Connected Economy

Connected Economy
Blackberry Showcases Connected Vehicle Platform With Embedded Digital Wallet
January 06, 2023

Blackberry showcased an embedded vehicle wallet at the 2023 Consumer Electronics Show (CES). The company debuted its in-vehicle software platform Blackberry IVY at CES on Thursday (Jan. 05).  The technology, co-developed with Amazon Web Services (AWS), offers auto manufacturers an integrated artificial intelligence solution for digital cockpits...

Connected Economy
Automakers Monetize Car-Level Data as Connected Economy Revs Up
January 06, 2023

For automakers, making and selling the car is a start — selling data is what comes next. To that end, automaker Stellantis NV — which makes Jeeps and Fiat cars, among other autos — is establishing a new, software-focused unit to harness car-level information and...

Connected Economy
How Farmers Use Big Data Networks to Keep Food Prices Lower
January 06, 2023

Supply chain shocks dominate the headlines — and nowhere is the impact of disruption and inflation more apparent than in food prices. Indeed, food prices outpaced inflation into the end of 2022. In just one recent data point, November food prices showed a 10.6% increase...

Connected Economy
More Than Two-Thirds of US Workforce Now Work From Home or Hybrid
January 04, 2023

Mirroring increases in other pillars of the connected economy, by the third quarter of 2022, consumers were working remotely and online 10% more than they did one year prior. That’s the upshot of the PYMNTS report “12 Months of the ConnectedEconomy™” comparing changes in consumer...

Connected Economy
CE 100 Index Down 35% as Tech Stocks End a Terrible 2022  
January 02, 2023

For connected economy and tech stocks, the good news is that 2022 is finally over. The CE 100 Index managed to eke out slight gains in the final five trading days, up 0.5% but finished the year 35.7% lower. The dismal performance outpaced even the...

Connected Economy
How US Consumers Lived Their Best Digital Lives in 2022
December 29, 2022

2022 marked many consumers’ triumphant return to the physical world after two years of pandemic-related restrictions — but even after options have opened up, their appetite for digital commerce experiences has not gone away. PYMNTS’ research finds that consumers used digital in their everyday lives...

Connected Economy
CE 100 Index Slips 2.3% as Tesla Shares Continue Skid
December 27, 2022

The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are worries, at least on Wall Street, over weakening demand, how macro pressures may come to...

Connected Economy
Spain Leads EU’s Digital Transformation but In-Store Payments Lag Behind
December 26, 2022

Spain continues to outperform its EU peers in terms of digital engagement. As revealed in PYMNTS’ latest Connected Economy report, “How The World Does Digital: Different Paths To Digital Transformation,” 91.9% of Spanish consumers reported participating in at least one digital activity in the previous...

Connected Economy
3 Real-Life Reminders That Consumers Love eCommerce, Connected Shopping
December 24, 2022

The economy may be struggling, but consumers still want the convenience of eCommerce and tech-powered shopping. From sneakers to cars to groceries, shoppers showed us once again this week that they now expect — and appreciate — digital convenience and flexibility, recession be damned. In...