Are You Data-driven, or Data-challenged?
Greetings, trend watchers and data fans! Our quiz crafters have created a challenging quiz to test your knowledge about key data stats and trends in digital transformation.
Spoiler alert: The answers are below, so be sure to take the quiz first!
Quiz questions and answers:
1. Smart and connected devices include almost any electronic device with an internet connection. How many smart and connected devices are in use today?
26.7 billion. In 2019, we’ve got about 26.7 billion smart and connected devices online. Driven by the Internet of Things (IoT) and other technologies, that number is expected to top 75 billion by the year 2025, according to Statista. There are smart fridges, smart yoga mats, and smart toasters, and so many more connected devices!
2. What percent of Fortune 500 companies have disappeared from the list since the year 2000?
50%. Half of Fortune 500 companies have either gone bankrupt or been acquired since 2000, according to Forbes. Digital disruption is happening faster than any time in history and will continue to accelerate.
3. What percentage of companies that existed before 1980 were no longer around by 2016?
80%. It’s not just large enterprise companies that face the risk of disruption. Recent research by Dartmouth professors examined all 29,688 companies listed on U.S. stock markets from 1960 to 2009, and found 80% were no longer listed. As digital disruption accelerates, so do corporate mortality rates. Organizational longevity has become a hot topic in recent years, along with an increased focus on employing new innovation, strategy, and leadership techniques for more effective digital transformation.
4. In 2018, autonomous vehicles drove how many miles on U.S. roads?
13 million. Alphabet subsidiary Waymo’s driverless fleet rolled up 11 million miles in 2018 and continues to post more than a million miles monthly. It’s early days for the autonomous vehicle sector, but Waymo vehicles have traveled way mo’ miles than rivals Uber, Ford, GM, Tesla, and Nissan—whose combined totals accounted for about two million miles in 2018.
5. Worldwide internet usage passed 1 billion users in 2005. In 2019, the number of global internet users is expected to pass what milestone?
4.4 Billion. Global internet usage reached 3.9 billion people in 2018 and is expected to reach 4.4 billion in 2019, according to Statista. And according to Wikipedia, 55% of the world’s estimated 7.5 billion population had internet access as of June 2018.
6. That’s a lot of internet use. Which country enjoys the world’s fastest internet connections?
Singapore! With a blazing 190 Mbps, Singapore leads the way in fixed (non-mobile) internet connection speeds. The U.S. comes in at sixth place with 109 Mbps, still much better than the worldwide average of 54 Mbps, according to Ookla’s February 2019 Speedtest Global Index. On the mobile side, Iceland topped the world with a speedy 72 Mbps average connection, according to the Ookla index.
7. Big Data represents a huge opportunity to unlock insights and growth. How much data actually is analyzed?
1%. In a 2016 report, McKinsey estimated that over 90% of the world’s data had been created in the previous two years, but just 1% of that data has been analyzed.
8. It took the internet seven years to reach 50 million users; Facebook took just four years. How long did it take Google’s Gmail Smart Reply to reach 50 million users?
It happened instantly! In 2017, Google rolled out Smart Reply technology to more than one billion Android and iOS Gmail users in an instant. Smart Reply, a machine-learning powered feature that suggests three possible replies to an email message, was developed by a Google team led by SU’s Co-Founder and Chancellor, Ray Kurzweil. One day, Smart Reply was available to a limited number of Gmail users. The next day, with the flip of a switch, more than a billion Gmail users saw Smart Reply capabilities in their inboxes. Learn more about exponential tech trends.
9. The U.S. Census Bureau defines a small business as one with fewer than 500 workers. What percent of U.S. businesses are considered small business?
99.7%. According to the Census Bureau’s 2016 Annual Survey of Entrepreneurs, there were 5.6 million employer firms in the United States. Firms with fewer than 500 workers accounted for 99.7% of U.S. businesses. Firms with fewer than 100 workers accounted for 98.2%, and those with fewer than 20 made up 89%.
10. Fortune 500 (U.S.) companies generated $12.8 trillion in 2017 revenues. How much revenue did Fortune Global 500 (worldwide) companies generate that same year?
$30 trillion. Fortune Global 500 companies generated $30 trillion in revenues and $1.9 trillion in profits in 2017. The Fortune 500, which includes only U.S. companies, generated $12.8 trillion and $1 trillion in profits that same year.
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