According to a Business Insider Intelligence report, the furniture retail category, which includes home goods, is among the fastest-growing segments in e-commerce. The research estimates that an estimated $38 billion was spent in 2016 to buy furniture online and accounted for nearly a quarter of the total market in America.
An IDC report published earlier this year, the Worldwide Semiannual Big Data and Analytics Spending Guide, forecasts global revenues for Big Data and business analytics to grow 12% this year to $150.8 billion. The 12% growth rate is expected to continue through to 2020, when the industry would have grown to more than $210 billion.
According to a Boston Consulting Report published earlier this year, B2B spending on the Internet of Things (IoT) technologies, applications, and solutions is estimated to grow to $267 billion by the year 2020. Nearly half of this spend is expected to be driven by the manufacturing, transportation and logistics, and utilities sector. This high value
According to a report from the Internet and Mobile Association of India and market research firm IMRB International, overall Internet penetration in India is currently around 31% with 60% penetration in Urban India. The number of Internet users in India was expected to reach 450-465 million by June 2017, up 4%-8% from 432 million in December
IBM (NYSE: IBM) has reported revenue decline for 21 straight quarters now. It has tried its hand at disruptive technologies like Blockchain, cloud and security, artificial intelligence (AI), and Internet of Things (IoT). But nothing seems to be working yet.
Twitter’s (NYSE: TWTR) future continues to look bleak. The financial performance in the recently announced quarterly results may have outpaced market expectations, but other metrics failed to impress. Twitter hasn’t figured out how the social and mobile worlds can be leveraged to deliver a growing business venture.
Earlier this week, Apple (NASDAQ: AAPL) announced a stellar quarter. Not only did it manage to turnaround the declining iPad sales, but it also promised a better outlook. The performance helped send the stock to record high levels.
It has been a busy quarter for Amazon (NASDAQ: AMZN). Earlier last month, Amazon announced a $14 billion acquisition of high-end grocery store Whole Foods. It was a surprising addition for the company, and its biggest one to date. But, first the earnings, which missed analyst expectations and sent the stock below its $1,000 milestone.