“Recent history is littered with examples of regulators being caught short by disruptive innovation and reacting suboptimally. Agile regulators lean into the latest technology trends and proactively shape them, using foresight methods to identify possible futures and make preparations to adapt.”
While the adoption of fintech services has skyrocketed globally, adoption rates in Canada and the U.S. are some of the lowest in the world. Is this good news for legacy financial institutions or a warning sign for the future? Here’s the answer.
via Financial Brand
The global IP geolocation solutions market will reach $4.5 billion by 2027 — it’s projected to expand at a CAGR of 11% from 2019 to 2027. Expansion can be attributed to an increase in data breaches and cyber-attacks, plus the usage of location-based services (LBS).
“These insights open doors for savvy marketers to capitalize on the morning usage, such as branded voice commands for morning consumer goods, or weekend usage, such as translating a weekly planning or productivity enhancement app to be more voice command friendly.”
“The amount spent globally on education technology is expected to increase approximately $342 billion by 2025 as EdTech is globally considered as a viable way to address increasing and changing learning demands. Technology can support classrooms, schools and education systems to evolve at the pace required to better serve learners in 2020.”
In 2020, the drive of the Fourth Industrial Revolution towards ubiquitous connectivity and digitalization will continue. But as new connections and technologies support socio-economic progress, cyber-attacks and risks to and stemming from these innovations will increase in frequency and impact.
“By 2023, IDC predicts enterprises’ ability to rapidly develop their own digital innovations will be a core competitive requirement, as more than half of the world-wide economy will be digitally driven.”