The $3 Trillion Product Selection Process is Dying. What is Replacing it?

According to Gartner the annual spend of enterprises on IT products exceeds three trillion dollars. Until recently, the way decision makers selected and purchased IT products has been based on a traditional process that was stagnant for decades. Enterprise software has always lagged behind platforms and apps that targeted the consumer. YouTube, Snapchat and Facebook were designed for the masses. In other words, if consumer software is the young, vibrant “prom queen”, enterprise software has been the “conservative business woman”. Not anymore.…

The Unsung Industries that are Essential to a Number of Industries

On the surface, most industry sectors are self-explanatory – everybody knows what is involved in auto manufacture, food production and the construction industry. Or do they? In fact, many of America’s most traditional industries are underpinned by technologies and processes that people know little about. Here are some examples: Automobiles The American auto industry produces millions of vehicles each year, and is one of the leading industry sectors when it comes to making use of new technology. The auto sector puts technology to many different uses, including the application of sensors (supplied by leading companies such as Transducer Techniques) to monitor production quality and efficiency, as well as to enhance the performance of the vehicle in use.…

Women: Want Equal Pay? Be a Man

Sweden is considered as one of the most progressive and gender-equal countries in the world. But still, women earn a quarter of a million dollar less than men over the course of their work life. According to statistics – at current pace – it would take more than 100 years for women’s salary to equal men’s. Waiting is not an option; something is needed to be done. So, what a woman should do to get equal pay as a man? Kommunal, Sweden’s largest union, has the answer to the all-important question: Be a man.…

Four New Technologies That Are Going to Change The Face of Business

Throughout all of history, from the information revolution, the digital revolution, the industrial revolution, the agricultural revolution and back even further, the edge in business was always gained by technological advances – from sharper sticks and rounder wheels to modern multicore processors and wireless broadband. With the pace of technological growth ever increasing, a whole new set of devices look set to shift the way we do business. Here, we take a look at four of the most revolutionary: 1. Wireless power [ted id=619] One of the oldest ‘new’ technologies, wireless electricity was first proposed and prototyped by legendarily eccentric genius Nikola Tesla all the way back at the turn of the century – it’s just that it’s taken the rest of us the better part of a hundred years for the rest of the world to catch up.…

How Rural Businesses are Getting Better Internet Connections to Aid Growth

Although it might not seem quite so valuable on the outside, the UK’s rural economy has quite a significant role to play in the overall financial health of the country. The agricultural and energy sectors, not to mention cottage industries and many micro-enterprises which provide services and products largely for rural audiences all add up to a rather significant share of economic output. As the rural economy accounts for roughly 20% of all activity, it would seem almost criminal to leave all those businesses operating away from urban environments without all the necessary transport links and communication tools needed for them to thrive.…

Hashtag Robbed: Two Million Passwords Stolen from Social Media Sites

Online hackers have successfully stolen more than two million passwords from the biggest social media sites, including Facebook, Twitter and LinkedIn. The details were then posted online, and although victims were spread across the globe, it is claimed by investigators that the majority of these users were based in the Netherlands. The crime was uncovered when a team of probing a botnet known as ‘Pony’ stumbled across the mass of compromised data. A botnet is a network of hacked computers set up by criminal gangs to enable them to share information and perform a variety of illegal activities.…

Spare a Thought for Millionaires

A year ago – where were you? What about 5 years ago? How much money did it cost you at the petrol station to fill up your tank? What about college? How much did it cost you? How much do you think you’d spend on home today? The price of these things have all risen sharply in just the last few years. But, it’s more than just price inflation. It’s an attitude about money and the easy availability of credit that’s the problem.…

Why Conscious Capitalism is The Key to The Future

The business environment of the last five years has been challenging to say the least. The Great Recession has sent many people and businesses into bankruptcy. Consumer confidence is down, spending is down, and many industries are in transition, the victims of changing technology and a softening market place. And yet there are some silver linings: the stock market is at an all-time high; many innovative companies are challenging established paradigms and attaining record profitability; the housing market and consumer spending are slowing bouncing back.…

Unemployment and Bankruptcy: Everything You Need to Know

The loss of a job is always a stressful situation, whether it’s through dismissal or redundancy. At this time of year, having a steady income never seems more important, but thanks to the continuing financial difficulties the UK is facing, jobs have also never felt more insecure. One of the biggest worries for those facing unemployment is the risk of bankruptcy and the fate of the family home. Homeowners naturally carry massive debts in the form of mortgages, but what will happen to your home in the unfortunate event of bankruptcy?…

The Stiff Competition Against Royal Mail

It’s an interesting time for the postal delivery industry, with the dominance of Royal Mail – after a spate of strikes and a controversial privatisation plan – now being challenged, its rule coming under threat from a constantly improving sector of alternative business mail services. This comes in the midst of a rocky few months for Royal Mail, with its recent flotation on the London Stock Exchange creating confusion after its undervalued stock price. More recently, there are now reports that the service has been missing its targets for a 93 per cent delivery rate of all first-class letters on the day after collection, instead reaching only 91.7 per cent, leading to concerns and the threat of fines from industry watchdog Ofcom.…