Description: People have made fortunes selling cars and trucks. For many of us, a car is the second most expensive thing we’ll ever buy. But experts say the value of vehicles will likely pale in comparison to the riches from our cars’ data.
“Data is the currency of the digital age,” said Jim Barbaresso, who leads Intelligent Transportation Systems at HTNB. “Vehicle data could be the beginning of a modern day gold rush.”The gold rush analogy is a common one, made by everyone from Barbaresso to the CEO of Daimler. Here’s why there’s so much potential:
Cars increasingly have sensors and cameras to track their performance and their surroundings. Vehicle sensors, for example, can better tell when an engine part is in need of replacement. A back-up camera doesn’t just help us park, it can tell how many pedestrians or vehicles are on a block.
These sensors generate data, which can be analyzed to make money. (If you doubt the way data can be turned into money, just look at the success of Google (GOOG) and Facebook (FB, Tech30). They offer free services to billions, and make a fortune off the data they collect.)
Description: Apple, Amazon, and Google say their virtual helpers—Siri, Alexa, and the less snappily named Google Assistant—can make our lives easier by acting on our commands to book cabs, order pizza, or check the weather.
Date: May 31, 2016
But like all the other free-to-use goodies that tech giants offer up, these new personal assistants must also earn their keep. The companies aren’t saying much about exactly how their automated personas can boost their bottom lines, but they have clear potential to open up new lines of revenue. Perhaps most important, they could significantly increase the data that companies have on our preferences and everyday lives.
“A deeper profile of the customer is possible,” says Sridhar Narayanan, an associate professor of marketing at Stanford. “Already Google and these others have a lot of information about us—this is one new source that is different.”read rest of story
1. What is the revenue model to earn a revenue stream with these virtual assistants?
2. Which one do you anticipate being the most successful? Why?
Description: The world’s largest retailers are planning to not only grow into the world’s biggest logistics companies, but to completely revolutionize the industry.
Date: May 31. 2016
Both Amazon and Alibaba have recently made significant investments to their supply chain capabilities and in the not distant future they will soon handle more shipments than most specialist delivery postal and courier companies.
In effect, these companies are building their own streamlined delivery systems that may replace the more established specialists.
Earlier this month, Amazon signed a new deal to lease more cargo jets, in effect doubling the size of its fleet. This is partly a response to increasing demand (shifted 27% more units in last quarter) but also a part of a grander plan.
The aimfor these internet giants is nothing less than the obliteration of all alternative forms of retail. When it comes to sales, Wal-Mart dwarfs Amazon by a factor of four. Jeff Bezos, Amazon CEO, plan is to undermine these lead by competing for consumer attention in ways that Wal-Mart can never match. That is, by offering a nearly infinite menu of goods, same-day delivery and liberating from the tiresome trip to the busy out-of-town store.read rest of story
1. How do Amazon and Alibaba plan to revolutionize the logistics industry?
2. Do you feel these companies will be successful in this strategy? Why or Why not?
Description: Nothing concentrates minds at a tech start-up like living in the middle of a price war between Amazon and Google. Just ask executives at companies like Box, Dropbox and Hightail
Date: Aug 24, 2014
“These guys will drive prices to zero,” said Aaron Levie, co-founder and chief executive of Box. “You do not want to wait for Google or Amazon to keep cutting prices on you. ‘Free’ is not a business model.”
So how do you avoid free? Box is trying to cater to special data storage needs, like digital versions of X-rays for health care companies and other tasks specific to different kinds of customers. Hightail is trying to do something similar for customers like law firms. And Dropbox? It is trying to make sure that its consumer-minded service stays easier to use than what the big guys provide. READ REST OF STORY
Questions for discussion:
Using Porter’s model for competitive advantage, how do you feel that someone like “Dropbox” will compete in this changing industry? Explain which generic strategy they will pursue.
Do you feel the larger companies like Google or Amazon will drive these smaller one out of business? Why or Why Not?
Description: Learn about how Amazon Web Services (AWS) offers a cloud computing solution for businesses, non-profits, and governmental organizations with a flexible, highly scalable, and low-cost way to deliver their websites and web applications.
Source: AWS Cloud
Date: Sept 4, 2013
This short video helps explain the benefits of running your website on Amazon Web Services. You’ll learn about the low-cost, pay only for what you use pricing model and the elastic scalability that helps you match your resources to the demands of your users. You’ll also find out about the flexibility you have to run any software you want and how this can help you get your website to market faster.READ REST OF STORY
Questions for discussion:
1. What is AWS (Amazon Web Services and why is it important?
2. What potential applications do you see for AWS and in what industries will this add the greatest value?