“Variations on the digital challenger bank model championed in Europe are spreading globally with new entrants targeting niche customer pain points. Collectively this year, startups in our market map have raised over $1.7B in venture capital.”
via CB Insights
“There are several reasons why ‘smart city’ technologies rarely address the most important challenges of low and medium-income cities. For one, the overwhelming focus of the first generation of smart city vendors was on wealthy cities in mature economies.”
According to the latest worldwide market study by Juniper Research, retail spending at new frictionless payment stores — such as Amazon Go — will increase from an estimated $253 million in 2018 to over $45 billion by 2023.
Since 2010, the smartphone landscape has changed beyond recognition. Unit sales have exploded, growing from 297 million to over 1.5 billion today, and squabbles over market share have been replaced by the ascendancy of two powerful platforms. The winner: an open source OS.
“Blitzscaling is what we call both the general framework and the specific techniques that allow companies to achieve massive scale at incredible speed. If you’re growing at a rate that is so much faster than your competitors that it makes you feel uncomfortable, then hold on tight, you might be blitzscaling!”
According to IDC’s new Worldwide Semiannual Blockchain Spending Guide, Europe will be the second-largest investor in blockchain technologies, with a compound annual growth rate (CAGR) of 80.2% for 2017–2022, closing the gap with the U.S., the biggest blockchain investor.