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  • Bakrie Group + more news

    Bakrie Group and Path

    Indonesia’s Bakrie Group leads Path’s $25 million Series C round – Indonesia is the world’s largest muslim country. It is also the country where BlackBerry was popular. If you’re not Indonesian, the Bakrie Group won’t sound that familiar. The Bakrie Group is a conglomerate, it has interests across various industries including mining, oil and gas, property development, infrastructure, plantations, media and telecommunications. The Bakrie Group is one of the largest firms in Indonesia, with 10 subsidiary companies listed on the Indonesia Stock Exchange.

    Consumer behaviour

    The Top 10 Global Consumer Trends for 2014 – trends include an overwhelming desire globally to indulge in luxury goods, download more apps and document experiences visually through social media

    I Bought an E-Cigar and My World Has Changed | Motherboard – probably the biggest story out of CES is the rise of e-cigarettes and other nicotine vaporisers

    Economics

    Forget the Unemployment Rate—People Still Don’t Have Jobs – Businessweek – people know that there is long term unemployment despite the numbers

    China inflation slowed

    Ethics

    The corruption of Britain: UK’s key institutions infiltrated by criminals – Home News – UK – The Independent – why the UK could learn from Hong Kong and the ICAC

    FMCG

    L’Oreal pulls Garnier brand out of Chinese market|WantChinaTimes.com – this is about the price point at which Garnier products came in at, which exposed them to domestic brand competition

    Hong Kong

    Hong Kong triads supply meth ingredients to Mexican drug cartels | South China Morning Post – a modern day version of the British opium trade run by the Hongs like Jardine Mathieson but in reverse

    How to

    Search Animated GIFs on the Web – Giphy

    Innovation

    Designing the Next Wave of Computer Chips – NYTimes.com – interesting move, particularly when one thinks about FPGAs, ASICs or even MEM devices

    Hardware Commoditization revivisted – if you want a good enough design. However you can get out of this if your hardware design is sufficiently good

    Online

    Ad ‘Experiments’ Come To Delicious As It Updates Social Bookmarking API With Authentication, Rate Limits | TechCrunch – delicious now ranks at around the 1,000 mark on Alexa and is declining. It is most popular in India and most likely to be used in school. Not too sure how attractive that is going to be to advertisers?

    Retailing

    Amazon preparing to battle it out with Korean e-commerce sites in 2014 – Korea won’t be the pushover of a market Amazon probably thinks, for every example of success in Asia (Amazon Japan) there are car crashes (Amazon China) where they have had their butt kicked by T-Mall / TaoBao

    Software

    everpix/Everpix-Intelligence · GitHub – interesting raw data on a web service

    US Air Force turns up dubious Autonomy accounting in reseller contracts probe • The Register – interesting how will this affect Mike Lynch et al?

    Technology

    I, Cringely Final 2014 prediction: the end of the PC as we knew it – I, Cringely

    Web of no web

    Don’t fear the Internet of things | Jack Shafer – I think that the author is a bit optimistic, when one looks at the way cars surviel their drivers (not only if you have an insurance company-fitted black box) or milling machines that won’t allow you to move them around a workshop or factory, the internet of things is changing the very fabric of ownership and not for the better, let alone the privacy implications. Society needs to adjust or legislate to deal with these step changes and it hasn’t happened yet

    Wireless

    Xiaomi offers refund for fans unhappy with latest model|WantChinaTimes.com – show the danger of spokespeople over promising

  • Cathay Pacific vs. British Airways

    I flew to Hong Kong with Cathay Pacific and had a stopover in Europe and it reminded me why I love to travel with them. My flight from the UK was with British Airways, who used a long haul plane on a short haul route meaning that some people got a flat bed to have a nap in business class, whilst other business class passengers put up less luxurious surroundings, but like the Murphys I’m not bitter.  There was no invitation to their lounge on the break of the flight in Europe, no real up-selling the benefits of OneWorld at all.

    I eventually connected with my Cathay flight at the gate and was told to report to the Cathay counter regarding my boarding pass. The first thing that went through my mind was ‘I hope they don’t bounce me off my flight for some other person’. Instead it turns out that despite my flight being booked through BA; my passport details hadn’t been shared with Cathay for the second leg of the trip. Whilst there the Cathay people asked me if I would like to use their arrival lounge at Hong Kong airport and gave me the pass for it, they then pointed out that gate wouldn’t open for ten minutes and I still had time to use their business lounge before the flight. It was small things that they did that went out of the way.

    Onboard, I have a penchant for Hong Kong-style milk tea and Cathay Pacific do a version of it. Cathay’s version of Hong Kong-style milk tea tastes even better if you get them to throw an Earl Grey tea bag into the cup with it, I ask them for this concoction and they don’t bat an eyelid at the weird aging-hipster of an Irishman in row 11 with the odd request. I wouldn’t do it with BA even if they served Hong Kong-style milk tea, because matron wouldn’t be happy.

    As you would expect with an Asian long-haul airline there is a decent seat to get some sleep in, and a toiletries bag that is is practical. Agnes B did the design which turned out sufficiently practical you want to take it with you. Entertainment-wise Cathay benefits from Hong Kong’s film industry as well as the usual Hollywood fodder.

    All that Cathay Pacific would need to do to be perfect is:

    • Make the shoe locker in their business class seats a bit larger, not everyone wears brogues. They couldn’t fit my Zamberlan boots in let alone cope with a pair of ladies healed boots, a full-sized pair of Timberlands or Jordan 11
    • Allow you to be permanently logged in on their mobile application
  • Shadow banking + more news

    Shadow banking

    Expect wild 2014 with China crackdown on shadow banking – I am not so convinced given the vested interests in shadow banking. Shadow banking ‘wealth management products’ are sold by state banks like ICBC. Local government is funded by land sales to real estate developers, who are funded by shadow banking. The article is assuming that the government reform programme works. Xi is asserting his authority to be able to push through change, however getting rid of shadow banking will take a lot of time

    Business

    China’s games console ban lift pleases Ubisoft and Nintendo- The Inquirer – but PC games are already huge there

    Quantas at junk status – gutted by discount airlines, I thought that long haul would have been a bigger part of their business

    Arkr brings Vitamine under its fold – Campaign Asia – the capabilities of these two would be a good fit with Blue Focus

    Clients pushed back investments or launches in Q4 2013, says Maurice Lévy – some of its clients pushed back new launches or media spend into 2014.

    Consumer behaviour

    Young Americans are smartphone reliant – not terribly surprising but good to see it confirmed

    Economics

    UK temporary hiring growing faster | RTHK – plan for uncertainty and the business efficiencies of zero-hour working

    Lure Of China’s Gray Economy Reaches Rich And Poor : NPR – a problem since the time of Confucius

    HSBC China services PMI falls to lowest since August 2011 | South China Morning Post – (paywall) there are some issues with the data, including that it only includes private companies rather than state owned enterprises, but interesting none-the-less

    Ideas

    Where’s that Black Swan when we need one? – I, Cringely

    High-end CNC machines can’t be moved without manufacturers’ permission – Boing Boing – brings into question the very idea of ownership and makes the machines easier to be malevolently hacked

    Innovation

    Production Methods: Metal Injection Molding (MIM) – Core77 – 3D printing will probably take a while to displace this method

    Global spending on tech will fall this year – where is the innovation?

    What “viable search engine competition” really looks like.

    Media

    China Online Video Market Report for 2013 – China online video market kept growing fast, partly because television is so bad and YouKu has been doing deals like Sherlock and Big Bang Theory

    Online

    wearesocial’s global summary of statistics makes interesting reading

    Retailing

    Tencent, Jingdong In Rumored Tie-Up Talks | Young’s China Business Blog – interesting larger confluence in China going on between social and commerce rather than advertising as in the west

    Jing Daily: Baidu set to shake up China’s online travel market – it will be interestingt to see how this plays with CTrip

    China’s Total Delivery Packages May Reach 9 Billion in 2013 – Total number of China’s annual delivery packages might rank the number one in the world in 2013, according to China Post official data.

    Social commerce, the influence of China and other tech trends for Southeast Asia in 2014 – The Next Web

    Security

    US BACKDOORED our satellites, claim UAE • The Register – which will adversely affect US technology sales

    Software

    Closing Windows: Microsoft and its platforms are nowhere to be found at CES | The Verge – the margins are hollowed out so third parties aren’t pushing it, just look at the performance of HP as an example

    First prescription-only app – may mean that other apps currently on the stores aimed at physicians will be forced to retrofit a similar mechanism

    Technology

    Gartner: PC shipments slip 6.9% to 82.6m units in Q4, as 2013 sees the worst yearly decline in history (Emil Protalinski/The Next Web) – the seventh consecutive quarter of decline

    CES Booth Battle: Intel and Qualcomm Wary Neighbors – Barrons.com – Intel’s booth looks cooler due to the lighting on it

    Wireless

    ZTE shows off its own Project Ara alternative, Eco-Mobius – interesting idea from ZTE

    Price wars in China hitting Samsung – race to the bottom in the marketplace

    Apple’s mobile sales in Europe grow in strength | City A.M.

  • LED light bulbs go mainstream

    Whilst LED lamps and torches have dominated outdoor and camping sales for a few years, LED light bulbs seem to have only come into their own in the UK during the past 12 months or so.

    I had left the UK at the end of 2012 and kept a keen eye open to what had changed when I came back. At the time of my leaving, lighting was all about compact fluorescent bulbs in the UK.

    Now less than two years later LED light bulbs have been carving out a niche. They are on sale alongside compact fluorescent bulbs at a not too dissimilar price in both the large ASDA and Tesco stores that I visited.

    Their power consumption is seen as a key attribute by my parents when they bought bulbs. Fliament light bulbs had a lifespan of 1,000 hours if you were lucky and substantial power consumption. I remember from the time I was a small child, pretty much all the ceiling lights in our house were fluorescent tubes that lasted ten times as long and consumed only between one sixth to one quarter of the electricity needed for the equivalent filament bulb.

    Thats one of the reasons why people were obsessed with making sure lights were turned off when no one was in the room even for a minute.

    Compact versions of fluorescent lights seemed to become popular in the early 1990s and really took off when the helical compact bulbs came on the market, a light source with all the benefits of the filament bulb, but cheaper to run and lasting ten times longer.

    LED lightbulbs last 10 times longer than the fluorescent light bulb and consume even less power.

    The main barrier to my parents talking them up was if they would be colder looking than their fluorescent counterparts. That need not be the case. More technology related content here.

  • 2014: just where is it all going?

    You can read about how I got on last year here. This year’s aka 2014 predictions in no particular order:

    Amazon won’t do drone delivery in 2014 –  The reasons for this are many. Drones are limited by payload, to ability to land, the amount of energy they can hold for flight time and piloting. It is no small feat to fly a single drone let alone a parcel carrying fleet of them. Secondly, what do you do if the recipient isn’t at the landing zone? And we haven’t addressed ill-defined regulatory issues.

    Small data – at the end of last year I ended up speaking to a retailer who wanted to do something with their customer database. Looking at it was underwhelming. Just over 200 customer records with only a fraction of them having email addresses. This was an extreme example, a large part of their problem was that data acquisition was done through the till, whilst customers would be paying for goods. Retail staff would then be torn between dealing with customer queues and trying to capture customer data.  Hadoop is now bandied around like it is a common tool when in reality it only benefits the largest data sets. 2014 could benefit from a renewed focus on delivering value by sorting out the small data first.

    Offline to online integration – companies like cini.me, Verifone and Brightmove media for cinema and taxi advertising respectively are symptomatic of a wider move that integrates online and offline media. The holy grail would be a multi-channel customer journey with correct levels of attribution of sales. We are starting to get there with the right context data sets: location-based weather forecasts, geo-fencing and Apple’s iBeacon

    Algorithmic display advertising – Greater cross-media integration would require a greater degree of sophistication in media buying, moving towards algorithm-driven purchases within a real-time scenario. The challenges will be in ensuring artwork is appropriate, rendering formats, transmission; building algorithmic models themselves and demonstrating advertising effectiveness sufficiently well.

    Mobile display advertising gets a radical reduction in formats – I had been looking at the different advertising options on mobile platforms and page takeovers seemed to make the most sense, which begged the question why have other inventory options. I suspect that other advertisers may take a similar stance.

    Content marketing on OTT platforms – at the moment OTT platforms like WeChat are used predominantly as electronic direct marketing pushing out regular promotions or coupons to the audience. But the platforms also the opportunity to measure the impact of storytelling by weaving the platform into a multi-channel programme alongside video and websites. For the right brands special edition stickers offer an opportunity as well.

    Chinese technology brands will finally be successful outside China – Xiaomi’s vertically integrated model of hardware, software and services is looking to expand outside of China to reach a larger Southeast Asian audience. CyanogenMod-based smartphones provide other manufacturers to follow a similar model. Oppo’s N1 was recently launched CyanogenMod edition phone gained Google certification, paving the way for other integrated offering like Xiaomi, so expect software and service innovation.   Tencent’s WeChat will break through, based firstly on foreign brands looking to engage with Chinese consumers within and outside the country – expect a bridgehead to be built by the hospitality industry.

    Privacy issues won’t change much with consumers – Whilst legislators may wring their hands and engineers build new products consumers won’t do much mainly because of inertia and a sense that it’s just way things are. Don’t believe me? Case in point, how many people do you know have moved their bank account, despite the UK government legislating that can now be done with just one form?

    Technology company workers are the new bankers – protests in Oakland over Google commuter buses, technology sites giving Hello-esque coverage of staff canteens and luxury office and East London warping into something similar to Notting Hill a couple of decades ago, coupled with a growing army of working poor is going to create a heady mix of jealousy and the inevitable backlash similar to the student bashing that used to go on in Leeds. Expect some Hoxton twits to get twatted.

    The rise of immersion – From the Oculus Rift glasses to a creative agency in Argentina using haptic technology to allow fathers to share with mothers how their child is developing as part of a marketing campaign for a babycare brand – immersive technologies are once more on the ascendancy for the first time since the mid-1990s.

    Machine learning will threaten to disrupt programming – The current most popular computer science course at Stanford is machine learning, Qualcomm is looking to make machine learning based processors in 2014, this will disrupt computer programming and the schemas created by programmers across a wide range of applications from enterprise processes and workflows to consumer services like search. Whilst this won’t develop commercial applications in anger in 2014, developers may start to develop distinctly luddite tendencies.

    A race to the bottom will bring out hyper-competition in mobile semiconductor suppliers will kick off in 2014 – players like Qualcomm will come under price pressure from the likes of MediaTek and Spreadtrum who will provide high-quality and performance silicon at bargain basement prices to match the needs of Chinese OEMs living on razor-thin margins. Expect new operating systems and web services to take advances of these high performance bargain basement price devices.