As a service

Backend-as-a-Service (BaaS) Market to Reach $28.7 Billion by 2032 at 25.3% CAGR: Allied Market Research

Retrieved on: 
Monday, January 22, 2024

PORTLAND, Ore., Jan. 22, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Backend-as-a-Service (BaaS) Market by Service Type (Professional Services, Support and Maintenance, Access and Identity Management, Usage Analytics, and Others), Operating System (iOS, Android, and Others), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail and E-commerce, Manufacturing, Media and Entertainment, Public Sector, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global backend-as-a-service (BaaS) industry generated $3.1 billion in 2022, and is anticipated to generate $28.7 billion by 2032, witnessing a CAGR of 25.3% from 2023 to 2032.

Key Points: 
  • However, the usage analytics segment is projected to manifest the highest CAGR of 30.6% from 2023 to 2032.
  • This is attributed to the desire of businesses to understand how their applications are used.
  • Usage analytics provide valuable insights into user behavior, helping companies improve and tailor their services.
  • This is attributed to thе incrеase in mobilе app and intеrnеt usagе across Asia-Pacific that has fuеlеd thе dеmand for quick and еfficiеnt app dеvеlopmеnt solutions.

Backend-as-a-Service (BaaS) Market to Reach $28.7 Billion by 2032 at 25.3% CAGR: Allied Market Research

Retrieved on: 
Monday, January 22, 2024

PORTLAND, Ore., Jan. 22, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Backend-as-a-Service (BaaS) Market by Service Type (Professional Services, Support and Maintenance, Access and Identity Management, Usage Analytics, and Others), Operating System (iOS, Android, and Others), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail and E-commerce, Manufacturing, Media and Entertainment, Public Sector, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global backend-as-a-service (BaaS) industry generated $3.1 billion in 2022, and is anticipated to generate $28.7 billion by 2032, witnessing a CAGR of 25.3% from 2023 to 2032.

Key Points: 
  • However, the usage analytics segment is projected to manifest the highest CAGR of 30.6% from 2023 to 2032.
  • This is attributed to the desire of businesses to understand how their applications are used.
  • Usage analytics provide valuable insights into user behavior, helping companies improve and tailor their services.
  • This is attributed to thе incrеase in mobilе app and intеrnеt usagе across Asia-Pacific that has fuеlеd thе dеmand for quick and еfficiеnt app dеvеlopmеnt solutions.

USD 1.78 billion growth in IT market in Qatar from 2022 to 2027; Growth driven by Increased adoption of mobility solutions - Technavio

Retrieved on: 
Friday, January 19, 2024

The adoption of mobility solutions is driving Qatar's IT market growth, supported by expanding wireless networks.

Key Points: 
  • The adoption of mobility solutions is driving Qatar's IT market growth, supported by expanding wireless networks.
  • Crucial for government operations, mobility facilitates data collection, unified communication, and e-government, aligning with Qatar National Vision 2030's digital transformation.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • The Oman - Information Technology (IT) Market trend -  Increased adoption of IT as a service is the major trend fueling the market growth.

Future CX Announces Exciting Partnership with DerSecur: Elevating Blockchain and Cloud Security Standards

Retrieved on: 
Monday, January 15, 2024

Sydney, Australia--(Newsfile Corp. - January 14, 2024) - Future CX Pty Ltd, a trailblazer in blockchain, AI, and Web3 technologies, has recently unveiled an exciting collaboration with DerSecur, a powerhouse in application security.

Key Points: 
  • Sydney, Australia--(Newsfile Corp. - January 14, 2024) - Future CX Pty Ltd, a trailblazer in blockchain, AI, and Web3 technologies, has recently unveiled an exciting collaboration with DerSecur, a powerhouse in application security.
  • This partnership heralds a new chapter in blockchain and cloud service security, combining Future CX's innovative edge in blockchain and AI with DerSecur's robust security expertise.
  • This partnership is poised to significantly elevate Future CX's portfolio, which spans decentralized cloud solutions, DApps development, smart contract development, and more.
  • Dan Chernov, CEO of DerScanner, emphasizes, "Our collaboration with Future CX serves as a prime illustration of how advanced security technology like DerScanner seamlessly brings value to cloud and blockchain services, establishing pioneering benchmarks in security and reliability.

D&H Distributing Sees Double-Digit Increases in Fiscal Year ‘24 To-Date

Retrieved on: 
Tuesday, January 16, 2024

One of D&H’s most recent investments is the launch of the company’s new D&H South sales and training facility in the Tampa, Florida, area.

Key Points: 
  • One of D&H’s most recent investments is the launch of the company’s new D&H South sales and training facility in the Tampa, Florida, area.
  • This new location officially opened in November and is serving as home base for more than 100 D&H co-owners.
  • D&H will host regular vendor-led training engagements and events for the sales team at this new and modern facility.
  • These areas have seen strong double-digit growth, reaching between 30% and 50% increases with key vendor partners.

BIO-key PortalGuard Wins 2024 Business Intelligence Group’s BIG Innovation Award for its Authentication Software

Retrieved on: 
Wednesday, January 10, 2024

“We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.

Key Points: 
  • “We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.
  • “Innovation is driving our society,” said Maria Jimenez, chief nominations officer of the Business Intelligence Group.
  • Nominations were then judged by a select group of business leaders and executives who volunteered their time and expertise to score submissions.
  • After this rigorous selection process, BIO-key was named the winner of the BIG Innovation Award in the prestigious Software category.

Third-party Banking Software Market Report- USD 12.31 billion from 2022 to 2028; Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Retrieved on: 
Thursday, January 11, 2024

The potential growth difference for the third-party banking software market between 2023 and 2028 is USD 12.31 billion.

Key Points: 
  • The potential growth difference for the third-party banking software market between 2023 and 2028 is USD 12.31 billion.
  • The growth of the Third-Party Banking Software Market is influenced by the proliferation of digital wallets, a significant trend boosting market expansion.
  • Read a Free Sample PDF Report Now
    The third-party banking software market is segmented by type (core banking software, omnichannel banking software, business intelligence software, and wealth management software), deployment (on-premises and cloud), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
  • The core banking software market size is estimated to grow by USD 20,638.03 million at a CAGR of 19.9% between 2022 and 2027.

WNS Recognized as a ‘Leader’ in Insurance by ISG

Retrieved on: 
Tuesday, January 2, 2024

In North America, WNS was named a ‘Leader’ in Life and Retirement (L&R) Insurance BPO, Property and Casualty (P&C) Insurance BPO, and Life & Retirement Insurance TPA.

Key Points: 
  • In North America, WNS was named a ‘Leader’ in Life and Retirement (L&R) Insurance BPO, Property and Casualty (P&C) Insurance BPO, and Life & Retirement Insurance TPA.
  • Across all categories, WNS was recognized for its deep domain expertise, innovative digital-first solutions , advanced analytics capabilities, and strategic platform partnerships.
  • “WNS’ ability to deliver digitally-led transformative offerings across insurance sectors while optimizing costs and enhancing efficiencies is well established.
  • “WNS is bolstering its position in the insurance BPO market by creating its proprietary offerings and forming new partnerships and alliances,” said Ashish Jhajharia, Lead Analyst, ISG.

Financial Institutions, Inc. Announces Leadership Changes

Retrieved on: 
Friday, December 8, 2023

Mr. Whiting will also join the executive leadership team as a direct report of President and CEO Martin K. Birmingham.

Key Points: 
  • Mr. Whiting will also join the executive leadership team as a direct report of President and CEO Martin K. Birmingham.
  • Additionally, several executives will assume expanded leadership responsibilities, ensuring the Company is better situated to serve its internal and external stakeholders.
  • The Company’s operations, product, and technology areas will move under Chief Financial Officer and Treasurer W. Jack Plants II, leveraging Mr. Plants’ financial services and operational expertise.
  • “I would like to also thank both Sean and Justin for their leadership and contributions to our Company.

AppTech Payments Corp. Featured in Insights Success Article: Revolutionizing Mobile Commerce Landscape with Customer-Centricity and Innovation

Retrieved on: 
Thursday, December 7, 2023

CARLSBAD, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company powering frictionless commerce between business-to-business and business-to-consumer, was featured in Insights Success with a recent article, Revolutionizing Mobile Commerce Landscape with Customer-Centricity and Innovation , highlighting the transformative power of the Company’s innovations in digital payments and banking.

Key Points: 
  • CARLSBAD, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (NASDAQ: APCX), a pioneering Fintech company powering frictionless commerce between business-to-business and business-to-consumer, was featured in Insights Success with a recent article, Revolutionizing Mobile Commerce Landscape with Customer-Centricity and Innovation , highlighting the transformative power of the Company’s innovations in digital payments and banking.
  • The article details the Company’s Commerse™ platform and its three primary products, Payments-as-a-Service (PaaS), Banking-as-a-Service (BaaS), and Commerce-as-a-Service (CXS).
  • Also highlighted is AppTech’s commitment to customer-centricity and innovation reflected by the Company’s approach to providing bespoke Fintech solutions that meet the unique needs of enterprises.
  • Finally, the article highlights the Company’s leadership team including Luke D’Angelo, Chairman & Chief Executive Officer, and Kaylei Wright, Chief of Staff, and how together they are revolutionizing Fintech.