DUBLIN--(BUSINESS WIRE)--The "Webscale Playbook: Baidu" report has been added to ResearchAndMarkets.com's offering.
The objective of this report is to assess Baidu's:
- Latest quarterly key performance indicators including revenues, capex, opex, R&D, etc.
- Top 3 spending-related (capex and R&D) priorities
- Network vendor relationships, M&A, and partnerships across different network product categories
- Network-related strategy
- Disruptive impact on the network infrastructure market
Baidu, often referred to as China's Google, is embarking on a new journey to pursue growth outside its core search and advertising business. That's vital as the online advertising business is maturing, yet Baidu continues to rely heavily on it (80% of 2017 revenues). Adding to the woes is the increased rivalry from local peers, Alibaba and Tencent, in the core advertising and online content segments, tied with macro-economic risks arising from rigid ad-related policies/regulations and US-China trade war. These factors have thumped Baidu's 4Q18 topline guidance.
Fortunately, Baidu realizes its position, and is already channeling greater focus on newer sustainable markets that include AI (DuerOS-powered smart devices, smart cities, blockchain) and autonomous vehicles (Apollo program, driverless vehicles). The company is also on a non-core divestiture spree aimed at freeing up money and resources for these newer markets. As Baidu builds its portfolio of new markets, the company's R&D outlays have held steady at around 15% of revenues since 2015.
Below are a few highlights from the report:
- Baidu has been spending more on R&D than capex, as it ramps up its pursuits in AI and connected cars. Capex spend, currently 7% of revenues, is likely to remain well below 10% as Baidu prioritizes research activities and relies on partners for much of its cloud infrastructure.
- Baidu's open-source platform for autonomous vehicles, Apollo, is key to its long-term success as it builds out an extensive web of partners for the platform; that includes more than 100 auto and tech firms, such as Ford, Microsoft, NVIDIA, Intel, and Bosch.
- Baidu is also developing its own AI chip (Kunlun) and building cloud capabilities to support its AI-driven businesses, particularly autonomous vehicles.
Topics Covered
1. Latest earnings takeaways
2. Revenue analysis
3. Capex & R&D: Spend analysis
4. Baidu's project Apollo
5. Baidu's funding in AV startups
6. Other key spending avenues
7. Key technology relationships
8. Baidu's network strategy
List of Exhibits
- Baidu Revenues: 2Q17-3Q18
- YoY Growth Rate (CAPEX vs OPEX): 2Q17-3Q18
- Profitability Margins: 2Q17-3Q18
- Revenues (Annualized & Single Quarter), & YoY Growth
-
FY2017 Revenue Split
- Annualized Capex and R&D, % Revenues
- Baidu's annualized share of WNO network & IT capex
Companies Mentioned
- Alibaba
- Alphabet
- Amazon
- Apple
- Baidu
- Microsoft
- Tencent
- Ford
- Microsoft
- NVIDIA
- Intel
- Bosch
- Du Xiaoman Financial
- Blackberry
- Waymo
- Velodyne LiDAR
- BMW
- iDriverPlus
- SmarterEye
- NIO
- Hesai Tech
- ZTE
- China Telecom
- Xilinx
- AMD
For more information about this report visit https://www.researchandmarkets.com/research/dnw3dr/webscale?w=4