Finding out if your startup has product-market fit — that is, if you have validated that there’s a market for your product and people will pay money for it — sounds like something you have to do later in the process, when your business is already well on its way. But finding out whether your startup has PMF is important because it means you can justify investing resources during the next stage of growth.
Read more ...Customer tracking is a tactic that allows business owners to know who their customers are, where they live and what their shopping habits are. Once you gather this information, though, what do you do with it? You can put it to work for your small business in several useful ways. For example, if you know when your customers shop online, you can send them email or text messaging reminders to go out and buy that new TV or computer you mentioned at the meeting last week. Or perhaps you should wait until the next time they are inside a store (maybe you should wait for someone to walk into another store!) before sending out an email detailing the same information about a special deal/discount going on at a competitor’s store.
Read more ...The next wave of unmanned vehicle technology is being built to make unmanned systems smarter, more autonomous, and more powerful. The Air Force Research Laboratory (AFRL) is funding projects to create new enabling technologies by exploiting advancements in advanced computing architectures, artificial intelligence and machine learning, neuroscience and bio-mechanics. The Air Force Research Laboratory (AFRL) is funding projects to create new enabling technologies by exploiting advancements in advanced computing architectures, artificial intelligence and machine learning, neuroscience and bio-mechanics. These advanced systems will be designed to have greater autonomy and mobility than ever before; as well as detect threats earlier and better than a human operator could hope for.
Read more ...A large part of the job of a business manager is to oversee their company's day-to-day operations, including planning and implementing new strategies. This role needs to be able to establish clear goals, develop plans and keep them on track. It's also important that the person in this position can lead by example, ensuring that all staff are aware of what is expected from them. A degree in Business Administration or Finance will help boost a business manager's credentials, but it's also helpful if you have experience gained from holding senior roles in another industry or working for an established consultancy as a management consultant.
Read more ...In the digital era, AI has taken center stage in many areas as a means of helping companies gain insights from data. It is already being used to deliver more personalized services, such as recommendations and assistance during travel. The best way to leverage AI is through collaboration between business analysts and AI experts — it’s important to understand how AI works to ensure that your team has a holistic view of the technology you are using. Artificial intelligence has the potential to transform the way business is done and benefit individuals, communities and society as a whole. As such, it is of paramount importance that businesses take steps to protect their data and avoid reputational fallout due to public exposure of data breaches. Security teams must thus be equipped with the tools to manage AI risk throughout their organization by taking proactive steps towards securing data, monitoring behavior, threat prevention and mitigation as well as knowing when to involve external parties during an incident. As an increase in the use of AI and advanced technology continues, so does our need for a seamless integration between man and machine. There are many ways in which AI can be integrated into our lives, including the development of more advanced machines that act as assistants to humans. One way is to use machine learning, a type of AI that can optimize human performance by analyzing data and improving output through analysis.
Read more ...An e-auction is an online marketplace where the sellers and buyers are not present physically in the same place, but interact remotely through a website
Read more ...AI is fundamentally reshaping how companies and consumers interact. Over the last two decades, we’ve seen unprecedented advances in machine learning and advanced algorithms that allow machines to learn by themselves. AI is everywhere — from self-driving cars and smartphones that teach themselves to find your phone or money, to online apps that can recommend restaurants and hotels based on their past experiences.
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