[INFOGRAPHIC] The Internet of Things

With the rise of Industry 4.0, much discussion has been done around the topic of analytics. A basis by which all new technologies depend on. Around 2.5 Quintillion bytes of data are created everyday, most of which are created by consumers (online research, past purchases, mobile payments), and who all contribute to the development of consumer-centric strategies.

The Internet of Things (IoT) refers to the ever-expanding network of interconnected internet-enabled devices that use data (stored in large cloud) as their main currency. 50Bn devices connected by 2020 entails new business models for companies, new ways of processing and manufacturing and new ways of marketing and buying. Smart-factories will be able to predict demand and prevent waste, produce in a more timely manner and reduce bullwhip effects. From the demand side, consumers' demands will be met in real-time, their needs sustained and their smart-houses able to replenish food and detect security breaches.

McKinsey estimates that the IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. Although still in its infancy, this technology is becoming a reality everyday, with firms like Amazon and Google pioneering in the industry: Echo and Google Home.

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[INFOGRAPHIC] Disrupting Finance: The Case of FinTechs

The rise of digital technology has been the catalyst for the rapid increase in the number of FinTechs. In 2014, investment growth more than tripled and in 2015 doubled to reach $22.3Bn. There is a widely understood imperative by incumbents to jump in the bandwagon as soon as possible to compete with the 'new kids on the block'.

By 2020, consumer banking and payments/fund transfers as we know them will most likely face the highest disruptions. Like any other service, finance will have the customer at the core of their objectives: convenience, timeliness, and most importantly the absence of a mediator.

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[INFOGRAPHIC] The Case of Netflix: What It Did Right

While the rise of digital technologies have taken industries by storm, it is important to recognize that companies need to equip themselves with the right tools and strategies in order to stay relevant in the future. We take a look at how Netflix revolutionized the media and entertainment industry.

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