AI will be a key enabler for content consumption in the future, driving deep personalisation, according to Nielsen Sports global GM Jon Stainer
Nielsen CEO Karthik Rao, CTO Anil Goel and Gracenote CEO Jared Grusd spoke about why they are bullish on India’s tech talent, the company's global-local product strategy, and the role of artificial intelligence in their products.
Rural consumption growth has been steadily increasing and exceeded urban growth in Q1CY24.
The consortium, which includes Elliott Management's private equity unit and Brookfield Asset Management, in March offered to pay $28 a share for the TV rating firm.
Nielsen, instead, will begin buying its own shares under a previously approved $1 billion share repurchase authorization.
Rural growth is slowing, but listed companies seem unfazed by it. It may be a non-issue for them, but there is a bigger problem lying in wait
Nielsen also uses the audio recognition software in many of its homes to track the biggest streaming services, including Netflix, Disney+, Hulu and Amazon, and it releases a weekly ratings report on the most-streamed series and films.
Earlier, on April 30, in the middle of the lockdown, Nielsen had slashed the growth forecast for the FMCG sector by almost half to 5-6 percent for 2020 citing adverse impact of the coronavirus pandemic.
Nielsen’s data for June shows growth recovering after a slump in May but the big surprise was a quicker than expected revival in the buying of discretionary consumption products
"Of the overall Internet population, 433 million are of the age of 12 years and above, and 71 million are in the age bracket of 5-11 years who access the Internet on the devices of family members," it added.
There are enough signs in retail data to suggest a revival in the works for the FMCG sector
The modern trade landscape in India comprises both local and national brands
Nielsen’s data points to several clues about the FMCG slowdown that investors should take note of
The June quarter should see a slowdown in volume growth while price-led growth does some moderate lifting. That could mean that margins may either hold up or even improve.
Rural growth is slowing down double the rate of urban in recent quarters
India's FMCG sector may trade at expensive valuations but its growth makes it difficult to ignore
Advance setting of systems across both buying and selling, helped modern trade gain a sizeable growth advantage over general trade during the implementation of GST.
Consumers are also looking for e-commerce options for an increasing range of categories, as their more immediate needs for convenience and ease expands, Macaden said.
This has led to online purchase of a broader range of categories, with a particularly interesting upswing seen in fresh and packaged groceries, Nielsen said in a report.
The rationale behind the double-digit growth forecast is strengthening GDP, boost to rural income and a controlled inflation rate
The deal is the largest-ever outsourcing contract signed by an IT firm, reports Mint.
Besides, cautionary spending by consumers towards the end of 2016 still had some impact on the quarter under consideration, it said.
Storyboard Editor, Anant Rangaswami speaks to David Powell, Director-Online Partner Development, YouTube about how can anyone become a star and earn a living out of YouTube.
Indians continue to be most confident globally when it came to job prospects, personal finances and immediate spending intentions in the fourth quarter of 2016, according to Nielsen.