Global sports betting and gaming giant Flutter Entertainment has landed a coveted place on Time Magazine’s prestigious list of the 100 most influential companies for 2024.
This recognition places Flutter among industry leaders who are transforming their businesses and staying ahead of the curve through cutting-edge technology.
Flutter’s inclusion isn’t just a nod to their dominance in the betting world. It recognises their innovative spirit and commitment to leveraging technology for growth and positive social impact.
The company uses data analytics, machine learning and artificial intelligence (AI) to personalise each user’s experience and implement safeguards to help players gamble responsibly.
This focus on ethical practices aligns perfectly with Time’s recognition of companies driving positive change through technology.
Flutter has consistently pushed the boundaries of what technology can achieve in the betting and gaming sector. Their tech-driven approach has bolstered their market position and set new standards for the industry.
Their efforts have inspired numerous other iGaming operators to jump on the bandwagon – a point evidenced by the wide range of options listed for online roulette at Casino.com Ireland.
Those firms are thriving not only because advancements in secure and user-friendly technology, but as a result of Flutter pushing the boundaries in a hugely competitive sector.
The booming United States (US) market truly exemplifies Flutter’s tech-driven success story. Flutter had 13.7 million monthly players in the US alone in March 2023.
This, coupled with Flutter’s recent transition to the New York Stock Exchange, underscores their commitment to the US market.
Flutter’s inclusion on Time’s list is a badge of honour. As they look towards the future, they are well-positioned to maintain their leading position in the evolving world of iGaming.
Flutter is in Good Company
Being named alongside tech giants on Time’s list underscores Flutter’s commitment to innovation.
The firm prioritises research and development, constantly seeking technological advancements to improve its offerings.
Time’s recognition of Flutter underscores the company’s alignment with other tech-savvy firms revolutionising their respective industries.
The AI revolution has minted many winners, but none quite like Nvidia. Since the AI race kicked off in late 2022, Nvidia’s value has skyrocketed by over 450%, establishing them as the third most valuable company in the world.
Nvidia’s dominance stems from their iron grip on the hardware powering the AI revolution. They control a whopping 80% of the global market for the specialised computer chips crucial for building powerful AI tools.
This dominance translates directly to financial success, with demand for their products consistently outstripping supply. There’s no sign of a slowdown either, indicating continued growth for the foreseeable future.
Advanced Micro Devices (AMD) is another noteworthy entrant on the list. They landed a significant blow on arch-rivals Nvidia by releasing the undisputed king of AI accelerators.
This chip, specifically designed for training and running powerful language models such as ChatGPT, marked a significant leap forward in the race for AI dominance.
AMD has consistently pushed the boundaries, boasting the fastest AI accelerator and most powerful chip on the market.
While the competition with Nvidia remains fierce, the implications are clear. A more potent GPU translates to more capable AI models that are capable of delivering faster and more comprehensive answers.
Amazon, the world’s largest e-commerce platform, also made it into Time’s top 100 following their ambitious move into the South African market.
The move could be a game changer for Amazon, given that customers can now order goods for same-day or next-day delivery at any of their 3,000 pick-up locations.
Amazon’s arrival offers convenience and plenty of options for South African consumers, but it won’t be a walk in the park. Established retailers already have a strong presence in the region, and Amazon will need to strategise effectively to carve out its niche.
The expansion into Africa comes on the heels of a phenomenal year for Amazon. Fuelled by the booming demand for cloud computing services offered by Amazon Web Services (AWS), the company saw its stock price skyrocket 75% in 2023, dwarfing the S&P 500’s growth by a factor of three.
Amazon’s recent performance made it the sixth-largest company in the world by market value and returned founder Jeff Bezos to the top of the world’s wealthiest people list in March.
