Skip to main content

Posts

Showing posts from May, 2013

Why Global IP Traffic is Predicted to Grow Three-Fold

The Global Networked Economy is fueled by readily available and pervasive broadband internet access. Tapping this amazing worldwide resource for socioeconomic advancement continues to transform the way that we work, live, play and learn. The latest Cisco Visual Networking Index (VNI) Forecast (2012-2017) projects that global Internet Protocol (IP) traffic will grow three-fold between 2012 and 2017. Global IP traffic (fixed and mobile) is expected to reach an annual run rate of 1.4 zettabytes ― more than a trillion gigabytes per year – by 2017. On a monthly basis, global IP traffic is expected to reach nearly 121 exabytes per month by 2017, up from about 44 exabytes per month in 2012. "Cisco's VNI Forecast once again showcases the seemingly insatiable demand for bandwidth around the globe and provides insights on the architectural considerations necessary to deliver on the ever-increasing experiences being delivered. With more and more people, things, processes and

Why Global ICT Spending will Reach $3.7 Trillion in 2013

Economic uncertainty surrounding the U.S. government sequester, European debt crisis and weakening GDP in China has resulted in volatile spending patterns across most segments of the market. According to the latest market study by International Data Corporation ( IDC ), as a result of the current economic climate, business technology spending was slightly below expectations in the second half of 2012 and first quarter of 2013. IDC now projects worldwide IT spending growth of 4.9 percent this year in constant currency, down from the previous forecast of 5.5 percent growth -- and representing a slowdown from the 5.6 percent growth recorded in 2012. As a result, IT spending will reach $2.06 trillion in 2013. Including telecom services, ICT spending will increase by 4.5 percent to $3.7 trillion. So, what are the key trends that are shaping the updated global forecasts? Deteriorating PC Shipments The reduction in IDC’s overall forecast for 2013 is largely driven by rapidly deteri

How Cloud-Based Collaboration Boosts Performance

Online collaboration has evolved during the last decade, delivering even greater value -- thanks to a new generation of business technology applications. Forbes Insights released "Collaborating in the Cloud," a Cisco-sponsored study examining the ways business leaders increasingly look at cloud collaboration as a way to increase productivity, accelerate business results and enhance innovation across borders and functions. The research combines a global survey of more than 500 executives with 15 executive interviews. "The ability to collaborate in the cloud is becoming a key driver of competitive advantage," says Bruce Rogers, Chief Insights Officer of Forbes Media . "Leading companies are doing more to foster cloud-based collaboration -- not only internally, but also with an ever-wider swath of external groups including customers, suppliers, partners, and even regulators." The benefits of cloud-based collaboration, Rogers continues, include "gre

Insight from 2013 Cisco Global IT Impact Survey Results

As businesses increase the number of new application rollouts and create new connected user experiences to better serve their customers, IT organizations face the challenge of expanding network services and aligning their network strategies to meet the requirements of the business. A global study announced today by Cisco revealed that while the majority (63 percent) of IT professionals are confident in their ability to respond to the needs of the business, almost a third (27 percent) still equated the visibility of their IT department into their company's business initiatives to "a foggy day in London." The 2013 Cisco Global IT Impact Survey provides insight into IT's role as a business enabler, assesses the extent by which network investments are keeping pace with the demands of the business, and looks into IT's likelihood to adopt new technologies that can increase IT business impact. The top research findings reveal: Applications and user expectations