Sramana Mitra: What else is interesting in terms of what’s happening in your industry? This is an old industry that innovates very slowly. Steven Pavlovsky: Yes, that is absolutely true in terms of where our industry has been. We’re in the process of launching a new control platform that has both control aspects and traditional
SM: What percentage of your clients are mobile clients? CR: I would say the mobile phone platforms drive about 60% of our revenue base, 65%. SM: What about media? CR: Media is about 15%. One thing about our company is we only deal with larger media companies. So, it’s a model we’ve perfected over the
By Sramana Mitra and guest author Shaloo Shalini SM: What percentage of books today are being sold by Amazon and online retailers? PW: I couldn’t tell you off the top of my head, but I know that it more than tripled in a year in terms of our share. Well, we have a very small
By Sramana Mitra and guest author Shaloo Shalini SM: Interesting! Assembling your own books – how are you doing that? What is the workflow for a teacher to assembling his or her own book? PW: This for us is very new. What we do is have a consultant come in and work with teachers to
By Sramana Mitra and guest author Shaloo Shalini SM: I see. That actually gives me a good segway into one of the most important discussions in your industry today, or at least the way the greater technology world hears about your industry, which is the movement of textbooks to e-books and the rise of the
According to MasterCard Advisors’ SpendingPulse, online spending grew 18% over the year in March, outpacing the growth rate of traditional brick-and-mortar stores. Online retailers Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) also saw significant growth in their revenues. Amazon’s stock touched a record high, and recent quarter results surpassed market expectations, recording double-digit revenue and earnings growth. But the company
Apple (NASDAQ:AAPL) reported another strong quarter this week driven by a whopping 131% increase in iPhone shipments and a 33% increase in Mac sales. Apple started shipping its latest innovation, the iPad, on April 3 after the close of its first quarter and is already expected to have sold more than 500,000 units of the
By guest author Nalini Kumar Muppala Retailers such as Target have recently started accepting coupons from smartphones. However, in much of the Western world one still has to make in-store electronic payments with a plastic card. Consumers in advanced mobile markets such as Japan and South Korea routinely pay using their phones.