Strategy in TECH...
One of the more interesting booths I visited at CE Week earlier this month was by a company called Plott, a startup that offers very cool digital interactive measuring tools featuring augmented reality (AR) – or what they like to call extended reality (XR) – technology that interacts with an app on your smartphone in remarkable ways. This could be a game changer not only for the consumer, but for the construction, remodeling, custom integration communities as well.
The Chinese government has targeted artificial intelligence (AI) as a technology they want to dominate globally. They are pouring billions of dollars annually into AI development and directing universities to focus on the technology in all of their fundamental research.
Now, in the first public demonstration of their progress in AI technology, the state-run Xinhua News Agency has introduced and demonstrated a pair of virtual news anchors or avatars based on two known Chinese flesh-and-blood reporters.
Sony CEO Kazuo Hirai is feeling pretty good these days. After an incredibly tough turnaround period where many questioned his plan, Hirai said this week that the company expects to book an operating profit of ¥500 billion ($4.5 billion) in the fiscal year ending March 2018, its highest operating profit in 20-years according to a report by the Nikkei. But the CEO admits that, as good as this news is, the company is still short of a full turnaround.
What’s needed for a complete turnaround of Sony’s business? Innovation…
