Facts and Stats

Feb 02, 2023
Poor data quality costs an average organization $13.5 million per year.
Gartner *

Feb 01, 2023
The number of cellular machine-to-machine (M2M) connections in industrial automation applications is predicted to grow at a CAR of 23.2%—from 2.5 million connections at the end of 2013 to 7.1 million connections by 2018.
Oracle *

Feb 01, 2023
The Industrial Controls and Factory Automation market is projected to reach $301.9 billion by 2020.
Oracle *

Feb 01, 2023
Research indicates that the use of IoT and M2M technology in industrial automation systems will increase by 25 percent over the next three years.
Oracle *

Jan 28, 2023
Gartner says by 2017, US Customers’ mobile engagement behavior will drive mobile commerce revenue to 50 percent of US digital commerce revenue.  
Gartner *

Jan 26, 2023
Companies are investing heavily in big data. Yet today 85 percent of that big data investment is going toward IT services, not software.
Gartner *

Jan 19, 2023
Despite big data, despite a decade of heavy investment in innovation, despite chief innovation officers and efficient R&D, failure rates for new products are still hovering at 60 percent. Two-thirds of new product concepts don’t even launch. 
Strategy + Business *

Jan 04, 2023
By 2017, 60% of the data centre-based IT assets that firms rely on to conduct business and deliver services will be in co-location, hosting, and cloud data centres.
BusinessTech *

Jan 01, 2023
The top challenges in manufacturing span people, processes, and technology.
LNS Research *

Jan 01, 2023
Still in the early adopter phase, 34% of companies are currently investing or planning on investing in IIoT technologies over the next year.
LNS Research *