Competitive Edge
53.4K views | +9 today
Follow
Competitive Edge
Creating your Unique Value Proposition to gain your Competitive Edge.
Curated by Marc Kneepkens
Your new post is loading...
Your new post is loading...
Rescooped by Marc Kneepkens from Business model canvas
Scoop.it!

Three Industries That Are Ripe For Disruption

Three Industries That Are Ripe For Disruption | Competitive Edge | Scoop.it

We live in an age of disruption – and that's a good thing. Industries will be transformed. Major companies will fall. Old systems will collapse as entrepreneurs figure out how to optimize and reinvent inefficient businesses, products, and services to provide consumers (us) with all things better, faster and cheaper. According to the Olin School of Business, 40% of today's Fortune 500 companies will be gone in the next 10 years. This blog is a quick look at three industries (Healthcare, Finance and Insurance) that are ripe for disruption this decade due to big data and artificial intelligence.

Clearly big data and AI will change almost every industry this decade... but none more than these. Read more: click image or title.



Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com



Via Josie Gibson, Ian Harris
Marc Kneepkens's insight:

Uber is a great example of #disruption. A complete industry is being replaced and put on alert. The sheer essence of #competitiveness is at play. Now put that into perspective with health care, finance and insurance. This article sheds a whole new light on why these industries are changing as we speak. #BigData, #AI - Artificial Intelligence, #Technology... it's happening now.

more...
Ian Harris's curator insight, October 10, 2015 1:52 AM

Good for thinking about opportunities!

Oscar Padilla's curator insight, October 12, 2015 5:23 PM

I think healthcare is by far the most important industry that can benefit from a shake-up.


Scooped by Marc Kneepkens
Scoop.it!

Not Just An App: The Front End Of The Trillion-Dollar, Full-Stack Revolution

Not Just An App: The Front End Of The Trillion-Dollar, Full-Stack Revolution | Competitive Edge | Scoop.it

Stop calling Uber, Airbnb and Munchery just apps. These apps are the front end of a full-stack revolution powered by cloud, mobile, drones, robots and AI. These apps started as simple solutions to match demand and supply, but they have the potential to reinvent entire industries.

Today’s apps can best be compared to websites of the last tech revolution (or bubble) in late ’90s. The best of them, like Amazon, started as simple websites, but today invent drones, build robots and invest billions of dollars in all kinds of innovation and research to transform retail, logistics and even computing. Uber is beginning to show signs of that transformation with its move into driverless cars and maps — the other Uber-like winners will follow. Those that minimize what these apps do don’t understand that a full-stack revolution is afoot. Read more: click image or title.




Need funding?

Get your Free Business Plan Template here: http://bit.l/1aKy7km

"The team at Growthink delivered exceptional quality service in every aspect of their client services. Their staff of professionals were extremely instrumental in fine tuning my creative vision into a well developed business plan."
- James E. Spence, Jr
Founder & CEO
At Bread Boutique

Marc Kneepkens's insight:

Simple #apps are re-shaping the world we live in and transforming entire industries. Pay attention, change is accelerating.

more...
No comment yet.
Rescooped by Marc Kneepkens from Mobile Research and Statistics
Scoop.it!

How to Design a Billion Dollar Company

How to Design a Billion Dollar Company | Competitive Edge | Scoop.it
Question: What do Airbnb, Snapchat and Uber all have in common (besides multibillion-dollar valuations)?Answer: None of these startups directly create the value that end users consume. These companies facilitate the exchange of value between users.

Uber does not own or operate any of the cabs its riders use, but it has a valuation of $3.5B. Pinterest does not post any of the ‘Pins’ that refer 23% of all traffic to e-commerce sites. Vine does not create any videos, yet is the fastest growing app in the world.

This is a colossal shift from traditional business models, where a company creates a product or service and then sells it to its customers.

Some call this the sharing economy or the collaborative economy. Others refer to these businesses as marketplaces or networks. But the overarching term for all of these multisided business models is a “platform.”

Platform startups have been disrupting entire industries (like Facebook and WhatsApp with communication, Youtube with entertainment and Uber with transportation), or are innovating with the goal to disrupt and take over outdated industries (healthcare, insurance, manufacturing, finance and many more).

To read the full article, click on the image or title.



Get your Free Business Plan Template here: http://bit.ly/1aKy7km


Via David Christopher Bilas
Marc Kneepkens's insight:

Create solutions, put it all together the right way.

more...
No comment yet.
Scooped by Marc Kneepkens
Scoop.it!

What You Need to Know to Compete With the Surging Sharing Economy

What You Need to Know to Compete With the Surging Sharing Economy | Competitive Edge | Scoop.it
By 2017, 80 percent of U.S. consumers will be using services from peer-to-peer collaborative companies. Here's what you need to know if you aren't Uber or Airbnb.

The sharing economy is a force to be reckoned with. All around the globe, consumers are using their phones to book what they need in an instant -- whether it’s a ride across town or a place to stay for the weekend. But as the peer-to-peer economy continues to expand, companies that fail to adapt could be putting themselves in jeopardy.

“Unless you can offer similar services, your business is vulnerable,” reads a new report co-written by the sharing economy expert Jeremiah Owyang and tech strategist a Alexandra Samuel. “Mobile-enabled, on-demand, customized products and services are fast becoming the new normal, and companies that fail to offer customers what they want, when and how they want it, are in ever-greater peril.”

The report, titled The New Rules of the Collaborative Economy, is the result of a survey of more than 50,000 consumers in North America. It was commissioned by cloud-based customer intelligence software company Vision Critical.  

There are more than 110 million North American consumers using the sharing economy, according to the report. That’s up 25 percent from a year ago, and the participation rate is only projected to climb. More than half of U.S. consumers will be using the collaborative economy in the next year. By 2017, that figure is expected to jump to 80 percent. Read more: click image or title.




Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

The essence of doing business becomes more prominent again. Bring value, at a competitive price, and treat your clients exceptionally well.

more...
No comment yet.
Scooped by Marc Kneepkens
Scoop.it!

Startups are flocking to hire community builders. Why now?

Startups are flocking to hire community builders. Why now? | Competitive Edge | Scoop.it
Communities have existed on the web since its earliest days, with tech employees tasked with cultivating them. Until recently, however, community building wasn’t a profession in its own right. That’s starting to change.

When 28-year-old Alex Wood traveled alone through Japan this summer, he decided not to go the conventional hostel route. As a Silicon Valley developer, he wanted to learn about the country through the eyes of an Airbnb host, but he was worried he wouldn’t meet other travelers that way.

You can imagine his excitement, then, at landing in Tokyo and discovering the company had organized a meetup of Airbnb visitors. Ten strangers gathered to eat lunch on Airbnb’s dime at a local restaurant. It solved Wood’s lonely-traveler problem, and he made friends to hang out during his time abroad.

The event was organized by two of Airbnb’s community managers, who are responsible for connecting users of the application to each other. They’re part of a growing number of community managers in Silicon Valley, armies of people launching new markets and categories for companies like Poshmark, Lyft, Fitbit, Secret, Yelp, Polyvore, Kickstarter, Udemy, Product Hunt, Salesforce, Duolingo, the list goes on.

Part sociologists, part event planners, part product developers, community managers straddle many different roles to build a sense of fellowship among a tech product’s users. Note: There’s a subtle but important distinction between community managers, who connect users to each other, and social media/marketing managers, who connect users to the company. For the purposes of this story we’re referring to the former.

Full story here: http://snip.ly/L0TH


Get your Free Business Plan Template here: http://bit.ly/1aKy7km


Marc Kneepkens's insight:

Another new profession: social community managers, sounds really exciting!

more...
No comment yet.