Remove 2017 Remove Efficiency Remove Finance
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How Companies Are Already Using AI

Harvard Business

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. By the time he left Amazon in 2013, his group had grown from 35 to more than 1,000 people who used machine learning to make Amazon more operationally efficient and effective. Over the same time period, the company saw a 10-fold increase in revenue.

Company 164
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Drones Help New Industries Take Flight

Tom Spencer

This post explores three areas where drones are currently being used, the data they generate, and how they are being used to increase efficiency and maximise profits. In August 2017, after Hurricane Harvey hit Houston, authorities used drones to assess damage and look for people trapped in their homes or vehicles ( Fortune, 2017 ).

Industry 104
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Why CRM Projects Fail and How to Make Them More Successful

Harvard Business

In 2017, CIO magazine reported that around one-third of all customer relationship management (CRM) projects fail. CRMs today also serve a lot of masters, from executives in the C-suite, technology, marketing, finance, and, oh yeah, sales. PM Images/Getty Images. That was actually an average of a dozen analyst reports.

Sales 132
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Help Your Team Achieve Work-Life Balance — Even When You Can’t

Harvard Business

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. A 2017 survey by Kronos and Future Workplace , reveals that the restructuring of work has resulted in significant burnout.

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The Hidden Costs of Initial Coin Offerings

Harvard Business

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Finance 70
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Blockchain: New Use Cases for Governments and Business

Tom Spencer

Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Low transaction costs will also be necessary to ensure efficient operations and to ensure that blockchain systems offer a cost advantage over the status quo. In 2017, Protokol estimated that $1.2

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Growth of Fintech and Disruption of Brick-and-mortar Financial Institutions

Tom Spencer

The idea that technology can be configured to drastically improve the delivery and usability of finance began taking off following the financial crisis of 2008, when consumer distrust for traditional banks combined with the increasing popularity and functionality of smartphone apps. References: EY(2017) EY FinTech Adoption Report 2017.