Christopher Lowe var tidigare teknologianalytiker på Morgan Stanley och skriver dagligen ett TMT (tecknology, media, telecom)- morgonbrev.
Please note today’s GLOBAL TMT BRIEFS…
INDITEX – ZARA
INDITEX – ZARA: THE BEST SOLUTION IN STORE, THIS DECADE, FOR ASPIRANT FASHIONISTA’S & ONE THAT REALLY HAS GOT FOOTFALL RIGHT..& in-order to maintain this lead ZARA are accelerating their use of TECHNOLOGY to keep the MASSES..& fast fashion is all about embracingTECHNOLOGY to enhance the speed to MARKET.
ZARA HAVE ALWAYS BEEN A LEADER IN THIS SPACE.. But they are attempting to take this to the next paradigm now with some of their START-UP investments or collaborations, from their TECH UNIT
# This is testing ways of improving stock handling with Fetch Robotics ===> to test robots to work in stock inventory
# They have also partnered with chipmaker Intel on creating devices that can quickly gauge the volume of clothing in boxes.
# It is also focusing on areas like “location intelligence”, ultrasound technology used to track footfall in stores, as well as virtual assistants to help customers.
THIS Location intelligence allows apps to switch to “instore” mode when a customer enters a store, so the customer can locate products and receive offers.
ON THE DATA SCIENCE SIDE.. INDITEX – ZARA have also formed development partnerships with technology companies like JETFLORE, which uses artificial intelligence to predict consumer behaviour, and Spanish big data start-up El Arte de Medir.
# They are working with its alarm provider, TYCO, to incorporate a tiny micro-chip into security tags carrying style and size information about the garment and allowing the company to locate its whereabouts at any point in the supply chain
# This TECHNOLOGY CONTROL has enabled them, through tagging, to offer more clothing items can be sold at full price, as items in stock at a store, can be also offered online.
“This is full integration between store and online stock rooms”
BRAVISSIMO – MUCH BETTER CONTROL THAN THE CURRENT SPANISH NATIONAL FOOTBALL TEAM!
TREND IN FOCUS: FACIAL RECOGNITION TECHNOLOGY
FACIAL RECOGNITION TECH: NEEDS TO GET BETTER… The Metropolitan Police is facing a legal challenge over its use of facial recognition technology to spot potential suspects in crowds.
# Civil liberties group Big Brother Watch on Thursday launched what it described as a landmark legal challenge, with the backing of Baroness Jenny Jones.
# The facial recognition technology, which has been used for two years at Notting Hill Carnival, has wrongly identified people 98% of the time, leading to photos of over 100 people being stored on police databases without their knowledge, Big Brother Watch alleged.
# They described the Met’s continued use of facial recognition software as “lawless growth of Orwellian surveillance”.
CALL TO ARMS HERE – FOR EXCELLENT START-UPS LIKE WESEE. SURELY MET POLICE YOU ARE WORKING WITH THESE BUSINESSES – START COLLABORATING PC ! TECH CAN SAVE US !
WEWORK: PUBLISH THEIR Q1 FILING… & ITS PRETTY AMAZING !! PEARLS & DIAMONDS INCLUDE:
# THEY HAD A $1.5bn revenue run rate through Q1
# 70% higher run-rate than actual 2017 revenue, driven by a significantly increased occupancy rates
# THEY ARE RAISING …$1.5bn @ a $35bn valuation, with SOFTBANK VISION potentially LEADING
EPIC GAMES: FORTNITE LATEST FROM E3:
# 125m GAMERS have played the GAME… since it was released for PCs, Macs, the PlayStation 4, the Xbox One and mobile devices beginning nearly a year ago.
# ITS FREEMIUM.. but in he month of April alone EPIC generated £300M sales from of add-ons such as colour schemes for weapons or new outfits for characters.
THE FORTNITE MODE ..OR BATTLE ROYALE IS NOW BEING EMBRACED INTO SOME OF THE UP & COMING RELEASES:
===> Activision’s CALL OF DUTY BLACK OPS 4 – WILL HAVE A BATTLE ROYALE MODE, when released at the end of the YEAR.
===> Electronic Arts also announced this MODE for BATTLEFIELD 5.. based in WORLD WAR 2.
EPIC KNOWS THEY CAN CREATE CHAMPIONS:
# Epic is looking to take advantage of that popularity, with a FORTNITE WORLD CUP happening next year and QUALIFIERS taking place towards the end of YEAR.
# The PRIZE pool will total $100m…. to MAKE FORTNITE BATTLE ROYALE …A WAY OF LIFE
ESPORTS MERGING INTO THE BEDROOM, BRINGING TEAMWORK & COMPETITION INTO REAL-TIME ADVENTURES. THE WAY KIDS HANG OUT NOW – PLAY TOGETHER / RATHER THAN ALONE
LASTLY… HERE’s THE TAKE ON FORTNITE @ E3:
A WAY OF LIFE NOW – FOR PARENTS AND KIDS & ALSO THE BEST SELLING FATHERS DAY CARD IN THE UK…. HMMM … I WONDER IF I WILL GET THAT ONE FROM THE LILOWES
CRYPTO: SEES A DEAD CAT BOUNCE – YESTERDAY.. WITH MOST MAJOR NAMES RALLYING 10% OR ABOUTS..
===> On the news that: ETHER, the world’s second largest cryptocurrency ether jumped after an SEC official made it clear that it is not a security.
THE SEC COMMENTED::
Ether and other cryptocurrencies have maintained that they are not securities, and this was the first public SEC statement affirming this
SEC COMMENTS @ the Yahoo All Markets Summit: Crypto conference in San Francisco.
”We don’t see a lot of value in seeing ether as a security”.
TOYOTA: A MILLION MILES FROM THEIR THE DAYS OF THE TOYOTA CELICA TAKING 70’s BRITAIN BY STORM..
# TOYOTA confirm they are investing $1bn in GRAB @ a valuation of $10bn.
# This is the second time they have invested – being part of the $2bn SERIES G, that DIDI & SOFTBANK led.
# Total funds raised for GRAB to $5.1bn
# GRAB are becoming TOP DOG in ASIA
# They also launched GRAB VENTURES… .& acquired two startups: Indonesia-based KUDO & Indian, IKAAZ.
# GRAB & TOYOTA are working together on technical aspects around new vehicles, now vehicles and also self driving.
GRAB will use its latest $1 billion investment from Toyota to expand into other verticals like food delivery and payments. It will also allow the company to deploy services like user-based insurance.
ANOTHER HUGE RISE FOR THE SHARING ECONOMY THAT IS THE FIRST ONE IN A WHILE NOT FOCUSED ON SCOOTERS AND BIKES
THOUGHTS OF THE DAY:
1. INSTAGRAMUSEMENTS: HATRICK TODAY …
# NOT ONE FOR POLITICS, BUT I BELIEVE THE REBEL FORCE OF SCOTS STORMED OUT OF PARLIAMENT YESTERDAY
# RATHER AMUSING KIDDY QUESTION LISTED HERE:
# ON A MORE POIGNANT NOTE: R.I.P: GRENFELL
GOOD WEEKEND – ENJOY THE WORLD CUP & SUMMER FETE’S, LADIES AND GENTLEMEN