Hot off the press: "The State of OKRs - Global Enterprise Report"

#1 | SaaS and cloud shares remain strong

Disappointing earnings reports from software giants Box and Salesforce barely moved the value of SaaS stocks as a whole. In fact, cloud and SaaS stocks are almost at all-time highs with companies that comprise the BVP Nasdaq Emerging Cloud Index now worth ten times their revenue. This is an impressive figure and an encouraging signal to startups active in this industry. Read more here: http://bit.ly/2VHlT8D  http://http://bit.ly/2NMPPNO

#2 | MoviePass adjusts its business model after a rough year

The popular movie ticket subscription service MoviePass had a rough 2018 and was forced to rethink its business model. The new strategic reorientation the company opted for will prioritize business relations among MoviePass subscription service, MoviePass Films production business, and Moviefone multimedia media information and advertising service. In essence, the goal is to extract more revenue from the existing ecosystem and reduce dependence on studios and exhibitors. Also, MoviePass will focus more on producing original movies. However, it will have to step up its game and avoid debacles like Gotti movie that made $4.3 million against a $10 million budget. Read more here:   https://tcrn.ch/2tWOhHP    http://bit.ly/2EHQETT

#3 | Hidden risks faced by Instagram-based businesses

A growing number of artists, chefs, drop-shippers, and various other small businesses use Instagram as their only sales channel. After all, users’ engagement with brands on Instagram is ten times higher than on Facebook and 54 times than on Pinterest. But this business model leaves companies exposed to sudden changes in the algorithms that decide what one billion users see on their Instagram feed. Startups like LittleThings and Viddy are just a few examples of many companies that took a hard hit once social media giants tweak their algorithms. Basing the entire business on Instagram is clearly a risky approach at best. Read more here:    http://bit.ly/2VINfeu    http://bit.ly/2EXA7gd

#4 | Microsoft opens cloud data centers in Africa

Tech giants are increasingly investing in Africa lured by the continent’s prospects for economic growth and the ever-expanding Internet access. Microsoft recently opened two cloud computing data centers in Cape Town and Johannesburg, South Africa. Amazon is also planning to open an AWS data center in Cape Town in 2020, while Huawei’s cloud computing facility in Johannesburg is already operational. Also, Google runs an A.I. research center in Ghana. Investments in cloud data centers help local startups to more easily establish corporate infrastructure, build apps, and scale their business. Read more here: http://bit.ly/2VKBgNE  http://bit.ly/2ETzWT0

#5 | Samsung developing two new foldable phones

Samsung is reportedly developing two new foldable smartphones one of which is a clamshell-like device. The other is similar to Huawei’s Mate X and it folds away from the user. The vertically folding phone that might have an extra screen on the outside is set to be unveiled in late 2019 or early 2020. The out-folding phone will be released after that, and Samsung is also considering incorporating in-display fingerprint sensors in foldable phones. Read more here:  http://bit.ly/2Tqg6Yr http://bit.ly/2XI4vCi







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