Let algorithms make real-time decisions for your company

algorithms

Operational analytics  not only predict what the next best action is, but also cause the action to happen without human intervention.

In the future, just having predictive models that suggest what might be done won’t be enough to stay ahead of the competition. Instead, smart organizations are driving analytics to an even deeper level within business processes—to make real-time operational decisions, on a daily basis.

 

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The ‘sharing economy’ – sharing isn’t free and price gouging isn’t mean

uber-surge-pricing

Uber implements “dynamic pricing,” which some customers see as price gouging.

There is plenty of press these days on the pros and cons of the so-called “sharing economy.”  Consider the diverse takes last week from MIT Technology Review, the New York Times, and the Kansas City Star.

 

 

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How digital technologies are changing the physical world

digital tech

Our physical world is now technology-enabled by the digitization of everything.

Ted Hall, CEO of ShopBot Tools, which designs and manufactures digital fabrication tools priced for individuals and smaller manufacturing shops, says “complexity is cheap now, and quality is almost free.”

 

 

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Angel Investing: Rise of women investors fuels businesses run by women

women investors

Amy Norman and Stella Ma started pitching investors on their San Francisco-based startup, Little Passports, in 2009. Both women had young children and Norman was pregnant. The overwhelming majority of the investors they met with were men who wanted to know “if we were running this as a ‘lifestyle company,’” Ma recalls. Investors passed and word got around Silicon Valley that “there’s no way women like this could grow a company fast enough” to satisfy venture capitalists, Norman says.

 

 

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Tesla cars will run on autopilot within 5 years: Elon Musk

tesla

Self-driving cars could save thousands of lives per year.

Tesla Motors CEO Elon Musk says self-driving cars might be on the roads faster than most people think. Musk told reporters in Tokyo that Tesla is developing the technology for “full autopilot” consumer cars in just five years.

 

 

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The zero marginal cost economy

car sharing

The consumer “sharing economy” gives us a taste of what it’s like to live in a world where we own less.

There’s a tremendous change going on right now in our society. Those of us who enjoy services like Uber and Kickstarter are experiencing it firsthand. The sharing and collaboration practices of the internet are extending to transportation (Uber), hotels (Airbnb), financing (Kickstarter, LendingClub), music services (Spotify) and even software development (Linux, Drupal).

 

 

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Culture clash looms over the Internet of Things

dropcam

Dropcam’s computer algorithm lets a camera know who people are in the field of view.

There’s a gold rush underway to connect our devices to the web. For many, the devices are the keys to the kingdom — either riches in the form of selling data or from creating a widely used platform for services or applications. Yet what is becoming increasingly clear is that these models reflect a divide between cultures when it comes to the internet of things.

 

 

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10 wearable technologies that are competing to win half a million dollars in the Make It Wearable Challenge

vumbl

Vumbl

Some interesting partnerships have been created in the race to create the next big thing in wearable technology. Big brands from the fashion and technology industry are teaming up to design products that go beyond fitness trackers.

 

 

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Cignifi raises funding to provide credit scores for people in emerging markets

mobile-money

Cignifi relies solely on mobile phone behavioral data.

Financial institutions, in the developed world, use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms.. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history.

 

 

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