CollaborativeTech

[New] Increased access to technological tools could collectively increase sales for rural businesses in America by $84 billion per year.
[New] Increased adoption of online tools and digital services for businesses across rural American could add $140 billion to the U.S. economy and create more than 360,000 jobs.
[New] Facebook's new Shops platform has the potential to pose a real threat to Amazon in the coming years.
[New] If the Trump administration makes real moves to block Chinese platforms, a full fledged digital war could ignite between China and the US, with untold implications for all industries, including luxury.
[New] U.S. platforms are under threat from the growing popularity of social-media apps developed in China, such as TikTok, a popular video-sharing platform that the Trump administration has considered banning in the United States.
[New] Over half of UK workers do not actually believe their jobs are at risk of being replaced by AI in the next decade, and instead, embrace it as a tool to help enhance the way they work.
By 2022, 60% of retail banking products and services would be rendered through banking-as-a-service platform over cloud by challenger banks and digital banks in APAC.
In the next three-years, Alipay expects to work with 50,000 Independent Software Vendors to assist 40 million service providers in their digitization efforts, increasing efficiency and reaching more customers by 2030, up from more than 1 million currently on the platform.
The growing Communications Platform as a Service (CPaaS) market is expected to be worth $17.2 billion globally by 2023.
China and the Asia-Pacific region will drive business growth over the next five years supported by rapid unit growth, growing brand awareness, and increased usage of the digital / mobile / loyalty platforms.
The market for AI tools used in healthcare is expected to exceed $34 billion by the mid 2020s.
In late 2020, cloud accounting platform Freshbooks plans to launch, with the help of Stripe, direct debit capabilities in the UK.
The Infrastructure-as-a-service (IaaS) market is expected to grow by 13.4% to $50.4 billion in 2020, and cloud-based video conferencing tools are also predicted to spike, with spending set to increase by 46.7% over the course of the year.
Tech giants including Google and Amazon will unwittingly direct some $25 million to websites spreading Covid-19 misinformation in 2020 through their digital advertising platforms..
Alibaba's longer-term goals include reaching 2 billion consumers globally and providing the necessary infrastructure to support 10 million small businesses reach profitability on its platforms by 2036.
The global market for customer data platforms is expected to rise dramatically over the next few years.
Digital advertising platforms run by Google, Amazon.com Inc. and other tech companies will funnel at least $25 million to websites spreading misinformation about Covid-19 in 2020.
E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms.
By the end of 2020, 15% of SMBs will be highly data driven and 30% will be using cloud-based prescriptive analytics and 50% of midmarket firms will demand AI-driven analytical platforms to proactively prescribe actions that will mitigate risk / increase opportunity within the predicted future.
Demand for power tools in the consumer market is forecast to advance 2.2% per year through 2024 to $2.9 billion.
Within cloud deployment environments, compute platforms will remain the largest category of spending on cloud IT infrastructure at $36.2 billion while storage platforms will be fastest growing segment with spending increasing 8.1% to $24.9 billion.
In terms of regional platform, North America grabbed the largest market of special purpose needle and is envisioned to reach USD 5.5 Billion by 2023 by witnessing a CAGR of 8.5% over the forecast period.
Network applications integrated with machine learning and 3D modeling methods will become an indispensable tool for computational drug discovery in the next years.

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Last updated: 09 August 2020