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Worldwide Enterprise Software Revenue to Surpass $253 Billion in 2011

added: 07-02-2011

Business intelligence (BI), collaboration, content management, social software and supply chain management will be the top application software growth segments in 2011, according to Gartner, Inc. This year, the focus will be on modernizing packaged application systems, enabling diverse user access through software as a service (SaaS) and cloud services, and driving revenue and innovation.

Bankrate: Mortgage Rates Hold Steady

added: 04-02-2011

Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate inching higher to 5.02 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.

One Billion Mobile Broadband Subscriptions in 2011

added: 03-02-2011

Worldwide mobile broadband-enabled subscriptions are mounting up, and will hit the one billion mark in 2011. According to the latest market data released by ABI Research, at the end of 2010 there were more than five billion mobile subscriptions globally, with one in five of those having access to mobile broadband. Another 28% growth or 6.6 billion wireless subscriptions is expected by 2016, with 40%, or twice the current percentage of users, being mobile broadband-enabled.

CFO Survey: U.S. Leads Europe in Economic and Business Confidence

added: 02-02-2011

Chief Financial Officers in the U.S. lead CFOs in Europe in optimism, access to credit and plans for hiring new workers, according to the most recent survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business. Despite their differences, U.S. and European CFOs share some of the same business challenges and economic worries as they kick off 2011. Executives on both sides of the globe are seeing opportunities for their local economies and businesses in 2011 following a difficult few years, with similar plans for capital expenditure.

Mobile Phone Market Grows 17.9% in Fourth Quarter, According to IDC

added: 30-01-2011

The worldwide mobile phone market grew 17.9% in the fourth quarter of 2010 (4Q10), a new quarterly high driven by smartphones. According to the International Data Corporation (IDC) Worldwide Mobile Phone Tracker, vendors shipped 401.4 million units in 4Q10 compared to 340.5 million units in the fourth quarter of 2009. Vendors shipped a total of 1.39 billion units on a cumulative worldwide basis in 2010, up 18.5% from the 1.17 billion units shipped in 2009.

Wilmington Trust’s Long-Term Capital Markets Forecast Sees Muted Economic Growth, Below-Normal Investment Returns

added: 28-01-2011

Economic growth in the United States and overseas will remain tepid for several years before returning to historical norms, with fixed income returns staying low to the point of offering little or no return above inflation. Equities are not expected to be hurt as much as fixed income as more meaningful growth eventually resumes. These are two of the primary conclusions of Wilmington Trust’s 2011-2017 Capital Markets Forecast, the new installment of the company’s annual long-term outlook for the financial markets.

CEOs' Confidence Restored to Pre-Crisis Levels as Recession Woes Wane

added: 27-01-2011

Two years removed from the depths of recession, CEOs' confidence in future growth has returned to nearly pre-crisis levels, according to PwC's 14th Annual Global CEO Survey. In the worldwide poll of 1,201 CEOs, 48% said they were "very confident" of growth in the next 12 months. That's a major shift from the 31% last year who were "very confident" last year and approaches the 50% reached in 2008 before the onslaught of the economic crisis.

Food Prices: Tackle Volatility with Better Functioning Markets, says OECD’s Gurría

added: 26-01-2011

Global Health Insurance Costs Expected to Increase by More Than 10% in 2011, Towers Watson Survey Finds

added: 24-01-2011

The cost of employer-provided health insurance is expected to increase by more than 10% around the world in 2011, according to a new survey of health insurers conducted by Towers Watson, a global professional services company. Additionally, little relief is in sight, with the vast majority of respondents expecting higher medical costs over the next five years.

Well Functioning Housing Markets are Key for Stability and Growth

added: 21-01-2011

Poorly managed housing markets played a key role in triggering the recent global financial crisis and may be slowing the recovery. A new OECD study offers governments a roadmap for sounder housing policies.

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