Amazon announced that it has opened its first full grocery store - "Amazon Go Grocery" - that utilizes its cashierless checkout technology. Most interesting to us is that Amazon plans to license its "Go" technology to other retailers - effectively creating an Operating System for physical retail. Amazon opened its first Go Grocery store location … Continue reading Amazon’s “Go” Technology – Retail’s New OS
Google parent company Alphabet (tkr: GOOG) needs to acquire Walmart (tkr: WMT) to better compete with Amazon (tkr: AMZN) and to reverse the negative trend in Google's core search advertising business. While arch nemesis Amazon continues to make strides in retail (Amazon.com, Amazon Go, Key, Prime, Wholefoods), Google’s retail path has not been quite so … Continue reading Google Needs to Acquire Walmart
Disintermediation Defined Disintermediation is when one party inserts itself between an interested party and its customers (see below table of “disintermediators” and “disintermediatees”). Ironically, parties that suffer disintermediation often invite it upon themselves. Google Disintermediates Yelp and OpenTable For the past several years Yelp restaurant reviews appeared on Google business listings (this appears to have … Continue reading Don’t Be Disintermediated
Human Capital is Key “It’s people! Soylent Green is people!” shouted Charlton Heston’s Robert Thorn in 1973’s Soylent Green. Fast forward 45 years and people remain central to the process. Although the process we refer to isn’t recycled human foodstuff but rather the global economy where Intellectual Capital provides economic sustenance and Human Capital is … Continue reading It’s People! It’s People!
It’s fun to speculate. What if Google parent company Alphabet were to acquire Walmart in an effort to better compete with Amazon? One of the advantages that Amazon has in an AI-driven world is a fully integrated retail experience. Amazon customers may speak buy orders into their Alexa-powered smart device - “re-order paper towels” - … Continue reading What if Alphabet Were to Acquire Walmart in an Effort to Better Compete with Amazon?Premium
Amazon's straight-through-processing ("STP") retail experience provides the company with an edge vs. Google in the AI war: Visual output from our Amazon Alexa query - "Buy Amazon Echo": Consumers may execute the purchase transaction with one or two instructions. This is true for millions of products sold via Amazon's retail platform. Amazon provides consumers with … Continue reading Amazon’s Retail Experience Provides the Company with an Edge vs. Google in the AI War.
A conversation with Jonathan Maietta and Jeff Conroy - Chief Scientist at Authentix: