A naukri.com initiative
Innovation News
Medium
3w
264
Image Credit: Medium
The Month in Review — November 2024
- The article talks about outreach initiatives to help researchers and academics strike a balance between research work and entrepreneurship.
- The author discusses a project to help researchers prepare for startup life, especially dealing with investors.
- Given the author's VC background, the author feels they have something to offer to prepare researchers in dealing with investors.
- The author hopes to make progress on these projects before the end of the year and set the stage for a great 2025.
- The author engages in outside activities in November, including giving a talk about impact investing at DIS and participating in a panel on AI in healthcare at Digital Health Copenhagen's meetup.
- The author is a small time advisor to Aisel, a company that is adding pilot customers to their first product and fundraising.
- The author reflects on regrouping as a family after a tragic loss of Christina's father, who had been battling cancer.
- The author expresses gratitude towards DTU Skylab for providing flexibility during this difficult time.
Read Full Article
15 Likes
Medium
3w
167
Image Credit: Medium
E3’s Downfall: Why the Gaming Giant Couldn’t Survive
- E3, once the premier event for gaming enthusiasts and industry giants, faced challenges such as high costs and logistical issues.
- The COVID-19 pandemic forced E3 to transition to a virtual format, which failed to capture the magic of in-person events.
- Participant withdrawals, including major players like Sony and Microsoft, highlighted the need for financial agility and responsiveness to industry shifts.
- The rise of alternative gaming events and digital showcases emphasizes the importance of remaining relevant and embracing technology.
Read Full Article
10 Likes
Medium
3w
325
Image Credit: Medium
AI: A New Era, Yet a Story as Old as Innovation Itself
- Technology, including AI, is neutral and can be used for good or exploitation.
- Competition and strategic maneuvers among influential figures shape the future of AI.
- Financial interests often take control of technology when it reaches a certain level of influence.
- The public should be engaged, informed, and proactive in harnessing the potential of AI.
- Humanity has faced similar challenges with past technological advancements and has navigated them successfully.
Read Full Article
19 Likes
Medium
3w
127
Image Credit: Medium
Intel Admits AI Decreases Productivity
- Intel admits that AI doesn't actually improve productivity.
- Intel is struggling in the AI infrastructure race against competitors like Nvidia.
- A study found that people lose on average 15 hours a week on digital chores.
- AI PCs did not provide the time-saving benefits expected by Intel.
Read Full Article
7 Likes
Inkbotdesign
3w
181
Top 10 Cost-Effective Marketing Strategies for Startups
- Cost-effective marketing is crucial for startups as every pound counts. It helps in building brand awareness, sustainable growth, and adapting to change.
- Cost-effective marketing is an excellent way for startups to gain a competitive edge over their opponents by being flexible, innovative and engaging with the local community.
- Creating a strong online presence for a startup is essential. Cost-effective marketing techniques like social media marketing, SEO, email campaigns, and user-generated content can help in building a robust online brand presence.
- Customer loyalty is invaluable for any startup. Cost-effective marketing strategies like referral programs or community engagement on social media help in cultivating long-term relationships with customers.
- SEO is a cornerstone of any strong marketing strategy that can help in generating organic traffic, building credibility and trust, and laying the groundwork for financial success.
- Measuring ROI is crucial to understand which marketing strategies work and which don't. It helps in identifying campaigns that yield a positive ROI, allocating resources effectively, and optimizing marketing efforts.
- Some common challenges in cost-effective marketing include limited budget, measuring effectiveness, increasing competition, keeping up with trends, creating quality content consistently, and engaging the audience.
- Some effective solutions to these challenges are prioritizing high-impact areas, using free tools, setting clear KPIs, targeting niche markets, staying up-to-date with trends, experimenting regularly, and investing in skills.
- Maximizing marketing impact on a budget requires strategic thinking, cost-effective tactics, and genuine engagement with the audience. It's about spending wisely and being resourceful.
- Embracing creativity, building community, and being authentic are essential principles that propel startups forward.
Read Full Article
10 Likes
Gizchina
3w
181
Image Credit: Gizchina
Samsung India Opens New Experience Store in South Delhi
- Samsung India has launched its biggest premium experience store in South Delhi’s upscale South Extension Part II.
- The flagship store offers a space where innovation and personalization come together, making every visit special.
- The Samsung Experience Store spans 3,400 square feet and showcases the brand’s newest smartphones, tablets, laptops, audio devices, and the SmartThings ecosystem.
- Customers can enjoy exclusive launch offers and discounts, as well as Samsung Care+ plans for extra help with their devices.
Read Full Article
10 Likes
Medium
3w
266
Image Credit: Medium
The Risks of Artificial Intelligence in Medicine: Balancing Innovation and Patient Safety
- AI systems in medicine carry risks related to inaccurate diagnoses and treatment recommendations due to incomplete or biased data.
- Privacy and data security concerns arise from the use of extensive patient data in AI-powered medical systems.
- Ethical dilemmas arise in decision-making and potential reinforcement of biases in healthcare.
- Dependence on AI may reduce critical thinking skills and create concerns about continuity of care.
- Regulatory and legal challenges, economic impacts, and the need for mitigation strategies must be addressed.
Read Full Article
15 Likes
Medium
3w
397
Image Credit: Medium
Food for Agile Thought #471: Disruptive Innovation, Empowered Product Teams, Decoupling OKRs…
- Steven Sinofsky discusses the resilience and boldness required for disruptive innovation.
- Robert A. Calkins shares leadership insights from Star Trek: TNG.
- Michael Y. Lee explores the complexities of decentralization.
- Jason Little and Dawna Jones offer strategies for managing organizational tangles.
Read Full Article
23 Likes
Pymnts
3w
26
Image Credit: Pymnts
CEO Interview: Skincare Brand Takes Loyalty — and Data — Personally
- High-end beauty company, 100% Pure, has a loyal customer base thanks in part to its personalization-focused marketing strategy.
- A majority (75%) of the company's traffic comes from mobile devices, with half of those interactions resulting in purchases.
- To cater to individual preferences and behaviors, the company uses data sources to create personalized experiences and marketing campaigns.
- Exclusive, experience-driven loyalty programs have become instrumental in retaining customers and driving repeat business.
- The brand's products are made from natural, non-toxic ingredients, with the company evolving its marketing and distribution strategy to thrive.
- The company now distributes its products through specialty retailers, spas, its own boutiques and online.
- Understanding customer behavior through data is key to driving future success and building trust for the brand.
Read Full Article
1 Like
Medium
3w
298
Image Credit: Medium
Does Snapchat Use AI?
- Snapchat uses AI algorithms to enhance user experience with its multifaceted social media platform.
- AI influences various aspects of Snapchat from image processing to user engagement.
- The most noticeable application is in its lenses and filters which use image recognition technologies powered by AI algorithms.
- AI analyses chat interactions, preferences, and content engagement to shape user recommendations which feel personal and relevant.
- Machine learning algorithms analyse engagement patterns and content liking-disliking to deliver unique content in the Discover section of Snapchat.
- AI tracks engagement regarding snaps and stories, and with predictive analytics, it predicts what the user may be interested in next.
- Snapchat also employs AI tools to enhance user safety by detecting and flagging content that violates community standards and identifying and filtering out spammy content or accounts.
- Snapchat uses AI to evaluate how users interact with ads in real-time, providing feedback to marketers for continuous improvement.
- The gamification elements of Snapchat foster a sense of belonging by encouraging users to interact daily with AI tracking and promoting these features.
- As technology advances, Snapchat will aim to create a platform that uses AI to meet user demands and capture moments that matter.
Read Full Article
17 Likes
Fintechnews
3w
137
Image Credit: Fintechnews
Airwallex Impact: Driving Innovation and Philanthropy in Singapore’s Fintech Ecosystem
- Airwallex is contributing to Singapore’s Fintech ecosystem with its philanthropic arm, Airwallex Impact, which supports startups and encourages innovation and philanthropy through a new long-term plan.
- Through the Pledge 1% movement, Airwallex has committed 1% of its equity, profits, products and employee time, valued at over $56m, to community and philanthropic work.
- Airwallex for Startups programme is also being scaled up in Singapore and Australia, aimed at supporting start-ups and providing mentorship, partner offers and networking opportunities.
- Airwallex Impact is aimed at building a culture of giving in conjunction with financial contributions where employees will be encouraged to spend three days per year volunteering.
- Starting mid-2025, Airwallex will offer discount products to select non-profit organisations with the aim of making cutting-edge fintech tools accessible and affordable.
- The Singapore Fintech Association (SFA) welcomes the launch of Airwallex Impact and highlights Singapore as a key player in driving entrepreneurship linked to social responsibility.
- Airwallex is supporting Singapore’s philanthropy drive by awarding its first SG$10,000 Level-Up Business Grant to NatureThings, a start-up that integrates nature into urban ecosystems for human spatial wellbeing.
- Jack Zhang, CEO and Co-founder of Airwallex, stresses the importance of giving back, highlighting the reward and joy that comes with helping the entire ecosystem to flourish.
- Airwallex’s philanthropic journey began in 2022 with an official partnership with the University of Melbourne to fund scholarships for students. The plan is to expand these efforts to Singapore and beyond, supporting diverse backgrounds students in becoming tomorrow's tech leaders.
- Airwallex’s initiatives align with Singapore's vision of inclusivity, innovation, and sustainability and Austrade highlights Airwallex’s global success and looks forward to the power of Airwallex Impact.
Read Full Article
8 Likes
Medium
3w
389
Image Credit: Medium
How AI Is Revolutionizing Boxing: From Training to Fight Night
- Wearables and apps like Hykso Punch Trackers and Corner’s boxing sensors are using AI to record punch counts, speed, and power.
- AI systems like FightCamp deliver personalized workout plans tailored to a boxer’s fitness goals.
- AI-powered motion analysis tools like Dartfish help fighters master their movement by comparing it to professional standards.
- AI analyzes opponent tendencies based on fight footage, giving trainers a strategic edge.
Read Full Article
23 Likes
Hackernoon
3w
190
Image Credit: Hackernoon
Leadership in Product Development and IT Services: Insights from Sarat Chandra Routhu
- Leadership in product development and IT services is never simple.
- Sarat Chandra Routhu is a leading figure in IT with over 16 years of experience in product development, database engineering, and privacy compliance.
- Sarat played a pivotal role in the development and marketing of Vaave, an alumni engagement platform designed to address the networking and engagement needs of institutions.
- Sarat made an impact in the privacy compliance space at Sephora by creating an enterprise-level Consumer Privacy Rights portal, and automating the process to save hundreds of thousands of dollars.
- Sarat's work in automation and privacy management directly addressed challenges, helping Sephora build resilience against data breaches and regulatory risks.
- Throughout his career, Sarat has championed a culture of continuous improvement, never settling for the status quo.
- In the context of cybersecurity, Sarat’s innovations in privacy and compliance engineering address critical gaps in protecting Personally Identifiable Information.
- Sarat envisions a future where cybersecurity and privacy are seamlessly integrated into every aspect of IT services, driven by automation and proactive risk management.
- Sarat's forward-thinking approach and unwavering dedication position him as a trailblazer in the industry, shaping the future of IT services, privacy compliance and cybersecurity.
Read Full Article
11 Likes
Medium
3w
22
Image Credit: Medium
A bad solution is always more comfortable than a problem
- Our brains naturally tend to choose comfortable and familiar solutions over deeper analysis and addressing root causes.
- This tendency persists at every level of business, from adding reporting layers to implementing workarounds.
- Organizations encourage comfortable solutions by seeking quick consensus and avoiding necessary discussions.
- True progress requires the courage to face problems head-on, even when the solutions may be challenging.
Read Full Article
1 Like
Silicon
4w
1.1k
Image Credit: Silicon
OpenAI Allows Staff To Sell $1.5 Billion Stock To SoftBank – Report
- SoftBank is set to acquire more OpenAI shares through a $1.5 billion tender offer for current and former employees.
- Eligible employees, holding restricted stock units for at least two years, can sell their shares at $210 per unit, matching OpenAI's $157 billion valuation in its October 2024 funding round. The deal, driven by SoftBank CEO Masayoshi Son, aims to increase SoftBank’s stake in the AI leader after its $500 million investment in October.
- Employees have until December 24 to participate. This move underscores SoftBank's focus on AI amid growing competition from Microsoft, Google, and others.
Read Full Article
9 Likes
For uninterrupted reading, download the app