Assets on wealth management platforms, including so-called robo advisors, are expected to nearly double in the next five years. The global market for wealth management platforms is expected to grow from $1.7 billion in 2017 to $3.2 billion by 2022, according to research from ReportLinker. The forecast also takes into account a compound annual growth rate of 13.4 percent during that period. Late last month, Matt Hougan stepped down from his position as CEO of Inside ETFs to join cryptocurrency index fund manager Bitwise Asset Management. To make the case for diversification.
Nokia hopes it will have a hit on its hands with Impact, an all-encompassing new Internet-of-Things management platform that brings together several existing products. The Intelligent Management Platform for All Connected Things builds on the company's established CPE (customer premises equipment) management tool for network operators, Motive Connected Device Platform, so broadband and home routers will be among the first devices to feel its impact. It already supports 80,000 different device types, Nokia said Tuesday. No doubt its new Smart Home Gateway, also unveiled Tuesday, will soon be among them. It combines a fiber "modem" with a router, dual-band gigabit Wi-Fi -- and Zigbee and Z-Wave radios for home automation.
Louisville, Kentucky is building a unique bridge between the smart city and the smart home. Here's what communities and citizens can learn about the benefits of the onrushing digital transformation. Nokia launched a set of services and technologies to manage a smart city's video surveillance, network, Internet of things sensors, parking and environment. Technology vendors such as Cisco, Huawei, Verizon and others are all targeting smart city management. IDC estimates that smart cities will spend $135 billion on technology by 2021.
Digital transformation is underway in practically every industry in the world. Companies, businesses and organizations throughout the world are leveraging their assets, big data and analytics for an edge over their competitors. In fact, data analytics and big data have gained popularity to the extent that data analysis for differentiation is considered advantageous by nearly 91% (click to learn more) of executives. What's more is that information-based products are impacting the revenues in a very positive way for at least one-third of Global 2000 companies.
At Informatica World 2017, Informatica announced CLAIRE, the metadata-driven artificial intelligence in the Informatica Intelligent Data Platform. In summary: CLAIRE is the engine that will deliver intelligence to all the data management capabilities of the platform. CLAIRE will make data management recommendations, suggestions, and even provide automation of some data management tasks. Data volumes and complexity are exploding while technology change is accelerating. And now The Economist has said that, "The World's Most Valuable Resource is No Longer Oil, But Data."