BizTechReports Features Insights from IDC, Frost & Sullivan, Strategy Analytics and ABI Research

SILVER SPRING, Md. - Aug. 11, 2021 - PRLog -- BizTechReports (www.biztechreports.com) has published its latest roundup of research from leading analysts and consulting firms influencing the enterprise IT decision-making community. Here are the latest analyst news and views:

According to Strategy Analytics, significant growth opportunities for 5G will come from vertical business-to-business applications. To harvest these opportunities, telecom players will need to understand E2E vertical industrial requirements, collaborate with industrial solution providers and standardize 5G applications. To read more, please visit: https://www.biztechreports.com/news-archive/2021/8/5/strategy-analytics-network-equipment-vendors-need-to-evolve-their-role-to-adapt-for-5g-b2b-market

One billion credit cards are at risk of not being issued over an 18-month time frame due to the chip shortage, reported ABI Research. Gross domestic product will be disrupted as consumers are unable to make everyday transactions with their credit cards.  Up to 740 million cards will be at risk in 2022 and will be the most visible year for the chip shortage. To read more, please visit: https://www.biztechreports.com/news-archive/2021/8/5/up-to-1-billion-payment-cards-at-risk-of-not-being-issued-as-chip-shortage-impact-looms-over-the-payment-cards-industry.

Companies can potentially save up to 20% on labor costs and generate 30% increase in productivity due to the price reductions of robots, reports Frost & Sullivan. Industrial companies -- such as automotive, general manufacturing, logistics and warehousing -- are predicted to switch to a lights-out settings in which operations are fully automated with minimal human intervention. To read more, please visit: https://www.biztechreports.com/news-archive/2021/8/6/frost-amp-sullivan-reveals-how-the-lights-out-setting-is-redefining-manufacturing

By 2025, the combined Public Cloud IaaS and PaaS market is forecasted to have revenues of $400 billion in 2025, according to IDC. By 2022, IDC anticipates that almost half of an enterprise's products and services will be digital or digitally delivered, increasing business reliance on cloud infrastructure and platform. To read more, please visit: https://www.biztechreports.com/news-archive/2021/8/9/new-idc-forecast-for-public-cloud-infrastructure-iaas-and-platform-as-a-service-paas-workloads-puts-worldwide-revenue-at-400-billion-in-2025

About BizTechReports:

BizTechReports is a syndicated independent reporting agency with offices in the Washington, D.C. area that is dedicated to covering the researchers, analysts, consultants and industry influencers who report on the new developments that are making a difference with how it is that we live our digital lives.