Why doesn’t the best technology always win?
Startups are supposed to be the bastions of innovation, driving new ways of doing and better ways of being. Yet, most of them fail, as we have heard time and time again. Aren’t these companies supposed to be operating at the cutting edge? Why are they failing if what they do is better, faster, stronger?
Ask founders what happened with their failed startups and they will often say they ran out of money, they grew too slow, or perhaps too fast.I am convinced that in the beginning no one really knows what the right pace of growth is for a business until after that growth has happened. There are too many factors to consider. I am a former founder, but I am currently working at a venture fund investing in early-stage companies. There is one reoccurring pattern I notice that seems to cause companies to fizzle out. All the explanations are simply manifestations of this issue: lack of adoption.
Sounds obvious, I know. That’s because it is. This is not new. We all know that in the end this is what matters. The biggest driver of the adoption issue is that there is no true market for what the company provides. Why is there no market? Is it a matter of silo-mentality of the founding team, timing? If something is so much better, why don’t we all use it? Or is something else going on?
The answer is not something nefarious — it just happens to be the one thing many technology companies always forget. At the end of the day, there is a person using your product. Because there is a person involved, there are human factors that drive adoption. I can’t say this enough: People drive adoption.
Stating the obvious again, people are creatures of habit. We like routines. Commuting to work, we often pick up a coffee from a specific place — something some of us repeat for years. It’s the same with technology products: Even though a “better” product may exist, many of us already have the habit of using the previous one. One that we’re comfortable with.
There is no reason to change if something already works. The aged quote “if it ain’t broke, don’t fix it” comes to mind. It may sound funny, but companies like Microsoft had to start forcing people to update the software on their computers, because otherwise, many would still be running the original version that came with their computer — no security patches or bug fixes wanted!
Why?
Because it works just fine for them. There are clear counterarguments to be made here. Look at the BlackBerry. The habit existed — heck, they even called it a “CrackBerry.” Based on research from Gartner, RIM went from selling over 50 million devices at its peak to 4 million in 2016 — going from a 20% market share to 0.1%. It was slow-switching enterprises that kept things afloat.
AOL’s instant messenger doesn’t exist anymore. Is Gmail that much better than AOL? For some reason, “if it isn’t broke, don’t fix it” doesn’t apply. Entrepreneurs see these successes and say, “I am faster, better, cheaper, so I can become the next version. I am X meets Y.”
No. Sorry. “Field of Dreams” wasn’t right. If you build it, they will not come. Yes, Tesla seems to have captured the hearts of innovation junkies, but the GM EV1 was first. Sold from 1996 to 1999, it was a completely electric, mass-produced vehicle. Less than 2,500 were made and the program was scrapped.
They didn’t come…
The argument many would make is that it’s an issue of timing. The EV1 was “ahead of its time,” too niche for the wider market. What does that really mean?
Quite simply, GM didn’t solve the adoption problem. Today everyone is riding scooters, steps, and various other one-and two-wheeled transportation vehicles. Remember the hoverboard craze? The Segway was there first. It failed, in dramatic fashion.
When trying to solve the adoption problem, it comes down to a very simple question: “Why should someone use this?” If there are good reasons as to why, then the next, and slightly ethereal, question is, “How will you get people to use this?” Be a pragmatist. It’s not about why you are doing something — it’s about why someone else would want you to do this now. Your drive is important. It’s what keeps the company afloat and moving forward. However, it’s the end-user that matters.
Do they need this, do they already have this, should they have this? There is a lot out there that people don’t really need, and to be honest, I don’t understand who invests in those kinds of companies. Yes, it’s easy to point out that the largest technology companies out there offer something no one really needs.
They are also the quickest to fade away. Resourceful companies stay in front of shifts — think of Facebook acquiring Instagram and WhatsApp. The world of consumer products is finicky. Taste and preference are a stronger drive than fundamental need. It’s all about want. How you make someone want something is much more about the story you sell around the product than what it does.
Who are we becoming in the cyber-world?
Too much technology can hamper the social development of us.
Growing up with technology can be great fun. With latest gadgets and technology has become like a window to the cyber world. But too much of technology or cyber addiction is hampering the social development. Let us have a look at the seven things that happened when we got trapped in the cyber world.
We don’t develop a bond with friends: Virtual friends have become real friends. In Cyber world we really don’t know what is the real friendship means. Friendship has become more of digital bonding than emotional bonding. we are alone and we don’t share our sorrows and happiness with our friends.
Family relationship are getting affected: Earlier television and video games have become more of a baby sitter. “Families are not spending enough time with each other. Even when they go out the whole family is busy playing with gadgets, Listing music and texting message.
We are losing our creativity: It is a sad state of affair that our new generation are no longer making sand castles, Playing physical games and they are no longer interested in painting. Even in parties too new generation children’s are get busy with electronic gadgets. They don’t even talk to each other. They eat also with playing with gadgets.
We are not getting enough sleep: Cyber addiction is a serious addiction by which we all are not getting enough sleep. There is a common tendency for us to lose track of time when they are busy in surfing unwanted information and playing game online.
We get mentally tired and it has been noticed that we are generally irritable and we don’t realise we are sleepy since we are so engrossed in playing. It is advisable not to use gadgets completely, but to have some fixed timing for it.
Use and know about ERA of Cloud Computing
Cloud computing is Internet-based computing, using shared resources, software, and information are provided to computers and other devices on demand, and of it is stored on servers (on the internet in layman’s term).Cloud computing relies on sharing of resources to achieve coherence and economies of scale.
It is an efficient method of managing lots of computer servers, data storage and networking.
A cloud can be private or public. A public cloud sells services to anyone on the Internet. (Currently, Amazon Web Services is the largest public cloud provider.) A private cloud is a proprietary network or a data center that supplies hosted services to a limited number of people. Private or public, the goal of cloud computing is to provide easy, scalable access to computing resources and IT services.
A cloud services provider such as Amazon Web Services, owns and maintains the network-connected hardware required for these application services, while you provision and use what you need via a web application.
Cloud computing has three main types that are commonly referred to as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Selecting the right type of cloud computing for your needs can help you strike the right balance of control and the avoidance of undifferentiated heavy lifting.
Talking about the future of cloud computing, we might also expect the use of software through cloud only and there will be no need of installation of software on separate devices or there can be a whole OS available to use on the internet through cloud.
The future of cloud computing will be powerful and for one thing, the extreme agility and accessibility of a cloud is far superior to the use of current technology. No matter where in the world someone happens to be, or what device they are using, they can access their cloud and continue to do their work or share their information.
Fast- forward to the future with 5G Networks
With 5G networks in the future quickly: 5G is slowly transforming itself from a common concept to a network application, with a lot of fanfare and enthusiasm and speculation. Network operators are planning 5G network testing and testing lines to determine how to achieve the 5G vision. 5G networks promise fresh services, additional video connectivity, and Cloud support.
The 5G revolution has three primary uses:
1: Enhanced mobile broadband. It is no wonder the continued rise in demand for portable connectivity will accelerate significantly, with a promise of 10 Gb / s of connectivity and latency of less than five milliseconds. This enhanced velocity is estimated by the sector to boost 10-to 100-fold the amount of 5G-connected appliances compared to 4G-connectors.
2: Internet of Things (IoT). The published predictions estimate that 5G’s virtualized radio technology-agnostic core will be 20 billion IoT connections by 2020–links that drive clever houses and towns. In fact, ITVoice anticipates that 5G will offer up to 1000 times the bandwidth of the 4G, which can accommodate up to 5 times its density.
3: Networks with high reliability, low latency. In addition to doing what 4G does best and faster, 5G speeds will open new doors that allow driverless cars to coordinate across the network, enable increased reality and virtual reality, and expand horizons of remote operation and other applications that can deliver their assurance only on the highly latent network, such as 5G’s 5-millisecond limit.
In the context of these cases, it makes sense to consider what can be done to make this application possible, as the template of a real-world 5G rollout. This plan consists of three main approaches for operators.
One is to densify or increase ability through more antennas, cellular panels or other measures in a specified region. This strategy also covers upgrading to MIMO and sectoral technologies. The second is virtualization, which translates physical machinery into virtualized settings in central information centres. The intrinsic effectiveness of this strategy can decrease expenses by up to 70%. The third is to optimize current assets and procedures, including, but not only, the redeployment of wireless and TV spectrums from the earlier generations and a move towards computing resources. Efficiency is critical in design for all aspects of 5G throughout the converged network.
It is as important to get ready for 5G as to know how it is used. At ITVoice we conducted a comprehensive study of the landscape of before 5G and after 5G and are happy to say what we understand. Visit ITVoice.in or get in touch with us anytime to learn about 5G. ITVoice, built on experience and focused on progress, can not wait for you to unlock 5G network energy and potential.
Tarun Taunk
Editor-In-Chief
“AI is an arsenal: a vast array of techniques and technologies and research directions”
How AI is the future of businesses
“For Business AI Not Just Adoption, But Its Rate of Adoption Will Determine the Next Wave of The Future”
Modern-day enterprise world has invariably been one of the leading stomping grounds for technological advancements. Leading business firms have lately started apprehending work applications and productive boost that follows technological upgrades, thus funding an increased bestowal of IT means into their respective work processes.
Artificial intelligence, for the major part, has led this age of transition where more and more value-based decision-making is being upheld by enhanced computation, greater boost in productivity and accelerated revenue growth to drive more significant results. Undeniably, AI for business carries unprecedented possibilities which will not only multiply growth prospects, but will considerably change the larger slab across the conventional work dynamics in business operations.
The Intelligent Ground
“The key to artificial intelligence has always been a representation.”
While many believe business AI to be vaguely singular, in reality, it is a colossal batch of technologies precisely fused to serve modern business goals. It acts as an umbrella terms for leading edge technologies from machine-learning to analytics and automation. With AI in the lead, this tech amalgam can truly bring a higher degree of accuracy and abilities across any said business framework. Tapping into the potential of AI will soon allow business leaders to devise and derive necessary means to latch onto the market rage.
Internal Do-up
Apart from emending crucial work areas like customer experience, Business AI can incomparably upgrade employee performance across major tasks and work routines.
Employee experience acts as a very crucial success factor for multi-national firms where a huge geographically diverse workforce comes on board to accomplish workplace goals. With AI, employees can easily automate repetitive tasks, thus allowing them to focus their acquired skill set and creative notions towards value addition instead of mechanical patterns.
Tarun Taunk
Editor-In-Chief
Helpful Startup Policies from Indian Government
It has long been established that the greatest power of our nation comes from our young age creative minds who are willing to break free from the conventional pattern of employment and establish improved product or service resources in the name of “Startup” business.
By happy chances, the Govt of India has also recognized the tremendous possibilities of the Next-Gen startup wave, and has therefore put in substantial study and investment to bolster the youth with better resources, guidance and financial aid.
Innovation on the Rise
Innovation has perpetually been the point of difference for Indian folks and in the interest of this, Govt has launched several initiatives across the nation to support the new entrepreneurship and to foster a culture of innovation among the youngsters. Moreover, some Government initiatives are specially targeted towards enabling equal opportunities for female entrepreneurs and helping them with appropriate resource and financial help.
The most prominent initiative being the “STARTUP INDIA” movement which was contrived to promote and assist indigenous entrepreneurs through invaluable mentoring and facilitation along their journey towards excellence. Under this initiative, potential startups get to skyrocket their business ideas using various incubation programs and field expertise.
“The primary motive of Startup India initiative is to build an environment in which startups can innovate and evolve without any obstacles. “In addition to easy funding and resource supply, potential startups can also enroll into various other Govt initiatives like Atal Innovation Mission (AIM), Make in India, Digital India, TREAD and Pradhan Mantri Kaushal Vikas Yojana to access facilitated patent filing, easy compliance norms, relaxed procurement, incubator support, funding support, tax benefits and relaxation of stringent regulatory issues.
Tarun Taunk
Editor-In-Chief
Can AIhelp us combat fake news?
Today’s technology realm is largely bolstered by data which flows at an immeasurable rate across all its node points. The state of information access has largely been simplified, allowing every individual to seek desired intel on the dot. However, disinformation can spread like a virus today.
Active social media users mostly seek attention, and therefore tend to spread fake news in order to gain followers. Such fake news can easily outrage the general public and create havoc in the interest of political or personal ambition. Today fake news is mostly seen as an easy profit making policy, especially for propaganda driven political groups who wish to rack up their bankroll by spreading wrongful information.
Even if the authorities wish to take charge of the situation, the inexhaustible amount of data generated everyday makes human filtering impossible. However, modern technology stack still presents a good hope to counter ‘bogus’ news.
By investing in technological solution that enable automated detection and neutralizing of fake content, one can ensure complete close down on the critical matter. The world is in a need for AI based technology that automatically analyzes data and effectively determines its authenticity.
In absence of such technological solutions, growing social networks will fail to cope up with fake news crisis, and ultimately lose their legitimacy and trust of the general people. The only way out is to invest in advanced AI solutions that can combine the best of human and artificial intelligence. While on one hand modern technology stack can actuate increased speed and scalability, human involvement can decode contextual frame of reference in the subject data set.
Today, Artificial intelligence is being looked upon as the sole remedy to counter fake news. That’s because, once fed with enough data set and training routine, AI can easily separate the good from bad in the news field. By utilizing its pattern recognition abilities, fake news can easily be identified and debarred from circulation. AI models are essentially trained to differentiate between fake and genuine news via training set containing past experiences.
