A naukri.com initiative
Innovation News
Medium
1M
186
Image Credit: Medium
Driving User-Centric Innovation in Product Management: Balancing Technical Precision with Market…
- Product Managers must analyze competitive products, anticipate user needs, and identify gaps that can be turned into opportunities.
- Customer journey mapping and persona development helps to define features that provide unique value.
- Competitor benchmarking and SWOT analysis offer a balanced perspective on both the internal and external factors that could influence a product’s success.
- PMs must foster relationships across functions, translating between technical and business languages for engineering, design, marketing, legal, and UX.
- Data serves as the best guide to drive decision-making in product management, from ideation to post-launch evaluation.
- Technical fluency and understanding of programming fundamentals help PMs effectively communicate with engineering teams while managing timelines and setting realistic goals.
- Incorporating frameworks like Scrum and Agile helps maintain structure within development sprints and keep product teams on track.
- PMs must prepare for product launches by implementing metrics to track initial product performance and defining KPIs aligned with product goals.
- PMs continuously monitor product performance and collect feedback to refine and iterate, with a proactive mindset to troubleshoot and release fixes promptly.
- PMs drive innovation by challenging assumptions, soliciting feedback from users, and staying up-to-date with emerging technologies.
Read Full Article
11 Likes
Medium
1M
245
Understanding Generative AI: The Tech Behind ChatGPT and Beyond
- Generative AI is a subset of artificial intelligence that creates new content based on learned patterns from vast datasets.
- Large Language Models (LLMs) like OpenAI's GPT-4 are at the core of generative AI, understanding and producing human-like text.
- The backbone of modern AI models is Mills, which allow them to understand context from entire sentences rather than word by word.
- Generative AI is transforming various industries, including creative arts, medicine, education, and workforce training.
Read Full Article
14 Likes
Silicon
1M
1.4k
Image Credit: Silicon
Google Jarvis AI Extension Leaked On Chrome Store
- Google accidentally leaked its upcoming AI agent, Jarvis AI, on the Chrome extension store.
- Jarvis AI is expected to browse the web for users in Google Chrome and automate certain web browsing tasks.
- Some users were able to download the Jarvis AI prototype before it was removed, but couldn't use it due to specific access permissions.
- Google plans to officially unveil Jarvis AI in December.
Read Full Article
12 Likes
Medium
1M
167
Image Credit: Medium
How Space Tourism is Changing the Landscape of Science and Discovery
- SpaceX, Blue Origin, and Virgin Galactic are pioneering companies transforming space tourism from dream to reality.
- SpaceX's reusable rockets have reduced the cost of space launches, and they are developing the Starship spacecraft for travel beyond Earth.
- Blue Origin focuses on suborbital space flights, aiming to bring the space experience to a broader audience.
- Virgin Galactic is developing a suborbital tourism experience, offering microgravity and panoramic views of Earth.
Read Full Article
10 Likes
Medium
1M
445
Image Credit: Medium
Thinking Outside the Box as a Product Manager: How to Cultivate an Innovative Mindset
- Question the boundaries and assumptions to foster innovative thinking.
- Use lateral thinking techniques like mind-mapping and analogies to gain new perspectives.
- Trust your intuition and explore ideas that may lack substantial data backing.
- Encourage bold thinking through brainstorming sessions with no limits.
Read Full Article
26 Likes
Medium
1M
263
Image Credit: Medium
Apple Intelligence: Is Really a Game Changer?
- Apple has been at the forefront of technology, constantly innovating with each product release.
- The company has been making its ecosystem smarter, more tailored, and more efficient through advancements in artificial intelligence (AI).
- Apple has integrated machine learning (ML) into its devices, improving the user experience and changing the consumer technology market.
- The development of AI within Apple's ecosystem has the potential to shape the future of artificial intelligence.
Read Full Article
15 Likes
Pymnts
1M
136
Image Credit: Pymnts
Voice AI Orders Go Mainstream as Fast Food Chains Feed Millions
- The adoption of AI-powered voice technology in the fast food industry is increasing, with Taco Bell handling 2 million customer orders using AI-powered conversation systems.
- Major chains like Taco Bell are rolling out AI ordering systems to enhance speed and accuracy in customer interactions.
- AI voice technology is reshaping retail, with 27% of consumers using voice prompts for shopping tasks, and significant engagement from Generation Z and high-income shoppers.
- While AI voice technology offers cost savings and improved customer service, human roles remain essential for efficiency, control, and customer comfort.
Read Full Article
8 Likes
Pymnts
1M
54
Image Credit: Pymnts
Clearing Up Pay-by-Bank Confusion Requires Education and Incentives
- Last week, Nacha formed a project team to explore the concept of pay by bank and address operational, risk, and educational issues.
- There is confusion surrounding pay by bank, as many consumers are unfamiliar with it and its benefits, leading to resistance in adopting the payment option.
- Pay by bank encompasses various payment schemes, including direct debit, real-time credit transfer, and peer-to-peer transactions, depending on the payment type.
- To encourage adoption, merchants can incentivize pay by bank with cash back and discounts, while providers can leverage open banking technology to innovate payment options.
Read Full Article
3 Likes
Pymnts
1M
449
Image Credit: Pymnts
AI Retail Race Heats Up as Shopify, Amazon and Google Launch New Tools
- Coveo partners with Shopify Plus to enhance AI personalization for online merchants, enabling real-time customization of search results and product recommendations.
- Jeff Bezos invests $400 million in Physical Intelligence, a company developing dexterous robots that can handle objects like humans, as major retailers accelerate automation efforts.
- Google's camera search tool, Lens, processes 20 billion searches monthly, with shopping queries making up 20% of traffic. New AI features allow users to instantly see product details and prices by photographing items.
- Google's security team warns of increasing AI vulnerabilities in commerce, urging companies to overhaul cybersecurity practices to defend against sophisticated AI-powered attacks.
Read Full Article
27 Likes
Silicon
1M
63
Image Credit: Silicon
Amazon Mulls New Multi-Billion Dollar Investment In Anthropic – Report
- Amazon is reportedly in talks to make another huge financial investment in AI start-up Anthropic.
- The investment would be structured similar to Amazon's previous investments, but with the condition that Anthropic uses Amazon-developed silicon hosted on Amazon Web Services (AWS) to train its AI.
- Anthropic, however, prefers Nvidia chips, but Amazon is developing its own faster and cheaper AI chips.
- Amazon has already made notable investments in Anthropic, initially investing $1.25 billion in September 2023 and later adding an additional $2.75 billion in March 2024, completing a $4 billion investment.
Read Full Article
3 Likes
Eu-Startups
1M
13
The new face of Madrid: 10 startups defining the city’s entrepreneurial spirit
- Madrid has become a prominent force in the European tech landscape, fueled by government initiatives and an influx of talent, particularly from Latin America.
- Madrid’s thriving ecosystem has resulted in an increase in venture capital investment and startups that span diverse sectors such as fintech, biotech, and sustainable energy.
- In this article, 10 promising early-stage startups based in Madrid after 2021 are highlighted, each set to shape the future of innovation in the coming years.
- Clevergy has raised €2 million to develop an app that works with marketers, enabling customers to make informed decisions about their energy usage.
- Cocoon Bioscience has developed an innovative platform using insect cocoons to produce high-performance recombinant proteins and enzymes, successfully raising €17 million.
- Correcto is an AI-driven writing assistant that enhances Spanish writing by delivering real-time corrections for spelling, grammar, and punctuation, it has raised €7 million.
- Embat is a fast-growing fintech company that has successfully raised €21.2 million to automate treasury management for businesses using real-time banking connectivity and AI-driven accounting.
- Galeneo Health emerged during the pandemic to provide primary home healthcare for patients and has successfully raised €1.
- Luzia has developed an AI-powered chatbot that integrates with WhatsApp and transcribes audio messages, answering questions, generating text, translating languages, and assisting with creative writing within the app.
- ONUM is a cloud-based platform that tracks and analyzes data for companies throughout the cycle, from collection to storage, and has raised €37.4 million.
Read Full Article
Like
Pymnts
1M
404
Image Credit: Pymnts
Panel: The Future of B2B Commerce Is Balancing Innovation With Risk Management
- FinTechs and financial institutions are forming alliances to address legacy opportunities and challenges in B2B while driving change for the road ahead.
- Tribh Grewal and Jonathan Vaux discussed how they're putting together traditional and modern financial solutions to elevate competition.
- The deployment of virtual cards helps to address the inefficiencies associated with cross-border payments — cost, transparency and tracking.
- Collaborations with FinTechs enable Discover to offer versatile ecosystem supporting digital payments and cross-border capabilities for SMBs, corporates and travel providers.
- Experts stressed the importance of the evolving ecosystem in B2B payments that's enabling more collaborative models between FinTechs and banks.
- FinTechs helps to cater to specific customer segments and offer tailored lending services, providing SMBs access to working capital faster than traditional banks.
- One of the key challenges in taking a combined approach to driving B2B payments forward is balancing the speed of innovation with robust risk management and compliance.
- Hackers are constantly searching for the weakest link, requiring a collaborative approach to risk mitigation by integrating best-in-class solutions.
- Partnerships between FinTechs and traditional institutions will be pivotal in the future evolution of B2B payments.
- There is an increasing need for tailored, niche services to offer customized differentiated services to new customer segments.
Read Full Article
24 Likes
Pymnts
1M
136
Image Credit: Pymnts
New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
- Amazon expands its grocery offerings in Mexico through a partnership with Jüsto.
- Walmart maintains its lead in grocery delivery with Walmart+ and cost-effective same-day delivery.
- Amazon Prime struggles to replicate Walmart's grocery success.
- Other developments include AWS launching an AI Partner Alliance and Walmart using electric vans for in-home delivery.
Read Full Article
8 Likes
Pymnts
1M
222
Image Credit: Pymnts
Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
- Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores.
- Online SMBs reported an average annual revenue 21% higher than their in-store counterparts.
- Online businesses have better access to financing compared to brick-and-mortar businesses.
- Online businesses prioritize growth through innovation, while in-store businesses focus on cost-cutting measures.
Read Full Article
13 Likes
TechSpark
1M
177
Tech news roundup: 08.11.24
- UK-based e-commerce fulfilment startup Huboo raises £45m in funding
- Channel 4 announces plans to deliver 600 jobs outside London
- Graphcore begins hiring drive with 75 new jobs
- Tech news roundup: 08.11.24
Read Full Article
10 Likes
For uninterrupted reading, download the app