“First it was chasing smoke stacks, getting factories to move to your region,” she said. “And now it’s chasing strings of software code, chasing these tech companies. Amazon is playing that game too by saying, ‘who is going to give us the best package?’ In an age where cities and states are starved for resources, often times these efforts at economic development, the costs of tax breaks for the city, will far outweigh whatever benefits come from the?number of jobs created.”
“China is an engine of growth for the region, so none of that is surprising,” she said, adding that “the tariffs will likely accelerate that”. She said that firms considering moving will probably do so because the additional 25 percent tariffs will make it tough for them to compete with subcontractors in other countries not facing tariffs.
“China has been really jumping in as a mobile-first, almost mobile-only type of country,” said Alain Crozier, corporate vice president, chairman and chief executive officer of Microsoft’s Greater China Region. “It means that very quickly they were building very strong applications that were all cloud based.”
“Customers will always be nervous about lock-in, and I think the experience they had particularly with a company like Oracle, where it’s a really hard thing to get out of, and they’re so hostile to their customers, that I think it’s a concern for every enterprise. Almost always when I talk to enterprises about lock-in, that’s the example that they cite. They worry that they’re going to use a platform and suddenly start raising prices — even though we’ve lowered prices on 59 different occasions with no competitive pressure to do so in the last eight years — they’re going to always be sensitive about that, and they should be thoughtful about it. But the reality is it’s so much easier to move from the infrastructure, cloud computing platforms than it is from something like Oracle. The APIs look pretty similar. All the migration services we build allow people to move to us, or away from us, and back on prem, if that’s what they want to do. And the business model is different, where we’re not signing these five- to 10-year unlimited licensing agreements and then finding ways to audit people and keep them in the loop. They can leave whenever they want, and we know we have to earn the business every hour, every day, every week of the year.”
“I also understand how important it is for our government to create an enabling environment to support our businesses and to ensure (their) success,” he added.
“Having a chain of Omini logos, patterned on the ‘back-to-back couple’ and very much liked by consumers, is our DNA,” Zhang says.
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“Amazon Business has now reached a billion annual sales run rate and is serving millions of private and public-sector organizations in eight countries,” said Jeff Bezos, Amazon founder and CEO. “And we’re not slowing down – Amazon Business is adding customers rapidly, including large educational institutions, local governments, and more than half of the Fortune 100. These organizations are choosing Amazon Business because it increases transparency into business spending and streamlines purchasing, with increased control. The team is doing a fantastic job building and innovating for customers.”
“I am not satisfied with Facebook’s disclosure, as they did not report an actual number,” said Lamb. “Just saying men and women are paid equally is not enough. Companies need to be disclosing quantitative data points and the components of compensation included in their analysis. For instance, is Facebook looking at bonus and equity pay as well? Their current disclosure does not answer that question.”
“Estimates are, autonomous vehicles will be here in five to seven years and when fully implemented, 20 million Americans will lose their jobs overnight,” Durkan said. “Good paying jobs. Jobs that support families. What happened in the Rust Belt — Michigan and car manufacturers — will be nothing compared to what happens just from that one kind of technology.”
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