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Growing Acceptance of Smart Home Devices Will Drive Double-Digit Growth Through 2023, According to a New IDC Forecast
Beyond the first quarter, IDC anticipates the global smart home market will reach 840.7 million units by the end of 2019 and grow to 1.46 billion units by 2023
Idc  marketsizing  IoT  voice  numbers  links  via:Workflow 
25 days ago by cote
Camera scanning vehicles result in big jump in parking fines
Before Amsterdam started using scanning vehicles in 2013, the Dutch capital issued 18.5 million euros in parking fines. Last year Amsterdam issued nearly 30 million euros in parking fines, an increase of 61 percent. Before using scanning vehicles, Rotterdam issued 177,895 parking fines in 2014. In 2016 that increased by 86 percent to 330,326, before dropping by 6 percent to 310,684 in 2017. AD did not receive more recent figures from Rotterdam.

Delft saw a 26 percent increase in paring fines, Utrecht saw an increase of 17.5 percent. In The Hague, the parking fines increased by half. Tilburg told the newspaper that its issued fines tripled since it started using scanning vehicles.
Digitaltransformation  numbers  parking  Amsterdam  proofpoints  govt  city  links  via:Workflow 
26 days ago by cote
Earwear and Watches Expected to Drive Wearables Market at a CAGR of 7.9%, Says IDC
The market for wearable devices is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million units in 2023 with a compound annual growth rate (CAGR) of 7.9%
Idc  marketsizing  numbers  wearables  links  via:Workflow 
4 weeks ago by cote
Jamie Dimon: JPMorgan Employs 30,000 Programmers
Just this month[April, 2014], Jamie Dimon, CEO of JPMorgan, told the firm’s shareholders in his annual letter that JPMorgan employs “nearly 30,000 programmers, application developers and information technology employees who keep our 7,200 applications, 32 data centers, 58,000 servers, 300,000 desk-tops and global network operating smoothly for all our clients.”
enterprise  JPMC  developers  digitaltransformation  numbers 
10 weeks ago by cote
A new player in a new game
Like most other ‘new generation’ IT providers, Fastly plays up its growth rate while playing down the cost of that growth. Sales at the company rose about 40%, year over year, in 2018 to $145m. In comparison, Akamai is a single-digit percentage grower, although it is roughly 10 times larger than Fastly. Fastly also runs in the red, largely because its gross margins are just 54%, 10 percentage points lower than those at Akamai.
ipos  cdn  numbers  links  via:Workflow 
12 weeks ago by cote
Dutch now pay more on housing, healthcare and energy than before the crisis: ING
In 2017 basic needs such as housing, healthcare, food and energy accounted for 41 percent of household spending, compared to 36 percent in 2008. Housing and maintenance in particular became a relatively larger cost item, increasing from 19.5 percent in 2008 to 23.7 percent in 2017. Healthcare accounted for 3.8 percent of household spending in 2017, compared to 3.1 percent in 2008. Households also spent a larger portion of their income on food and non-alcoholic beverage, increasing from 10.1 percent to 10.8 percent. According to ING, this is due to faster than average price increases.
Netherlands  costofliving  numbers  links  via:Workflow 
april 2019 by cote
Fixing Europe’s zombie banks
Unlike America, where banks have a return on equity of 12%, Europe does not have strongly positive government-bond yields, or a pool of investment-banking profits like that on Wall Street, or a vast, integrated home market. All this is true, but European banks have been lamentably slow at cutting their costs, something which is well within their control. As a rough rule of thumb, efficient banks report cost-to-income ratios below 50%. Yet almost three-quarters of European lenders have ratios above 60%. Redundant property, inefficient technology and bloated executive perks are the order of the day.
Banks  EU  numbers  links  via:Workflow 
april 2019 by cote
Oracle swings axe on cloud infrastructure corps amid possible bloodbath at Big Red
These US-based layoffs are part of a broad round of job cuts around the globe this month, said to range from 500 to 14,000 at the database giant. The biz employs about 140,000 worldwide.
Layoffs  Oracle  cloud  numbers  links  via:Workflow 
march 2019 by cote
For important disclosures and certifications,
Yet, through its many ups and downs, the relationship has proved resilient. Trade flows between the eu and the United States remain the world’s biggest, worth more than $3bn a day. Shared democratic values, though wobbly in places, are a force for freedom. And, underpinning everything, the alliance provides stability in the face of a variety of threats, from terrorism to an aggressive Russia, that have given the alliance a new salience.

At the heart of this security partnership is nato. By reaching its 70th birthday the alliance stands out as a survivor—in the past five centuries the average lifespan for collective-defence alliances is just 15 years. Even as European leaders wonder how long they can rely on America, the relationship on the ground is thriving. As our special report this week explains, this is thanks to nato’s ability to change. No one imagined that the alliance’s Article 5 mutual-defence pledge would be invoked for the first, and so far only, time in response to a terrorist attack on America, in September 2001, or that Estonians, Latvians and Poles would be among nato members to suffer casualties in Afghanistan. Since 2014 the allies have responded vigorously to Russia’s annexation of Ukraine. They have increased defence spending, moved multinational battlegroups into the Baltic states and Poland, set ambitious targets for military readiness and conducted their biggest exercises since the cold war.
Keybanc  qtr_calls  financials  numbers  enterpriseIT  spending  charts  links  via:Workflow 
march 2019 by cote
The Gig Economy is Actually Pretty Tiny - Nextgov
> According to the data, in May 2017, just 1 percent of workers were “gig economy workers whose tasks were electronically mediated,” or sourced through technology platforms like Uber, Upwork or TaskRabbit.

> Moreover, in the workforce as a whole, 89.9 percent of people had a standard work arrangement as their main job, slightly up from 89.1 percent in 2005. Put another way, “nonstandard work arrangements," such as independent contractors, amounted to less than 11 percent of jobs in 2017, the analysis says.
numbers  gigeconony  labor  work 
march 2019 by cote
The New Bellwether For Enterprise IT
> IBM used to be the bellwether, then it was HPE for a while when it was just called Hewlett Packard, and now it seems to be Dell Technologies.
servers  dell  qtr_calls  numbers  revenue  tpm 
march 2019 by cote
Meanwhile, does tumblr just burn cash?
> The reality is that Tumblr is almost certainly a big money loser: the app was earning about $13 million in revenue on expenses of about $25 million when Yahoo acquired the blogging platform/social network in 2013, and while that is not necessarily reflective of how much the service might generate today (although it probably is — more on this in a moment), it is not hard to imagine that the risks outweighed the rewards for Verizon.
tumblr  pornography  web2.0  paywall  verizon  numbers  revenue 
december 2018 by cote
High churn rate in the S&P 500
Innosight's third study of company's ability to maintain leadership positions estimates that by 2018, 50% of the companies on the S&P 500 will drop off, replaced by competitors and new market entrants. Staying at the top of your market-heap is getting harder and harder.

This is often used to show how difficult the business world is now. It's hard enough to get to the top, and hard to stay there.
digitaltransformation  strategy  numbers  S&P500  business 
september 2018 by cote
The New Affluents
Time to reap: “Several traits about the new affluents distinguish them as ideal prospective customers for brands of all sectors. In particular, luxury brands looking to woo customers with a little extra in their pockets might find this group a good place to start. Gen Xers’ share of national wealth is forecast to grow from under 14% in 2015 to nearly 31% by 2030, while Millennials’ share is forecast to grow from just 4% in 2015 to 16% by 2030, according to Gartner research. Additionally, this group is likely to be raising families and becoming first-time homebuyers, making them prime targets for home and CPG brands.... Though the new affluents want to save, they are likely to be in the midst of costly life transitions related to family and are also paying off significant debt, meaning money management is definitely on their mind.”
cpg  marketsizing  marketing  thekids  demographics  numbers 
august 2018 by cote
Facebook’s facing limits
"By most estimates, the entire global ad market (digital and offline) sits at roughly $550-600bn and by that measure Facebook, whose sales come almost entirely from ads, commands nearly 10% of it." But, compared to Google: "If Facebook plans to regain the value it lost with its latest earnings announcement, it’s going to have to ink some riskier acquisitions that increase its addressable market, or at least take it into new corners of advertising."
451  Marketsizing  numbers  facebook  advertising 
july 2018 by cote
Five Minute Finance
A fantastic, quick overview for understanding all those finance numbers and sheets.
redmonk  finance  accounting  numbers 
may 2018 by cote
Digital transformation in power generation and delivery
"Over the next decade, the electricity industry is predicted to unlock approximately $1.3 trillion in value through development and digitization of infrastructure, including platforms, devices, as well as cloud and advanced analytics."

With the "greatest opportunities are predicted at the retail (8.5% EBIT improvement) and generation (6.6%) levels."
ge  digitaltransformation  verticals  predix  power  numbers  cases 
may 2018 by cote
The sky’s the limit
‘But China could add 13% to its GDP by 2025, relative to a baseline, if it increased women’s employment, hours and productivity as quickly as the leading countries in its region or peer group, McKinsey says. That would translate into an extra $2.6trn by 2025 (an economy the size of France). In India the relative gain could be even greater (18%), because it has far more room for improvement. McKinsey’s scenario would require 37% of Indian women to be in the workforce, up from 27% now.’
studies  numbers  labor  asia  gender  captalism 
april 2018 by cote
Allstate Technology Chief Develops The Uber Of Roadside Assistance
Success: "The Good Hands Rescue Network digital platform was launched in August 2016. Since then, we have seen a revenue lift in the tens of millions that is likely to grow to the hundreds of millions."

Business value/metrics: "After a year, we are averaging around 25,000 rescues a month… With the end-to-end digital process of the request, response and time to arrive, we are seeing an average actual time of arrival (ATA) at 27 minutes, which has reduced the wait time by almost half. This is consistent with our primary objective of reducing the amount of time a motorist is stranded."
allstate  proofpoints  numbers  success  digitaltransformation  cloudnartive  cases 
april 2018 by cote
Home Depot is launching its biggest tech hiring spree ever to protect its lead over Amazon
“Home Depot plans to add more than 1,000 new hires to its technology teams in 2018” adding to the 2,800 it already has in “technical roles.”

Types of roles:

“The hires will span roles such as software engineering, user experience design, network engineering and product management, and be located predominately in the company’s Atlanta, Austin and Dallas technology offices, the company said.”
digitaltransformation  retail  numbers  homedepot  staffing 
april 2018 by cote
Gartner: IT spending to hit $3.7 trillion thanks to record 6.2% growth in 2018
“This is the highest annual growth rate that Gartner has forecast since 2007 and would be a sign of a new cycle of IT growth,” said John-David Lovelock, a research vice president at Gartner. “However, spending on IT around the world is growing at expected levels and is in line with expected global economic growth. Through 2018 and 2019, the U.S. dollar is expected to trend stronger while enduring tremendous volatility due to the uncertain political environment, the North American Free Trade Agreement renegotiation and the potential for trade wars.”
gartner  marketsize  IT  forecasts  numbers 
april 2018 by cote
How vulture capitalists ate Toys 'R' Us
“Just before the buyout, the company had $2.2 billion in cash and cash-equivalents. By 2017, its stockpile had shriveled to $301 million, even as its debt burden ballooned from $2.3 billion to $5.2 billion. Meanwhile, Toys 'R' Us was paying $425 million to $517 million in interest every year. This enormous cash drain probably made it impossible for the company to invest or innovate even if its trio of buyers had been up to the challenge.”

Debt is its own disruption.
pe  toys  bain  numbers  retail 
march 2018 by cote
Uber Spent $10.7 Billion in Nine Years. Does It Have Enough to Show for It?
“ Inc. is famous for its losses over the years. But even in the heyday of the dot-com bubble, the e-commerce giant never came close. Amazon’s biggest loss was in 2000—a $1.4 billion embarrassment, or about $2 billion adjusted for inflation. Most years, Amazon turns a profit, albeit a small one. What Uber backers can point to, though, is a nearly unmatched pace of sales growth. Even as Uber’s revenue reached $2.3 billion in the fourth quarter of 2017, its annual growth rate remained strong, at about 90 percent compared with 2016. That’s faster than most tech companies with a similar valuation. Only one U.S. tech company of Uber’s size, Micron, grew at anything close to that last year.”
financials  numbers  uber  hp  ridesharing  amazon 
march 2018 by cote
The State of the Cloud Industry in 2018
“We believe good companies grow from $1 million to $10 million in annual recurring revenue (ARR) in four years, but the best companies can do it in just two years.”
vcs  cloud  valuations  numbers  predictions 
february 2018 by cote
The great experiment
I don’t really understand much of this, as usual, but it’s one of the rare economic pieces that I feel like I kinda get.
economy  numbers  economics 
february 2018 by cote
Largest insurers plan biggest IT budget increases
"Thirty-six percent of those reported premium over $1 billion per year; those companies also said they planned to increase IT budgets by about 11% on average. Carriers between $500 million and $1 billion in premium plan an average increase of 5%."
spending  verticals  numbers  surveys  digitaltransformation  forecasts 
february 2018 by cote
New Relic CEO Lew Cirne - "Digital is the new front door" for business
“For its third quarter non-GAAP operating income was $2.7 million compared to an operating loss of $4.9 million for the same period last year. Revenue was $91.8 million for the third quarter, up 35% year-over-year.”
monitoring  newrelic  numbers  qtr_calls 
february 2018 by cote
Is Microsoft Azure really making up ground on AWS?
In terms of raw figures, not growth, Azure is still a way behind. Even a generous assumption of Azure's share of that US$5.3 billion intelligent cloud revenue figure for the quarter would put it well behind the US$5.1 billion AWS racked in over a similar period. Dave Bartoletti, a principal analyst at Forrester estimates AWS revenue at US$18 billion and Azure, excluding Office 365 and other non-platform revenue, at US$12 billion for the calendar year. "Azure has been growing faster on a smaller base, yes, but in our view, AWS's growth is still very strong even at their size," he added. "Azure is giving AWS a run globally, and is close to feature parity on many services. "Azure has also aggressively built out global regions and is on par with AWS for global data centre locations. It's a healthy and exciting market, and Azure's doing quite well."
azure  marketshare  momentum  cloud  publiccloud  numbers 
february 2018 by cote
Microsoft results show a distributed computing future
“The company reported 98% Azure revenue growth this quarter and commercial cloud revenue growth of 56% year-on-year to $5.3bn. The shift to Office 365 recurring revenue is also beginning to pay off, with the company reporting a 41% increase in Office 365 commercial revenue from installed base growth.”
numbers  microsoft  momentum  azure  cloud  qtr_calls 
february 2018 by cote
Strong financial results from Microsoft as it aims for breadth of services
“strong results such as these show how the company can succeed by continuing to migrate its business users to cloud services. It remains deeply embedded in business computing”
numbers  qtr_calls  financials  microsoft  azurestack 
february 2018 by cote
GDPR requests to take thousands of hours a month, says survey
“Large enterprises expect to get an average 246 GDPR enquiries per month, for which they will need to search 43 databases (seven minutes per search). They will spend more than 1,259 hours on this, which equates to nearly 60 hours of searches per working day or 7.5 employees dedicated solely to GDPR enquiries.”

It’s a database management company doing the survey, but still a good wet finger in the wind
privacy  compliance  surveys  eu  GDPR  numbers 
january 2018 by cote
Appian survey: Big obstacles to digital transformation
Vendor survey done with 463 respondants over on, good news topics:

"A lack of IT skills was reported by 82 percent; 91 percent are struggling with technical debt; 20 percent have huge application backlogs of more than 50 new app requests; and 72 per cent said they don't have confidence in being able to scale IT to meet the needs of the business."
numbers  digitaltransformation  surveys  appdev 
january 2018 by cote
Oracle to market: We're Cloud 2.0
“Oracle's positioning is that its later start to the cloud has provided the chance to learn all the lessons of the first-generation providers.”

Good, deep (for word count) overview of Oracle’s cloud stuff.
cloud  Oracle  paas  numbers  momentum  saas 
january 2018 by cote
Dropbox files for IPO -- and their numbers are looking solid
"doing over $1B in annualized sales and are cash flow positive."
ipos  storage  dropbox  revenue  numbers 
january 2018 by cote
Driven by AI, blockchain and IoT, IT spending could hit $3.7 trillion in 2018 - SiliconANGLE
Gartner says: “businesses will spend nearly $3.7 trillion on information technology hardware, software and services in 2018, up 4.5 percent [y/y]”
gartner  spending  IT  numbers 
january 2018 by cote
Amazon lost cloud market share to Microsoft in the fourth quarter: KeyBanc
For 4Q2017: “Amazon Web Services had 62 percent market share in the quarter, down from 68 percent a year earlier, KeyBanc's Brent Bracelin and other analysts wrote in a note on Thursday. Microsoft Azure jumped from 16 percent to 20 percent, and Google's share increased from 10 percent to 12 percent, they said.”
numbers  gcp  azure  google  cloud  marketshare  aws 
january 2018 by cote
Do Your Customers Actually Want a “Smart” Version of Your Product?
Figuring out product management for home automation/IoT. Plus a sampling of market-sizing and penetration stats.
IoT  numbers  marketsize  surveys 
january 2018 by cote
Lots of M&A in 2017
“Worldwide, more than 50k deals went down, worth in excess of $3.5T. More than a quarter of these (13,024) were in the US, up from 11,470 in 2016.”
m&a  numbers  amazon 
january 2018 by cote
Private cloud TCO and such, from 451
“private cloud can be a less expensive option for enterprises than public cloud. Forty-one percent of 150 IT decision-makers surveyed in February 2017 as part of a custom 451 Research project for VMware claimed to be operating their own private clouds at lower unit costs than public cloud.”
451  surveys  privatecloud  roi  numbers 
january 2018 by cote
Your Uber Car Creates Congestion. That May Cost You More To Ride. - New York Times
“About 103,000 for-hire vehicles operate in the city, more than double the roughly 47,000 in 2013, according to the Taxi and Limousine Commission. Of those, 68,000 are affiliated with ride-hailing app companies, including 65,000 with Uber alone, though they may also provide rides for others. In contrast, yellow taxis are capped by city law at just under 13,600.”

On the other hand, it’s probably easier to get around, even if slower. And, you know, how are you gonna solve for the density of Manhattan, esp. if people don’t want to foot the bill for lots of mass transit?
transportation  numbers  urbanplanning  NYC  uber 
december 2017 by cote
​Red Hat on its way to becoming the first billion-dollar-a-quarter open-source company | ZDNet
‘I'll tell you something that's not fantasy. In the next few years, Red Hat will become the first billion-dollar-a-quarter open-source company, and that's real money... Here's how. First, as Jim Whitehurst, Red Hat CEO, said in the earnings call, "We anticipate exiting the fiscal year with an annualized run-rate of approximately $3 billion for total revenue."’
numbers  predictions  momentum  qtr_calls  redhat  opensource 
december 2017 by cote
Number of retail stores likely to shrink
Over serving in retail: ‘Feinberg says reports of the retail industry's demise are "way overblown." Instead, he says the industry is "facing a retrenchment," because retailers have way too many stores open.’
sears  disruption  walmart  numbers  amazon  retail 
december 2017 by cote
CRN Exclusive: Michael Dell On Completing The EMC Integration, M&A Strategy, VMware NSX Synergies, And 'Refocusing' On Storage In 2018 | CRN Mobile
With IoT: "Now that I have all this new information, all this data, how do I turn it into a better outcome for my customers?' This is where Pivotal often comes into play. So a lot of companies are using Pivotal as the operating system for their Internet of Things platform or their digital transformation for their cloud-native apps."

Also: "You look at our balance sheet, you see $18 billion in cash and investments. We paid down to close $10 billion since the combination with EMC and VMware. For the third quarter, we had $19.6 billion in revenue and $2.3 billion in EBITDA"
numbers  pivotal  dell  IoT  MSD  qtr_calls  goingprivate 
december 2017 by cote
Fear of Automation
“What this ignores, for the 50% that thinks the Internet is good, is that without it, and the automation and communication it has enabled, the workplace would be very different today. And that is one way the creep of insidious automation has been taking over.”
surveys  automation  work  numbers 
december 2017 by cote
VMware crushes another quarter, with help from $100m DXC deal • The Register
3rd quarter "revenue of US$1.98bn... Net profit came in at $443m, up from $319m"
numbers  vmware  qtr_calls 
december 2017 by cote
Dunkin' Donuts - doing digital, but mostly donuts
“On-The-Go orders, mobile orders reached 3% of total transactions during the [past] quarter, and many of our urban and high-volume locations are seeing nearly 20% of their transactions go through mobile ordering.”
numbers  payments  qtr_calls  mobile  donuts  foodservice 
october 2017 by cote
Serverless computing: economic and architectural impact | the morning paper
Serverless computing: economic and architectural impact Adzic et al., ESEC/FSE’17 Today we have another paper inspired by talks from the GOTO Copenhagen…
IFTTT  via:Instapaper  serverless  numbers  roi  cases  proofpoints  cloudnative 
october 2017 by cote
Left in the lurchGlobalisation has marginalised many regions in the rich world
Between 1990 and 2010 the rate of economic convergence across American states slowed to less than half what it had been between 1880 and 1980. It has since fallen close to zero. Rich cities started pulling away from less well-off counterparts (see chart 1). According to the Brookings Institution, a think-tank, in the decade to 2015 productivity growth in American metropolitan areas was highest in the top 10% and the bottom 20% (where, by definition, the baseline was low). Struggling middle-income cities like Scranton fell further behind. A recent report by the OECD found that, in its mostly-rich members, the average productivity gap between the most productive 10% of regions and the bottom 75% widened by nearly 60% over the past 20 years.
Numbers  economics  studies  links  via:Workflow 
october 2017 by cote
At Last! Atlassian Surges on Strong Earnings, Forecast
The enterprise collaboration software vendor said it earned 12 cents a share, three cents ahead of the consensus estimate. Revenue climbed 41.7% year over year to $193.8 million, also above the $185.8 million analysts had forecasted.
Qtr_calls  revenue  momentum  appdev  numbers  links  via:Workflow 
october 2017 by cote
IBM Now Has More Employees in India Than in the U.S.
130,000 employees in India; “Although IBM refuses to disclose exact numbers, outsiders estimate that it employs well under 100,000 people at its American offices now, down from 130,000 in 2007.”
india  offshoring  numbers  ibm  globo 
september 2017 by cote
Cloud Native Technologies in the Fortune 100 – Charting Stacks
RT @monkchips: interesting analysis by @fintanr. tldr extensive @cloudfoundry usage in production in the F100
IFTTT  Twitter  cloudnative  numbers  momentum  redmonk  containers  cloudfoundry 
september 2017 by cote
Segregated Valley: the ugly truth about Google and diversity in tech - The Guardian
“Google’s workforce is, by its own accounting, 69% male and just 2% African American. Just 20% of technical jobs are held by women. Google may be unequivocal in its “belief” about diversity, but the figures make its shortcomings clear. The company tends to hire white and Asian men over women and other racial minorities.”
diversity  gender  google  work  Numbers 
august 2017 by cote
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