Strategy in TECH...
I recently became aware of the fact that Vanco, the Chicago-based manufacturer of a broad range of mostly accessory products had decided to become a master distributor for a product category that we all need, we all use, and yet to which we pay little attention. It is in this reality, Vanco’s President Mark Corbin tells me, that there lies a tremendous opportunity to better serve our customers and to add meaningful profit to our financials.
By now, you may have heard that Savant has acquired Racepoint Energy, LLC, which will now operate as Savant Power. In another post, I discuss this acquisition in a little more detail and interview Savant Power President Anna Demeo. Demeo is incredibly smart and because of this, it was one of my more challenging interviews – let’s just say you don’t want to take her on in a game of Scrabble. This is a big move by Savant and if you don’t look closely, you may miss the importance of what it potentially represents – a significant disruption of the power segment.
Last week, Savant Systems, Inc. announced that it had acquired Racepoint Energy, LLC, a provider of innovative power solutions. What many people did not know was that Racepoint Energy was another venture launched by Savant CEO Bob Madonna, and was originally intended to be a freestanding solution – primarily targeted for commercial, industrial, and utility markets.
But then the world changed and it made sense for Savant to bring it under their residential automation brand.
STRATA-GEE: This is the second installment of our series on the controversy engulfing MQA, conducted in partnership with guest poster Bill Leebens. In this post, you will learn more about those who are critical of MQA, with some going on the record for the first time for this story. MQA has been controversial almost from the beginning – with an intense opposition that ebbs and flows over time. But as we told you in our introductory installment (see MQA Controversy – A True Audio Breakthrough? Or a Marketing Scam?), a recent YouTube video critique from an audiophile not involved in the audio industry, has spurred a huge resurgence of interest (that video had over 267,000 views!), in part because of the perhaps naive but seemingly earnest reasonableness of “GoldenSound” and the heavy-handed backslap from MQA.
Bowers & Wilkins continues to forge new paths through the audio jungle, bringing along their trunks full of high-end ethic and high-performance sensibility to help civilize the undisciplined hoards of audio mediocrity. Now part of the Sound United family of brands, B&W hasn’t skipped a beat as they continue to address both new products and new product segments as first revealed to the press seven months ago.
Yesterday, the company launched a pair of true wireless earbuds that completely embody the company’s unique bespoke design style in both industrial design and technological innovation – meet the PI7 & PI5.
AudioControl announced this week that their top-rated X-Series audio/video receivers and preamp/processors are now certified to be Roon Ready. What this means is that these models can auto-discover and connect to Roon without any user or integrator involvement with advanced configuration steps.
Yep, you read that right. Bowers & Wilkins (B&W) today announced that they have launched an impressive looking 16-channel distribution amplifier aimed at the custom integration channel. Long deemed by many to be the king of Hi-Fi stereo sound, the company is making a power move into a decidedly integrator mainstay category. So say “Welcome” to the new CDA-16…
Foxconn, a Taiwanese company said to be the world’s largest contract manufacturer of electronics and Apple’s biggest supplier, announced on Tuesday that due to the global shortage of semiconductors they have been forced to reduce production of iPhones. It was a surprising admission of just how extensive the chip shortage has become – that it is impacting Apple, one of the biggest companies in the world with virtually unparalleled buying power.
In new data from eMarketer, we learn that digital audio continues to grow even in the wake of a global pandemic. And by grow, they mean that the time users spend listening to this type of content continues to increase. Early in the pandemic, this didn’t necessarily look like it would be the case, as homebound consumers turned to traditional TV or social media (or both) leading many researchers to suggest digital audio would lose some ground.
When two power players decide to create something new together, the result could potentially shake the earth and be felt by all in the industry – especially by their competitors. Such was the first thought that came to mind when I learned that Crestron Electronics and Origin Acoustics – one, a home automation and integrated systems Jedi Master…and the other, a leading brand in premium architectural audio solutions – came together to create a new line of residential audio products under the Crestron brand.
