Remove 2018 Remove Efficiency Remove Finance
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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. Drones are a useful tool for farmers, and the agricultural drone market is expected to be worth $1 billion by 2024 ( Margaritoff, 2018 ). Agriculture.

Industry 104
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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

Large organisations use technology to store data for accessibility and efficiency but because of this, can be brought to their knees and resort to using pen and paper after a deadly cyber-attack. Right now, we are surrounded by technology that allows us to access information about anyone and anything with the click of a mouse. Image: Pexels.

How To 105
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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. Statista (2018) Mobile Banking in the United States.

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What are the potential risks of digital currency?

Tom Spencer

In 2017, initial coin offerings (ICOs) were also banned in China as a form of “public financing without approval”. trillion in 2018 and around 37% of that revenue was captured by banks. Loss of privacy. Digital currency raises serious privacy concerns. Consolidation in the banking industry. Acts of God.

Banking 88
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Clean Energy Transition: Business Risks and Opportunities

Tom Spencer

Wood was not necessarily phased out, as much as just naturally replaced by coal, which represented a more efficient and denser source of energy. This will increase energy use efficiency, make it possible to incorporate intermittent renewable energy sources such as solar and wind power, and effectively manage fluctuating energy demand.

Energy 88
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3 Questions About AI That Nontechnical Employees Should Be Able to Answer

Harvard Business

But I think we get closer to the heart of AI in 2018 when we think about small and mundane ways in which AI makes work just a little easier. Instead, employees throughout the organization will be able to spot the low-hanging fruit where AI could make your organization more efficient.

Data 52
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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 28