International Data Corporation (IDC) stories - Page 3

OutSystems has launched its AI-driven digital worker, Mentor, on the OutSystems Developer Cloud to enhance software development efficiency and quality.

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

Dynatrace has unveiled enhanced AI observability capabilities, designed to optimise performance and compliance for businesses as AI technology spending surges.

A recent IDC report reveals the growing significance of automation and AI in firewall policy management, predicting a $15.3 billion market by 2028.

Seagate Technology has begun shipping Exos M hard drive samples with capacities up to 36TB, utilising its Mozaic 3+ platform to enhance data storage solutions.

Global shipments of wearable devices are set to rise by 6.1% in 2024, hitting 538 million units, although growth is expected to slow in 2025.

A new study by Unit4 advocates a human-first strategy for creating AI-driven workplaces, highlighting the need for cultural shifts and expert roles.

A Malwarebytes report reveals a 63% surge in US ransomware attacks and a 67% rise in the UK. The US healthcare sector is particularly hard-hit, enduring 71% of global attacks.

Global smartphone shipments are predicted to drop 4.7% in 2023 to 1.15 billion units, the lowest volume in a decade, says IDC.

Although annual spending growth is expected to slow slightly over the 2023-2027 forecast period, the market is forecast to achieve a five-year CAGR of 19.9%.

Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023.

Global shipments of smart home devices are expected to remain low until 2024, after experiencing a decline in Q1 2023, according to IDC.

Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.

The downturn in 2022 was brought on by difficult year-over-year comparisons following the market's dramatic growth during the first two years of the pandemic.

Worsening macroeconomic conditions have led to a reduction in the outlook for global smart home device shipments according to IDC.

Worldwide spending on augmented reality and virtual reality is forecast to reach $13.8 billion this year and grow to $50.9 billion in 2026.

59% of respondents believe 2023 will be a recession year. Of these, nearly 30% believe we are amidst a recession. Another 26% expect a recession in later 2022.

Edge computing and edge deployments are crucial to digital-first operations, according to a new whitepaper from Schneider Electric.

Edge computing is a critical enabler of a transition to digital-first connected operations, according to a new report from Schneider Electric.

As backlogs continue to grow, pent-up demand bodes well for future growth as long as the economy stays healthy, and supply catches up to demand.