For a while now, BlackBerry (Nasdaq:BBRY) had been counting on its much-awaited BB10 phone releases to help pick it up from a financial mess. But the wait seems to have been in vain. Last week, the company reported disappointing quarter results driven by lackluster sales of its smartphones. The results sent the stock plummeting 28%
According to market researcher Newszoo, the worldwide gaming industry is projected to be worth $86.1 billion by the year 2016, growing at an annual rate of 6.7% over the period 2012 through 2016. Growth within the industry will be driven by the increased use of mobile devices, including smartphones and tablets. The researcher estimates the
According to the 2011 State of Marketing, a report by CMO Council, worldwide organizations spend over $1.5 trillion on management and communication charges. Marketing spend, and the use of IT on marketing is projected to increase over the years. Gartner estimates worldwide spending on marketing-related software to be $32 billion this year. This spending is
According to analysts, traditionally, the IT Service Management (ITSM) market has been dominated by on-premise vendors. With the adoption of cloud computing, the ITSM market is also moving to a cloud-based SaaS model. They believe that the SaaS based ITSM model was worth $7 billion last year and is projected to grow to $13 billion
According to Gartner’s Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q12 Update Published: 8 February 2013, worldwide spending on public cloud services is projected to grow 18% annually over 2011 through 2016 to be worth $210 billion in 2016. It is not just public cloud spending that is projected to grow. According to IDC, global
According to a PricewaterhouseCoopers report, SaaS accounts for more than 40% of the revenues of 10 of the top 100 software companies globally. PwC’s report projects SaaS to be a high-growth industry within the software market. The increased adoption of cloud technology is ensuring that while revenues from on-premise software reduce for software companies, SaaS
eMarketer estimates worldwide social media user base to grow from 1.47 billion last year to 1.73 billion in 2013. As global internet usage increases, the number of users accessing social media sites will continue to grow as well. Worldwide, the number of internet users is projected to increase to 3.6 billion by 2017 from 2.3
According to researcher The Radicati Group, the enterprise content management (ECM) market is projected to grow 15% annually over the period 2012 through 2016. The market is estimated to have been worth $4.4 billion last year and is projected to grow to $7.5 billion by the year 2016. Another report by Frost & Sullivan also