Fintech, meet Foodtech

Markets are easily distracted by Fintech news. Just the other day, I found myself meandering around the internet researching a series of Fintech acquisitions that amounted to fewer than $8M in 2021 sales to a single-billion-dollar shrinking dinosaur. I woke up mid-webpage with a major déjà vu headache wondering how many times we were going to read that very same story before we learned to save ourselves the time and the trouble. (The Highlander already knows the way these things ultimately work). Okay, to be fair, and as Yum Brands knows, like their progenitor PepsiCo who spun them off, there’s usually at least two–right, Coca Cola? But there’s never 100, let alone 1000, let alone 10,000 in a market, like there are estimated Fintech startups these days. But when a giant like Yum! (over $17B in digital sales last year) makes an enabling technology play by buying a company or two or three, it’s time to take notice. Just this month, Yum! purchased Kvantum and Tictuk. The first inkling I had that Yum! was poised to go places was when Massachusetts restaurants became allowed once again to offer takeout last summer, and the line of cars for the takeout windows […]

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Research Agenda: Finance Research Practice 2021

Companies have benefitted from rapid deployment of cloud-based ERP. “Customization” once delayed legacy implementations, but now “Low/No Code” environments enable personalization and better adaptation to unique business requirements. As AI, IoT, and other acronym-rich trends increase the pace of change, rapid system updates and increased leverage of available capabilities become more and more valuable. Putting predictive, intelligent, and mobile capabilities into the hands of front-line resources will further increase the payoff. The Financials and ERP practice at 3Sixty Insights plans to explore these and other themes over the next 12 months: Concrete vs. Abstract Finance: A New Way for Organizations to Look at ERP Seeing Through the Haze: Where is Real Value in the Cloud? Data vs Information: The Rise of Analytics Enterprise Structure vs Line-of-Business Initiatives: Achieving Balance in Location of Power By the Glass or By the Bottle? It’s Not Just What You Buy, But Also How You Buy It By the Glass or By the Bottle Continued: Subscriptions Change Sellers As Much As Buyers How Technology Is Changing: ERP is Dead – Long Live ERP Transformation via Integration: It’s All Connected View and download the full agenda here: 3Sixty Insights – 2021 Finance Practice Research Agenda

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News of the New World | Move Over Bitcoin—Robux Rising

Since Hewlett and Packard first redefined the garage, billionaire new-tech superstars have taken on a succession of cultural fixtures. The vaunted Sears and Roebuck catalog is now Amazon. Both Encyclopedia Britannica and Rand McNally are now Google. And everything from town criers to daily newspapers is now found on Twitter, Facebook, and the like. One similarity among these cultural sea changers is that they’re continually pushing the “real world” ever towards a digital doppelganger. Deeply in that spirit, David Baszucki joins Hewlett, Packard, Gates, Jobs, Bezos, Page, Brin, Zuckerberg, Dorsey, Musk, et al. etc. ad infinitum in the pantheon of new-tech billionaires. But where predecessors have repeatedly erased real-world institutions and interactions, Baszucki’s Roblox is firmly embracing them in an entirely new way. Not your father’s gaming platform Fortnite merged building and playing with a strong social component, but Roblox takes that concept well beyond where Epic Games left it. Baszucki has combined everything from software development, (not just game development), to virtual currency and digital asset distribution, to subscription-based gaming and an active and flexible social media platform, and audaciously declared the arrival of the “metaverse”. Wall Street has enthusiastically agreed. What this means to business not-as-usual The game […]

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What do Kings of Leon, Jack Dorsey, and Sumner Redstone share in common?

Intellectual Property (IP), like music and video content, intersects with Software as a Service (SaaS) in every meaningful way. It’s fascinating to see so many threads knitting themselves together in the headlines from one single week. News about FinTech companies, like Jack Dorsey’s Square, is generally limited to the business section. In contrast, music streaming services, like Jay-Z’s Tidal, are everywhere but. Yet there is Jay-Z’s picture all over the Wall Street Journal. The Venn Diagram of those two worlds is usually like peering through a giant pair of blurry binoculars. So what are we really looking at, anyway? To gain clearer focus, we’ll need first to pan out and check in with Rolling Stone—and the latest on Kings of Leon’s recent album release. (Seriously!) I’ve heard IT folks mention NFT’s before (“Non-Fungible Tokens”) but until this week I never paid attention. Turns out, digital media, from music to software to streaming video, presents a commercial challenge—no matter how valuable it is, it’s still too easy for people to copy. Years ago, Sony tried built-in “DRM” (“Digital Rights Management”) algorithms, but they never quite worked the way they should. Movie studios got Congress and the FBI involved, creating staggeringly large […]

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