Legacy Culture: Why Managers Resist Digital Marketing

Legacy Culture: Why Managers Resist Digital Marketing

“Despite notable successes, digital marketing has often stalled in a trial phase for years in many companies. Why is that? We find that the managers responsible often blame it on culture and legacy behavioral patterns.”

via McKinsey

Digital Wallet Transactions will Reach $9 Trillion in 2024

Digital Wallet Transactions will Reach $9 Trillion in 2024

For the savvy digital wallet provider, the fintech revolution in online payments and person-to-person remittance has enabled several new players to achieve a growing presence across the global financial services and retail ecosystems.

via Digital Lifescapes

Organize for Innovation: Rethinking How We Work

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In Organize for Innovation, Red Hat President and CEO Jim Whitehurst reflects on the technological, social, and economic forces impacting the ways we work.

via Opensource.com

Exploring Blockchain Feature Application Potential

Exploring Blockchain Feature Application Potential

“Blockchain is often discussed as if it is one single technology. But it is really a combination of several distinct features – decentralization, distribution, cryptography, and automation – which are combined in different ways by different platforms.”

via World Economic Forum

AI Market Revenue will Reach $190.61 Billion by 2025

AI Market Revenue will Reach $190.61 Billion by 2025

The artificial intelligence (AI) market was valued at $21.5 billion in 2018 and will reach 190.6 billion by 2025 — that’s a CAGR of 36.6 percent. Major drivers are big data, cloud-based applications, and demand for intelligent virtual assistants.

via Markets & Markets

Cloud IaaS Revenue will Reach $150.7 Billion in 2023

Cloud IaaS Revenue will Reach $150.7 Billion in 2023

Enterprises are using cloud services for strategic benefits such as supporting digital transformation efforts rather than for tactical ones, like reducing IT infrastructure costs and the hardware or software maintenance burden.

via Digital Lifescapes

AI for Predictive Maintenance Gains Momentum

AI for Predictive Maintenance Gains Momentum

Predictive Maintenance solutions market has reached $3.3B in 2018 and is forecast to grow at 39% to $23.5B by 2024. It is estimated that in 2024, adopters of Predictive Maintenance will save $188B in costs on top of other benefits such as improved regulatory compliance and enhanced safety.

via IoT Analytics