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New Apple ad summarizing the features of Apple iWatch just introduced.
NYU Professor predicts the future of the four horsemen of digital tachnology: Amazon, Apple, Facebook, and Google. Who will go up in value and who will decrease? 15 fast analysis minutes.
Top 20 Trends in 2015 Forecast- Fast paced summary of the 2015 top 20 trends from Trendhunter.com across multiple industries. Enjoy.
From Telstra Australia, some technology ideas on how the connected world will evolve. Mobile and Internet of Things come together to enhance work, play, and shopping.
A video on 10 potential future technologies, some of which are already here. Do you agree with this list?
Concept video from Fibaro.com on the "Smart Home". Transform every house into a self-regulating mechanism.
The dark side of online and offline life integration with technology. What happens if it all becomes just a game? Special contact lenses to the future.
Another viral video on the future potential of Google Glass and other wearable devices.
Multiple Wearable Keyboards Including Google Glass -- Wearable and virtual innovation is just getting started and will transform multiple industries.
Top 20 Trends in 2014 Forecast from Trend Hunter Magazine - Mix of consumer retail, social, and technology trends shaping this year and the future.
By 2020, there will be 50 Billion devices connected to the Internet. Here's another view on how "The Internet of Things" will impact our daily lives.
From Cisco Chief Technologist Dave Evans, "The Internet of Everything: Relevant and Valuable Connections Will Change the World." Properly managed with a balance towards privacy, the possibilities are
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"Die of Success? Give me a break. We've only just started." - Amancio Ortega, Zara's Founder
Continuing our global journey to learn something new our next stop is the retailer Zara. As of January 2023, the Inditex group which includes Zara operated nearly 6,000 stores worldwide.
In 1963, Amancio Ortega opened Confecciones GOA, a small dressmaking workshop in La Coruna in Galicia, Spain. Zara was born in 1975 and originally it was called Zorba, an inspiration from Amancio’s favorite movie ‘Zorba the Greek’. Turns out a bar nearby already had taken the Zorba name.
The Inditex Group was born in 1985 as a holding group to bring multiple companies, including Zara under one banner. Inditex actually stands for ‘Industria de Diseño Textil’.
Zara’s designers create 40,000 new designs annually, out of which up to 12,000 go into production. From the design stage to production, distribution, and appearing for sale in a Zara store, it takes up to 15 days (industry average is 4 to 6 months). Annually, the company produces 500 million pieces of clothing.
Most global fashion brands pump 3% to 7% of their revenues into advertising. For Zara, the advertising budget is 0.3% and most of it is used on store displays. 85% of the clothes are sold at full price.
La Coruna and visiting Inditex stores throughout the world such as this Zara in Milan was one of my favorite retail activities. Their focus on innovation and continuous improvement have also been a core inspiration to my career. As the opening quote from Amancio reminds us, if you truly enjoy what you are doing, every day, you are just getting started.
Retail's AI Revolution
The overall economic AI impact worldwide through 2029 will be $9.2 trillion USD. This impact will vary dramatically by region, by tier, by retail segments, and by solutions. AI/ML has the potential to greatly enhance retail operations by analyzing customer data, providing personalized recommendations, optimizing inventory management, and automating customer service, but implementing these technologies can be challenging and requires extensive data cleansing and tagging. - From IHL Group Read more
How Generative AI is Being Used to Change the World of Marketing
77% of companies are exploring Artificial Intelligence, including Generative AI. This innovative technology involves algorithms fed into existing content to create iterations with new content, including audio, code, text, pictures, video, and simulations. The goal is to 'teach' machine learning systems to 'artificially think' and create innovative content. - From Techaeris
Apple vs. Samsung’s Strategies to Move Manufacturing Away From China | WSJ
China has long been the manufacturing hub for tech giants like Apple and Samsung. But now, a range of geopolitical factors are pushing technology companies to spend billions to relocate their operations to places like India, Vietnam and Latin America. Read more
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