Industry Insights

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Media File

IBM executives lay out new growth strategy

5 March, 2015

Once known mainly for hardware and servers, American technology giant IBM is shifting towards emerging, high-margin businesses. At the company’s annual investor meeting, held recently in New York, executives outlined an aggressive plan targeting $40 billion in annual revenue from areas such as cloud computing, big data, security software, analytics, mobile and social, which IBM calls its "strategic imperatives", by 2018.

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For telecoms, new rules and opportunities

3 March, 2015

New rules reclassifying broadband as a more heavily regulated “telecommunications service” rather than a lightly regulated "information service" have stoked tensions between US cable and telecom companies and net neutrality advocates. The FCC now has more authority to oversee deals between internet providers and content providers on behalf of consumers and competitors; however telecoms will be allowed to prioritise certain types of data.

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Luring tech talent out of tech

1 March, 2015

As more and more gadgets, cars and household items connect to the Internet of Things, the competition for tech talent is intensifying, both within and outside the tech industry. A range of sectors, from consumer products to financial services, must now compete with Silicon Valley for software developers and engineers. In this war for talent, hiring managers would be well advised to adopt techniques used by technology companies to recruit top talent.

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CEO search gets underway at Adidas

26 February, 2015

German sportswear company Adidas has launched an executive search to replace Chief Executive Herbert Hainer. Hainer has been at the helm of the world's second-largest sportswear group since 2001, making him the longest-serving CEO of a German blue-chip company. He joined Adidas in 1987 and rapidly rose through the ranks; however he has come under criticism of late, as Adidas has fallen behind US rival Nike.

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Yahoo adds Fortune editor to its ranks

24 February, 2015

Yahoo announced that Andrew Serwer, former editor of Fortune magazine, has joined Yahoo Finance, the company's financial news website, as Editor in Chief. Under Chief Executive Marissa Mayer, Yahoo has been working to build up its editorial offerings in recent years. The relatively new CEO is hoping to curb a decline in Yahoo's ad sales in part by turning the company into a media outlet, offering a variety of digital magazines.

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