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Company Insights
Visa – Enterprise Tech Ecosystem Series
Visa has been focusing on using technologies like AI, cybersecurity, blockchain, cloud, and big data to enhance operations and improve customer service. The annual ICT spending of Visa was estimated at $3.6 billion in 2022. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. It is a global digital payment technology company catering to individual and commercial clients, financial institutions, government entities, and merchants. It facilitates global ecommerce through digital payments and...
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Thematic Analysis
Cybersecurity in Foodservice – Thematic Research
The global cybersecurity revenue in foodservice was $1.2 billion in 2020. The market is expected to grow at a CAGR of more than 11% during the forecast period. The COVID-19 pandemic forced foodservice companies to digitally transform, shifting to online delivery, remote communication with employees, and digitalizing supply chain management. Foodservice suppliers that neglect the cybersecurity of operational technology (OT) are at risk of increasingly frequent and complex ransomware attacks, as evidenced by JBS’ ransomware attack in 2021. The growth...