Why, after so long and so much success, would Siemens transform its business? The answer is, in one word, cities.
If it ever existed in the minds of the layperson, the white space between national security and economic prosperity is gone. They are now two parts of one whole.
"We know that security is an endless race"
In 2018, technology is eating manual labor. This tectonic shift — from manual labor to automation through technology — is most acute in cities, from Pittsburgh to Shanghai.
Across the board, Amazon is a singularly dominant company.
Nation-states defined the 20th century. Cities will define the 21st century.
From food delivery via drone to last-mile logistics, Amazon may very well impact city living more than any other major company.
AWS — a vertical Amazon developed to handle internal surge demand on computing power — quarterly revenue last quarter was $4.5 billion.