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Launched on November 30, 2022, ChatGPT reached 1 million users in five days, the second fastest application to hit that milestone in history. GPT stands for generative pretrained transformer a large language model (LLM) developed by OpenAI in 2018. It has been trained on 175 billion parameters, making it one of the largest language models currently...

The trend opportunity profile series covers specific opportunities emerging from future trend evolutions designed to help clients discover and prioritize the most consequential medium-to-long-term trends that are actively transforming their businesses’ growth environment. These trend opportunity profiles cover 11 key industries: including aerospace...

Global economic growth will be subdued in 2023, weighed down by recessionary pressures in advanced economies, inflation concerns impacting consumer sentiment, and the continuation of monetary policy tightening at least through H1 2023. To navigate through various volatilities, organizations must prepare risk mitigation plans that will support g...

The powerful benefits of cloud architectures–more flexible capacity adjustment, more cost-effective support of remote agents and faster access to advanced features—have resulted in high growth rates in the cloud contact center market. Market revenue in North America for hosted/cloud contact center solutions surpassed on-premises product revenue in ...

Since the COVID-19 pandemic started, the used car market has boomed, and online transactional companies (OTCs) have gained traction. Among them, Kavak has stood out in Latin America with its owned certified vehicles. Created in 2016 in Mexico, the company became the 1st unicorn from the country. Currently, it has operations in Latin America and the...

29 Mar 2024  |  Europe  |  Market Research

European Managed Security Services Growth Opportunities

Amidst Geopolitical Chaos, Finding a True Security Partner is Increasingly Essential

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This study focuses on the European managed security services (MSS) industry. Managed security service providers (MSSPs) supply their clients with comprehensive security solutions, including distributed denial of service (DDoS) protection, managed firewalls, and breach simulation services, predominantly through security operation centers (SOCs). Eme...

Businesses want customer relationship management (CRM) software that unifies all data related to customers and deals, and provides advanced integrations with business applications and advanced security. The CRM industry is in the growth phase, with solution providers consolidating. Some providers offer combined CRM suites while others offer sta...

At Beijing's AutoChina 2024, local businesses such as BYD and NIO demonstrated the major technological and commercial strides made in China's electric car industry. These businesses have grown both internationally and domestically to acquire significant market share. Strategic alliances between Western and Chinese OEMs, a combination of resources a...

Strategic imperatives are concepts that companies embrace to overcome internal and external challenges, such as economic disruptions that make it difficult to prepare a company for the future. Frost & Sullivan has identified eight: 1. Innovative Business Models 2. Compression of Value Chains 3. Transformative Megatrends 4. Disruptive Techn...