Every salesperson wants an edge. Yet many are afraid of being edged out by AI, which makes them hesitant to embrace emerging tech. This is a big mistake, especially for high performers and superstar closers. Machine learning, specifically deep learning, fills in gaps that human intuition never could. Put to...
In the early stages of starting a business, most owners are focused on growth — growing a customer base, increasing revenue, and bringing on more employees to perform various functions. Growth is certainly important, and it can get a business off the ground. But there comes a time when a...
As a business owner, you must understand that creating awareness for your brand, product or services online and converting this awareness into actual product sales or service registrations are two different things. The latter entails that you have a compelling business structure that would convince potential customers into giving your...
After spending more than 20 years in Silicon Valley fighting my way through every conceivable obstacle, misstart, and product disaster, I’ve learned that knowledge can be an organization’s greatest asset. But standardizing best practices and giving everyone access to valuable institutional knowledge remains a challenge for many companies. More than...
Finance is a central tenet of business and a pillar upon which any successful company stands. After all, the point of capitalism is to create organizations which not only do something useful but those which ultimately monetize their plans and bring value to shareholders. Many economic ideas exist to help...
A convergence of artificial intelligence (AI), cloud-technology, machine learning and connected devices, is changing healthcare. Some of the world’s largest tech giants, including Apple, Samsung, and Amazon -- all leaders in consumer products and services -- are taking big leaps and investing serious money in the healthcare sector. In only...
We may not have robots like C-3PO from “Star Wars” or Rosie from “The Jetsons,” but there’s no denying that the machines we do have are getting smarter. But are business leaders taking advantage of their capabilities? It’s easy to imagine adopting AI in some indefinite future, but the technology...
As enterprises embrace AI and work towards integrating it increasingly into their business processes, one of the key decisions they are all having to make is whether to buy or build the AI components that will drive their enterprises into the future. More than 61 percent of businesses said they...
Technology has always been positive for impacting businesses. Technology is the grease on the wheels that will bring growth to your business. With growth as your mindset, here are a few facts you can't ignore namely, that the positive evolution of your business depends on the tech revolution. After the...
Before 2019, Elon Musk was a version of a rock star -- maybe he still is -- we sure follow what he does. He takes drugs, stays out late and dates famous women. He also runs four companies and is worth $20 billion. In a 2016 poll, startup founders named...
Old-school marketing techniques that include guesswork held up by flimsy market research don't always reflect what consumers want. But now retailers can eliminate the guesswork and incorporate real consumer feedback to gain a competitive edge. Plus, Millennials are excited to work with robots, complain to robots, and date robots, so it comes as no surprise that...
In today’s world, it’s common for businesses to gather as much data on their customers as possible. Big data and related analyses have the potential to help companies develop new, better products for their customers and provide more unique experiences for those customers. And for financial institutions, those data are...
Neural networks are arguably the technological development with the most potential currently on the horizon. Through neural networks, we could feasibly handle almost any computational or contemplative task automatically, and someday, with greater processing power than the human brain. For now, neural networks are still in their infancy, but already,...
We live in an increasingly digital world. We shop, make appointments, order food and taxis, and document our lives online. Approximately 70 percent of us use social media to connect and share content, and most spend an astonishing four hours per day interacting with our smartphones. Deep learning and AI are...
If you look at the greatest recent tech companies there are plenty of newcomers that aren’t even considered tech, let alone, high tech. Uber and Airbnb, are less about tech and more about their concept. You can run a tech company without a tech background but find the best tech...
The future has arrived. Today, computers can nearly mimic the human mind’s ability to learn, think, reason, analyze and make decisions. This technology is called cognitive computing. Often, cognitive computing is confused with other emerging data science advancements such as business intelligence (BI), deep learning (DL) and machine learning (ML)....
There have been a lot spoken and written about Big Data over the years. In fact, many believe things will get a lot better in every field of life with more advancement in Big Data. However, experts are trying to find many effective ways to manage Big Data. What is...
Traditional commerce and trade practices have always kept the customer in dark about the products being sold and it’s business information. Sellers always had the upper hand while interacting with buyers. This means the true product value was never really made clear to the customer before the purchase. Even when...
Last month, Best Buy accidentally revealed a release date for the Google Pixel Slate. Though there was no confirmation on if the date was official, Best Buy was quick to remove the date. But it seems like the retailer was right. The Google Pixel Slate is indeed releasing on 22 November. Google...
In the ongoing dialogue surrounding automation, one oddity persists: Everyone fears that jobs will disappear, but no one wants to acknowledge the benefits to consumers. Critics (especially in the U.S.) are more afraid of temporary setbacks than they are excited for economic liberation. It’s a different story overseas, with one New...
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