Executive Summary3.1. For many companies, the hybrid cloud is an interim step in the long process of digital transformation. The benefits of edge computing, including reduced latency and lower bandwidth costs, can extend to factories, distribution facilities, autonomous vehicles—essentially any situation where data must be processed locally versus in the cloud or in a data center. Autonomous Things: IT automation examples are everywhere, be it in cars, robots or agriculture. Increasingly, enterprises are viewing AI as essential to their continued innovation and growth. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication. This detailed report on 'Intelligent Network Market' put offers a succinct study on regional forecast, industry size, Revenue estimations related to the industry. Because of these coming changes, technological skills won’t be the only focus points for hiring managers. IoT is unfurling an exciting new frontier for man’s interaction with technology. Market Estimation2.1.4. The year 2020 will again, be a year of big data. Given this acceleration, cyber criminals will no doubt be ready and waiting with more sophisticated forms of ransomware to steal and damage business-critical data. Your email address will not be published. https://brandessenceresearch.biz/Request/Sample?ResearchPostId=411&RequestType=Methodology, https://brandessenceresearch.biz/ICT-and-Media/Intelligent-Network-Market/Summary, Legendary investor called this stock market a ‘Real McCoy’ bubble, and now Jeremy Grantham’s fund is trailing the S&P 500 by 14 percentage points, I’ve already been injected with a COVID vaccine. Technologies like Artificial Intelligence, Machine Learning, Cloud, Blockchain and many more became the brainstorming topics of discussion for boardrooms, whereas 5G was the show stopper the whole year. New product launches and continuous technological innovations are the key strategies adopted by the major players. As tech companies pursue growth in the coming year, cybersecurity and the ethics of AI will likely be among their … Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)5.3.4. Satish Kumar V, CEO at EverestIMS 2019 was more about laying the groundwork for these massive tectonic shifts in the IT industry. We expect to see more and more portable and fixed networks with local high-capacity, low-latency, real-time processing capabilities that embed analytics and AI to transform the customer experience. Thus, IoT will be unlocking greater value in India and enables in transforming lives. The report Intelligent Network offers a complete market outlook and development rate during the past, present, and the forecast period, with concise study, Intelligent Network market effectively defines the market value, volume, price trend, and development opportunities. By 2030, more than one in three workers will likely need to be reskilled as AI changes their jobs by automating routine tasks. Deloitte’s global technology, media, and telecommunications industry leader, Paul Sallomi, shares his perspectives on the advantages of processing data locally and how partnerships will play a key role in accelerating growth in technology. Below are the technology trends from industry leaders that are likely to bring significant innovation and growth in 2020 and in the years to come. About Us: Brandessence Market Research and Consulting Pvt. Many start-ups and companies are heavily investing in breaking new ground. Ltd. All Rights Reserved. Another area of concern for tech companies and enterprises is cybersecurity—including AI-enabled attacks that are becoming more advanced and serious. Learn how this new reality is coming together and what it will mean for you and your industry. With newer technologies such as AI and IoT paving their way into industrial and consumer-oriented companies, tech innovations are moving at a speedier pace than expected. DTTL and each of its member firms are legally separate and independent entities. Small & Medium Sized Enterprise7.3.1.1. Increasingly, enterprises are viewing AI as essential to their continued innovation and growth. 2020 technology industry outlook Edge computing is accelerating growth in technology. The year 2020 will again, be a year of big data. Firewalls with embedded machine learning capabilities can identify patterns in network traffic and flag potential threats. Experts have already predicted there to be around 44 trillion gigabytes (44 zettabytes) of data by 2020. These technologies will continue to impact businesses in 2020 and will certainly become integral parts of companies’ plans to lead in the future. Currency Conversion Rates1.6. At the same time, enterprises are increasingly combining cloud services from multiple providers, enabling them to assess the strengths and weaknesses of each before committing for the longer term. Of course, mergers, acquisitions, and divestitures will remain viable growth strategies for tech companies, with revenue growth, tech assets, and intellectual property expected to be the top drivers. The increased capacity for rapid data exchange is likely to have significant implications for cybersecurity, regulatory compliance, and risk management. Nov 25, 2020 (Market Insight Reports) — Is the stock market open Thanksgiving day and Black Friday? In many cases, cloud providers possess far greater security capabilities and expertise than most businesses could ever hope to develop themselves. With the rise of super apps, connected devices, IoT, Wi-Fi enabled services and cross-functional customer platforms, historic volumes of data can be expected across all industries. Canada8.2.2.1. Its reach has been so much widespread that it is now an integral part of any IT operations. After all, why buy an underwhelming asset rather than team with someone who has the specific capabilities you need? Technology Scouting Tools industry report segmented into … Given the lack of a consistent global regulatory standard, tech companies must closely monitor developments in this space; the price for not doing so can be steep, including potential audits and monetary penalties that may affect brand reputation. Nikhil Korgaonkar, Regional Director India & SAARC at Arcserve 2020 Technology Industry Outlook has been saved, 2020 Technology Industry Outlook has been removed, An Article Titled 2020 Technology Industry Outlook already exists in Saved items. To thrive in the next decade, companies will likely need to harvest data and visualize its implications across the organization. Research Objective1.2. New ERP systems can help with harvesting “one version of the truth,” but this technology must be complemented by transformed processes that enable consistent access enterprisewide. Key opportunities, trends, and challenges We shall all agree to the fact that the revolution in digital space has encouraged and led organizations to innumerable innovations & improve business outcomes. As these improvements start entering the mainstream we will observe even better permeation of IoT across personal, commercial and industrial usage in 2020. Technologies like Artificial Intelligence, Machine Learning, Cloud, Blockchain and many more became the brainstorming topics of discussion for boardrooms, where as 5G was the show stopper the whole year. Other Issues. For relevant content at your fingertips, download the Dow Jones and Deloitte Insights app. They are taking a more tailored approach to get control of our digital assets, making it more critical than ever to have solutions in place that secure and protect them. ‘While AI delivers a host of potential benefits, it also brings risks—particularly in the area of ethics.’. Global Intelligent Network Market, By Application5.1. DTTL and each of its member firms are legally separate and independent entities. While familiar themes such as cloud computing and AI promise to continue dominating technology headlines in the coming year, 2020 could be a breakout year for edge computing. Edge Computing Solutions: With the adoption of data intense technologies and devices, the quantity of data we’re dealing with continues to increase. Large Enterprises7.3.2.1. Traffic Prediction and Classification5.3.2.1. Scope of The Study1.4. Get the Wall Street Journal $12 for 12 weeks. To develop and expand their cloud business, many tech companies are increasingly shifting toward the everything-as-a-service (XaaS) model, which encompasses capabilities such as platform as a service (PaaS), infrastructure as a service (IaaS), and software as a service (SaaS). Historical and current end-of-day data provided by FACTSET. You have entered an incorrect email address! Smart Spaces: Based on the digital technologies, automation and IoT devices, ‘Smart Space’ is a concept of making an intelligent living and work environment. Tech companies are also offering new solutions like security as a service, data as a service, and device as a service to help deliver XaaS benefits such as operational efficiency and faster innovation.