Why B2B platforms struggle to succeed | MIT Sloan | AI Fused With Trade Data May Finally Smooth Clunky Supply Chains | From Education To Pet Care, Meet The Under 30 Asia Innovators In Consumer Tech

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Don't like ads? Go ad-free with TradeBriefs Premium Why B2B platforms struggle to succeed | MIT Sloan - MIT Sloan    Business-to-consumer platforms such as Uber, Airbnb, and Amazon have become business success stories and the staples of everyday life. Yet platform models have been less successful in the business-to-business space, with most B2B platforms still in the launch stage (24%) or scale stage (60%). New research from Capgemini Invent and the MIT Initiative on the Digital Economy found that B2C platform models do not directly translate to the B2B world, and B2B platforms have unique integration requirements. Their goals are also different: B2C platforms typically solve for market failure whereas B2B platforms take aim at coordination failure. Continued here AI Fused With Trade Data May Finally Smooth Clunky Supply Chains - Bloomberg    The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector use data to ferret out risks and opportunities in the $32 trillion global trading system. During the pandemic, government agencies and industries like financial services and telecommunications accelerated their adoption of machine-learning tools. But many involved in trade were caught in analog, paper-laden transactions playing catch-up. Now, after three years of historic trade disruptions, generative AI and language-learning models have emerged just when governments and companies need them to better manage the world's convoluted supply lines. Continued here From Education To Pet Care, Meet The Under 30 Asia Innovators In Consumer Tech - Forbes    Akshay Rampuria and Yashovardhan Poddar founded Openhouse in 2018, partly as an answer to the limitations they saw in the Indian education system. The chain of after-school tutoring hubs offers support in subjects such as math and science, as well as extracurricular activities, including robotics and hip-hop dance. Instead of adopting an e-learning approach, the duo–who made this year’s Forbes 30 Under 30 Asia: Consumer Technology list –are using technology to empower in-person learning. The two Stanford University graduates launched Openhouse in Kolkata before expanding to Bangalore. Each of their eight centers features 5,000 square feet of bright, modern classrooms. The company, which claims 10,000 students, mostly aged 3 to 10, charges a monthly subscription of $35 to $50, depending on the classes taken. Continued here

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