Bertelsmann SE & Co. KGaA is a German multinational mass media corporation founded in 1835, based in Gütersloh, Germany. The company operates in 50 countries and employs in excess of 104,000 . In 2012 the company reported a €16.065 billion consolidated revenue and an operating EBIT of €1.735 billion. Its principal divisions are Penguin Random House, RTL Group, Gruner + Jahr, Arvato, Be Printers and BMG.Bertelsmann is a privately held Kommanditgesellschaft auf Aktien . 80.9 percent of the capital shares in Bertelsmann SE & Co. KGaA are held indirectly by foundations , and 19.1 percent are held indirectly by the Mohn family. Wikipedia.
Fandel G.,University of Hagen |
Giese A.,University of Hagen |
International Journal of Production Economics | Year: 2012
This article applies the Cobb/Douglas production function to measure synergy effects of a Public Social Private Partnership (PSPP) project. Following a short overview of the literature on Public Private Partnership and in particular on Public Social Private Partnership the microeconomic approach of the Cobb/Douglas production function is presented which can be interpreted in this context as a generalised Nash solution of cooperative games and opens up the possibility of allocating the synergy effects to the partners of a PSPP project. The Cobb/Douglas production function is at first briefly analysed with regard to its assumptions, implications and consequences, and then applied to the PSPP project Anschub.de that was initiated by the Bertelsmann Stiftung. The empirical analysis uses real data and is based on a survey on the project cooperation partners whereby the resources and budget contributions spent are investigated. With the help of these budget contributions it is possible to determine relative success variables or synergy effects for the partners. © 2012 Elsevier B.V. All rights reserved. Source
PsychNology Journal | Year: 2011
There are many routes to reduce one's energy footprint, ranging from picking the right means of transportation to switching off the heating when leaving a room to choosing seasonal local food. Many of these options, however, cannot be selected in an automated fashion, but require a deliberate decision. Pervasive computer systems may support this process, acting as personal energy conservation assistants. Such solutions can be characterized by a range of properties including the degree of obtrusiveness, data privacy, and coordination with utilities or domestic power generators. Along with discussing dimensions of the design space, this paper points out existing approaches and avenues for future research. Source
News Article | November 11, 2015
After completing a new funding round, online education firm Udacity is now worth $1 billion thanks to raising a $105 million Series D round of funding. This catapults Sebastian Thrun's online vocational training startup to Unicorn status—meaning that they are valued at over $1 billion. The new funding round was led by media firm Bertelsmann. New Udacity investors also include Google Ventures. The announcement was made via a blog post that also touted Udacity’s "nanodegree" program. In a response to the problems of monetizing online learning, Udacity is increasingly positioning themselves as a way for knowledge sector workers to quickly acquire new job skills. Popular nanodegrees center around mobile app development and web development. As such, the company had over 11,000 students in 168 countries last year. In an email to Fast Company, Udacity executive advisor Shernaz Daver said that the funding round will primarily be used to expand the company’s presence in international markets and to expand their nanodegree programs. Udacity plans to open additional offices (they currently have presences in India and China) with the funding, and to have 45-50 nanodegree programs offered over the next year, but did not specify in which areas.
News Article | October 27, 2015
Some 26 million children and young people in Europe are threatened by poverty or social exclusion after years of economic crisis, according to a study by the Bertelsmann Foundation which gave Greece the worst marks in the entire EU. Bertelmann's Social Justice Index, an annual survey of social conditions in the 28-member bloc, found a yawning gap between north and south, and between young and old. In Spain, Greece, Italy and Portugal, the number of children and young people that are under threat because of their economic condition has increased by 1.2 million to 7.6 million since 2007, the study said. In addition, the number of EU citizens between 20 and 24 years old who are neither employed nor in education or training has risen in 25 of the 28 member states since 2008, with Germany and Sweden the only countries where the outlook for this age group has improved. In Italy, 32 percent of people in their early 20s fall into this category, while in Spain it is 24.8 percent. “We cannot afford to lose a generation in Europe, either socially or economically,” said Aart De Geus, chairman of the executive board at Bertelsmann. “The EU and its member states must make special efforts to sustainably improve opportunities for younger people.” By contrast, the study found that a declining number of people aged 65 or older are at risk of poverty, because retirement benefits have not declined as strongly as incomes for younger citizens. Bertelsmann said three Europe-wide trends were exacerbating this gulf between young and old, including growing public debt, stagnating investment in education and research, and rising pressure on the financial viability of social security systems. Sweden, Denmark, Finland, the Netherlands and Czech Republic stood at the top of the social justice rankings, while Greece, Romania, Bulgaria, Italy and Spain were at the bottom.
News Article | December 3, 2014
Digital media network SVG Media has completely acquired India and South East Asia’s leading mobile video technology platform SeventyNine and Performance display platform NetworkPlay from Gurner+Jahr (a unit of Bertelsmann Group). Following the acquisition; SVG Media has become the largest advertising technology company in India with over 8% market share of digital media and has reach over 100 million Internet users on mobile and PC. SeventyNine and NetworkPlay will now work as independent brands along with SVG Media’s other market leading AdTech platform Tyroo, DGM and PrecisionMatch. Manish Vij, Founder & CEO, SVG Media along with Co-Founder and Chairman Harish Bahl said “It has been our dream to build a platform of this scale to help our advertisers meet its performance marketing objectives and give best monetization for our publishers for their mobile / PC assets. We are doing this by Affiliate marketplace, Video and Data products. SeventyNine’s patent pending technology is one of first few mobile video platforms that delivers performance to advertisers” SeventyNine’sprevious co-founders Chirag Shah and DevenDharamdasani will lead the business post acquisition. “We are very excited to be back and working with the same team at SeventyNine and are very confident of making it the largest mobile video advertising technology platform in Asia,” they said. Along with its leadership in India, SVG media, is serving business in over seven countries and is on its way to becoming the largest advertising technology platform in Asia. SVG Media started its India operations in 2008 and is the launch pad for successful digital advertising technology media businesses. It house leading performance, mobile, data targeting businesses such as Tyroo, PrecisionMatch, DGM.