Type of Article: MacTech Blog

A new study from Juniper Research (www.juniperresearch.com) has found that global hardware sales revenue from BMI (brain machine interfaces) will reach $19 billion per annum by 2027, up from an estimated $2.4 billion in 2018. BMIs bridge the gap between technology and the brain, interpreting brain signals for the purpose of interpretation or control.

The research group found that medical uses will account for 78% of shipment revenues by 2027. This will be due to development of advanced medical uses, such as artificial vision and prosthetic control.

According to research findings released by NTT DATA Services (nttdataservices.com), which specializes in global technology services, U.S. healthcare consumers want simple and reliable digital interactions for routine transactions, such as filling prescriptions, accessing test results and making doctor appointments. In fact, 59% of U.S. consumers expect their healthcare digital customer experience (DCX) to be similar to retail.

The worldwide Ethernet switch market recorded $6.9 billion in revenue in the fourth quarter of 2017 (4Q17), an increase of 3.2% year over year. For the full year 2017, the market recorded more than $25.7 billion in revenue for a year-over-year growth rate of 5.4%.

The worldwide enterprise wireless local area network (WLAN) market grew 6.5% year over year in the fourth quarter of 2017 (4Q17) with revenues of $1.5 billion, according to IDC (www.idc.com).

Enterprise WLAN growth for the full year 2017 was 5.7% with $5.7 billion in revenues, notes the research group. The combined enterprise and consumer markets decreased 0.3% year over year in 4Q17, but rose 0.2% for the full year 2017, indicating the market for consumer-grade WLAN remains weak.

Aspen Technology (www.aspentech.com), an asset optimization software company, has announced the results of a recent survey of over 400 energy industry managers and executives about the impact of analytics and big data on the energy business in the next 24 months. The data confirmed that improving reliability is the key objective for upstream and downstream companies as well as the engineering, procurement & construction (EPC) firms that serve them.