Artificial Intelligence
Digital Transformation Market: Oracle Unveils Oracle Cloud Observability and Management Platform to Manage Multi Cloud Environment
Pune, India, Aug. 26, 2021 (GLOBE NEWSWIRE) — The global digital transformation market is expected to gain impetus from the emergence of industrial automation in a wide range of industries. Robots are able to control several core industrial processes efficiently. Fortune Business Insights™ published this information in a new report, titled, “Digital Transformation Market, 2021-2028.” The report further states that market size was USD 737.88 billion in 2020 and is projected to reach USD 3,546.80 billion by 2028, exhibiting a CAGR of 22.1% during the forecast period. The expansion of the automotive industry worldwide would result in the rising implementation of industrial robotics. The International Federation of Robotics (IFR), for instance, declared that in 2017, around 2.1 million stand-alone automotive and industrial robots were installed worldwide.
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A list of all the prominent digital transformation service providers operating in the market:
- Amazon Web Services (Washington, United States)
- Oracle Corporation (California, United States)
- Microsoft Corporation (Mexico, United States)
- VMware, Inc. (California, United States)
- SAP SE (Walldorf, Germany)
- IBM Corporation (New York, United States)
- Salesforce.com Inc. (California, United States)
- HCL Technologies Limited (Noida, India)
- Wipro Limited (Bengaluru, India)
- Accenture plc (Dublin, Ireland)
- Cisco Systems, Inc. (California, United States)
- Teradata Corporation (California, United States)
- Cloudera, Inc. (California, United States)
- Tableau Software (Washington, United States)
- Huawei Technologies Co., Ltd. (Shenzhen, China)
- Apple Inc. (California, United States)
- NVIDIA Corporation (California, United States)
REPORT SCOPE & SEGMENTATION:
Report Coverage | Details |
Forecast Period | 2021 to 2028 |
Forecast Period 2021 to 2028 CAGR | 22.1% |
2028 Value Projection | USD 3,546.80 Billion |
Base Year | 2020 |
Market Size in 2020 | USD 737.88 Billion |
Historical Data for | 2017 to 2019 |
No. of Pages | 140 |
Tables, Charts & Figures | 114 |
Segments covered | Technology; Enterprise Size; Deployment Model; Industry Vertical; and Region |
Growth Drivers | Inclination of Organizations Toward Digital Technologies to Drive Growth |
Increasing Adoption of Cloud Computing & Big Data to Favor Growth | |
Increasing Demand for Customer-centric Business Models to Accelerate Growth | |
Pitfalls & Challenges | Data Privacy and Security Concerns Associated with Adoption of Digital Technologies May Hinder Digital Transformation Market Growth |
COVID-19 Pandemic: Shutdown of Manufacturing Facilities to Obstruct Growth
The COVID-19 pandemic has affected the economic scenario across the globe on account of the nationwide lockdown measures. In the first quarter of 2020, the digital transformation industry exhibited a mixed impact owing to the gradual slowdown. Several companies have shut down their manufacturing facilities. But, the industry will gradually gain traction as more companies are adopting unique technologies, such as industrial robots and clouds. We are offering accurate research reports to help you better understand the current scenario.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/enquiry/queries/digital-transformation-market-104878
Segmentation-
Fortune Business Insights™ says BFSI Segment Procured a Share of 26.0% in 2019
We have divided the market into technology, enterprise size, deployment model, industry vertical, and region. Based on technology, the market is segregated into cloud computing, big data and analytics, social media/mobility services, robotics, artificial intelligence (AI), internet of things (IoT), and others. In terms of enterprise size, it is bifurcated into large enterprises and small and medium sized enterprises (SMEs). By deployment model, it is classified as on-premises and cloud. Lastly, by industry vertical, it is segmented into banking, financial services and insurance (BFSI), manufacturing, IT and telecommunications, retail and consumer goods, healthcare, transportation and logistics, media and entertainment, government, and others. In 2019, the BFSI segment generated 26.0% in terms of the digital transformation market share because of the increasing need to meet the changing customer demand.
Report Coverage-
This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides digital transformation industry dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size.
Drivers & Restraints-
Increasing Adoption of Cloud Computing & Big Data to Favor Growth
Several enterprises are slowly entering into a new customer engagement era stoked by the evolving regulatory environment and rapid technological changes. In this era, digital technologies are considered to be essential. Hence, these companies are adopting artificial intelligence, cloud computing, and big data technologies to bolster the organizational growth. They are striving to change conventional business models to modern strategies. However, the increasing risks of security breaches and cyber-attacks may hinder the digital transformation market growth in the near future.
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Regional Insights-
Rising Penetration of Internet to Accelerate Growth in North America
Geographically, North America generated USD 234.73 billion in 2020. It is expected to remain at the forefront fueled by the increasing penetration of the internet in a wide range of industry verticals, such as manufacturing, retail, and healthcare. On the other hand, Europe is anticipated to grow significantly on account of the rapid digitalization in economies and societies. In Asia Pacific, the digital transformation industry is likely to grow remarkably attributable to the need to automate labor-intensive tasks by using robots in China.
Competitive Landscape-
Key Players Aim to Fulfil Demand by Introducing State-of-the-art Solutions
The global market possesses a large number of companies that are majorly focusing on launching innovative solutions to cater to the specific requirements of users. Below are the two latest industry developments:
- October 2020: Oracle launched its Oracle Cloud Observability and Management Platform. This would aid customers to remove the cost, risk, and complexity associated with managing on-premises and multi cloud environments.
- February 2019: SAP SE introduced SAP Leonardo Internet of Things (IoT) capabilities. These would drive and generate digital transformation for Industry 4.0 and Industrial IoT. The company also unveiled cloud-to-cloud interoperability with Microsoft Azure IoT Hub.
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Major Table of Content for Digital Transformation Market:
- Introduction
- Definition, By Segment
- Research Methodology/Approach
- Data Sources
- Key Takeaways
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Force Analysis
- Global Digital Transformation Key Players Market Share Insights and Analysis, 2020
- Key Market Insights and Strategic Recommendations
- Companies Profiled (Covered for key 10 players only)
- Overview
- Key Management
- Headquarters etc.
- Offerings/Business Segments
- Key Details (Subjected to data availability in public domain and/or on paid databases)
- Employee Size
- Key Financials
- Past and Current Revenue
- Geographical Share
- Business Segment Share
- Recent Developments
- Overview
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Artificial Intelligence
LTA’s Padel Programme Teams Up with Skylab for Enhanced Performance Analytics
MANCHESTER, England, April 17, 2024 /PRNewswire/ — Skylab, a UK-based specialist in sports technology and performance analysis, proudly announces its partnership with LTA Padel, solidifying its position as a premier provider of specialised services in the sports industry. This collaboration underscores Skylab’s commitment to excellence and showcases its ability to deliver innovative and diverse solutions tailored specifically for elite sports organisations like LTA Padel.
The LTA’s Padel performance programme in Great Britain will utilise Skylab’s Game Intelligence product and Performance Analysis services. The software will empower athletes and coaches alike with interactive and detailed match data, seamlessly integrated into intuitive dashboards that create automated video playlists. The Padel team at the LTA will gain a deeper understanding of padel at the elite level to support their talent identification, player pathway and coaching strategies as they strive to compete with the world’s best.
“Previously, Padel players lacked accurate and robust performance data, which made it impossible to analyse the opposition in detail. Coaches couldn’t answer their players’ key performance questions quickly, and performance directors had to rely on gut feeling and experience when evidencing what elite Padel looks like. However, our product and services provide practitioners with insights into the technical and tactical aspects of the game, as well as the physical demands required for elite-level performance. This allows practitioners to understand and predict the future performance of their players, enabling them to make data-informed decisions” says Ciaran Skinner, Business Development Manager, Skylab.
Skylab is a first-of-its-kind sports technology firm, offering tailored, market-leading Performance Analysis services and bespoke web platforms to elite sporting clients. It revolutionises how elite sports teams and individuals interact, use, and visualise their data. By packaging performance analysis with industry leading UX and bespoke software, partners will be in the position to make better decisions in sport.
For more information about Skylab and its services, please visit skylab.com or contact [email protected]
Notes
Website: www.skylab.com
https://skylab.com/padel-performance-insights/
Social:
LinkedIn – Skylab: https://www.linkedin.com/company/studio-skylab
LinkedIn – Skylab: Elite Performance Analysis: www.linkedin.com/company/skylab-epa/
About Skylab
Skylab is a first-of-its-kind sports technology firm, offering tailored, market-leading Performance Analysis services and bespoke web platforms to elite sporting clients. It revolutionises how elite sports teams and individuals interact, use, and visualise their data. By packaging performance analysis with industry leading UX and bespoke software, partners will be in the position to make better decisions in sport. Current clients include elite teams and organisations across Padel, Football, Athletics, Tennis, Rowing and more.
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View original content:https://www.prnewswire.co.uk/news-releases/ltas-padel-programme-teams-up-with-skylab-for-enhanced-performance-analytics-302119847.html
Artificial Intelligence
Unisys Digital Workplace Solutions Receives HDI’s IT Support Center Recertification, Recognizing Continued Excellence in IT Support
Certification highlights the company’s ongoing optimization of IT support and recognizes Unisys as the only globally certified managed service provider
BLUE BELL, Pa., April 17, 2024 /PRNewswire/ — Unisys (NYSE: UIS) has achieved recertification through HDI’s IT Support Center Certification program, demonstrating the company’s commitment to exceeding IT support expectations and achieving biannual recertification. HDI is the leading organization dedicated to elevating technical support and service management across enterprises.
HDI’s Support Center Certification is based on an internationally recognized standard for best practices in IT support and global validation of organizations with support divisions that operate efficiently and effectively, ultimately leading to increased customer satisfaction and retention. The audit demonstrated that Unisys provides world-class desk services to its clients and that Unisys customer experience measures are significantly more advanced than those of most organizations.
“I congratulate the entire Unisys team on achieving HDI Support Center Certification for their Global Service Desk,” said Tara Gibb, senior director, HDI. “As an HDI-Certified Support Center, Unisys Global Service Desk is part of an elite circle of support centers dedicated to quality operations, continuous improvement, strategic vision, a positive work environment and high levels of customer service.”
This assessment of Unisys reflects a 15% increase in overall performance and significant strides since the last certification audit in 2021. Key strengths highlighted in the recertification report include adding the Experience Management Office into the overall delivery model, implementing 14 Experience Level Agreements (XLA) in the production environment and focusing on proactive business development predictive experiences. Unisys received high marks for overall leadership, strategy and policy, and people management.
“The recertification represents the continuous work of our team to optimize IT support operations, progress the maturity of our advanced Global Service Desk capability and maintain our commitment to helping our clients achieve breakthroughs with superior IT support,” said Patrycja Sobera, global vice president, Digital Workplace Solutions Delivery, Unisys.
Patrycja Sobera has also been highlighted as one of HDI’s Top 25 Thought Leaders for 2024, and Unisys has been named a finalist in four key categories of the 2024 HDI Global Service and Support Awards:
Best Service and Support ManagerBest Service Improvement InitiativeBest Customer ExperienceBest Use of TechnologyThe HDI Global Service and Support Awards 2024 winners will be revealed at HDI SupportWorld Live in May 2024. In 2023, Unisys was named the winner in the Best Culture and Best Support Organization categories.
To learn more about the company’s global service desk offerings, click here.
About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world’s leading organizations. Our solutions – cloud, data and AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what’s possible for 150 years, visit unisys.com and follow us on LinkedIn.
RELEASE NO.: 0417/9944Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.UIS-C
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Artificial Intelligence
Huawei Introduces AI Technologies to Accelerate Network Transformation Towards All Intelligence in the Net5.5G Era
SHENZHEN, China, April 17, 2024 /PRNewswire/ — At Huawei Analyst Summit 2024, Steven Zhao, Vice President of Huawei’s Data Communication Product Line, delivered a speech entitled “Accelerating Network Transformation Towards All Intelligence”. Mr. Zhao shed light on how Huawei introduced AI technologies to upgrade network capabilities at case-, process-, and system-levels and accelerate network intelligence. Participants, including industry partners, also explored the current trends and future prospects of the Net5.5G industry.
“As AI technologies advance, we see the inflection point for deploying network intelligence. Networks need to be deeply integrated with AI technologies, propelling Net5.5G networks into the intelligent era,” said Steven Zhao. “We believe network innovation in the Net5.5G era covers two aspects: AI for Networks and Networks for AI. An intelligent network entails intelligent network elements (NEs), digital twins, and generative AI, which underpin efficient, intelligent network operations. And AI-powered network solutions accurately meet the needs of intelligent networks and, more importantly, turbocharge AI training and maximize the transmission capacity of intelligent computing.”
Huawei has pioneered in applying network intelligence technologies to the data communication field. Specifically, Huawei’s groundbreaking Net Master (powered by generative AI) and HD network digital map accelerate the pace towards L4 autonomous networks. Net5.5G High-Quality 10 Gbps CloudCampus leverages AI technologies to upgrade wireless, application, and operations and maintenance (O&M) experience. And Net5.5G Converged WAN — featuring high throughput, high elasticity, and highly guaranteed performance — offers intelligent transmission capacity for the computing power era. HiSec SASE enables intelligent defense and increases security operations efficiency by 100 times.
Ethan, Infrastructure Network Director at iFlytek, shared their innovative practices with Huawei’s Net5.5G Xinghe Data Center Network Solution. This solution empowers iFlytek with a cluster of over 10,000 GPUs/NPUs, improving AI model training efficiency by 17% while slashing AI training interruptions by 80%.
2024 is the first year for Net5.5G commercial use. At this event, the World Broadband Association (WBBA) and its members put forward Net5.5G industry initiatives to build high-speed, premium network infrastructures. China Academy of Information and Communications Technology (CAICT) also delved into Net5.5G next-generation Internet architectures, marking another wave of innovation in network technology.
Steven Zhao called on all industry stakeholders to jointly embrace Net5.5G, introduce intelligent technologies, deploy network digital twins at scale, and inspire AI technology innovation, ultimately accelerating network transformation towards all intelligence.
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View original content:https://www.prnewswire.co.uk/news-releases/huawei-introduces-ai-technologies-to-accelerate-network-transformation-towards-all-intelligence-in-the-net5-5g-era-302119770.html
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