These companies will need to develop new consumer-marketing capabilities and consumer IT on a large scale for instance, advanced Web capabilities, insurance exchange connectors and customer relationship management (CRM) systems.
R&D's goal is to increase profits, and in that sector, that means one of two things: developing new consumer tech (the newest iPhone), or development new internal tech to allow tasks to become more cheaply automated, which means both cutting costs and shedding workers.
A brilliant chemist, Mr. Masci worked for Johnson & Johnson for 40 years, developing new consumer and medical products and procedures.
With the new funding in tow, PlayHaven CEO Andy Yang said that the startup will be looking to invest aggressively in new markets, particularly in Europe and Asia, along with developing new consumer insights features (read: analytics) that will move PlayHaven along in its quest to become a "player lifecycle management" platform.
The company said it planned to grow by developing new consumer-product brands to take advantage of its distribution network in the rural villages, where most of India's one billion people live.
Hyundai may be readying an improved fuel cell Tucson with better range, Toyota has said it's working on a hydrogen-powered commercial truck, and BMW and Daimler are each developing new consumer-oriented fuel cell vehicles.
The new business, which will be launched in October, aims to develop new mobile consumer brands and to become a long-term global competitor.In normal times, Ericsson's deal might have looked like the only piece of good news on an otherwise miserable day.
POSITION AS TO FUTURE PROCEEDINGS ON REMEDY In its proposed final judgment, the government has asked the Court to break Microsoft up and then actively regulate the two resulting companies, impairing their ability to develop new products for consumers in the highly competitive software industry.
Jorn Lambert, Group Head, Emerging Payments, Europe, MasterCard Worldwide, said the trial aims to develop new ways for consumers to pay for goods and services.
Chesson, his partner, said that in areas like healthcare, progress from startups has been "remarkable" while he sees "great opportunities" to develop new kinds of consumer-centric brands in e-commerce, both B2C and B2B.
