Posts Tagged ‘automation’
IBM far outranks Microsoft as blockchain industry leader, report says
In July, Juniper said that more than half (57%) of the world’s large corporations are considering the deployment of their own blockchain solutions.
Source: IBM far outranks Microsoft as blockchain industry leader, report says, Ryan Browne, September 18, 2017
Read MoreForging ahead with Blockchain in 2018: My Focus in 2018 for Blockchain Technology and Transforming Industries, Government and Our Lives | LinkedIn
The blockchain ecosystem, driven by new business models, promises of disintermediation, and interesting technological innovation, has behaved much like an adolescent by throwing tantrums, challenging the status quo, and defying all odds to make a point.
The permissioned network, which is the realm for regulated, conventional, and enterprise business networks, may also have to embark on a journey of uncovering the right incentive and economic model for enterprises and organizations to join a platform that leverages the notion of creation, distribution, and sharing of rewards benefitting all stakeholders. While not all conventional business and industries can blindly adopt the economic incentives of tokenomics (either due to product catalogues, legacy systems, or regulation, or simply the will of the participants), it is imperative that industries start the journey to explore the right business model that will not only enable value creation but also elevate the modernization efforts that many industries desperately need to combat disruptive forces.
Source: Forging ahead with Blockchain in 2018: My Focus in 2018 for Blockchain Technology and Transforming Industries, Government and Our Lives | LinkedIn, Nitin Gaur, December 31, 2017
Here’s my $0.02 USD or, as of this post’s date, 0.000001 Crypto Comment on the post:
Read MoreI find the Divide a funny thing. Do you think Enterprise players would be so quick to adopt these technologies if it were not for the whacky ICOs and crypto market capitalizations? Congrats to both sides of the Divide; the decentralist trailblazers and players like IBM and other Linux Foundation members for recognizing they are on to something but need to focus on matters like those posted by Nitin for enterprises to start listening.
Happy Trails to both sides of the divide in 2018!
How To Avoid Disruption | LinkedIn
So, the key to surviving disruption is mastering the balance between structure and innovation. Between achieving results and finding new opportunities.
It’s investing in innovation and opening your business to people with new ideas.
Source: How To Avoid Disruption | LinkedIn, James Caan, January 2, 2018
Read MoreWhat Successful Digital Transformations Have in Common | HBR
We found six important and statistically robust factors that predict the probability that an incumbent company will choose the path of being a reinventor. They are, in order of importance:
1. Obsess about turbulence on the horizon
2. Understand all risks, not only those from startups
3. Deliver a dual offensive: core and diversification
4. Fix leadership skills first
5. Prioritize demand-centered business play
6. Experiment with frontier technologies
Source: What Successful Digital Transformations Have in Common | HBR, Jacques Bughin & Tanguy Catlin, December 19, 2017
Read MoreThe growing power of disruption and technology
“Our world is in transition from a model of business we are familiar with to one that is in many instances still undefined,” added Uschi Schreiber, EY’s global vice chair for markets and chair of the firm’s global accounts committee.
“The pace of change is unprecedented. Too many CEOs and boards are still focused on only one thing: short term efficiency and productivity improvements. But what’s needed is also a focus on the medium term and on building the future,” he said. “This requires not just the use of up-to-date technology; it also means investing in innovation and being prepared to take some risks. Thinking and operating in duality can help corporations to seize the upside of disruption by focusing on their current success and growth as well as building the foundations for growth in the future.”
Two-thirds of respondents to Deloitte’s poll for that report associate technology advances with new opportunities and positive outcomes, with “emerging technologies” integral to the playbooks of private companies.
Source: The growing power of disruption and technology, Sean Kilcarr, December 20, 2017
Read MoreDigital Transformation. Many can talk about the “why”. Few can talk about the “how”. Here’s “How” | LinkedIn
For companies to build value and provide compelling customer experiences at lower cost, they need to commit to a next-generation operating model. This operating model is a new way of running the organization that combines digital technologies and operations capabilities in an integrated, well-sequenced way to achieve step-change improvements in revenue, customer experience, and cost.
Source: Digital Transformation. Many can talk about the “why”. Few can talk about the “how”. Here’s “How” | LinkedIn, Hans Casteels, December 20, 2017
Read MoreMIT to Issue Diplomas Using Bitcoin Blockchain | Bitcoin
MIT states that the program allows students to “share their diplomas almost immediately with whomever they please, free of charge, without involving an intermediary.” The institution also points out that “thanks to the blockchain, the third party can easily verify that the diploma is legitimate without having to contact the Registrar’s Office
Source: MIT to Issue Diplomas Using Bitcoin Blockchain
Read MoreFrom bots and AI to counterfeit reality and fake news, Gartner’s top predictions for 2018
3. Legitimized Cryptocurrencies
By the year 2020, the banking industry will derive $1B of business value from the use of blockchain-based cryptocurrencies — When compared to the estimated $7.6 trillion that is the industry gross output of the world’s banking industry, $1 billion may not seem like much. However, the value is more about the tacit endorsement of cryptocurrency as a legitimate option by the banking industry. With the legalities of cryptocurrencies also being worked on and more than 900 cryptocurrencies on the market, the banking endorsement could open doors to other industries.
Source: From bots and AI to counterfeit reality and fake news, Gartner’s top predictions for 2018, Daryl Plummer, Gartner, October 17, 2017
Thanks, Laurent!
Read MoreWhat Your Innovation Process Should Look Like | HBR
When organizations lack a formal innovation pipeline process, project approvals tend to be based on who has the best demo or slides, or who lobbies the hardest. There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. And they count on well-intentioned, smart people sitting in a committee to decide which ideas are worth pursuing.
Instead, what organizations need is a self-regulating, evidence-based innovation pipeline. Instead of having a committee vet ideas, they need a process that operates with speed and urgency, and that helps innovators and other stakeholders to curate and prioritize problems, ideas, and technologies.
Source: What Your Innovation Process Should Look Like | HBR, Steve Blank, Pete Newell, September 11, 2017
Read MoreLeveraging artificial intelligence in accounting | Acuity
- Computer-based automation and cognitive learning are seemingly the perfect match for the accounting industry.
- AI could drastically reduce the reliance on human smarts in a wide range of applications.
- AI will leverage a human’s ability to perform tasks, not entirely replace them.
Source: Leveraging artificial intelligence in accounting | Acuity
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