Wednesday, November 26, 2014

Distortion in the Digital Era: New age Technology

The Digitized Economy is shifting value away from established players unable to evolve quickly enough. The speed and size of this shift is tremendous, fueled by yet another wave of new technology powerhouses — the young “unicorn” com-panies wielding billion-dollar valuations to shape entirely new markets, with a glut of private capital lubricating their engines. Such exponential super-startups are even taking the Internet giants by surprise. The disruptors are now facing their own disruption.  According to Sources in “ Meet your Boss” We all know the story about algorithms and work the past few years. Service jobs across the country are increasingly being managed with the help of mathe-matical models of customer demand, revolutionizing everything from taxi driv-ing to food delivery, home cleaning, and laundromats. I have argued that the in-creased autonomy and flexibility of these jobs means that algorithms are taking over unions as the primary driver of workers’ rights in the 21st century.  But now, startups are starting to move up the corporate ladder, using algorithms to improve and disrupt professions that up until recently have seemed almost completely insulated from the efficiencies of computation.  Two Boston-based startups, HourlyNerd and Quantopian, are using sophisticat-ed algorithms to compete with some of the most-well known firms in consulting and quantitative finance, respectively. As they begin to disrupt these two indus-tries, both hope to expand and democratize their professions to anyone with the talent and desire to work.  To help people get a hold of this rapidly changing landscape, I highlighted seven tech-nologies that will help you innovate faster, beat your competition and deliver outstand-ing customer service. They each address the common challenges of how businesses operate today, and are setting the stage for a new era of IT. ElasticBox Zimperium ZenPayroll OneLogin Conjur Illumio RelateIQ 


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