Internet of Things (IoT) Budgets and Importance by Industry

Posted on March 29, 2016 by GilPress

emarketer_IoT

An April 2015 survey of global executives across a variety of different industries conducted by Tata Consultancy Services (TCS) found that respondents in banking and financial services predicted that average IoT per-company spending for their sector would grow to $153.5 million by 2018, up nearly 31% from $117.4 million in 2015. Respondents in the insurance industry expected their average per-company budgets to rise about 32% between 2015 and 2018, from $77.7 million to $102.9 million.

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An August 2015 poll of IoT decision-makers worldwide by International Data Corporation (IDC) found that just 43% of respondents in the finance industry were familiar with the IoT. This compared with 56% in the retail industry, which had the highest percentage of those in the know. Despite this relative lack of knowledge, the same study found that 58.4% of finance-industry decision-makers viewed the IoT as a “strategic” initiative, compared with 20% who believed it was “transformational.” Perhaps more significant, only 5.6% of respondents said it was unimportant.

Source: eMarketer

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Smart City Technologies (Infographic)

Posted on March 28, 2016 by GilPress

Smart City technologies

Source: Raconteur

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World Backup Day (Infographic)

Posted on March 31, 2016 by GilPress

Backup this World Backup Day - 31st March 2016 (Infographic)

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Wharton Customer Analytics and Teradata Event (Video)

Posted on March 21, 2016 by GilPress

[youtube https://www.youtube.com/watch?v=yaz2UGaSxJg?rel=0]

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Digital Marketing Landscape 2016, 87% Growth

Posted on March 21, 2016 by GilPress

marketing_technology_landscape_2016.jpg

2016 Marketing Technology Landscape Supergraphic (PDF)

2016 Marketing Technology Landscape Supergraphic (1,200dpi JPEG)

Scott Brinker:

As mind-boggling as it is, the marketing technology landscape grew even bigger. I’ve fit 3,874 marketing technology solutions on to a single 16×9 slide — almost twice as many as last year.

I say “solution” instead of “company,” because some companies are included multiple times in different categories. The big enterprise software firms — Adobe, Google, IBM, Microsoft, Oracle, Salesforce, SAP — have the most instances of their logo on the page, but there are others too.

I loosened my restrictions on “one logo per page” a little bit to better reflect vendors who sell solutions in many categories across the landscape. But given space constraints, I was still pretty miserly about putting most companies in only one category — usually the one that seemed to be primarily represented on the home page of their website.

I estimate the de-duped count of logos is closer to 3,500 — approximately 87% growth over last year. That’s really amazing when you consider how large the landscape was last year already.

 

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Digital is 22% of the world’s economy

Posted on March 15, 2016 by GilPress

DigitalAsPercentofEconomyTen in Fifteen: Digital was 22 percent of the world’s economy in 2015. It will rise to 25 percent by 2020, a 10 percent increase since 2005.

According to our global technology survey of more than 3,100 IT and business executives, 86 percent of the executives anticipate that the pace of technology change will increase rapidly or at an unprecedented rate in their industry over the next three years. And many companies, already reeling from the impacts of technology and the changes they need to make in response, find themselves temporarily overwhelmed—some even paralyzed
as they absorb the magnitude of the tasks ahead.

 

Source: Accenture

 

 

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The Brute Force of AlphaGo

Posted on March 14, 2016 by GilPress

 

David Silver, Google DeepMind:

The search base at Go is too enormous and too vast for a brute force approach to have any chance of succeeding… The search process itself is not based on brute force, more on something akin to imagination…. Humans are not able to make the precise tree-based computation that computers are able to perform. Humans have a limitation in the number of Go games they are able to process in a lifetime… It is at least conceivable that AlphaGo could, given enough processing, given enough training, given enough search power, reach a level that’s beyond any human.

Define “Brute Force”?

Wired:

The machine knew the move wouldn’t make sense to all those humans. Yes, it knew. And yet it played the move anyway, because this machine has seen so many moves that no human ever has…. drawing on all its other training with millions of moves generated by games with itself, it came to view Move 37 in a different way. It came to realize that, although no professional would play it, the move would likely prove quite successful. “It discovered this for itself,” Silver says, “through its own process of introspection and analysis.” Is introspection the right word? You can be the judge.

Define “Introspection”? Maybe a better term to use is “Brute Force”?

 

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26 Largest FinTech Deals of 2015

Posted on March 10, 2016 by GilPress

fintech-2015

Bloomberg.com:

A new report from KPMG International and CB Insights shows that private funding flowed relatively freely into the fintech industry in 2015, feeding into an overall trend that has seen startups opt to stay private for longer.

 Investment in venture capital-backed fintech companies jumped more than 100 percent, hitting a record $13.8 billion in 2015. The number of deals also increased to 653 from 586 the year before.

 

FinTech_BI

FinTech_whatHappensHour

 

 

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12 Apps with 1 Billion Users

Posted on March 8, 2016 by GilPress

1-billion-users-chart

Jeff Desjardins:

So far, the only companies in possession of apps or programs with more than one billion active users are Google, Facebook, and Microsoft.

Amazingly, Google alone has seven of them: Search, Gmail, Maps, YouTube, Android, Chrome, and Play. The last of these to reach the one billion mark was Gmail, as per Alphabet’s announcement earlier this month during an earnings call.

Google also has the app that reached one billion users the quickest: Android did it in only 5.8 years.

Facebook also has three apps that can make the billion user claim. Facebook itself has the largest audience out of all of these apps, with 1.59 billion monthly active users. WhatsApp, which Facebook bought for $22 billion in October 2014, has also recently announced on its blog that it also surpassed the one billion user mark. This now fulfills a promise that Mark Zuckerberg made to Facebook shareholders at the deal’s outset.

Lastly, there’s Microsoft’s Windows and Office products, which are the only paid products that could crack the list. They took the longest to get there: 25.8 years and 21.7 years respectively.

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Digital Tipping Point: Online Advertising will Surpass TV Advertising in 2017

Posted on March 8, 2016 by GilPress

Digital_ads

eMarketer:

Next year will mark a major milestone for ad spending, as total digital surpasses TV for the first time, according to eMarketer’s newest quarterly ad spending forecast. In 2017, TV ad spending will total $72.01 billion, or 35.8% of total media ad spending in the US. Meanwhile, total digital ad spending in 2017 will equal $77.37 billion, or 38.4% of total ad spending.

 

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