16 February, 2015

Century of inventions....

1920-1940s: Chemical
1950-1960s: Electronics
1970-1980s: Drugs/medical
1990-2000s: Computers

Check out the image to know them in detail and after 2000 in the early years as we know it was  about Smart phones and Social Media. Now we are heading to Smart wearable devices, IOT, BYOD and customised apps. What next ? 

03 February, 2015

Mobile technology generated $3.3 trillion in 2014

We really love our smart phones -- but we should learn to embrace the monthly bill, too, a new economic report suggests.

How much do consumers value mobile connectivity? Consumers in developed economies (the U.S., Germany, and South Korea) put a price tag of more than $6,000 per year, or 12% of their income, on it, according to a new report out today from The Boston Consulting Group.

Sales and use of mobile phones generated nearly $3.3 trillion in revenues globally in 2014, according to The Mobile Revolution: How Mobile Technologies Drive a Trillion-Dollar Impact report, commissioned by Qualcomm. But the aggregate annual consumer surplus -- the benefit beyond what they pay for mobile services -- adds up to $6.4 trillion.

The majority of people surveyed were willing to give up dining out or going on vacation for a year in order to keep their mobile phone, said the researchers, who surveyed 7,500 consumers in the Brazil, China, Germany, India, the U.S. and South Korea.

In China and Korea, a majority of users would give up a subscription to home broadband Internet rather than go without a mobile phone, the report said.