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Five Tech Megatrends that are Changing the Game ...

Five Tech Megatrends that are Changing the Game ... | Management - Innovation -Technology and beyond | Scoop.it
In 10 years, over 40 percent of the Fortune 500 will no longer be around. By 2020, more than three fourths of the S&P 500 will be organizations that we have not heard of yet. Predictions like these are common these days. What if they turn out to be correct? 

The Five Technology Megatrends summarized below are creating winners and losers faster than ever before. Whether you work at a small or mid-sized business or a huge multinational, the discoveries and decisions you make in response to these trends will determine not only future prospects, and quite possibly even survival in the years ahead ... 

Fouad Bendris's insight:

The Five Technology Megatrends will create new winners and take out laggards faster than ever before. The discoveries and innovations you develop in response to these trends could change your game, but only if you seize the day !

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Michael Binzer's curator insight, June 22, 2014 4:02 AM

New times - new ways of organize things too? Or at least time to?

maralma's curator insight, June 22, 2014 12:53 PM

THE FUTURE STARTS NOW!

Management - Innovation -Technology and beyond
Targeted to who wanted to keep up-to-date with M.I.T !
Curated by Fouad Bendris
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Innovation in the IT Legacy World ! 

Innovation in the IT Legacy World !  | Management - Innovation -Technology and beyond | Scoop.it
Innovation in the IT Legacy World by Jose Floren “Legacy” seems to be a “bad” word in the business world, and it tends to denote antiquated; methods, software, hardware, etc. Yes, I refer here to many IT Systems that drive businesses. But many “legacy” applications that keep dominating the IT Business world—are Mainframe and Mid-range based. They still manage the bulk of the business transactions. Some popular applications are considered legacy—even though they are short years young. Software Application Packages Here, I will be concentrating in the mainframe and more specifically mid-range market; although this applies as well to Networked based systems, Unix/Linux and Windows based applications. Many Applications Packages as “Canned” Software as they are commonly referred to since a third party develops them. Others called “Home Grown” so referred to as they are developed in-house by resident developers and consultant. They both have, in most cases, designs, methods and source code 20 to 40 years old. Many are maintained with more new programming language’s code (intermixed with various more modern programming languages). Of course, the hardware is often top-of-the-line and state-of-the-art, as they are sometimes easier to migrate to since; they tend to be backward compatible with older hardware. Meaning that a site may be operating with the latest hardware, running antiquated Application software. And losing some of the advantages of more modern hardware architecture.
Fouad Bendris's insight:
“Legacy” seems to be a “bad” word in the business world, and it tends to denote antiquated; methods, software, hardware, etc. Yes, I refer here to many IT Systems that drive businesses. But many “legacy” applications that keep dominating the IT Business world—are Mainframe and Mid-range based. They still manage the bulk of the business transactions. Some popular applications are considered legacy—even though they are short years young.
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Mapping Innovation: Playbook for navigating a disruptive age ! 

Mapping Innovation: Playbook for navigating a disruptive age !  | Management - Innovation -Technology and beyond | Scoop.it
To borrow from Greg’s summary setup, the purpose of this book is threefold… 

In part one, Mapping Innovation: A playbook for navigating a disruptive age will help the reader get a better understanding of innovation by dispelling destructive innovation myths and looks closely at what innovation “is”. 

In part two, it offers readers valuable tools to frame and approach solving the problems that are important to them. And in part three, it will help explain how innovation in the digital age is different from what it was in previous generations and how technology has provided powerful new tools, and why we need to learn to use them.
Fouad Bendris's insight:
Mapping Innovation: Playbook for navigating a disruptive age ] -  [book review] 
Already dowloaded Chapter One below ... Enjoy the reading ;() 

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A Sensor That Could Soon Make Homes Scary-Smart ! 

A Sensor That Could Soon Make Homes Scary-Smart !  | Management - Innovation -Technology and beyond | Scoop.it
IF YOU WANT to set up a connected home, you’ve got two options. You can buy a bunch of smart gadgets that may or may not communicate with other smart gadgets. Or you can retrofit all of your appliances with sensor tags, creating a slapdash network. The first is expensive. The second is a hassle. Before long, though, you might have a third choice: One simple device that plugs into an electrical outlet and connects everything in the room.
Fouad Bendris's insight:
University researchers create a simple device that plugs into an electrical outlet and connects everything in the room.
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Data analytics firms join to standardize deep learning on graphics chips !

Data analytics firms join to standardize deep learning on graphics chips ! | Management - Innovation -Technology and beyond | Scoop.it
The GPU Open Analytics Initiative aims to develop a community of data science and deep learning workloads running on graphics processing units such as those made by Nvidia Corp. To kick things off, the group has unveiled a Python-based application programming interface that begins to address that aim.
The approach will also benefit users of Anaconda, the open data science platform, which relies on GPUs. Using Nvidia’s technology, Anaconda is mobilizing the Open Data Science movement by helping teams avoid the data transfer process between CPUs and GPUs and move nimbly toward their larger business goals ! 
Fouad Bendris's insight:
Data analytics suppliers Continuum Analytics Inc., H20.ai and MapD Technologies Inc. said today they’re joining forces to create standards for using graphics chips in analytics ! 
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Why neural networks and deep learning hold the secret to your health

Why neural networks and deep learning hold the secret to your health | Management - Innovation -Technology and beyond | Scoop.it
We’re supposed to eat less, work out more and use less salt. These goals rarely materialize into a productive pattern. Our behavior doesn’t change. Even with the incredible amount of information available, we choose not to change. Artificial neural networks (ANN) have the ability to influence medical diagnoses and change our behavior. Change is more than what you should or shouldn’t do. How you connect data and squeeze out information also impacts our ability to change. Artificial neural networks have a wide range of uses in science and technology with applications across chemistry, physics and biology. The simulation of neural networks has been used to enhance group tactics for playing soccer, fighting crime, accelerating facial image processing and expanding nanotechnology.
Fouad Bendris's insight:
Your daily habits could be interrupted by connected systems enabling access to new processing paradigms. Information processing systems inspired by biological nervous systems may change your diagnosis.
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Artificial Lawyer Spring Review – AI’s Green Shoots

Artificial Lawyer Spring Review – AI’s Green Shoots | Management - Innovation -Technology and beyond | Scoop.it
Artificial Lawyer is back from Easter holidays and it seemed a fitting time to do a short review of where we are today in Legal AI Land and where the sector's green shoots have got to. Back at Christmas last year the legal AI market was burning red hot with a myriad of companies coming to…
Fouad Bendris's insight:
A (Relatively) Maturing Market - While it may seem to some onlookers that the world of AI-driven document analysis, primarily through the use of natural language processing (NLP), is going bananas (to use a technical phrase), the reality is that the number of doc analysis companies for areas such as due diligence, compliance and lease extraction has not significantly grown since the end of 2016.
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How using Design Thinking will fix Design Thinking !

How using Design Thinking will fix Design Thinking ! | Management - Innovation -Technology and beyond | Scoop.it
The core of design’s mission is to seamlessly translate technology into human value. There is a continuous and ongoing trend of technology (and the notion of “digital”) moving into a sub-perceptive layer with the value of a product surfacing exclusively. Design is the main driver behind this trend and will be even more so in the future. Design is equally relevant for deeply technical discussions around platforms and APIs. The potential of these fundamentally opens or closes possibilities for service development and design helps to identify these.
Fouad Bendris's insight:
Design Thinking continues to be a hot topic . Design Thinking has been hyped and even fetishized but there are also voices questioning its value, impact, and relevance. Design Thinking faces criticism for its lacking integration with business and compatibility with market reality. The Human centric paradigm ... 
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Next List 2017: 20 Tech Visionaries You Should Have Heard of by Now

Next List 2017: 20 Tech Visionaries You Should Have Heard of by Now | Management - Innovation -Technology and beyond | Scoop.it

MICROSOFT WILL BUILD computers even more sleek and beautiful than Apple’s. Robots will 3-D-print cool shoes that are personalized just for you. (And you’ll get them in just a few short days.) Neural networks will take over medical diagnostics, and Snapchat will try to take over the entire world. The women and men in these pages are the technical, creative, idealistic visionaries who are bringing the future to your doorstep. You might not recognize their names—they’re too busy working to court the spotlight—but you’ll soon hear about them a lot. They represent the best of what’s next

Fouad Bendris's insight:
You might not recognize their names—they're too busy working to court the spotlight—but you'll soon hear about them a lot. They represent what's next.
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A Chip Revolution Will Bring Better VR Sooner Than You Think

A Chip Revolution Will Bring Better VR Sooner Than You Think | Management - Innovation -Technology and beyond | Scoop.it
When a PC or a game console runs this virtual world, the GPU chips play an unexpectedly large role, taking so much of the burden off the main processor. GPU is short for graphics processing unit. These chips were originally designed as a better way of rendering graphics for games and other software. And they still play this all-important role for the virtual world under development at Angle.
Fouad Bendris's insight:
To create more immersive worlds, VR makers are turning to the same kinds of chips powering the artificial intelligence explosion.
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Signs You’re Losing Control of Your Family Business

Signs You’re Losing Control of Your Family Business | Management - Innovation -Technology and beyond | Scoop.it

These red flags signal the need to reassert authority.

When the non-family chairman/CEO unexpectedly told family business owners that they had to live without dividends or sell the business, Tommy leaned over and whispered in his cousin’s ear: “Do you get what’s going on? The numbers have always been terrific.” Despite their shock, Tommy and other family owners shared responsibility for this painful situation. For years, they’d been detached and unengaged owners. No family member worked in the company, and those who sat on the board rubber-stamped management’s decisions. The owners sat passively until faced with the reality that they were at risk of losing the business that had been in the family for three generations.

Fouad Bendris's insight:
Sometimes a non-family CEO plays the role of villain in these situations, the blame lies more often with the owners, who created a power vacuum for others to fill. Lacking substantive direction from the owners, these executives understandably followed their own self-interests.
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The Trichotomy: Dual Corporate Innovation and Transformation ! 

The Trichotomy: Dual Corporate Innovation and Transformation !  | Management - Innovation -Technology and beyond | Scoop.it
Takeaway Implementing appropriate dual innovation or transformation setups entails gearing up for a trichotomy of distinct playing fields, each of which exhibits characteristic objectives and requirements. While established companies traditionally get A/H1 and meanwile increasingly get C/H3 (at least at the outset) right, field B/H2 still seems to a great extent uncharted territory for most of them – except for basic business development activities. This holds in particular true for major business model or operating model extensions and as far as scaling of new ventures is concerned. In most corporate approaches I have encountered up to now, these measures and the corresponding capability/resource exchange have been underestimated, underdeveloped or not even systematically addressed at all.
Fouad Bendris's insight:
Here is a chart, shown by Scott Anthony from Innosight during a worthwhile talk on Dual Transformation. It puts in a nutshell what he refers to as the “hardest challenge in business today”: Simultaneously strengthening today’s business while creating tomorrow’s.
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The Evolving Role of Design !

The Evolving Role of Design ! | Management - Innovation -Technology and beyond | Scoop.it
The role of design evolves at the speed of innovation—the dizzying, dynamic speed of the market. Design now has a seat at executive and board tables across the globe. More than ever, a holistic sense of design is valued as a legal means of significant competitive advantage. But it hasn’t always been this way. The journey from the cubicle to the corner office to the open office began with the scope of what was being designed and the role design played within organizations. Design started with designing things, objects, and then expanded to the graphics, packaging and advertising. Now, designers—not necessarily decorators—help design spaces, experiences, innovations and business models. If you look at the world of organizational management you’ll see this same progression: First, the species learned how to manage things, then time, now energy.
Fouad Bendris's insight:
Because business, the world of nonprofits, and the market are all so quickly transforming, they need designers to help craft meaning, purpose and inspiration, as well as to optimize overall gestalt—from signs to things to space to experiences. Design is beginning to drive business needs, instead of the other way around, and that’s a positive move. Remember what happens when design stays subservient to business needs?
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If You Want to Learn Faster, Overclock Your Audio and Video

If You Want to Learn Faster, Overclock Your Audio and Video | Management - Innovation -Technology and beyond | Scoop.it

In an age where more and more information arrives as multimedia, we're reinventing the noble art of skimming.

Power consumers of podcasts already know that 1.5X speed is their friend. About half the people who use podcast app Overcast listen on Smart Speed, which gooses the audio by eliminating moments of silence. Ten percent of Audible listeners crank up the speed dial. And as online videos become an increasingly important platform for acquiring new skills, speedup behavior is edging into the mainstream. Nearly 10 percent of people watching Khan Academy videos view them faster than normal.

Fouad Bendris's insight:
Studies by ­educational-tech researchers Ray Pastore, of the University of North Carolina Wilmington, and Albert Ritzhaupt, of the University of Florida, found that people listening to scientific info at 1.5X understood just as much as those listening at 1X. Video, Pastore says, is even more amenable to speedup, because the visual and audio cues reinforce one another !
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A look inside Twitter's New York office, where employees enjoy rosé on tap, a basement café, and a fully-stocked kitchen run by a top chef ... #LoveWhereYouWork !

A look inside Twitter's New York office, where employees enjoy rosé on tap, a basement café, and a fully-stocked kitchen run by a top chef ... #LoveWhereYouWork ! | Management - Innovation -Technology and beyond | Scoop.it

Twitter's Manhattan office features a ton of perks for employees, including a basement café, a fully stocked kitchen, and rosé on tap.

Can't get enough of our Twitter tour? 

Employees also make a trip to the basement to take books from the office's library — as long as they leave one of their own, in return. Nola Weinstein, Twitter's head of social and experiential marketing, said the library is a treasure trove for bibliophiles. Visiting authors will often leave several copies of their latest works behind for employees to peruse /// 


Fouad Bendris's insight:
We need more than 140 characters to describe Twitter's Manhattan office.
The social media platform company, which employed 3,860 people around the world as of 2016, first moved to this Chelsea, Manhattan office, in 2015. Today, more than 400 Twitter employees work there. Out of all of the company's 30-plus offices around the world, it's the second-largest office after the San Francisco headquarters. Recently, Business Insider took a trip to the office to see if it was hashtag-worthy ?
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#Innovation Lessons from Michelangelo ... Ancora Imparo !

#Innovation Lessons from Michelangelo ... Ancora Imparo ! | Management - Innovation -Technology and beyond | Scoop.it
Michelangelo wasn’t a one-trick pony or a one-hit wonder. He was the archetype Renaissance artist, accomplished as a sculptor, painter, architect, and poet. Michelangelo produced iconic works, across disciplines, throughout the 88 years of his life. Many of Michelangelo’s works are still among the world’s most recognized and appreciated art ever created, five hundred years later, including the Pieta, David, and Sistine Chapel. It’s hard to argue that Michelangelo wasn’t a genius and that he didn’t leverage his creative superpower to gain the right notoriety and sponsorships. It doesn’t hurt when Lorenzo de’ Medici invites you to live in his Florence palace! But something else is going on when Michelangelo sustains his production at such an amazingly high level across so many disciplines over almost a century.
Fouad Bendris's insight:
Michelangelo shared his secret on the celebration of his 87th birthday, just a year before he died, proclaiming, Ancora Imparo: Yet I Am Learning !
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Old Habits die hard ! 

Old Habits die hard !  | Management - Innovation -Technology and beyond | Scoop.it
"Minority Report" never stop ;() 
Fouad Bendris's insight:
Giving one's confidence with closed eyes, can make us one-eyed ... People are more often fooled by distrust than confidence !
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Regulating the internet giants: The world’s most valuable resource is no longer oil, but data | The Economist

Regulating the internet giants: The world’s most valuable resource is no longer oil, but data | The Economist | Management - Innovation -Technology and beyond | Scoop.it


This abundance of data changes the nature of competition. Technology giants have always benefited from network effects: the more users Facebook signs up, the more attractive signing up becomes for others. With data there are extra network effects. By collecting more data, a firm has more scope to improve its products, which attracts more users, generating even more data, and so on.

Fouad Bendris's insight:
A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era.
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Nike’s Quest to Beat the Two-Hour Marathon Comes Up Oh So Short ! 

Nike’s Quest to Beat the Two-Hour Marathon Comes Up Oh So Short !  | Management - Innovation -Technology and beyond | Scoop.it
THE ATTEMPT WAS beautiful to watch, and a thrilling achievement in itself. But, despite the hype, despite the shoes, despite the millions of dollars of investment, despite the rigorous application of the latest scientific thinking and biomechanical analysis, and despite the mammoth effort of Eliud Kipchoge, the world’s best marathon runner, Nike’s much-publicized attempt to break the two-hour marathon mark came up short this morning at the Autodromo Nazionale Monza outside Milan, Italy. It was a close-run thing, but the two-hour marathon remains unbroken, for now, with Kipchoge finishing his marathon in 2 hours and 25 seconds.
Fouad Bendris's insight:
It was close, but the two-hour marathon remains unbroken. For now. As the finish line approached, Kipchoge somehow found the strength to summon a finishing kick, stopping the clock 25 seconds outside his goal !
“The world is only 25 seconds away,” he said ...  
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Innovation and the Mythical Idealized Future State ! 

Innovation and the Mythical Idealized Future State !  | Management - Innovation -Technology and beyond | Scoop.it

Maps aren’t the territory, but they are a collection of all possible destinations within the design space of the map. If you have the right map, it contains your destination. And for a long time now, the old paper maps have helped people find their destinations. But on their own maps don’t tell us the direction to drive. If you have a map of the US and you want to drive to Kansas, in which direction do you drive? It depends. If in California, drive east; if in Mississippi, drive north; if in New Hampshire, drive west; and in Minnesota, drive south. If Kansas is your idealized future state, the map alone won’t get your there. The direction you drive depends on your location. 


GPS has been a nice addition to maps. Enter the destination on the map, ask the satellites to position us globally and it’s clear which way to drive. (I drive west to reach Kansas.) But the magic of GPS isn’t in the electronic map, GPS is magic because it solves the location problem. 


Before defining the idealized future state, define your location. It grounds the innovation work in the reality of what is, and people can rally around what is. And before setting the innovation direction with the IFS, define the next problems to solve and walk in their direction.

Fouad Bendris's insight:
When it’s time to innovate, the first task is usually to define the Idealized Future State (IFS). The IFS is a word picture that captures what it looks like when the innovation work has succeeded beyond our wildest dreams.
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The new moats: Why systems of intelligence are the next defensible business model ! 

The new moats: Why systems of intelligence are the next defensible business model !  | Management - Innovation -Technology and beyond | Scoop.it
The next generation of enterprise products will use different artificial intelligence techniques to build systems of intelligence. It’s not just applications that will be transformed by AI but also data center and infrastructure products. We can categorize three major areas where you can build systems of intelligence: customer-facing applications around the customer journey, employee-facing applications such as HCM, ITSM, Financials or infrastructure systems such as security, compute/storage networking, and monitoring/management.
In summary, you can build a defensible business model as a system of engagement, intelligence, or record, but with the advent of AI, intelligent applications will be the fountain of the next generation of great software companies because they will be the new moats.

Fouad Bendris's insight:
Building a system of engagement or intelligence is not a trivial task and will require deep technology, especially at speed and scale. In particular, technologies that can facilitate an intelligence layer across multiple data sources will be essential. Finally, there are some businesses that can build data network effects by using customer and market data to train and improve models that make the product better for all customers, which spins the flywheel of intelligence faster.
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Why AI will both increase efficiency and create jobs

Why AI will both increase efficiency and create jobs | Management - Innovation -Technology and beyond | Scoop.it
Anytime society experiences a major technological advancement, we need to be prepared for it to change the way we live and work. It's hard to imagine what the future of jobs will look like with AI, but that future exists. And optimists suggest that, like the sewing machine to the textile industry, AI will make us better, more efficient and faster workers. Experts agree that AI has the potential to eliminate mundane, administrative work, while we will always rely on human workers to be empathetic, collaborative, creative and strategic. But it's impact on any industry lies in the hands of the business leaders who are responsible for adopting AI strategies ... 
Fouad Bendris's insight:
There are legitimate concerns around AI and how it will impact the job market. But the real impact will depend on how businesses leverage and implement AI tools to support employees, rather than replace them.
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Google’s Dueling Neural Networks Spar to Get Smarter, No Humans Required

Google’s Dueling Neural Networks Spar to Get Smarter, No Humans Required | Management - Innovation -Technology and beyond | Scoop.it
When Ian Goodfellow explains the research he’s doing at Google Brain, the central artificial intelligence lab at the internet’s most powerful company, he points to this aphorism from the iconic physicist, Caltech professor, and best-selling author. But Goodfellow isn’t referring to himself—or any other human being inside Google. He’s talking about the machines: “What an AI cannot create, it does not understand.” Goodfellow is among the world’s most important AI researchers, and after a brief stint at OpenAI—the Google Brain competitor bootstrapped by Elon Musk and Sam Altman—he has returned to Google, building a new research group that explores “generative models.”
Fouad Bendris's insight:
What an AI cannot create, it does not understand.
A neural network is a complex mathematical system that learns tasks by analyzing vast amounts of data, from recognizing faces in photos to understanding spoken words.
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Cities Crave Hyperloop Because It’s Shiny — and Because Talk Is Cheap !

Cities Crave Hyperloop Because It’s Shiny — and Because Talk Is Cheap ! | Management - Innovation -Technology and beyond | Scoop.it

FOR A THING that doesn’t exist, hyperloop is pretty popular. Representatives from 11 American regions trekked to Washington this week to pitch themselves as the perfect proving grounds for the much-hyped “fifth mode of transportation.” They’re among the 35 semi-finalists in a competition hosted by Hyperloop One, the company leading the race to bring Elon Musk’s idea for a tube-based transportation network to life !



Fouad Bendris's insight:
The scope and intractability of America's infrastructure problem makes the siren song of the hyperloop extra alluring ... 
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AI Wields the Power to Make Flying Safer—and Maybe Even Pleasant

AI Wields the Power to Make Flying Safer—and Maybe Even Pleasant | Management - Innovation -Technology and beyond | Scoop.it
ON THE MAP of buzz-worthy tech, artificial intelligence sprawls over a particularly expansive terrain: from digital home assistants to self-driving cars, battlefield tactics to investment guidance. And now, AI invades the skies. Algorithms are learning to predict delays, giving airports and airlines a better shot at avoiding them. Airlines like EasyJet and Emirates are using the tech to remake the ticketing process painless and turn the in-flight experience into a personalized joy ... 
Fouad Bendris's insight:
From cutting delays to cutting edge autopilot, the computers are coming to help. What makes that challenge ripe for AI—as opposed to just more comprehensive database-crunching—is that the data comes from sources ranging from tightly formatted sensor data to the scribblings of maintenance workers.

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These 4 Major Paradigm Shifts Will Transform The Future Of Technology !

These 4 Major Paradigm Shifts Will Transform The Future Of Technology ! | Management - Innovation -Technology and beyond | Scoop.it
For the past fifty years or so, technology has followed a fairly predictable path. We squeeze more transistors onto silicon wafers, which makes chips more powerful and devices smaller. Manual processes become automated, productivity increases and life gets better. Rinse and repeat. Today, we’re at an inflection point and that predictable path to progress will soon be closed off. What lies ahead is a period of extreme disruption in which most of what we’ve come to expect from technology is becoming undone. What replaces it will be truly new and different.  

Here are the four major paradigm shifts that we need to watch and prepare for !
- From The Chip to The System
- From Applications To Architectures
- From Products To Platforms
- Moving From Bits To Atoms
Fouad Bendris's insight:
Over the next decade, Moore’s Law will end. Instead of replacing manual labor, technology will automate routine cognitive work. As information technology fades into the background, second order technologies, such as genomics, nanotechnology and robotics will take center stage.
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