“Cloud-based application platforms are becoming the pacemakers in the software industry. Pure cloud platform providers such as Salesforce, Workday, and ServiceNow have been getting a lot of attention, and this will continue and even intensify.”
“In a 2019 Gartner survey, only 40% of HR leaders reported their workforce planning activities were effective at aligning talent needs with business objectives, and only 41% said they’re good at analyzing internal labor markets.”
“AI raises the analytical capabilities of CPG manufacturers and retailers to a new level and helps to optimize decision-making and to automate processes and actions. This includes optimizing internal processes such as logistics, inventory, and supply chain management.”
“Data has become the world’s most valuable currency. It is being produced at an unprecedented scale and pace. In just one day, roughly 500 million tweets are posted. Around 294 billion emails are sent. Five billion searches are made. Every day, we produce 2.5 quintillion bytes of information.”
Contactless transactions at POS are increasingly displacing cash in multiple markets. The study found that the average value per contactless transaction will grow from under $19 in 2019 to over $23 in 2024, with mobile payments and increasing contactless card issuance in the U.S. driving transaction growth.
Manufacturing is in the midst of a major digital revolution and is investing in Industrial Internet of Things (IIoT) technologies like Artificial Intelligence (AI), Augmented Reality (AR), robotics (AGVS, AMRs) and cloud-based simulation and modeling.