Connect with us

E-Business

IDC Forecasts Intelligent Systems Revenue to Exceed $2.2tri in 2020

Published

on

IDC_logo.jpg
Kindly share this post

Intelligent Systems at the edge will continue to grow as processors and connectivity are embedded into a plethora of previously unconnected devices, according to a new forecast, Worldwide Embedded and Intelligent Systems 2015-2020 Market Forecast, from International Data Corporation (IDC). The report forecasts that intelligent systems will log a compound annual growth rate (CAGR) of 7.2% from 2015-2020 with revenues exceeding $2.2 trillion in 2020.

“The vision of intelligent connected systems is real and far-reaching,” said Mario Morales, program vice president, Enabling Technologies and Semiconductors at IDC. “The IT (Information Technology) and OT (Operational Technology) industries are moving beyond the Internet of Things (IoT) buzz and are now deploying intelligent systems in specific markets like retail, industrial automation, automotive systems, and directly in our homes. Despite IT vendors and technology suppliers maintaining the initial mind share as the key builders of the IoT world, the vision, implementation, and ecosystem is centered on OT companies like GE, Siemens, ABB, GM, Bosch, Ford, Volvo, Toyota, Samsung, Honeywell, Hitachi, and others that hold decades of system knowledge and an entrenched position in each of the major industries investing in the next wave of embedded and intelligent systems.”

To enable and realize the true value of IoT, edge intelligence, which pushes processing for data intensive and processing applications away from the core to the edge of the network, continues to expand. As processors, microcontrollers, and connectivity are embedded into a plethora of new devices, “edge intelligence” in smart appliances, industrial machines, and automobiles continues to increase. The study identifies the fastest growing segments of the intelligent systems market, including wearables, advanced driver assistance systems (ADAS), automotive entertainment, drones, smart homes, smart buildings, video surveillance, 3D printers, and transportation telematics.

“A radical transformation is underway from the cloud to the edge of every major system. In an effort to address the opportunity, both edge and cloud infrastructure needs to continue to scale and support trillions of sensors and billions of systems,” said Les Santiago, research director, Wireless and IoT Semiconductors at IDC. “Increasing intelligence at the edge will be one of the primary drivers of growth of the overall semiconductor market over the next few years against the backdrop of a maturing smartphone and PC market and a difficult pricing environment in the memory markets. As such, vendors would benefit from structuring their product portfolios to take advantage of this trend.”

The study centers on the ongoing evolution of major system segments made up of traditional embedded systems that are now undergoing a disruptive migration to intelligent systems and the promise of service models that will emerge with the growth in adoption of these systems and the data generated.

The microprocessors, microcontrollers, connectivity and sensor opportunity enabled by both embedded and intelligent systems is quantified and forecasted through 2020.

Some of the tables and figures in the report are listed below – this is not an exhaustive list:

Top 15 Segments Driving Growth In Intelligent Systems, By 2015–2020 (CAGR) and 2020 Revenues > $1B

Top 15 Segments Driving Growth In Traditional Embedded Systems, By 2015–2020 (CAGR) and 2020 Revenues > $1B

Worldwide Microprocessor Core Shipments, Excluding PCs, Mobile Phones, Tablets, eReaders, and Servers, 2015-2020 (Mu)

Microprocessor Architectures in Embedded and Intelligent Systems by Industry, 2016

Microprocessor Architecture Revenues by Select Market Segments (Wearables, ADAS, Drones, Video Surveillance, Smart Home, Smart Building and others), 2016

Microcontroller Architectures in Intelligent and Embedded Systems by Industry, 2016

Microcontroller Architecture Revenues by Select Market Segments (ADAS, Healthcare, Smart Home, Smart Meters, Smart Building, Smart Cards, Wearables and others), 2016

Connectivity Share (Bluetooth, WiFi, Cellular, Zigbee, Ethernet, Other Wireless and Wired) By Industry, 2016

Sensor (Environmental, Image and Optical, Motion Sensors, Microphones, Others) Shipment Share By Industry, 2016

The IDC report, Worldwide Embedded and Intelligent Systems 2015-2020 Market Forecast, sizes and forecasts the traditional embedded systems and intelligent systems and microprocessor markets segmented across a broad set of industries and over 272 system categories.

The study also provides the context of Intelligent Systems within the broader vision of the Internet of Things (IoT) by IDC.

An illustration of the system segmentation taxonomy and market model is shown below. Please contact your salesperson or the authors of this document for access to this model.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

Kaspersky Reveals Malware Attacks on SMBs Disguised as AI Services Surged by Five Times in 2026

Published

on

Kindly share this post

From January to April 2026, Kaspersky security solutions detected more than 33,300 attacks on small and medium-sized businesses (SMBs), in which malicious or unwanted software for PCs were disguised as popular artificial intelligence (AI) services. This number has surged by almost five times when compared to the same period in 2025.

A new Kaspersky report reveals threat analysis and mitigation strategies to help SMBs protect themselves against the evolving threat landscape.

Kaspersky experts explored the extent to which threat actors target small and medium-sized businesses with malware disguised as legitimate AI services, considering the growing popularity of such tools for the business workflow. At the beginning of 2026 the most common lures in cyberattacks involved malware posing as ChatGPT (42%), Claude (24%), and DeepSeek (20%).

Among unique malicious files detected in the SMB sector and masqueraded as AI services, Kaspersky experts observed mainly different Trojware (Trojans and Trojan-like malware), including those capable of downloading and running other malware on compromised devices.

Trojware disguises itself as harmless files to trick users into installing them. Their functionality may vary depending on the type of the malware. It may include stealing, deleting, blocking, modifying or copying users’ data, as well as other malicious capabilities. Given this, Trojware represents a highly dangerous cyberthreat to entrepreneurs and businesses.

However, in 2026 Kaspersky telemetry detected even more attacks on SMBs, in which malicious or unwanted software for PCs were disguised as messenger apps and video conferencing software: Telegram, WhatsApp, Zoom and Microsoft Teams. From January to April Kaspersky solutions blocked almost 415,000 such attacks.

The number of attacks changed marginally compared to the previous year’s figures. Thus, Kaspersky experts note that the lure of fake communication apps remains a widespread cyberthreat.

“The threat landscape is evolving with new lures constantly appearing. For example, for the first four months of this year our solutions for small and medium-sized businesses detected hundreds of attacks, in which malicious or unwanted software were disguised as OpenClaw – an AI tool that rapidly gains popularity in 2026.

Corporate employees are increasingly using various AI services and other tools in their workflows, including those that are publicly available. Thus, to be on the safe side, SMB employees – as well as all users – should exercise caution when looking for software on the Internet. Always check the correct spelling of the website and links in suspicious emails, and use robust security solutions,” says Vasily Kolesnikov, security expert at Kaspersky.

“As adversaries constantly refine their methods to exploit human error, the need for up-to-date security awareness training for businesses of all kinds and sizes is undeniable. However, the reality is that micro-organisations often struggle to allocate time and budget to regularly update their staff on the latest threats and malicious trends.

“We believe this issue can be largely addressed through solutions tailored for small businesses which deliver robust core protection while also providing accessible security education,” adds Rodion Pyanov, product manager, Kaspersky Small Office Security.

 


Kindly share this post
Continue Reading

E-Business

LG Showcases AI-Powered Smart Living Innovations @ Africa Technology Expo 2026

Published

on

Kindly share this post

LG Electronics has reaffirmed its commitment to advancing innovation and smart living across Africa by participating as a supporting sponsor at the Africa Technology Expo (ATE) 2026, where the company is showcasing its latest portfolio of premium consumer electronics and home appliance innovations.

The two-day expo, themed around strengthening Africa’s enterprise technology ecosystem through collaboration and innovation, has brought together industry leaders, technology innovators, multinational companies, policymakers, and entrepreneurs to explore opportunities for cross-border partnerships and digital transformation across the continent.

As one of the supporting sponsors of this year’s event, LG’s interactive exhibition booth has become a major attraction, offering visitors firsthand experience of the company’s latest AI-powered technologies designed to enhance everyday life while delivering greater comfort, convenience, energy efficiency, and connectivity.

Among the innovations on display are the latest LG QNED TV, delivering exceptional picture quality and immersive entertainment; the iconic MoodUP™️ Refrigerator, which combines intelligent cooling with customizable LED door panels; the innovative LG WashTower™️, an all-in-one premium laundry solution that maximizes space and efficiency; the energy-efficient LG ARTCOOL Air Conditioner and LG Air Tower, designed to provide smarter climate control; alongside LG’s advanced Dehumidifier and other intelligent home solutions.

Speaking on LG’s participation, Mr. H.S. ji, Managing Director, LG Electronics West Africa, said: “Africa Technology Expo provides an excellent platform to engage with innovators, businesses, and consumers who are shaping the future of technology across the continent. At LG, innovation goes beyond creating advanced products, it is about developing meaningful solutions that improve everyday life.

“Our participation reflects our commitment to supporting Africa’s digital transformation while introducing intelligent technologies that make homes and workplaces smarter, healthier, and more energy-efficient.”

The Africa Technology Expo was established to foster stronger collaboration among African businesses, emerging enterprises, and multinational organisations. During the opening ceremony, the organisers emphasized the need for deeper continental collaboration to unlock Africa’s innovation and economic potential, noting that previous editions of the expo have facilitated approximately $192 million in business deals among participating companies.

LG’s presence at the event aligns with this vision by demonstrating how cutting-edge consumer technology can support economic growth, digital inclusion, and sustainable development across Africa.

Visitors to the LG booth are participating in live product demonstrations, interactive experiences, and expert consultations, gaining valuable insights into how LG’s AI-powered ecosystem seamlessly connects home appliances and entertainment products to deliver a smarter lifestyle.

As technology continues to reshape industries and everyday living, LG remains committed to driving innovation that empowers consumers, supports enterprise growth, and contributes to Africa’s evolving digital economy.


Kindly share this post
Continue Reading

E-Business

Want a Business Loan Without Interest? SMEDAN Launches N500m Fund

Published

on

Kindly share this post

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has secured a 12 million-dollar commitment from the South Korean Government to establish a Skills Acquisition Centre in Abuja to boost entrepreneurship and strengthen Nigeria’s Micro, Small and Medium Enterprises (MSMEs).

Want a Business Loan Without Interest? SMEDAN Launches N500m Fund

SMEDAN

The Director-General of SMEDAN, Mr Charles Odii, disclosed this in a statement on Sunday to commemorate the 2026 World MSME Day with the theme: “Empowering MSMEs through Innovation and Sustainable Industrial Development.”

Odii said the proposed centre would provide vocational and entrepreneurial training for thousands of young Nigerians and improve the productive capacity of small businesses across the country.

He said the agency was awaiting the allocation of land by the Federal Capital Territory Administration (FCTA) to commence the project.

According to him, SMEDAN is determined not to allow Nigeria to lose the opportunity presented by the South Korean Government’s intervention.

“We need land in the FCT to build the Skills Acquisition Centre. If the FCT Administration is unable to provide one, we will use our office premises in Idu, Abuja, because we do not want Nigeria to miss this 12 million-dollar commitment and opportunity offered by the Korean Government to support skills and vocational training,” he said.

Odii described MSMEs as the backbone of Nigeria’s economy, noting that the agency’s interventions were aimed at empowering small businesses to drive employment and economic growth.

“Small businesses are the heartbeat of Nigeria’s economy. They contribute significantly to employment generation and economic growth.

“By providing infrastructure, skills and financing, we are creating an enabling environment for them to grow, thrive and contribute meaningfully to national development,” he said.

The SMEDAN boss also announced the launch of a N500 million zero-interest Grow Fund to improve access to affordable finance for MSMEs.

He said the facility would be disbursed through cooperative societies, trade associations and business membership organisations under a revolving loan arrangement.

Odii explained that the association-based lending model was designed to improve accountability, ensure effective monitoring and guarantee that funds reached genuine entrepreneurs.

“We visited traders at the market because it is not enough to sit in offices and formulate policies without understanding the realities of the people we are meant to serve.

“We met with butchers, pepper sellers, vegetable traders, provision store owners and market leaders, and they all said one thing: they need access to affordable finance.

“That was why we immediately decided to launch the N500 million Grow Fund. We are not giving the money directly to individuals. We are giving it to associations that know their members and can monitor how the funds are used,” he said.

According to him, beneficiaries will access loans ranging from N250,000 to N500,000, depending on their business needs, without paying interest.

“The funding is meant to support and improve businesses. It should be used for working capital, workspaces, tools and other productive business needs.

“It is a revolving fund. When one beneficiary repays, another entrepreneur can access the same money. This way, the impact of the intervention continues to expand and more small businesses can benefit,” he added.

Odii said the agency planned to expand the fund through partnerships with state governments, development partners and financial institutions willing to provide matching funds.

He also disclosed that SMEDAN had commenced consultations on a new National MSME Policy, expected to be relaunched in November, to strengthen the policy framework for the sector.

He reaffirmed the agency’s commitment to supporting small businesses through skills development, access to finance and policies that would enhance their competitiveness and contribution to Nigeria’s economic development.


Kindly share this post
Continue Reading

Trending