Connected World says survey respondents say the current job market is lacking sufficient open positions. The post Fact of the Day – 5/9/2024 first appeared on Connected World ..read more

Juniper Research says embedded finance market anticipated to surpass $228 billion by 2028. The post Fact of the Day – 5/8/2024 first appeared on Connected World ..read more

We all know the impact the COVID-19 pandemic had on travel, but it is now official that air traffic has passed pre-pandemic levels as of earlier this year. The IATA (Intl. Air Transport Assn.) recently released data for February 2024 global passenger demand and found the industry is ticking upward. Total demand was up 21.5% compared to February 2023, with total capacity up 18.7% year-over-year. Additionally, the February load factor was 80.6% compared to February 2023. All this to say, air travel is back—and we will likely see the trend continue. Julie Shainock, global managing director, trave ..read more

Connected World says only half of those surveyed would recommend the company they currently work for. The post Fact of the Day – 5/7/2024 first appeared on Connected World ..read more

There are many pros and cons to solar. Here on this blog, I have discussed some of the opportunities where solar can help and the challenges surrounding solar such as cost. The bottomline is growth is occurring and new programs are being launched, so construction professionals need to carefully consider how the future of solar will impact construction projects in the days ahead. The State of Solar The Solar Energy Industries Assn., suggests in the last decade alone, solar has experienced an average annual growth of 22%, due to several factors such as federal policies, declining costs, and incr ..read more

Technology continues to advance at a rapid pace—faster than ever before. We often spend some time at the end of the year planning for the year ahead. Let’s take a moment in the middle of the year to see what is going well—and what is not—in order to best prepare our businesses for the second half of 2024. To do this, let’s walk through a brief four-step mid-year review process. Recognize New Tech Trends As stated, technology is evolving faster than ever before. We must constantly stop to take note of what is changing and how it will impact our businesses. Gartner suggests worldwide IT spending ..read more

GlobalData PLC says payment cards account for 40% share in Singapore ecommerce payments market. The post Fact of the Day – 5/6/2024 first appeared on Connected World ..read more

Spring has sprung and sports are in full swing for many. New technologies—such as AR (augmented reality)—can help sports companies maintain fan engagement while intensifying media competition. Let’s explore how this market will evolve with the rise of AR. GlobalData forecasts the overall AR market will grow at a rate of 21% from $22 billion in 2022 to $100 billion in 2030. The report suggests fan experiences will offer the most lucrative and accessible opportunities for AR integration. Here is how this can help: Provide more engagement and analysis of events in broadcasting. Provide technolog ..read more

IDC says worldwide smartphone market up 7.8% in the first quarter of 2024. The post Fact of the Day – 5/3/2024 first appeared on Connected World ..read more

Connected World says 93% of people acknowledge the future of work is facing remarkable transformation. The post Fact of the Day – 5/2/2024 first appeared on Connected World ..read more