According to a market research report released last year, World GPS Market Forecast to 2013, from 2011-2013 the shipment of global positioning system (GPS) devices is projected to grow at more than 20% to 900 million units. Growth is fueled by technology convergence that is enabling GPS services in smartphones and other consumer electronics such
Many analysts believe that the future of e-commerce retail lies in flash sale shopping. The model was pioneered by Vente Privee in Europe and has gradually been adopted by e-commerce players worldwide. In a flash sale, an e-retailer offers products at big discounts for a limited time and at limited quantities. According to Experian Hitwise,
Last December, LivingSocial raised $176 million in a round of funding that pegged their valuation at $6 billion. Investors included Lightspeed Ventures, Amazon, and possibly JP Morgan Digital Growth Fund. Despite the injection of money, I maintain my skepticism about their outlandish valuations. The recently revealed Amazon results, which cite LivingSocial’s performance, do little to change
According to a survey by Harris Interactive, 87% of American adults are interested in learning about their family histories. Researchers have also notices that the majority of genealogy website users are women aged 45 or older. Further, a Bank of America report found that of the 9 million Internet users who identified genealogy as their
Social networking giant Facebook finally filed their much-anticipated S-1 in February 2012. Analysts believe that the stock will probably list next month. Facebook’s IPO will list on the Nasdaq under the ticker FB and is expected to raise $5 billion, pegging the company’s valuation at more than $100 billion. That would make their IPO the
Analysts estimate that global e-commerce revenues will grow from $316 billion in 2010 to $653 billion by 2015. Further, they estimate that the market for cloud-enabled e-commerce platform services will grow 21% annually from 2010-2015 to reach $11.3 billion, from $4.3 billion estimated in 2010. Counting on this growth, e-commerce platform services provider Demandware recently made
According to research firm Information Services Group, for the quarter ended December 2011 markets saw strong growth in global outsourcing contracts. The total contract value (TCV) of contracts executed during the period grew 7% over the year to $26.4 billion. Growth was led by deals in the business process outsourcing (BPO) space and in the
According to a comScore report, 2012 U.S. Digital Future in Focus, in 2011, 4.8 trillion display ad impressions were delivered across the web in the U.S. as brand advertisers shifted to digital marketing. The report says that large brand advertisers continued to invest in digital advertising last year. In the quarter ended December 2011, the