Distruptive Technologies That are Transforming Businesses
By Nadine Kaiser
Can you GUESS????
People who boost about their IQ's are loosers
It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change
The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking
The Evolution of society and technology and its impact on behavior, expectations and customs.
How can company like polaroids go bankcrupt?
"How you see your business in a few years’ time will no longer be just about how you want it to be but where the latest technology will take you" - Marco Iansiti, Harvard Business Review
Why it matters?
The speed of change or innovation is a threat today to every business aspect.
Artificial Intelligence was responsible for 911
AI is now being used to determine the sentence for convicts, which includes death sentences.
AI was 70% responsible for finding the location of Osama Bin Laden
Mobile first world - Searching and organizing the world's information and optimizing consumer interface through mobile experience.
AI First world- Learning, adapting and automatization through trial and error.
Global spending in AI will increase to $7.3 Billion a year by 2022
AI - Artificial Intelligence
A major shift has happened in business when Google and Microsoft adopted an AI-first strategy in 2017.
Existing AI-driven technologies today
Used widely in the US for customer service in banking, hospitality industries and the health sector.
An AI platform that reads and prepares invoices, reminds you when to send and settle them all while filtering through Business KPIs.
SMACC in accounting
"Mother of all Infrastructures" - Microsoft
The interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data.
IoT - Internet of Things
E - Commerce and E - Business
Revolutionizing the selling and buying of goods and services.
B2C - Business to Consumer
C2B - Consumer to Business
B2b - Business to Business
C2C - Business to Consumer
Promote a faster notification system that leads to better decision-making
Unsolicited goods and communicationsIllegal or harmful goods, services, and content
Increase productivity and lower operational costs
Improve data quality and reduce error
PROS & CONS
This is the tech behind Bitcoin, a digital currency that operates separately from central banks. Blockchain is an online database that allows anyone to send value anywhere and worldwide where the blockchain file is accessible.
"Blockchain is set to expand to a $3 trillion market by 2029" - The Economist
What Blockchain can do for YOU
Secure and safe transactions with a traceable audit trail
Eliminates human error and reduces tampering
High-quality assurance and cost-effectiveness
Fast and secure peer-to-peer transactions
The effective leader understands that a disruption to stability is sometimes necessary for growth (or even survival) - Bill Gates