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Accelerating digital transformation for a greener future

Bhushan Patil of Tech Mahindra

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As countries and economies prepare to come out of the pandemic, the way we run businesses will never be the same again, says Bhushan Patil, SVP EMEA, Tech Mahindra.

The pandemic accelerated digital transformation coupled with rapid adoption of ways of working and an increased reliance on technology.

Emerging technologies such as 5G, Artificial Intelligence (AI), the Internet of Things (IoT) and the cloud have created a huge opportunity for businesses to transform their products, processes and improve profitability. The trick will be to do this while improving the sustainability rating of every business.

IDC predicts that by 2022, 70% of organisations across the globe will upgrade their adoption of digital technologies to boost employee productivity, business resilience and create new revenue streams. At the same time, businesses also have the responsibility to move towards sustainable business models to combat global climate change.

The organisations that succeed in years to come will be those that embed sustainability into the very core of their operations.

Taking action to tackle climate change

Climate change has been high on the news agenda in recent years, with one of the most significant events coming in 2019, when the UK, New Zealand and France made laws that commit them to achieving net-zero emissions by 2050. But governments cannot achieve this alone and businesses will play a significant role in achieving their goals of a zero-carbon, resilient and future-proof economy.

Across all sectors, companies are strategising ways to decarbonise their business models to create a greener future. Digital transformation, powered by 5G, Cloud, AI and IoT offer the best solutions to meet these goals.

While there have been concerns around 5G’s energy consumption, its adoption for smart manufacturing and IoT will enable remote monitoring, predictive maintenance, reduction in resource usage and an overall improvement in efficiency throughout the supply chain.

A recent O2 report titled A Greener Connected Future revealed that by implementing 5G solutions, the UK manufacturing sector has the potential to save 40 megatons of carbon emissions by 2035.

Cloud adoption will also drive use of more efficient data centres and the hyperscalers are increasingly running on carbon free clean energy. Google for example, has pledged to use carbon free energy 24/7 for 365 days by 2030.

Not just this, but cloud and AI have proven their sustainable capabilities in industries like healthcare. In the UK, NHS Digital reported that initiatives like moving NHS email servers to the cloud and improving its digital infrastructure could reduce 4,000 tonnes of carbon emissions.

Additionally, by implementing AI solutions during the initial outbreak of the COVID-19 pandemic, doctors and physicians were able to speed up the process of managing and analysing data, allowing for a quick turn-around in diagnosis and vaccinations, whilst also reducing waste through avoiding administrative processes.

We are seeing increased activism and pressure from consumers and employees alike on businesses to demonstrate their sustainability credentials. In order to be truly sustainable, business leaders must take a stance and operate in a way that aligns with the principles of ESG (environmental, social and governance).

Leading the change

We now live in an era where there is a multigenerational understanding of the importance of sustainability. Unily’s report titled Future of the sustainable workplace in the age of COVID-19 and climate change revealed that 65% of UK employees were more likely to work for a company with strong environmental policies. A further 63% expressed the desire to learn more green skills so that they can become more valuable in the workplace.

Wellness of employees, customers and environment before business will be the best agenda every business leader shall pursue to create a sustainable future. Businesses that can leverage new technologies to drive sustainability will not only see an increase in customer satisfaction but also improvements in operational efficiency and profitability.

Creating a sustainable future

As we look ahead, it’s critical for businesses to consider their responsibility to ensure a greener future.

There now exists an opportunity to take charge and drive a positive change. In order to achieve net-zero, businesses must transform their operating models and leverage new technologies to operate sustainably throughout their organisation.

The author is Bhushan Patil, SVP EMEA, Tech Mahindra.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

Source: https://www.iot-now.com/2021/05/13/109932-accelerating-digital-transformation-for-a-greener-future/

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IT Services Market to Record $ 478.39 Bn Growth between 2021 and 2025 | Rising Demand for IoT and Big Data to Boost Growth | Technavio

/PRNewswire/ — The IT services market size is expected to increase by USD 478.39 billion between 2021 and 2025, registering a CAGR of over 8% during the…

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NEW YORK, Oct. 4, 2021 /PRNewswire/ — The IT services market size is expected to increase by USD 478.39 billion between 2021 and 2025, registering a CAGR of over 8% during the forecast period.

Download this IT Services Market Report to uncover new strategies to make the most of future growth opportunities.

Attractive Opportunities in IT Services Market by Service and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in IT Services Market by Service and Geography – Forecast and Analysis 2021-2025

The report on the IT services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The IT services market is analyzed by Service (IT consulting and other services, Internet services and infrastructure, and Data processing and outsources services) and Geography (APAC, North America, Europe, South America, and MEA). The growing demand for IoT and Big Data operations is expected to drive the growth of the IT services market.

In addition, factors such as the growing adoption of edge data centers and the need to adhere to regulatory guidelines and ensure compliance are expected to contribute to the growth of the IT services market during the forecast period.

This report presents a detailed picture of the IT services market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The IT services market covers the following areas:

IT Services Market Sizing
IT Services Market Forecast
IT Services Market Analysis

Companies Mentioned

  • Accenture Plc
  • Cognizant Technology Solutions Corp.
  • DXC Technology Co.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Telefonaktiebolaget LM Ericsson
  • Toshiba Corp.

Subscribe to our “Lite Plan” billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.

Related Reports:
Global Business Information Market – Global business information market is segmented by end-user (BFSI, healthcare and life sciences, manufacturing, retail, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Global ITSM Market – Global ITSM market is segmented by application (CM, ITAM and ITSD, A and PM, NM, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

IT Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 8%

Market growth 2021-2025

$ 478.39 billion

Market structure

Fragmented

YoY growth (%)

6.35

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Telefonaktiebolaget LM Ericsson, and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:

[email protected]

Website:

www.technavio.com/

SOURCE Technavio

The report on the IT services market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Source: https://www.prnewswire.com/news-releases/it-services-market-to-record–478-39-bn-growth-between-2021-and-2025–rising-demand-for-iot-and-big-data-to-boost-growth–technavio-301390099.html

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Cellular IoT Market Worth $15.4 Billion by 2027

Cellular IoT Market is projected to grow from USD 3.9 billion in 2021 to USD 15.4 billion by 2027; it is expected to grow at a CAGR of 25.7%

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Cellular IoTCellular IoT Market is projected to grow from USD 3.9 billion in 2021 to USD 15.4 billion by 2027; it is expected to grow at a CAGR of 25.7%from 2021 to 2027.

Some of the prominent key players are:Quectel (China),Thales Group (France),Fibocom Wireless (China),Telit Communications (UK),u-blox Holding (Switzerland,)

The key factors fueling the growth of the market include the increasing deployment of cellular IoT modules in smart city infrastructure and building automation verticals, and growing demand for cellular IoT in agricultural automation and environmental monitoring. Additionally, increasing application of cellular IoT modules in medical wearables, and Increasing applications for cellular IoT modules in-vehicle telematics and fleet management is expected to create a growth opportunity for the cellular IoT market.

The hardware segment is projected to account for the largest share of the cellular IoT market during the forecast period.

Hardware components such cellular IoT modules and chipsets form the basis of the entire cellular IoT ecosystem. The increasing deployment of cellular IoT modules in wearables and connected healthcare devices as well as smart city infrastructure, and building automation projects is expected to fuel the growth of the hardware segment during the forecast period

The market for wearable devices segment is expected to grow at the highest CAGR during the forecast period

Increasing demand for medical wearables during the COVID-19 pandemic is expected to fuel the growth of the wearable devices segment during the forecast period.

APAC region is expected to grow at the highest CAGR during the forecast period.

China, Japan, India, and South Korea are the major countries contributing to the growth of the cellular IoT market in APAC. Rapid deployment of smart city projects and increased demand for connected health wearable devices during the COVID-19 pandemic are driving the growth of the regional market.

Electronic Bharat

Source: https://www.electronicbharat.com/cellular-iot-market-worth-15-4-billion-by-2027/

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UWB module optimised for low-power IoT

Murata has launched the world’s smallest ultra-wideband (UWB) module – measuring just 10.5mm x 8.3mm x 1.44mm – that combines elevated levels of accuracy and reliability with low-power to ensure compact and battery-driven IoT devices operate as efficiently and cost-effectively as possible

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Murata has launched the world’s smallest ultra-wideband (UWB) module – measuring just 10.5mm x 8.3mm x 1.44mm – that combines elevated levels of accuracy and reliability with low-power to ensure compact and battery-driven IoT devices operate as efficiently and cost-effectively as possible.

Using short-range radio frequency (RF) technology, the Type 2AB UWB + Bluetooth low-energy (BLE) connectivity module can be used in a wide variety of applications where precise detection is essential. These include ensuring social distancing in the workplace to minimise the spread of COVID-19.

Ideal for manufacturing engineers developing advanced products for the IoT market, the system-in-package module incorporates three antennae – two UWB for phased difference of arrival (PDoA) functionality and one for BLE. The module’s high-accuracy position detection capabilities and strong security functions make it particularly suited to such sectors as healthcare/wearables, industrial/commercial and home/consumer.

The Type 2AB module makes light work of asset tracking, indoor navigation, smart lighting, digital payments and such location applications as proximity device finding. It is equally well suited to use in smart factories, POI/indoor marketing, hospitals, museums, warehouses and underground construction projects.

The UWB module offers significant benefits over systems based around WiFi/Bluetooth or GPS technology, the latter proving unsuitable for indoor use due to its reliance on satellite signals.

Compared to chip-on-board designs, the UWB module incorporating Qorvo ICs enables mounting areas to be reduced by around 75%. Other benefits of the resin molded surface-mounted module with built-in Nordic MCU include improved design flexibility and reduced product development time, for example by eliminating the need to prepare external MCUs for customers. Additional features include excellent memory (256 kB RAM and 1 Mb Flash), a three-axis sensor for motion detection, a deep sleep mode of 250 nA, and the ability to operate in temperatures from -40˚C to 85˚C and at voltages from 2.5V to 3.6V.

“The UWB market is expected to grow by around 30% over the coming years, driven by the burgeoning smartphone, IoT and smart cities sectors,” says Toshifumi Oida, Senior Director of the Communication Module Division at Murata. “Our ultra-compact, highly reliable Type 2AB module with superior EMI performance is a compelling solution for product developers wanting to serve this market using groundbreaking high-density mounting technology based on RF design.”

“At Qorvo, we support high-performance solutions with our ultra-wideband expertise,” adds Paul Costigan, Senior Director of UWB IoT solutions at Qorvo. “We bring breakthrough technology and manufacturing scale to integrated modules, such as this one from Murata, a world-leading manufacturer of electronic components, thereby accelerating adoption of UWB and unleashing a new wave of innovation. Companies will be able to easily add enhanced location and distance sensing to drive business optimisation, enhance workflow efficiency and improve safety in applications like smartphones, cars, and consumer and industrial IoT.”

Compared to chip-on-board designs, the UWB module incorporating Qorvo ICs enables mounting areas to be reduced by around 75%. Other benefits of the resin molded surface-mounted module with built-in Nordic MCU include improved design flexibility and reduced product development time, for example by eliminating the need to prepare external MCUs for customers. Additional features include excellent memory (256 kB RAM and 1 Mb Flash), a three-axis sensor for motion detection, a deep sleep mode of 250 nA, and the ability to operate in temperatures from -40˚C to 85˚C and at voltages from 2.5V to 3.6V.

Source: https://www.engineernewsnetwork.com/blog/uwb-module-optimised-for-low-power-iot/

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