Takeaways from the Goldman Sachs Third Annual Innovation Symposium

Executive Summary

On June 27, the Fung Global Retail & Technology team attended the Goldman Sachs Third Annual Innovation Symposium in New York. The investor-focused event featured technology companies that are pursuing new approaches in analytics, data, artificial intelligence (AI), machine learning and more. The following are our key takeaways from the event:

• Maintaining a culture of innovation has helped EOG Resources become an industry leader and has enabled the company to develop more than 65 customized technology applications.
• Speed, low latency of service, scale and flexibility are the major attributes that will allow 5G networks to further enable the Internet of Things (IoT) and power innovation in the future.
• Digital solutions such as precision planting, autonomous tractors and drones are driving a new segment of productivity in agriculture.
• Massive growth of data, faster hardware and more broadly available algorithms are accelerating advances inAI capabilities and applications.
• Advances in OLED technology have allowed it to gain share in the digital display market and enabled new applications, particularly on mobile.