Strategy in TECH...
At the end of January, Savant held their popular annual Integrator Summit – its 15th summit ever…but its first such summit held online as a virtual one. In a Zoom meeting with industry media following the summit, President J.C. Murphy recapped the event which is held privately with only Savant integrators in the room.
Savant had a lot to talk about.
Like the hero in their anime movie Demon Slayer, Sony has blown away investors with their latest (and probably last) revision to their fiscal year net profit estimate. Announced on Wednesday, the company now says that it forecasts that it will set a new all-time record net profit for the fiscal year that ends in March. The major reason? A shift in focus away from hardware to services and content revenues and profits.
This week, high-end specialty brand Bryston announced that long time company Vice President James Tanner had partnered with Colquhoun Audio Laboratories, Ltd. to acquire the company. The news was a bit of a surprise and appears to be connected to Bryston CEO Chris Russell’s decision to retire from the company.
Moody’s Investors Service is one of the world’s largest credit rating services that offers ratings used by many investors who target debt investing, such as buying corporate bonds or equity investors. Moody’s rating can literally impact – positively or negatively – the interest or coupon rate companies offer their debt at – and therefore can be critical. Recently, Moody’s published a credit rating decision on Wirepath LLC – the company behind SnapAV.
How did Moody’s rate SnapAV? Read on…
Famous New York Yankees catcher Yogi Berra once said, “Forecasting is very difficult, especially when it’s about the future.” Yet another wise saying from one of history’s most quoted sages. Even so, lately many regular Strata-gee readers (some of my favorite Strata-gists), have been asking me to do just exactly that – predict the future.
That is such a risky business…only a fool would take such a challenge.
“Please join us in looking forward as we continue to evolve as a ‘creative entertainment company,'” said Kenichiro Yoshida, Sony Chairman, CEO and President to kick off Sony’s presentation to the media on CES 2021’s press day this past Monday. It was a carefully crafted opening, with words of particular significance that contrasts strongly with previous company characterizations. Sony is changing.
Has the train jumped the tracks? Or has Sony hit the hyper-drive taking us to a new and exciting unexplored planet?
Ft. Lauderdale, FL-based manufacturers representative firm LK & Associates has acquired another Florida rep firm, L.P. Hench in a deal announced Tuesday. This acquisition represents a line and talent expansion for LK & Associates as it continues to enjoy strong growth.
AudioControl announced this week that it has named Ashley Kay as its new Director of Customer and Technical Services. This is a newly created role at the company and represents a meaningful upgrade in customer and technical support capabilities at the specialty mobile and residential electronics manufacturer.
The Consumer Electronics Show – CES 2021 – opened this week with great fanfare, but no long taxi lines, no crowded booths, and no glitzy hands-on displays. That’s because this year, CES is virtual – or as the CTA (Consumer Technology Association) likes to put it, it is “all digital.”
Can they pull it off?
For many, if not most of us, 2020 turned out to be one of the most challenging years we have ever faced. Blissfully unaware, we entered the year in January expecting a year much like those of the past. Little did we know that we were just eight weeks away from entering the topsy-turvy world of pandemic mania.
I recently ran across a great, thought-provoking article in the MIT Sloan Management Review called “Nine Leadership Lessons 2020 Gave Us” in which author Ally MacDonald spoke with several top leaders about 2020. Their question to these leaders: In what ways did 2020 test leaders, and what are the lessons to be learned.
