Technology Trends


Proliferate Integration Not Products

20

Sep 2017

Proliferate Integration Not Products

In a previous Trackmind post, we discussed the importance of innovation, and how to do it.  However, innovation can be a double edged sword, you may be just as likely to stab yourself with it.  One example of product proliferation run amok is Royal Philips.  According to a HBR article, in the early 2000’s Philips was the top patent filer in Europe and amongst the...

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How to Develop Your Data Strategy

13

Sep 2017

How to Develop Your Data Strategy

For the first time in human history the annual amount of internet traffic surpassed a zettabyte of data. According to an article, by Harvard Business Review, that is the equivalent of a hundred and fifty million years of HD video. With this unfathomable amount of data being processed, it has become vital for all businesses to develop their own strategies to maximize profits from data....

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Innovation Now

30

Aug 2017

Innovation Now

The old proverb, necessity is the mother of invention, still holds true today in the modern digital landscape. However, is necessity and invention enough? This is being reactive, and waiting for a trend to have already arrived. What your your company truly needs is innovation, and today we will go over what its mother is. In order to be digital capable, your company will need...

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Are You Digital Capable Pt. 1

10

Aug 2017

Are You Digital Capable Pt. 1

In a previous blog post  we gave you the tools to kickstart your digital enterprise.  This week we will go over the necessary capabilities/positions to make sure your enterprise doesn’t become the next Yahoo!  Talent is the most important aspect of digital integration, it takes time to develop the necessary skills to be successful, and it takes determination as you must constantly adapt to the...

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Digitize Me Captain

03

Aug 2017

Digitize Me Captain

A prosperous business should be adaptable, but how can a business be adaptable when emerging technology cycles occur at an accelerated rate.  Even forward thinkers are baffled by the necessary skills and capabilities required to maintain a competitive edge in the digital market.  Emergent trends such as Big Data, IoT, and social media require digital capabilities and  adaptable talent in order to be an asset...

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Will Your Tech Succeed

24

Feb 2017

Will Your Tech Succeed

When creating  new technology, it is not only the technology that is important, but also  the underlying ecosystem that driving the technology that fundamentally determines its success. Ecosystem factors determine the rate of acceptance for a new technology, and when a new technology is competitive against an older entrenched tech, the new technology’s acceptance rate will be hindered.  How do you determine at what rate...

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Why Customer Experience Matters

13

Feb 2017

Why Customer Experience Matters

Application market growth has created a renaissance in product development.  Companies’ foci are shifting from building physical products to sell, to  focusing on the development of electronic apps. The average cost of developing an app is $6,453, but can also go as high as $150,000, according to Alex Ahlund’s article for TechCrunch, Ahlund was the former CEO of AppVee and AndroidApps. The profitability of an...

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The Top Methods to Foster Intrapreneurship Pt. 2

06

Feb 2017

The Top Methods to Foster Intrapreneurship Pt. 2

This is part two of the top methods to foster Intrapreneurship.   Last week, we demonstrated several ways  to create the culture necessary to foster Intrapreneurship and to make sure that the creation of such an environment does not create a kink in the flow of your company’s progress.  Today we will demonstrate how to best facilitate the creation of projects for the young Intrapreneur...

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The Top Methods to Foster Intrapreneurship Pt. 1

30

Jan 2017

The Top Methods to Foster Intrapreneurship Pt. 1

As discussed last week, Intrapreneurship is the practice of bringing ideas to life within a company. This week, we will be showing the best methods to create the ideal environment for the Intrapreneur to prosper.  Today’s post will be the first part on the top methods for successful Intrapreneurship, and will focus on establishing the proper culture and infrastructure for Intrapreneurship to succeed. The act...

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Prosperity Through Intrapreneurship

23

Jan 2017

Prosperity Through Intrapreneurship

With a stifled economy, and an unfulfilled young workforce, companies are looking inward to solve these growing problems.  The solution may be far simpler than you could possibly imagine, and surprisingly cost effective.  To both generate new sources of revenue, and retain young talent, companies are turning to the concept of Intrapreneurship.  A basic definition of Intrapreneurship is the practice of fostering innovation in your...

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