MarketLine Blog

Posts about Innovation

Behind the Digital Iron Curtain: Rise of Chinese Silicon Valley

MarketLine

After a long period of rapid, double digit growth, the Chinese economy entered a more sustainable phase of development, based on innovation and consumption. Given the large population of 1.3 billion in China, the explosive growth of smartphone users, e-commerce, and online content consumption and creation led to a digital revolution in almost all industries and business sectors. While the Chinese Communist Party is trying to match its social control in the real world with the virtual world, which becomes more and more restrictive, the country’s internet is thriving and… Read more

The Sky is the Limit: How Uber’s dominance of a market allows it to chase next-gen dreams

MarketLine

Uber released financial data to Bloomberg on April 14, 2017, something it is in no way obliged to do. The image it presented was one of rapid growth and expansion, skyrocketing revenues and incredible levels of spending. One would hope to see this level of performance; private investment in the company has grown consistently since its launch in 2009 as UberCab, generating nearly $10bn from investment firms since then, and it has managed to spend more than $8bn investing in its own growth. Private investment growth will need to continue… Read more

Selfie generation: Refashioning make-up market

MarketLine

The global make-up industry grew by a record 8.4% in 2016 and was the main growth driver for the cosmetics market worldwide. The range of make-up products is endless, and some product categories, in particular those highly popular with the generation of Millennials, (i.e. concealers, illuminating highlighters, lipsticks) are booming. These hyper-connected customers are young, have a strong purchasing power, new ideas about beauty, and are also very keen to spend money on beauty products. While clothing and department stores are increasingly closing their physical locations, not being able to… Read more

Namibia: NEEEF is not the solution. New policy would be bad for the economy

MarketLine

NEEEF is not the policy the Namibian economy requires at present. Businesses, however big or small, would be required to be at least 25% owned by people described as ‘disadvantaged persons’ and occupy half of board and management positions. The suggested legislation appears to be an effort towards what amounts to forced redistribution of wealth and has similarities with the land redistribution attempted in Zimbabwe. Ownership is not the only target: spending and investment would be subject to new controls too. Problems regarding implementation are legion. Given approximately 40% of… Read more

LiDAR self-driving technology. A case of calculated theft?

MarketLine

Google and Uber started off as friends with Google parent Alphabet investing $258m in Uber in 2013. They then became competitors, as Uber started experimenting with its fleet of self-driving cars in 2016. Finally, in 2017, both companies ended as adversaries in court, engaging in a bitter legal fight to control the future of transportation. The suit details the lengths Waymo goes to in order to protect its trade secrets, including purchasing LiDAR components from numerous vendors and completing assembly in-house to prevent any single vendor from knowing everything about… Read more

Brexit and Trump’s disastrous effect on science

MarketLine

2016 has been a rollercoaster of a year with regards to political incidences. With the UK voting in favor of leaving the EU in June 2016 and then a follow up of the US voting for President-elect Donald Trump in November of the same year, this has led to a degree of uncertainty in the scientific field. With funding at the forefront of scientific research and the advancement of scientific breakthroughs, the future has been thrown into turmoil as the individuals working in both countries, the US and the UK,… Read more

Block Chain Tech The DAO becomes the largest crowd funding campaign in history

MarketLine

Block Chain technology is seen as the key breakthrough which allowed the development of Bitcoin, the enormously successful cryptocurrency. The Block Chain stands as proof of all the transactions on the network and the block is the live part of a Block Chain which records all of the recent transactions. When completed the individual block goes into the Block Chain as permanent database or ledger. Each block is arranged properly in chronological order and connected to the block next to it. Looking at the banking system for instance, this would… Read more

The dichotomy between H&M’s fast fashion business model and sustainable cotton

MarketLine

H&M is a fashion retailer with over 4,000 stores in 61 markets worldwide. The adoption of the fast fashion business model has been key to the company’s huge expansion since 2000. Fast fashion has a four to six week turnaround, much quicker than traditional collections which were released two to four times per year. As a result, clothing is more on-trend but it also more throwaway. The production of clothing has a huge environmental impact, particularly in the case of cotton. Cotton uses a huge amount of fertilizers and pesticides… Read more

Self-driving to the future

MarketLine

The line between the auto and tech industries is rapidly blurring, with the pursuit of autonomous driving and a shift from car ownership towards car sharing and ride sharing. China is widely viewed as the next frontier for growth and many market players are looking to establish a foothold in this country, which requires significant investment. To keep up with changing market trends, most major auto makers are investing in their own driverless-car technology, which is less costly if done in cooperation with high-tech companies, like Google or Apple. The… Read more

VR: Virtual insanity is what we’re living in

MarketLine

In June 2012, Oculus VR, LLC was founded. Based in California, US, it was formed as a virtual reality technology company, and launched a Kickstarter campaign to fund development of their proposed virtual reality headset device. The company announced that backers who pledged $300 or more would be “rewarded” with the first development release of the headset, which was shipped to them in March 2013 (although the original date was December 2012). The intended amount Oculus wanted to raise was $250,000, but ended up raising over $2.4 million. Thus began… Read more

Airline seating patent demonstrates the importance of innovation to the future of passenger air transport

MarketLine

The recent filing of a patent by French manufacturing group Zodiac Aerospace for an innovative high density seating solution for single aisle passenger aircraft has caused a stir in the industry. By configuring the seats into an offset facing pattern, the space between seats is claimed to increase by 15%, offering each passenger an additional 10cm of available leg room. While the introduction of the seating is likely to be some way off, such innovation is indicative of the how the industry as a whole is seeking to meet the… Read more