There’s no denying it – music has gone digital in Denmark. According to recent market data, digital accounted for 82% of total music revenues in the country during the first half of 2014. The key driver of this huge share is streaming services. The format accounted for 63% of music company revenues from recorded music in Denmark.
KPMG recently surveyed 768 technology business leaders to identify the emerging or disruptive technologies and barriers to the adoption of tech innovation. Cloud Computing and Mobile continue to be major forces of technological change, with the convergence of these two powerhouses enabling innovation and new business models.
Programmatic TV advertising is still in its infancy due to limited buyer and seller adoption and lack of standardization of technology and infrastructure. Though it accounts for less than 1% of all TV ad spending, some predict it could be a multi-billion dollar industry within 12 to 24 months, according to eMarketer.
“This shift in monthly data quota provides an opportunity for mobile operators to actually revise their pricing strategy,” said Lian Jye Su at ABI Research. This change is being reflected in an average increase of 11.31 percent in the monthly tariff in the top 20 markets.
The high price of cable pay-TV packages in the United States is justified in part by the huge number of channels they include. This model operates under a system where popular channels are bundled with a host of less popular ones. The new alternative is a low-cost on-demand OTT video subscription service, such as Netflix or Hulu.
Spending on robots worldwide is expected to more than quadruple from just over $15 billion four years ago to about $67 billion by 2025 — that’s a 10.4 percent compound annual growth rate since 2010, according to the latest BCG study.