BizTechReports Features Insights and Analysis from Frost & Sullivan, Gartner & ABI Research

Latest Analyst Roundup Offers Analyst Perspectives on: Smart Manufacturing, Legal Tech Automation Offerings, 5G and Industry 4.0
By: BizTechReports
 
SILVER SPRING, Md. - Feb. 16, 2022 - PRLog -- BizTechReports (www.biztechreports.com) has published its latest roundup of insight and analysis from leading analysts, influencers and consultants covering the technology markets. Here are the recent news and views:

A report from ABI Research finds that spending on smart manufacturing is expected to climb to $950 billion in 2030. 5G devices, smartphones, wearables, AI and machine learning are expected to drive this uptick in investments as factories adopt Industry 4.0 solutions. To read more, please visit: https://www.biztechreports.com/news-archive/2022/2/11/smart-manufacturing-spend-climbs-over-950-billion-in-2030-and-37-other-technology-stats-you-need-to-know

By 2025, 30% of so-called "legal-tech" automation solutions will combine software with staffing for a "human-in-the-loop" offering, according to Gartner. Despite growing demand for greater automation and increasing sophistication of tech innovations, machine learning solutions for corporate legal teams will struggle to incorporate the high levels of domain expertise required to have consistent success. Early efforts in legal-tech are expected to require high rates of exception management by highly qualified humans. To read more, please visit: https://www.biztechreports.com/news-archive/2022/2/15/gartner-predicts-that-human-in-the-loop-solutions-will-comprise-30-of-new-legal-tech-automation-offerings-by-2025

Meanwhile, Frost & Sullivan finds limitations of 4G networks are enabling 5G technology to become an important ally for Industry 4.0. The high bandwidth and low latency provided by 5G networks are driving process industries to partner with strategic 5G providers. Additionally, falling prices of technologies such as machine learning and big data analytics are pushing manufacturers toward technological solutions that improve quality and efficiency. To read more, please visit: https://www.biztechreports.com/news-archive/2022/2/16/5g-...

BizTechReports is a syndicated independent reporting agency with offices in the Washington, D.C. area that is dedicated to covering the researchers, analysts, consultants and industry influencers who report on the new developments that are making a difference with how it is that we live our digital lives.

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