Author: PRNEWSWIRE

News provided by Technavio Feb 05, 2025, 01:19 ET NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global wearable technology market size is estimated to grow by USD 99.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 17.3% during the forecast period. Popularity of wearable devices as a payment method is driving market growth, with a trend towards development of low-power electronics. However, rising penetration of counterfeit products poses a challenge. Key market players include Apple Inc., ASUSTeK Computer Inc., BAE Systems Plc, CINOPTICS, Citizen Watch Co. Ltd., Elbit Systems Ltd., Garmin Ltd.,…

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News provided by Technavio Feb 05, 2025, 01:30 ET NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global managed services market size is estimated to grow by USD 217 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 11.3% during the forecast period. Increased adoption of iot solutions is driving market growth, with a trend towards advent of big data and analytics services. However, data privacy and security risks in cloud-based services poses a challenge. Key market players include Accenture PLC, ALE International, Amazon.com Inc., Atos SE, BMC Software Inc., Capgemini Services SAS, Cisco Systems…

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News provided by Technavio Feb 05, 2025, 01:41 ET NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global ccaas market size is estimated to grow by USD 7.58 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 19.4% during the forecast period. Increasing adoption of cloud-based offerings is driving market growth, with a trend towards growing demand for social interaction. However, increased risks related to data security and privacy poses a challenge. Key market players include 3CLogic Inc., 8×8 Inc., Alvaria Inc., Atos SE, Avaya LLC, Capgemini Services SAS, China Huaxin…

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News provided by Ericsson Feb 05, 2025, 02:48 ET STOCKHOLM, Feb. 5, 2025 /PRNewswire/ — Ericsson (NASDAQ: ERIC) today announces the appointment of Charlotte Levert as its new Chief People Officer, Senior Vice President, and Head of Group Function People. Charlotte Levert who is currently Vice President and Head of People Business Area Cloud and Software Services will replace MajBritt Arfert, whose departure Ericsson announced in October 2024. Charlotte Levert will take up her new position on February 10 and will be based in Sweden. Charlotte Levert has held executive positions within Ericsson across several business areas. She has most recently held the position of Head of People Business Area Managed Services. Before joining Ericsson, Charlotte…

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News provided by Technavio Feb 05, 2025, 02:53 ET NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global software-defined wide area network (sd-wan) market size is estimated to grow by USD 13.66 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 29.02% during the forecast period. Rising demand for cloud solutions is driving market growth, with a trend towards optimization of networks using advanced technologies such as AI. However, implementation challenges in sd-wan poses a challenge. Key market players include BT, Cisco, Citrix, Ciena, Colt Technology Services, Epsilon Telecommunications, Extreme Networks, Fortinet, Hewlett Packard Enterprise,…

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News provided by ECI Software Solutions   Feb 04, 2025, 06:00 ET The UK awards program honors Printanista, ECI’s device management ERP for office technology dealers; Printanista is the sole winner in the “Device Management Solution of the Year” category from PrintIT FORT WORTH, Texas, Feb. 4, 2025 /PRNewswire/ — ECI Software Solutions, a global provider of cloud-based business management software and services, announces Printanista®, its industry-leading device management technology for remote monitoring of printer fleets, has won the 2024 PrintIT Award for “Device Management Solution of the Year.” As the sole winner in its category, Printanista has set a new standard for next-generation printer and managed…

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News provided by Akamai Technologies, Inc. Feb 04, 2025, 06:30 ET The recognitions reflect Akamai’s commitment to ethical leadership, sustainability, and long-term stakeholder value CAMBRIDGE, Mass., Feb. 4, 2025 /PRNewswire/ — Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, is proud to announce three significant achievements that reflect its ongoing commitment to responsible, ethical business practices and sustainability leadership. Akamai has earned a coveted spot in the 2025 JUST 100 Rankings, a recognition that celebrates the company’s dedication to advancing business practices that prioritize corporate responsibility, ethical leadership, and having a positive impact on communities. The…

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News provided by NexusTek Feb 04, 2025, 07:00 ET GREENWOOD VILLAGE, Colo., Feb. 4, 2025 /PRNewswire/ — NexusTek, a leading provider of managed IT services, today announced the launch of the NexusTek Secure AI Platform, a comprehensive solution enabling businesses to harness the productivity benefits of generative AI while maintaining unmatched data security, oversight, and compliance. Generative AI is revolutionizing workplace productivity, but its unsanctioned use presents significant challenges for businesses, including compliance risks, data leakage, and a lack of observability. Employees are adopting generative AI tools—with or without company policies in place—making it critical for organizations to implement secure, monitored AI usage…

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News provided by Vention Inc. Feb 04, 2025, 07:45 ET MONTREAL, Feb. 4, 2025 /PRNewswire/ — Vention, creator of the world’s only full-stack software and hardware automation platform, has upgraded its popular online Marketplace with an expanded catalog and enhanced user experience—making it faster and easier to find and integrate plug-and-play automation hardware. Products offered in Vention Marketplace are either designed and manufactured by Vention or curated and certified by Vention for seamless, plug-and-play compatibility. The number of partners providing compatible components in the marketplace has recently doubled, with 200+ partner products now offered. First launched in 2019, Vention Marketplace features 25…

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News provided by SPHERE Feb 03, 2025, 08:00 ET NEWARK, N.J., Feb. 3, 2025 /PRNewswire/ — SPHERE, the leading provider of identity hygiene solutions, is proud to announce key achievements in 2024, reinforcing its leadership in the global identity hygiene market and setting the stage for continued growth in 2025. The company saw a remarkable over 300% year-over-year growth in its strategic solutions, fueled by expanding its global partner ecosystem across Latin America, Europe, and Australia. This momentum highlights SPHERE’s commitment to driving innovation and scaling its impact worldwide. 2024 Product AdvancementsSPHERE secured $12.5 million in additional funding in 2024 to accelerate innovation and product development, launching several groundbreaking new…

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