INNOVATION \ CHANGE

Latest Features

Music R&D

28 November 2014 in -e.showcase

Music investmentRecord companies are investing $4.3 billion a year in A&R and marketing, according to a new report from the IFPI. And labels are the leading investors in artists, putting 27% of their revenues in A&R and marketing. Sector comparisons show music industry investment (16%) exceeds R&D investment in industries such as software and computing (9.9%) and the pharmaceutical and biology sector (14.4%).

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Redmi ready for flash

28 November 2014 in -e.mobile

xiaomi-indiaWith a mere two months of sales behind it and a batch of online flash sales, China’s Xiaomi has managed to capture a 1.5% share of the Indian smartphone market and will likely hit 3% before end-2015. The company is also rolling out its Redmi Note phablet – as usual, available exclusively on e-retail site Flipkart – on December 1, with the Redmi Note 4G coming to Indian consumers later in the month.

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Powering Welsh life sciences

28 November 2014 in -e.showcase

penn pharma walesTredegar-based specialist pharmaceutical services provider Penn Pharma looks set for further expansion following its recent sale to leading US drug development company Packaging Coordinators, Inc. Already highly internationalised – two thirds of Penn’s business is with clients are outside the UK – PCIs global footprint will provide the fast-growing Welsh company with the opportunity to expand further and to better support its existing client base.

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Lab for sharing

27 November 2014 in -e.showcase

UK sharing economyThe UK now has a sharing economy roadmap to follow, and one of the first tasks is to set up a sharing economy Innovation Lab for incubation and research. And what will the Lab’s tasks involve? It needs to provide targeted financing for sharing economy services, and help these services learn from each other and share best practice. That’s according to the Unlocking the Sharing Economy report, a government-supported independent review. The new lab should also support research into how sharing models can improve the delivery of services to the UK public – and we hope that doesn’t mean yet more resources pouring into pizza and taxi apps.

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Nudges get bossy

26 November 2014 in -e.showcase

BossyReady yourself for ‘empathy tech’. That’s because a new breed of social machines are becoming integrated into our daily lives. And these devices and systems can understand a wider range of human needs and behaviours “to provide relevant assistance and support at key moments”. This opens the possibility of more intimate relationships with the objects in our lives, says the Living Within The Internet of Things report from PFSK and Intel.

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Where’s the innovation?

25 November 2014 in -e.showcase

entrepreneurship innovationAnglo-Saxon economies predictably dominate the Global Entrepreneurship Index 2015, with the US, Canada, Australia and the UK, respectively, filling the top four spots, writes Steve Mullins. What is the GEI measuring? Put simply, it’s a combination of entrepreneurial attitudes, abilities and aspirations, along with those characteristics of entrepreneurship which enhance productivity – such as innovation, market expansion, being growth-oriented, and having an international outlook, explains the Global Entrepreneurship Development Institute.

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Taking on the rickshaw

24 November 2014 in -e.showcase

uber indiaUber’s getting a rough ride from pretty much everyone right now. And that ride may get rougher in India as the car-sharing outfit takes on the traditional rickshaw. UberGO has been rolled out in 10 cities, including New Delhi and Bangalore, with chauffeur-driven hatchbacks such as the Etios Liva and Maruti Ritz hitting Indian streets. Uber, in typical brash Uber style, claims the service is available to 1.2 billion citizens (note: around 30% of Indians live below the poverty line).

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City smarts

24 November 2014 in -e.showcase

smart city innovationSmartphone owners around the globe are now making cities smarter, according to the Smart Citizens report from Ericsson Consumerlab. For example, three-quarters of consumers want sensors to be deployed in public spaces so they know which areas are crowded and best avoided. The same proportion want to see both interactive street signs and bike/car sharing.

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Latest News

Video Maintenance

28 November 2014 in -e.video

Vimeo-backed web series High Maintenance is reportedly pulling in strong revenues with its fifth series selling at $2 a show, or $8 for the entire six-episode series.

Everything is tech

27 November 2014 in -e.showcase

Four out of the top five fastest-growing UK companies are software firms, according to Deloitte, with online advertising outfit Switch Concepts able to boast a whopping 10,477% growth.

Doing the PocketMath

27 November 2014 in -e.mobile

Japanese online retail behemoth Rakuten has invested $10 million in PocketMath, a Singapore-based outfit enabling companies to buy and sell ads in real time on mobile devices.

Streamed to sell

26 November 2014 in -e.online

Streaming-radio outfit Pandora says its music boosts track purchases, with the average positive effect of new music being a 2.3% increase in sales of track-equivalent albums.

Yik Yak cash back

25 November 2014 in -e.mobile

Yik Yak just picked up $62 million in new venture funding a mere six months after raising $10 million.

Get car

24 November 2014 in -e.showcase

Start-up watch: US cities clearly need more car-sharing apps – why else would venture capitalists throw $24 million at car-sharing start-up Getaround?

Spotify hitches Uber ride

20 November 2014 in -e.showcase

Spotify has taken a shine to Uber and has allied with the car-sharing outfit to launch a music playlist for Uber users in 10 cities around the globe.