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Just before the Consumer Electronic Design and Installation Association (CEDIA) held its annual Expo in Dallas in October 2015, we learned it had appointed a new Chief Executive Officer – Vincent Bruno, who joined the organization after leaving his role as a marketing director for Crestron Electronics. Bruno, who went through an extensive executive search process, hit the ground running, including trying to meet as many members as possible at the show.
But now, months later, the organization is trying to regain momentum after some concerning issues came to light, the most recent being the exit of Crestron, which we announced last week. Bruno described his go-forward plan…and it is ambitious.
What’s the new CEO’s plan? Read more below… Continue reading
Data Suggests a New Blueprint for Greater Sales Success
A long and proud tradition in our industry is the narrative of the individual sales rep or distributor salesperson schlepping through wind and snow to meet with one of their dealers lugging product samples and marketing materials, pitching his lines, getting a purchase order from the dealer, calling the order into his manufacturers and thus earning a sales commission. But data from Forrester Research, Inc. released last year shows that this tradition is rapidly diminishing, with market trends projecting the elimination of as many as 1 million B2B sales jobs – like those held by sales reps and distributor salespeople – by 2020.
See this surprising data on the rapidly changing B2B sales processes… Continue reading
In a move that appears to indicate that major TV makers are finally accepting the reality that consumers don’t want 3D TVs, Samsung and LG are said to be limiting or eliminating the feature from future TV models. Some may say, ‘What took you so long?’ But the reality is that the industry invested billions of dollars developing the technology and has been slow to eliminate it – saying that there are still some enthusiasts that love 3D content.
See who’s taking 3D off of their TVs… Continue reading
Sharp Corp., the troubled Japanese manufacturer of LCD panels and TVs, finds themselves in unfamiliar territory – multiple potential parties want to buy them and are bidding the price up. Unfortunately, this situation has emerged as a result of their deepening financial troubles and whatever offer they accept is likely to change the company in fundamental and unknown ways…forever.
But perhaps the biggest surprise of all is that despite political pressure to accept an offer from a Japan government-backed bidder – an outcome that everyone in Japan expected – the company has let it be known that it is favoring a bid from a foreign bidder…Taiwan’s Foxconn.
See why Sharp is defying expectations – and its own government – to potentially sell to a foreign entity… Continue reading
Eye-Popping Numbers Point to Huge Shift in Consumer Preferences
Much like the amazing growth in music streaming over the last few years, streaming TV has also seen an explosion in the number of users as well. This growth has been fueled in large part by the growing popularity of both original programming and the replay of popular shows on Netflix, Hulu, and Amazon. Now new research data predicts that in 2016 streaming TV will reach the tipping point – more than half of all Americans will watch TV programming from streaming video services.
See more on this amazing milestone… Continue reading
In new data coming out of Japan, Sony has reported their 9-month results for the current fiscal year revealing solid profitability that makes it clear that their turnaround efforts are producing serious and durable results. Of a total of 439 companies reporting YTD (3-quarter) results, a report in the Nikkei had “Sony stealing the spotlight” with a “sharp turnaround” in its bottom line.
See more details on where Sony has seen results… Continue reading
After receiving several urgent communications from multiple sources, Strata-gee.com has confirmed that Crestron Electronics – for years the single largest exhibitor at CEDIA’s Expo – has informed the trade association that it will not participate in the upcoming 2016 event. Crestron, a long supporter of both CEDIA and the Expo, has always maintained a huge presence, with an upfront positioning right at the entry, thanks to the many priority points it has earned over the years. Now, CEDIA is fast at work finding a replacement.
See more on this surprising turn of events… Continue reading
Reuters reported that all Google Glass social media pages went dark last week…with no explanation given. It was an ignominious end to one of the most anticipated tech products with one of the greatest buzz building campaigns of all time. Alas, in the end all we got was a costly beta test…
Is this the end? See more below… Continue reading
InfoComm International, the trade group representing commercial integrators, announced this week that they have created and set a new standard for integrators called Cable Labeling for Audiovisual Systems (CLAS). This new standard puts forth new requirements for the labeling of cables in an AV system, and is meant to “harmonize” practices among integrators.
See more on this important announcement… Continue reading
Control4 launched their new EA (for Entertainment & Automation) Series of controllers which looks to broaden the appeal of the brand to potentially a whole new class of users. The EA series offers simple but competent control of your music and video content – with solutions priced as low as $600 – as well as automation. Some Control4 integrators are saying this new line effectively bridges the gap between the DIY consumer and the entry-level automation system.