According to an IDC report the global enterprise social software market grew from $968 million in 2012 to $1.24 billion in 2013. The IDC report also found that IBM remained the market leader in the segment with more than 75% of the Fortune 100 companies adopting their solutions. Another IDC report had pegged the enterprise
Wearable technology is projected as the next big thing in the consumer hardware segment. Wearable gadgets range from wrist bands that measure a person’s activity and health statistics to wearable cameras and glasses that track the user’s actions. Analysts believe that it is still too early to accurately forecast the market size of wearable cameras,
According to PayNet Small Business Lending Index, the volume of financing to small businesses in the country grew to 121.6 in December last year from 114.6 in November. This was the highest growth recorded by the market since March 2007. Like other retail customers, today small businesses also have the option of securing funding from
Today, banks and traditional money lenders are not the only source of credit to individual customers and small businesses. Instead, the Internet has led to the creation of peer-to-peer (P2P) lending that helps match borrowers with lenders through online platforms for small loans. P2P lenders are able to fund smaller debt requirements by being able
A recent report released by Markets and Markets estimates the global cloud computing spend to grow to $121.1 billion by 2015, recording a compounded annual growth rate of 26% over the period 2010 through 2015. Another report by Market Research Media expects strong growth within cloud computing to continue. The report projects a 30% annual
According to an infographic released by Staff.com late last year, nearly 92% of the companies surveyed use the social media for recruiting decisions. LinkedIn (NYSE: LNKD) is the leading professional network choice for companies. 78% companies surveyed were using LinkedIn in 2010 and that number grew to 93% in 2012. The increased focus on social
According to China Internet Network of Information Center, China’s Internet population grew 3.7% over the year to 618 million users as of December last year. That translates to 45.8% Internet penetration in the country. Mobile Internet usage statistics are also impressive with the number of users growing 19.1% to more than 500 million. The center
A recent eMarketer report projects that nearly 55% of the country’s Internet using population above 18 years of age will redeem digital coupons at least once this year. The number has increased by 8% over last year. The researcher estimates the total number of adult digital coupon users to grow from 103.5 million last year to