In the earlier days of the COVID-19 pandemic, various tech forecasts still had the year ending basically OK. Last month, for example, tech spending globally was estimated by the International Data Corporation (IDC) to maintain a 1% growth for the year, despite the shortfall in the first quarter.
The pandemic is spurring a range of tech-driven innovations, ranging from adaptations to new creations.
Yet as mobile usage surges, email is down 18% and web browsing is down 5%, according to App Annie study.
Unintended consequences can come along with innovations, including those around the Internet of Things. Now it turns out there may be unexpected results in consumer behavior relating to self-driving cars.
Consumers staying home due to COVID-19 are turning to tech. More than a third of U.S. households have purchased a tech device over the past week to help them adjust to the current reality.
COVID-19 has the potential of wreaking havoc on the technology supply chain. Now researchers have estimated a range of what that may look like. In one scenario, makers of smartphones, tablets, consumer robotics, smart speakers and wearables could see a shortfall of revenue up to $42 billion over the next nine months.
A new initiative to develop artificial intelligence tools is being launched by the Toyota Research Institute.
Using a smartphone to talk is back, at least for now. For the longest time, consumers have been migrating to texting and web surfing on their smartphones.
The market of connected things is taking at least a short-term hit due to COVID-19. Global smartphone shipments dropped 38% annually in the month of February.
Since its founding in 2015, Starsky Robotics raised more than $20 million to develop driverless trucks. But now the company has shut down.