Business

A Future of Trusted Advisors: Loyalty to the customer, not customer loyalty

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Similar to a wealth advisor or wellness coach/personal trainer, the trusted advisor role presents a huge growth opportunity for businesses. These advisors proactively make recommendations aligned with its customers’ best interests, to create real value for the customer. The biggest challenge for companies trying to employ and market the services of such trusted advisors? Becoming trusted.   More

Business Society Techonomy Events

Facebook Influenced Election? Crazy Idea, Says Zuckerberg

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Dismissing the idea that fake stories in Facebook's News Feed influenced the outcome of the U.S. election, Mark Zuckerberg, speaking at Techonomy16, grabbed global headlines and no breaks from tech reporters. It was by no means the only thing he discussed, but it got all the coverage.   More

Business Community Insights

The Corporation as Technology

If we think of companies as a technology for value creation, we can apply principles of innovation to accelerate change. (Image courtesy Shutterstock)

We think of technology as using computer science, biology or chemistry. But what if we consider the corporation itself as a kind of technology? It's possible to see the corporation as a technology for organizing labor, resources and capital towards the creation of economic and social value. So what defines a techonomic company?   More

Business Finance

Why the Finance Industry is Ripe for AI Disruption

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The financial sector is on the brink of an AI revolution. Data is being generated faster than any person or companies’ ability to analyze it. And industries that run on numbers and data are at risk of being overwhelmed. But this new AI platform can create simple narratives and actionable analyses.   More

Analytics & Data Business Community Insights

Embracing Disruption–A CEO’s View

Expect a growing number of re-imagined business models as platform disruption enabled by tech gathers speed, says Ciena's CEO. (Image copyright Lightspring, courtesy Shutterstock)

Technology innovation is disrupting industries and enabling new business models at an accelerating pace, writes Ciena's CEO. The internet's ubiquity is converging with other trends including virtualized computing power and storage plus open source software to create a “utility platform” that facilitates rapid change in a wide range of businesses. So embrace it. The velocity of industry transformation is about to go to hyper speed.   More

Business

Tim O’Reilly Nails the Importance of Amazon’s Echo/Alexa

Tim O'Reilly (who is joining us at Techonomy 2016 in November) has written the best piece about Alexa yet. He doesn't just rave about the machine's astonishing capabilities, but breaks it down so we begin to understand what causes it to so romance users. It's not just the information behind it but how it prioritizes tasks and allows us to interact. It's a must-read for anyone who wants to understand where technology is going.   More

Business Transportation

Space: The Next Fiscal Frontier?

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NASA has increasingly taken a backseat in the world of manned space exploration. While that trend may not be great for America's role in space, it has opened the door for a revolution in private sector space projects. From Elon Musk's Space X project to the rise of nanosatellites, outer space has never been so open for investment and innovation. This piece was originally published in the 2014 edition of Techonomy magazine.   More

Business Global Tech Startup Culture

Visiting a Bustling Tech Incubator in Dubai

Louis Lebbos and Muhammed Mekki brought a Silicon Valley-vibe to their Dubai incubator, AstroLabs (Photo courtesy of AstroLabs).

As Dubai continues its epic transformation into a global commerce hub, two entrepreneurs have set up a small piece of Silicon Valley in the UAE. Louis Lebbos and Muhammed Mekki 's AstroLabs incubator now hosts 77 different startups in an open, modern coworking office space that would be right at home on the streets of San Francisco. Its members, from places as distant as Vietnam and Kansas City, all want a piece of the emerging Middle East market.   More

Business Jobs

Employees Losing Faith With Companies That Don’t Get Digital

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The digital future has taken the corporate world by storm, but many employees are jumping ship. A new study by MIT Sloan Management Review, in collaboration with Deloitte, finds that fully half of employees who feel their company is not digitally developing fast enough plan to leave within a year. Corporations worldwide need to get on board the digital wave or risk a massive talent drain.   More

Business Global Tech

Billion Dollar Shave Club

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A company that first gained fame with its goofy YouTube ads has now been bought for close to $1 billion, as a European consumer good giant tries to catch up with Amazon and other titans of the digital world. Dollar Shave Club's big money buyout from Unilever means good things for digital commerce startups looking to turn a nice profit.   More

Business Global Tech

China’s Empty Incubators are a Sign of Development Run Amok

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For years, the Chinese state has managed to strong arm the country’s economy through global crises by making huge investments into sectors like real estate and infrastructure. That top-down capital strategy is hitting a wall when it comes to China’s new dream: growing start-ups. Across the country, brand new innovation centers sit empty as education levels fail to meet China's demand for entrepreneurs.   More

Business Community Insights Society

From Gutenberg to Zuckerberg: The Transformation of Business

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Six hundred years ago, Gutenberg’s press ushered in an era of mass communication. Radio, TV, and film all broadcast a single message and make a clear distinction between broadcaster and audience. Today's digital platforms create a new world of mass collaboration, with more distributed, diverse and personalized interactions. In this “many-to-many” world, we are equally broadcaster and audience. We are all co-creators.   More

Analytics & Data Business Internet of Things

It Takes More Than a Machine to Know You: Assistance In An Instrumented World

An Amazon Echo device (Courtesy of Shutterstock)

There’s a big gap between today's smart virtual assistants and the futuristic robot-butlers of fiction that anticipate our every need. For the foreseeable future, it will still take a human touch to understand how people assess value and solve problems creatively. Still, in the context of IoT, on-demand everything, and ubiquitous analytics, tech and humans are coming closer to jointly becoming “trusted advisors.”   More

Bio & Life Sciences Business Healthcare

Consumers to Health Insurers: Keep it Simple

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The American healthcare markethas undergone a period of rapid change in recent years. Chief among these changes has been a general shift towards consumer choice, prompting the rollout of new tech products in a bid to entice customers. But a new study suggests the best way to win over consumers is to bring things back down to earth.   More

Business Global Tech Government

Obama’s Big Start-up Seminar

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President Obama wants to encourage young entrepreneurs, and if he has to go out and lecture them himself, he’s willing to do it. Over the course of the two-day Global Entrepreneurship Summit last week, the president found time to share tips with young business owners on pitching their ideas. Plus, he talked with Mark Zuckerberg, and interviewed young entrepreneurs from Rwanda, Egypt, and Peru.   More

Business Government Jobs

As Race Heats Up, Clinton Talks Tech

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Having fought off an ambitious Bernie Sanders and now preparing to enter a brutal fight with a fiery and unpredictable Donald Trump, Hillary Clinton is taking a bit of a detour this week into the world of tech. She wants to forgive student debt for young entrepreneurs, bring broadband to every home in America, and defend net neutrality. Plus, Silicon Valley is starting to get on board.   More

Analytics & Data Business Society

Endless Questions on AI at a Techonomy Dinner

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How big an impact will artificial intelligence have on business and society? Should we fear it? What will it mean for jobs? At a recent Techonomy salon dinner discussion on AI, top leaders from Accenture, IBM, SAP, and Verizon, among others, gave some fascinating answers.   More

Business Finance

Faced With Impending Disruption, the Financial Ecosystem Must Change

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The world is buzzing about fintech and the impending disruption in the banking industry. Smarter technology companies are attempting to give customers quality service and an experience that’s relevant to the world in which they live, and big banks are being left behind. The speed of innovation might surprise all of us.   More

Business Techonomy Events

Replay of Techonomy NYC Webcast

The video hasn't been sliced and diced yet, but the Livestream can still be watched--including great sessions on IoT, The future of health with David Agus, Marketing with Carolyn Everson of Facebook, danah boyd and Gillian Tett (final session) on the perils of a data-centric society, Sec. of Transportation Anthony Foxx, author Rana Foroohar, sharing economy expert Arun Sundararajan, and many more deep thinkers. The program is in two chunks-morning and afternoon. We will break it up into sessions in coming days.   More

Analytics & Data Business Techonomy Events

Techonomy NYC Is a Lens on a New Kind of Society

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We curated an astonishingly diverse group of speakers to provoke us on May 26 about how tech and the Internet of Things points to an entirely new sort of society. It changes health, cities, how we'll work, business structure and strategy, the future of marketing, and more. The entire event, which took place Thursday May 26, is now available on video. Program details here: http://techonomy.com/conf/nyc/agenda/.   More