Most high-performing companies will manage their business processes using real-time predictive analytics or "extreme collaboration" by 2016.

A U.S. firm has announced the addition of a driver behavior feature set to its fleet tracking system. The technology aims to help fleet operators identify drivers who are compromising safety and fuel efficiency by their behavior behind the wheel.

The Middle Eastern and Northern African public cloud services market will see strong growth in 2013, experts predict. The increase in spending will represent a 24.5-percent increase from 2012, with revenue forecast to reach $462.3m in 2013, according to Gartner. The Middle Eastern and Northern African public cloud services market is forecast by the research group to grow 13.4 percent in 2012 to total $371.2m, compared to $110bn worldwide.

Swiss manufacturer ABB has said it will focus on reducing cost to offset economic uncertainty. In order to combat the sluggish global economy that has damaged sales for many providers of industrial equipment, ABB has focused on the bottom line. "In the short term, there are still a lot of questions around the pace of growth in Europe and the U.S. and the timing of the rebound in China," said Joe Hogan, chief executive officer of ABB.