Online retailer Amazon announced its intent to acquire video-based doorbell product provider Ring for a reported sum of $1 billion. The obvious question is why Amazon would be willing to invest such a considerable sum in a doorbell provider. The likely answer has a lot to do with the next iterations of online last-mile customer fulfillment along with the leveraging of Internet of Things enabled home and apartment devices.
Service-centered Supply Chains
The parent of the largest global ocean container shipping line, A.P. Moeller Maersk has reported Q4-2017 and full-year 2017 financial performance. The global firm’s CEO characterized 2017 as “an unusual and eventful year” and lamented to business media that global ocean container shipping rates are still too low.
Amazon reported what has been widely reported as a blowout financial and operational performance for the all-important December-ending quarter. These latest results are impressive in many dimensions and add to the perception of a retail juggernaut in both online, and now physical store presence.
The National Retail Federation’s Annual Conference, NRF 2018, kicks-off this weekend and runs until Tuesday. Unlike last year, this year’s gathering should provide a far more optimistic perspective regarding the future of retail from a merchandising, online technology, and supply chain capability perspective.
This analyst recently became aware of some rather innovative IoT focused technology, spawned from Oracle’s Startup Cloud Accelerator investment program. The technology from 3DSignals utilizes sounds to predict operational performance.