Strategy in TECH...
For many, many years the Consumer Electronics Show (CES) – an exposition hosted by the Consumer Technology Association (CTA) – was a huge part of the technology industry. In many ways, it was virtually the embodiment of tech – you HAD to go there to discover the latest products that were being shown to buyers so they could get their orders placed in time for the prime selling season starting in the fall of that year.
Sonos announced on Tuesday that it has filed a patent infringement lawsuit against tech powerhouse Google – by far their biggest…and potentially riskiest…action yet. And perhaps keeping Emerson’s quote in mind, Sonos took a double punch at the king, filing a lawsuit against Google in the District Court for the Central District of California…AND at the same time, filing a complaint with the United States International Trade Commission. This is the first time, Sonos has started a war on two fronts, suggesting to me that they are deadly serious in this effort.
A new day, a new year, a new DECADE – think of the possibilities! The last decade began in 2010 on the tail end of a major recession that affected all industries, but especially the housing industry – which was hit harder than most. This meant that, for those of us in the custom integration space, our opportunities were limited at that time, as housing is a significant driver of demand for the types of products custom integrators sell and install. However, the resulting long, slow economic recovery – which is still continuing – set new records and many would argue we enter the 2020s poised for even greater success.
As we hurtle headlong into the a new decade – the 2020s – it’s a good time to pause and take stock of some of the major events of our industry’s recent history by ranking the Top 10 Strata-gee stories of 2019 based on total page views. This ranking shows just what stories drew the most attention of Strata-gee’s eminently intelligent and inquisitive readers.
Yesterday, I attended a memorial service even though I had no personal relationship with the person who had recently passed. In fact, I had never had the pleasure of even meeting this person. Yet I chose to pay my respects because I’ve known the family for years and am especially friendly with certain specific family members to whom I wanted to demonstrate the depth of my care and support. Out of respect for their privacy during this difficult time, I’ll not name them here – but I’d like to share some lessons I took away from such a poignant event.
Some would say a death at this time of year – during the holidays – is an especially tragic event…and there certainly was a lot of sadness shown there. Sadness is an unavoidable element of an event such as a memorial service. But there was also a lot of stories, laughter and most importantly…love.
Universal Remote Control, Inc. (URC) has had a round of layoffs heading into the holidays. Taking place last week, the remote control giant has made cuts to its team that represent approximately 6% of their total workforce.
If you saw my recent article on the Emerald Expositions’ leadership turmoil (See: More Leadership Turmoil Hits Emerald Expositions), in addition to covering the fact that their new CEO (just started in June) was leaving the company at the end of the year, I also provided some sobering key figures from their recent fiscal third quarter results report. I have done a deeper dive into their report, only to uncover even more troubling information.
Rumors abound for the last few days and now we learn it’s true, Frank Sterns, former Vice President of AV Specialty/Custom Integration for Sony, has left that position to join Sound United as Senior Vice President of Commercial Operations – Americas. This new role will begin on January 6, 2020.
You knew they were big, but you didn’t know just how big streaming innovator (and leader) Netflix really was…until now. In a bid to prove to investors they have what it takes to stave off a whole new class of streaming competitors, Netflix released some detailed numbers on their global subscription base that has Wall Street really buzzing.
The Census Bureau, in cooperation with the U.S. Department of Housing and Urban Development, released new home construction data for November, offering details on what is generally known as housing starts. The overall construction starts – which includes both single-family and multi-family homes – both showed increases over the revised numbers for October, suggesting a return to economic stability after a period of concern about a possible slowdown.
