The big news of the day.
— LinkedIn (@LinkedIn) June 13, 2016
The updated 2016 Marketing Technology Landscape has been released. It’s a monumental collection of solutions and companies active in MarTech.
Interesting enough, this year landscape is about 3,874 marketing technology solutions (!) which is approximately 87% growth over last year. That’s really amazing when you consider how large the landscape was last year already. The Landscape Supergraphic listed 150 solutions in 2011, about 350 in 2012, about 1000 in 2014 and 2000 in 2015.
The top 5 largest categories, by number of solutions included, are:
One thing is certain though: marketing technology is a fascinating space.
Interesting piece summarizing Global 2015 M&As, with very cool visuals. Short extract below.
This year, global mergers and acquisition volumes have surged to a new record level, with the total value of announced transactions climbing to $4.6tn, compared with $4.3tn eight years ago, according to Thomson Reuters data.
Wilhelm Schulz, head of M&A at Citigroup for Europe, Middle East and Africa, said it would be harder to replicate the level of activity seen in the US in 2015, after deal values rose 64 per cent year on year, to $2.3tn, according to Thomson Reuters data. However, he noted the Emea region remained well below its 2007 peak and was likely to see some growth.
Full post, here, via FT.com.
Because of my personal and professional habits I have been exposed to the sharing economy and its services, since the beginning. I have been using Uber in London, Paris and Milan; I have been watched airbnb, I have investigated other apps and services (the new parking apps).
Uber, my first experience and attempt to understand more. I am still using the service and I have been watching the protests raised all over the globe, so close to me, in Milan, Paris, now London in a few days, against the new service. Change always brings pain, and Uber represents change. And it’s not just Uber: there is a new plethora of smart-phone apps that will bring a driver to your door in a few minutes. All tentative of resistances from old European super-regulated lobbies – taxies are just the most visible example – won’t change their fate. As Archie Bland commented, on his article on the Independent few days ago:
Uber argument that the regulation of most taxi markets is based on a model that smartphones have made irrelevant, seems credible. And it’s hard to escape the feeling that whatever bumps may be in the road, Uber is an idea that has fundamentally changed things, and that sooner or later, the black cab as we know it will be extinct.
It’s would be smarter, at this stage, to fight and compete on the same ground instead of preparing to fight useless battles.
Uber could be killed so easily from a so massive quantity of cabbies in London and taxis in Paris and Milan, re-adapting and using its same technology weapon, and making advantage of a better presence in the territory and a competitive price. But taxi drivers have chosen to fight using old tactics and weapons: strikes and protests. They are not focusing on customer satisfaction and benefits. They are instead putting all efforts in a desperate defence of their old (even if regulated by local laws) privileges.
At the very end, I am aware about Uber’s premium price but I am too aware about his tremendous efficiency. And I make my choice based on two main criteria: the ubiquitous use of credit cards, and the easy-to-use app with its stylish info-maps.
Only one cab over 6-7 (I’m personally making this statistic) accepts credit cards in London. Some of them state to accept cards and then apparently discover that the machine doesn’t work, once at destination. Same situation in Milan, where at least radio-taxis are starting to be equipped with card machines – emails and apps still represent the future.
It’s not just Uber. Still Mr. Bland on the subject:
They all (sharing services, my note) propose to remove the middle man, but even that’s sort of old hat: eBay and the like have been doing it for years. What’s new is the promise to exploit spare capacity with a structure that means that anyone can be a business (…). This is happening; it’s unstoppable. I guess the sharing economy, or a version of it, became inevitable from the moment that Steve Jobs presented the first iPhone.
When I asked one of Europe’s most influential economic policy makers recently whether the euro crisis really is over, he replied: “No, it’s just moving from the periphery to the core.” The argument is that while worries about Portugal, Greece, Ireland and Spain have become less acute, concerns about Italy and even France should actually be rising. The statistics for Italy, in particular, are shocking. Since the onset of the crisis in 2008, Italy has lost 25 per cent of its industrial capacity and the real level of unemployment is now, according to senior Italian officials, about 15 per cent. Italy’s scope for economic stimulus is limited by EU rules and by the fact that the country’s ratio of debt to gross domestic product is now more than 130 per cent. France’s economic statistics are less bleak but unemployment is still in double digits and the national debt is creeping up to the symbolic level of 100 per cent of GDP.
Walking in Milan and getting around doesn’t give me the perception of a city re-born after a 7-years long economic depression. I still see shops closing in areas where it was unthinkable to shut down until a few years ago (BAires). Shops in the centre are half-empty during once busy weekends. Food stores relentlessly lower prices, and it’s not uncommon to see food-related billboards and adverts in town promoting best prices ever. I no longer have to reserve a table at restaurants in most of the once busiest districts – Tortona, Garibaldi, Ticinese. The Milanese movida seems to be definitely over.
Media write about the end of the Italian economic recession. The benefits of the coming EXPO are on the mouth of all (optimistic?) friends I’m talking to. Eataly and few other bold entrepreneurs still invest here; and the openings gain pages and pages on local press. Which I voraciously read, hoping to find real signs of change.
Nevertheless, this is not what my eyes see when I spend some time in town. Milan’s life is not even comparable with towns I am used to visit. London. Dubai. New York the last. It never was. But the gap seems unbridgeable today. It’s like the once economic capital of Bel Paese is slowly descending into Dante’s inferno.
And while I am writing these notes, I just hope to be wrong and to be the only one in town not recognising the so bright signs of a new rise. Because I love this city. I love it so much.
Jeremy Warner on the Telegraph puts things in the right perspective in his latest article on the Telegraph.
Yet there is one region which seems, perversely, to be drawing comfort from the latest turn of events – the eurozone. For the high priests of the single currency, the renewed travails of Argentina and Turkey seem to vindicate all they have been trying to do. Countries that fail to engage in adequate supply-side reform, and instead constantly attempt to devalue and inflate their way out of trouble, only doom themselves to repeated economic failure. Contrast this with the eurozone, they say, where the single currency forces member states to address the underlying causes of their afflictions. The easy option of devaluation is denied
Europe offers nothing in the way of solutions, just grinding, destructive austerity, which has inflicted seemingly permanent economic damage on once proud nations. Only growing labour migration prevents a more serious form of what economists call hysteresis – the loss of skills, and therefore economic potential, associated with prolonged periods of high unemployment.
One thing the crisis has succeeded in doing, however, is dramatically cutting wages in affected economies. If clobbering people’s standard of living counts as policy success, then Europe is setting new standards, never mind that reduced nominal wages only further increase the size of the debt overhang, making countries even more prone to future financial trouble. Unable any longer to afford its own goods and services, Europe instead dumps its excess production on the rest of the world and calls it progress.
The full article is here.