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The metaverse currently stands for the vision of a digital universe with many different virtual worlds where people can “live” an immersive, real-time experience. To bring this visionary topic down to earth, we have chosen a more basic defin...
Fields of digital innovation: blockchain, quantum, VR/AR - VI
Cloud, IoT, and analytics are highly dynamic but widely established building blocks of digital innovation. In addition, less mature, or even newly emerging technologies are considered as important milestones of digital innovation, such as blockchain technology, augmented/virtual reality (AR/VR), and quantum computing.
Fields of digital innovation: AI/ML - V
Machine learning (ML) and artificial intelligence (AI) technologies can be used to address many of the identified targets of digital innovation, namely improved customer experience, security, efficiency, and sustainability, by complementing human abilities in a variety of areas, such as perception and understanding, reasoning and ...
Fields of digital innovation: the Internet of Things - IV
Better use of data, a reduction in security risks and error or failure rates, more transparent and resilient supply chains, and improved quality of products and services are among the most frequently mentioned central goals in our survey when it comes to digital innovation strategies. Improved customer experience, security, efficiency, and ...
Fields of digital innovation: analytics & data management - III
As our survey has shown, organizations continue to invest in digital innovation to improve products and services, customer service and support, as well as organizational agility and efficiency, and supply chain transparency. As data is at the heart of any digital transformation, better use of data is the most frequently stated goal of ...
The enabling technologies behind digital innovation - II
The role of the cloud
Organizations from all sectors are gearing up for their digital future. And they are doing so by investing massively in data-centric and eco-system-oriented platforms. And most of these developments are taking place in a public cloud. Among the surveyed organizations, no more than 25% does not yet use public cloud ...
Goals, drivers, and obstacles of digital innovation - I
What makes decision-makers invest in transformation and innovation, even in uncertain times?
The pandemic has highlighted the growing importance of digitalization. Companies with a highly digitized business model were the winners during the crisis, whereas more traditional organizations had to react quickly and had to transform themselves ...
The impact of the ARZ deal on the SITS market figures for Austria
PAC recently updated its software & IT services market figures by verticals for Austria (exclusively considering non-captive revenues, i.e. external revenues). One development is worthy of mention: the acquisition of Allgemeines Rechenzentrum GmbH, short ARZ, by Accenture is expected to have a significant impact on the development of IT ...
The Software & IT Services Market in Austria in 2021
Recently, PAC published its 'Software & IT Services – InSight Analysis – Austria' analysis of the software & IT services (SITS) market in Austria in 2021. This blog post summarizes the main aspects.
Figure of the day: Top IT challenge - CxO survey - Austria
According to PAC's CxO Investment Survey, 43% of respondents in Autsria rate shortge of skilled IT professionals as the major IT challenge for their organization.
Figure of the day: SITS spending in the Austrian insurance sector
According to PAC's estimates, total SITS spending in the Austrian insurance sector is expected to grow by 3.5% in 2021 and by 4.6% in 2022.
Figure of the day: SITS spending in the Austrian transport sector
According to PAC, total SITS spending by the Austrian transport sector decreased by 8.3% in 2020 and is expected to increase by 4.0% in 2021.
Figure of the day: SITS spending in the Austrian retail & wholesale sector
According to PAC's estimates, total SITS spending in the Austrian retail & wholesale sector is expected to increase by 6.0% in 2021.
Figure of the day: Importance of business process outsourcing - CxO survey - Austria
According to PAC's CxO Investment Survey, 35% of respondents in Austria expect business process or service outsourcing (BPO) to gain importance for their organization over the next two years.
Figure of the day: Economic challenges - CxO survey - Austria
According to PAC's CxO Investment Survey, 57% of respondents in Autsria rate cost reduction and efficiency pressure as a major economic challenges for your organization.
Figure of the day: Top goal of digital transformation projects - CxO survey - Austria
According to PAC´s CxO Investment Survey, 59% of respondents in Austria say that enhancing existing products and services is the major goal of their organization’s current digital transformation projects.
Figure of the day: Security Services in Austria
Security Services will generate a €0.23bn market in 2021 (US$ 0.26bn) in Austria, representing 1% of the EMEA Security Services market.
Figure of the day: Security Software in Austria
According to PAC, Security Software will generate a €0.15bn market in 2021 (US$0.16bn) in Austria
Figure of the day: Application Services in Austria
According to PAC, Application-related services (consulting, system integration, training and application management) will generate a €1.5bn market in 2021 in Austria, making it the thirteenth largest market in Western Europe.
Austria's IT market in 2020
The Austrian IT market has shown better resiliency to the COVID-19 pandemic than initially projected in PAC's early predictions at the beginning of the first wave in March/April 2020. Even though overall economic output in Austria experienced a sharp slump in 2020 (GDP shrank by 7.3%, according to the WIFO forecast), according to PAC's ...
Rackspace Technology acquires German Microsoft Cloud specialist Bright Skies
Bright Skies focuses on Microsoft’s cloud platform and offers consulting, architecture, and development services around data center modernization, cloud managed services, modern work, data, and artificial intelligence.