News sentiment analysis powered by sentiment-insight.com
Spending cuts in HR, administrative support fund AI adoption: Report![img](/img/external-link.svg)
71% of respondents of a survey conducted by IDC found that their companies are already using AI. An additional 22% plan to do so within the next 12 months. Organisations making use of AI tools are realizing an average return of $3.5X on every dollar they spent.
Spending cuts in HR, administrative support fund AI adoption: Report![img](/img/external-link.svg)
71% of respondents of a survey conducted by IDC found that their companies are already using AI. An additional 22% plan to do so within the next 12 months. 32% of organisations participating in a survey were also found to have reduced an average of 11% of spending on certain business areas to fund AI projects.
2024 Trends: Four Ways GenAI Transforms Enterprise ERP Applications![img](/img/external-link.svg)
50% of US and 43% of French online adults say that GenAI poses a threat to society. 60% of large enterprises will mandate formal data literacy and responsible AI training. IDC foresees global spending on AI solutions surging to over $500 billion by 2027.
Redefining Technology And Business In The Age Of AI![img](/img/external-link.svg)
Bill Gates has called the rise of ChatGPT “the most important advance in technology since the graphical user interface,” i.e., computer software as we know it. IDC reports that the global data sphere is expected to more than double from 2022 to 2026.
China smartphone market perks up as sales of new Xiaomi model off to roaring start![img](/img/external-link.svg)
Xiaomi's sales of more than 1 million units of its latest flagship smartphone in the week since its launch are a fresh sign that a slump in China's phone market could be nearing an end. The robust launch "reinforces signs of the market bottoming out," said Will Wong, an analyst with industry research firm IDC.
China smartphone market perks up as sales of new Xiaomi...![img](/img/external-link.svg)
Xiaomi's sales of more than 1 million units of its latest flagship smartphone in the week since its launch are a fresh sign that a slump in China's phone market could be nearing an end. The robust launch "reinforces signs of the market bottoming out," said Will Wong, an analyst with industry research firm IDC.
There’s a surprising new top-five player in the smartphone market![img](/img/external-link.svg)
Transsion is a Chinese smartphone manufacturer whose brands include Tecno, Itel, and Infinix. It has quietly grown to become the world’s fifth largest smartphone manufacturer, according to recent market reports from Canalys, IDC, and Omdia. The exact quarter Transsion entered the global top five differs depending on whose reports you trust.
Warning Signs Grow Apple Is Losing Chinese Consumers to Huawei![img](/img/external-link.svg)
The iPhone 15 series saw a 6% decline in sales in its launch month compared with the prior year. Mobile industry tracker IDC estimates Apple’s shipments were down 4% in the third quarter. Rising tensions between the US and China have put Apple in a precarious spot.
Coimbatore District allotted ₹40 lakh road safety fund to lay speed breakers as per IRC norms![img](/img/external-link.svg)
A recent meeting of the Interdepartmental Committee (IDC) chaired by the State Home Secretary has allotted a sum of ₹39.99 lakh under the road safety fund for Coimbatore district. Majority of the speed breakers are not in accordance with the guidelines of the Indian Road Congress. The Transport Commissioner was asked to circulate IRC norms to all District Collectors.
Why Professional Services Firms Must Prioritize Their ERP Foundation![img](/img/external-link.svg)
According to IDC cross-industry research, 92% of midsize companies experiencing notable revenue and market-share growth have either adopted or plan to implement enterprise resource planning (ERP) software. But adoption among professional services firms is not as robust – falling behind at 74%.
11 Best Quantum Computing Stocks To Buy Now![img](/img/external-link.svg)
The International Data Corporation (IDC) released its second projection for the global quantum computing market on August 17, 2023. According to Insider Monkey’s second quarter database, 13 hedge funds were bullish on Rigetti Computing (NASDAQ:RGTI), with combined stakes worth $2.3 million.
'Extremely rare' Jurassic fossils found in Utah![img](/img/external-link.svg)
While at McKinsey, they say they observed "significant problems" -- and opportunities -- around enterprise data governance. A recent IDC survey of more than 900 executives at large enterprises found that 86% agree more governance is needed. Just 30% of respondents to the survey, meanwhile, said they felt "extremely prepared or ready" to leverage generative AI today.
Triangle hospitals see rise in 'influenza-like' illnesses![img](/img/external-link.svg)
Healthcare systems are preparing for an uptick in respiratory viruses that include COVID-19, flu, and RSV. A recent IDC survey of more than 900 executives at large enterprises found that 86% agree more governance is needed to ensure the "quality and integrity" of generative AI insights.
OSBI investigating after remains were found in Guthrie field![img](/img/external-link.svg)
While at McKinsey, they say they observed "significant problems" -- and opportunities -- around enterprise data governance. A recent IDC survey of more than 900 executives at large enterprises found that 86% agree more governance is needed. Just 30% of respondents to the survey said that they felt "extremely prepared or ready" to leverage generative AI today.
The AI Advantage In Attracting And Retaining The Right Talent![img](/img/external-link.svg)
A recent IDC info snapshot echoes this table-stakes reality for midsize professional service firms. 49% find recruiting and retaining talent more difficult. Firms are eager to implement newer AI-based software.
The Iranian Diaspora Collective’s Bold Quest To Enable Youth Activists![img](/img/external-link.svg)
The Iranian Diaspora Collective is raising funds to provide VPNs and internet access to the people of Iran. This is the second campaign from IDC in response to Jina Mahsa Amini’s unjust murder. Most young Iranians are educated, tech-savvy and want to be part of the global conversation.
Why Growth-Focused Distributors Are Betting Big On Business Networks![img](/img/external-link.svg)
According to recent IDC research, 51% of surveyed midsize distributors are leveraging networks that connect buyers and sellers to available services. Discover how midsize wholesale distribution companies grow and increase margins.
ASUS India Defies Market Decline to Secure No. 2 Spot in Consumer Notebooks![img](/img/external-link.svg)
According to IDC's Worldwide Quarterly Personal Computing Device Tracker, the market witnessed an alarming 15.3% year-over-year decline in Q2 2023. In sharp contrast, ASUS has not only sustained but thrived, grabbing an 18.2% market share and marking a 26% quarter- over-quarter growth.
Driving Growth: The Crucial Role Of HR For Business Success![img](/img/external-link.svg)
A recent IDC analyst brief shows that having the right technology in place helps midsize organizations succeed. HR leaders can overcome this hurdle by focusing on their company’s most significant pain points and laying out an effective plan that empowers the workforce.
Ather Updates 450 Line-Up, Launches New 450S: Key Highlights![img](/img/external-link.svg)
The Ather 450S has been launched at Rs 1.30 lakh (Ex-showroom, Delhi) It is available with the smaller 2.9kWh battery pack, which is good for 115km of IDC range. New LCD screen gets a 1000:1 contrast ratio, and 18-segment characters.