Last quarter, Microsoft (Nasdaq:MSFT) announced serious management changes, with CEO Steve Ballmer announcing plans to retire by next year. Meanwhile, the company is doing a surprisingly successful job at pivoting itself to a “devices and services” organization from a software-focused one. The company reported a stellar quarter, surpassing market expectations and reaffirming faith in its
Shopper Trak’s holiday projections peg sales during this season to grow 2.4%, the slowest since 2009. These disconcerting holiday shopping sales forecasts may have dampened e-tailer eBay’s spirits. But it will take more than possible bad news to stop Amazon’s rapid growth. The e-tailer continues to surpass market expectations and remains upbeat about the upcoming
According to IDC research, the $1.6 trillion life sciences industry spent more than $44 billion in technology investments in 2012. Of this figure, $28 billion was spent on software and services, and $16 billion was spent on infrastructure. As in other industries, cloud computing is also seeing strong adoption within the life sciences industry.
Netflix has been experiencing a remarkable year. The company’s subscriber base surpassed HBO’s subscriber base in the U.S. for the first time, and stock prices have soared more than 400% since the beginning of the year. International expansion is continuing at a strong pace as well. According to NPD Group, Netflix accounted for 89% of
Recent reports released by Shopper Trak don’t offer a positive outlook for retailers this holiday season. According to the report, holiday sales this season will grow 2.4%, recording the slowest growth since 2009. The downturn in spending is already visible in other metrics. According to a comScore tracker, e-commerce sales in the US grew 13%
According to eMarketer’s latest report, Google remained the leader in U.S. online advertising last year, with 41% of the market. Google is also a clear leader in mobile advertising and accounted for 53% of the mobile ad market last year. The researcher expects Google’s share to reduce marginally over the next few years to 50.6%
Ad agency ZenithOptimedia estimates global ad spending to grow 3.5% this year to $503 billion driven by an increase in digital ad spending. The US remains the largest ad market, with an estimated $109.7 billion in spending. Within the country, digital ads will account for 21.8% of ad spending, compared with 19% a year ago.
According to eMarketer’s latest report, digital ad spending in the US is expected to grow 15% over the year to $42.26 billion this year. Digital advertising will account for 25% of total media ad spending this year. Digital ad spending is projected to grow to $61.35 billion by 2017. This growth in spending is attributed