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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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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
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How Amazon’s Higher Wages Could Increase Productivity

Harvard Business

Given Amazon’s well-deserved reputation as a data-driven (and long-term oriented) company, you can bet that Amazon’s management team has done the analysis and figured out that paying employees more is, from a business perspective, more benefit than cost. But there is an important — and often overlooked — second effect.

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Every Organizational Function Needs to Work on Digital Transformation - SPONSOR CONTENT FROM GARTNER

Harvard Business

Digital business reached a tipping point in 2018 as organizations scaled their digital capabilities. Ultimately, every organizational function is having to manage the pressure of change in digital transformation, business models, and other areas. Without that clarity, returns from digital initiatives suffer.

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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 40
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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

On June 25, 2018, Facebook lost market capitalization of more than $100 billion in just two hours of trading after it announced its quarterly performance, despite exceeding analysts’ earnings forecasts. More important, investors would be better off getting managers’ take on those numbers than not having them at all.