A new IDC forecast says worldwide IT spending will decline 2.7% in constant currency terms in 2020 as COVID-19 impacts the global economy and forces organizations around the world to respond with contingency planning and spending cuts in the short term.
During this unprecedented time, there is a lot of uncertainty. That’s why Mission Critical magazine is working closely with Clear Seas Research, a BNP Media company, to keep you up-to-date on coronavirus coverage and how it is affecting the industry.
In a IoT Commercial Adoption Survey, the Eclipse Foundation found that the internet of things (IoT) adoption is growing, though “slower than the hype would indicate.” The nonprofit that facilities open source software collaboration and innovation conducted the survey in 2019. Just under 40% of the organizations are currently deploying IoT solutions, and another 22% said they plan to begin deploying IoT within the next 2 years.
The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a survey recently released by the Associated General Contractors of America (AGC). The survey results show how quickly market conditions have changed compared to data showing a majority of metro areas added construction jobs through January.
John Daniels, BICSI’s Executive Director and Chief Executive Officer, talks to CI&M’s Patrick McLaughlin about how BICSI members provide the enabling technology that allows organizations across all industries to transform their operations.
Structured Cabling Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 – 2028
Value of the structured cabling market was estimated at nearly US$ 16 billion in 2018, and is forecast to record a CAGR of approximately 8% through 2028. North America remains the leading market for structured cabling, driven by the proliferation of data center project. 5G technology is expected to pave lucrative growth opportunities for the structured cabling market, upheld by increasing palpability of the technology’s trials and deployments worldwide.
5G has arrived – but 4G is still king: 4G was the world’s dominant mobile technology last year, supporting more than half (52 per cent) of global connections. Despite the emergence of 5G, 4G will continue to grow over the coming years, increasing to account for 56 per cent of connections by 2025.
The annual State of the Edge report’s third edition focuses on what impact edge computing is expected to have in the next ten years. It interprets the profound re-architecting of the Internet being driven by edge computing and adds over a year of updates from the edge community.
In its outlook for 2020, R&M has identified 8 key trends spanning across public, data center and local area networks.These include: Convergence, Single Pair Ethernet vs. Field Bus, Leveraging FTTX, WDM and Blown Microfiber, Leveraging 5G, Greater Importance of the Edge, High Density Data Centers, and Automated Infrastructure Management in Data Centers.
The smart cities market is expected to grow from USD 308 Billion in 2018 to USD 717 Billion by 2023, at a CAGR of 18.4%. The Smart Cities Market has witnessed substantial growth, owing to need for public safety and communications infrastructure, increasing number of government initiatives and PPP models for smart cities, growing adoption of connected and smart technologies in smart cities initiatives,optimizing the use of energy during peak hours, and citizen empowerment and engagement.