Spotify Statistics: More Than 100M Monthly Active Users

We spotted this stat today:

“Spotify has confirmed that it has more than 100m monthly active users on its music streaming service today.

Based on its last count, the Swedish company is adding 1.8m users to the service monthly, and 30pc of users are paying subscribers. ”

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Voice Is The New, New Thing

We spotted this interesting stat today:

“Humans can speak 150 words per minute, for instance, but can type only 40 words per minute. The conversational aspect of the medium lends itself to personalized experiences with computers understanding context from previous questions the user has asked and the user’s location. While many voice recognition tools can be frustrating to use now, Meeker said when speech recognition reaches 99% accuracy, people will go from barely using the tool to using it all the time. Speech recognition accuracy rose from about 90% in 2016 from about 70% in 2010. And the use of voice has been risen noticeably. Google GOOGL -1.13% voice search queries, for example, are up 35 times since 2008. Sales of voice-based devices such as Amazon Echo could be just about to take off, compared to more text-dominated devices such as the iPhone, whose sales peaked in 2015.”

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Venture Capital Investment: Blockchain Goes Beyond Crypto-Currency

We spotted this stat today:

“Blockchain is the technology created to support bitcoin, but it may soon surpass the crypto-currency in importance. In the first quarter of 2016, venture capital investment in startups commercializing blockchain eclipsed that in pure-play bitcoin companies for the first time, according to industry researcher CoinDesk, which has tallied $1.1 billion in deals to date.”

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Two Billion: The New Number For App Downloads

We spotted this stat today:

“Google’s ads have driven over two billion total app downloads, the company said. And it got there thanks to the universal app campaigns ad tool, which lets developers promote their app across search, YouTube and Google’s mobile ad channels. The tool doubled the app installs volume over the past year.

At its developer conference last month, Facebook said its app promotion products have driven two billion plus downloads, too. Facebook is often considered the go-to place to drive app downloads, but Google is now talking more openly about its performance.”

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45 Percent of Baby Boomers Have No Retirement Savings

We spotted this statistic today:

“Here’s a terrifying nugget of data to wrap your hands around: based on IRI data, just 55% of respondents in its study had retirement savings in 2016, meaning 45% of baby boomers surveyed had absolutely nothing saved for retirement. ”

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Enrollment Is Surging in Machine Learning Classes

We spotted this stat today:

“At CMU, enrollment in the graduate course “Introduction to Machine Learning” has soared nearly 600 percent in the past five years. Applicants to its machine learning Ph.D. program have doubled in six years. Last spring, the university added its first undergraduate course on the topic.

Other universities are seeing a similar spike in demand. At the University of California, Berkeley, enrollment in “Introduction to Machine Learning,” an undergraduate course, nearly tripled in less than two years.

The number of applicants to the university’s artificial intelligence degree programs (which include machine learning) is climbing, too. It nearly doubled in the past five years, according to figures supplied by Berkeley’s Department of Electrical Engineering and Computer Science.”

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AWS Statistics: Amazon’s Real Secret

We spotted this today:

“AWS grossed $7.9 billion in revenues last year, up 70 percent from 2014, a growth rate four times as fast as the retail operations. AWS could start to become even more of a revenue driver, too. Morgan Stanley estimates that revenues will grow to $12 billion this year and $16 billion in 2017.

What’s more, AWS has arguably become Amazon’s new profit engine. Although the unit constitutes only 7 percent of Amazon’s overall revenues, its $1.9 billion in operating profit isn’t far off the $2.8 billion operating profit of the entire $99 billion retail business. No wonder that Ben Schachter, an analyst at Macquarie Securities, last year valued AWS at $75 billion, almost half as much as the rest of Amazon’s business.”

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78.1 Million: Number of Wearable Devices Shipped In 2015

We spotted this stat today:

“The worldwide wearable device market took a big step forward in the fourth quarter of 2015 (4Q15), fueled by the growing popularity of fitness trackers and the Apple Watch. According to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, vendors shipped a total of 27.4 million units during the holiday quarter, besting 4Q14 levels by 126.9%. For the full year, vendors shipped a total of 78.1 million units, up a strong 171.6% over 2014.”

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Instagram Statistics: 75 Percent of Advertisers Are Outside The U.S.

We spotted this stat today:

“Instagram announced today that it has 200,000 monthly active advertisers.

To compare, Facebook said a year go that it had more than 2 million active advertisers, while Twitter says it has 140,000 130,000. Probably the most impressive thing about the Instagram number is the fact that the Facebook-owned photo-sharing service only had a few hundred advertisers back in June.

Much of that growth has been international — Instagram’s ad program expanded globally five months ago, and James Quarles, Instagram’s head of business and brand development, told me that 75 percent of advertisers are outside the United States.”

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Stunning: Women Sellers on eBay Get Paid Less Than Men

We spotted this stat today:

“Researchers who studied people who sell items on eBay (EBAY) turned up a surprising result: Women sellers get 80 cents on the dollar compared to men, according to a new study published in Science Magazine.
The researchers assessed over 1 million auctions from 2009 to 2012 and found that women sellers get fewer bids and lower final prices than men — for the same products.”

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