Google is working on blockchain-related technology to support its cloud business and head off competition from emerging startups that use the heavily-hyped technology to operate online in new ways, according to people familiar with the situation.
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The tech sector is looking at new uses for blockchain, and information security is one area that holds promise. Bitcoin, Ethereum, and other cryptocurrencies are making their way from the dark alleys of SilkRoad and AlphaBay into the mainstream.
Suddenly, investing in these digital currencies has become something of a fad, with hedge fundsand Wall Street pundits getting on board.
As someone who works in IT and sees both the behavior of customers and platforms, there is a clear trend — though anecdotal — of more interest over both new cryptocurrencies and consequently, matters that relate to safety and privacy.
While digital currencies may provide a new and substantial investment vehicle, the greater revolution may not be through Bitcoin, but through the blockchain technology upon which it is built. Suddenly blockchain is being suggested as a solution for everything from farming to climate change, and from real estate to VR content marketing.
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At its core, Amazon’s goal is to remove as much friction as possible from a customer finding what they want, ordering it, and having it land on their doorstep. Its ambitions started with books, but have since extended to just about every other category, including clothes.
MIT Technology Review reports that a team at the e-commerce company, working at a San Francisco research center, has devised an algorithm that analyzes images to learn about specific styles of clothing. It then creates similar new items from scratch.
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“BI is about providing the right data at the right time to the right people so that they can take the right decisions” – Nic Smith The terms “Big Data” and “Business Intelligence” are often used interchangeably.
However, technically speaking, they are nowhere near each other. In fact, “Business Intelligence” and “Big Data” refer to entirely separate processes that fulfil individual functions, albeit within the same overall domain.
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There’s a simple formula to it: Smart people with good ideas receive millions of dollars to build something. If that something generates billions of dollars, it is a success. If it does not, it is a failure. Such “failures” include: Twitter, Soundcloud, Vine, Reddit.
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Businesses spend a huge wad of cash every year on tech. They’ll dole out $3.5 trillion in 2017 alone, according to Gartner. It’s seen a crop of new public companies, and some startups that are leading the way in their areas.
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Amazon’s cloud service is its most profitable unit. Microsoft has pegged its future to its cloud computing businesses, leading to a very enthusiastic response from Wall Street.
Google, too, is betting big on cloud computing as something that could be bigger than its advertising business.
What exactly are these companies selling? Who’s buying it? And why is one company that wasn’t even in enterprise technology a decade ago — Amazon — beating the pants off everyone else?
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Making predictions about future technology is both fun and notoriously difficult…..
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More than four years after the launch of Google Now, the company has fully dissolved its AI assistant into the DNA of many of its core product offerings.
Today, Google is delivering an update to the feed it introduced to its Google app last year, bringing more attention to showcasing the information its knowledge graph has built on users while allowing them to “follow” certain topics and people to shape what they’re seeing in the feed, as well.
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It is barely 20 years since Sergey Brin and Larry Page registered the domain name google.com, and only 10 years since Steve Jobs walked onto a stage in San Francisco and introduced the iPhone. Yet in this short period, digital technologies have upended our world.
We introduced the Digital Evolution Index in HBR in 2015 to trace the emergence of a “digital planet,” how physical interactions — in communications, social and political exchange, commerce, media and entertainment — are being displaced by digitally mediated ones.
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