Digital Ecosystem: The Global Networked Economy
“We estimate that at least a dozen sectors, including B2B services, mobility, travel and hospitality, health, and housing, are reinventing themselves as vast ecosystems, networks of networks that could add up to a $60 trillion integrated network economy by 2025.”
via McKinsey
How Industry 4.0 Will Fuel 5G Global Revenue Growth
According to ABI Research, by 2026 there will be 5.3 million 5G connections on the factory floor which will generate revenue of more than $184 million — that’s a CAGR of 623 percent between 2021 and 2026.
More Industry Cloud Services Gain Momentum in 2017
On a geographic basis, the United States leads by a very large margin in terms of industry cloud adoption across the three aforementioned industries combined. It’s expected to reach 73 percent of worldwide spend in 2017, followed by Western Europe at 12 percent.
Why Industrial IoT and New Public Services will Blossom
The number of connected Internet of Things (IoT) devices, sensors and actuators will reach over 46 billion in 2021, according to the latest worldwide market study by Juniper Research. This 200 percent increase in growth from 2016 will likely be driven by a reduction in the unit costs of hardware.
Source: Digital Lifescapes
How Industry 4.0 Strategies Deliver Benefits to the Pioneers
First movers say they have invested 6 percent or more of their revenues since 2013 in Industry 4.0 efforts, and also claim high levels of digitization and competitive advantage. They appear to be finding rapid payoffs in efficiency, cost savings, and opportunities for innovation.
Source: Strategy + Business
The Internet of Things is Growing Across Many Industry Verticals
The possibilities for the Internet of Things (IoT) are leading businesses to embrace connected devices at a record pace. Forrester says over 50% of enterprises plan to adopt IoT within two years. Deloitte predicts that during 2015, 60% of all IoT-connected devices will be utilized by enterprises.
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