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aries1988 : company   11

Tech trends for 2018: the big will get bigger
the main engines of growth for the biggest tech companies in 2018 are ones that have already become a deeply ingrained part of business life: digital advertising, ecommerce and the wholesale move of global IT to the cloud.

Ecommerce accounts for about 14 per cent of sales in the US and 9 per cent in western Europe, according to Goldman Sachs. In China, the figure is 22 per cent.

The US platform companies that have positioned themselves to ride these waves are ending 2017 as the world’s five most valuable groups: Apple, Google, Microsoft, Amazon and Facebook. And even with Apple expected to show barely any revenue growth in 2018, these companies are forecast to add $100bn in sales between them next year — a collective growth rate of 14 per cent.
2017  2018  prediction  technology  leader  company 
december 2017 by aries1988
The West should stop worrying about China’s AI revolution
China has some big advantages in AI. It has a wealth of talented engineers and scientists, for one. It also is rich in the data necessary to train AI systems. With fewer obstacles to data collection and use, China is amassing huge databases that don’t exist in other countries. The results can be seen in the growth of facial-recognition systems based on machine learning: they now identify workers at offices and customers in stores, and they authenticate users of mobile apps.

The location of the institute is well chosen. From the office windows, you can see the campuses of both Peking University and Tsinghua University, two of China’s top academic institutions. Sinovation provides machine-learning tools and data sets to train Chinese engineers, and it offers expertise for companies hoping to make use of AI. The institute has about 30 full-time employees so far, but the plan is to employ more than 100 by next year, and to train hundreds of AI experts each year through internships and boot camps. Right now, roughly 80 percent of the institute’s funding and projects are aimed at commercializing AI, while the rest is focused on more far-out technology research and startup incubation.

The goal isn’t to invent the next AlphaGo, though; it’s to upgrade thousands of companies across China using AI.

“The titans of industry [in China] have seen fortunes made and fortunes lost all within their lifetime,” he says. “When you see the tech trends shift, you had better move quickly, or someone else will beat you.”
ai  china  list  entrepreneurial  company  internet  innovation  today  comparison  opinion  reportage  shenzhen 
october 2017 by aries1988
German lessons | The Economist
Sennheiser, which makes headphones and microphones, recently passed to a new generation of Sennheisers, Andreas and Daniel, who stress the importance of “being global in everything we do”. They want to learn from “innovative customers” around the world: the Japanese are particularly demanding when it comes to sound, and Americans when it comes to fashion.
german  explained  economy  company  highlight  export 
november 2016 by aries1988
Lights out | The Economist
Philips’s strong designs allow it to charge a premium for its food processors and electric razors, especially to Asians. To stay close to them, the division moved its headquarters to Shanghai three years ago. Its kitchen appliances are adaptable to different cuisines: with a few modifications, a rice-cooker for the Chinese market is repurposed to make borscht in Russia or cassoulet in France.
electromenager  company  crisis  2014  china  history 
november 2016 by aries1988

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