Swatch Group Annual Results Press Conference 2014 – Listen to CEO Nick Hayek and see pictures of his presentations.

Nick Hayek and Marc Hayek

Today Swiss Timing, the Swatch Group‘s expert in timekeeping, hosted the Annual Results Press Conference. This is a summary highlighting some of the explanations given by the CEO.

 

I do not want to bother you with the key figures, since you may discover them  HERE  by downloading the Swatch Group Annual Report.

What I have put together for you are the most interesting statements CEO Nick Hayek made today. I also try to highlight his explanations by pictures I took from the huge video-wall behind him.

Unfortunately these pictures are not as good as I expected. Please forgive me. But still I hope they can give you some additional information to better understand what Nick Hayek said.

Here is a picture of the today´s podium…

The Executive Group Management Board of Swatch Group. To learn more about the board click HERE

 

Nick Hayek and Marc Hayek
Nick Hayek and Marc A. Hayek
The executive board of Swatch Group
The Executive Group Management Board of Swatch Group
The executive board of Swatch Group
The Executive Group Management Board of Swatch Group

 

This is the first statement where Nick Hayek talks about the outlook for the year 2015 and how it started …

 

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In the second statement Nick Hayek talks about the capabilities of Swatch Group to manufacture electronic components for the consumer electronic industry. Believe it or not in almost every smartphone sold there are some tiny high-tech components either manufactured by EM Microelectronic, Renata, Micro Cristal, Swiss Timing, Asulab, Moebius, CDNP, Belenos or I.C.B.

 

I highly recommend you to listen to Nick Hayek´s explanations.

 

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Open the Soundcloud file in a new browser and then have a look at the pictures while listening to Nick Hayek 

Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015

 

The future developments of Swatch Touch Zero Two, Three, Four and Five …

Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015
Swatch Group Annual Results Press Conference 2015

 

This is my favourite part of Nick Hayek´s explanations of today: It´s all about NFC (Near Field Communication) and how this technology will be implemented to wristwatches manufactured by Swatch Group.

Now comes the sensation…

NFC will also be integrated e. g. in mechanical Omega watches, but could also be implemented in a Breguet or Blancpain.

Curious?

 

[soundcloud url=”https://api.soundcloud.com/tracks/195547252?secret_token=s-qrkvB” params=”color=ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false” width=”100%” height=”166″ iframe=”true” /]

 

Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology

 

By online interfaces you will be able to program what your NFC chip is allowed to do. Here a funny example with ice cream. You invite your friends for ice cream…

Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology

 

You may shop or pay at restaurants…

Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology

 

Go to the cinema…

Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology

 

Pay your parking fees…

Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology
Swatch Group Annual Results Press Conference 2015. Demonstrating the NFC technology

 

Guys, did you get this? The fabulous possibilities NFC offers integrated in a mechanical wristwatch and not only a Swatch. This could mean that you will be able to pay with with your Omega, open your hotel room door, board an aeroplane, go to the cinema and much more.

 

In my eyes this will be the future and not these reduced smartphones for the wrist called smart watches…

 

 

 

 

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9 Comments

  • Great report.

    What amazes me is that I can’t find any video of the entire presentation on the Swatch website. Or did I miss a link? Thanks.

    All other large public companies make video available from presentations, why not Swatch Group?

  • Bad times for Switzerland good times for Swatch Group.
    NFC’s will leverage Swatch watches into many applications. This is a sound marketing decision. But I find the idea of having a NFC in my Omega somewhat distasteful for the present.

    • NFC works autonomous with no need of any power. It´s easy to integrate the little chips and antenna to an Omega and any other mechanical, preferable anti-magnetic watch. It might become a new standard but you will still be free not to use the function

  • Why should i buy one watch for sports, one for volleyball, one for cooking,ne for … if i can habe ONE smartwatch and can add functionally simply by installing apps for running, cocking, …?

    • Becaus it’s a Swatch! You could also simply read time from just one Swatch, but you don’t do. It’s the fun of having different designs, different execution… It’s a Swatch!

  • Just look how far NFC has come since it was introduced into the market… Possibilities are there, yet this is real far sound of future in my ears until any airline would allow boarding with a watch. When is it that I wear my watch for cinema but don’t have my phone with me?
    I have to say: Great – or rather – smart idea!
    But not really that feature I was missing for my Omega watch, not to mention Blancpain (remember JCB’s marketing slogan?) or Breguet.

    Did Swatch also say how the NFC will be powered in a mechanical movement watch? With a Seiko-like solar cell?

      • Got it, as Omega has their anti-magnetic movements, these electromagnetic fields shouldn’t harm.

        Repeating myself: Truly a smart idea.

        Let’s be honest, nobody needs an Omega watch. So why shouldn’t they add another unneeded feature.

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