IoT adoption in the Australian consumer market has grown 55% in the last year, bringing the total market worth to $583 million, according to a recent Telsyte Australian IoT@Home Market Study 2018. But that increased adoption is putting Australians at increased risk of cyber attacks – and security is still often an afterthought for the manufacturers who make the devices. Sense of Security CTO Jason Edelstein says manufacturers are pushing connected devices to the market in such a rush that the lack of security is putting Australians' information at risk. Telsyte's research found that the average Australian household has 17.1 connected devices in 2018 and is forecast to reach 37 by 2022 – a total of 381 million connected devices across the country. According to Edelstein, it's not just households at risk – particularly as a range of commercial industries adopt IoT technologies.
Technology industry analyst firm Telsyte has revealed new figures for the sale of smartwatches in the Australian market, saying that they now account for a third of all smart wearables. The Telsyte Australian Smartphone & Wearable Devices Market Study 2016-2020 showed that while the initial success of smartwatches in Australia was "modest", sales in the first half of calendar 2016 increased by 89 percent year on year. "As smartphone replacement cycles have lengthened, consumers are turning to other gadgets, and smartwatches have started to capture the imagination," Telsyte managing director Foad Fadaghi said. "We might be seeing the beginning of a substitution effect where consumers are choosing a smartwatch over a new smartphone." The Apple Watch led in the category, holding down more than 50 percent of the smart wearables market share, followed by the Samsung Gear and the Fitbit Blaze.
More than half of all Australian CIOs and IT leaders will be increasing their investment in public cloud infrastructure as a service (IaaS) in the upcoming year, according to a new study by analyst firm Telsyte. The Australian IaaS market is expected to reach AU$621 million by the end of 2016, representing more than 60 percent growth since 2015. Telsyte has also predicted that IaaS expenditure will surpass AU$1 billion by 2020. The increase in spending is being driven by a shift in IT priorities, according to Telsyte, with IT infrastructure management becoming a top concern for Australian CIOs in the past 12 months, matching security for the first time. The Telsyte Australian Infrastructure & Cloud Computing Market Study 2017 also showed that big data analytics, storage, Internet of Things (IoT), artificial intelligence, and process digitisation are all driving the demand for cloud services.
Australian CIOs are shifting their focus away from reducing operational costs and towards developing new products and services, according to new research by analyst firm Telsyte. The Telsyte Australian Digital Workplace Study 2017, which surveyed 420 CIOs and IT decision makers, found that Australian enterprises are spending more of their IT budgets on product development, making it their number one priority compared to two years ago when their focus was on reducing operational costs. The reason for this reshuffling of priorities, according to Telsyte, is so that enterprises can avoid becoming irrelevant in the face of domestic and international competition. "A critical tipping point has been reached with Australian organisations rapidly adopting emerging technologies, developing new products and services, and looking to ICT to build competitive advantage in the face of increased global competition, and driving an intelligent automation revolution," said Telsyte Managing Director Foad Fadaghi. To achieve digital transformation, CIOs are collaborating more with leaders in other business units within the organisation where IT spending is increasing.
Australian tablet sales grew 4 percent year-on-year in the first half of 2016 to 1.59 million thanks to more high-end devices entering the market, according to a study by analyst firm Telsyte. The Telsyte Australian Media Tablet Market Study 2016-2020 revealed that the market for tablets in Australia recorded half-on-half growth for the first time since 2014, driven by an increasing adoption of convertible 2-in-1 tablet-notebook devices such as Apple's iPad Pro, Microsoft's Surface tablets, and Samsung's Galaxy TabPro S. The report showed that revenue for H1 2016 was up 33 percent on H1 2015, and is now the highest it has been since H1 2014's market slump. "The decline in tablet sales that began in 2014 has stabilised and the market seems to have turned a corner," Telsyte Managing Director, Foad Fadaghi, said. Telsyte also said that the market is now on track to record tablet sales of 3.21 million units by the end of the year. The top four vendors in the Australian tablet market in H1 2016 were Apple, Samsung, Microsoft, and Lenovo, which all accounted for 80 percent of sales.