Much like Johannes Gutenberg revolutionized printing to bring the first wave of self-education to the masses that helped spark the Renaissance, the metaverse promises to seriously transform business models and the lives of the people behind them. Gartner researchers reported executives have spent over $120 billion in metaverse-related ventures in the first half of 2022 alone. They expected 30% of organizations in the world will have products and services ready for the metaverse by 2026. To be clear, the metaverse is pure vision, predicated on the emergence of what many call Web 3.0, the next iteration of the internet where networks of interconnected real-world, augmented, and virtual experiences fuel a creator economy.
“In the metaverse, people will own everything they create, collaborating across a decentralized universe of experts,” said Martin Wezowski, chief futurist at SAP New Ventures and Technology. “The metaverse is a new platform for value creation from human relationships and community-building. Imagine being on a business call where natural language processing catalogues the major discussion points, and blockchain technology tokenizes them for ownership by the speakers, creating immutable proof of each person’s expertise and value. Business leaders need to rethink strategies and operations to stay relevant in the creator economy.”
Definition of metaverse for business
On a accurate episode of the Digital Supply Chain podcast, IDC analyst Jan Burian said that his research firm defined the metaverse as “a highly immersive future environment that blends the physical and digital to drive shared sense of presence, interaction, and continuity across the multiply spheres of work.”
Unlike today’s cloud-based platforms which centralize and silo information between the digital and physical worlds, organizations operating in the metaverse will smoothly navigate between real-world and technology-driven experiences as they develop and sell products and services. For example, sending out a smart contract within and beyond company walls, companies could quickly find qualified workers whose self-sovereign identity proves their expertise. Whether they’re designing a city, airplane, or piece of furniture, people will have the ability to collaborate using all five senses in distributed, virtual networks. Manufacturers could construct digital twins of an entire factory in the metaverse. Lorenzo Veronesi, the other IDC analyst on the Supply Chain podcast, said that companies could enroll student trainees in a virtual, fully immersive factory experience, preparing them for full productivity on day one of employment.
“Metaverse applications are expected to work across the real world, on your mobile device, in augmented reality on your goggles, and in the virtual world wherever you are, through any wearable,” said Wezowski. “Currently there are closed environments in gaming or finance where blockchain technology creates NFTs — non-fungible tokens that have value. In manufacturing, some companies are using digital twins to capture and analyze sensor-based data from machines. The metaverse will scale distributed, Checked data across billions of devices, transactions, and people.”
Contextual workforce learning
Since experts, whether employees, partners, or customers, will be connected in large communities of Checked networks in the metaverse, business leaders will need to rethink workforce training and development. For example, the metaverse promises to bring hyper-personalized learning to people, putting today’s so-called intelligent algorithms to shame.
“We’re experimenting with the concept of the ‘digital ME’ that would serve as a digital representation of someone’s unique abilities, experiences, accomplishments, and ambitions,” said Wezowski. “Knowledge Packs, plugged into your digital ME, could augment whatever tasks you’re performing and decisions you’re making. Instead of just translating a different language you’re hearing from a customer, the technology provides a cultural perspective to help you better understand and respond to their concerns in the moment. If protracted budget negotiations get frustrating, the technology offers conversational syllabus to move the discussion along faster.”
Business metaverse could overcome consumer skepticism
Emergence of the metaverse is five to 10 years out. However, unlike the first generation of the internet that began with consumers, the metaverse could be driven by post-pandemic work anywhere norms. While a Forrester survey found less than 30% of US and UK consumer respondents thought the metaverse would be good for society, one analyst blogged that “Metaverse-style experiences have a better chance of driving near-term value in the workplace….some employees who learn how to use metaverse-style experiences at work will want to use them at home too.”
Indeed, Gartner analysts predicted 25% of people will spend at least one hour per day in the metaverse by 2026 for work, shopping, education, social and/or entertainment. Wezowski advised business leaders to start preparing now.
“In the first phase of the internet, people had to learn technology. The metaverse turns that around as technology will learn from people who are at the center of Web 3.0,” he said. “People could be augmented to achieve their greatest creativity for themselves and the communities around them. Business networks would then act autonomously, fostering decentralized communities of innovation to their highest value. Now is the time to deploy your imagination department to envision your brand’s worth in this future environment.”
The MarketWatch News Department was not involved in the creation of this content.
Oct 07, 2022 (Heraldkeepers) -- The Real Estate CRM SoftwareMarket report provides detailed study of several aspects, including the growth rate, regional scope and latest developments by the primary market players. This report also offers Porter's Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the global market. The report evaluates the important characteristics of the market based on current market scenarios, market demands and business strategies. Also, the research report separates the industry based on the Real Estate CRM Software Market share, types, applications, growth factor, key players and regions. The final report copy delivers the analysis of novel COVID-19 pandemic on the Real Estate CRM Software market as well as rise and fall during the forecast period.
Top Companies in the global Real Estate CRM Software market are
IBM, SAP, HubSpot CRM, Oracle, Wise Agent, Bpm’online CRM, Propertybase, Zoho CRM, Insightly, Pipedrive, Bitrix24, Infusionsoft, Salesforce.com, and Other.
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By types market is divided into
By applications market is divided into
The regions focused by the Real Estate CRM Software Market are:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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– A comprehensive evaluation of all opportunities and risks in the market.
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– A deep study of business techniques for the development of the market-driving players.
– Conclusive study about the improvement plot of the market for approaching years.
– Top to bottom approach of market-express drivers, targets, and major littler scale markets.
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
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While the “death of the mainframe” may be a ways off if ever, companies are currently looking for exit strategies from big iron, with logistics multinational FedEx making headlines of late, announcing it will retire all its mainframes by 2024 in a bid to save $400 million annually.
As part of its goal to achieve carbon-neutral operations globally by 2040, FedEx is adopting a zero data center/zero mainframe environment, running half its compute in colocation facilities and half in the cloud — a move that will also help the global logistics provider be more flexible, secure, and cost-effective, says Ken Spangler, executive vice president of global information technology at FedEx.
“Mainframes were not in our long-term plan,” he says. “Over a 10-year period, we have been evolving slowly away from the mainframe base; it’s basically the retire, replace, and re-engineer strategy.”
So far, 90% of FedEx’s big-iron applications have been moved off the company’s mainframes, but 10% are “sticky,” because of integration issues due to layers of interdependencies, Spangler says, adding that FedEx has “some unique operating companies” in its portfolio with their own technologies that have a lot of dependencies.
The undertaking is as massive as it sounds, as migrating compute-intensive systems on mainframes out of data centers and into the cloud is not for the faint of heart.
Still, companies such as IBM are taking steps to help companies’ mainframe applications have an afterlife in the cloud, and many enterprises are embarking on journeys to modernize their existing mainframe strategies for the digital era, including investing further in the latest big iron.
But for companies like FedEx looking to divest from their mainframe estates in favor of the cloud, a methodical approach is essential. Motivations for making the move vary, says Mike Chuba, managing vice president at Gartner. In some cases it’s a “graying of the skillset” and in others, aging equipment and cost, he says.
“The analogy I use is, if you’re a homeowner and haven’t done basic maintenance for 10 to 15 years and things are falling apart, you’ve got a very difficult decision: whether to make that substantial investment to catch up … or look to move someplace else,’’ Chuba says.
For smaller mainframe shops that have “fallen far behind, and the mainframe hasn’t been a strategic asset and competitive differentiator,” the choice may be less cut and dry, he says. “They may be running on hardware that is 10 years old with unsupported software, so attempting to modernize may be too large.”
But for entities that can potentially realize a future without having to maintain big iron in-house, here are vital insights from IT leaders who have begun the journey.
For cable manufacturer Southwire, the impetus to move off mainframes was aging equipment. It became a question of “did we want to be in the data center business or are there other people who do processing better,’’ says Dan Stuart, senior vice president of IT at Southwire, which makes wire and cable for transmitting and distributing electricity.
Another factor was “cost avoidance,” Stuart says, as the equipment refresh cycle and software contract renewals were approaching. Instead, the company opted to move its core SAP environment and Tier 1 systems, including the company’s manufacturing resource system, to Google Cloud Platform (GCP).
The migration occurred mid-pandemic in July 2020 and was undertaken by a combination of internal staff, Google services, and a third-party provider, Stuart says, adding that Southwire’s core SAP system still runs on an IBM DB2 database in GCP, whereas its other Tier 1 applications run on Google Cloud VMware.
The migration took about eight to nine months, and Stuart is happy with the results. “We haven’t experienced many problems at all” running SAP in the cloud, he says. “I would say fewer than on-premise.”
But not having a “well laid-out project plan” around data is something that Stuart says did result in issues. “If I were to do this again, I’d look at the size of our databases and clean them up before I cut over and take a lot of historical data and archive it,” he says. “The real ‘gotcha’ for us was we needed about two full days of downtime to do this and for a company that runs 24/7, that’s about all the time we have.”
Up next is moving a couple of other Tier 1 manufacturing systems that Stuart says are ready for the cloud now that IT has implemented SD-WAN.
“We knew we had to increase our bandwidth to reduce any type of challenges with performance,’’ he explains. “We just started rolling out SD-WAN with redundant data lines with network providers to reduce the amount of downtime and increase the amount of bandwidth coming through.”
Based on his experience, Stuart advises IT leaders to clean and purge data before moving mainframe applications to the cloud. “You don’t want to carry [excess data] over because you don’t want to pay for that. So right-sizing that environment would be highly recommended. After that, you know exactly the data you want to bring over,” he says.
By moving to the cloud, Southwire has been able to streamline its disaster recovery process as well. And because the company is “very big on ESG and sustainability,” getting out from under having to run and maintain mainframes gives the company a reduction in its carbon footprint, Stuart says.
By contrast, FedEx’s approach to weaning off on-premises mainframes is multivariant. For example, as part of its “retire, replace, and re-engineer strategy,” FedEx’s freight company environment — one of those 10% “sticky” mainframe applications — will be retired because “it wasn’t worth completely re-engineering and investing a lot of money,’’ Spangler says.
“We want to have efficient enterprise solutions, so in that case, we’re re-platforming off the mainframe because it will go away in two years and we will have [new] enterprise solutions,’’ he says. Spangler added that “we’re being very cautious about not just re-platforming things generically.”
Overall, FedEx’s mainframe divestment work is being done by a combination of internal and external teams. The “heavy part” of its mainframe retirement plan got under way in 2021. The goal is to be done by 2023.
Still, Spangler advises IT leaders to “take an economic view” of what to migrate given that there are still “tremendous technology capabilities” that exist on the mainframe. “It can’t be a theoretically thing,’’ he says. “We just know for our environment, because we’re more than a 40-year-old company … we have old technologies we were replacing anyway, and when we looked at our enterprise strategy, it just made sense.”
Spangler says IT leaders should also keep the principles of engineering and architecture in mind. “A lot of people are so focused on getting rid of their mainframes they end up with mess,” he says, adding that strong engineering and architecting upfront will help make sure you end up with something that is modern, world-class, expandable, secure, and modifiable.
Lastly, Spangler recommends that IT leaders “continuously update your plan because it’s a battle. It’s hard. Brutally hard. We literally zero-base our business case on this every quarter and build from the bottom up.’’
Doing so requires FedEx to look at all the costs and saving elements and start with a clean sheet that considers whether the assumptions pan out against the reality. This ensures that if something has changed, officials are aware of it, he says.
“Every week, every quarter, and every year we know more,’’ he says. “Right now we’re very stable. We’re super confident with a high line of sight and we are executing very strongly.”
When deciding whether it’s time to move away from hosting your own big iron, there are a number of variables to consider. Besides the cost of modernizing your mainframe operations and applications, and taking into consideration the internal skills necessary to keep a mainframe and its applications chugging, organizations need to think about the value of availability, security, resiliency, and transactional integrity — which are often hard to quantify, Gartner’s Chuba says.
“People have been trying to move off the mainframe for the last 10 to 15 years, and plenty of CIOs are lying alongside the road. … They came in with a charter to move off the mainframe and have failed,’’ he says. “Part of that is that vendors have overpromised, but the truth is it’s not easy. The low-hanging fruit has moved off [the mainframe] because there are places those apps can be moved more efficiently.” But if a mission-critical application is migrated and then goes down, a company could find itself out of business, Chuba says.
Cloud providers, and especially the hyperscalers, have put a lot resources and investments into making it somewhat easier for companies to migrate applications off their mainframes in the past 10 years, he says — capabilities that will keep getting better.
That said, for most organizations, and large mainframe shops in particular, “the mantra is, ‘Do no harm to those business-critical applications,’’’ Chuba says. “They need a solid business case and assurances the transition will be seamless and their apps will run with the same level of performance, resiliency, transactional integrity, and security in the cloud as what they’ve had in mainframes.”
As CIOs contemplate what to do about their mainframes, Chuba says it boils down to a few essential factors: “If you’ve got a skills issue, first and foremost, you have to do something — whether move to the cloud or an MSP,’’ Chuba says. “If you don’t have the [mainframe] skills you don’t have many options. You can’t just shut the door and turn off the lights and hope and pray things will run.”
As for those weighing moving their mainframe applications to the cloud versus modernizing them, “the discussion is the degree of risk you’re willing to take,” he says, pointing out that if a mainframe migration project stretches out over three to six to nine to 12 years, IT leaders are incurring lot of costs along the way.
“FedEx is kind of sitting at the poker table and saying, ‘We’re all in.’ If they can do that and pull it off in a timely manner, I have no doubt …. they’ll be able to claim victory,’’ Chuba says. “But for customers who drag their feet or lose the momentum on these projects [after] starting with low-hanging fruit and then the project gets bogged down and they chase the next shiny object … costs could turn out to be pretty significant.”
FedEx’s Spangler agrees that regardless of the environment you’re retiring, IT — and the company — has to remain committed. “You have to lead it [and] you have to drive it hard, because these kinds of technologies are very integrated. And you have to stay focus. That’s the hard part,” he says.
Did you know that Europe’s largest convenience chain isn’t British or German or French? It’s Polish! Founded in 1998, the chain, Zabka Polska (meaning “Little Frog” in Polish), operates more than 8,300 stores throughout Poland serving nearly 3 million customers every day. That translates to more than a billion customer interactions per year. Clearly, this “Little Frog” is quite popular.
A Little Frog with Big Ideas
Zabka describes itself as the “ultimate modern convenience ecosystem” and has seen incredible growth in accurate years – thanks to a combination of ambition, vision, and the right technology to turn that vision into a sustainable reality.
Using modern technologies, Zabka tries to facilitate the purchases of customers and the work of franchisees at every step: automatic cash registers, price labels with an e-ink screen, kinetic floors generating electricity or robots preparing hot dogs. Yes, imagine that – robots slapping mustard on your hot dog!
At the same time, the technology provides an environmentally friendly approach to the functioning of the store: photovoltaic panels, energy storage, dust-absorbing paving stones and many others. The implementation of such a high-tech store can be admired at Lewadów street in Warsaw.
But there’s another tech story unfolding behind the scenes, which has to do with how Zabka functions as a business.
Keeping the “System” in Ecosystem
Zabka’s 8,300 stores are operated by 7,200 franchisees. The franchise model has enabled the company to grow quickly and cover a lot of territory – by one estimate, 15.5 m of the country’s population lives within 500 meters of a Zabka store location. But managing a business with 7,200 business partners presents some challenges, to say the least.
If you think about it, having thousands of franchisees means many different ways of communicating, keeping records, and sharing information. This meant limited insight into operations, limited quality control, and limited ability to ensure a consistent brand experience across locations.
The complex franchisee management ecosystem was fragmented across different technologies with no clear business ownership. This didn’t just create problems for Zabka and existing franchisees – it established a high entry threshold for potential new franchisees, which in turn hampered Zabka’s ambitious expansion goals.
From Complexity to Simplicity
Undaunted, the “Little Frog” decided to upgrade itsfranchisee relationship management processes by implementinga standardized suite of applications on a unified platform. The centerpiece of this new solution is SAP Integration Suite, which serves as the integration platform for a diverse set of cross-system business functions.
The new franchisee management infrastructure has allowed Zabka to evolve from complexity to simplicity, clearing the way for them to focus on essentials like recruitment, property management, and rapid response to the needs of individual franchisees.
Now, all of Zabka’s franchisee data, processes and communication are handled in a single portal and mobile app. A single candidate portal provides full 360º insight into the recruitment process. The new platform features a franchisee support desk.
Leapfrogging the Competition
Bottom line: this new system is capable of orchestrating huge volumes of data at large scale in a highly decentralized hybrid retail ecosystem – empowering Zabka to turn its ambitious vision into a reality.
Jakub Masłowski, Technology Director, observes, “Żabka as a company is based on innovative methods of operation, our stores are modern and connected by a vast IT net. The upgrade to the latest SAP version available in the market will enable us to use new functionalities, which were impossible to use before.”
And by the way, for all of these amazing achievements, Zabka Polska was named a finalist in this year’s SAP Innovation Awards. You can read about what this “Little Frog” did to earn this coveted position in their award’s pitch deck.
The MarketWatch News Department was not involved in the creation of this content.
Oct 12, 2022 (Heraldkeepers) -- Infinity Business Insights, a leading market research firm, has announced the release of its latest report on Anti-Fraud Management System Market. The report provides an in-depth analysis of the market dynamics and trends that are expected to shape its future growth trajectory.
The report on the Global Anti-Fraud Management System Market offers extensive insights into the current scenario and prospects of the market. The report provides an in-depth analysis of the key drivers and restraints, opportunities and challenges, and competitive landscape of the Global Anti-Fraud Management System Market.
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Anti-Fraud Management System Market, By Segmentation:
Anti-Fraud Management System Market segment by Type:
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The report notes that the Global Anti-Fraud Management System Market is highly competitive, with various vendors offering innovative products and services. In addition, the report highlights the growing popularity, which are expected to play a major role in the growth of the Global Anti-Fraud Management System Market.
Geographic Segment Covered in the Report:
The report has been segmented into following regions and countries-
1. North America (USA and Canada).
2. Europe (UK, Germany, France and the rest of Europe).
3. Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region).
4. Latin America (Brazil, Mexico, and the rest of Latin America).
5. Middle East and Africa (GCC and rest of the Middle East and Africa).
Top Key players operated in Global Anti-Fraud Management System Market:
SAP SE, Capgemini, SAS Institute, BAE Systems Inc, Fiserv Inc, IBM Corporation, Oracle Corporation, Fair Isaac Corporation, Computer Sciences Corporation, ACI Worldwide, Threatmetrix
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BENGALURU : Investors and analysts will eye the numbers Wipro puts out in its earnings release on 12 October. However, insiders will also pay attention to Project Quantum.
Meta has a problem. Well, let’s be realistic, Meta has many problems. This problem is that Apple is coming to market with a mixed reality headset early next year. That means the company needs to have a headset in the market around the time that product launches.
Launching before Apple is the best way of countering whatever Apple comes to market with, and that product needs to be premium in appearance, specs, and capabilities to compete with Apple’s anticipated premium product. So, Meta has been looking for a way to position this premium product in a way that allows it to come to market early with a premium product even though the genuine market size is still small. It would be criticized heavily for releasing a premium product already seen as a niche within a market that many already see as a niche.
Enter Meta’s enterprise story, which I believe before today was weak and didn’t have much credibility considering that Meta Quest for Business is still a beta program since the company shuttered Oculus for Business last year. All of this is to say that I don’t think very many people fully buy into Meta’s productivity story and that it is how the company is looking to justify the more-than-5x price increase over the Oculus Quest 2. So, let’s dig deeper into the headset, the platform, and the vision behind the Meta Quest Pro.
The Meta Quest Pro is undoubtedly a premium headset, whether you call it a VR headset, MR headset, or an XR headset to cover all your bases. The Quest Pro, according to Meta’s website, features the latest Qualcomm Snapdragon XR2+ Gen1 which delivers 50% more performance along with a standard 256GB of storage and 12GB of RAM as well as 10 ‘advanced VR/MR’ sensors for tracking a user’s environment, face, hands and eyes. The headset also features a new optics stack, including pancake optics, which reduce the optical volume by 40% compared to the Quest 2. The display attached to this optical stack also features a 37% greater pixel density, a 30% improved color gamut, and 75% more contrast, which is crucial for easily memorizing text in a virtual environment. It also features two new controllers with independent tracking using three cameras per controller and a Snapdragon 662 mobile chip inside each controller. The new headset also features improved mixed reality capabilities with a 4x higher resolution pass-thru camera pipeline for more lifelike mixed reality experiences compared to the Quest 2. Meta also integrated a curved battery cell in the back of the headset to counterweight the components in the front for less next strain for prolonged use. This headset packs the latest in nearly every possible innovation available today to make for a premium headset experience and does it for $1,499, which I believe is around or below where many expect Apple’s headset will also land.
The software and ecosystem
Meta talked a lot about productivity in VR leading up to this announcement and showed some of the applications already being used today in some enterprises. These applications included ShapesXR for Logitech, Gravity Sketch for Puma and New Balance, Novartis using Nanome, and the ITC using Arthur for training and workshops. Many of these applications pre-date the Oculus Quest platform and have been popular VR apps on other platforms and ported to the Quest. The Quest Pro will mostly rely on Quest 2 applications for the foreseeable future, with the Quest Pro becoming the de facto mixed reality platform for Meta and its developers. Meta’s Presence Platform is at the core of Meta’s mixed reality development efforts. I believe it will be how the company uses mixed reality as an onramp for AR applications once AR headsets Strengthen in capability and performance. The Quest Pro is ultimately a developer device for Meta, much like I expect Apple’s device will be, with both being expensive because of the breadth of capabilities they offer and the bleeding-edge nature of many of the technologies.
Meta’s app ecosystem is still primarily consumer
While I believe that people will be productive in XR environments, I think that people are still looking to be entertained in XR when it comes to companies like Meta and Apple. If you head over to the Quest Pro product page, its quite clear that Meta’s true enterprise partnerships are light. The company primarily relies on its deep Oculus Quest 2 app library to prop up this headset until developers can start building for it. Even then, I’m not entirely sure that most of those developers will be building enterprise applications. If you watched Meta’s presentation, there was a lot of talk about gaming and fitness applications, which are both very consumer-focused and, I believe, will be among two of Apple’s most important classes of applications that it will target with the new headset. Meta has been teasing productivity with the Quest 2 with things like its partnership with Logitech on keyboards and specialized controllers for VR. Still, I believe it was planting the seed for what it is messaging today with Quest Pro. That said, Meta’s announcement of a deep partnership with Microsoft does legitimize its enterprise approach, especially with the addition of apps like Teams, Office 365, Windows 365, and management software like Azure Active Directory along with Intune. Meta also leveraged the Accenture use of VR to connect its hundreds of thousands of employees with its own 60,000 headset deployment, which it announced last year.
Meta Quest for Business – still in beta?
Meta shut down the Oculus for Business program late last year after announcing the Quest for Business program, which is still in beta. The original Oculus Quest for Business program has been around since 2017 and struggled with many issues that made it unfriendly towards businesses, especially considering the requirement to have a Facebook account and managing those accounts for each headset and user. Meta also must overcome privacy concerns with enterprises considering the challenges it has had with consumers around Facebook. While Meta appears to have pivoted towards Meta accounts for its headsets, it remains unclear whether users will trust Meta accounts more than Facebook accounts. Oddly, Meta’s own Quest Pro page refers to Meta accounts using ‘gamertag’ in the requirement copy when describing what kind of things you’ll need for the Quest Pro. The old Oculus for Business program also had challenges with native device management and made it difficult to manage with 3rd party solutions, further compounded by firmware updates being unpredictable and controlled by Meta. Hopefully, with the addition of Microsoft’s Azure Active Directory and Intune, some of these challenges can be overcome in the new Meta Quest for Business program, but from what I’ve seen, businesses generally like to have a choice in MDM solutions and hopefully, Meta Quest for Business will allow those.
Positioning against Apple
Anyone that watched today’s keynote presentation noticed the obvious lines that Mark Zuckerberg drew between Meta and Apple. He made it quite clear that Meta sees itself as the ‘open’ alternative to Apple’s ‘closed’ ecosystem. While the definition of open continues to change, Meta does have its mostly public approach to XR and iteration over generations, along with feedback from the community and developers. Additionally, Meta has openly embraced open standards like OpenXR, which I believe will be critical to the long-term success of immersive computing as the next computing platform. I also believe that Meta is launching the Quest Pro in anticipation of what it expects Apple will launch and getting ahead of that to ensure that it has a foothold in the market before Apple launches its product that many of us expect to be similar in functionality. I don’t think that Apple will position its Reality headset as a productivity device even though I believe it will likely cost as much as or more than the Quest Pro. I believe that Apple’s headset will, like many other products, be positioned towards the premium consumer and developers, like the Quest Pro, without attempting to sell it as a productivity device. That said, I think productivity will be an aspect of what Apple offers purely because of how closely it is likely to integrate with Apple’s other devices like the iPhone and possibly even MacBook. Getting back to Meta’s Quest Pro, I believe that Apple sees Meta as its biggest competitor. Meta is unafraid to position itself as an alternative to Apple’s approach because it knows the company already has a target on its back. I also believe that Meta’s focus on fitness during Meta Connect was a clear indication that Meta is aware of Apple’s intentions to use fitness as a killer app for Mixed Reality, and I believe this may be the motivation for the FTC’s lawsuit challenging Meta’s acquisition of the parent company of the wildly successful fitness app Supernatural.
Mixed Reality and setting expectations
One of the most obvious applications that Meta talked about with the Quest Pro is using mixed reality to develop AR apps. This is the onramp to AR applications that will likely take years of development to bear fruit, but I believe is a crucial component to the industry’s approach to AR enablement. We’re seeing mixed reality headsets becoming the standard with the likes of the Lenovo VRX, Lynx R-1, and Meta’s Quest Pro. Mixed reality enables many productivity applications without compromising on performance or resolution, which would happen if a headset were to go full AR with see-through optics rather than passthrough-like mixed reality. Establishing the mixed reality onramp, paired with Mark’s setting realistic expectations for AR with the company developing two different paths, one focusing on experience and the other on form factor, each improving over time. He also talked about the challenges around AR user interfaces and how those developments are coming along but are still very much in the development process. This is all to say that Meta did a much better job setting realistic expectations for the market and, I believe, positioned Meta well against Apple.
In my eyes, the Meta Quest Pro is absolutely a prosumer device, with it still very much being a consumer device that can also be used for some low-hanging business applications. I think that while Meta’s partnership with Microsoft does lend some credibility to its business focus with the Quest Pro, the company’s history and overall consumer focus makes it hard to believe long term. I believe that the Meta Quest Pro is a fantastic-looking and designed headset with many of the right features and capabilities to move the industry forward, but not as a business device. It is a high-end mixed reality device that sits in a high-end tier of the company’s consumer offerings. I don’t see this device replacing laptops, which was Meta’s original messaging for ‘Cambria’ seems to have disappeared along with the codename. At $1,500, the Quest Pro is a relatively expensive device compared to the Quest 2, especially for many of Meta’s younger fans. Still, I see it as a hybrid prosumer and development device that the company doesn’t expect to ship remotely in the volumes it would sell a Quest 3, which many expect to come next year. The Quest Pro is an excellent showcase of what Meta can do today and a technological stake in the ground before Apple claims it invented mixed reality. I can’t wait to get my hands on it on October 25th when my pre-order arrives and see what kinds of mixed reality experiences it can deliver.
Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, and speaking sponsorships. The company has had or currently has paid business relationships with 8×8, Accenture, A10 Networks, Advanced Micro Devices, Amazon, Amazon Web Services, Ambient Scientific, Anuta Networks, Applied Brain Research, Applied Micro, Apstra, Arm, Aruba Networks (now HPE), Atom Computing, AT&T, Aura, Automation Anywhere, AWS, A-10 Strategies, Bitfusion, Blaize, Box, Broadcom, , C3.AI, Calix, Campfire, Cisco Systems, Clear Software, Cloudera, Clumio, Cognitive Systems, CompuCom, Cradlepoint, CyberArk, Dell, Dell EMC, Dell Technologies, Diablo Technologies, Dialogue Group, Digital Optics, Dreamium Labs, D-Wave, Echelon, Ericsson, Extreme Networks, Five9, Flex, Foundries.io, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud, Graphcore, Groq, Hiregenics, Hotwire Global, HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM, Infinidat, Infosys, Inseego, IonQ, IonVR, Inseego, Infosys, Infiot, Intel, Interdigital, Jabil Circuit, Keysight, Konica Minolta, Lattice Semiconductor, Lenovo, Linux Foundation, Lightbits Labs, LogicMonitor, Luminar, MapBox, Marvell Technology, Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco), Merck KGaA, Mesophere, Micron Technology, Microsoft, MiTEL, Mojo Networks, MongoDB, National Instruments, Neat, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek, Novumind, NVIDIA, Nutanix, Nuvia (now Qualcomm), onsemi, ONUG, OpenStack Foundation, Oracle, Palo Alto Networks, Panasas, Peraso, Pexip, Pixelworks, Plume Design, PlusAI, Poly (formerly Plantronics), Portworx, Pure Storage, Qualcomm, Quantinuum, Rackspace, Rambus, Rayvolt E-Bikes, Red Hat, Renesas, Residio, Samsung Electronics, Samsung Semi, SAP, SAS, Scale Computing, Schneider Electric, SiFive, Silver Peak (now Aruba-HPE), SkyWorks, SONY Optical Storage, Splunk, Springpath (now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, Telesign,TE Connectivity, TensTorrent, Tobii Technology, Teradata,T-Mobile, Treasure Data, Twitter, Unity Technologies, UiPath, Verizon Communications, VAST Data, Ventana Micro Systems, Vidyo, VMware, Wave Computing, Wellsmith, Xilinx, Zayo, Zebra, Zededa, Zendesk, Zoho, Zoom, and Zscaler. Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is an investor in dMY Technology Group Inc. VI, Dreamium Labs, Groq, Luminar Technologies, MemryX, and Movandi.
The past year has shown that extended reality (XR), encompassing augmented and virtual reality (AR/VR), is capturing the imagination of users and investors alike, with use cases abounding and market opportunities proliferating as more and more companies discover applications that might help their operations or serve their customers. To tap into this, Telefónica and Qualcomm Technologies have announced a collaboration to strengthen their position as leaders in the future of XR and the metaverse.
The partnership will see the firms work together to develop and grow the XR ecosystem using the Snapdragon Spaces XR Developer Platform and Telefónica’s fixed and mobile network infrastructure. The agreement also includes exploration of joint commercial opportunities and the launch of XR/metaverse products and services.
Telefónica says it sees many possibilities in combining immersive devices with powerful networks and decentralised Web3 technologies. This agreement opens the opportunity to deliver new experiences to customers merging the digital and analogue worlds, reimagining commerce, entertainment and communication in the metaverse.
For its part, Qualcomm Technologies believes the Snapdragon Spaces platform can empower developers to unlock the full potential of wearable AR using industry-leading technology, cross-device SDK, and an open XR ecosystem. The company says this will enable developers to pioneer innovative experiences that will lead the next generation of immersive technology.
In this regard, both companies are working to bring Snapdragon Spaces to different initiatives that are part of the Telefónica Innovation and Talent Hub, such as its core and open innovation programmes, and the computer programming campus 42. This will help to grow the Snapdragon Spaces ecosystem and foster the development of new products and services on XR, which Telefónica can test and commercialise with its consumer and business customers.
“XR will bring a new dimension to the digital and real world, enabling people to communicate, do business, socialise and entertain themselves in new ways,” said Daniel Hernández, vice-president devices and consumer IoT at Telefónica. “We are preparing for this future, building the infrastructure, upskilling the teams, evolving our services and putting in place the partnerships which will enable us to bring innovative new devices and services to customers.
“Qualcomm Technologies has played a critical role at each stage in development of our industry and our collaboration with Snapdragon Spaces will help to drive growth in the emerging XR ecosystem and realise the next evolution of the internet, the metaverse.”
Dino Flore, vice-president, technology at Qualcomm Europe, added: “XR will redefine how we live, work and socialise. At a crucial time in the technology’s development and roll-out, we are excited to be partnering with Telefónica to grow the active communities developing the ecosystems of the future through Snapdragon Spaces, which we believe will unlock the power of XR and take it to the next level.”
WATERLOO, Ontario, Oct. 4, 2022 — OpenText today announced Cloud Editions 22.4 (CE 22.4), a series of impactful new innovations driving forward the company’s Project Titanium to deliver seamless complete and integrated information management in the cloud. With strengthened offerings in public and private cloud, CE 22.4 innovations unlock tremendous value for customers, providing them the tools, solutions and trust to help solve their biggest hurdles and excel in a world of accelerated change.
“OpenText is empowering organizations to drive digital led transformations and prepare for the critical and expanding business requirements of modern work, environmental, social, and governance (ESG), as well as artificial intelligence,” said Mark J. Barrenechea, CEO and CTO at OpenText. “Cloud Editions 22.4 is an important milestone in our journey to complete and integrated information management in the Cloud. Titanium, our next generation cloud platform, will help customers accelerate their cloud-based digital transformation and future AI applications.”
At OpenText World this week, much will be revealed around the CE 22.4 release.
CE 22.4 Simplifies Opportunities to Increase Customer Engagement and Responsiveness
Customer experience is of critical importance in today’s digital world. In a accurate OpenText global survey, eight in ten respondents (80%) experience information overload, and to help cut through this cluttered environment, it’s crucial for businesses to personalize every web and communication experience, provide customers with the right content at the right time and through the right channels. In 22.4, new capabilities in OpenText Experience Cloud, make it faster and easier to increase relevancy, consistency and responsiveness across the entire customer journey with two new must-have solutions to solve for Customer Experience Management (CXM) and Digital Experience Management (DXM) use cases. Delivered in a unified environment, these solutions bring together key capabilities across OpenText applications Exstream (CCM), TeamSite (WCM/CMS), Media Management (DAM), Experience CDP, and Core Experience Insights, all within a composable platform out of the box.
Additional enhancements to OpenText Exstream and OpenText TeamSite are critical to the new Experience Cloud solutions. OpenText Exstream accelerates time to market for digital communications across channels and formats with seamless electronic signature processing integrated to Core Signature, and automated archiving to OpenText InfoArchive. The new enhancements also provide no-code dynamic charting and display components for visually engaging communications. OpenText TeamSite is at the core of every customer experience platform and 22.4 offers the ability to configure and compose unique intelligent digital workplaces to Strengthen productivity and surface relevant data insights for improved decision making. Combined with a new integration to Google BigQuery, web developers and content creators will benefit from dynamic AI/ML driven data processing to deliver more personalized and relevant experiences and communications.
CE 22.4 Empowers Workforces with Smarter, Simpler and Savvier Solutions to Master Modern Work
OpenText is committed to empowering workforces across all industries to gain the information advantage through frictionless, automated and simplified experiences and 22.4 has several innovations enabling workforces to excel at modern work. Accessing content where and when needed is simplified with OpenText Core Content and its new integration with Microsoft. Consumers can now open or save documents to Core Content directly from Microsoft Office Desktop applications and view, edit or co-author directly within Core Content – boosting productivity while maintaining integrity.
Staying ahead and staying secure is made easier with ready-to-run business scenario templates from OpenText Extended ECM. The newest addition to the growing Business Process Library is the new Real Estate Management Business Scenario that streamlines management of globally dispersed real estate assets – a time-intensive process all enterprises face. Extended ECM also enhances compatibility with SAP applications with support for SAP S/4HANA Harmonized Document Management, standardizing integrations to accelerate time to value with fewer resources.
Additionally, OpenText also continues to manage the risks associated with eDiscovery with enhancements to OpenText Axcelerate, improving productivity for legal teams. Delivering project oversight and superior insights through enhanced reporting, 22.4 introduces a new configurable dashboard and reporting framework for Axcelerate based on the Magellan Business Intelligence and Reporting (MBIR) platform that includes a variety of new enhancements for faster decision-making and cost control. Eliminating the need for third-party add-on tools, this new feature also comes at no extra cost.
Focused on making OpenText Business Network available to companies of all sizes, the new Microsoft Dynamics 365 Business Central Order to Cash Adapter Kit for OpenText Business Network Cloud Foundation offers mid-market size companies, with limited internal electronic data interchange (EDI) skills, to be able to exchange order to cash-related business documents electronically with key trading partners. Businesses can now leverage a scalable B2B integration environment that can support changing business needs and help streamline order fulfillment processes with seamless integration to Microsoft Dynamics 365.
CE 22.4 Offers Trusted Solutions for Better Cyber Resilience in a Disruptive World
With the complexity of the digital world today, information advantage is being able to access digital information with comprehensive digital forensic investigation tools. With CE 22.4, OpenText continues to focus on modernizing forensic investigations, with enhancements to OpenText EnCase Forensic and OpenText EnCase Endpoint Investigator including the support of new cloud connectors for Facebook Messenger, Slack and Microsoft 365 Archive, enhanced workflows and Mac collections. In addition, to enhance threat detection and incident response, OpenText EnCase Endpoint Security adds the ability to conduct off-VPN anomaly detection and manage custom automated response actions. CE 22.4 is also enabling scalable network visibility and faster collection and analysis of external Packet Capture (PCAP) with OpenText Network Detection & Response.
For more on all the CE 22.4 innovations please read our blogs. Additional information and demonstrations on these and other innovations will be presented by OpenText EVP and Chief Product Officer, Muhi Majzoub during his October 5th OpenText World keynote.
OpenText, The Information Company, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.
New Jersey, United States, Oct. 10, 2022 /DigitalJournal/ The Real Estate Software Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Real Estate Software market research report tracks all the accurate developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
Real estate software helps increase businesses productivity in various fields, such as social media, online advertising, and websites, resulting in an increased demand for effective software tools. Factors such as increased digitization of real estate businesses and improvements in automation technologies have positively impacted the real estate software market in accurate years.
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This Real Estate Software research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the Top companies Influencing this Market include:Climbsoft, Mingyuanyun, Yonyou Software, AMSI Property Management, Yardi Systems, CoStar, IBM Tririga, IFCA, First American Software Solutions Group, RealPage, Argus Financial Software, Accruent, SAP, Propertybase, Oracle Corp, WxSoft Zhuhai, MRI Software, Kingdee,
Firstly, this Real Estate Software research report introduces the market by providing an overview that includes definitions, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Real Estate Software report.
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
Segmentation Analysis of the market
The market is segmented based on the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market
Market Segmentation: By Type
ERP, RSM, PMS, CRM,
Market Segmentation: By Application
Real Estate Contractor, Real Estate Sales Company, Valuation Company, Government, Other
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An assessment of the market attractiveness about the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants in the global Real Estate Software market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.
This report aims to provide:
Table of Contents
Global Real Estate Software Market Research Report 2022 – 2029
Chapter 1 Real Estate Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Real Estate Software Market Forecast
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