If the chief information officer role was already shifting from tech expert to strategic business leader, the pandemic certainly served to accelerate this move. But, now that the CIO’s remit has expanded, they must choose their priorities carefully. From allocating budget to the right new technologies, to shoring up security, to addressing the skills shortage, where are CIOs focusing their energies going forward? -from Raconteur
While these expenses are rising, it’s important to remember that Amazon’s profits are still healthy. They generated $33 billion in profits for 2021. Majority of Amazon’s profits did not come from ecommerce to begin with. Amazon Web Services (AWS) accounts for over 50% of their operating profits, but only 13% of their sales. - From Visual Capitalist
For most of history, average life expectancy at birth for humans has stood around 30 years. But thanks to recent breakthroughs in technology and modern medicine, humans are now born with an average life expectancy closer to 80 years. How do human lifespans now rank compared to other animals? - From Visual Capitalist
The space race led to great technological advances, but these innovations came at a high cost. For instance, during the 1960s NASA spent $28 billion to land astronauts on the moon, a cost today equating to about $288 billion in inflation-adjusted dollars. Today, a SpaceX rocket launching can be 97% cheaper than a Russian Soyuz ride cost in the ’60s. - From Visual Capitalist
eMarketer forecasted that, in 2021, USA social commerce sales would by 35.8% to $36.62 billion and the number of USA social commerce buyers to increase to 96 million in 2022. Despite strong growth, the USA’s social commerce market was forecasted to be one-tenth the size of China’s $351.65 billion in 2021. – From Infographic Journal
A majority of global leaders feel worried or concerned about the outlook of the world, and only 3.7% feel optimistic. When it comes to short-term threats, respondents identified societal risks such as “the erosion of social cohesion” and “livelihood crises” as the most immediate risks to the world. - From Visual Capitalist
2022 Plans: I will probably shop the same, mostly on Amazon. It's basically perfected. A January 2022 survey of 1033 consumers about their shopping habits for the 2021 holiday season. - Digital Commerce 360
Some of the most popular brands that have changed their name depending on the market they have entered. Some of them are absolutely hilarious like “Meister Proper” and others we always suspected were part of the same pack like Walkers & Lay’s – but now it’s confirmed.
Based on the hundreds of predictions we analyzed, the general mood can be described as cautiously optimistic. For starters, the global economy will likely keep growing, but not at the rate it did in 2021. Where do experts see the ball moving over the next year? The Visual Capitalist bingo card sums up the top 25.
If 2020 was the year everything changed, 2021 was the year where we re-assessed what was really important to us - not least when it came to spending our money. Whether we were investing in home comforts or supporting local businesses, here are some of the ways in which customer behavior changed in 2021
In 2021, a handful of companies stood out from the pack, dominating the conversation and influencing society in both positive and negative ways. After vigorous internal debate, here is Visual Capitalist’s list of companies that defined 2021.
By the end of the Cyber 5, consumers have completed more than half of their holiday shopping and 59% of consumers have completed that shopping online. Online shopping over the 2021 Thanksgiving weekend mirrors 2019 shopping patterns. - From Digital Commerce 360
This infographic shows how countries around the world rank in terms of federal parental leave. Which country is most surprising to you? - From Infographic Journal
Did you know that in 2019, there were 6.7 million car accidents in the U.S. alone?
The data shows the number of fatalities for every 100 million miles driven. From a high of 5.1 in 1960 (the first year data is available), we can see that this metric has fallen by 78% to just 1.1.
Conversational AI was always poised to take off in 2021. In fact, Gartner predicted that 80% of businesses would implement some sort of conversational interface by the end of this year. With the emergence of COVID-19 came compounded growth for the category - and we wanted to capture just how far we’ve come. -from Hyro Hub
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