When we talk with leaders about what they mean by digital, some view it as the upgraded term for what their IT function does. Others focus on digital marketing or sales. But very few have a broad, holistic view of what digital really means. We view digital as the nearly instant, free, and flawless ability to connect people, devices, and physical objects anywhere. By 2025, some 20 billion devices will be connected, nearly three times the world population. Over the past two years, such devices have churned out 90 percent of the data ever produced. Mining this data greatly enhances the power of analytics, which leads directly to dramatically higher levels of automation - both of processes and, ultimately, of decisions. All this gives birth to brand-new business models. Think about the opportunities that telematics have created for the insurance industry. Connected cars collect real-time information about a customer's driving behavior. The data allow insurers to price the risk associated with a driver automatically and more accurately, creating an opportunity to offer direct, pay-as-you-go coverage and bypassing today's agents.
Lacking a clear definition of digital, companies struggle to connect digital strategy to their business, leaving them adrift in the fast-churning waters of digital adoption and change. What's happened with the smartphone over the past ten years should haunt you - and no industry will be immune.
Editor's Note: The good news is that this method is as accurate as the current PCR method and can be used to test for new viruses in the future as well, but the bad news is that it's still in the research phase in South Korea. It might be a while before we see commercialization at scale.
Editor's Note: Well, in India, everyone first becomes an engineer, then figures out what they want to do in life. The Kerala Krusher is determined to put India on the world MMA map.
China says it has the capability to make Atal Tunnel unserviceable during a war Much to the displeasure of China, Indian PM Narendra Modi recently inaugurated the Atal Tunnel which connects Manali to Leh (Ladakh) in the presence of Defence Minister Rajnath Singh, Cheif of Defence Staff (CDS) General Bipin Rawat, Army Chief General MM Naravane and Himachal Chief Minister Jairam Thakur. After Apaches, Chinooks & Poseidons, Boeing Looks […]
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Editor's Note: She combines an understanding of economics with the power of innovation (where costs will decline over time, creating real demand). Her flagship $8.6 billion Ark Innovation Fund is up a staggering 75% in 2020 and has returned an annual average of 36% over the past five years, nearly triple that of the S&P 500.
Editor's Note: "Why not put power right where you need it?" he asks. "You don't need to make a big monstrous object [like a generator] ... you just put it in every little thing that needs it right where it needs it. I think that's my best answer honestly... that's what we envision, rethinking power and [how it's] distributed."
Editor's Note: Local coverage with scale seems to be the magic sauce here. Also, the move away from programmatic to direct ad sales is interesting. High quality publishers gain the most by working directly with advertisers.
Editor's Note: "The president has access to the best medical care in the world, along with a helicopter to transport him to the hospital as needed. The rest of us who don't have such ready access to care should continue to worry about Covid, which has killed a million people around the world in just a handful of months."
Dharmendra ji is leading our flood relief in Bihar and a source of constant inspiration for us to provide more help to the flood victims. You can call him @ 9431477171 if you want any direct feedback from the ground level or for sending any material. Convenient timings to call: 7:00 AM to 9:00 AM in Morning (IST) 10:30 PM to 12:00 AM in Evening(IST)
Latest Update: Health care, a prime concern at the moment. As the water is receding in some areas, they are becoming epidemic prone !
This blog has information received from Bihar on flood relief efforts undertaken by AID, AID India and partners. Donations links:
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