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Artprice: The Art Market Confirms Robert Combas as One of France’s Major Living Artists

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Over the past two years the value of Robert Combas’ paintings (1957) has risen 40%. His large acrylics, especially those created in the late 1980s, now regularly fetch above $100,000 at auctions.

thierry Ehrmann: “With his market looking particularly dynamic, Robert Combas is today the second most sought-after living French artist after Pierre Soulages. Although his paintings still fetch much less than those of France’s grand master of abstraction, his latest auction results suggest a rapid growth in demand and an expansion of his market as far as Asia.”

In June 2017, the Chinese auction house Ravenel set a new auction record for Combas in Taiwan when his The Sun King(1987) sold for $214,500 (including fees). A year later, on 4 April 2018La Prise de la Bastille (c.1989) and La bagarre de Zozo (1986) were each sold for $220,000 in Paris.

Boosted by these successive auction records, the enfant terrible of the Figuration Libre movement has proved he is still the best representative of French painting on the Contemporary Art Market.

As thierry Ehrmann puts it: “Combas is a one of our giants… he already has more than 5,000 auction results to his name..

Artprice Indicator: Value of The Sun King (1987) from 2000 to 2019

© Artprice.com

2018 was an excellent year for Robert Combas: 184 works were sold generating a total of $4.75 million. The market is trading more than forty years of artistic creation from his first canvases dated 1979 (the year he left art school in Saint-Etienne) to his most recent works.

However, the strongest demand focuses on works he produced from 1985 to 1995. Encouraged by rising prices, more and more collectors are selling major works they have sometimes kept for more than 20 years generating a virtuous market circle as Combas gains additional visibility.

The results speak for themselves: 8 of his top 10 auction results have been hammered since 2017.

Top 10 Best Auction Results for Robert Combas

© Artprice.com

Ranking – Work – Price – Sale (date and place)

  1. La bagarre de Zozo (1986) – $220 350 – 04/04/2018, Artcurial, Paris
  2. La prise de la Bastille (c. 1989) – $219 200 – 04/04/2018, Desbenoit, Paris
  3. Le Roi Soleil (1987) – $212 500 – 03/06/2017, Ravenel, Taïwan
  4. Il suffit de passer le pont (1992) – $212 400 – 19/03/2019, Sotheby’s Paris
  5. Louis XIV (1985) – $207 700 – 28/03/2013, Cornette de Saint CyrParis
  6. Le chien à cinq pattes (1987) – $190 500 – 05/06/2018, Artcurial, Paris
  7. La charrette des Condamnés (c. 1979) – $190 000 – 04/06/2018, Desbenoit, Paris
  8. La gitane amoureuse (1988) – $184 500 – 03/12/2018, Artcurial, Paris
  9. Les 4 peluches de l’Ave Maria (1987) – $176 500 – 04/04/2012, Artcurial, Paris
  10. Nolon (1987) – $169 500 – 06/12/2017 – Sotheby’s, Paris

With France accounting for 87% of his lots sold, the core of Combas’ market remains French. However, his works are now selling well beyond France and Belgium, having already reached England and even Asia. The American market has so far resisted his prolific painting practice which is reminiscent of Keith Haring’s.

Robert Combas’ paintings now sell for somewhere between $15,000 and $200,000, depending on the size of the work, its subject, its provenance, etc. However, many of his works on paper are still accessible for less than $10,000, while his prints and his three-dimensional multiples usually change hands for between $1,000 and $5,000.

In the fall of 2018, the Parisian gallery Laurent Strouk presented his most recent works, created during the previous summer in Sète, a town on France’s Mediterranean coast where Combas lived as a child.

The exhibition entitled Le Théâtre de la Mer showed his latest paintings, but also his latest sculptures, as well as some pieces of furniture (chairs, lamps, rugs). Indeed, Robert Combas has never limited his creativity to any particular medium and has always given free rein to his inspiration… including T-shirts, trousers, guitars and a variety of other formats.

As his latest auction results show, Robert Combas is enjoying a new international visibility. Most of his production is still affordable, but that could soon change. His prices have shown strong long-term growth, +500% since 2000, that has accelerated over the last 24 months.

Copyright ©2019 thierry Ehrmann – www.artprice.com

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Ideanomics Rounds Out NEVC Offerings, Updates Unit Name to New Energy Transportation Services Group (NETS)

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Ideanomics Inc. (Nasdaq: IDEX) has today announced the formation of New Energy Transportation Services Group (NETS), a service company proving comprehensive and commercial solutions that include Marketing, Financial Services, Technology and Infrastructure for the New Energy Transportation Services industry with.

This newly-formed group will be domiciled in Singapore to embrace the global business ex-China, beginning with Malaysia and the other ASEAN countries. From Asean, the company plans to expand its substantial commercial offerings into other regions, including North America and Europe, to develop and support cleantech commercial vehicle markets. The NETS Group is focusing its full-service model of ‘Sales-to-Financing-to-Charging networks (S2F2C) in efforts to support the full value chain of the cleantech commercial vehicle industry. As the new energy transportation markets continue to gain momentum globally, we expect our sales from the NETS Group to grow significantly by the end of 2020 and with it the potential to spin-off what is anticipated to a highly profitable division to create additional shareholder value.

According to a recent Bloomberg New Energy Finance (BNEF) report “…commercial electric van and truck sales are set to accelerate in the 2020s,” and “By 2040, it’s expected that 56% of light commercial vehicle sales and 31% of medium commercial vehicles in China, the U.S. and Europe to be electric.”

The NETS Group is positioning to become a global leader in the sourcing, sales, and debt and equity financing of global new energy transportation solutions; to help streamline the adoption of cleantech commercial vehicles, and associated infrastructure, and to support the rapid adoption of new energy passenger vehicles, globally.

The NETS Group competitive advantage will be improved pricing through volume discount from factory to customer direct group-based purchasing, improved financing rates and availability, and will have the ability to procure a full range of vehicles from a variety of manufacturers through a single point of service in ASEAN, European, and North American markets.

“Having recently began to refer to this business unit as the NEVC Group, we took a step back and considered what additional services and solutions we needed to round out the offering,” said Alf Poor. “With the continued interest in light rail and heavy municipal vehicles, such as garbage and fire trucks, as part of our audience’s transportation planning objectives, we understood that a full-service solution would need to include light rail, and the power infrastructure required for the different forms of new energy transportation from rail to the fast-charging networks needed to support the different types of commercial vehicles required for tomorrow’s transportation needs.”

The NETS Group continues to expand and grow its new energy commercial vehicle strategic industry alliances within the new energy commercial transportation ecosystem with partners and market leaders such as JACBeijing FotonYinlong, and BYD. The NETS Group will continue to grow this alliance and add new strategic partners and market leaders, and grow its offerings, enterprise operational tools, and commercial support to fuel the fast and growing demand.

“Technologies such as Artificial Intelligence will play an increasingly import role the New Energy Transportation Services industry. Our world-class AI offerings from our subsidiary ‘Intelligenta’ will support this commercial level smart integration needed for a successful go to market strategy,” said Poor.

The NETS Group plans to leverage its full-service model with all stakeholders involved in transportation planning, from local, regional, and national governments, through to private enterprise groups supporting travel and tourism. This will help to establish a cost-efficient underwriting model that will provide a streamlined path for the adoption and transformation to cleantech from urban transportation’s current reliance on fossil fuels.

 

SOURCE Ideanomics

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Florida Realtors® 2019 Convention & Trade Expo Offers Success Strategies, Tips to Boost Business

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Success strategies from top industry leaders, the latest in high-tech devices and a chance to network with other real estate professionals: That’s what the Florida Realtors® 2019 Convention & Trade Expo offers – opportunities to boost business and the bottom line.

This year’s Convention & Trade Expo takes place Aug. 21-22, 2019, at the Rosen Shingle Creek resort in Orlando, with the popular REBarCamp slated to kick off the event on Tuesday, Aug. 20. Then Realtor members will get down to the business of the state association and wrap up the week with governance meetings, Aug. 23-25, 2019.

“Florida Realtors 2019 Convention and Trade Expo is the one business event this year that every Realtor should attend,” says 2019 Florida Realtors President Eric Sain, a Realtor and district sales manager with Illustrated Properties in Palm Beach. “Over the course of just two days, Realtors have the chance to learn successful business strategies from top industry leaders, get new marketing tips, hear inspirational speakers offer advice from the trenches, network with colleagues and enjoy exciting entertainment. Florida Realtors’ annual convention provides outstanding value to anyone interested in the latest trends, technology and best practices. I’ll be there – will you?”

The 2019 convention features more than 40 education sessions from top industry speakers on various topics such as new trends in real estate, disaster recovery planning, Florida’s water crisis, how to make the most of the home-share trend, video marketing, Florida’s evolving cannabis laws, best practices for brokers and much more.

Convention highlights

  • REBarCamp: Aug. 209:30 a.m. – 5:30 p.m.; registration sign-in starts at 8:30 a.m.
    This year marks the 10th year for the event’s peer-to-peer learning and sharing. However, industry powerhouses are on tap to facilitate sessions, including: Sean CarpenterJay ThompsonNick Baldwin and Tristan Ahumada with Lab Coat Agents to name a few. More than 500 Realtors attended last year’s REBarCamp. Cost for day, which includes lunch and the After Party, is $15Register through Eventbrite to guarantee a ticket.
  • General Session Keynote: Aug. 211:30 – 2:30 p.m.
    Songwriter and Grammy-nominated Top 40 singer John Ondrasik, also known as Five for Fighting, brings home his message of “Harnessing Inspiration and Creativity to Design the World You Want” on piano and guitar. One complimentary ticket is included with full convention registration. One additional ticket can be purchased by full convention attendees for $30.
  • Dance Party with “Party on the Moon”: Aug. 218 – 11 p.m.
    Returning for the 5th year in a row, American’s No. 1 Party Band, Party on the Moon delivers a high-energy evening of the latest dance music, ’80s classic rock, Latin, disco/funk, R&B and Motown. This 13-piece band – with singers, musicians and dancers – has performed worldwide. One complimentary ticket for the party is included with full convention registration. Additional tickets can be purchased by any attendee for $30.
  • Awards Luncheon, featuring entertainment by the Funkywunks: Aug. 22noon – 1:30 p.m. 
    Florida Realtors honors Realtor excellence and service at this ticketed event, including recognizing the Humanitarian of the Year and Realtor of the Year and other award winners. Orlando dance troupe the Funkywunks was a contender on the World of Dance TV show in 2018, making it to the third week of the duels. Judges praised their high-energy, funky and entertaining routines, specifically noting the group’s commitment and innovative choreography. Tickets for the Awards Luncheon are $50 and will be sold until noon on Aug. 22, or as long as they’re available.
  • Closing Session Keynote with Ryan SerhantAug. 224 – 5p.m. 
    Learn Serhant’s professional secrets, as the super sales broker and Bravo TV star tells his rags-to-riches story: “The Four W’s: How identifying Your Way, Work, Wall & Win Leads to Success.” One complimentary ticket is included with full convention registration. One additional ticket can be purchased by full convention attendees for $30.
  • The Trade Expo, Aug. 219 a.m. – 6 p.m., and Aug. 228:30 a.m. – 4 pm.
    The expo features more than 200 industry experts and exhibitors showcasing the latest marketing and technology products. Attendance to the Trade Expo (Expo only admittance) is free!

Some of the sponsors for the 2019 convention include: Title Sponsor, BoomTown!; Titanium Association Sponsors, RAPB +GFLR, (Realtors Association of the Palm Beaches and Greater Fort Lauderdale Realtors) and Miami Realtors; Titanium Sponsors, Northeast Florida Association of Realtors, RealtyWEB.net, Metro Market Trends and Stellar MLS; Diamond Association Partner, Orlando Regional Realtor Association; Ruby Association Partner Sponsor, Royal Palm Coast Realtor Association; Gold Partners, Century 21 and realtor.com; Sapphire Association Partner Sponsor, Naples Area Board of Realtors; Vehicle Sponsor, FCA – Fiat Chrysler Automobiles; Emerald Association Partner, Greater Tampa Realtors and Realtor Association of Sarasota and Manatee; Popcorn Sponsor, Form Simplicity; Registration Bag Sponsor, Florida Realtors PAC; Notepad Sponsor, Find a Mortgage Broker.com; Interactive Wall Sponsor, wizehire; General Sponsors, American Home Shield, America’s Title Corp., gte financial, Realtors Association of Citrus CountyDot Loop, HomeSnap, HomeTeam Inspection Service, Freedomtax International, Loan Genuis, NARPM, Supreme Title and Escrow and Tenantreports.com.

Register online through Aug. 12 for the Florida Realtors convention or by calling 1-800-669-4327. The full event registration fee for members is $150 through July 19 and $160 from July 20 – Aug. 12, 2019. The cost is $175 for non-members through July 19 and $185 from July 20 – Aug. 12. After Aug. 12, registration will be handled at the convention site. For more info, check out http://convention.floridarealtors.org/.

Florida Realtors® serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to its more than 187,000 members in 52 boards/associations. Florida Realtors® Media Center website is available at http://media.floridarealtors.org.

SOURCE Florida Realtors

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360Quadrants Recognizes IBM, Microsoft and Salesforce as Visionary Leaders in the AI in Fintech Space

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AI in Fintech solutions are used by enterprises to perform finance-related tasks that traditionally require human intelligence. These solutions leverage AI-equipped technology to allow the financial sector to design better investment strategies, swiftly detect anomalies, recognize patterns in data, implement voice recognition, and engage in thorough market analysis. Simply put, the AI in Fintech market hosts vendors that provide AI-enabled Fintech solutions.

360Quadrants the most granular comparison platform has released a quadrant on AI in Fintech Solutions to help businesses make quicker and more informed decisions. The quadrant has IBMMicrosoft and Salesforce sharing space as Visionary Leaders. 360Quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analysis and developments in AI in Fintech.

AI in Fintech Solutions Quadrant Highlights

360Quadrants covers 79 companies in the AI in Fintech Solutions space and places the top 44 of them in a quadrant depending on their quality, reliability, and business outcome. These 44 companies are categorized into Visionary Leaders, Dynamic Differentiators, Emerging Companies, and Innovators.

360Quadrants recognizes Intel Movidius Neural Compute Stick, Amazon AWS Alexa, Salesforce Einstein, Google Cloud Platform, Microsoft Cortana Intelligence Suite, and IBM Watson Platform as Visionary Leaders; IPSoft Amelia, ComplyAdvantage, Nuance Virtual Assistance, Inbenta InbentaBot, Digital Reasoning Conduct Surveillance as Innovators; Samsung and Microstrategy HyperIntelligence as Dynamic Differentiators; and DataRobot, Razorthink Big Brain, Numenta HTM for Stocks suite, Anodot AI Analytics, Brighterion Smart Agents, Kasisto Kai BankingNext IT AlmeZestFinance ZAML, Ayasdi Enterprise AI, Voyager Analytics, AlphaSense and Wallet. AI as Emerging Companies. The 360Quadrants platform provides the most granular AI in Fintech Solutions comparisons between vendors.

Additionally, 360Quadrants has dived deep into research and released a niche region-specific quadrant. This quadrant recognizes the top player in the market in specific regions. The regional quadrant covers North AmericaEuropeAsia PacificMEA, and Latin America. Intensive research was conducted to place companies in regional quadrants based on their developments, presence—both online and physical—and support/reach in specific regions. IBM Watson, Salesforce, and Microsoft are recognized as Visionary Leaders across regions. In the North America and Asia Pacific regions, Intel Movidius Neural Compute Stick is recognized as a Visionary Leader by 360Quadrants. Finally, for Latin America and MEA, 360Quadrants recognizes AWS as a Visionary Leader.

Methodology

The methodology used to rank AI in Fintech Solutions companies involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 44 key vendors were shortlisted based on their breadth of product offerings, organization size, and other criteria. The scores and weights for shortlisted vendors against each parameter were finalized post research.  After the finalization of ratings, each vendor was placed in the most relevant quadrant based on their score in the product offering and business strategy parameters.

 

SOURCE 360Quadrants

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