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Industry Dynamics

Microsoft Acquires Mobile BI Vendor Datazen

Microsoft has purchased cross-platform, mobile business-intelligence vendor Datazen Software, a Toronto-based company, for an undisclosed amount. Toronto-based Datazen provides data visualization and key performance indicator data on Windows, iOS and Android devices. Microsoft is touting the acquisition as accelerating its Power BI self-service business-intelligence strategy.  Datazen was founded in 2002 as ComponentArt – a developer tools vendor that built UI ... Read More »

RBI to Issue Licenses of Small Banks and Payments Banks

The Reserve Bank of India has received 72 applications for small finance banks and 41 for payments banks The Reserve Bank of India (RBI) is processing about 100 applications for small finance banks and payments banks and might issue licenses in a few months. “We are processing them (applications) and hope to issue licenses to fit-and-proper applicants in a few ... Read More »

Harte Hanks Announces the Sale of Its B2B Research Businesses

Harte Hanks announced it has entered into a definitive agreement to sell its B2B research businesses, Aberdeen Group and Harte Hanks Market Intelligence, to subsidiaries of Halyard Capital.  The company intends to use the proceeds from the transaction to support its strategic development.  Aberdeen Group and Harte Hanks Market Intelligence represented less than 5% of Harte Hanks’ total 2014 revenues.  The ... Read More »

LinkedIn Escapes US$5 million Class Action Lawsuit over Data Breach

A $5 million class action lawsuit over LinkedIn data breach dismissed.  A US judge ruled:  Any damage done to LinkedIn users over the massive June 2012 data breach was abstract, not actual.  Thus did a $5 million class-action lawsuit against the networking site get dismissed, before the case ever breathed the air of a court trial.   The breach resulted in the compromise of 6.5 ... Read More »

In-Store Analytics Alliance for Nielsen

Nielsen has announced a strategic alliance with RetailNext, which provides in-store analytics for bricks-and-mortar retailers. Nielsen becomes RetailNext’s preferred channel for its service, which uses cameras and mobile tech to track shopper activities. This technology will now be combined with Nielsen’s sales performance, promotion, pricing, merchandising and assortment information, helping clients to understand what shopper behavior means for them and ... Read More »

China P2P Online Lending: Regulation will be Crucial for Success

According to Chi Guan Jianzhong, president of the Chinese ratings agency Dagong Global, China is currently going through a quiet crisis: Many Internet-based money lenders (P2P platforms) are sinking, along with the funds they owe to their creditors.  The crisis may last into the middle of the year and incur a total loss of 100 billion yuan ($16 billion) to ... Read More »

Country Risk Climates:  Trends to Keep an Eye On

Denmark – from the top to the bottom for the krone; Hong Kong – battling to defend the USD peg; Morocco – a rebased basket link for the dirham; Singapore –better-than-expected numbers; Tanzania – the international donor group resumes aid; Turkey – vulnerabilities come to the surface. AUSTRALIA:  The Reserve Bank is letting another month go by without changing interest ... Read More »

Rakuten to Accept Bitcoin on Global Marketplaces

Bitnet payment processing provides enhanced security, privacy, and convenience – Rakuten, Inc. announced that it plans to enable customers to choose bitcoin as a payment option by integrating Bitnet’s payment processing platform on a number of its marketplaces. The Internet services giant will begin accepting the new payment method first on Rakuten.com in the US, to be followed by Rakuten.de ... Read More »

NeoGrid Partners with Nielsen in LatAm Supply Chain Partnership

Software and services provider NeoGrid has partnered with Nielsen to launch two new products for the Latin American supply chain market.  NeoGrid provides supply chain management (SCM) solutions, to help manufacturers and retailers balance inventory and minimize out-of-stocks. The partnership combines Nielsen’s expertise in consumer data analysis with NeoGrid’s SCM to develop two solutions: ‘Supply Chain Insights’ and ‘Supply Chain ... Read More »

China’s E-commerce Market up 31% in 2014

According to the latest data published by the China E-Commerce Research Center (CECRC), China’s e-commerce market grew by 31.4% in 2014 to reach a total market value of US$2.2 trillion. In particular, online B2B trading grew 21.9% year-on-year and accounted for around US$1.6 trillion – close to 75% of the total. Online B2C trade reached US$450 billion and was up by 50% ... Read More »

Google: EU Competition Commissioner Starts Antitrust Investigation

The European Union’s competition commissioner, Margrethe Vestager, accused Google of distorting Internet search results and began an antitrust investigation into its Android mobile operating system. Margrethe Vestager accused Google of using its dominance as a search engine to “artificially” skew results that favor its own shopping service, to the detriment of rivals. “Dominant companies have a responsibility not to abuse ... Read More »

Accenture Information Systems & Technology (IS&T) to ‘Move Mountains of Ore’ at Rio Tinto

Rio Tinto, a global diversified mining company, will move to a ground breaking information systems and technology (IS&T) delivery model, partnering with Accenture (NYSE: ACN) to shape and deliver the transformation.  The new model will migrate core enterprise IS&T systems to an “As-a-Service” solution based in the cloud. It also incorporates consumption based pricing to ensure costs are fully flexible ... Read More »

Country Risk Climates: Trends to Keep an Eye On

Jamaica – new investment laws & regulations in the making; Turkey – the lira’s depreciation hurts companies carrying FX debt; Uzbekistan – a steep drop of the sum; Vietnam – the economy continues to do well. ARMENIA:  The country has been painfully sideswiped by the troubles besetting the Russian economy, having just joined the Moscow-led EEU. Strategic reasons persuaded Yerevan ... Read More »

Europatent Sale May be Imminent

BIIA reported in two previous posts that Europatent had entered insolvency proceedings.  Password, Germany reported recently that the insolvency proceedings are still ongoing, however persistent rumors indicate that a sale of the company may be imminent.  The former general manager of Europatent, Gottschalk has moved to Palma de Mallorca, Spain and opened a new business in consulting.  The insolvency administrator has ... Read More »