One of my favourite annual Internet reports is out. It’s the KPCB report, from the Venture Capital company based in the US.
It’s 196 pages of fact-packed charts, and here are my favourites.
The US makes up ‘only’ 10% of the 2.8bn online users. 73% of the World has a phone, of which 40% are smartphones. So there are 2 billion smartphones.
The top 15 Internet companies (by capitalisation) consist only of American and Chinese companies.
The only company featuring in the top 15 companies in 1995 and 2015 is Apple, which has increased its capitalisation by over 190 times! The combined capitalisation of the top 15 has increased by 141 times.
This morning I was on the keynote panel at the FST (Financial Services Technology) Conference in Dallas, USA with the snazzy title of Digital Transformation. I was joined by three other panelists from Thomson Reuters, Wells Fargo and Discover. It was a lively debate, with some differing views and experiences. I thoroughly enjoyed the experience.
In preparation for the conference, I put together my thoughts on what is Digital Transformation? There are many industry commentators who are putting every project into their Digital Transformation bucket (well, budget). And Transformation either starts with or leads on to Innovation – so what is Innovation?Continue reading What is Digital Transformation in Financial Services?→
I went to the Deloitte Media Consumer 2015 survey presentation presented by Matt Guest, their Head of Digital Strategy EMEA. The survey focusses on media consumption habits in the UK, and was an informal, highly interactive presentation. So interactive, that I apologise to the rest of the audience for asking so many questions.
The invite pulled out some key stats:
A third of us watch the same TV shows every day
61% watch on average one short form video a day
The younger generation prefers sharing social media content with a limited amount of followers
36% of adults feel they don’t need to go and see big releases in the cinema as they are available on demand so quickly
For up-to-date news content, 70% of users turn to Twitter
You may have seen some publicity recently how a megazillion people in the UK, especially London, all work in the FinTech sector. This publicity stems from some research commissioned by London Technology Week, a series of events taking place in London around FinTech.
The events range the full spectrum of FinTech technologies, and as a result we have clients travelling from the US over to London for LTW (London Technology Week). Most of the events are free, and even the charging ones were under £20.
The first event of LTW15, or the headline event as it was known, was at Goldman Sachs called “Goldman Sachs Engineers – Solutions to Complex Problems at Scale”. Here are some brief notes. My apologies for speed over brevity – there will be a lot to cover this week.
At the June CSFI breakfast round table we discussed some of the recent technology and market innovations in the Fintech industry. In fact, it wasn’t a round table at all – there were so many attendees that it ended up more like a lecture theatre layout. Credit to the panel for keeping the conversation two-way with the audience.
CSFI round tables are always interesting, and due to the Chatham House rule, I can only report on the main headlines and not who said them.
Well, the Apple Watch is here. You could have been forgiven for not noticing. Official sales figures haven’t been released yet, and won’t be for some time because Apple will bundle the Watch sales numbers with other devices in its next quarterly report.
Since its first announcement last year, I’d pretty much forgotten about the Watch being released. I thought the press announcement was smart – an announcement without a timescale and sent the share price even higher. So when I was with my son on the Tube recently and he whispered to me that the teenager sitting opposite us had “THE WATCH!” it served as a timely reminder (pun intended). Continue reading Apple Watch update→
Since the week before Easter I’ve been extremely busy – there was the holiday period, followed by a big family celebration, and then last Friday I managed to fall off my bicycle and break some fingers. In short… it’s been quite hectic.
During the family celebration I heard a brilliant quote from a friend, Yehuda, an IT Solution Architect, who had travelled from Israel to join us for a week. We were discussing how IT projects have become either prescriptive (detailed requirements) or business focussed (with high level requirements and leaving the solution to the supplier partner). He tells this to all his customers:
Tell me either what you want to do, or how to do it, but if you tell me both – go and do it yourself.