Cloud computing

• [New] The user spending on software as a service (SaaS) is expected to rise to $132 billion by 2022.
• [New] 40% of the expected synergies form the merger - projected at more than 5 billion euros, will come from convergence of platforms and powertrains and from optimizing R&D investments.
• [New] The rise of open source software in the 21st century has disrupted the business models of some proprietary software providers, and open content projects like Wikipedia have threatened the business models of companies like Britannica.
• [New] Over 70% of streamed video sessions in the next five years will occur on smartphones, thanks to the emergence of social videos on platforms like TikTok.
• [New] We project enterprise AR spending to reach $5.1 billion in 2021, which includes AR productivity software for mobile devices as well as AR glasses hardware and software.
• [New] Trend Micro Incorporated, a leading company in cloud security, predicts that Qatar's home networks, remote working software and cloud systems will be at the centre of a new wave of cyberattacks in 2021.
• [New] 64% of organisations in India are expected to increase their demand for cloud computing while 56% of them expect to see an increased demand for cloud software.
• [New] The Integration of XENDEE technology with the LLNL FEST platform will enable multiple value streams for Microgrid powered DoD facilities.
• [New] Through a variety of mechanisms, the Bitcoin sidechain enables the world's leading cryptocurrency to be leveraged in novel decentralized applications, something we expect to see a lot more of in the year ahead.
• [New] PwC last year predicted nearly 23.5 million jobs worldwide would be using AR and VR by 2030 for training, work meetings, or to provide better customer service.
• [New] Home networks, remote working software and cloud systems will be at the center of a new wave of attacks in 2021.
• [New] The UK could see a twenty-fold increase in transactions conducted through online platforms in the following five sectors by 2025: collaborative finance, short-term accommodation, passenger transportation, on-demand household services, and on-demand professional services, the paper notes.
• Marg ERP plans to add 100 additional channel partners to its platform in 2020 in a bid to strengthen its position with small businesses in India and 26 other countries.
• Broadband penetration increased by 10% in 2020 and as more Nigerians engage in secure and reliable online banking and retail, small and medium enterprises will be able to expand their online platforms and services.
• Spending on smart manufacturing platforms - which enable manufacturers to manage devices, connectivity, infrastructure and data - will reach $32 billion per year by 2025.
• In 2021, there will be increased scrutiny on the cybersecurity practices of companies that provide software and services to the U.S. government and for critical infrastructure.
• To democratize knowledge and bridge the technical skills gap, Amazon Web Services (AWS) announced it will invest hundreds of millions of dollars to support the future workforce with free cloud-computing skills training for 29 million people worldwide by 2025.
• AI facilitator platforms will reach $8 billion by 2025 and that the maker platforms will reach $13 billion for a total of $21 billion.
• Tesla will recognize $1.1 B in deferred software revenue in 2021, increasing to $1.5 B in 2022, and representing material high-margin revenue for Tesla that should loosely mirror operating income contributions.
• Software that eats up mobile data and registers people for unwanted subscriptions has been found pre-installed on thousands of low-cost Chinese smartphones in Africa more than two years after it was first detected.
• Within the next 10 years, VW believes it will produce some 26 million fully electric vehicles for Europe, China and the United States, 19 million of which will be based on the MEB architecture, and the other 7 million on the high-performance PPE platform.
• Data analytics, cloud, and platforms will be the major areas of focus for IT groups in 2021.

Last updated: 10 January 2021