Digital Digest Banner

Duval Union Consulting – Digital Digest

On a weekly basis we’ll highlight 4 articles that caught our attention while doing our research. We’ll show you key events or trends in the digital world that you shouldn’t have missed this week. All articles were gathered and processed in our Trendbase tool.

How Sephora built a beauty empire to survive the retail apocalypse

How Sephora Built A Beauty Empire To Survive The Retail Apocalypse

Imagine walking into a cosmetics store with racks of makeup, shelves of perfumes, aisles of every beauty product imaginable — but you can’t touch any of it.

Thanks to Sephora, beauty shoppers no longer have to face this scenario. Founded in 1970 by Frenchman Dominique Mandonnaud, Sephora pioneered the concept of try-before-you-buy for cosmetics, which has been widely replicated across beauty retail.

And during a time where the retail sector is struggling — with almost 7,000 stores closing in the US in 2017 — Sephora is flourishing. In terms of beauty sales, it is the No. 1 specialty beauty retailer in the world.

Read more about how this is happening here

Amazon is showing healthcare is the next big thing for machine learning

Amazon is Showing Healthcare is the Next Big Thing for Machine Learning

Amazon will save Healthcare industry $Billions via machine learning algo that extracts key data from patient records?—?it’s an EMR revolution by AI.

Amazon has had a health innovation stealth unit called 1492 for quite some time. We’re slowly starting to understand how sweeping its changes are going to be.

Recently we learned how Amazon will reportedly sell software that reads medical records. With ballooning healthcare costs anticipated in the next two decades globally, AI at the services of healthcare will be extremely important. It appears Amazon’s newest service uses machine learning to extract medical data from patient records.

Read more about using machine learning in healthcare here

Report: Morgan Stanley lands coveted Uber IPO role

Report: Morgan Stanley lands coveted Uber IPO role

Uber has reportedly picked Morgan Stanley to lead its upcoming initial public offering, news of which became public last week when the ride-hailing giant filed confidentially with the U.S. Securities and Exchange Commission for an IPO expected in the first quarter of 2019.

Uber’s choice, first reported by Bloomberg, comes after a months-long bidding war, of sorts, between Morgan Stanley and Goldman Sachs. The pair of investment banks presented IPO plans to Uber this fall, in hopes of landing the top underwriting spot in what will be one of the largest stock market debuts to date. Morgan Stanley, having won the battle, can expect to receive a large portion of the fees that come with an IPO.

Read more about Uber and its upcoming IPO here

Soon, you can buy a VW online in Belgium

D’Ieteren, the Belgian importer of the Volkswagen Group, has unveiled plans to sell cars online. The new online platform is expected to be ready for next year’s Brussels Motor Show in January.

In a first stage, the new sales model will be used for Volkswagen brand vehicles, both stock cars and made-to-order cars. The cars will not be offered by D’Ieteren directly but instead by its dealer network that will define variants, trim levels and options.

Read more about the initiative here

About Trendbase

Trendbase LogoAll trends were gathered and processed in Trendbase. Trendbase is a tool that helps you to gather and categorize industry trends, identify those trends and add context to them and to share that knowledge within your organization to inspire and educate people.

We are new-style management consultants focusing on transforming and growing organizations in a digital-first world with offices in Europe and the Middle East. New-style? Co-created business strategy, custom-made transformation trajectories and actual experienced business advisors are only some of our differentiators and why clients love to work with us. We design the future of your business together.