Elite failed to recover from ‘sloppy’ start vs SMB

first_imgWhere did they go? Millions left Wuhan before quarantine MOST READ NSAS make SEAG medal projections Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. Christian Standhardinger wins PBA Best Player award PLAY LIST 01:13Christian Standhardinger wins PBA Best Player award00:50Trending Articles00:50Trending Articles01:31Taiwan minister boards cruise ship turned away by Japan01:33WHO: ‘Global stocks of masks and respirators are now insufficient’01:01WHO: now 31,211 virus cases in China 102:02Vitamin C prevents but doesn’t cure diseases like coronavirus—medic03:07’HINDI PANG-SPORTS LANG!’03:03SILIP SA INTEL FUND Chinese-manned vessel unsettles Bohol town We are young And for reserve Raymond Aguilar, it’s definitely not the way  would like to play if you’re against a team as strong as San Miguel.“Sloppy kasi yung first half namin. Medyo natambakan na kaya ang hirap habulin,” he said. “Pagpasok ko, walang gana. Ang lamig eh, tapos June Mar (Fajardo) agad ang katapat kaya ang bigat.”FEATURED STORIESSPORTSGinebra teammates show love for SlaughterSPORTSFreddie Roach: Manny Pacquiao is my Muhammad AliSPORTSWe are young(Our first half was sloppy. We got down early so it was hard to come back. When I entered, we were already demoralized. We’re cold, then I was matched up against June Mar so it was tough.)With Blackwater’s key guys limited, Aguilar made the most out of his minutes and fired 15 points in the game, 10 coming in the fourth quarter, where the Elite pulled within 11, 101-90. Senators to proceed with review of VFA Smart hosts first 5G-powered esports exhibition match in PHcenter_img Chinese-manned vessel unsettles Bohol town But it wasn’t too long before San Miguel stepped on the gas pedal anew and cruised to its fifth straight win.“Yung laro namin nung second half, yun dapat ang nilaro namin nung first half. Nakahabol naman ng kaunti kaso kapos talaga (Our second half play should have been the way we played in the first half. We trimmed the lead down but it’s too late.),” said the veteran big man.If there’s any silver lining for Blackwater, it’s that coach Leo Isaac can lean on a number of his reserves, with Aguilar and Roi Sumang stepping up late.But it will take more than those two as the Elite seek to secure a quarterfinal seat in their final three games this 2017 PBA Philippine Cup.“Sana maka-dalawa or isang panalo para makapasok kami. Pray lang (ai hope we get two or a win so we can advance. We just have to pray.),” said Aguilar.ADVERTISEMENT PH among economies most vulnerable to virus PBA IMAGESAlready up against a fancied foe, Blackwater made its predicament harder by coming out slow in its 118-93 loss to San Miguel on Friday.That lackluster showing was further put in the spotlight as the Beermen took turns in eviscerating the Elite en route to a 29-point edge at one point in the first half.ADVERTISEMENT Shanghai officials reveal novel coronavirus transmission modes Ginebra teammates show love for Slaughter EDITORS’ PICK Smart’s Siklab Saya: A multi-city approach to esports View commentslast_img read more

Burnley’s pre-season friendly against Hannover abandoned due to crowd trouble

first_imgpic.twitter.com/PmE5ZU1NlT— Andrew Greaves (@AndrewGreaves84) August 5, 2017 Burnley’s match against Hannover was abandoned due to crowd trouble 1center_img Burnley’s pre-season friendly game against Hannover 96 has been abandoned after crowd trouble.The Premier League club were taking on the German side at Turf Moor and were 1-0 up going into half time courtesy of Ben Mee’s 41st minute goal.However, due to advice from police the decision was made to abandon the match at the break following incidents of crowd trouble – with reports of seats being ripped up and thrown.Police began escorting home supporters from the Cricket Field Stand towards the end of the first half and moved in to contain visiting fans.Riot police were also called in to intervene as opposing supporters clashed.Further reports on social media claim some fans of the German team were seen carrying knives.Manager Sean Dyche spoke to Clarets Player HD afterwards saying: “We went on police advice.“We are still kind of piecing together the details but the police decided to make a decision and we fully support that, from myself and the team and the club.“The referee came to see me and said he wanted us in the room just to get a feel for our general thoughts.“I made it clear. It comes down to safety. The police decided to call it off and we support that.“We understand that. It’s important what the team do, but it’s not as important as people coming to a football match. You want safety. You don’t want people to get hurt.“It’s a shame what has happened but it’s done, as simple as that.”Chief Superintendent Chris Bithell, of Lancashire Police, said: “A decision has been taken to abandon the football match between Burnley FC and Hanover 96, following consultation between the police match commander, the referee and Burnley FC’s grounds safety officer.“This follows violent behaviour by a group of travelling Hannover fans, who attempted to attack fans in the home stands, as well as police officers and stewards.“Although a robust policing operation was in place for the match, based on pre-game intelligence, additional resources have now been brought in from across the county to ensure no further disorder occurs.”Burnley will issue a full statement later today.last_img read more

Africa investment ‘will rebound’

first_img17 February 2009Africa’s gross domestic product (GDP) growth is expected to hold up well even as global growth deteriorates, as the structural reforms that many African countries have been implementing over the past few years continue to pay off, a new study finds.And while investment in the continent is moderating visibly as the global economic crisis hits home, it is expected to recover in the medium term, according to a research paper by South Africa’s Industrial Development Corporation (IDC).Released last week, the paper – entitled “Africa and the global economic crisis: opportunities and challenges” – predicted that African GDP would grow at 3.4% in 2009, compared to 5.2% in 2008 and 6.2% in 2007.This compares favourably with global and emerging market GDP growth forecasts of 0.5% and 3.3% in 2008 and 2009 respectively.Widespread economic reforms“Domestic reforms have fostered Africa’s robust growth since early in the new millennium,” the research report states. “Widespread economic reforms and notable improvements in overall governance have borne fruit and attracted foreign investment, while several long-standing conflicts have come to an end, enabling reconstruction in those countries to begin.“This has contributed to vastly improved macro-economic management, rising incomes and spending, increased investment in physical and social infrastructure and foreign investment activity in productive sectors.”According to the report, foreign direct investment (FDI) flows into Africa grew strongly in recent years as low interest rates globally encouraged financiers to support the investment plans of those seeking access to natural resources during the commodity “super-cycle”.Investment growth was “substantially supported by the remarkable performances of commodity-rich countries, particularly (but not confined to) the oil producers,” the report noted.Foreign direct investment (FDI) flows to Africa in 2008 were estimated to be US$61.9-billion, representing a 16.8% increase over 2007, and well in excess of the estimated 3.6% growth rate of FDI flows to developed economies.African exports take a knockWith the global financial turmoil, however, “the pattern of financial flows associated with investment, lending and trading activity has been dramatically altered for the time being,” the report states.“Several African stock markets were caught up in the globalised investor retreat, with positions being liquidated strongly in emerging markets. It has been estimated that portfolio flows to Africa have declined sharply as global liquidity tightened to a mere $5.9-billion in the course of 2008 compared to $15.7-billion in 2007.”Jorge Maia, head of research and information at the IDC, said the impact of the deteriorating global economic environment on Africa’s productive sectors was” being transmitted through weaker external demand and lower commodity prices, with serious implications for external trade receipts and investment inflows.”The World Bank estimates that Africa’s exports fell by 2% in 2008, with significant drops in certain countries (for example, a 30% decline in Angola).Furthermore, Africa’s reliance on advanced economies for export has badly affected their trade balances. Largely reflecting such unfavourable terms of trade movements and net portfolio ouflows, the majority of African currencies depreciated by 10% to 28% against the US dollar in 2008.Commodities again“Normally, major crises bring to the fore not only comparative weaknesses but also comparative strengths,” Maia said. “Thus, economies that successfully weather the downturns are those that exploit their comparative strengths instead of focusing on their weaknesses.“Africa is richly endowed with commodities that are likely to derive long-run benefits given their finite nature and the anticipated resumption in demand as the world’s population grows and economic performances recover.”Therefore, Maia predicted, global growth would resume in the longer term and “support a recovery of commodity prices and renewed investor interest in Africa for its resource wealth.”SAinfo reporterWould you like to use this article in your publicationor on your website?See: Using SAinfo materiallast_img read more

#Nextchat RECAP: SHRM Advocacy – At the Intersection of Work, Workers and Workplace #SHRMLeg

first_imgOn March 13, @shrmnextchat chatted with the SHRM Government Affairs Team and the SHRM A Team @SHRMATeam about SHRM Advocacy-At the Intersection of Work, Workers and the Workplace.If you missed this excellent #Nextchat filled with great tips and advice, you can read all the tweets here or below:last_img

You’ve Got to Be Kidding: A MySpace Credit Card?

first_imgmarshall kirkpatrick Related Posts MySpace is announcing today that it is partnering with Citi to offer its users a co-branded credit card. We expect to start seeing cards flashed at retail outlets by 99-year olds named “bongkillah,” or what have you. MySpace is a lot of things, and despite Facebook’s formidable attack it remains wildly popular, but an institution of trust and responsibility MySpace is not!That’s exactly what the company is aiming to become, though, with this new partnership. The “Generation Forward” campaign will reward credit card users with music downloads and other tokens of thanks when they make “responsible choices” like pay their bills on time, donate to homeless shelters and promise to be nice to small animals. How much more surreal could this get?We’re all for the webification of financial data, with proper privacy and data portability steps of course. We’re big fans of some of the personal finance apps available. We really want to see innovation in this space and even some of the paternalistic shoving towards social responsibility that MySpace is engaging in seems like a good idea.This is MySpace, though. It’s got a lot going for it, but a “responsibility based” MySpace credit card sounds like an Octuplet Mom co-branded condom to us. This just seems too far afield from the brand that made MySpace what it is and we expect the credit cards to be something that more people make jokes about than use. A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Marketcenter_img Why Tech Companies Need Simpler Terms of Servic… Tags:#Digital Lifestyle#news#web Top Reasons to Go With Managed WordPress Hostinglast_img read more

Why You Won’t Be Watching the U.S. Supreme Court’s Healthcare Deliberations on YouTube

first_imgA Web Developer’s New Best Friend is the AI Wai… Chief Justice John Roberts swept onto the U.S. Supreme Court as a camera-ready jurist with an air of modernity. But there’s one area where he has shown little willingness to adapt to the information age: allowing cameras that would let the public watch real time what happens inside the country’s highest court. Advocates for open government have been pushing the Supreme Court for decades to reveal its work in progress to the public at large. And they have had successes. The court once squirreled away audio recordings in the National Archives, often long after the cases had been argued. Today, those recordings are posted to the Supreme Court website every Friday during argument sessions. But video has proven a step too far. With the court expected to release this week its decision on the constitutionality of the health care bill, Chairman Patrick Leahy and Ranking Member Chuck Grassley of the Senate Judiciary Committee are prodding Roberts to let cameras in.“Their work should be as transparent as any other branch of government,” says Bruce Collins, general counsel of C-SPAN, which along with several dozen organizations also asked Roberts to air the health care decision. The court has not responded. As the Supreme Court’s chief administrator, Roberts is the decider on the court’s operations. In his silence, he seems to be doing something for which he’d tear a lawyer to pieces: resting on assumptions.One of the most frequently heard worries is that putting cameras inside the Supreme Court would turn the courtroom into a stage. But there are strong reasons to believe that the internal dynamics of the court would keep participants from behaving badly. Lyle Denniston has covered the Supreme Court for more than 50 years, lately for the closely watched SCOTUSblog. “A lawyer gets up in the Supreme Court and… knows that they have one task – that is, to persuade five people,” Denniston said in a C-SPAN interview. The audience is the nine folks in robes, and there’s a very good chance that the focus it takes to win over a majority is a more powerful force than the desire to make a flashy public showing.And there’s a similar thing happening on the bench. During oral arguments, the justices are working to win over one another. Ironically, that might help to explain a phenomenon, noted in lower courts, where justices appear to become more conservative on camera. They seem to grow increasingly worried about protecting both collegiality and the court’s authority.Several newer justices, for instance, have testified during their confirmation hearings that live Supreme Court footage seems like a pretty good idea. “I think it would be a great thing for the institution, and more important, I think it would be a great thing for the American people,” Elena Kagan testified during hers. Once on the court, though, by all appearances they refrain from rocking the boat. Stephen Breyer’s evolution sums up the trend. While chief judge of the U.S. Court of Appeals for the First Circuit, he volunteered his court for cameras. But after a decade on the Supreme Court, Breyer said that the justices are trustees of a “reputation of great importance so that government will work fairly in America… And not one of us wants to take a step that could undermine the courts as an institution.”Breyer’s framing suggests a failure of imagination. The flourishing open government movement isn’t simply about peeling back the curtain on wrongdoing. Openness can be affirming, too.And that raises the possibility that Roberts and company are actually damaging the court by closing it off. “By being somewhat remote from the popular culture,” C-SPAN’s Collins explains the argument (which he disagrees with, naturally), “they retain the dignity and therefore enhance the authority of the court.” Yet documentary footage provides fodder for dissections that remind us all that these opinions aren’t descended from the heavens. There’s public appetite for it, and in the digital age, there are the tools to do something with it. SCOTUSblog’s in-court live blog, for example, drew a reported 70,000 readers on Friday, when there was a chance that the court was going to issue the health care decision. (That prompted an Atlanta Journal-Constitution reporter to tweet, “One day we’ll tell our grandkids about how we were using Cover It Live [sic] to figure out what the Supreme Court is doing.”)A less mysterious Supreme Court would be more tightly moored to American life as a whole, in the same way that Americans tend to hate Congress but approve of their congressperson.If there’s something that Chief Justice Roberts has proven skilled at, it’s threading needles. Here, he has a chance to figure out a decision everyone can rally behind. Congress, for its part, lets C-SPAN’s cameras in but doesn’t allow for reaction shots. Roberts could get similarly creative, like stationing a camera behind the bench – good live-blogging material, bad source footage for “The Daily Show.”Behind-the-bench shots might reveal bald spots. But it’s not such a bad thing for the public to be reminded actual humans are up on that bench. Top Reasons to Go With Managed WordPress Hosting Tags:#Government#web Related Posts center_img Why Tech Companies Need Simpler Terms of Servic… nancy scola 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Maintaining a Software-Obsessed Tech Industry is Self-Sabotage

first_imgRelated Posts Can we see that maintaining a software-obsessed tech industry is self-sabotage? As a venture capitalist, I know there’s incredible excitement around quantum computing. Yet, as a material scientist, I also see the technology is at least five years away from commercialization. Once again, we see a bias that plagues the tech community: software overshadowing hardware. But, continuing with the software-obsessed tech industry is self-sabotage.Investors have spent much of the last decade focused exclusively on applications (and still seem to be), just as platform providers like Google and Amazon have come to dominate.With the maturation of artificial intelligence, however, the software-first focus must shift increasingly toward hardware.Even more nuanced, we should work toward hardware-software integration.The good news: It seems that shift has already begun — and with the biggest fish in the pond. Apple is already well-known for its game-changing hardware innovations. It very recently hinted toward its latest watch, touted as an impressive piece of hardware that Apple fans are already drooling over.Other industry leaders would do well to follow suit with moving the software-obsessed tech industry.In healthcare, for example, a 2019 Accenture survey shows that two-thirds of executives believe that “DARQ” — distributed ledger, AI, extended reality, and quantum computing — technologies will transform their organizations. 89% are already pursuing implementations. If their focus is solely on software, however, these initiatives will fail. Fitness trackers capture in-depth patient data, and hardware is the portal through which data flows. Without this data, AI is irrelevant.True innovation lies in the integration of hardware and software. Hardware is the data entrance and collector, while the AI software layer handles analysis and delivers insights. If data-driven technologies are going to drive the future of tech, we must adopt a hardware-software integration approach.Hardware at the ForefrontReorienting toward hardware won’t be easy for a tech ecosystem that remains so focused on software. The existing giants must adopt drastically new business models, and startups must work to master hardware. Whoever successfully integrates hardware and software will win the next era of tech.Acknowledging this reality, Google and IBM are racing to develop data capabilities.Being able to process mass amounts of data at the point of collection (the hardware), rather than sending it first to the cloud, is critical for giving “smart” technology the intelligence it needs.Therefore, experts project only 20% of all data will be stored in data centers and the cloud by 2025, down from 80% currently.As more time and money go toward hardware, our assumptions about tech will change. Consumers, for example, have grown used to a model where they exchange personal data for a “free” service. However, privacy concerns sparked by platforms like Facebook make this model less sustainable.More importantly, collecting data through hardware rather than platforms yields richer data in more significant quantities. Moving forward, consumers will likely pay for more services (and their attendant hardware) but expect more privacy in exchange.Similarly, the demand for tech talent will evolve. Tomorrow’s computer scientists must understand the engineering behind hardware just as well as they understand the software. Cybersecurity skills will also become a priority. Software is already rife with vulnerabilities, but a world filled with internet-connected hardware increases possible points of attack. Hardware will not fulfill its potential without addressing security concerns first.Adjusting Expectations Around HardwareTaking a hardware-first approach sounds like a substantial change from the current tech landscape, yet some companies have already adopted it. Apple, for instance, creates hardware and software, and it succeeds because both are integrated. Essentially, Apple owns the entire ecosystem its users occupy, which allows the company to deliver greater privacy and security while also monopolizing user engagement.It’s time for the investor community to admit that hardware matters, and though the timelines may take longer, the returns are just as rewarding.Similarly, founders must begin grappling with hardware development challenges if they’re going to remain relevant. Finally, consumers should expect more from tech and be ready to pay for it. What it Takes to Build a Highly Secure FinTech … Tags:#hardware#Software#startup#Venture capital Lu ZhangFounder & Managing Partner at Fusion Fund AI: How it’s Impacting Surveillance Data Storage Lu Zhang is the founder and managing partner of Fusion Fund, a company dedicated to promoting early-stage venture capital for entrepreneurs. Follow the Puck Role of Mobile App Analytics In-App Engagementlast_img read more

How to Avoid Being Part of 90% of Failed Companies

first_imgAashirvad Kumar is Founder of Tele Trick Mania and SEO Executive at Builds Worth Digital Marketing Agency Pvt. Ltd. He is blogging since 2016 on technology niche. He has experience of more than 2.5+ years in Digital Marketing. What Nobody Teaches You About Getting Your Star… Aashirvad Kumar How OKR’s Completely Transformed Our Culture As an entrepreneur, you have probably heard or read the “maxim” that only 10% of startups are successful, but is this true? And if so, what strategies can you apply with your company so that it is not part of the failures of statistics? How can you avoid being part of the 90% of failed companies?The failure figures — avoid being part of 90 percent.There has been a general idea that almost all entrepreneurial companies fail to be successful. However, Doing some in-depth research to show you how true this statement is and we must conclude that, although there is no consensus on the figure, it is at least 60% in all cases.According to a study by CB Insights (2017), a software that gathers essential data from investors, companies and industries, more than 70% of startups do not exceed the first stage of venture capital investment. These results were obtained after the following rounds of financing of more than 1000 technology companies in the United States. The rounds were conducted from 2008 to 2010, starting from seed capital. Only 46% of these companies were able to raise enough for the second round of financing.It should be noted that this percentage decreased as the rounds progressed, obtaining a final figure of 1% success, in which are companies currently recognized as Uber or Airbnb and that in the study were valued at more than one billion dollars (unicorn companies).These conclusions coincide with an investigation carried out in 2012 by Harvard Bussiness School professor Shikhar Ghosh, who, in addition to studying more than 2000 companies that received venture capital investments of at least one million dollars from 2004 to 2010, interviewed to entrepreneurs and carefully registered the portfolios of investment firms, to conclude that approximately 3 out of 4 startups fail.Despite the results of both investigations, not everyone agrees with such high figures. Fortune published an article titled, Conventional Wisdom Says, 90% of Startups Fail. Data Says Otherwise.The data says otherwise) it was indicated that, according to global investment firm Cambridge Associates, the failure rate for startups has not exceeded 60 % since 2001, based on the monitoring of venture capital investments of 27,259 startups between 1990 and 2010.Why do so many companies fail?After CB Insights’ investigation yielded such an alarming figure of failure, the company decided to compile more than 100 post mortem letters from different startup founders to discover the reason for the failures. Finally, they found a pattern in all the trials and summarized the reasons for the failures of which I have highlighted some below:1. The product/service did not satisfy any need in the market.It is fundamental that during the market research process, you observe if what you have in mind can solve some substantial problem in it. Many entrepreneurs with the enthusiasm to test their idea, downplay this aspect, with the conviction that they can persuade their target audience to buy their product or use their services, which, as we see, does not end up happening.2. No money to continue investing.Being cautious and disciplined with your finances can be the difference between maintaining your project so that you can eventually succeed and be completely bankrupt. That’s why it’s crucial that you design a plan where you specify very well where your resources will be allocated.Questions that should be addressed:What will your return on investment be?What’s the expected growth rate?What can you do in case of an emergency?Where you can turn when you need financing quickly.Don’t leave room for improvisation.Try to foresee the scenarios for your company.Avoid any surprises and avoid future problems.3. Choosing the wrong team or not including potential partners.A lot of materializing a company has to do with the people you are working with. It’s paramount that from the beginning you delimit the responsibilities of each member of your team within the company. Ensure that everyone can fully execute their tasks.In addition to this, CB Insights points out that, in some cases, the company founder indicated that it was a mistake not to have chosen a better partner to balance out a team. The company found felt another person could have helped them think better when faced with vital decision making. So, having someone who can help and advise you in complicated processes will be positive for your company.4. Not paying attention to the competition.While it’s not advisable to obsess over companies competing in your field, it’s always a good idea to be aware of their business models, the updates they make, and how your product/service may have an advantage over theirs. Some founders pointed out that disconnecting from what their opponents were doing did not allow them to see that they had already managed to solve the market problem more efficiently.5. To set a lousy price in relation to its quality and cost.Finding the right price for your product / service can be a real nightmare, because you must take into account the quality of it for customers and all the money you must use to produce it, so it is crucial to find a way that is accessible in relation to its quality and in turn, allows you to cover production costs and obtain a profit margin that will enable you to grow.6. That the product is not friendly.Sometimes entrepreneurs are so rigid about how they want their product/service to be carried out that they consciously or unconsciously ignore what may be best for users, so sometimes some personal aspirations have to be sacrificed so that our product/service can be used easily and is really beneficial to the public.7. Having a good product but a wrong business model.Business models are usually strong allies when looking for future investors for your company, so it is essential to have a tool that clearly details what is the need of the market you are targeting, who is your target audience, how you plan to create your product/service, how you will spend the funds you own or how you will get financing, etc.. It’s no use having a good idea if you don’t know how to execute it properly. The more planned you are in this aspect, the better, then you will have a better chance of succeeding in selling your product.8. Having a poor marketing strategy.Marketing is the friend we often underestimate. A good approach in this sense will allow us to expand the reach of our product/service and will be able to help us significantly to gain the attention of future customers. Also, depending on the market our company is in, it can be challenging to differentiate yourself from the competition, so you must make sure your team has someone expert in designing smart campaigns for your product before it’s too late to realize you needed it.9. Don’t listen to our customers.If you are going to be a company that ignores the needs and suggestions of your users, then you are destined to fail.  Receiving feedback is always positive, both for you and for the customers, because not only do you make sure you offer a quality product/service, but they can help you improve the perspective you may have on the market, and finally you will understand much more how you can increase your chances of success in it.  Don’t wait to be at an advanced stage of the project; test yourself from the beginning to adapt to people’s needs.10. Wrong time to launch the product.This tends to happen, especially in companies related to technology because in these times, everything moves so fast, many entrepreneurs rush to market a product that may be considered average or not good enough.  It can also happen the other way around when the entrepreneur launches the product late and can no longer compete.11.  Losing focus.Many times during the execution of a project, the founders and the team begin to doubt about the sacrifices they must make. They get distracted with other projects, with problems that have nothing to do with the business and end up losing their way.  This is why it is crucial that as an entrepreneur, you take a moment to clear your head and remember the reasons why you decided to start the project.Think about what you really want to achieve in what you are building. This way, you will avoid wasting time and start devoting yourself to what you really want.  It’s easy to lose focus when there’s so much noise, so stopping and thinking is the right thing to do.12.  The disagreement between founders, teams, and investors.As noted above, not only is it essential to have a reliable team that paddles in the same direction as you, but you must also make sure that your best investors understand the route you want to take with your company and the vision you have for it so that you don’t let them get in the way of your goals.ConclusionThe most recommendable thing is to study well each one of the raised motives and avoid the above scenarios.  In addition to this, I consider it vital to stay positive because that will allow you to get up much faster in case something happens inside the company, which corresponds to what some of the experts have mentioned in relation to the perception of failure.In case you consider, you don’t have some skill, for example, the necessity to know how to sell your product to investors. It is important to recognize it and solve it as soon as possible. Adding a co-founder or someone from your team who can perfectly execute this task. Surround yourself with people who can complement what you lack as an entrepreneur, so you will find a balance and take risks will be more bearable.center_img Related Posts China and America want the AI Prize Title: Who … Trends Driving the Loyalty Marketing Industrylast_img read more

A Look at How Convenience is Driving Connected Devices

first_imgThe number of connected devices on this planet has nearly doubled in the last five years. There are currently an estimated 26.66 billion of them around the world, with as many as 75.44 billion expected by as early as 2025. The question is, what’s driving these massive and skyrocketing adoption rates?The Pursuit of ConvenienceMeet Jake. He’s a lot like you. When it comes to technology, he’s your standard millennial. He has all of the basic gadgets and gizmos, plus a couple of luxury items that he was easily able to purchase off the shelf. This is his morning routine:Jake’s fitness tracker gently buzzes him awake every morning at precisely 6:30 a.m. He taps the snooze button, sleeps for another seven minutes, and then gets another gentle buzz on his wrist. This time Jake opens his eyes. He grabs his smartphone beside his bed and opens up his smart home hub app. He disarms the security system, turns the heat up a couple of degrees on the thermostat, and sends a signal to his coffee maker to start percolating. Next, Jake gets out of bed, walks to his bathroom, and adjusts the little thermostat box that controls the heating mechanism beneath his cold marble floor. Within minutes, the temperature of the floor rises to the precise temperature that he likes and his feet are toasty warm. This prompts Jake to consider what he’ll wear today. “Hey Alexa…what’s the weather forecast for today?”Upon showering and dressing, Jake walks down to the kitchen and grabs his freshly brewed cup of coffee. He pilfers through his pantry but doesn’t find anything he wants to eat for breakfast – but that’s not an issue. Jake simply pulls up his favorite food delivery app and schedules a breakfast burrito to be delivered to his office at precisely 9:05 a.m.Before heading off to work for the day, Jake performs a couple of taps and swipes on his phone. Instantly, his car starts remotely and the seat warmers kick on. He walks out of his apartment and his security system recognizes that he’s left the premises. His doors lock, the alarm activates, and his thermostat readjusts to an energy-efficient setting.Finally, Jake sits down his the driver’s seat of his warm vehicle and his navigation system automatically provides him with the perfect route to the office based on real-time traffic patterns. It notifies him that this route is 14 minutes shorter than the standard route, which will ensure he arrives in time for his hand-delivered breakfast.You and Jake aren’t that different. The details of your routine may vary, but the underlying drive behind what you do, how you do it, and when you do it is the same: You crave convenience and comfort.You might think your morning routine looks a bit average, but it’s anything but mediocre when viewed through the lens of history. You have more technology inside your house than entire countries had just 30 years ago. Yet, you’ll continue to buy new devices, upgrade the ones you have, and dream up new ways to use emerging gadgets. For example:If you need to buy a bunch of groceries for the week, but don’t have time to meander through the aisles and shop for yourself, you can easily hire a personal shopper from a smartphone app and pay just a few dollars to have the items delivered to your doorstep.Need to sell your vehicle but don’t want to deal with the hassle of running around town from dealer to dealer? Using a cash car buying service in your area, you can list a car, have a company come to your driveway, and receive cash/transfer title with nothing more than a smartphone.Want to water your lawn while you’re away on vacation? A smart sprinkler system can be installed and remotely activated/programmed for a very small investment.Convenience is at your fingertips. There’s no need to feel guilty about it – that’s just the way it is. In modern culture – specifically the Americanized version – convenience decides everything. It makes our decisions for us, even when our personal preferences say otherwise.“Convenience has the ability to make other options unthinkable,” Tim Wu writes for The New York Times. “Once you have used a washing machine, laundering clothes by hand seems irrational, even if it might be cheaper. After you have experienced streaming television, waiting to see a show at a prescribed hour seems silly, even a little undignified. To resist convenience — not to own a cellphone, not to use Google — has come to require a special kind of dedication that is often taken for eccentricity, if not fanaticism.”As technology improves and the number of connected devices swells, convenience becomes even more accessible. It’s no longer a question of if something can be made easier, but by how much. Convenience is driving purchase decisions and, in turn, the products tech companies invest in. And as inconvenience is slowly weeded out of our lives, it’s fair to ask the question: What are the ramifications of this shift?Risks and Concerns AboundThe relationship between convenience and connected devices is a lot like the relationship between the chicken and the egg. Has the desire for increased convenience led to the massive growth in connected devices, or has the growth in connected devices spawned a desire for more copious amounts of convenience? In all honesty, it’s probably a little bit of both.We’re at a unique junction in the growth and development of connected devices where people want to utilize the conveniences they have available to them, but are somewhat hesitant to go all-in. According to a recent survey of 20,000 global consumers, 48 percent of Americans say they’re comfortable if a device, such as a refrigerator, orders items on their behalf without asking. However, 62 percent say they want approval before purchases are consumed. A hefty 78 percent want a notification before an order is placed.The same study suggests that, when it comes to connected devices, security is the top concern. Roughly three out of four consumers are worried that manufacturers will share their personal data. And then there’s the issue of overreach. While 51 percent of consumers say they understand the benefits of conveniences that connected devices provide, 54 percent say they don’t understand why devices – like refrigerators – need to be connected to the internet.If you zoom out and look at connected devices from a macro perspective, concerns over security are substantial. The interconnectedness of the IoT means there are more entry points into networks than ever before. All it takes is a single compromised device to produce a costly domino effect.“In the past, an attack on critical infrastructure meant damaging a building or destroying a weapon. Now, any Internet-enabled device connected to the network – be it a smart phone or an internet-connected thermostat – can serve as a hackable entry point and an attack on critical infrastructure,” Mesay Degefu writes for NetCentrics. “This is evidenced by events like Target’s data breach via HVAC, leaked account credentials from a ‘smart’ teddy bear, and even hacked smart TVs.”The Future of Connected DevicesAmerican consumers want convenience. They want to live lives that are easy, simple, and free of unnecessary encumbrances and pressures. In fact, most feel entitled to lives of ease.Moving forward, the challenge lies in delivering convenience without compromising security. In other words, tech companies must find ways to satisfy the insatiable desire for ease, simplicity and comfort, without putting personal data and privacy at risk. And unfortunately, this is far easier said than done – especially in a business landscape where money is the biggest controlling factor.“Americans say they prize competition, a proliferation of choices, the little guy. Yet our taste for convenience begets more convenience, through a combination of the economics of scale and the power of habit,” Wu writes. “The easier it is to use Amazon, the more powerful Amazon becomes — and thus the easier it becomes to use Amazon. Convenience and monopoly seem to be natural bedfellows.”When monopoly sets in, businesses feel less compulsion to do the right thing. Instead of offering convenience and security, companies will focus in on the former at the expense of the latter – because it sells.People say they care about privacy, but continue to buy devices that openly harvest their data and leave them exposed. Until collective desire for security supersedes cravings for convenience, this will be the state of the market. Frank Landman Related Posts Why IoT Apps are Eating Device Interfaces Follow the Puckcenter_img Frank is a freelance journalist who has worked in various editorial capacities for over 10 years. He covers trends in technology as they relate to business. What it Takes to Build a Highly Secure FinTech … Trends Driving the Loyalty Marketing Industrylast_img read more

What’s Next for Tablets in Business? Intel Insiders Weigh In

first_imgWe sat down with General Managers of Intel’s Mobile and Communications Group, Hermann Eul and Erik Reid, to hear their insiders’ perspective on the current state of tablets, and what to expect as tablets become more deeply integrated as a business tool.Recent research shows that more than one-third of American adults own tablet computers, and more than half own a smart phone. Hermann and Erik confirmed that the demand for mobile devices and tablets is expanding at a rapid rate, especially in business, where employees are eager to work on the same devices they love to use in their personal lives.Unlike the mobile devices meant only for consumer use, PC tablets – praised for their seamless network integration, secure systems and ease of implementation – have seen a recent rapid cross-industry adoption.Intel is bridging the gap between what makes a tablet great for work vs. play by making tablets that enable a great consumer experience while also being business-ready. Some of the work-friendly features of tablets powered by Next Gen Intel® Atom™ processors include: Tablets – and their integral role in the consumerization of IT – have been one of this year’s hottest business tech topics. The 2013 Intel Developer Forum, where industry-leading developers, engineers, technology managers and business leaders gathered to discuss trends in tech and business, was no exception. App compatibility – rather than virtualizing an enterprise’s entire app portfolio, PC tablets run existing Windows applications immediatelyFlexibility to manage tablets with existing PC tools or with an MDMBusiness-trusted security features, including Intel Platform-Trust Technology, Hardware Enabled Encryption and suite of identity protection technologies that keep user identity and data safe for both everyday e-commerce and enterprise authentication64-bit support available first quarter 2014More than 10-hours of active battery life – enough to get through a long workday without a recharge!Responsive performance (2X better CPU performance from previous generations) and stunning visualsThese reliable and powerful business tablets could revolutionize day-to-day business operations in every industry. In our interview, Erik described a specific instance of how tablets could change something as previously cumbersome as inventory management: “for example, having a tablet and device with you to see the stock – what’s in and what’s out – being able to update in real-time, and having very accurate information is hugely beneficial from a productivity standpoint.”For more examples of tablet-enabled productivity, and Hermann and Erik’s candid insights for what the future holds for tablets, check out the interview:center_img This is the first installment in a series of blogs from Hermann and Erik that will explore how PC tablets are being introduced to real-world business toolboxes. Upcoming posts will take a closer look at creating new mobile work flows using case studies in healthcare, education and energy.What should you consider when picking a business tablet? Click here for more information. For more conversations about IT Center and business tablets, click on the Hashtags below:#itcenterOpens in a new window #tabletslast_img read more