Today In Data: Innovating Out Of A Challenge

Today in Data: Innovating out of a Challenge

There is no shortage of challenges in the world. Some are massive – like the ever-growing cost of medical care in the United States. Others are … less so, like the can of Coke that got trapped in the vending machine on its way out. Others land somewhere in between: the ongoing revolution in retail springs to mind. But for every problem, it seems, some innovator somewhere seems to be working on a digital solution – to make the playing field more level, the world more inclusive and the experience more frictionless. There are no perfect answers, of course – but there are good ones, so long as one doesn’t make the perfect the enemy of the good.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    163 million: The number of women worldwide who have started businesses since 2014.

    $63.7 million: The amount Americans pay in out-of-pocket medical costs annually.

    61.7 percent: Share of retailers that believe innovation is necessary to create sales.

    24.5 percent: Share of consumers who had a medical debt of $1,000 or more and used a payment plan to cover it.

    Advertisement: Scroll to Continue

    6: The number of SKUs that Vengo vending machines carry.