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Google Bets on Artificial Intelligence and Multi-Device Compatibility with Android XR

Ramon T. Llamas — Fri, 13 Dec 2024 05:00:00 GMT

On Thursday, December 12, Google announced the launch of its Android XR with partners Qualcomm and Samsung. The announcement fulfills the promise that Google, Samsung, and Qualcomm jointly announced in 2023, leveraging the technological capabilities each brings. Powered by its Gemini AI and offering operability across glasses and headsets, Android XR aims to democratize XR for the masses. Its first step: build its application library by porting over current ones from the Play Store, offering tools to developers to turn their current Android apps into 3D Android apps, and giving developers additional tools to create new 3D applications from scratch. In addition, Samsung provided a quick glimpse at its XR Headset code-named Project Moohan. Video demonstrations show wearers using Gemini to search for information and running different Google services like YouTube and Google Maps. IDC sees this announcement as a means to helping developers and hardware vendors get more out of Google's own platform generally, and in relation to the XR market specifically, the announcement heralds increased competition and stepped-up innovation among the major platform players.

IDC MarketScape: Worldwide Product Information Management Applications for Commerce 2024–2025 Vendor Assessment

Heather Hershey — Fri, 13 Dec 2024 05:00:00 GMT

This IDC study comprehensively evaluates leading product information management (PIM) solutions for multichannel digital commerce. As the demand for accurate, engaging product content intensifies across B2B and B2C sectors, businesses must adopt advanced PIM systems to meet customer expectations, improve operational efficiency, and drive revenue. This assessment equips technology buyers with the critical insights necessary to identify the best-fit PIM solutions, considering scalability, flexibility, and integration capabilities, among other factors.

The document evaluates 19 vendors, analyzing their ability to deliver robust PIM capabilities such as content syndication, AI-driven analytics, and seamless integration with commerce systems. It also offers actionable guidance for buyers, focusing on scalability, data quality, and global market readiness. By reading this document, buyers gain a strategic framework to navigate the evolving PIM landscape and select a solution that enhances product storytelling, optimizes digital reach, and sustains competitive differentiation.

"Product information management has become a cornerstone of digital commerce, enabling brands to deliver the rich, accurate, and engaging product content that modern buyers demand," says Heather Hershey, director, Digital Commerce Strategy at IDC. "As digital channels proliferate and customer expectations rise, the PIM market continues to evolve, integrating advanced technologies such as AI to support seamless content syndication, personalization, and global scalability. Organizations that invest in robust PIM solutions are better equipped to optimize their digital presence, enhance customer trust, and drive revenue growth across both B2B and B2C ecosystems."

SCAYLE: Zalando and ABOUT YOU Announce Strategic Merger to Strengthen European eCommerce Leadership

Heather Hershey — Wed, 11 Dec 2024 05:00:00 GMT

The recently announced acquisition of ABOUT YOU by Zalando marks a significant transformation in the European ecommerce landscape. SCAYLE, ABOUT YOU's SaaS commerce platform, adds significant value through its tailored enterprise solutions. The platform's existing profitability and track record of driving sales and margin growth for clients align with Zalando's ecosystem strategy.

Cable MVNOs Continue to See Subscriber and Revenue Growth in 3Q24; Boost Mobile Lost Subscribers But Shows Signs of Recovery with New Funding

Pahul Singh — Tue, 10 Dec 2024 05:00:00 GMT

This IDC Market Note examines the 3Q24 earnings that were released from October 31 to November 12, 2024, from the three U.S. cable companies that offer mobile virtual network operator (MVNO) services as well as EchoStar’s Boost Mobile MVNO business.

China Banking IT Solutions Market Shares, 2022: Seeking Resilient Growth in Deepening Competition (I)

Siri Si, Eric Gao, Rui Yu — Tue, 10 Dec 2024 05:00:00 GMT

This report draws an overall judgment on the market share and competitive landscape in the China IT solutions banking market through desk research and direct interviews with ISVs, systems integrators (SIs), IT product vendors, and end users in the industry, aiming to provide insights for banking organizations and ITSPs. With the deepening of banking DX and the upgrading of demand, the range of vendors covered by this report is expected to change accordingly.

"In 2022, the size of the China banking solutions market continued to grow but at a slower pace due to the economic downturn, the continuous advancement of digitalization, independent IT technology innovation, and the pandemic. This year, banks continued to advance their transition to distributed architectures, and more attention was paid to independent IT innovation. At the same time, banks supported the real economy through AI, Internet of Things (IoT), and other technologies, and attached more importance to financial security and smart services (such as smart customer acquisition and smart risk control). In addition, market development also showed trends of deepening competition and resilient growth. In one aspect, some emerging technology SPs emerged to embrace new opportunities of digital technology and DX, which had intensified market competition; in another, ISVs strived to gain more shares in various segments with their technical and solution service capabilities while building full-stack andall-domain IT solution capabilities to provide customers with more in-depth and diversified services. Under the pressure of continuous market competition, there were more requirements for solution SPs on product resiliency, service resiliency, and operations resiliency. This involves not only the ability to provide specialized and refined solutions but also the capability to improve the innovation and flexibility of solutions according to market demand and changes and to deliver solutions through ecosystem cooperation or joint services in accordance with the personalized service needs of banks in various segments. The goal is to improve the overall resiliency of solution services," stated Siri Si, senior research analyst at Financial Insights, IDC China.

"In 2022, the China banking IT solutions market saw resilient growth among many uncertainties and continued to show a gradient-based competitive landscape with significant top vendors. Competition among vendors in each gradient was becoming increasingly fierce, and the shares in all segments would be variable. What industry users needed were generally service-oriented IT solutions, but the proportions of customized and productized solutions varied by segment. To achieve sustainable development, technology SPs need to leverage their advantages, experience, and positioning in the competitive landscape to make trade-offs and choices that are in line with their long-term strategic development," said Eric Gao, research director at Financial Insights, IDC China.

China Banking IT Solutions Market Shares, 2022: Seeking Resilient Growth in Deepening Competition (II)

Siri Si — Tue, 10 Dec 2024 05:00:00 GMT

This report draws an overall conclusion on the market share and competitive landscape in the China banking IT solutions market through desk research and direct interviews with ISVs, systems integrators (SIs), IT product vendors, and end users in the industry, aiming to provide insights for banking organizations and IT SPs. With the deepening of banking DX and demand upgrade, the range of vendors covered by this report is expected to change accordingly.

"In 2022, the size of the China banking solutions market continued to grow but at a slower pace along with the economic downturn, the continuous advancement of digitalization, independent IT innovation, and the pandemic. This year, banks continued to advance the transition to distributed architectures and paid more attention to independent IT innovation. At the same time, banks supported the development of the real economy through AI, Internet of Things (IoT), and other technologies and valued more financial security and smart services (such as smart customer acquisition and smart risk control). In addition, market development also showed the characteristics of deepening competition and resilient growth. In one aspect, some emerging technology SPs emerged to embrace new opportunities of digital technology and digital transformation (DX), which had intensified market competition; in the other, ISVs strove to gain more shares in various segments with their technical and solution service capabilities while building full-stack andall-domain IT solution capabilities to provide customers with more in-depth and diversified services. Under the pressure of continuous market competition, there were more requirements for solution SPs on product resilience, service resilience, and operations resilience. It involves not only the ability to provide specialized and refined solutions but also the capability to improve the innovation and flexibility of solutions based on market demand and changes and to deliver solutions through ecosystem cooperation or joint services in accordance with the personalized service needs of banks in various segments. The goal is to improve the overall resilience of solution services," stated Siri Si, senior research analyst at Financial Insights, IDC China.

"In 2022, the China banking IT solutions market saw resilient growth among many uncertainties and continued to show a gradient-based competitive landscape with significant top vendors. Competition among vendors in each gradient was becoming increasingly fierce, and the shares in all segments would still be variable. What industry users needed were generally service-oriented IT solutions, but the proportions of customized and productized solutions varied by segment. To achieve sustainable development, technology SPs need to leverage their advantages, experience, and positioning in the competitive landscape to make trade-offs and choices that are in line with their long-term strategic development," says Eric Gao, research director at Financial Insights, IDC China.

Highlighting Opportunities for GenAI for Content Creators

Greg Ireland — Tue, 10 Dec 2024 05:00:00 GMT

This IDC Market Perspective looks at key trends in the content creator ecosystem and how generative artificial intelligence (GenAI) is poised to be a key tool in the content creation process.

“The creator economy is growing and the hundreds of millions of content creators around the world who earn income posting and sharing content represent a massive addressable market for GenAI applications and GenAI-infused creative tools,” says Greg Ireland, senior director, Consumer Markets and Generative AI for Content Creators and Consumers, at IDC.

Late-Year 5G Advanced Portfolio Updates Bring the Promise of New Revenue Opportunities in 2025

John Byrne — Tue, 10 Dec 2024 05:00:00 GMT

This IDC Market Perspective discusses the late-year updates to the 5G Advanced portfolios of key technology suppliers — including Ericsson, Huawei, and ZTE — that promise new revenue opportunities for telcos in 2025. These updates, driven by 3GPP releases 18 maturity, focus on enhancing network efficiency, introducing new capabilities, and leveraging AI and automation. Suppliers are preparing to commercialize these advancements, aiming to help telcos monetize their significant investments in 5G technology through improved services, efficiency, and innovative applications.

“5G Advanced promises new revenue streams by leveraging AI, automation, and innovative capabilities to transform significant telco investments into tangible growth. 2025 looks to be a year of progress on 5G monetization based on initiatives being rolled out as we exit 2024.” — John Byrne, research vice president, CSP Operations and Monetization at IDC

Industry Tech Path, 2024: Analysis of Worldwide Media and Entertainment

Nadia Ballard, Alex Holtz — Mon, 09 Dec 2024 05:00:00 GMT

This IDC Survey examines the media and entertainment industry's adoption patterns and plans for cloud services and industry clouds and solutions, as well as the needs and expectations of cloud users. We identify the subindustries with the highest current adoption and those with future growth potential, the most popular cloud deployments and use cases by vertical, and buyers' priorities when evaluating cloud vendors.

This survey was conducted as part of IDC's 2024 Industry Tech Path Survey, which polled 2,503 users across 5 continents and 11 countries, to collect information on overall adoption and timing, drivers and inhibitors, purchasing preferences, attitudes toward buying channels, cloud adoption, and buying intentions for 300+ industry-specific applications and workloads.

AWS Discusses Transforming Retail and CPG Through Cloud, AI, and Unified Commerce

Cristiano Quattrini, Filippo Battaini, Ornella Urso, Margot Juros — Fri, 06 Dec 2024 05:00:00 GMT

This IDC Perspective highlights key strategies for digital transformation in the retail sector, emphasizing the role of cloud computing, AI, and composable commerce. Retailers are increasingly adopting unified commerce solutions to integrate online and offline channels, ensuring seamless customer experiences. AI and cloud technologies are critical enablers of scalability, personalization, and sustainability, helping businesses stay competitive in a rapidly changing market.

"As the pace of digital transformation accelerates, retailers are faced with the challenge of meeting heightened customer expectations and future-proofing their operations. The move toward cloud-native architectures and AI-powered solutions presents an opportunity for businesses to break free from the limitations of legacy systems, enabling them to be more agile, responsive, and innovative. It is not just about keeping up with the competition; it is about reimagining what is possible in customer engagement, operational efficiency, and sustainability. By embracing unified commerce and leveraging advanced technologies, retailers can create richer, more personalized experiences that resonate across physical and digital spaces. This will enable retailers to thrive in an increasingly complex and connected world," said Cristiano Quattrini, senior associate advisor at IDC Retail Insights.