Frost & Sullivan news stories - Page 1

The next wave of work is necessary as IT teams must re-evaluate the tools they need to meet flexible work demands while balancing a complex workload.

The company has passed $500 billion in gross merchandise value since its founding and secures funding from strategic investors.

Frost & Sullivan has presented Digital Realty with the 2021 Competitive Strategy Leadership Award for the Singapore data center services industry.

CrowdStrike was selected by Frost & Sullivan as the 2021 Asia-Pacific Endpoint Security Company of the Year. 

Frost & Sullivan has named Vonage Asia-Pacific Communications Platform as a Service Company of the Year for the third year in a row.

The 2021 Best Practices Competitive Strategy Leadership Award for XDR recognises strong performance across seven categories.

Wirepas has been recognised by Frost & Sullivan for addressing industrial IoT requirements with its new Wirepas Private 5G solution.

Group-IB has been named one of the leaders in the global cyber threat intelligence market by Frost & Sullivan, the international research and consulting firm.

"Enterprises stand to increase sales, improve customer experience and brand image while reducing churn and customer support costs by facilitating a seamless product-content process.”

Global Frost & Sullivan analysis reveals businesses top priorities in data use and management.

“The industry is taking steps towards full autonomy as the likes of AR and IoT, autonomous machinery, prefab and 3D solutions, become mainstream."

"Organisations urgently need to adopt a zero trust strategy in order to continually verify each asset and transaction before permitting any access to the network."

“Entrepreneurs are the engine-room of the business ecosystem and are vital for a healthy economy here in Australia, New Zealand and across APAC."

"Adapting to new work modes and increasing digital customer engagement represent key digital transformation objectives driven by the pandemic."

Pandemic challenges have catalysed technology trends across the globe and accelerated organisations' digital transformations sooner than initially predicted. 

The number of connected devices globally is projected to increase from 30.4 billion in 2020 to 200 billion in 2030 at a compound annual growth rate (CAGR) of 20.7%.

IoT-managed services providers are expected to leverage vertical expertise to expand globally, experiencing significant growth overall.

“UI technologies will be an important component in the shift from the office to a virtual workplace that is mobile and more flexible, while interactive interfaces have expanded the scope of businesses to engage with their customers and build deep relationships."

“Although relatively new to the cloud market, Tencent Cloud has become one of the fastest-growing players to penetrate the global industry.” 

The proliferation of cloud-based deployments will largely drive this, the report says, as the COVID-19 pandemic motivates more enterprises to move their workloads to the cloud and rely more on the internet. 

“Avaya’s leadership position in the Southeast Asia and APAC contact centre markets is built on its product innovation," says Frost & Sullivan.

Deployments of more sophisticated, cloud-based applications are expected in the more ‘mature’ markets in the region, including Australia, New Zealand, Japan, Singapore and South Korea. 

This figure represents a growth from $945 million in 2019, according to IDC’s inaugural forecast for such statistics, with a five-year CAGR of 43.4%.

To support future applications, enterprises should explore 5G capabilities to serve their wireless connectivity requirements, the company says.