CES 2014 Press Release: Las Vegas, NV – 01/08/2014 – Major product launches from more than 3,200 exhibitors and keynotes from the leaders of Sony, Yahoo and Cisco opened the 2014 International CES® on Tuesday, January 7.
Each year CES grows in attendance and in exciting product advancement. It was no less than expectations exceeded yesterday for the opening day.
Gary Shapiro, president and CEO, CEA, delivered the State of the Consumer Electronics (CE) Industry address Tuesday morning where he announced that US consumer technology revenues are projected to see 2.4 percent growth, up to $208 billion – a record high. He also forecasted $6 billion in sales of new categories. Put in context, ‘this is larger than the entire U.S. machine tool’ industry. ‘We are at the forefront of a momentous wave of innovation,’ said Shapiro. ‘The incredible growth that emerging product categories such as Ultra HDTV, wearable electronics and 3D printers will experience this year underscores the significant role new technologies play in the total consumer electronics story.’
Exciting announcements and new ventures were presented by Gary regarding US tech vets, a CEA partnership to align US veterans with employers in the tech sector; the recent approval of electronic device usage on airlines from gate to gate which received considerable applause; CEA's ongoing advocacy for patent litigation reform legislation; CEA's grassroots innovation movement; the importance of upcoming FCC spectrum auctions; and the industry's efforts to become more green and increase sustainability. Shapiro also called on China to cease its opposition to expanding the information technology agreement which removes trade tariffs on all it products.
Kazuo Hirai, president and CEO of Sony, then took the opening keynote stage and emphasized the need to tap into consumers’ curiosity by pursuing what he calls ‘The Wow,” saying Sony is now focusing its products on a sector it calls Generation Remix. They're true digital natives, who are no longer worshipping at the altar of technology,’ said Hirai. ‘They will be their own arbiters of technology.’ We had to ask ourselves, ‘What will wow them?’
Hirai introduced the 4K Ultra Short Throw Projector that can turn an unused wall into a Ultra HD video screen up to 147 inches across and will be available in the US later this year. Hirai said that thorough this technology; consumers could potentially use their dining room tables as giant touchscreens. He called special attention to the value of sensor technology, specifically in digital imaging, automotive, agriculture, health and wearables.
Marisa Mayer delivered a compelling 2014 CES keynote that brought to life Yahoo’s vision for curating entertaining digital content across its sites. Mayer, CEO, president and director, made several announcements regarding acquisitions and launches, including Yahoo’s purchase of Aviate, the intelligent home screen that simplifies your phone, and brought Katie Couric to the stage to discuss her digital media and interview plans for Yahoo Media.
Cisco chairman and chief executive officer, John Chambers, shared his vision for the Internet of Everything (IoE), the networked connection of people, processes, data and things, during Tuesday afternoon’s keynote address. Chambers begun by making two predictions, including ‘2014 will be the transformational and pivotal point for the Internet of Everything,’ and ‘the Internet of Everything will be five to ten times more impactful in the next decade than the entire internet has been to date.’
Chambers communicated the potential of embracing IoE by outlining the $19 trillion savings that could be realized in the private and public sector. He cited several examples, including the $13 billion a year alone that is spent on street lighting that could be reduced by 70 percent by using connected technology. The keynote included an extensive demonstration of Cisco’s Videoscape, a cloud-based home entertainment service as well as a description of the Digital Life Project, a home automation initiative. Looking ahead to the future, Chambers closed by noting the next frontier of IoE will be within healthcare and digital countries.
The CES 2014 event continues through Friday, Jan. 10. For more information about CES 2014, please, click on the articles listed below in Author’s suggestions and view the video atop this article.