MN Tech Mag | Fall/Winter 2020

BYTHE NUMBERS TRANSITION

33%

2009

# 1

Year the United States transitioned from analog to digital television. This change took effect on June 12, 2009, and allowed stations to offer higher definition video and better sound quality.

Percent of an employee’s annual salary employers incur to replace their role. Average cost of turnover per employee comes out to $15,000 based on data from Work Institute’s 2017 Retention Report.

Rank of Jensen Huang, CEO of NVIDIA, on Harvard Business Review’s 2019 list of Best- Performing CEOs in the World. The company’s stock grew 14-fold from 2015 to 2018.

2018

Starting in October, consumers made more payments with debit cards than with any other payment, including cash.

85%

688

Number of CEO T ransitions

Percent of enterprises that will transition a majority of their workloads to the cloud by the end of 2020.

54

The number of CEO transitions in S&P 500 companies over a 12-year period from 2003 - 2015. 40% of firms experienced two or more CEO departures during that time.

Years Old

The average age of incoming CEOs to S&P 500 companies in 2019.

$12M

82%

Reported annual cloud spend by 20% of enterprises in 2020.

5.9

Years

The percent of CEO transitions attributed to the former CEO’s decision to retire or step down.

The average tenure in years of S&P 500 CEOs.

By the Numbers | 09

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