Somewhere else, part 144

144=24· 32 is the twelfth Fibonacci number (and the largest one to also be a square), and the maximum determinant in a 9×9 matrix of zeroes and ones is precisely 144 (source http://wikipedia…)

and on top of that nice cartoon by @RinaPiccolo, some writings worth reading

In a recently published report in cooperation with BCG India, Google concludes that insurance is among the top five product categories in which the web is the dominant purchasing channel in addition to travel, digital media, ticket purchases and books magazines. Common for the first four product categories is that the traditional sales channels have long been redundant as a result of digital disruption. The same report predicts that 75 percent of all insurance purchases will be online by 2020. If these predictions are accurate, it will give Google a dominant position as the primary sales channel for the insurance industry. Is the insurance industry the next industry where technology with Google as a key player disrupts the existing value chain? A review of Google’s acquisition activity and technology development provides an indication of what position Google is able to reach based on the insurance industry’s key revenue sources such as car, home, and life and health insurance. Google made its first move towards the insurance industry back in 2012 with the acquisition of BeatThatQuote, the price comparison service for car insurance, for £37 million. Looking at the numbers, Google charges up to $54 per click for insurance quote searches. In addition to this Google already has real-time monitoring of traffic through obtaining metadata from all Android devices moving along major roads, and is able to give accurate traffic reports through Google Now. The same real-time traffic information is potentially valuable analysis data for an insurance company. This hypothesis is strengthened by the fact that Google has taken initiative for the formation of the Open Automotive Alliance, which aims to promote Android as the standard platform for future entertainment systems, apps and other technology in cars. In January 2014, Google made its second-largest acquisition ever by acquiring thermostat and smoke detector manufacturer Nest Labs for $3.2 billion. According to Forbes, this will strengthen Google’s position in smart homes and provides an opportunity for the Android operating system to become the primary platform for the Internet of Things. The interesting question to ask is how the information obtained through smart metering and other household sensors can be used? A continuous and automatic monitoring of all electronics in a house is valuable information on an insurance object for both the pricing and settlement of claims. Connect this with the information already collected through Google Maps and Google Earth, and this would, for example, be the basis for a precise calculation of accumulated high risk in densely populated areas. [to be continued…]

et un peu de lecture en françaus,

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