Facts and Figures

MOST INTERESTING FACTS YOU OUGHT TO KNOW
  • 89% of private firms worldwide want to embrace a digital-first plan.
  • More than 85% companies are trying to be data-driven, but only 37% succeed.
  • By the end of 2019, total spending on Digital Transformation will reach 1,7 trill $. By 2022 it will be close to 2 trill $.
  • By 2030, 375 mill people globally (1/3 of every corporate employee) will have to learn a new profession as their repetitive activities will be automated
  • Even more complex activities than those currently performed by such workers will be carried out by Artificial Intelligent (AI) systems.
  • AI will generate 58 million new jobs worldwide by 2022 (in just 4 years).
  • Most of our current positions will have to be updated to exploit new technologies like Intelligence Automation, 3D advanced printing, or augmented reality.
  • There will be no such thing as “jobs without digitalization”.
  • 85% of companies worldwide use at least one cloud provider.
  • 60% of Western European companies and 70% North American companies use Amazon’s cloud services.
  • 39% of companies in South and East Asia use Google’s.
  • 70% of companies do not have a dedicated Data Curator (DC), but acknowledge they need one; 17% consider DCs useless; 12% have one and appreciate it; 1% realize they need one, but don’t have it.
  • 80% of C-level executives reckon that more Data Protection leads to better business results.
  • 28% of DT initiatives are owned or sponsored by CIOs, 23% of them are led by CEO: which means DT is still seen mostly as an IT (Information Technology) departmental interest and not a general, strategic interest of the whole corporation.
  • Reasons for DT: for 51% it’s a market growth opportunity; for 41% it’s a competition driven necessity; for 38% it’s a response to new regulatory standards (e.g., GDPR).
  • DT’s focus: for 54% it’s the customer (41% of companies do not know their customer); for 45% it’s the infrastructure.
  • Obstacles for DT: a) 28% view DT as a cost center; b) for 29%, it’s difficult to find data to prove ROI (they find it difficult to monetize the insights generated from data), c) for 26% it’s just resistance to change; d) for 26% there it poses legal and compliance issues.
  • Transformation: only 50% of companies build a proper culture of transformation and innovation.
  • Bias: 51% of business unit-level DT efforts focus on collaboration with IT, marketing and customer service. Which means data is not seen yet as a strategic asset of the company, but only as an asset related to some areas.
  • What’s missing: 51% of companies are not taking full advantage of the potential increase in revenue from their DT. For that they need to evolve their current business model.
  • By 2017, 67% of marketing executives were already using marketing automation platforms.
  • In 2018, automated design of marketing plans had reached every market.
  • In 2019 marketing intelligence is already the standard.
  • By 2020, the number of sales teams incorporating Artificial Intelligence (AI) will increase by 139% (more than double).
  • In 2012-2018, the value of telecom companies:
    • Almost halved in Europe (from 234 bill $ to 133 bill $).
    • But rose by 71% (to 532 bill $) in the USA.
    • And grew by 13% (to 561 bill $) in Asia.
  • Why? Digital Twins allow for the digital representation of large amounts of data and information (embedded in objects, machines, organs, etc.) to be shared between different people and companies (designers, engineers, operators, builders, etc.).
  • The 5G speed will make possible these data communications (now enhanced by Edge Computing solutions).
  • USA and China are leading in the deployment of 5G.
  • China has the biggest audience of mobile Internet users ready for 5G:
    • In the last Singles’ Day, 60% of payments were done through devices using biometrics.
  • Edge Computing (EC) is growing fast: 27% of global telecom companies will either implement it or expand it in 2019.
  • Europe: now or never
  • In order not to fall behind, Europe should launch 5G technology by 2020, which will involve 500 bill $ of private spending.