Let's start with our special report on Digital Transformation, which highlighted how digitalization efforts continues to grow among companies of all sizes, industries and geographic locations. In a 2018 Tech Pro Research survey, 70 percent of survey respondents say their companies either have a digital transformation strategy in place or are working on one.
For more see: Despite steady growth in digital transformation initiatives, companies face budget and buy-in challenges
Recent research shows that hiring managers are bracing for tech-induced transformation. Sixty-two percent of managers surveyed say AI will change how they work within five years. Other emerging technologies, such as the Internet of Things (IoT), are expected to spark similar transformations.
For more see: Hiring managers say AI will change how we work within five years
The World Economic Forum (WEF) expects an increased need for emotional intelligence, creativity, and critical thinking. Highlighting the pace of workforce change, the WEF points to 10 jobs that didn't exist 10 years ago -- including app developer and social-media manager. Another estimate projects that "65 percent of children entering primary school today will ultimately end up working in completely new job types that aren't on our radar yet".
For more see: Hiring managers say AI will change how we work within five years
Our updated analysis showed IDC believes three industries expect to spend the most on IoT in 2018: manufacturing ($189bn), transportation ($85bn), and utilities ($73bn). Manufacturers will largely focus on improving the efficiency of their processes and asset tracking, while two-thirds of IoT spending by transport will go toward freight monitoring, followed by fleet management.
For more see: What is the IoT? Everything you need to know about the Internet of Things right now
Forrester ranked IoT software vendors based on their current offerings, strategy and market presence. IBM scored well on application enablement and analytics and data. Microsoft and PTC partnered well and had good installed bases. SAP was differentiated with its Leonardo IoT efforts even though Forrester noted that the "product portfolio terminology is confusing".
For more see: Analytics, digital twins separate pack in industrial IoT, says Forrester
Forrester's recently released report, New Tech: Digital Risk Protection, Q2 2018, finds that VC funding from 2015 to 2017 eclipsed $400m for digital risk protection (DRP) vendors. Investor action has continued in 2018, with over $50m committed to included vendors in the first six months.
For more see: Digital risk protection in 2018: New vendors, new leaders, new wave
UK-based price comparison website GoCompare conducted a study that delves into the best hubs around the world for millennials looking to build their empires. The study highlighted factors such as funding for businesses, internet access, and the cost of living. Surprisingly, the US does not make it into the top five hubs and only has two cities in the top 10 of the leaderboard.
For more see: Where are the best cities for millennial entrepreneurs to start businesses?
It was undoubtedly the Apple iPad that gave a massive boost to the tablet market, which appears to have peaked in 2014. Our analysis showed that, while tablet sales may be declining, there are still plenty of viable use cases and many models to choose from.
For more see: The best tablets for 2018: Our top picks
Why the decline in tablet sales? One clue may be found back in 2003, when Steve Jobs, quizzed about whether Apple would enter the tablet market, had this to say: "We have no plans to make a tablet. It turns out people want keyboards." Sure enough, according to IDC's latest estimates, 'slate' tablets (with no keyboard) will exhibit -6.2 percent growth (CAGR) between 2017 and 2022 compared with +9.6 percent for tablets with detachable keyboards.
For more see: The best tablets for 2018: Our top picks
Apple officially reached $1 trillion in market value -- but is that enough to compete with Amazon? Forrester research highlights how equal numbers of US consumers are customers of each company. But Amazon is able to earn more trust than Apple (53 percent vs 38 percent), and when forced to choose between the two companies, a plurality chooses Amazon -- 42 percent -- which is higher than the number of people who could not make a choice.
For more see: Apple's earnings are amazing, but not enough
Sony ended its first quarter for 2018 with 225 billion yen in net income, approximately $2bn -- a jump of 180 percent over the 81bn yen net income posted at this time last year. Almost half of the behemoth's operating income is thanks to its PlayStation division, with mobile set to have a bad fiscal year.
For more see: Sony riding PS4 boost as mobile division in tailspin
Finally, NetApp delivered a strong first quarter on demand for all-flash arrays. The company reported first quarter net income of $283m, or $1.05 a share, on revenue of $1.47bn, up 12 percent from a year ago. NetApp said its all-flash array product line is on a revenue run rate of $2.2bn as sales were up 50 percent from a year ago.
For more see: NetApp's Q1 benefits from strong demand