CIOs increasingly need to predict the future impact of artificial intelligence (AI) and robotics on a company’s workforce and are looking to non-traditional sources, including tech startups leveraging predictive analytics, to answer the call.
Thanks to blockbuster acquisitions such as Facebook's $19 billion purchase of WhatsApp, successful IPOs and a healthy environment for startups, the entrepreneurial spirit is alive again in the Silicon Valley.
GigTank, an entrepreneur accelerator event, paired seven startups with mentors, business leaders and others able to help people with big ideas start to bring them to market. Everyone gathered in Chattanooga, Tenn., where citywide 1 gbps is part of the initiative to turn 'Gig City' into an innovation hub.
While some of the most successful consumer Internet companies are capturing the headlines today, more than 70 per cent of venture exits in the last two years valued at over $500 million have been in the enterprise sector.
As federal budgets enter into a deep freeze while expectations for government services remain high, it's a great time for purpose-driven startups to augment agencies' missions in areas like health IT and energy.
The Office of Science and Technology Policy looks to strengthen the tech startup sector and capture the nation's imagination as it seeks ideas from the best and the brightest.
City officials and local tech entrepreneurs weigh efforts to transform the nation's capital into a haven for angel-backed, emerging tech ventures by pointing out the shifting dynamics of the model for funding startup tech ventures, with cloud computing, open source software and other industry trends lowering the cost of setting up a business, potentially diminishing the importance of the traditional venture capitalist. However, this is at odds with a city, that while trying to cultivate this tech hub, is also struggling to improve a public school system so as not to lose the middle-class.