Quote of the Week/Number of the Week
$10.9 billion
Global spending on public cloud IT infrastructure in the second quarter of 2018.
$13 trillion
Additional economic activity AI could deliver by 2030.
4.6 million
The number of information technology (IT) workers now stands at 4.6 million, compared with just 450,000 in 1970 according to a new report from the U.S. Census Bureau’s American Community Survey. This upsurge means that IT workers now represent 2.9% of the U.S. labor force.
"American consumers want to know if their data has been breached no matter where the breach occurs. No industry should be allowed to keep its data breaches secret."
25%
The number of customer service operations that will use virtual customer assistants or chatbots by 2020
“Digital transformation requires collaboration and a joint set of initiatives that combine business and technology. As such, IT must be involved much earlier in process, whether it comes to developing new products and platforms, the planning of the launch strategy, or new pricing systems”
$1.5 Trillion
Anticipated US business and government tech spending in 2018
“Technology is changing quickly in our industry and the race is on. Our competitors no longer just make cars. Companies like Google, Apple, and even Facebook are what I think about at night because after all, we didn’t start out by making cars either!”
$202.42 Billion
The industrial control and factory automation market is expected to reach $202.42 Billion by 2020.
“So far, most people think about cyber in terms of having a credit card stolen. What you’re talking about now is a nuclear attack: If you can’t get to the ATM and get it to work."
$96 Billion
Global enterprise security spending in 2018
“It’s very easy to get captivated and fall in love with the tech but you have to take a step back and say to yourself, ‘Is this actually helping people, individual customers, and is it helping society?"