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GlobalData
GlobalData

Technology

India’s enterprise ICT market to increase at 17.1% CAGR in value over 2023-2028, forecasts GlobalData

The total revenue opportunity for the enterprise ICT market in India is set to increase at a healthy compound annual growth rate (CAGR) of 17.1%, driven by the ongoing digital transformation initiatives taken up by businesses and government, forecasts GlobalData, a leading data and analytics company. GlobalData’s India Enterprise ICT Country Intelligence Report indicates that […]
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UK UC&C market thrives with shift to cloud and AI-driven solutions, says GlobalData

The UK’s unified collaboration and communications (UC&C) market is witnessing heightened competition, benefiting enterprise customers with a broader range of service options. Providers are increasingly transitioning from on-premises to cloud-based solutions, enhancing flexibility and scalability. With the rise of AI-driven features, businesses are strategically selecting partners that offer both cost efficiency and innovative tools to […]
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Zoom undergoes GenAI-driven renaissance, says GlobalData

Zoom Video Communications Inc (Zoom) has recently unveiled a wide array of new and upcoming platform enhancements powered by generative AI (GenAI) at its annual showcase event “Zoomtopia 2024.” The announcements were compelling for their sheer volume, breadth, and substance and continue the renaissance of Zoom’s platform that began one year ago at Zoomtopia 2023, […]
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Tripleplay and quadrupleplay to drive overall multiplay services market in South Korea during 2023-2028, forecasts GlobalData

South Korea’s multiplay services market is set for steady growth between 2023 and 2028, driven primarily by tripleplay and quadrupleplay bundles. Increased demand for high-speed fiber broadband and value-added services like IPTV and OTT video will boost household spending on these packages. While doubleplay remains dominant, quadrupleplay is projected to see the fastest growth, supported […]
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Enterprises mandate FinOps practices to ensure financial and performance improvements, says GlobalData

Triggered by the DevOps trend toward the continuous integration and continuous delivery (CICD) of modern application architectures, financial operations (FinOps) initiatives are growing in importance. The practice of FinOps represents a relatively new operational framework and initiative growing in recognition among enterprises undergoing digital transformations by migrating applications to the cloud and/or creating cloud-native apps. […]
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System integrators will play a key role in helping enterprise customers experiment and implement GenAI-powered solutions, says GlobalData

IT services providers (ITSP) are well-positioned to assist enterprises in generative artificial intelligence (GenAI) experimentation and implementation. Different technology firms focus on solving problems such as the AI models, hardware, infrastructure, and products and applications, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Generative AI Watch: IT Services Providers Invest to […]
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Wave 2 Copilot launch reinforces Microsoft leadership in team collaboration space, says GlobalData

Microsoft has introduced a series of generative AI (GenAI) based office productivity tools at the recently held “Microsoft 365 Copilot: Wave 2” event, further cementing its leadership position in the team collaboration space. Although Microsoft is playing catch-up with some of the capabilities and generally releasing them long after they were first announced, its comprehensive […]
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Dublin data center denial highlights growing challenges in green power and connectivity for AI expansion, says GlobalData

The recent denial of a Google Data Center at Grange Castle Business Park in Dublin highlights the growing challenges in powering and constructing new data facilities. As power hungry technologies such as artificial intelligence (AI) expand, there is an increasing need for sustainable power solutions and enhanced data connectivity. Balancing the demands of AI with […]
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Diversity improves telco performance and increasingly matters for access to contracts, says GlobalData

Continued adoption of diversity targets and improved reporting of race, disability, and gender identification is found to be helpful in improving the performance of telecom companies, according to an analysis of UK leading service providers to enterprise customers conducted by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology & Services […]
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Fiber broadband to drive Indonesia fixed communication services revenue at 4.6% CAGR during 2024-29, forecasts GlobalData

The fixed communication services revenue in Indonesia is forecast to increase at a compound annual growth rate (CAGR) of 4.6% from $3.2 billion in 2024 to $4 billion in 2029 as fiber broadband service adoption gains traction, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Fixed Communications Forecast (Q2 2024) reveals that […]
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NZ fixed communication market set for modest growth, driven by fiber broadband expansion, reveals GlobalData

New Zealand’s (NZ) fixed communication services market is poised for a modest growth, with revenue expected to rise from $1.3 billion in 2024 to $1.4 billion by 2029. This growth is driven by increasing demand for fixed broadband, particularly fiber-to-the-home/business (FTTH/B) connections, while investments in fiber infrastructure continue to advance the country’s high-speed broadband capabilities, […]
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GenAI-driven synthetic data can address shortfall of data when training new AI algorithms, says GlobalData

Synthetic data, generated through advanced generative artificial intelligence (GenAI), is emerging as a crucial solution to address the impending shortfall of data needed to train advanced AI algorithms. By providing a scalable and efficient alternative, synthetic data is not only ensuring robust AI development but also driving innovation and operational efficiency across industries, all while […]
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RingCentral’s new AI contact center capabilities late in introduction with almost no differentiation, says GlobalData

One year after announcing its RingCX contact center platform, RingCentral unveiled four upcoming features infused with artificial intelligence (AI) that address the needs of both contact center agents and supervisors. The features will be available in the US in the coming months through an early access program as well as internationally and through strategic partners […]
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Telcos should adopt pragmatic approach to verticalizing B2B sales by leveraging core horizontal strengths, says GlobalData

Most telecom companies operating in the enterprise market often alternate between verticalized and horizontal sales strategies. While verticalization aims to deepen sector-specific partnerships and boost B2B sales, it often leads to unrealistic expectations and strategic recalibration. To achieve sustainable growth, telcos should adopt a pragmatic approach, focusing on their core horizontal strengths—such as connectivity and […]
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