Just In! The top news of the web - Week 9

What should you take away from the news this week? In this episode, we’re going to discover: more than 56% of social media influencers are on metaverse, the development of the virtual market, the increase of HR automation, and many more.

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Numerous UK organizations are at risk for experiencing stunted growth due to the lack of investment in digital transformation systems. The report has observed that four in five UK firms can't scale plans to their potential with the current network. 20% of UK organizations state they are unable to attempt the digital transformation process.

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Social business has turned into an essential basic for brands looking to extend income and catch new customers. B2C electronic commerce leaders are always the first actors who look for social commerce initiatives, according to the report of Emplifi.

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Advertiser spending on TV and social network is highly inflated in relation to daily consumption according to analytics of 100 overall business sectors by advertising knowledge administration WARC. The result also shows that in the main quarter of 2021, online media attracts more sponsors than TV.

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The virtual reality market size is expected to grow by USD 52.77 bn from 2021 to 2026. The potential development of the market will speed up at a CAGR of 60.80%. The purchaser of the virtual reality market is divided by types (equipment and programming) and geology (APAC, North America, Europe, MEA, and South America).

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UK firms consider 5G tech as a useful tool that helps them against the impacts brought by the Covid-19 pandemic and related worldwide occasions. But in many cases, more than half of the UK companies don’t know how to implement it efficiently, EY research found.

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HR tech spending is increasing, since the beginning of the “Great Resignation”, and a need to put resources into technology advances is emerging, for example, chatbots and RPA to deal with expanding jobs. Discover all the details in the article!

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