Thursday, June 30, 2016

Expanded Panama Canal means scrap heap for last generation of container ships

This sector is already most affected by the general containership oversupply as classic panamax ships have been massively displaced from service over the past eight months.

Transportation in the News

By  · 

Maritime analysts say smaller and older vessels will be scrapped in high volumes now that the Panama Canal has been expanded.
This sector is already most affected by the general containership oversupply as classic panamax ships have been massively displaced from service over the past eight months.
According to analysts at the Paris-based consultancy, Alphaliner, vessel cascading and service restructurings have forced these ships out of several of their core trades, with very limited alternative employment opportunities. Idling and lay-ups of classic panamax ships have been building up over the past few months, while scrapping has also accelerated.
As a consequence, panamax ships as young as 14 years were sold to scrap buyers.
What is more, it is expected that in the coming months, the influx of 6,000-10,000 twenty-foot equivalent (TEU) vessels into trans-Panama services will accelerate the redundancies of classic panamaxes.
Demand for maxi-panamaxes, a sub category of classic panamaxes optimized to make full use of the existing Panama locks dimensions, is vanishing as well, as the opening of the larger locks seals the ships’ fate.
“After having been the kings of the container trade in the two decades that followed the launch of the first generation of maxi-panamax containerships in 1972, and so far the optimal choice for services requiring a Panama transit, these vessels are now facing their demise,” said an analyst.
  The new Panama Canal locks were inaugurated last Sunday by a China COSCO Shipping’s container vessel Andronikos, a 9,400 teu neo-panamax vessel.
The $6 billion expansion project that began in 2007 will allow for the passage of the Post-Panamax vessels with up to 13,000/14,000 TEUs, doubling the canal’s capacity.

Do You Have a DigitalMerchandising Strategy?

How Kimberly-Clark and Rubbermaid boost commerce with product content.
As a busy mother of a newborn, Helen had precious few minutes to go online and order baby wipes. She knew the national brand well and quickly went to their product page on her favorite online store but was disappointed to find scant details of the product she wanted. Were they hypoallergenic? Did they contain dyes? How did other moms rate them? She saw an advertisement for a private label brand and clicked over to find testimonials from other moms, key features, clear benefits and detailed product specs that easily convinced her to buy the private label.
Marketers can improve their digital merchandising by gathering, maintaining and distributing detailed product information across many digital touchpoints, said Jennifer Polk, research director, Gartner for Marketing Leaders. “As consumers opt to browse the “digital shelf” more often and the marketing role in digital commerce evolves, digital merchandising presents a leadership opportunity for marketers,” she noted.

Organize the back of the house

Similar to the “back of the house” kitchen that powers any great restaurant, marketers should engage brand managers, product teams and merchants to design and execute a digital merchandising strategy. First, on the data side, marketers should evolve from sending product information by spreadsheet and email to using global master data management of product data to organize and distribute structured and unstructured data both internally and externally. Second, marketers should make sure consistent data and relevant, compelling content is shown in marketing campaigns, online product catalogs (including retailers’) and on product pages.

Delight the front of the house

While the food that comes from the back of the house must be stellar, the dining experience and service is what makes great food become an exceptional meal. Consumers expect compelling and comprehensive product content as part of the customer experience. Some brands play a dual role as both manufacturer and retailer, but many brands continue to rely on retailers to engage consumers.
According to Ms. Polk, brands and manufacturers should establish a direct relationship with consumers to engage them along the buying journey, help them make buying decisions and gain valuable consumer insight along the way. While this can cause channel conflict, working through those challenges with channel partners is critical to engaging customers throughout the buying joruney. The Huggies (a Kimberly-Clark brand) website in Australia is one of the country’s leading resources for baby information because its content is helpful to parents.

Optimize for better results

As brands get both the back and front of the house running smoothly to establish or expand digital commerce initiatives, marketing should leverage product content to optimize their efforts.
This will enhance customer engagement, sales and commerce results. Three areas to focus optimization efforts include:
  1. Personalize for different buyer personas through customized catalog management
  2. Use guided selling and configuration tools like recommendations, ratings & reviews
  3. Improve cross-channel usability through a mobile-enabled site or responsive design
When marketing owns the digital merchandising strategy, digital marketing improves because marketing assets incorporate consistent, compelling and comprehensive product content. This in turn makes it easier for customers to complete transactions. For example, when Rubbermaid incorporated product ratings and reviews in its direct sales channels and marketing campaigns it saw a 10% lift in voucher redemption when reviews were present in ads, 10% incremental increase in revenue per visit and 5% boost in average order value.


Reality Check: 50B IoT devices connected by 2020 – beyond the hype and into realityBY  ON 


How far is the hype surrounding claims of up to 50B IoT and machine-to-machine devices by 2020 away from reality?

For half a decade, the predictions for growth in the “internet of things” and machine-to-machine markets have been staggering:
• 2010, IBM: “A world of 1 trillion connected devices” by 2015.
• 2011, Ericsson’s CEO Hans Vestberg: “50 billion connected devices” by 2020.
• 2013, Cisco: “50 billion things will be connected to the internet by 2020.”
• 2013, ABI Research report: “30 billion” by 2020.
• 2013, Morgan Stanley report: “75 billion devices connected to the IoT” by 2020.
• 2014, an Intel infographic: “31 billion devices connected to internet” by 2020.
• 2014, ABI Research updated report: “41 billion active wireless connected devices” by 2020.
• 2015, Gartner Research: “4.9 billion connected things in use in 2015 … and will reach 20.8 billion by 2020.”
Although the specific predictions and the numbers differ, what is remarkable is that the numbers predicted for 2020 have been consistently extremely large over the years. The IoT market is experiencing explosive growth around the world and the numbers are still performing at what Gartner calls the “peak of inflated expectations” in its well-known “hype cycle” diagrams.
But how realistic are these massive numbers? Even the most conservative prediction – Gartner’s 20.8 billion connected things by 2020 – is predicated on a steady 30% annual growth. Cisco’s oft-reported 50 billion connected things is dependent on linking up “tires, roads, cars, supermarket shelves, and yes, even cattle” by 2020, according to the company’s blog. No one can know if either of these things will happen.

Why the big numbers are hype

First, adoption rates for new technology tend to spike over an initial introduction period and then trail off. Consider the smartphone market – in 2014, worldwide sales passed 1 billion units, and yet in the fourth quarter of 2015, worldwide sales growth was the slowest since 2008, at 9.7%.
Second, while the IoT is a broad category, suggesting that we could slap an IP address and sensor on every possible “thing” on planet Earth is honestly stretching the concept. It is true IoT connectivity could enhance most any industry, but just because it can doesn’t mean it will – and not necessarily by 2020. Some businesses and people won’t want to connect any time soon and, more importantly, some can’t connect their things yet. According to the United Nations, as of 2014, only 40% of the world’s population has internet access. There is not an internet of things without the internet, and counting only the “things” is putting the cart before the horse.

But … what if the numbers are real?

Let’s say those huge numbers are realistic. If an estimated 6.4 billion things are connected today, as Gartner estimates, we’ve got four years to connect another 14.4 billion to 43.6 billion. How will this work? What do businesses, government and standards organizations need to do to prepare for this growth? Turns out, things don’t just connect themselves and the impact of that many connected devices is not subtle.
As we mentioned, connectivity is not yet ubiquitous around the world. To get more things online, we need to expand cellular or perhaps satellite connectivity across the vast, mostly rural spaces. The U.N. reports more than 90% of those not yet online are in the developing world, and getting these people – and their things – connected will be a challenge for businesses and governments.
Certainly, the benefits of IoT technology are already being proven for these distant areas. The organizationSweet Sense has teamed up with government and nongovernment organizations to put IoT sensors on water pumps in rural Africa. This enables the NGOs that install the pumps to track their functionality. In a Rwanda study, only 56% of the water pumps were working consistently. After adding the Sweet Sense technology to track the pumps’ function via cellular IoT systems and analytics, the water pumps were able to be repaired more quickly and 91% of the pumps could be kept working on a regular basis.
With projects like this, IoT connectivity can help provide clean water more days out of the year for more people – however, these systems can be counted in the hundreds of devices right now. They’ve yet to scale up to the enormous numbers in Gartner’s or Cisco’s predictions.

Can we scale up to 50 billion devices?

Scalability is at the heart of this problem. Even if all these people and places can be connected with all these things, that will generate massive amounts of data. Take the example of a relatively simple cellular IoT/M2M device that generates a mere 4 megabytes per month, which is far less than most cellphone data monthly plans. If the world does reach 50 billion devices by 2020, then the number of cellular IoT/M2M devices would be about 2.5 billion, given that these are likely to be about 5% of all connected devices. The data this small subset of all connected things would generate is a whopping 10 million terabytes per month. And again, that’s about 5% of all the data that 50 billion connected things could possibly generate.
How will all this data be transported? How will it be stored? How will it be analyzed? How do you search through it? How will it be kept secure and private? Each of these issues must be addressed. Finding timely, actionable information within these vast data stores could be difficult and expensive. The costs of metered transport, storage and analytics have to be accounted for by industry, and distributed processing of information is vital.
Consider data security: When large numbers of things are creating and disseminating increasing amounts data, security measures have to be built into the process from the start. How do you do that? Today, the news regularly reports on breaches of financial information or hacked devices from baby monitors to connected vehicles. If 50 billion devices are connected by 2020, undoubtedly some of the data they generate will need to be carefully secured, whether it’s financial, health or other personal statistics.

Goodbye, Linear Supply Chain. Hello, Digital Supply Network

Gary Hanifan is Managing Director,Accenture, 703-947-1838
Ready or not, the death of the linear supply chain is upon us. Supply chains built to deliver reliable, cost-effective results are no longer fit for purpose in today's digitally driven world. Enter the digital supply network (DSN).
DSNs intertwine, even harmonize, four supply chains—physical, information, talent, and financial—that businesses have operated separately for decades. The result: A cohesive network that makes sourcing, production, and product delivery more efficient and profitable as it delivers a customer-pleasing order fulfillment experience.
More than that, DSNs give management end-to-end visibility into the supply chain, with control towers that analyze supply, production, distribution, and sales data collected along the way. That valuable information can warn of a problem, or can offer insights about new ways of working and enable execution of a broader digital business strategy.
DSNs allow companies to shorten processes, potentially eliminate functions, and identify ways to be more competitive with new services and products. For instance, companies may not need purchase orders because sensors embedded in products could enable an auto-receipt function upon delivery, and trigger a transfer of funds for payments.
In fact, we know that the value of the DSN to your business is not to import or replicate your existing supply chain into new networks. Rather, it is to reimagine and redesign the value of your business through a DSN lens.
Digital technologies contributing to the Industrial Internet of Things are creating new vistas of opportunity, and companies need these DSNs to help them be more competitive.

MOVING TOGETHER

Companies have traditionally created separate management structures for supply chain components such as human resources, information, products, and financial transactions. It is the physical supply chain that transports goods, which people equate with a supply chain. This narrow view is an anchor that can weigh down companies, and prevent them from making a paradigm shift.
A DSN connects the physical supply chain with the talent, financial, and information supply chains, creating visibility across the spectrum. So as companies begin to redesign operating footprints, they reimagine processes and consider how they can access different suppliers and markets. Done correctly, the DSN operates at the speed companies need to create value.

ONE SIZE DOES NOT FIT ALL

The DSN is a modern strategic approach that deconstructs and restructures supply chain strategies to deliver value. With it, a company can realize its strategic vision as it begins to see new business opportunities—new ways of working.
As such, a company's DSN adoption will be inherently fit for purpose, tailored to that company's needs and future proof. No two DSNs are the same, but they all should exhibit four key characteristics: connected, intelligent, scalable, and rapid. DSNs deliver real-time data, enable real-time decisions, and provide end-to-end supply chain visibility.
Built from modern digital technologies, and bringing all four supply chains into harmony, the DSN of tomorrow is ready to be deployed today. Companies holding on to the dying linear supply chain are closing themselves off from a strategy that operates at a lower price point while doing more to enable growth.

Wednesday, June 29, 2016

Johns Hopkins partners with startup Flirtey to test medical drone delivery

Enterprise Drone ShipmentsBI Intelligence
Researchers from Johns Hopkins University School of Medicine partnered with Flirtey, a Nevada-based drone delivery startup, to conduct a recent test flight of a drone carrying medical supplies in Cape May, New Jersey, according to Fortune and The Detroit News.
About 100 observers were there to witness the test, including several members of the United Nations' humanitarian arm, according to Tech Crunch.
Drones could eventually deliver medical supplies to stranded victims of natural disasters, helping aid organizations get supplies to victims more quickly. If roads and bridges are unusable, drones could deliver small, life-saving packages of medical supplies like vaccines, George Fenton, director of humanitarian innovations at World Vision International, a humanitarian aid organization, told The Detroit News.
Many agencies involved in disaster relief agree that drones have already been very helpful in collecting data and taking photos of damage from disasters, such as during Typhoon Haiyan in 2013.
The test involved delivering a package of medicine and medical testing materials from an offshore vessel to an onshore location, marking the first time a drone has completed such a flight in the US, according to Fortune. Many disaster-prone areas are close to shores, where hurricanes, typhoons, and flooding are more common, making deliveries from offshore vessels a likely scenario for disaster relief operations using drones. 
However, there are still concerns with using drones to deliver medical supplies. For example, blood samples carried by a drone could easily be ruined by vibrations or movement, Dr. Timothy Amukele, a co-organizer of the test, noted in an interview with The Guardian. Despite this, Amukele believes that in five years drones will be used regularly in disaster relief, as organizations and regulators will have a clear understanding of what types of medical supplies drones can deliver safely.
US regulations do not yet allow for long-range drone deliveries without a special waiver from the FAA. However, the FAA may be more willing to grant waivers for drone deliveries involving medical supplies because they could potentially save lives. Gaining regulatory approval for more use cases for drones will be an important factor in driving growth in the US commercial drone market.

Amazon's blend of fulfillment, technology raises bar for 3PLs

CHICAGO — Amazon isn’t simply competing with third-party logistics providers, it’s changing the nature of third-party logistics, says logistics consultant Adrian Gonzalez.
“What we’re seeing is the convergence of logistics services, technology and consulting,” Gonzalez said at the SMC3 Connections 2016 conference here Tuesday. Rather than transportation capacity, “Shippers more and more are looking for information and insights they can use,” he said.
Those insights are needed to better manage inventory flowing through supply chains and to improve the overall customer “experience,” which is perhaps Amazon’s ultimate goal.
“What shippers want is the ability to capture and store data, transform it into usable information and provide that to their customers. That’s becoming a more critical requirement for shippers of their 3PLs,” said Gonzalez, president of Adelante SCM, a Boston-based consulting firm.
The trucking and logistics executives at the SMC3 conference increasingly are challenged to keep pace with market changes spurred by Amazon's expansion. Many are struggling to start last-mile delivery operations. Retailers are maintaining higher inventories and rethinking fulfillment strategies.
Amazon "is absolutely killing it right now," Don Ratajczak, consulting economist at Georgia State University, told SMC3. Until the growth rate of e-commerce sales slows, "retailing is going to be very difficult. In Atlanta we’re about to bulldoze two shopping centers." 
Amazon is arguably the world’s “largest 3PL,” Gonzalez told SMC3 attendees who included trucking and logistics executives, “especially for small shippers.”
They may not be a traditional 3PL providing business-to-business services, but for the millions of smaller retailers that use Fulfillment by Amazon, the online behemoth is how logistics gets done. “They’ve been a 3PL for years,” Gonzalez said. That’s forcing traditional 3PLs to change.
“3PLs need to become almost cloud (computing) providers of IT services,” Gonzalez said. “Shippers say we need a TMS (transportation management system), or we need to add facilities (into a network) real quick. That’s going to take a mind shift from both 3PLs and shippers.”
A century ago, the U.S. economy moved at horse-pace speed. For many shippers, the pace of logistics today isdetermined by legacy computing systems, whether mainframe or distributed, that don’t take full advantage of internet technology or have needed communications links.
Amazon is the largest provider of cloud computing services, and that gives the $100 billion company opportunity to leverage the immense amount of data and processing power in the cloud as it rolls out logistics services designed to improve its core fulfillment business.
“Amazon built its cloud service internally to manage huge volumes of data, and now they offer it as a service to others,” Gonzalez said. “Where it becomes important from a higher level perspective is the convergence of logistics services and technology with consulting.”
Gonzalez is skeptical that Amazon would move into the B2B logistics sector and “disrupt” traditional 3PL markets. “They don’t want to be moving product unless it’s connected to delivering the best experience for their customers,” he said, meaning end consumers.
Others point out that Amazon Web Services, the cloud computing division, started out as an in-house "shop" before its capabilities were offered commercially.
“Amazon wants to directly control the customer experience,” Gonzalez said. “To me this is part of why Amazon” is adding transportation services. “They want to have more direct control over the customer experience. It’s analogous to how Apple owns their entire ecosystem.”
That puts pressure on logistics and transportation providers that have to rethink their business model to meet customer expectations constantly raised by Amazon.
"Amazon has aligned everything they do around meeting that (customer) need," Gonzalez told shippers and carriers at the SMC3 meeting. "If you do the same, how will your supply chain change?" 
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America’s Highways Turn 60, Need Major Facelift

June 28, 2016

If the U.S. Interstate Highway system is to continue to provide reliable and safe transportation for Americans, a major long-term funding commitment will be required, according to a new report by the transportation research group TRIP.
It has been nearly 60 years since President Eisenhower signed the Federal-Aid Highway Act, which led to an expansion of the U.S. road system, bringing the nation’s Interstate Highway System into existence.
As roads age and become increasingly congested, they are in need of modernizing, and TRIP is urging the government to consider a more significant, long-term funding plan to bring the road system into the 21st century.
“The interstate highways gave the United States incredible gains in mobility of personal travel and cargo shipments as new segments opened in state after state,” said Bud Wright, executive director of the American Association of State Highway and Transportation Officials. "However, we must face the facts of where we are today.”
Highway congestion is increasing every year. Today, more than two out of every five miles of highway are congested, according to TRIP.
The recently signed FAST Act will provide $305 billion in funding over the next five years, boosting highway funding by 15% over previous levels. The commitment may only be a step in the right direction, according to TRIP, which says that the funding falls far short of the level needed to improve conditions and meet the nation’s mobility needs.
The current backlog of needed improvements for the Interstate Highway system is estimated to be $189 billion, according to the Department of Transportation. The backlog includes $59 billion to improve pavement conditions, $30 billion to improve bridges and $100 billion for system expansion and enhancement.
Current annual spending levels are estimated to be around $20 billion, but the U.S. DOT estimates that $33 billion is needed annually to complete repairs and improvements needed to maintain the system and relieve traffic congestion.
“State departments of transportation are struggling to maintain their portions of this critical national network while demand keeps growing, even when many states have substantially increased their highway funding,” said Wright. "As a nation, we must ask ourselves if we are taking care of that asset and increasing its value and the economic payoff it delivers, or if we are letting it languish and lose value."

This is the best research we've seen on the state of the US consumer, and it makes for a grim reading

The US consumer is having a tough time of it.
That's the message from Matthew Mish and Stephen Caprio at UBS, who put out a research report on Tuesday about why US consumer defaults are rising.
The note is full of interesting stats, but the short version of it is that US consumers are struggling to pay their debts, and that is going to have a bigger effect on the bond market than people realize.
"Rising consumer delinquencies are another structural headwind that we believe should place a floor on credit spread tightening and a cap on government bond yields rising," the note said.
The note also hits on a really interesting big-picture point: The rise of inequality post-financial-crisis is fueling a credit boom that could do damage further down the road.
The argument here is that as the pool of wealth becomes more concentrated, the greater the asymmetry between the haves, who typically want to invest and get a return on their money, and the have nots, who are typically borrowers.
That pushes down the creditworthiness of the average borrower. Add in a low-interest-rate environment, where investors are searching for yield, and you have a problem.
Here's UBS:
"The overall mosaic is, in an environment characterized by substantial inequality, higher income earners are inclined to save and invest, rather than spend. Ultimately their funds translate into capital or loans provided to the rest of the private sector: the higher the concentration of income and wealth, the more asymmetry between savers and borrowers — in terms of numbers and creditworthiness. Too much capital may be chasing too few creditworthy borrowers, particularly in an environment of abnormally low interest rates and where non-bank loan growth has been aggressive."
And with that, let's go into the data:

The rich are getting richer, and the poor are still poor.

The rich are getting richer, and the poor are still poor.
UBS
It's pretty well known at this point that income inequality has gotten worse over the past decade. The rebound from the financial crisis disproportionately benefited the wealthy, the owners of capital, while wages have remained stagnant.
"Indeed, from 2007-2012 income and wealth gains were highly concentrated among the highest income households, in part due to the lack of sustained government tax/transfer policies to redistribute income," UBS said in the note.

Two-thirds of lower-income earners are struggling to cover their expenses.

Two-thirds of lower-income earners are struggling to cover their expenses.
UBS
UBS' Evidence Lab, a research team at the Swiss bank, surveyed 2,100 US adults over age 21 and found that roughly two-thirds of lower-income and one-third of middle-income consumers said their income either did not cover their expenses or barely did so.

Credit growth has been driven by nonbank lenders.

Credit growth has been driven by nonbank lenders.
UBS
Banks have, in many cases, pulled back from lending, with nonbank lenders stepping in to fill the gap.
"Bottom line, we continue to believe early warning signals with respect to shifts in lending conditions and changes in delinquency trends will come from the nonbank rather than the bank sectors," UBS said in the note.

Nonbank lenders have a much higher exposure to subprime lending.

Nonbank lenders have a much higher exposure to subprime lending.
UBS
The distribution of credit scores across the US is fairly even, according to UBS. Around one-third of the population is prime plus or super prime, one-third is prime or near prime, and one-third is subprime.
The distribution of risk across different types of lenders is not even, however. Subprime makes up less than 10% of 2015 originations at banks, but more than 50% at independent lenders.

There has been a deterioration in lending standards.

There has been a deterioration in lending standards.
UBS
It is striking that auto-loan delinquencies are much higher for loans issued in the past couple of years.
"We document a significant easing in lending conditions to US households post-crisis, driven predominantly by the surge in lower quality, nonbank lending," UBS said.
We should note here that stress in the auto-lending market is a concern for many. Researchers at the Federal Reserve Bank of New York recently took a look at hardship in oil-producing counties and recorded a spike in delinquencies in the oil patch.
UBS points out that while consumer nonperforming loans are higher for oil-dependent states, consumer nonperforming loans are rising in over 90% of the 50 states.
"In consumer loans, we outline clear signs of performance deterioration across loan categories by vintage, credit tier, and lender type — and energy is not the principal cause," UBS said.

And credit card delinquencies are also picking up.

And credit card delinquencies are also picking up.
UBS
"Credit card originations — bank card and private label — have also involved a rising share of riskier borrowers based on credit scores," UBS said in a note.
There is a similar story in personal (unsecured) loans, according to UBS, which notes the number of lenders has grown from 70 to 121 since 2010, primarily driven by fintech companies.
"While nonbanks dominate market share in higher risk loans, delinquency rates for subprime and near prime personal loans originated by fintech and finance companies were as much as double those originated by banks for recent vintages," UBS said in the note.
"This illustrates the point that nonbanks are making riskier loans, even when one normalizes for credit scores, relative to banks."

Tuesday, June 28, 2016

What happens in an internet second: 54,907 Google searches, 7,252 tweets, 125,406 YouTube video views and 2,501,018 emails sent

  • About 46.1% of the world is online, which is about 3.4 billion people
  • Every second 729 photos to Instagram and 2,177 calls made via Skype
  • 20,000 people on Facebook and five more open an account in one second
  • In 1998, Google was only serving 10,000 search queries each day.

The internet is a hectic place and at any given moment millions of people are searching, tweeting and emailing all at once.
Internet Live Stats created a live map that shows exactly how much activity is happening around the globe –down to the second.
Every second more than 54,000 Google searchers are conducted, 7,000 some Tweets are shared and more than 2 million emails are sent -67 percent of which are deemed spam.
Click here to see the latest stats 
Internet Live Stats has created a live map that shows exactly how much activity is happening throughout the globe ¿down to the second. Every second more than 54,000 Google searchers are conducted, 7,000 some Tweets are shared and more than 2 million emails are sent --67 percent of them are deemed spam 
Internet Live Stats has created a live map that shows exactly how much activity is happening throughout the globe –down to the second. Every second more than 54,000 Google searchers are conducted, 7,000 some Tweets are shared and more than 2 million emails are sent --67 percent of them are deemed spam 

WHAT ARE THE INTERNET STATS? 

About 6,000 to 7,000 tweets are shared every second which equals to more than 350,000 every minute, 500 million per day and around 200 billion tweets every year.
Every second 729 photos are uploaded to Instagram, 125,406 videos are viewed on YouTube and 2,177 calls are made via Skype.
And at any given second there are 20,00 people on Facebook and during this time five more people open an account.
On Reddit, Alexa revealed that every second 286 votes are cast and 23 comments posted.
Google will received more than 3 billion searches, which averages to the 54,000 queries a second – that is over 90 billion each month and about 1.2 trillion a year worldwide.
Netflix reports it has 81 million users across the globe that binge some 1,450 hours of TV shows and moves each second.
And about 41 percent of its members pull something up to watch on the platform every day.
Although one second doesn't seem like much in the real world, it means quite a lot on the internet.
About 46.1 percent of the world is online, which is about 3.4 billion people – although there are still 4 billion people without access to the internet.
But compare this number to about five years ago, when there was just 31.8 percent surfing the web in the world, and we can image how much the worldwide web is growing.
About 6,000 to 7,000 tweets are shared every second which equals to more than 350,000 every minute, 500 million per day and around 200 billion tweets every year. 
The first tweet hit the internet on March 21, 2006 and it wasn’t until 2009 did the firm reach its billionth tweet.
Now it takes less than two days for one billion tweets to be sent. 
On any given day, Google will received more than 3 billion searches, which averages to the 54,000 queries a second – that is over 90 billion each month and about 1.2 trillion a year worldwide.
When the search giant first debuted in 1998, it was only serving 10,000 search queries each day.
Flash-forward to 2006 and that was the amount it served in one second.
In addition to searching, tweeting and emailing, every second 729 photos are uploaded to Instagram, 125,406 videos are viewed on YouTube and 2,177 calls are made via Skype.
And at any given second there are 20,000 people on Facebook and during this time five more people open an account.
About 6,000 to 7,000 tweets are shared every second which equals to more than 350,000 every minute, 500 million per day and around 200 billion tweets every year. The first tweet hit the internet on March 21, 2006 and it wasn¿t until 2009 did the firm reach its billionth tweet -- it now takes 2 days for one billion tweets to send
About 6,000 to 7,000 tweets are shared every second which equals to more than 350,000 every minute, 500 million per day and around 200 billion tweets every year. The first tweet hit the internet on March 21, 2006 and it wasn’t until 2009 did the firm reach its billionth tweet -- it now takes 2 days for one billion tweets to send
Every 60 seconds 510 comments are posted, 293,000 statuses updated and 136,000 photos are shared.
On Reddit, Alexa revealed that every second 286 votes are cast and 23 comments posted.
However, these numbers don't share what is happening behind the scenes.

ONE FIFTH OF AMERICANS ARE ONLINE ‘ALMOST CONSTANTLY’ – WITH YOUNG ADULTS MAKING UP MOST OF THE CATEGORY 

In a recent study, one-fifth of all Americans reported to being on the internet 'almost constantly', with young adults making up the largest percentage of this category.
The majority of Americans - 73 per cent - indicated that they go online on a daily basis, and many go on several times per day.
A Pew Research Center survey collected data from internet users between June and July 2015, and confirmed that Americans are constantly logging in. 
Young people are the most connected; the study found that 36 percent of people ages 18 to 29 are online almost constantly, and 50 per cent go on several times per day. 
Teens and adults were found to share similar internet habits, with 24 percent of teenagers reporting almost constant use, and adults coming in at a similar figure. 
Teens, however, were found more likely to go online daily, at 92 percent, while just 73 percent of adults indicated this. Just six per cent of people aged 65 or older were reported to go online almost constantly, while almost a quarter go on multiple times a day. 
In order to share your opinion, you must be a Reddit member and the firm says just about 15 percent of its users are logged in at any given time.
Although television streaming is fairly new, Netflix reports it has 81 million users across the globe that binge some 1,450 hours of TV shows and moves each second.
And about 41 percent of its members pull something up to watch on the platform every day.
The statistics shared by Internet Live Stats and other platforms that gather data coincide with the warning from experts that smartphones are turning us into zombies.
On any given day, Google will received more than 3 billion searches, which averages to the 54,000 queries a second ¿ that is over 90 billion each month and about 1.2 trillion a year worldwide. When the search giant first debuted in 1998, it was only serving 10,000 search queries each day. Flash-forward to 2006 and that was the amount it served in one second
On any given day, Google will received more than 3 billion searches, which averages to the 54,000 queries a second – that is over 90 billion each month and about 1.2 trillion a year worldwide. When the search giant first debuted in 1998, it was only serving 10,000 search queries each day. Flash-forward to 2006 and that was the amount it served in one second
On Reddit, Alexa revealed that every second 286 votes are cast and 23 comments posted. And more than 2.5 billion emails are sent every second, 67 percent of them are deemed spam
On Reddit, Alexa revealed that every second 286 votes are cast and 23 comments posted. And more than 2.5 billion emails are sent every second, 67 percent of them are deemed spam
Experts have found that heavy internet and mobile phone users are more likely to lose concentration and forget important information.
People who use mobile phones and the internet most heavily are more likely to make mistakes, be forgetful and have worse spatial awareness, the study warned.
Dr Lee Hadlington of De Montford University Leicester asked 210 people aged 18-65 to rate their behaviour in areas linked to perception, memory and motor function.

HOW GOOGLE MAKES YOU FEEL SMARTER THAN YOU ARE

 Google has created a generation of people who really aren't as clever as they think, researchers warned earlier this year. 
They say the increasing reliance on Google and other search engines to answers questions is affecting our own perception of what we know ans what we can find online. 
About 46.1 percent of the world is online, which is about 3.4 billion people ¿ although there are still 4 billion people without access to the internet. But compare this number to about five years ago, when there was just 31.8 percent surfing the web in the world, and we can image how much the worldwide web is growing 
About 46.1 percent of the world is online, which is about 3.4 billion people – although there are still 4 billion people without access to the internet. But compare this number to about five years ago, when there was just 31.8 percent surfing the web in the world, and we can image how much the worldwide web is growing 
Searching the Internet for information may make people feel smarter than they actually are. 
'The Internet is such a powerful environment, where you can enter any question, and you basically have access to the world's knowledge at your fingertips,' said lead researcher Matthew Fisher, a fourth-year doctoral candidate in psychology at Yale University. 
'It becomes easier to confuse your own knowledge with this external source. 'When people are truly on their own, they may be wildly inaccurate about how much they know and how dependent they are on the Internet.' 
In a series of experiments, published by the American Psychological Association, people who searched for information on the Internet believed they were more knowledgeable than a control group about topics unrelated to the online searches. 
In a result that surprised the researchers, participants had an inflated sense of their own knowledge after searching the Internet even when they couldn't find the information they were looking for. 
After conducting Internet searches, participants also believed their brains were more active than the control group did.
He found the more times a person used the internet or a mobile phone the more likely they were to experience 'cognitive failures'.
These failures included not turning up to appointments, having trouble paying attention while in conversation and forgetting why they went to one part of the house to another. 
'This is a very under-examined area and a very important one. We are using technology on a daily basis but we don't understand its effect on us,' said Dr Hadlington.
In addition to searching, tweeting and emailing, every second 729 photos are uploaded to Instagram, 125,406 videos are viewed on YouTube and 2,177 calls are made via Skype. And at any given second there are 20,000 people on Facebook and during this time five more people open an account
In addition to searching, tweeting and emailing, every second 729 photos are uploaded to Instagram, 125,406 videos are viewed on YouTube and 2,177 calls are made via Skype. And at any given second there are 20,000 people on Facebook and during this time five more people open an account
'We don't know what's actually happening to our cognition when we are using this technology and that's the important thing. 
'What we do know from this research is that there are statistically significant numbers of people who say they use the Internet or their phone a lot and who experience cognitive failures. 
'We need to understand more about whether it is affecting the way we think. 
We are almost oblivious to the impact it could have.' Dr Hadlington said it was not clear whether internet and phone usage was the cause of poor focus and attention, or that people who spent the most time using the technology were most likely to have attention issues in the first place.