“If white-collar workers are told the downtown office is forever optional, some will take their superstar-city jobs out of superstar cities. That much is obvious. But these shifts, even if they are initially moderate, could lead to more surprising and significant changes to America’s cultural, economic, and political future.”
via The Atlantic
“Future banks will operate in different modes: direct to consumer, as-a-service, marketplace seller, and platform owner — all of which may operate concurrently. Yet no bank will do any of this alone.”
“Many B2B technology and service providers approach go-to-market (GTM) strategy in silos. First, they develop the product and identify the market segmentation, then they create sales and marketing strategies. But buyers increasingly expect more.”
Here’s a better way: “Overcome Data-Driven Agile Marketing Shortfalls.”
An intelligent robot that works independently 21.5 hours a day is helping scientists at the University of Liverpool with their research. Using artificial intelligence (AI), a flexible arm and a customized gripper, it could speed up scientific discovery and give researchers more time to think creatively.
“Digitalization is yielding vast quantities of data, which offer opportunities for business, human well-being and the environment, if used effectively. New business models and technologies are allowing organizations to use data to generate top-line value while preserving individual agency and privacy.”
More than 70% of survey respondents rate digital twins as an important strategic initiative. By 2023, 65% of global manufacturers will have realized savings of 10% in operational expenses. This comes from digital twins driven by IoT and machine learning.
As companies are innovating, implementing new technologies and entering into new markets, their business models may call for a board of directors with new skill sets. But boards shouldn’t focus on adding a director with just a singular new skill set.
via Spencer Stuart
Financial-technology companies are changing the face of finance. Over the past ten years, disruption in the payments space has expanded to every corner of finance. Even areas once assumed to be safe are seeing new entrants and competitive threats.
FinTechs have the potential to be the engines of innovation we need during the Great Reset. The findings of the World Economic Forum’s FinTech Cybersecurity Consortium provide a starting point on the path to a security management system to get them there.
The pandemic recession will put more strain on tech budgets than ever before. Many CIOs will need to go deeper than delaying hardware purchases or trimming the new project portfolio. Application rationalization should be front and center as a source of new efficiency and savings.