Strategy in TECH...
Snap One, the entity originally founded as SnapAV, and a company whose motto is “Founded by integrators for integrators,” recently demonstrated how they strive to be a better partner by providing their dealers with some really solid and helpful advice. One of their appreciative dealers forwarded me an email he had received from the company containing useful information on how to protect his business from fraud.
Major American and Asian chip makers warned this week that they may scale back their planned investments in building U.S. semiconductor production if Congress doesn’t finally move forward and pass the CHIPS Act. The CHIPS Act is legislation the administration seeks to build up a more robust U.S.-based semiconductor supply chain.
In a world where many brands are building “planned obsolescence” into their products such that after some period of time customers are forced to buy new versions of their products to replace the old, Bryston takes the opposite approach. Instead of forcing you into NEW models, the company wants to help keep past purchasers of Bryston gear in wedded bliss with their OLD “vintage” gear via a new Back to the Future product restoration service.
A broad group of global manufacturers in diverse markets from Ford to Samsung have seen their inventory levels swell as consumer demand weakens in the wake of surging inflation and destabilizing economic conditions, according to a new analysis by the Nikkei. According to their research, global manufacturing inventories have swelled to $1.8 trillion, a record total that is the highest measured manufacturing inventory level in the last ten years.
You may have seen the recent announcement from Savant that they have broadened the distribution of their new energy management solutions to a pair of new, strategically significant distribution partners. You may have ignored this news, perhaps not recognizing the distributors who are both better known in the electrical/renewable contracting communities.
But if you are an integrator who specifies Savant products in your proposals, you should be really paying attention to what this company is doing with its powerful (pun intended) energy management strategy. It’s big!
Today Bowers & Wilkins (B&W) launched the all-new Px7 S2 wireless noise-canceling headphones, designed to replace the previous PX7 that the company says was an “award-winning” product. A premium grade set of headphones, B&W says the new Px7 S2 will “deliver the most detailed, natural and immersive sound available – the True Sound of the artist’s intent.”
Samsung Electronics is taking action to hold back on procurement orders and asking suppliers for concessions, such as delayed deliveries, order reductions, and more in the wake of a concerning buildup of inventory. While the action is said to be temporary, concerns over a slowing global economy make it difficult to determine how long the company will deem these actions are necessary.
RoseWater Energy Group, a manufacturer of residential energy solutions, announced on Wednesday that it has expanded its salesforce footprint, adding four new manufacturer sales representative groups to its network. Not only does this increase the company’s sales touch points, but it expands its presence into four key regions of the country.
Highlander Partners, L.P., a Dallas-based private equity company, announced today that it has acquired McIntosh Group, a manufacturing and distribution company that offers several high-performance, high-end audio brands such as McIntosh, Sonus Faber, and Sumiko. It also operates under Fine Sounds U.K. and Fine Sounds Benelux.
Autonomic Controls, Inc. (Autonomic) announced Wednesday the launch of the all-new Mirage OS 7.0 operating system and the Advanced Music Bridge (AMB), both of which add exciting new features and capabilities to the company’s existing installed base of eSeries Mirage Media Streamers. The company touts the AMB as a clever way to add value to their products already in the field by providing new features now, rather than forcing users to wait for future, more extensive hardware launches.
