Manhattan Research estimates that 72% of doctors in the country currently own smartphones. This number is projected to rise to 80% by 2012. The research also estimates that among physicians, the smartphone is primarily used to look up prescription drug information at the point of patient care. The growing demand of mobile-based services is driving
A few years ago, I covered the women-focused distributed media network, Glam Media, and asked if Glam could do more than just create a seat for itself at the fashion table. Recently, the company has been rumored to be readying their IPO plans, suggesting that they are truly “A Vertical Ad Network Powerhouse.”
The U.S. printed greeting card market is expected to be worth $12 billion, of which a mere 5% is estimated to be transacted via the Web. The country’s stationery market is estimated to be worth $7 billion to $7.5 billion with 2% of the market’s transactions being conducted over the Web. These low Internet penetration
According to market estimates, sales of new DVDs fell 20% over the year in 2009. Total spending on home entertainment, which includes DVD and Blu-ray rentals and sales, together with electronic downloading, fell 10% to $4.7 billion for the year. Researchers estimate that the consumers are shifting from the purchase of DVDs to an online
During the previous quarter, Accenture’s strong market practices helped them to establish a solid presence in the global market. Not only are they winning big contracts worldwide, but they are also being given numerous accolades. Last week, Standards & Poor’s announced plans to add Accenture to the S&P 500 Index starting July. Last month, the
Flash sales sites shot to attention after a spate of acquisitions announced over the past few months. Earlier this year, Nordstrom bought HauteLook for $270 million. Last year end, e-tailing giant Amazon also ventured into the market when it bought the members-only site BuyVIP for $96.5 million. The global market in luxury flash sales is led by
The EDA players believe that the current year will bring growth for their industry. According to Snyopsys’ management, the outlook for semiconductors is at upper-single-digit growth this year. Industry analysts also expect a CAGR of 9%-11% over the next five years. Besides growth, the industry also believes that the “time-to-market” pressure is back on account of the
Founded by David Karp in New York City in 2007, tumblr is a micro-blogging platform that has re-envisioned the interface of traditional blogging by aggregating posts from different blogs and giving them a fun visual navigation through quick, mixed-media posts. Tumblr has simplified the effort required in sites like WordPress for blog creation and also