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IDC Press Release – Middle East & Africa IoT Investments to Top $6.6 Billion in 2016 as Critical Use Cases Emerge

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Manufacturing and transportation are the vertical industries leading the way in terms of IoT investment in MEA, with both expected to spend an estimated $1.1 billion each in 2016. The next largest industry, utilities, is expected to see IoT investments of almost $800 million this year. The IoT use cases receiving the greatest levels of investment from MEA organizations across these three industries are:

  1. Manufacturing Operations, which supports digitally-executed manufacturing, or how manufacturers use intelligent and interconnected input/output tools (sensors, actuators, drives, vision/video equipment etc.) to enable different components in the manufacturing field (e.g. machine tools, robots, conveyor belts) to autonomously exchange information, trigger actions, and control each other independently.
  2. Freight Monitoring, which uses RFID, GPS, GPRS, and GIS technologies to create an intelligent, Internet-connected transportation system. This system carries out the intelligent recognition, location, tracking, and monitoring of freight and cargo by exchanging information and real-time communications via wireless, satellite, or other channels.
  3. Smart Grid (Electricity), where non-smart meter field devices owned by the electric utility are used to control and optimize power flow to ensure efficient, safe, and reliable service. The devices are used throughout the electricity distribution grid for tasks such as line sensing, substation automation, and feeder & line equipment control and optimization. Utility owned in-home devices are included in this category when used for grid operations.

Looking across all industries in the MEA region, freight monitoring will receive the greatest level of IoT investment throughout the forecast period, followed by smart grid (electricity) and manufacturing operations. In addition to these use cases, remote health monitoring, smart buildings, and smart home concepts will see significant levels of investment over the next few years. The IoT use cases that will experience the greatest revenue growth over the 2016–2020 forecast period are smart buildings, insurance telematics, and smart grid (gas).

“IoT solution deployments across MEA will continue to see increased adoption rates, both in the public and private sectors, as stakeholders begin to realize an immediate return on their investments,” says Wale Babalola, a research analyst for telecommunications, IoT, and digital media at IDC Middle East, Africa, and Turkey.

In addition, the growing development of purpose-built IoT platforms and the continuing proliferation of smart devices will serve as catalysts for IoT adoption across the region’s industry spectrum.
While manufacturing and transportation will lead the way in terms of overall IoT investments in the MEA region, six industries will see IoT spending levels increase by more than 100% over the 2016–2020 forecast period – construction, consumer, insurance, manufacturing, retail, and telecommunications. Cross-industry investments, which represent use cases common to all industries, are also forecast to see revenues more than double during this period.

“A use case represents a detailed composition of a technology investment that is made to produce a set of end-user benefits,”
says Marcus Torchia, research manager for IoT within IDC’s Customer Insights and Analysis team.

The long-term opportunity for IoT vendors is helping to identify and create immediate and residual benefits for end users through their technologies. We see strong opportunities across many industries. For example, in highly instrumented verticals like manufacturing and transportation, large data sets are used to optimize operational processes and extend the life of high-capital cost assets. In other sectors like healthcare and consumer, IoT technology is being used to produce benefits that improve quality of life.
The Worldwide Semiannual Internet of Things Spending Guide forecasts IoT revenues for 12 technologies and 47 use cases across 20 vertical industries in eight regions and 52 countries. Unlike any other research in the industry, the comprehensive spending guide was designed to help vendors clearly understand the industry-specific opportunity for IoT technologies today.
About IDC Spending Guides
IDC’s Spending Guides provide a granular view of key technology markets from a regional, vertical industry, use case, buyer, and technology perspective. The spending guides are delivered via pivot table format or custom query tool, allowing the user to easily extract meaningful information about each market by viewing data trends and relationships.
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.
IDC in the Middle East, Africa, and Turkey
For the Middle East, Africa, and Turkey region, IDC retains a coordinated network of offices in Riyadh, Casablanca, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul, with a regional center in Dubai. Our coverage couples local insight with an international perspective to provide a comprehensive understanding of markets in these dynamic regions. Our market intelligence services are unparalleled in depth, consistency, scope, and accuracy. IDC Middle East, Africa, and Turkey currently fields over 130 analysts, consultants, and conference associates across the region. To learn more about IDC MEA, please visit www.idc-cema.com. You can follow IDC MEA on Twitter at @IDCMEA.

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Google Triumphs Over $9 Billion Oracle Suit

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Google Triumphs Over $9 Billion Oracle Suit, SiliconNigeria

The US Supreme Court handed Google victory in a court battle spanning more than a decade, ruling the technology giant did not violate copyright infringement laws when using parts of Oracle’s software code to develop its Android operating system.

Oracle launched its action in 2010, focusing on the definition of fair use of Java code and whether Google’s application of it infringed copyright. The software company sought nearly $9 billion in damages.

The Supreme Court weighed into the case in October 2020: in a majority decision, it ruled Google was covered by legal fair use copyright protections involving around 11,500 lines of Oracle code employed to ensure Android was compatible with Java software, which is now owned by Oracle.

In statement, the court explained allowing enforcement of Oracle’s copyright “would risk harm to the public”, noting the costs and difficulties of producing alternative APIs.

It added many programmers had knowledge of Oracle’s building blocks and a favourable ruling for the company in the case would act as a lock “limiting the future creativity of new programmes”.

“Oracle alone would hold the key.”

Dorian Daley, EVP and general counsel at Oracle hit out at the decision: “The Google platform just got bigger and market power greater, the barriers to entry higher and the ability to compete lower.”

“They stole Java and spent a decade litigating as only a monopolist can. This behaviour is exactly why regulatory authorities around the world and in the US are examining Google’s business practices.”

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Global IoT Operating Systems Market to Reach $7.3 Billion by 2027

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Global IoT Operating Systems Market to Reach $7.3 Billion by 2027, SiliconNigeria

Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Operating Systems estimated at US$ 814.3 Million in the year 2020, is projected to reach a revised size of US$ 7.3 Billion by 2027, growing at a CAGR of 36.9% over the period 2020-2027.

Large Enterprises, one of the segments analyzed in the report, is projected to record 36.2% CAGR and reach US$ 4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the SMEs segment is readjusted to a revised 38.3% CAGR for the next 7-year period.

The Internet of Things (IoT) Operating Systems market in the U.S. is estimated at US$ 246 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$ 1.2 Billion by the year 2027 trailing a CAGR of 34.9% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.4% and 31.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.1% CAGR.

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Big technologies

Facebook Chief Revenue Officer, David Fischer Quits

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Facebook Chief Revenue Officer David Fischer Quits, SiliconNigeria

Facebook’s Chief Revenue Officer, David Fischer announced today that he will leave the social media company toward the end of this year, in a post on his verified Facebook profile.

“I am immensely proud of all that we have accomplished over the past eleven years, and am optimistic about the path the company is on,” he wrote in the post.

Fischer oversees Facebook’s advertising business and manages its sales and marketing teams worldwide and has been heavily involved in some of the social media company’s largest deals, including its recent $5.7 billion investment in India’s Jio Platforms.

Fischer also supervises Facebook’s operations in India, its largest market and one of its most important for messaging and shopping. The company reported that sales jumped 22% to almost $86 billion in 2020.

Fischer joined Facebook in 2010 after a long stint working alongside Sandberg at Alphabet Inc.’s Google. The duo also worked together at the U.S. Treasury Department in the late 1990s.

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