Canon Leans on A.I. for Innovation in the Camera Biz
Canon ranked among the top holders of U.S. patents in 2017, beating out Intel, Google, and Amazon. The camera company placed a focus on intellectual property, using imaging technology to drive innovation across industries including business solutions, manufacturing, and medical technology.
Robert Pignataro, Director of New Business for Imaging Technologies & Communications Group at Canon, joined us to share how the company is innovating in the camera business. There are some Canon patents consumers interact with on a daily basis without even realizing. He said every time we turn on the TV, we see the result of their cinema line. The company received a technical Emmy last year for its Cinema U.S. lenses.
A.I. is a big part of Canon's industrial focus. Pignataro said Canon has become more of a software company to help encompass the strength of its hardware. It’s not just cameras. He said innovation in its printing segment has been key as well.
Nike and Dick's Sporting Goods announced an integration of their loyalty programs that will allow customers to shop for exclusive Nike branded apparel on the Dick's Sporting Goods platform. Customers will also be able to make returns at its retail locations even if shoes were purchased directly from Nike.
John Freeman, VP of equity research at CFRA Research, joined Cheddar to break down factors weighing on video game publisher Activision Blizzard as it deals with the fallout from delayed releases and sexual harassment scandals. While not great for business, Freeman also questioned if the issues of the toxic corporate culture could have had an impact on title delays as well.
Steven Salz, Co-Founder & CEO of Rivalry, joins Cheddar News to break down how the metaverse plays into Internet culture, how augmenting human experiences impacts businesses, and how 5G technology plays into making it all possible.
Bed Bath & Beyond and Kroger have announced a new e-commerce partnership as the grocer looks to expand home goods and baby product offerings. Bed Bath & Beyond is also expected to expand its online product stock.
Orlan Boston, EY Americas ESG Markets Leader, joins Cheddar News to discuss the latest trends coming out of COP26 that companies should be paying close attention to, and what it really means to be a sustainable company.