Business

Thursday, August 26, 2010

The Internet of Things

This new technology will revolutionise and widen person-to-thing and thing-to-thing interaction. The innovation lies in the thing-to-thing relationship. The most commonly cited practical example of this is that of fridges which, if suitably programmed, will be able to detect any product past, or approaching, its use-by date.

Will your fridge be able to detect any product past its use-by date and inform you about it in the near future? The Internet should not only connect the more than 1.5 billion people who use it, but also people to things and things-to-things, according to Spanish Socialist MEP Maria Badia i Cutchet.

Friday, July 16, 2010

Unlocking the elusive potential of Social Networks

So why do consumers pay real money for online objects that don’t actually exist? Their motives reinforce our notion that users seek online importance: they purchase virtual goods primarily for self-expression (such as virtual houses or virtual gifts) and for recognition (such as virtual badges for becoming, say, the “mayor” of a bar on Foursquare)

There is much hype about social networks and their potential impact on marketing, so many companies are diligently establishing presences on Facebook, Twitter, and other platforms. Yet the true value of social networks remains unclear, and few consumer companies have unlocked this potential.

Thursday, July 01, 2010

EBS CEO Survey results: Putting Europe Back On Track

And what is the biggest grumble of all among CEOs? No surprise there – an overwhelming 71% said that the biggest barrier to the success of SMEs is bureaucracy.

It became clear from the results, presented at the beginning of the European Business Summit (EBS), that Europe's CEOs are confident, realistic, and broadly in agreement on the directions that they need in order to achieve recovery.

Saturday, June 19, 2010

Systemic Failure: Lessons from the World of Trade for the World of Finance

What is fascinating is that within the Bretton Woods bubble in which we all grew up, there evolved two very different cultures. The worlds of finance and trade are now truly two very different global systems.

The great Crisis of 2008-09 may well be to finance what the Great Depression was to trade — namely, an inflection point that changes our view of the interplay of capitalism, globalization and sound regulation.

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