Connected living and a network of 80 billion devices said to profoundly impact key industry sectors by 2020
Digital transformation is everywhere and it impacts our daily lives. Businesses are hugely influenced by digital transformation and Frost & Sullivan estimates that by 2020, the world will be connected through a network of 80 billion connected devices. This trend--connected living--is already impacting the way retail and banking verticals are interacting with their clients. New services such as mobile payments, kiosk services, online banking, real estate, and car or apartment sharing have already been incorporated to facilitate and enhance customer experience.
"The effects are profoundly important because, along with digital signatures, they create a new avenue for engaging with potential clients and customers," said Jean-Noel Georges, Global Programme Director for Information & Communication Technologies at Frost & Sullivan. "Growth within the digital signature market is expanding. Enterprise adoption grows organically as consumers and enterprises become more familiar with, and accept, digital signatures."
A recent Frost & Sullivan white paper outlining the successful and efficient market deployment of the digital signature will provide an in-depth understanding of the functional and security standards that are stipulated by the recent announcement from the eIDAS (Electronic Identification And trust Services). The paper also highlights a variety of uses that could be identified within the four major verticals: regulated professions, governments, sales departments and internal company organisation.
"The paper offers advice on how to contain technology development costs and also provides insight into the importance of implementing a scalable and sustainable solution," concluded Georges. "These solutions will accommodate future business and technical requirements."
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