Categories
Video 1: Irving Tan – Connecting the unconnected
While this approach makes sense — given that climate change is a global issue and market-based national or international solutions would be far less expensive solutions than command and control approaches — an ambitious, binding international treaty has yet to materialize. And here in the U.S., climate change legislation doesn’t look likely for the foreseeable future.
To realize the benefits of these technologies, however, companies need to ensure that data analytics are being applied in the most effective way and communicated to the right people. That often requires a cultural shift throughout the operations — from the C-suite to the shop floor.
As the world’s markets rapidly evolve into complex hybrids of physical and digital assets, cyber security is increasingly critical as a stabilizing force. It is no longer an esoteric art practiced mainly by rival intelligence agencies and giant corporations — it has become a basic necessity of everyday life for any business.
In the coming decades we will start to think of data and software as a source of energy.
What do I mean by that? Software won’t generate electrons, but it will let us leverage the electricity we are already generating in a more efficient and productive way.
Nobody wants to be late. But at a busy airline hub like Atlanta or Chicago, even a brief delay in aircraft arrival can result in missed connections and cascade into a major inconvenience. The Bureau of Transportation Statistics reported that this year alone, more than 750,000 flights operated by U.S. carriers arrived late and over 25 percent of flights were delayed by 15 minutes or more or cancelled. The estimated economic costs of these delays, both for airlines and for passengers, are in the billions.