Quote of the Week/Number of the Week
“One of the advantages of e-commerce in the online experience is there’s a lot of data we can learn from”
The amount of money stolen due to business email compromise (BEC) fraud between October 2013 and December 2016
"The expectations of IT being changed, [IT] spending is now expected to support revenue growth for the company [rather than cost cutting]”
The percentage of consumer vehicles on the road in 2022 that will have at least one connectivity service, such as telematics, V2X (vehicle-to-everything) communications, or connected car commerce services.
“We can think about artificial intelligence as algorithmic intelligence… because what takes data and produces an outcome are algorithms that are written, overseen, governed, and managed by people”
Annual revenues in 2022 from sales of enterprise wearable device such as smartwatches, smart glasses, and wearable scanners.
“CIOs… have been too passive for too long… you have to be an active leader, demanding your seat at the table because your company needs you”
The cost to enterprises worldwide of criminal data breaches over the next 5 years
“Unless you can instrument and measure the change, you’ll never actually get the depth of change that you want”
Percent of CIOs reporting to CEOs in 2017.
“Things change so fast, especially in the travel and hospitality industry … if you don’t do something different, you’ll be out of business pretty quick”
Annual cost savings attributed to chatbots in 2022, up from $20 million in 2017