“The industrial Internet is here and now. Leading companies across multiple industries are already reaping tangible benefits in improving operations, lowering costs, generating revenues and creating competitive differentiation. Major smart cities such as Barcelona, Chicago and Hamburg are also benefiting from reduced crime, improved urban services and better infrastructure integrated with real time, connections, servers and data.

World’s most pressing issues and long-term challenges, include inequality, climate change and terrorism.

 Highlights from Davos 2015

1. Exit is not an option: Greece would enter another deep recession, which would push unemployment up further and reduce budget revenues, requiring another round of harsh fiscal consolidation. Euro-area creditors would lose a lot on their Greek claims and private claims on Greece would also suffer. Moreover, exit would also risk the stopping of EU-budget related inflows to Greece (cohesion and structural funds, agricultural subsidies).

There is a revolution in the lighting market, and the catalyst is light-emitting diode technology better known as LED. LED is a semiconductor device that produces light. Essentially, it is a solar cell working in reverse. Instead of converting light into electricity, it converts electricity into light. Unlike conventional light sources: incandescent, halogen, fluorescent, compact, high-intensity, discharge, LED emits light in a narrow range of wavelengths such as red, green, or blue. For general illumination, various approaches (such as colour mixing) are applied to obtain white light.

As the European Central Bank deploys its most powerful economic weapon, the onus for growth now lies with the 19 individual countries in the euro currency union, a fractious and highly political group.

The central bank, though, is stretching the limits of its power with the bond-buying program. And if it is not enough to address what ails Europe, any further stimulus efforts would fall to national leaders. It is now up to national governments to step up their efforts to rekindle growth.

The European Central Bank has taken a dramatic step to stimulate the region's troubled economy, unveiling a massive bond buying program worth at least $1.3 trillion. President Mario Draghi said the ECB program would cover public and private sector securities including -- for the first time -- bonds issued by eurozone governments.

Future jobs are being created every hour of every day in the minds of visionary thinkers. But only the true catalytic innovators are creating entire new industries.

Here are a number of both emerging and rapid growth industries that will be employing millions of people in the coming years.

" In Europe the gap between where it is and where it would have been in the absence of the crisis continues to grow. In most European Union countries, per capita GDP is less than it was before the crisis. A lost half-decade is quickly turning into a whole one. Behind the cold statistics, lives are being ruined, dreams are being dashed, and families are falling apart (or not being formed) as stagnation – depression in some places – runs on year after year.

Europe is finally going to get its own massive monetary stimulus. But that doesn't mean it can save the region's economy. A flurry of media reports suggest Mario Draghi, president of the European Central Bank, will unveil a program today to buy bonds worth 50 billion euros a month, starting in March. That could inject more than one trillion euros ($1.2 trillion) into the eurozone economy by the end of 2016.