Some
interesting comments.
Davos
Elites Warned About Catastrophic Cyberattacks
Eugene
Kaspersky,
who heads the Kaspersky Lab security group, said the possibilities of
individuals being hacked would only increase in future as more
devices, such as "smart" televisions, are hooked up to the
Internet.
"What
you call the Internet of Things, I call the
Internet of Threats,"
he told the assembled global political and business
movers-and-shakers.
…
Estonian
President Toomas Hendrik Ilves said that criminals could bring about
chaos in a much lower-level way.
"You
can wreak havoc in all kinds of ways," said Ilves, who added
that it
was the duty of governments to give citizens powerful encryption
tools to protect their data.
He
told an anecdote about traffic authorities in Los Angeles who went on
strike and also set all the lights to red, sparking gridlock.
"But
what if someone turned all the lights green?" he asked.
…
Jean-Paul
Laborde, head of the UN's counter-terrorism unit, pointed to
increasing links between organised crime and extremist groups such as
Islamic State, which he said were now combining to launch
cyberattacks on authorities.
Some
of the findings in this report surprised me. (I
wish I could come up with a brand new way to teach innovation.)
The
Most Innovative Companies 2014
Boston
Consulting Group – The
Most Innovative Companies 2014, Breaking Through Is Hard to Do:
“Innovating isn’t getting any easier. Nor any less important.
Our ninth innovation report since 2005 finds that although innovation
remains a top corporate priority, executives are feeling less
confident in their innovation capabilities. It’s no longer enough
to be good at incremental innovation. Multiple factors are raising
the bar and—in the eyes of business leaders—increasing the need
for breakthrough innovations. But very few companies are prepared to
break through. This year’s report concentrates on what separates
breakthrough innovators from the rest. It also spotlights a
troubling digital disconnect. And, of course, it presents our 2014
list of the 50 most innovative companies.
Companies specializing in digital technologies dominate the list of
most innovative companies. But only about a third of all executives
projected that big data and mobile would have a significant impact on
innovation in their industries over the next three to five years.
Even fewer are actually investing in these areas.”
[From
the report:
…
Brazil,
Russia, India, and China—currently generate more than 20 percent of
their sales from new products and services created within the past
three years.
…
Almost
half of breakthrough innovators report that they have generated more
than 30 percent of sales from innovations that occurred in the prior
three years—more than twice the average for all companies
…
Software
is the only industry in which a majority of respondents see big data
as having a significant impact on innovation. Telecommunications is
the only sector in which a majority of respondents cited mobile as
important to medium-term innovation. In both industries, however,
significantly less than half of respondents said that their companies
are targeting these technologies in their innovation programs.
For
my Data Analyzing students.
The
world has become excited about big data and advanced analytics not
just because the data are big but also because the potential for
impact is big. Our colleagues at the McKinsey Global Institute (MGI)
caught many people’s attention several years ago when they
estimated that retailers exploiting data analytics at scale across
their organizations could increase
their operating margins by more than 60 percent and that
the US healthcare sector could reduce
costs by 8 percent through data-analytics efficiency and
quality improvements.1
Unfortunately,
achieving the level of impact MGI foresaw has proved difficult.
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