Did you know that when a customer uses a loyalty card, your every purchase is being relentlessly analyzed by the retailer who is scheming ways to vacuum even more money out of your wallet? Let’s start this post with a story about big data and its data collection by the retailer … [Read more...] about What Does Big Data Know About You?
ATMs — All Technology (does) Matter?!
For those of us that were born before 1980, we remember that all banking transactions were done with a teller in a "brick and mortar" bank. Then, around late 1970s ... BAMM! ... the automated teller machine was invented. The first models could not even dispense individual currency bills, but … [Read more...] about ATMs — All Technology (does) Matter?!
Will the Smartphone Control Humans?
In the era of driver-less cars, fitness meters on our bodies, and GPS tracking, how about altering our mind and body rather than just tracking us? When you read the headline, you probably thought to yourself ... "OK, I already know that. My phone is never more than arms-length away from me." … [Read more...] about Will the Smartphone Control Humans?
Tips for Surviving a Teddy Bear Attack
Gremlins (1984) might become a reality—kind of. In the movie a child adopts a pet that resembles a big eyed cross between a small dog and a teddy bear. He is warned to never feed his pet after midnight and never let it touch water. He soon learns that these two vices turn the adorable little animal … [Read more...] about Tips for Surviving a Teddy Bear Attack
Politics and Hershey Chocolate, Smartphones are Here!
Chocolate is one of the most popular items that people enjoy eating. Total sales of chocolate in the United States is approximately $20B with per capita consumption of chocolate is about 12 pounds per year. So what does this have to do with smartphones? Mobile Phone Adoption Well, a new report … [Read more...] about Politics and Hershey Chocolate, Smartphones are Here!
Bitcoins: Trust, Security and Competition in the Horizon
In "Bitcoin or BitConcerned", I discussed some concerns about the fast-rising currency site Bitcoin. I know that there have been several articles about people that have lived on Bitcoins ... for a 24 hours, a week or longer. Giving (or attempting) to give the new initiative some credibility in … [Read more...] about Bitcoins: Trust, Security and Competition in the Horizon
Tech Thoughts for 2016 — Security
Kept you guessing on the last thought? Well here it is ... the continuation of Tech Thoughts for 2016. The first blog in this series can be viewed by clicking here. 5. Security anxiety will consume organizations. Now that you have read the first four, this one should not be very … [Read more...] about Tech Thoughts for 2016 — Security
Tech Thoughts for 2016 — Sensible Data & IoT
Kept you guessing on the next two thoughts? Well here is the continuation of Tech Thoughts for 2016. Now for the next two. The first blog in the series can be viewed by clicking here. 3. Big data will become sensible data to pan for gold. The term "big data" has become such a phenomenon. I … [Read more...] about Tech Thoughts for 2016 — Sensible Data & IoT
Tech Thoughts for 2016 — Content & VDoC
Those of us born before 1985 have seen the rapid escalation of technology advancement. The smartphone, that you take for granted in your purse or pocket, provides more access to data to you now than CEOs and the President of the United States had in 1985. Electricity reached 90% of US households … [Read more...] about Tech Thoughts for 2016 — Content & VDoC
Technology Disruption Cuts the Razor Blade Strategy
In business schools, we teach various concepts that are important. Recently, a former student contacted me about a new venture idea. After listening to him discuss the specifics of the business model, I could not help but think of Porter's Five Forces concepts; specifically supplier/customer … [Read more...] about Technology Disruption Cuts the Razor Blade Strategy