Here at SVIC we recently gained a huge amount of insight into the employment preferences of the millennial generation. This came about thanks to a tour of Silicon Valley we hosted in early April for 73 master’s degree students from the Madrid campus of ESCP Europe, the elite business school founded in Paris in 1819. The average age of the group which joined us in northern California was twenty-five years old; they are all studying for qualifications in subjects like digital marketing or business project management. The students were eager to see up close how companies are run today in ... Read more
SILICON VALLEY TOURS IMMERSION PROGRAMS INNOVATION EVENTS APRIL 11 World leader WhatsApp hotly pursued by innovative rivals from China and Russia Facebook-owned WhatsApp is undoubtedly the world’s most popular messaging service and has been since at least 2014, when it could boast 600 million monthly active users. The corresponding figure today is 1.5 billion, over 50 percent more than its closest rival, WeChat, which had 963 million monthly active users at last count (see chart). Apart from being the market leader, WhatsApp is also unique for the fact that it is one of the few big-name messengers which does not ... Read more
World leader WhatsApp hotly pursued by innovative rivals from China and Russia Facebook-owned WhatsApp is undoubtedly the world’s most popular messaging service and has been since at least 2014, when it could boast 600 million monthly active users. The corresponding figure today is 1.5 billion, over 50 percent more than its closest rival, WeChat, which had 963 million monthly active users at last count (see chart). Apart from being the market leader, WhatsApp is also unique for the fact that it is one of the few big-name messengers which does not generate any revenue. The company has said on numerous ... Read more
2017 was a record-breaking year for Fintech and 2018 promises to deliver plenty more of the same according to Augstin Rubini, a London-based financial industry strategist and general authority when it comes to all things related to the next generation of banking. Speaking at a webinar jointly hosted by the Professional Risk Managers’ International Association (PRIMIA) and the Silicon Valley Innovation Centre (SVIC), Rubini shared numbers showing that in 2017 $16.6 billion was invested in Fintech, a new annual record. That cash went to the more than 5,000 Fintech businesses operating today throughout the world. Among them, according to Rubini’s ... Read more
Have you noticed the shift? Apple understands luxury B2C retail better than any other tech giant. And, apparently, selling $1,000+ phone is a not a bad way to make money. Apple’s pricing strategy is either a clever way to bolster revenue despite underperforming unit sales or a sign of product maturity and innovation stagnation. Only time will tell whether this approach pays off in the long run.
How FinTech Could Shape Your Strategy in 2018 [Expert Talk] FinTech investments are still booming with more than 5,000 fintech startups operating, with 50 of them having already reaching over a billion-dollar valuation. The question remains, how will FinTech change the financial services landscape and what can corporations do to use the technology to shape strategy? Agustín Rubini, speaker, author, investor, and mentor helps to navigating the complex nuances of this global industry in this 45-min video. [Watch video] Trends in Retail and AI from a Silicon Valley Insider [Video] We had a great time hosting WowTechNow media channel ... Read more
Revenue generated by the newspaper publishing industry in the United States has been dropping steadily in recent years, falling from $33.59 billion in 2011 to a forecasted $27 billion by 2020. Online publishing, meanwhile, has become an ever more prevalent force, with web platforms taking more and more advertising dollars away from traditional media. Google’s revenue from advertising has been rising steadily since 2001, reaching $95.38 billion in 2017. With more and more advertisers moving away from print media and into digital, these trends look set to continue. A 2017 study conducted by advertising consultancy WARC found that globally 18% ... Read more
2017 American Unicorn Recap!
It is estimated that there are approximately 3x more IoT connected devices than humans on earth.
VR and AR: Real Estate Will Never Be the Same When people first conceived of using virtual reality, they thought it might be an excellent form of entertainment. Instead, VR technology has spread into a number of practical consumer industries, such as the buying and selling of real estate. VR and augmented reality, a similar technology that also aids in purchases, have the potential to dramatically overhaul the entire process of real estate marketing. How Does Virtual Reality Work in Real Estate? Thinking of how to use virtual reality could seem more like fiction than fact. With VR in real ... Read more