R2D2's blog

R2D2 on God, 42, the Universe and everything else


(via Business Insider)

bii freq of bank visits10.23.15 1BI Intelligence

The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.

More millennials are moving toward digital banking, and as a result, they’re walking into their banks’ traditional brick-and-mortar branches less often than ever before.

This generation accounts for the greatest share of the U.S. population at 26% and the employed population at 34%, so it’s easy to see why their behaviors and preferences will have a profound effect on the future of the banking industry, particularly with regard to the way banks interact with their customers.

Third parties are expanding their role in providing services that consumers use to manage their money. And the more that role grows, the more it will disrupt the relationship between banks and their customers.

To paint a clearer picture of the future of the banking industry, John Heggestuen, managing research analyst at BI Intelligence, Business Insider’s premium research service, surveyed 1,500 banked millennials (ages 18-34) on their banking behaviors and preferences — from their preferred banking devices, to what banking actions they perform on those devices, to how often they perform them.

All of that rigorous research led to an essential… Continue reading

(via VentureBeat)

VB WEBINAR: Celtra, the data-driven ad platform for two-thirds of the Fortune 500, processes over 2 billion analytics events daily. Join Celtra Director of Engineering and Analytics Grega Kešpre as he shares hard-won insights about harnessing the cloud to deliver a world-class data processing pipeline. Register here for free. Keeping up with your data is do-or-die. For Celtra, a […]

Complete story at source: VentureBeat

More fresh stories at http://radudee2…

(via Business Insider)

SpaceX CEO Elon Musk speaks after unveiling the Dragon V2 spacecraft in Hawthorne, California May 29, 2014.  REUTERS/Mario AnzuoniThomson Reuters

On Wednesday, the US Air Force awarded Elon Musk’s private company SpaceX an $82.7-million contract to launch a GPS satellite.

This is the first time a company other than United Launch Alliance (ULA) has been given a contract for a military space launch in a decade, loosening the tight grip they held on the market.

The contract covers production of a Falcon 9 rocket, spacecraft integration, launch operations and spaceflight certification.

Winning this contract might also give SpaceX a huge advantage in the US military spaceflight market, making it harder for ULA to compete with them for future national security launches. 

Breaking a 10-year monopoly

ULA is a joint venture between Lockheed Martin and Boeing Co. It has enjoyed a monopoly on the market of ferrying national security satellites to space for the last decade.

In 2006 the alliance was awarded a contract in which the Air Force agreed to them $800 million per year from 2006 to 2019 to launch national security satellites to space. The Air Force had not certified SpaceX rockets to conduct national security launches at that time so the company wasn’t able to compete against ULA for these… Continue reading