Levi Strauss began trading on the New York Stock Exchange this morning under the ticker symbol ‘LEVI.’ By mid-afternoon, the stock was at $22.66, substantially higher than the price offered to institutional investors. It’s clear that investors believe that Levi’s can leverage technology and innovation to successfully compete online and in brick and mortar stores.
“You will see the continuous expansion over the next year into many different categories,” says Rent the Runway CEO Jennifer Hyman. “Anything that you do not use every single day, we want to make it fiscally irresponsible for someone to not have a subscription to Rent the Runway. We’re trying to build the Amazon Prime of rental.”
You can begin now to conceive of robotic manufacturing that is always on and always connected via 5G networks, says Randall Stephenson, CEO of AT&T Inc. “Just to put this into perspective, the Internet of Things, with today’s networks in a square mile you can connect a thousand, two thousand, or possibly three thousand of those. In a 5G world, you can connect millions of those in a square mile.”
Google CEO Sundar Pichai unveiled their Stadia game streaming platform at the 2019 Game Developers Conference in San Fransisco today. Stadia is designed to bring high-end gaming to Chrome and other devices and aims to eliminate the many barriers to gaming.
Everything you do in the company drives you toward the vision and the mission of the brand and the company itself, says Jan Bednar, Founder & CEO of ShipMonk. We really see with our customers that once they like our brand and they see what we are doing they become part of it.
5G is really going to become the fabric of connectivity around the world, says Affirmed Networks CEO Hassan Ahmed. “The whole world is getting smarter,” he noted. “5G really brings blazingly fast internet access, new entertainment like virtual reality, and massive connectivity in cities to create smart cities.
“It’s still really early days,” says Amazon Web Services CEO Andy Jassy speaking about the cloud. “Sometimes we remind ourselves that even though it’s a $30 billion revenue run rate business growing 45 percent year-over-year, it’s the early stages of enterprise and public sector adoption in the US. Outside the US they’re 12 to 36 months behind depending on the country and industry.”
Salesforce co-CEO Marc Benioff says that every company is becoming a B2B2C company. “Every B2B company and B2C company is becoming a B2B2C company,” says Benioff. “What company does not have to directly connect with the consumer? You could be a traditional industrial company who’s selling to B2B resellers and you have to be ready in this connected digital revolution to be able to connect directly to your consumer as well.”
We have done a study and we believe that by 2022 there will be over 400 million 5G connections, says Cisco CEO Chuck Robbins. “This is one of those great examples where the reality is going to match the hype building up to this. By 2022 the amount of new traffic created in that year will exceed all traffic that has ever been created since the inception of the internet.”
“Autonomous driving is coming no matter what,” says Says SoftBank CEO Masayoshi Son. SoftBank is Uber’s largest shareholder. “That’s the destiny of where technology is going to drive us,” he added. “When autonomous driving comes the cost of providing the service will dramatically get more efficient.”