Amazon gets close to 50 percent of US ecommerce market share, PC sales up, cyber security critical in Internet of Things, Blockchain causes disruption

The following are some of the tech topics we are tracking:

Amazon’s share of the US e-commerce market is now 49 %, or 5% of all retail spend

Though Amazon has been at odds with the current political dispensation in the United States, it is keeping on growing. While President Trump's tweets against Amazon did affect its stock price, it looks like it has weathered the storm through its numbers. Amazon is set to clear $258.22 billion in US retail sales in 2018, according to eMarketer’s figures. The figures suggest that Amazon now has a market share of 49.1 percent of all online retail spend in the country, and 5 percent of all retail sales. Source: Tech Crunch. Note: Prime day was yesterday and all indications are they have outdone themselves in sales. The data we have that says that is the fact that their website was down. Can you believe that? The greatest provider of cloud computing capacity to the world had to surge so much to handle website demand that their site went down! Frankly that seems like great news for Amazon.

PC sales are growing for the first time in six years

After the onslaught of smartphones, the PC and laptop sales have been decreasing at an alarming pace for the past six years. However, it has bucked the trend this year. PCs shipments are growing, for the first time in six years according to market research firms Gartner and IDC. In the second quarter of 2018, with IDC claiming an increase of 2.7 percent and Gartner recording a more modest 1.4 percent of growth. Read more about the PC sales resurrection on The Verge.

To Grow The Internet Of Things, Improve Security

One field that is growing continuously is the Internet of Things. However, poor cybersecurity remains the bane of further development in the Internet of Things.  Bains & Company estimates that the IoT cybersecurity market by $9 billion to $11 billion in 2020. Further research by the company found out that that enterprise customers would be willing to buy more IoT devices if their concerns about cybersecurity risks were addressed. Read why the Internet of Things cybersecurity is important on Forbes.

The Importance of Having Cyber-Security for Innovations in Healthcare

Another sector which has been reeling under poor cybersecurity conditions is the healthcare sector. With a breach being reported every day last year, researchers had named 2017 as the year of healthcare data breach. While 2018 has been good so far for healthcare providers, the HRD services of these companies are currently looking at ways to motivate investment and innovation within the healthcare sector. Seth Horowitz argues that innovation in healthcare without proper cybersecurity is just not good enough on Sanvada Blog.

Here Are 10 Industries Blockchain Is Likely To Disrupt

Cyber innovation can't be complete without the mention of blockchain technology. Even skeptics agree that blockchain is the future of tech. In simplest terms, blockchain refers to a decentralized database. If you think of a traditional database like a spreadsheet, running on a single computer, blockchain distributes that so the spreadsheet runs on millions and millions of computers. It also uses state of the art cryptography, so that once information goes in, it is virtually impossible to get it out again without the original passcode or key. Read more about the 10 industries which could use Blockchain technology on Forbes.

 

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