According to the latest market study by Juniper Research, the IoT payments market will grow at an average of 75 percent per year over the next 5 years, reaching $410 billion by 2023. This is up from an estimated $24.5 billion in 2018 — and the most growth will come from in-vehicle payments.
What’s one of the biggest challenges to digital transformation progress. About half of those polled said that internal politics and cultural resistance disrupt their digital transformation efforts.
Creating an Agile Board is a journey, not a playbook. It takes experimentation, learning and practice. If businesses are to successfully navigate the waters of disruption, agility needs to be practiced and demonstrated from the very top.
This year’s online retail holiday weekend proved, yet again, the power of discounts. Thanksgiving, Black Friday, and Cyber Monday all posted +28 percent or higher digital commerce spending versus 2017, according to comScore.
Most major management consulting firms still posted strong earnings in 2018, although growth rates cooled slightly: business consultants still extract more value in digital transformation. However, the market is now being driven by enterprise buyers who are executing their digital growth agenda.
“Insights-driven companies derive value from their data. They systematically use data to deliver better customer experiences, improve operations, and create competitive differentiation — all of which adds to the bottom line.”