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How drones will change the world in the next 5 years

drone hardware market 1

The fast-growing global drone industry has not sat back waiting for government policy to be hammered out before pouring investment and effort into opening up this all-new hardware and computing market. 

A growing ecosystem of drone software and hardware vendors is already catering to a long list of clients in agriculture, land management, energy, and construction. Many of the vendors are smallish private companies and startups — although large defense-focused companies and industrial conglomerates are beginning to invest in drone technology, too. 

In a report from BI Intelligence, we take a deep dive into the various levels of the growing global industry for commercial drones, or unmanned aerial vehicles (UAVs). This report provides forecasts for the business opportunity in commercial drone technology, looks at advances and persistent barriers, highlights the top business-to-business markets in terms of applications and end users, and provides an exclusive list of dozens of notable companies already active in the space. Finally, it digs into the current state of US regulation of commercial drones, recently upended by the issuing of the Federal Aviation Administration’s draft rules for commercial drone flights. Few people know that many companies are already authorized to fly small drones commercially under a US government “exemption” program. 

Drones Report Cover

Here are some of the key takeaways from the report:

  • We project revenues form drones sales to top $12 billion in 2021, up form just over $8 billion last year.
  • Shipments of consumer drones will more than quadruple over the next five years, fueled by increasing price competition and new technologies that make flying drones easier for beginners.
  • Growth in the enterprise sector will outpace the consumer sector in both shipments and revenues as regulations open up new use cases in the US and EU, the two biggest potential markets for enterprise drones.
  • Technologies like geo-fencing and collision avoidance will make flying drones safer and make regulators feel more comfortable with larger numbers of drones taking to the skies.
  • Right now FAA regulations have limited commercial drones to a select few industries and applications like aerial surveying in the agriculture, mining, and oil and gas sectors.
  • The military sector will continue to lead all other sectors in drone spending during our forecast period thanks to the high cost of military drones and the growing number of countries seeking to acquire them.

In full, the report:

  • Compares drone adoption across the consumer, enterprise, and government sectors.
  • Breaks down drone regulations across several key markets and explains how they’ve impacted adoption.
  • Discusses popular use cases for drones in the enterprise sector, as well as nascent use case that are on the rise.
  • Analyzes how different drone manufacturers are trying to differentiate their offerings with better hardware and software components.
  • Explains how drone manufacturers are quickly enabling autonomous flight in their products that will be a major boon for drone adoption.

Simply put, The Drones Report is the only place you can get the full story on the rapidly-evolving world of drones.

To get your copy of this invaluable guide, choose one of these options:

  1. Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
  2. Purchase the report and download it immediately from our research store. >> BUY THE REPORT

The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of the fascinating world of drones.

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10 things in tech you need to know today (SSNLF, AAPL, FB, NFLX)

mark zuckerberg facebook ceo

Good morning! Here’s the technology news you need to know this Wednesday.

1. A judge in South Korea will decide today whether to arrest Samsung boss Jay Y. Lee. It’s an embarrassing scandal for Samsung that could change its succession plan.

2. Morgan Stanley cut its Apple estimate and predicts an iPhone 7 sales slump for 2017. Morgan Stanley believes that Apple will face “weaker iPhone 7 demand” in the coming months.

3. Qualcomm allegedly paid Apple billions of dollars in rebates to use its chips. The deal allegedly included “substantial incentive payments”.

4. Mark Zuckerberg revealed that Facebook paid more than we thought for Oculus VR. Facebook paid an additional $1 billion for Oculus in employee retention packages and goal targets.

5. Apple is about to increase the price of apps in the UK by 25% because of Brexit. An app currently priced at £0.79 will increase to £0.99.

6. Theranos made another major leadership change. The embattled blood-testing company recruited a technology advisory board.

7. Apple’s iPhone battery shutdown issue isn’t going away. A rumour has popped up about Apple launching an iPhone 6 battery replacement program.

8. Facebook is planning to open a startup incubator in Paris. The incubator — known as Startup Garage — will be run out of a new €250 million (£219 million) startup campus called Station F.

9. Apple’s MacBooks could get an internal upgrade this year that doubles the maximum memory. Apple may start making a new 15-inch MacBook Pro that will come with up to 32GB of RAM.

10. Over 100 million people now pay for music streaming, beating the number of Netflix subscribers for the first time. Netflix will announce its Q4 results later today.

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The boss of the world's largest recruiter tells us how Brexit is affecting jobs right now

Alain Dehaze_light1

DAVOS, SWITZERLAND — Britain is steering into a “hard Brexit” — where the UK will leave the European Union without access to the Single Market in exchange for full control over immigration.

It’s likely to have huge ramifications on the jobs market.

This is because this would end the freedom of movement — one of the core components to being an EU member— and therefore make it more onerous for Europeans to be employed in the UK.

Speaking to Business Insider in Davos, Switzerland, Alain Dehaze, CEO of the largest staffing firm in the world Adecco, told us as part of a larger interview how he is seeing Brexit uncertainty impact the UK, especially London, and where clients are cutting back on recruitment.

(This is one part of a larger interview. The second part will be published on Thursday).

Lianna Brinded: Around Europe, freedom of movement has helped bridge the skills gap in different countries — especially Britain in the services sector. How are you viewing the prospect of Brexit right now?

Alain Dehaze: Whatever track the UK government decides to take, I believe it will remain a powerful employer.  Its educational system and employment and protection policies rank amongst the best in Europe.

As does its tradition of business-government and labour-employer cooperation. However, international mobility develops talent and provides people with the skills the global labour market needs, such as problem- and conflict-solving, communication and collaboration. To stay attractive and competitive, the UK should take measures to ensure that skilled talent keeps flowing in and out the country. 

LB: Are you making contingency plans for a “hard Brexit” — which is the most probable outcome at the moment?

AD: We are constantly monitoring the situation of the market, in order to take the necessary measures and adjust our cost base, in case it would be needed. At the moment, there’s very limited visibility and a great deal of uncertainty. We will continue to help our partners and clients navigate the uncertainty and support them with the flexible solutions they need. 

LB: How are your clients viewing it? Some say they are ignoring any potential risks until towards the end of official negotiations.

AD: At the moment, the market situation looks relatively healthy. However, we started seeing some effects of uncertainty, with a slightly lowering rate of high-skilled permanent hires, especially in the London area.

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Mobile data startup Zeotap raises €12M

Zeotap Zeotap, a startup that helps telecom companies sell their data to advertisers, announced today that it has raised €12 million in Series B funding (that’s just under $13 million). Co-founder and Chief Product Officer Projjol Banerjea told me that while there’s “decent data” available for online advertisers targeting desktop users, things are shakier on the mobile… Read More

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Vine shuts off sharing, launches Vine Camera

unvine Vine as we know it is dead. Today Twitter turned off sharing, liking, commenting and revining in Vine, and released its successor, Vine Camera, as an app update on iOS and Android. It has also discontinued the Vine Windows Phone app. For now you can still open the old Vine app if you don’t update, where you can view your old feed and profile, and download your videos. But Twitter confirms… Read More

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HP Enterprise just bought a $1 billion startup for $650 million (HPE)

SimpliVity Doron Kempel

HP Enterprise has bought SimpliVity, a Massachussetts-based storage startup, for $650 million in cash.

At the time of SimpliVity’s last fundraising, in March 2015, the company had declared that it was valued at “more than $1 billion.” All in all, SimpliVity had raised $276 million from investors like Kleiner Perkins, Accel, and Waypoint Capital.

That discounted purchase price is not an encouraging sign for the viability of “unicorn” startups of $1 billion or more. In 2017, companies like Snap, Spotify, and Dropbox will likely have to justify their enormous valuations to Wall Street, and deals like this one will only enhance investor skepticism

SimpliVity competed most directly with Nutanix, a fellow former “unicorn” with a private valuation of $2 billion, that went public in September 2016.

Both companies were racing to make a dent in the market for so-called “hyperconverged” infrastructure, a more cost- efficient way of handling data center-scale server storage that poses a threat to hardware giants like Dell EMC and HP Enterprise. Spending in this market is expected to reach $19 billion by 2018, Gartner predicts.

By buying SimpliVity, HP Enterprise takes the startup’s capabilities and adds it to their own — crucial as the company moves to compete with the combined Dell EMC juggernaut, following the close of their mega-merger. Dell EMC, for its part, has been investing heavily in the market, and resells Nutanix hardware to its customers. Meg Whitman

On a final note, SimpliVity has an interesting background: Founder and CEO Doron Kempel was once part of an elite Israeli special forces unit charged with killing Saddam Hussein, on a failed 1992 mission that resulted in five casualties. Afterwards, Kempel moved to the United States to work for EMC and, later, IBM.

More recently, SimpliVity was tapped as consultants for the most recent season of HBO’s “Silicon Valley,” where they helped the showrunners make sure that Pied Piper’s “beautiful box” was as realistic as possible.

SEE ALSO: HBO’s ‘Silicon Valley’ turned to this startup for maximum authenticity — and things got weird

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Netflix is really bad for DVD sales, according to new research

Reed Hastings at DealBook

Having movies available on Netflix is really bad for DVD sales, according to new academic research.

In 2016, subscription streaming video from the likes of Netflix overtook disc sales for the first time, at $6.2 billion to $5.4 billion. Netflix pays billions to license TV shows and movies, so the rise of subscription video isn’t inherently a bad thing for the movie industry.

But a new academic study, pointed to by TorrentFreak, suggests that having a movie on Netflix can depress DVD sales in a major way.

To try and figure out the effect Netflix has on DVD sales, the researchers looked at a “natural experiment” that took place when Epix, a movie and TV distributor, moved its streaming catalog from Netflix to Hulu, which has a much smaller subscriber base, in 2015.

So what happened? 

“Our difference-in-difference analyses show that the decline in the streaming availability of Epix’s content leads to a 24.7% increase in their DVD sales in the three months after the event,” the paper said.

As soon as its movies got yanked off Netflix, Epix saw a big boost in DVD sales.

The researchers found that the cannibalization effect was “stronger for DVDs released more recently and for movies with better box office performances.” The takeaway here is that licensing a large back catalog of movies to Netflix might not have the same negative effect on sales as giving your marquee new releases up.

These findings might help explain why Netflix’s roster of movies has languished in the past few years. 

Research in 2016 showed that Netflix’s selection of IMDb’s 200 highest-rated movies had gone down in the previous two years by a substantial amount, as had its total catalog of movies. Netflix might be finding that the fees demanded by savvy movie execs, to offset any dip in DVD sales, aren’t worth it, especially when Netflix’s content boss Ted Sarandos says people spend about 1/3 of their time watching movies no matter how good the catalog is.

Another point to note for the DVD market is that the growth of “electronic-sell-through,” which is the digital equivalent to buying a DVD, seems to have stalled. ITunes, and other EST platforms, grew 5.4% in 2016, down from 18% in 2015, and 30% in 2014, according to Digital Entertainment Group (via Variety).

This suggests that the industry shouldn’t look to that revenue to step into any breach in the DVD market, and that the idea of “owning” a movie might be facing its own natural pressure as people get more comfortable with the subscription model.

SEE ALSO: How Apple is taking a page out of the Netflix playbook with its Apple Music strategy

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Wall Street is witnessing a 'third wave of computerization'

The race is on.race hurdles

Across the fund management and retirement industry, legacy fund management companies are partnering with and buying up roboadvisers. 

These automated investment services utilize algorithms to manage and allocate people’s assets. Since they don’t require human beings to operate, they offer much lower fees than traditional advisers while delivering similar returns.

And their rapid growth has disrupted the investment space, forcing well-established financial firms to act. 

The latest example:  John Hancock Financial and NextCapital.

NextCapital, a Chicago-based fintech company, recently announced it would provide John Hancock Financial, a retirement plan provider with $150 billion AuM, a platform that delivers automated financial advice to its nearly 2.7 million 401(k) participants.  The plan will include “portfolio tracking, planning, savings advice and portfolio management.”

Robert Foregger, cofounder of NextCapital, told Business Insider that we are witnessing the “third wave of computerization” in the financial services industry. 

“We have seen the shift from traditional to online banking and traditional to online brokerage,” Foregger said.

“Right now we are transitioning from traditional to digital advice and wealth management for both the 401K and retail markets,” he added.

artificial intelligence robotPeter Gordon, CEO of John Hancock told Business Insider that the joint-venture is a perfect response to recent changes in consumer preferences and a new regulatory environment in which “scalable personal financial advise” is preferred. 

“It marries our institutional knowledge, which is fantastic, with a very clever platform for delivering automated financial advice to investors,” said Gordon. 

It’s the latest in a long line of such deals.

Wells Fargo unveiled a roboadvisor partnership with Arizona-based SigFig in November 2016. That’s the same fintech that partnered with UBS America’s wealth unit in May 2016

Other firms have responded to the growth of roboadvising by simply buying them out. For instance, in 2015 BlackRock acquired FutureAdvisor for an estimated $150 – $200 million and Fidelity picked up eMoney

Those partnerships have helped take assets under management by roboadvisors to new highs. In 2015 global assets under management by roboadvisors stood at a just $100 billion. In 2016 that amount doubled to $200 billion. The estimate for 2017 is $600 billion. And by 2018 AuM is expected to reach $1.5 trillion

SEE ALSO: Charles Schwab is launching another robo advisor

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Announcing “UWPDesktop” NuGet Package Version 14393

The UWPDesktop NuGet package is here to improve the developer experience with Visual Studio when walking along the Desktop Bridge.

The Desktop Bridge allows you to call UWP APIs directly from your WinForms, WPF or VB application. You can use APIs such as Live tiles, notifications, App Services and many more!

Previously, calling UWP APIs from a converted app was a confusing process. You had to find and reference the right .dll or .winmd, and it often wasn’t obvious which one to choose.

For example, to use “await” on UWP types, you had to reference the System.Runtime.WindowsRuntime.dll (c:Program Files (x86)Reference AssembliesMicrosoftFramework.NETCorev4.5
System.Runtime.WindowsRuntime.dll), which was actually from Windows 8.1 and therefore only worked in conjunction with “facadewindows.winmd” (c:Program Files (x86)Windows Kits10UnionMetadataFacadeWindows.WinMD).


AppServiceConnectionStatus status = await connection.OpenAsync();

Confusing, right? The new way is much simpler – just include the latest UWPDesktop NuGet package to your project, and you’re ready to call any supported UWP API without needing additional references.

You have two options for installing the package:

  1. In Visual Studio, right-click on your project, select “Manage NuGet Packages,” and search for and install the UWPDesktop package (as shown in the screenshot below):

  2. Use the Package Manager Console

Install-Package UwpDesktop

Warnings for unsupported UWP APIs

Not all modern APIs can be called directly from your desktop application; for example, you still can’t use XAML or SecondaryTile in your WinForms app. The UWPDesktop NuGet package makes your life easier by raising a warning if you try and call an unsupported API.

For more information and to learn more about the UWPDesktop NuGet package and Desktop Bridge, check out the resources below.

Resources

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Twitter loops all videos under 6.5 seconds as Vine shrivels into a camera

twitter-360 Twitter itself will take Vine’s place as a social network for short videos. To prep for tomorrow’s Vine shutdown and rebirth as Vine Camera, Twitter now automatically loops all videos shorter than 6.5 seconds. That’s not just clips posted from Vine Camera, but any tiny video, including ones saved from other apps like Snapchat. Twitter confirms to me that looping started… Read More

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