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Digital transformation market to reach $2.3 trillion by 2023

Spending on technology and services that enable digital transformation (DX) is expected to reach $2.3 trillion (£1.8 trillion) by 2023, findings from an updated worldwide spending guide reports. The International Data Corporation’s (IDC)  Worldwide Semi-annual Digital Transformation Spending Guide focused on looking at DX within business practices, products, and organisations.…
Digital transformation

Multicloud to edge firm celebrates 70% business growth

NoSQL database company Couchbase has announced it has seen record growth in the first half of fiscal year 2020. As part of the growth, the database organisation say they have experienced 100% increase in total contract value, 55% billings growth and a 50% rise in average deal sizes. Increased drive…

GitLab Raises $268M in round E funding 

A DevOps based company that is known for delivering on a single application has announced its completion of a $268 million Series E round of funding. This has led to the firm being valued at a huge $2.75 billion. The recent subsidy for the DevOps enterprise, Gitlab, was forwarded by…

Agile market to reach $18.19 billion by 2026

The US agile transformation market has been estimated to reach $18.19 billion (£15 billion) by 2026 according to one report. Taken out by Allied Market Research, the study also predicts that the sector will have a Compound Annual Growth Rate (CAGR) of 17.9% in the next 7 years. The report…

Public Sector

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Department of Veterans Affairs to switch to cloud and microservices

The Department of Veterans Affairs is planning to increase its cloud migration and microservices deployment in order to be more flexible and modern. Indeed, with the pandemic, the agency noticed a 400% increase in remote users and more telehealth visits, from 25.000 per month to more than 40.000 per day.…

Around 1.5 billion Facebook users’ data to be found on sale

Following the outage that affected all of Facebook’s sites, it was reported that around 1.5 billion Facebook users’ private and personal data was found on sale on a hacker forum. Indeed, it was found out that the data was allegedly obtained by scraping publicly available data shared by Facebook users…

Fintech leaders to implement more open-source software and strategies

Although financial technology leaders are aware of the benefits of using open-source software and methodology, very few have actually implemented it. Indeed, a recent study by Fintech Open Source Foundation (FINOS) revealed that many fintech leaders don’t fully grasp the role of open source in their business and governance strategy.…

Smart Cities

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IoT market will be dominated by CCTV in the next three years

CCTV using 5G will be the most dominant technology in the IoT solutions market over the next three years, ICT analyst Gartner has predicted However, the firm also believes that after the year 2023, connected cars will be the most prevalent in the Internet of Things market. The figures Next…
IoT market

What cloud computing means for the future of smart cities

The latest in phone technology, 5G, has been causing controversy since its announcement last year. Some believe that its fast speeds of 10 Gbps will revolutionise the future of mobile tech, whilst others fear for the impact it will have on bandwidth and general signaling issues. However, whatever the opinion,…
Smart cities