Knowledge Library

Curated by BPI Network staff

Facts and Stats

Nov 28, 2016
McKinsey estimates the total IoT market size in 2015 was up to $900M, growing to $3.7B in 2020 attaining a 32.6% CAGR.
Forbes *

Dec 06, 2016
General Electric predicts investment in the Industrial Internet of Things (IIoT) is expected to top $60 trillion during the next 15 years.
Forbes *

Dec 13, 2016
69% of UK consumers use mobile payment – this number could soon be the case globally, as smartphone adoption in emerging economies continues.
ITProPortal *

Dec 20, 2016
By 2020, Millennials will be 50% of the workforce.
Harvard Business Review *

Jan 03, 2017
42 percent of Millennials said they are "very" comfortable hosting their company's most essential applications or services on the public cloud, versus 32 percent of Gen X and Baby Boomers.
CIO *

Jan 03, 2017
Currently more than 54 percent of the world’s population lives in urban areas. The United Nations projects this number will increase to 66 percent by 2050.
Digital Trends *

Jan 10, 2017
The average total cost of a traditional breach is more than $7,000,000.
ITProPortal *

Jan 17, 2017
80 percent of companies are failing to align digital technologies with business outcomes.
IT Business Edge *

Jan 24, 2017
Almost 71 percent of government and municipality leaders believe remote sensing and metering will be the most important advancement for smart cities, while 50 percent said Big Data will play a major role. 
Milwaukee Business Journal *

Jan 31, 2017
Digital transformation is widespread with 27% of organizations indicating that they have implemented a "transformative" strategy across their entire business and 45% claiming to have implemented digital transformation across parts of the business, with a further 25% suggesting that they planned to adopt strategies in the future. Only 2% of organizations had no plans to adopt digital transformation.
Forbes *