Future of Acuity Brands | Quantumrun

Future of Acuity Brands

Acuity Brands, Inc., is an electronics producing company. The company was established in 2001 in Atlanta, Georgia.

Acuity Brands formed a new business, marketing specialty chemicals. This change was effective November 1, 2007, and is recognized as Zep Inc. Zep is traded on the NYSE under the ticker symbol ZEP.

Home Country: 
United States
Industry: 
Capital Goods
Industry vulnerability to disruption: 

<p>Belonging to the retail sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:</p>

<p>*First off, omnichannel is inevitable. Brick and mortar will merge completely by the mid-2020s to a point where a retailer’s physical and digital properties will complement each other’s sales.<br />
*Pure e-commerce is dying. Starting with the clicks-to-bricks trend that emerged in the early 2010s, pure e-commerce retailers will find that they need to invest in physical locations to grow their revenue and market share within their respective niches.<br />
*Physical retail is the future of branding. Future shoppers are looking to shop at physical retail stores that offer memorable, shareable, and easy to use (tech-enabled) shopping experiences.<br />
*The marginal cost of producing physical goods will reach near zero by the late-2030s due to significant oncoming advancements in energy production, logistics, and automation. As a result, retailers will no longer be able to effectively outcompete each other on price alone. They will have to re-focus on brand—to sell ideas, more so than just products. This is because in this brave new world where anyone can practically buy anything, it’s no longer ownership that will separate the rich from the poor, it’s access. Access to exclusive brands and experiences. Access will become the new wealth of the future by the late 2030s.<br />
*By the late 2030s, once physical goods become plentiful and cheap enough, they will be viewed more as a service than a luxury. And like music and film/television, all retail will become subscription based businesses.<br />
*RFID tags, a technology used to track physical goods remotely (and a technology that retailers have used since the 80s), will finally lose their cost and technology limitations. As a result, retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, enabling the enhanced inventory awareness that will result in a range of new retail technologies.</p>

Total patents held: 
162
Ranking List: 
753
Ranking List: 
2017 Quantumrun Global 1000
491
Ranking List: 
2017 Quantumrun US 500
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.89
Prod/Serv name revenue: 
Prod/Serv name: 
Product (Domestic)
Prod/Serv revenue: 
2928300000
Prod/Serv name: 
Product (International)
Prod/Serv revenue: 
363000000
Founded: 
1980
Company Name: 
Acuity Brands
Sector: 
Revenue: 
3291300000
3y average revenue: 
2797166667
Operating expenses: 
961000000
3y average expenses: 
803466667
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
3200
Domestic employee count: 
4300
Number of domestic locations: 
11
Funds in reserve: 
413200000
Investment into R&D: 
47100000
create term: 
#753 | 2017 Quantumrun Global 1000
#491 | 2017 Quantumrun US 500

Acuity Brands, Inc., is an electronics producing company. The company was established in 2001 in Atlanta, Georgia.

Acuity Brands formed a new business, marketing specialty chemicals. This change was effective November 1, 2007, and is recognized as Zep Inc. Zep is traded on the NYSE under the ticker symbol ZEP.

Home country:
United States
Sector:
Retailing
Industry:
Capital Goods
Website:
Founded:
1980
Global employee count:
3,200
Domestic employee count:
4,300

Financial Health

Revenue
$3,291,300,000 USD
3y average revenue
$2,797,166,667 USD
Operating expenses
$961,000,000 USD
3y average expenses
$803,466,667 USD
Funds in reserve
$413,200,000 USD
#1 Market country
United States
% of revenue from country #1
0.89%

Asset Performance

#1 Product/Service/Dept. name
Product (Domestic)
#1 Product/Service revenue
$2,928,300,000 USD
#2 Product/Service/Dept. name
Product (International)
#2 Product/Service revenue
$363,000,000 USD

Innovation assets and Pipeline

Investment into R&D
$47,100,000 USD
Total patents held
162
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

Belonging to the retail sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, omnichannel is inevitable. Brick and mortar will merge completely by the mid-2020s to a point where a retailer’s physical and digital properties will complement each other’s sales.

*Pure e-commerce is dying. Starting with the clicks-to-bricks trend that emerged in the early 2010s, pure e-commerce retailers will find that they need to invest in physical locations to grow their revenue and market share within their respective niches.

*Physical retail is the future of branding. Future shoppers are looking to shop at physical retail stores that offer memorable, shareable, and easy to use (tech-enabled) shopping experiences.

*The marginal cost of producing physical goods will reach near zero by the late-2030s due to significant oncoming advancements in energy production, logistics, and automation. As a result, retailers will no longer be able to effectively outcompete each other on price alone. They will have to re-focus on brand—to sell ideas, more so than just products. This is because in this brave new world where anyone can practically buy anything, it’s no longer ownership that will separate the rich from the poor, it’s access. Access to exclusive brands and experiences. Access will become the new wealth of the future by the late 2030s.

*By the late 2030s, once physical goods become plentiful and cheap enough, they will be viewed more as a service than a luxury. And like music and film/television, all retail will become subscription based businesses.

*RFID tags, a technology used to track physical goods remotely (and a technology that retailers have used since the 80s), will finally lose their cost and technology limitations. As a result, retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. This is crucial because RFID tech, when coupled with the Internet of Things (IoT), is an enabling technology, enabling the enhanced inventory awareness that will result in a range of new retail technologies.