New tech companies could struggle in the UK phone market 10th December 2018

New research into smartphone innovation has discovered that brand loyalty is at an all-time high for consumers, with 66% only buying from brands they’ve heard of. The study, conducted by UK mobile app developers Tappable, asked UK consumers for their thoughts on which is the most important when buying a new phone - a recognised brand or innovative technology.

The elevator Market will likely surpass $130bn by 2025. Elevators are one of the major transit mediums which facilitates urban flow by transporting goods and population vertically within a building. Hence, advancements in the construction industry would augment the growth in global lift market. 

The 50-year partnership between Conrad and ESKA was initiated in 1968 by Werner Conrad (the grandfather of the current managing director) and Erich Schweizer (father of the current managing director), and started originally with a range of about 100 different fuses. Since then, the partnership has developed across both generations and time.

In 2019, we won’t see more a significant increase in the number data scientists. Instead, we’ll see people who don’t strictly work with data incorporate elements of data science into their existing job roles. Recently, JPMorgan Chase announced that it is putting hundreds of new investment bankers and asset managers through mandatory coding lessons.

For the first time ever there will be a start-up area at the embedded world, which will take place at Exhibition Centre Nuremberg from 26th to 28th February 2019. The special presentation area at the heart of the trade fair offers young companies from the embedded technology sector an opportunity to present themselves to the international embedded community.

Disregarding a potential buffeting from Brexit and tariff wars, industry association ecsn/AFDEC is forecasting the UK and Ireland distribution market will grow 5.9% to £1.47bn in 2019, representing 44% of the Components Total Available Market (TAM) of £3.28bn.

Transcription service providers convert live or recorded audio speech into a written or electronic text document - a service that was predominantly used by journalists and medical professionals, until recently more and more industries started taking advantage of saving hours of manually transcribing audio to text. Education, business,TV/video, marketing, publishing and even social media industries began enlisting professional transcription tools and services as means of time saving and accuracy.

Anodot, the autonomous analytics company, and professional services firm, Deloitte Australia, have just announced a strategic alliance to help companies supercharge their real-time analytics capabilities. Deloitte will use Anodot’s AI/ML solution to expand its consulting analytics and cognitive practice’s portfolio of AI-powered service offerings.