In measuring performance in education, societies often mistakenly focus on inputs rather than outcomes. It’s common to erroneously measure success by counting the resources devoted to it. But expenditures do not equal success. Indeed, societies would like to spend – for an equivalent outcome – as little as possible.
via INSEAD Knowledge
“A product that took 12 to 18 months for a Western company to bring to market might take only four to six weeks within the Shanzhai ecosystem. It was common for Western companies that announced a new gadget to find Shanzhai versions of it on the shelves before they could put it on sale themselves.”
AI market in the APAC region, including software, hardware, and services, will grow from $6 billion in 2017 to $136 billion by 2025. By the end of the forecast, China will become 70% of the market, followed, by Japan, South Korea, India, and the rest of APAC.
According to the latest market study by Juniper Research, global annual network operator billed revenues from 5G connections will approach $300 billion by 2025, rising from $894 million in 2019. This represents an average annual growth of 163 percent in its first six years of operation.
In the IaaS market, the competitive landscape is consolidating around the current leaders. The top four providers are all hyperscale IaaS providers and represent approximately 73 percent of the total IaaS market and 47 percent of the combined IaaS and infrastructure utility services (IUS) market.
While Silicon Valley in California still leads the way internationally, Beijing is hot on its heels. In the period that Beijing saw 29 unicorns, Silicon Valley had 57, but the Chinese cities are ramping up to compete as investors start to look beyond California.