Why Uber, Not HP, Is The Future Of Technology

first_imgIT + Project Management: A Love Affair While HP’s bleak outlook gets the biggest headline, up in the far right is a reminder of just how well the new breed of “technology vendors” is doing. Uber, chasing a potential venture capital round of $500 million and a valuation of $12 billion, isn’t a technology company, though its legal name is Uber Technologies Inc. It provides a service that matches available drivers to people in need of a ride. Yes, that service depends upon Node.js, Python and a range of other open-source software, but few would classify Uber as a technology company, at least not one in the same vein as an HP or SAP.After all, Uber doesn’t sell technology. It sells a technology-based service.The same is true of many other companies that depend heavily on technology but aren’t “technology companies,” per se. Google (advertising), Facebook (social networking), Amazon (um, everything), Netflix (entertainment) and many others all point to a trend captured three years ago by Marc Andreessen: Software is eating the world.As Andreessen wrote: More and more major businesses and industries are being run on software and delivered as online services—from movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.Over time, it is likely that Uber will get bigger headlines than HP as technology-fueled services become the norm for an industry that has depended for too long on cumbersome licensing strategies and expensive maintenance contracts.Does Software Stand A Chance?Are software companies doomed? Mostly, yes. While large enterprises persist in wanting to install and run software in data centers behind their firewalls, approximately none of them love the current enterprise sales model that has them dickering over massive discounts on overpriced license and maintenance contracts.So a new breed of software vendor is rising.While more software will move to a software-as-a-service model, both on the infrastructure (Amazon Web Services) and application (Salesforce.com) side, there will also remain companies like Red Hat. Red Hat now makes more than $1 billion each year selling services around Linux, JBoss middleware and more. Red Hat doesn’t sell software. It never has. Instead Red Hat gives away its software—all of it—under an open-source license. It makes money by selling an update service (Red Hat Network) that keeps the software patched and production ready, as well as support and ongoing certification of a host of third-party software that runs on or with its software. In the wake of the Big Data movement, we’re seeing vendors like Cloudera and Hortonworks achieve serious scale, growing up to challenge their more traditional peers.But even they aren’t the biggest winners.Every Company A Technology CompanyUltimately, as Cowen & Co. analyst Peter Goldmacher posits, the greatest financial beneficiaries of software aren’t those selling software at all, or even those selling SaaS offerings based on underlying open-source components. At least in the Big Data world, he argues, the biggest winners are those companies that have the necessary technical talent to use software to channel the value of data. At Uber, this means doing “crazy math and science” to connect drivers with riders and establish estimated pick-up times. At old-school retailer Sears, it means leveraging new-school Hadoop to deliver personalized coupons and other marketing collateral to drive sales. And for your company it will undoubtedly involve other foundational technologies, much of it open source for reasons expressed by Zohar Melamed in his Open Business Conference keynote earlier this month: Related Posts Tags:#Big Data#Credit Suisse#enterprise software#HP#Marc Andreessen#Open Source#Peter Cowen#Uber Matt Asay Massive Non-Desk Workforce is an Opportunity fo…center_img It hasn’t been a good week for HP. On the back of lower-than-expected earnings, the tech titan also announced it would cut between 11,000 and 16,000 employees. Sadly, HP is in good (or bad, if you wish) company. Oracle has missed estimates more often than it has hit them the past few years, most recently missing third-quarter earnings. IBM, for its part, hit earnings but missed its revenue targets. Again.Clearly, the legacy IT vendors are struggling. But just as clearly, technological innovation is not. It’s just being developed and deployed in ways that challenge the very foundation of yesterday’s technology businesses.Today’s Software Isn’t Licensed—It’s DrivenTo get a sense for what I’m talking about, take a look at a recent edition of The Wall Street Journal: None of this bodes well for the technology incumbents, of course, but it bodes very well for the future of the software industry. It will become increasingly difficult to categorize and far more potent. That’s a trade-off worth making.Lead image by Flickr user Ken Funakoshi, CC 2.0 3 Areas of Your Business that Need Tech Now Cognitive Automation is the Immediate Future of…last_img read more

4 Ways AI Is Reshaping the Future of Health Care

first_imgAI: How it’s Impacting Surveillance Data Storage AI Will Empower Leaders, Not Replace Them A Web Developer’s New Best Friend is the AI Wai… Ryan Ayers is a researcher and consultant within multiple industries including information technology, blockchain and business development. Always up for a challenge, Ayers enjoys working with startups as well as Fortune 500 companies. When not at work, Ayers loves reading science fiction novels and watching the LA Clippers. Related Posts Ryan Ayers China and America want the AI Prize Title: Who … While the number of individuals needing quality healthcare is increasing, the number of healthcare providers is decreasing. Resultingly, more care providers are considering artificial intelligence (AI) as a possible resource for delivering precise, efficient and effective treatments. In time, artificially intelligence could expand the reach and efficiency of care providers and make up for talent shortages around the world.The Current State of Health Care Doctor Richard Biehl, instructor of Healthcare Systems Engineering at the University of Central Florida, discussed the doctor shortage in a recent article published on The Hill, writing that, “As the battle on Capitol Hill to end the Affordable Care Act (ACA) continues, Americans are facing more than just a threat to their health care coverage.”Biehl goes on to explain that, “The current administration’s plan to repeal and replace the ACA could end health care coverage for millions of Americans, which would worsen the provider shortage crisis.”To help with this, healthcare providers will need to leverage artificial intelligence through a number of mediums to help bridge the gap between patients and health care providers. There are a wide array of ways AI can assist with the physician shortage, ranging from robotics to improved diagnostics. In this regard, the following passages highlight 4 ways that artificial intelligence is reshaping the future of health care.Transformation 1: Improved Diagnostic ProceduresMany diagnostic procedures still require the collection of tissue samples and present the risks inherent to all invasive procedures. Medical experts forecast that AI technology might replace the need for biological tissue samples. The technology may give physicians the ability to characterize the properties of tumors using image-based diagnostics.Ideally, AI technology will one day provide specialists with the same detailed information gathered from real tissue samples. With malignant tumors, for example, the technology could give specialists the ability to understand how an entire tumor affects a patient, rather than making decisions based on information discovered while evaluating only a small tissue sample.Transformation 2: The Introduction of Brain-Computer InterfacesThe concept of using computers for communication is not new. However, scientists are trying to find ways to create direct interfaces between the human brain and computers, a breakthrough that would greatly benefit some patients. Accidents and neurological diseases can take away a patient’s ability to speak, move and interact with their environment. However, brain-computer interfaces could potentially restore these abilities in a meaningful way.Doctors are also intrigued by the possibility of quickly restoring functionality for patients who are injured or affected by illnesses. Artificial intelligence and brain-computer interfaces might allow researchers to decipher the neural activities associated with physical functions. As a result, afflicted patients would be able to communicate immediately. Furthermore, the technology could allow patients to reclaim the ability to use common devices, such as smartphones, tablets and computers.Transformation 3: Decreasing the Cost of CaregivingThe management consulting firm Accenture forecasts that artificial intelligence could save health care organizations $150 billion annually by the year 2026. The technology can give health care organizations the power to leverage the information generated by progressively connected medical devices and information networks. As organizations search for ways to cut costs and improve treatment outcomes, AI could prove an invaluable asset for lowering operational expenses.The rapid growth of digital information and big data systems makes artificial intelligence a potentially important resource for extracting meaningful insights from increasingly smarter health care data networks. For instance, diagnostic technicians, virtual health aides and wellness and lifestyle consultants could one day leverage AI and wearable devices to optimize services and improve treatment outcomes. As the artificial intelligence field matures, treatment outcomes and the operational efficiency of care organizations will improve, furthering decreasing the cost to improve community health outcomes.Transformation 4: Automation of Repetitive TasksAs health care organizations seek ways to improve community health, such as implementing innovative care models as well as employing nurse practitioners to fulfill a forecast shortage of 100,000 physicians by the year 2026, they’re also investigating the possibilities of AI implementation in exciting ways. Eventually, AI programs will help organizations find new correlations among massive amounts of data. By allowing health care organizations to automate repetitive tasks and streamline operations in previously unforeseen ways, artificial intelligence technology could deliver a significantly positive disruption in the medical field.Artificial intelligence will improve care providers’ ability deliver faster and more precise services. Hospitals and devices designed by medical manufacturers are generating an enormous amount of valuable and useful patient information. With AI, these enterprises will be able to harness the full potential of that data to promote better community health outcomes and improve the effectiveness of America’s health care network. Tags:#Artifical intelligence#Big Data#health care last_img read more

Cebu City gov’t rallies behind embattled marathoner Tabal

first_imgMary Joy Tabal. FILE Photo from Cebu Daily NewsCEBU CITY—Should Cebuano marathon sensation Mary Joy Tabal be allowed to join in the Southeast Asian (SEA) Games, the Cebu City government will make sure that she will get the training that she needs for the competition. Cebu City Mayor Tomas Osmeña made an offer for the city to help fund Tabal’s trainings when she visited city hall on Tuesday morning during a courtesy call.She was accompanied by Commissioner Ramon Fernandez of the Philippine Sports Commission, among others.ADVERTISEMENT MOST READ BSP survey: PH banks see bright horizon amid dark global recession clouds View comments LATEST STORIES Palace: Duterte to hear out security execs on alleged China control of NGCP Pagasa: Storm intensifies as it nears PAR Gabuya delivered a privilege speech during the session of the city council on Tuesday afternoon to ask the Philippine Athletics Track and Field Association (Patafa) to explain why Tabal was excluded from the roster of Filipino athletes who would compete in the SEA Games where the Cebuana won silver in 2015.READ: Tabal no longer part of national teamBecause of Gabuya’s speech, the council passed a resolution asking Patafa to include Tabal, the only Filipino to compete in last Olympics marathon, in the lineup.ADVERTISEMENT BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Sports Related Videospowered by AdSparcRead Nextcenter_img Every 18 seconds someone is diagnosed with HIV Olympian Ryan Lochte says he thought about suicide after Rio fiasco Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games The city is just waiting for Tabal to make a formal budget request that will include a breakdown of her training needs and costs, said Councilor Jerry Guardo, head of the council’s sports committee.He added the mayor also made a commitment to “fight” for Tabal’s inclusion in the SEA Games.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutCouncilor Eugenio Gabuya, deputy mayor for sports, said the budget for Tabal’s training can be charged to the mayor’s discretionary fund or Philippine Amusement and Gaming Corp. funds whichever is available.“As to how much (funding is needed) that is still to be determined,” he added. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast Don’t miss out on the latest news and information. Lacson: SEA Games fund put in foundation like ‘Napoles case’last_img read more