Strategy in TECH...
The past couple of years there’s been a lot said about the value and effectiveness of CEDIA Expo. While some of the criticisms may be valid, it does not mean that industry professionals should skip the event because its usefulness has passed.
Here are my thoughts on some of the powerful, but intangible, benefits of attending our industry’s most important trade show.
Cleverly Home, a custom home builder in Japan, has come up with a way to generate additional revenue from its model homes, while also opening up a new way for prospective homeowners to experience its designs. A reporter for the Nikkei in Japan was quite taken by the concept as the homebuilder will allow the model homes to be rented out as private lodgings on dates when no homebuyer showings are scheduled.
Azione Unlimited, a leading North American buying group of upscale custom integrators, announced on Wednesday that it has formed the Azione Collective, a group of women drawn from all walks of the greater Azione ecosystem who have come together to “empower connection, mentorship, and growth.”
Just days after Amazon put on its glitzy annual devices and services showcase for the media in New York City, employees were surprised to learn that a Vice President who helps oversee the devices division is leaving the company. In an internal memo circulated to employees, and viewed by Reuters News Agency, it was announced that Rob Williams, Vice President of Device Software and Services – and part of a small elite group of executives with direct access to CEO Andy Jassy known as the S-team – stepped down from his post…and furthermore, will leave the company entirely at year-end.
Here is a really smart idea: AVPro Global, one of the industry’s fastest-growing manufacturers of a wide range of products designed specifically for the residential and commercial custom integration spaces, is creating an “Expert Advisory Board.” Why is that smart? Because a well-selected advisory board can be a great sounding board (no pun intended) on strategies and tactics, and an almost limitless source of fresh ideas and perspectives for driving above-average growth.
The first expert appointed to this board is well-known industry executive Wally Whinna, formerly of ADI/Snap One, AVAD, Tandem Marketing, and Allnet.
Emerald Expositions, part of Emerald Holdings, Inc. (NYSE: EEX) and owners of CEDIA Expo and CEPro, has reported that final attendance at CEDIA Expo 2025, “the premier event for the custom systems integration industry,” establishes it was yet another year of declining participation. This rather sobering news is consistent with feedback I received from several exhibitors at the event this year – almost all of whom told me that attendance was noticeably off, with several saying it was significantly down from last year.
Now we know with certainty, even with Emerald’s attempt to hide the real attendance figures, that attendance at Expo 2025 was in fact appreciably below attendance at Expo 2024 last year.
The long-awaited closing of Masimo Corp.’s (NASDAQ: MASI) sale of Sound United (formerly Masimo Consumer) to Harman International, a subsidiary of Samsung Electronics, has been formally completed. Both parties of the transaction put out their own separate announcements, with Masimo’s version quite short and perfunctory, while Harman’s gave little more than an inkling of what is to become of Sound United.
The 8K Association (8KA) is pulling out all of the stops to brightly project awareness of the growing 8K resolution ecosystem to all corners of the Colorado Convention Center in Denver, Colorado, during CEDIA Expo 2025 running from September 4-6, 2025. To do this, the association will employ a multi-faceted presentation and communication strategy that promotes the entire ecosystem from content creation and production to distribution, integration and viewing in the home.
After markets closed on Tuesday, Masimo Corporation [Nasdaq: MASI] released its results for the second quarter of Fiscal Year 2025, and to my eyes, they looked really solid. Revenues grew by a respectable 8%, operating profits grew by 54%(!), operating margins improved by 520 basis points (that’s 5.2% more than last year), and earnings per share shot up an eye-popping 78%(!) What’s not to like?
Yet on Wednesday, the first trading day after these results were announced, the value of MASI shares actually dropped 12%! What?!?!
Enigmatic, mercurial CEO Elon Musk confirmed to Reuters news that Tesla has signed a deal with Samsung Electronics to manufacture and supply Tesla’s next-generation AI chips, the AI6. The contract is said to be valued at $16.5 billion.
