Billion Dollar Babies: Virtual Reality and the Shift to Cloud

Goldman Sachs Exchanges

Goldman Sachs

Business

4.4 • 1K Ratings

🗓️ 22 March 2016

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Heather Bellini, head of the Technology Research Group in Goldman Sachs Research, discusses the multi-billion dollar industry forming around virtual and augmented reality, and the $300 billion in enterprise IT spend at stake as companies pursue cloud strategies. This podcast was recorded on March 1, 2016. All price references and market forecasts correspond to the date of this recording. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast does not constitute research or a recommendation from any Goldman Sachs entity to the listener. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2016 Goldman Sachs. All rights reserved.

Transcript

Click on a timestamp to play from that location

0:00.0	This is Exchanges of Goldman Sachs where people from our firm share their insights on developments currently shaping
0:14.0	markets, industries, and the global economy.
0:16.7	I'm Jake Seawert, Global Head of Corporate Communications here at the firm.
0:20.4	You can't talk about development shaping markets today without talking about technology.
0:25.0	And I'm joined by Heather Bellini who leads Goldman Sachs's technology research group.
0:29.4	Heather, welcome to the program.
0:30.9	Thanks for having me.
0:32.0	Heather, let's start with trends you're seeing in the tech sector, broadly speaking.
0:36.0	Earlier this year you hosted Goldman's annual technology and internet conference in San Francisco,
0:40.6	which brings together senior executives from over 100 technology and internet
0:44.1	companies. What were the big themes and takeaways at this year's conference?
0:47.6	The conference took place earlier in February and it was right after the big meltdown in the market.
0:55.4	So being that we were in San Francisco and we had a variety of private and public companies
1:01.0	there, first and, people wanted to know
1:03.6	the state of the macro environment.
1:05.6	The state of the unicorns was also right up there
1:08.4	and what's going on with valuations
1:10.0	in private companies and the question
1:11.5	about whether we're in a bubble or not in a bubble for private market investing and then just concerns over how quickly
1:18.4	growth software which were a lot of companies at the conference had seen their valuations decline.
1:25.0	If you were to think of the conversations that we had or the sessions where people were optimistic and great secular growth drivers,
1:32.0	those centered around social media for the most. and great secular growth drivers.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Goldman Sachs, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Goldman Sachs and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.