Technology

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  • New
    August 6, 2020

    The New Era of Voice Commerce: Be in It to Win It

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    The rise of voice technology is transforming the way we consume information and make purchases, giving customers the option to engage in a hands-free and seamless shopping experience.  
  • New
    August 4, 2020

    Too big to derail – Facebook unmoved by its advertiser boyc [...]

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    Facebook grew revenues by 11% in Q2. This rate is higher than investors expected, but still driven to record lows by the pandemic slowdown. It forecasts 10% growth in Q3  
    Sector .
  • June 18, 2020

    Insurtech White Paper Part III: Segments and Players in the Austr [...]

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    This report is the final report in a series by Venture Insights on the disruption in Insurtech, following on from reports on the global landscape and aspects of the Australian landscape.
  • June 16, 2020

    Australian Consumer Behavioural Survey – 2020 Part 3: Opportuni [...]

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    This survey report on working from home is the third of three reports based on a behavioural change survey conducted by Venture Insights and commissioned by NBN Co (completed 28th April 2020). The aim of the survey was to understand how new needs due to COVID-19 had changed consumer broadband and technology usage.
  • June 11, 2020

    Mobile churn and buying behaviour of Australian consumers

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    Venture Insights performs an annual consumer survey on mobile service and handset purchases across Australia. It asks questions around willingness to pay, intentions to switch service providers and handsets, and key factors responsible for this switching. We also ask which service provider the respondents are switching to, and thus determine the service providers that will gain or lose from this churn. Our latest survey was conducted in March 2020 for Australia, and the key findings have been presented here. In this report, the term MVNO includes resellers such as Belong, Boost, Lebara and Virgin Mobile that are subsidiaries of MNOs or owned by them.
  • June 2, 2020

    Australian Consumer Behavioural Survey – 2020 Part 2: Emerging [...]

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    This survey report on working from home is the second of three reports based on a behavioural change survey conducted by Venture Insights and commissioned by NBN Co (completed 28th April 2020).
  • May 27, 2020

    Australian Consumer Behavioural Survey – 2020 Part 1: Working [...]

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    This survey report on working from home is the first of three reports based on a behavioural change survey conducted by Venture Insights and commissioned by NBN Co (completed 28th April 2020).
  • May 14, 2020

    Global advertising platforms playing a long game in retail, payme [...]

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    This report is the first of several that will look at the way global platforms are change affecting traditional markets for business and consumer services. This first report provides an overview of their longer-term strategies, and a SWOT analysis of their current position.
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  • May 8, 2020

    Amazon Q1 2020 results – Profit growth takes a back seat

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    Amazon reported $75bn in net sales, which was largely in line with expectations, and 28% growth in Prime subscription revenue—as Amazon now has more than 150 million Prime subscribers worldwide—cementing its place as the irreplaceable utility for many in lockdown  
    Sector .
  • May 7, 2020

    Mobile payments – Australia mobile payments steadily grow, as c [...]

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    Payment services have been subjected to significant disruption in recent years. Traditional barriers to entry and enabling new entrants to take on financial services firms by unbundling their product suite and offering superior products and customer experiences. Incumbent payments providers, principally banks, have responded by launching new online payment services. At the same time, new entrants have exploited the prevalence of smartphones to offer their own app-based payment services.
  • April 29, 2020

    Unpacking Facebook’s Deal with Reliance Jio Platforms

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    The day opened with the news of Facebook’s mega-investment into Jio Platforms, a wholly-owned subsidiary of Reliance Industries Limited (RIL). For the princely sum of $5.7 billion, or roughly INR 43,000 crores, Facebook will acquire a 9.9% stake in Jio Platforms at an enterprise valuation (EV) of roughly $65 billion.
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  • March 19, 2020

    Mobile payments – billion dollar opportunity in New Zealand to [...]

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    Payments has emerged as one of the key areas of disruption. The shift from physical to electronic payments has seen an ever-expanding range of payment methods replacing cash. From mobile banking and contactless cards to phone payments and bespoke apps, the payment landscape is undergoing a quiet revolution.
    Sector .
  • March 13, 2020

    Gaming’s mainstream decade – Five defining themes for the [...]

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    2020 promises a year of transition for the games industry: eSports and games broadcasting are competing with traditional programming; game streaming services are becoming meaningful platform competition; and new consoles are on the way
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    March 12, 2020

    GDPR after Brexit – UK citizens must keep protections

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    Oliver Dowden, Secretary of State (SoS) for Digital, Culture, Media and Sport addressed the Media & Telecoms 2020 & Beyond Conference on 5 March. There was much to be encouraged by in his speech—he reiterated the importance of public service broadcasting, and the positive potential of technology.
  • March 9, 2020

    Webscale Playbook: Apple

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    Apple has come far since its inception in 1976. It has progressed from selling user-friendly computer systems (Macintosh, iMac) and portable media players (iPod), to become a dominant force in mobile devices, starting with the launch of iPhone in 2007. In August 2018 it became the first-ever public company to breach the US$1 trillion mark by market capitalization. In fact it is the ‘iPhone’, touted as the pioneer of the smartphone revolution, that has significantly helped Apple in its journey to trillion-dollar valuation. The popular device, which dethroned the likes of Nokia and Blackberry back then, continues to be Apple’s bread and butter, and accounts for more than half of its overall revenues (54.7% in FY2019).

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  • February 25, 2020

    Insurtech White Paper Part II: Australian Insurtech Market Overvi [...]

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    This is the second of three reports in Venture Insights’ series on Insurtech, following on from our discussion of trends in global insurtech.
  • February 10, 2020

    Webscale Playbook: Facebook

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    Facebook has grown through leaps and bounds since its inception 15 years ago, to currently become the world’s most popular social networking company with 2.3B monthly active users. When Facebook launched in February 2004, several other social networks such as Friendster (2002), MySpace (2003), and Orkut (Jan 2004) were already in the fray, triggering notions that Facebook would meet a similar fate as its peers – some of which are now defunct or are dying a slow death. Further uncertainties creeped in with its IPO going bust in 2012, reflecting doubts over its long-term worth. Fast-forward to 2019 and Facebook now has a market capitalization of over US$540B+, US$58.7B in annualized revenues at the end of 1Q19, and has become a force in advertising to reckon with, just after Google in the US.

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  • January 29, 2020

    Insurtech White Paper Part I: Global Insurtech Trends

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    This is the first of three reports in Venture Insights’ series on Insurtech trends and development locally and globally. The term ‘insurtech’ is a combination of ‘insurance’ and ‘technology’, inspired by the term ‘fintech’. Insurance is a notoriously slow-moving industry, with high barriers to entry, complex business models and stringent regulatory requirements; it has lagged consumer tech and even other financial services in updating its offerings and technology stacks. However, the ‘insurtech revolution’ has been seen as a potential challenge to that complacency.
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    January 28, 2020

    Signs of life in UK property market: Property portals and classif [...]

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    This is the first of three reports on the classified verticals of property, autos and jobs. This section describes the overarching transition from Digital 2.0 to Digital 3.0 business models (see next page), then turning to trends for specialist property media in 2019 and 2020.
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  • January 23, 2020

    Can’t spell Media without AI – AI in Media and Video Consumpt [...]

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    Australians love their video content, but as the infamously high piracy of Game of Thrones has gone to show, we don’t like to pay ridiculous amounts for our weekly fix. New entrants in the video market have heeded the call for more affordable content in Australia with the launch of multiple SVOD services in recent years, including the recent announcement of the Disney+ November 2019 launch in Australia. However, overall market growth has been – and will continue to be – relatively stagnant as SVOD replaces incumbent video entertainment platforms.
  • Smart Home
    Smart Home
    December 17, 2019

    The rise of smart homes in Australia – we are only getting star [...]

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    In the past few years, there’s been a rapid increase in the use of home automation devices and technologies across the world. The mass adoption of connected devices and the rise of Internet of Things (IoT) has led to the rise of the Smart Home market which offers consumers interconnected and improved access to a range of services. In August 2019, Venture Insights conducted a consumer survey focussing on electricity, solar energy, batteries, smart homes, electric vehicles and climate change in the Australian market. In this report, we present the key insights drawn from the smart home section of the survey and discuss the current state of the smart home market in Australia, key drivers for future growth, the ideal ecosystem provider and the scope for bundled services.

  • December 13, 2019

    Cybercrime as a Service: Six critical questions every business mu [...]

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    The rising costs of cybercrime are driven by an increase in online devices, more cyberattacks and the growing sophistication of cybercriminals and their toolkits
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    December 6, 2019

    IoT Growth and Cyber Security

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    The Internet of Things represents a significant and growing target area for cyber criminals. Individuals, businesses and governments need to include IoT related cyber risks in their security controls and plans.

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  • November 25, 2019

    Cybercrime – The Upside

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    Market disruption caused by cybercrime and continued technology growth has created a range of market opportunities for cybersecurity. Cybersecurity education, managed services, insurance and innovative cyber start-ups are all strong areas of growth in the Australian market.