting is to recall that, the digital media in Norway industry is on an exciting curve of growth. Research and Markets reveals that, the industry has surpassed revenues of USD 250 million in 2015. The demand for video streaming services is at the core of stakes. For many analysts it is expected that the digital media industry in Norway will surpass a value of USD 425 million by the end of 2020.