HYPERCONNECTIVITY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In October 2022, Uniphore, a pioneer in conversational AI and automation, announced a strategic partnership with Avaya, a global leader in solutions to enhance and simplify communications and collaboration, to bring Uniphore's integrated Conversational AI and communications platform to customers across the Middle East and Africa (MEA) region. This partnership aims to provide unparalleled, frictionless customer experiences to MEA customers by integrating Uniphore's Conversational AI and Automation products with the Avaya OneCloud CCaaS platform.
• In June 2022, Kyndryl, the world's largest IT infrastructure services provider that was spun off from IBM in 2021, announced a partnership with Oracle to help customers accelerate their journey to the cloud. Through this partnership, Kyndryl and Oracle will deliver managed cloud solutions to enterprises globally, enabling them to modernize their IT infrastructure and unlock the full potential of cloud computing.
• In May 2022, Avaya, a leading provider of communication solutions that enhance and simplify customer engagement, expanded its global partnership with Microsoft Corp., a major player in cloud computing and software solutions. This partnership combines the Avaya OneCloud portfolio with Microsoft Azure, providing organizations with enhanced options to boost productivity and customer engagement while ensuring unrivaled reliability, agility, and scalability.
• In July 2020, Verizon Business, a leading telecommunications company, announced a collaboration with IBM, a global leader in technology and consulting services, to drive innovation in 5G and edge computing aimed at enabling the future of Industry 4.0. The partnership will combine Verizon’s high-speed, low-latency 5G and Multi-access Edge Compute (MEC) capabilities, alongside IoT devices and sensors, with IBM’s expertise in AI, hybrid multicloud solutions, edge computing, asset management, and connected operations. Together, these aim to enhance industrial operations and facilitate the adoption of advanced technologies across various sectors.