Govt chief information officers for cloud solutions and cyber security

The global robotics as a service market is expected to grow at a CAGR of close to 20% from 2018 to 2022

Cloud solutions, cyber security and analytics are the top technologies targeted for new and additional spending by public sector chief information officers (CIOs) in 2018, while data centre infrastructure is the most commonly targeted for cost savings, says Gartner, Inc. Sixteen per cent government CIOs said they plan to raise spending on business intelligence and analytics (16 per cent) and data management (six per cent) in 2018. Gartner’s 2018 CIO Agenda Survey gathered data from CIO respondents in 98 countries and across major industries.

Digital transformation is the top-ranked business priority among government CIOs overall. “Digital transformation revolves around data. To be successful, public sector CIOs need to focus on expanding their data and analytics capabilities and creating a data-centric culture, by increasing the availability of open data and APIs for internal use and public consumption,” said Rick Howard, research vice-president Gartner.

Growth in robotics

The global robotics as a service market is expected to grow at a CAGR of close to 20 per cent from 2018 to 2022, according to a new market research report by Technavio. Vendors are leveraging technologies such as cloud computing to enhance their offerings through services such as real-time remote monitoring of robots. Based on geography, the global robotics as a service market has been segmented into APAC, EMEA, and the Americas.

The Americas dominated by contributing to approximately 41 per cent of the market share, followed by EMEA and APAC regions. “The robotics as a service involves a business model in which professional service robots are rented or leased on a monthly or hourly basis, along with upgrade, maintenance, and other basic services to end users,” says a senior analyst at Technavio.