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The top tech trends every business must know

You may have a grasp on what the top tech trends are, but do you know what to do with them in your business? Let’s dig deeper together.

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Tech trends that affect every business

You’re already on email, probably on Twitter or Facebook, you probably have smartphone, and the “cloud” is no longer an elusive concept. There are five major trends right now that every business must know, no matter the industry: mobile, social, big data, apps, and the cloud. In the following presentation, ten stats are revealed for each trend:

What in the world should you do with this information?

So now you know the stats, the trends, and the direction we’re heading, but you may still be scratching your head (or maybe you’re just overwhelmed).

So what if everyone’s on a mobile device? So am I

The stats reveal the purchasing power of mobile device users, so as a business, you should be sure that your site is mobile-friendly, but guess what? That doesn’t mean that you have a site that opens on a phone, because if people have to manually zoom in and out and try to click on the one pixel wide button, they’re moving on and you’ve lost out on business. While some brands have entire apps developed, your web developer can less expensively design a responsive version of your site which means it changes sizes based on the device being used and buttons become bigger on smartphones, etc.

So what if people use a mobile device in a store?

Do you offer a product? If it’s in stores, most people are showrooming (whipping out their phones to price compare with competitors, while in the store looking at your product), so they may be inspired to leave to find a competitor’s product elsewhere on the cheap. Conversely, if your site is mobile and easily found in search engines, people that are showrooming in stores may end up finding you and coming to you. That’s a huge win and why you should love mobile technologies.

So what if everyone’s gaga over social media?

Yes, Twitter, Facebook, Pinterest, and YouTube may all be overwhelmingly noisy and crowded to you, but the reach is far more powerful than print or television media, and lead generation opportunities abound. As we’ve said for over half of a decade now, your brand should study the social networks, choose one where your clients congregate, and get really good at providing a value to that social network before adding another. YouTube is the second most popular search engine next to Google, and video is on fire, but poor quality video is sliding in popularity – putting effort into video, making sure the description is complete and the transcript is accurate and uploaded properly, you’ve landed yourself in a second form of a search engine. But if typed word is more your speed, remember that most people are using social media as a recommendation engine, asking their networks who/what they should use – so if you’re not present, how will people remember to refer to you?

So what if the cloud keeps documents safe and saves me money?

If those two reasons aren’t enough, think about the new paperless office – the ability to hold out your tablet, have a document reviewed and signed by a client, then a copy emailed to all parties – no more filing, no more lost papers, no more faxing crap back and forth and re-faxing when someone missed a signature. When you’re in the cloud, your entire office is at your fingertips – no more having to go back to the office for that presentation on your desktop, no more going back and forth to get a book of your products/services that you forgot to put in your car. You get the point – it’s a time saver in addition to the stated benefits of being a cost saver and safety net.

So what if big data is a big deal? I don’t get it.

We hear that a lot. Big data is just a fancy way of saying “you have massive amounts of digital data,” and the chances of you having done anything with it is slim – just like the majority of companies collecting data across the globe. The truth about big data is that there are now programs that make sense of all of this massive data you have, making it actually useful. Do you have spreadsheets of clients and data going back to 1983? You’ve got big data. Have you tracked sales in a software program since 1996? You have big data. So add on a layer of programs that can tell you trends about that data, and you’ve got legitimate business intelligence – something that used to cost brands millions to decipher. No more.

Here are two fascinating examples two companies making sense of big data:

  1. Polygraph analyzes brands on Facebook
  2. gazeMetrix captures visual mentions of brands online

So what if everyone has an app?

If your brand is one person and you’re doing something millions of others do (insurance sales, real estate, graphic design), you probably don’t need an app, especially in light of the high abandonment rate, even for paid apps. But if you offer something unique that an interactive experience would enhance sales, an app might be the answer. One of the huge benefits of an app is that you can send push notifications to users, so let’s say you operate a food truck company and you have three trucks running around Seattle during lunch – if someone has your food truck app, perhaps they can get an alert on their phone every time one of your trucks is parked within a mile of where they currently are, based on location awareness.

Maybe you sell vegan energy bars, and while popular, they’re not in every store, so why not have a simple app built that alerts users when they’ve entered a store where their favorite product (yours) is sold? Perhaps you’re a real estate broker and you want your clients to be able to hold up their phone in a neighborhood and see all homes listed on the MLS through their camera, with a price tag hovering over homes for sale in real time – augmented reality apps already exist, but with some twists, yours can be unique and useful (like listing below the price the distance to the nearest store, bus stop, public park, or its walkability score or heck, the last sale date of the property if available). Stand out, add value, and you have a reason to have an app, otherwise, stick to your website.

Tech News

Defense startups are getting beaucoup bucks from the DoD

(TECH NEWS) Some tech companies are getting large venture capital because the Department of Defense is looking for new defense startups.

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While private investors remain wary of funding defense startups, they are still keeping an eye on the possible venture opportunities. Meanwhile, the Pentagon is hoping domestic investors will increase spending into these startups in order to compete with China’s strategy of creating private equity firms to invest into foreign technologies.

A major reason for the growing interest by venture capitalists is the shift in focus from traditional weapons to tools for information warfare, meaning software and tech systems. Defense startups are creating products that may have multiple benefits outside the DoD.

Changes in the defense venture landscape are slow with all three parties learning how to benefit from one another. Startups realize working with the DoD is a “mission-driven objective” as stated by Ryan Tseng, founder of Shield AI. “We went into this eyes wide open, knowing full well that to the venture community, the math doesn’t make sense.”

However, there are several big investor players already in the game. Andreessen Horowitz, a top-tier venture fund is banking on the economic sustainability of defense startups in the future. They’ve already invested in Shield AI and defense tech company Anduril Industries. Additionally, the Founders Fund, another big name venture firm led by Silicon investors Peter Thiel, Brian Singerman, and Ken Howery is investing in Anduril and goTenna after successfully backing SpaceX and Palantir Technologies.

Defense companies’ emphasis on tech could be the answer to challenges usually associated with DoD investments like competing against dominate manufacturers with steady government contracts and long procurement cycles. U.S. Code 2377 stipulates that commercially available items be considered first in procurement efforts. If defense startups can enter the market, they will also stand a chance of winning government contracts over bigger, traditional companies, thus diversifying the playing field.

But until there is a greater guarantee of a payoff, investors are likely to remain skeptical. The possibilities for this new generation of defense companies is going to needs some more wins to prove the future is in their corner.

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Tech News

Goal-based project management tool simplifies your work life

(TECH NEWS) If you are struggling to keep tasks straight then this new tool Qoals allows for a simpler and more straightforward way to accomplish goals as a team.

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Qoals pitch

We all have goals – whether they be personal, professional, financial, etc. Anyone can set a goal, all it takes is having a thought and assigning it a certain level of importance. However, not everyone completes their goals due to the oft difficulties and confusions associated with execution.

Like anything else, if there’s a will, there’s a way. A new way has been found in the form of Qoals – a simple and straightforward tool that helps you to get aligned around business goals instead of an endless wall of tasks.

The ability to complete goals is done through: setting goals, adding tasks, collecting things, and tracking progress. With this, everyone on your team has access to this information to keep tabs on what’s happening.

With setting goals, you create and prioritize your goals, letting your team members know which ones are most important at that time. Goals can be prioritized with tabs such as: long term, short term, and urgent. By adding tasks, you can add and assign tasks to set a clear path in order to complete set goals.

In collecting things, you collect resources related to your goal and keep them in one safe place (again, this is accessible to your whole team). This doesn’t require uploading files, but simply including links to resources to keep everything easily accessible. Finally, by tracking progress, everyone on the team can see where you’re at with your goals – which saves time with the follow ups of “how’s Goal X going?”

Why did Qoals develop this goal-oriented approach? “It’s about time we simplify things,” according to the official website. “Get aligned around goals and let everyone know what’s important for the business. Add goals under various projects and start adding tasks and resources to make that goal happen.”

Additionally, Qoals boasts that this provides users with a birds-eye view of what’s happening with their team, allowing them to be more human-centric. You can create unlimited projects, set and track your goals, collected everything related to said goal, keep the discussion relevant, access your tasks with one click, stay connected to your team, and see what’s going on at a glance.
Qoals is currently in beta.

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Tech News

7 ways AI will transform health care

(TECH NEWS) Instead of worrying about the singularity of AI technology, let’s shine a ray of hope, and show one of the best ways to use AI robots.

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Artificial intelligence (AI) has revolutionized business practices across many industries. With 39% of health care providers investing in AI-related technologies, it’s safe to say it’s about to transform the medical industry as well. AI’s disruptive potential may increase profits in other sectors, but in health care, it can save lives.

While robots aren’t quite ready to replace doctors, they can help them accomplish their tasks with higher speed and precision. AI in the hospital is not just a thing of the future, either. All around the world, smart machines are already assisting medical staff in a variety of ways.

As this technology refines, machine learning will become an increasingly regular part of medicine. Here are seven ways AI will transform health care in the coming years.

1. Robot-Assisted Surgery

It may sound like something out of a sci-fi movie, but surgery robots are already in use. In 2017, more than 690,000 surgeries were assisted by robots in the U.S. alone. As these machines continue to demonstrate their worth, they’ll appear in more operating rooms.

Robotic surgeons like the da Vinci Surgical System offer more precise and less invasive movements than human hands and traditional tools. With AI, they can improve upon surgical methods. AI-enabled surgery bots can notice reactions in a patient invisible to the human eye and make necessary adjustments.

2. Early Diagnoses

Intelligent programs can quickly analyze vast amounts of information. This unique talent makes AI ideal for making preliminary diagnoses in patients. Smart machines can take note of patients’ symptoms and interpret them to make an early diagnosis while doctors make their rounds.

The accuracy of these diagnoses will improve as AI develops, but even at its current state, they can be useful. Doctors can use them as a starting-off point. A list of likely diagnoses can be a helpful resource to doctors when trying to diagnose patients as quickly as possible. They might also make health care professionals consider options they otherwise wouldn’t have thought of, increasing accuracy.

3. Administrative Assistance

Treating patients is not the only duty of health care professionals. Doctors and nurses have to take records of patient data, from symptoms to insurance information, so they can refer to them later or send them to other hospitals. This process can take time, and any issues along the way can create problems for patients and doctors alike.

IT usability is a critical part of health care, and AI can optimize it. Intelligent systems can find ways to streamline the information-sharing process, ensuring health workers get the data they need as soon as possible. AI can also handle administrative tasks like scheduling and logistics, allowing hospital staff to focus on more pressing concerns.

4. Health Screenings

Just as AI applications can diagnose patients, they can also make predictions about a person’s fitness for a given situation. Predictive analytics is an AI function that analyzes historical data to make predictions about future outcomes. AI systems can use predictive analytics to perform more nuanced health screenings.

AI can tell doctors is a patient would be fit for surgery or not. Similarly, it can advise people if they aren’t a suitable candidate for physically exerting activities or tests. These analytics consider a wide range of data, including things a human might overlook, leading to more accurate predictions.

5. Remote Monitoring

AI can also optimize health care outside of the hospital. Wearable technology is already prevalent with products like Fitbit, and the medical industry can use this to its advantage. With wearable health-monitoring devices, doctors can monitor their patients remotely.

Remote monitoring devices can alert patients if they need to see a doctor. Should an emergency occur, they can also alert hospital staff so they can send an ambulance. These noninvasive technologies will allow patients with conditions such as heart disease to live without fear by providing them with almost instant assistance.

6. Robot Nurses

Intelligent robots can help fix the nursing labor shortage by filling in those vital roles. Nursing robots are already working in Japanese hospitals and may soon see use in the U.S. These machines can help patients move, reduce their stress and remind them to take their medicine.

With AI, these robot nurses can adapt to each patient’s needs and desires. By analyzing how different people respond to various stimuli and situations, they can customize care. Intelligent nurse robots treat patients in a manner ideal for their health and comfort needs.

7. AI-Enabled Genomics

Compared to humans, AI is better suited for data-heavy tasks. Since DNA sequencing is a form of data analysis, it’s an ideal area to employ AI.

Using artificial intelligence in genomics has already shown impressive results. In 2019, an AI system identified new genetic mutations that contributed to autism. The system could detect patterns in DNA humans would not be able to, as well as predict how changing each gene would affect a person.

AI Is Revolutionizing Medicine

Artificial intelligence is changing the way the health care industry operates. With continued research and improvement, AI systems could save countless lives.

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