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H.E.R.O.’s Journey in Tech (8 March 2019) – RPA is shifting from ‘dumb automation’ to business value creation: Infosys + Why Wall Street is betting on business software

H.E.R.O.’s Journey in Tech (8 March 2019) – RPA is shifting from ‘dumb automation’ to business value creation: Infosys + Why Wall Street is betting on business software

Companies

  • Alibaba-backed e-commerce KOL facilitator Ruhnn aims to raise $200m via US IPO (KRA)
  • The end of gas-powered cars is sending this Japanese spark plug maker to the moon (qz)
  • Nintendo to smartphone game makers: You can only gouge our players so much (ATN)
  • Spy fears spread to power cords, driving shift from China; Taiwan server suppliers move off mainland at US customers’ request (Nikkei)
  • Machine tool demand to rebound in May, says Hiwin chairman (Digitimes)
  • The City of Pueblo outfits their police, fire and public works with Getac devices (PO)
  • RPA is shifting from ‘dumb automation’ to business value creation: Infosys (Forbes)
  • Appen 1,000+ Seat Facility in the Philippines Achieves ISO 27001 Accreditation for Secure Collection and Annotation of AI Datasets (BW)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Samsung, Softbank

  • Bytedance launches external search in Jinri Toutiao, creeps into Baidu territory (Technode); Robin Li Down $2.4 Billion In A Year As Baidu Faces Tougher Competition (Forbes)
  • AlipayHK gained 2 million users and 50,000 merchants its first year (Technode)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Why did Facebook lose an estimated 15 million users in the past two years? (MW)
  • Mark Zuckerberg on Facebook’s future and what scares him most (Wired)
  • Amazon abruptly stopped buying goods from third-party sellers (qz)
  • Amazon won’t spin-off Amazon Web Services (FT)
  • Watch out, Alexa. Artificial voices are starting to sound just like humans (CNN)
  • 8 Reasons Why Apple Won’t Buy Netflix (Medium)

Asia Tech & Innovation Trends

  • Chinese AI companies brace for winter as technology and market face bottleneck (Technode)
  • Bytedance planning a Slack rival for international markets (Technode)
  • KFC Owner Defies China Slowdown With AI Menus and Robot Servers (Bloomberg)
  • Chinese pig farms are using AI solutions to fatten profits (KRA)

Global Tech & Innovation Trends

  • Why Wall Street is betting on business software; Investors hope that fast-growing but mainly lossmaking apps can become essential office tools; ServiceNow, Atlassian, Salesforce, Shopify and Workday are among the biggest ‘software as a s service’ businesses (FT)
  • Brodmann17 nabs $11M for its automotive computer vision tech that runs on any CPU (TC)
  • Machine learning is helping unsigned artists make Spotify pay; Usually only artists that are already quite successful can access an advance on royalties, but Swedish startup Amuse wants to help level the playing field (Wired)
  • Airbnb To Buy HotelTonight As It Pushes Deeper Into Hotel Booking Business (Forbes)
  • S. Telehealth Startups Offer Cures To Healthcare Challenges (CB)
  • Cloud Computing Storms Ahead (EE Times)
  • Trade Desk CEO Talks Growth, Asia, and Advertising in a New Age (Barron’s)
  • How Munchery’s high hopes led to its decline and fall (FastCo)
  • Would you rent pillows and blankets? Rent the Runway is betting on it (FastCo)

Life

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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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