VARINDIA IT MAGAZINE

Growth in smartwatch industry is increasing over a period of time with a potential to reach $32.9 billion by 2020, registering a CAGR of 67.6% from 2014 to 2020. Global market for Smartwatch is gaining prominence due to its potential to replace traditional watches and functionality similar to smartphones and secondly, health and fitness remain a dominant segment of the smartwatch market, providing healthcare workers and hospitals with savings opportunities. With this the leading companies are collaborating with their suppliers and re-sellers to penetrate into this market through the right selection of channel, geography and target audience.  Demand for smartwatches has attracted consumers with extra functionalities beyond timekeeping and Fitbit becomes most recalled brand in the household when it comes to fitness tracker. Fitbit took over Pebble, Vector as well as mobile payment company Coin . Rumors of Fitbit's "Project Higgs" GPS smartwatch have been around fo...

The total IT spending by small and medium-size businesses (SMBs) will exceed $676 billion in 2021 according to IDC report. "SMB IT spending growth continues to track about two percentage points higher than GDP growth across regions. But beneath that slowly rising tide are faster moving currents that reflect the changing ways SMBs are acquiring and deploying technology," said Ray Boggs, Vice President, SMB Research, IDC. Boggs noted that while SMBs, especially smaller ones, have immediate tactical needs to sharpen performance, they are also looking to coordinate resources in a meaningful way. For many this will be an important step towards Digital Transformation (DX).... Read More

The worldwide revenues for the augmented reality and virtual reality (AR/VR) market will grow from $5.2 billion in 2016 to more than $162 billion in 2020 says IDC. This represents a compound annual growth rate (CAGR) of 181 percent over the 2015-2020 forecast period. “For many years augmented and virtual reality were the stuff of science fiction. Now with powerful smartphones powering inexpensive VR headsets, the consumer market is primed for new paid and user generated content-driven experiences. Recent developments in healthcare demonstrated the powerful impact augmented reality headsets can have at the industry level, and over the next five years we expect to see that promise become realized in other fields like education, logistics and manufacturing,” said Chris Chute, vice president, Customer Insights and Analysis, IDC ... Read More

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE    iValue has shared its growth performance during 2011-12 and discussed its plans for the year ahead. iValue also plans to further invest & focus on this promising vertical which has over 20Bn USD sanctioned budgets. "We are collating customer information in a structured way for leveraging new business and relationship which will become IP and business differentiator for iValue. 90% of the work is completed on this key initiative. We now have 6800+ customers with contact details and buying pattern to do a focused marketing activity. Work is underway to normalize, validate & structure the data and integrate with CRM to help front end sales with their daily call planning," said Sunil Pillai, Co-founder & MD, iValue InfoSolutions.  For More Details See www.varindia.com