Best-in-Class Workforce Management Software from Industry Experts

Global Market Predictions For 2015| Growth And Innovation Report By IDC

December 29th, 2014 | Posted by Apex Time Solutions in Time and Attendance On-Demand | Time and Attendance Solution | Workforce Analytics | Workforce Management Solutions

Well respected industry behemoth International Data Corporation (IDC) released its annual prediction report that covers all things technology including; analytics, mobile computing, Internet of Things, cloud computing and, social networking. It’s a report that will be encouraging to many businesses after years of a slow economy that took shape after the 2008 downturn.

In no particular order, here are some of the highlights of this report, including areas that will experience growth:

  1. Big data and analytics will see important developments in 2015 as worldwide spending on big data-related software, hardware, and services grows to $125 billion. Rich media analytics (video, audio, and image) will emerge as an important driver of big data projects. And big data supply chains (i.e. Data as a Service) will grow in importance as cloud platform and analytics vendors offer clients value-added information from commercial and open data sets.
  2. China will experience skyrocketing influence on the global Accelerating Innovation (ICT) market in 2015 with spending that will account for 43% of all industry growth, one third of all smartphone purchases, and about one third of all online shoppers.
  3. Cloud services will remain a hotbed of activity in 2015 with $118 billion in spending on the greater cloud ecosystem. Adoption of cloud Infrastructure as a Service (IaaS) will grow briskly (36%) as market leader Amazon comes under attack from all directions as challengers attempt the “Amazoning of Amazon”.
  4. Worldwide Accelerating Innovation (ICT) spending will grow 3.8% in 2015 to more than $3.8 trillion.
  5. Telecommunications services will see wireless data emerge as the largest ($536 billion) and fastest growing (13%) segment of telecom spending. To avoid being marginalized as little more than infrastructure providers, carriers will scramble to develop platform- and API-based services that add value and attract developers to their networks. They will also seek rapprochement with over-the-top (OTT) cloud services providers through innovative performance and revenue-sharing arrangements.

The report is made up of a top ten list of predictions for 2015. You can read the list of predictions in its entirety by going to the IDC website.

To learn more about ATS, you can view a demonstration of our best-of-breed cloud-based time and attendance on our website.

Global Market Predictions For 2015, Growth And Innovation Report By IDC

You can follow any responses to this entry through the RSS 2.0 Both comments and pings are currently closed.