IDC forecasts spending on GenAIsolutions will double in 2024, grow to $151.1 billion in 2027 Market research 

IDC forecasts spending on GenAIsolutions will double in 2024, grow to $151.1 billion in 2027

An updated forecast from International Data Corporation (IDC) shows enterprises will invest more than $19.4 billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business services, is expected to more than double in 2024 and reach $151.1 billion in 2027 with a compound annual growth rate (CAGR) of 85.9%... Read More
School Photographers of America announces 2024 officer elections People on the Move 

School Photographers of America announces 2024 officer elections

School Photographers of America (SPOA) announced the election of new officers to two-year positions on Nov. 30, in Las Vegas, NV. at SPOA Leadership Summit. These elections are held every other year. SPOA Governing Board Members of the Governing Board help guide the overall direction of our trade organization. The board’s seats have two-year terms, with a two-term maximum per... Read More
CYME updates Peakto photo cataloguer to improve photo ingestion experience News Updates 

CYME updates Peakto photo cataloguer to improve photo ingestion experience

CYME introduced version 1.10 of its Mac photo cataloger, Peakto, featuring a completely revamped photo ingestion experience allowing the software to connect to photos twice as quickly and perform batch operations for immediate usability. While the application performs seamlessly on the latest Apple chips, CYME has achieved with this release the goal of making Peakto highly responsive on Intel Macs,... Read More
Junebug Weddings announces winners of 2023 Best of the Best Wedding Photography Contest Events News 

Junebug Weddings announces winners of 2023 Best of the Best Wedding Photography Contest

Nearly 10,000 images from photographers around the world were submitted to Junebug Weddings’ 2023 Best of the Best Wedding Photography Contest. Junebug, a wedding resource site, debuted the top 50 to reveal a collection of the best wedding photos taken within the last year. Since 2008, Junebug Weddings has been hosting annual wedding photography contests to curate image collections that best represent... Read More
NRF: Census Retail Sales Numbers ‘On Track’ With NRF Holiday Spending Forecast   Market research News 

NRF: Census Retail Sales Numbers ‘On Track’ With NRF Holiday Spending Forecast  

November results reported by the U.S. Census Bureau today show holiday season retail sales appear likely to meet the National Retail Federation’s forecast, NRF Chief Economist Jack Kleinhenz said. “Today’s report highlights consumers’ strength and continuing capacity to spend,” Kleinhenz said. “Jobs and wage gains together with falling energy prices have supported holiday shopping as we predicted. Lower inflation for... Read More
Celebrity photo greeting cards get media attention Marketing News 

Celebrity photo greeting cards get media attention

Holiday greetings never went out of style but now the products are getting some high-wattage partnerships. As previously reported, Shutterfly brought back reality TV star Kris Jenner for a second year as a celebrity spokesperson. High-profile consumer media like The Daily Mail covered the promotion as if it were news.     Minted, the premium design marketplace for holiday cards... Read More
Kodak Moments inducted into Kiosk Industry Hall of Fame News 

Kodak Moments inducted into Kiosk Industry Hall of Fame

Kodak Moments is the newest member of the Kiosk Industry Hall of Fame, an award presented by the Kiosk Industry Group to recognize outstanding achievement and long-standing service to the kiosk industry. Kodak Moments is the first business to be inducted into the Kiosk Hall of Fame since its inception in 2003. Previously, the Hall of Fame was an honor... Read More
Diving Deep into Cybersecurity: Threats, Prevention, and the Importance of Awareness News 

Diving Deep into Cybersecurity: Threats, Prevention, and the Importance of Awareness

Get ready to dive into the murky waters of cybersecurity with our guest, Matthew Wolfe, director of Cybersecurity Operations at Impero Software Solutions. Ever wonder what information is under threat in the photo/imaging industry? Ever consider the ramifications of mishandling sensitive data? Wolfe unveils the significant role of human error in data breaches and emphasizes the value of cybersecurity awareness in preventing... Read More
US Chamber: Small business index drops as small businesses’ confidence in the economy falters Market research 

US Chamber: Small business index drops as small businesses’ confidence in the economy falters

The Q4 MetLife and U.S. Chamber of Commerce Small Business Index shows small businesses’ confidence in the economy dropping nearly eight points from Q3. The Index score, which measures small business owner confidence, fell to 61.3 from 69.2— a return to the scores seen earlier this year and in late 2022. Small businesses’ worsening view of the national economy and their local... Read More
CNBC/NRF Retail Monitor shows strong retail sales gain for first half of holiday season Market research 

CNBC/NRF Retail Monitor shows strong retail sales gain for first half of holiday season

The holiday shopping season got off to a good start in November as retail sales showed strong gains, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access November retail data. “November Retail Monitor data shows that consumers are embracing the holiday season and promotions being offered by retailers,”... Read More
NRF: 2023 economy has seen ‘vigorous growth’ despite recent slowdown Market research 

NRF: 2023 economy has seen ‘vigorous growth’ despite recent slowdown

After a year of challenges, the economy has proven to be healthy even as it continues to slow, said Jack Kleinhenz, chief economist, NRF, at a briefing. “The U.S. economy is on track to end 2023 with vigorous growth for the year,” Kleinhenz said. “A strong labor market, rising wages, and access to excess savings have helped spending continue despite... Read More
Bridge Bank loans Gooten $3.5 million in venture debt term loan Investments News 

Bridge Bank loans Gooten $3.5 million in venture debt term loan

Bridge Bank announced its Technology Banking Group closed a $3.5 million venture debt term loan with Gooten to use the funds for continued growth and expansion. Gooten provides order management systems to power on-demand production to more than 10,000 businesses “We believe in supporting ventures that contribute to the overall economic landscape, and Gooten embodies that spirit,” said Roger Klarmann,... Read More
dm offers a new range of photo calendars through allcop New Products 

dm offers a new range of photo calendars through allcop

Allcop GmbH & Co. KG announced it now producing a photo calendar for dm, building on the 15-year relationship producing its own photo book brand Paradies-Fotobuch for the large German drug chain. At fotoparadies.de, the online shop for individual photo items from dm, users can order Paradies photo calendars either online or using the ordering software. “We are very pleased... Read More