Risks and Rewards Grow with the Booming Internet of Things

In case you think the Internet of Things is not yet real, Deloitte & Touche’s Craig Wigginton will set you right. “Ten to 20 billion things are connected today and that will grow to 40 to 50 billion things by 2020,” he said during a CES session. IoT is however, still growing. “Over 90 percent of things that could be connected are still not connected,” he noted. “There’s tremendous potential, with trillions of dollars at stake.” Risks are also at stake, including physical injuries and cyber crime, which costs companies $400 billion a year. Continue reading Risks and Rewards Grow with the Booming Internet of Things

CES: Merging Content with New Tech in a Fragmented World

Americans look at their cell phones 8 billion times a day, says Deloitte & Touche’s Craig Wigginton, who moderated a panel on “Merging Content With New Technologies.” Wigginton recited a flurry of statistics that underline today’s extreme fragmentation, a reality that challenges all content companies: Millennials check their smartphones 74 times a day, and 87 percent of them use it while watching TV. Meanwhile, 42 percent of Americans now use streaming services and over 50 percent of millennials watch on a small screen. Continue reading CES: Merging Content with New Tech in a Fragmented World