The Internet of Things (IoT) has inspired unprecedented cooperation and coordination for the businesses and industries interested in ensuring a sustainable future for themselves. From the lens of eleven case studies, see how the IoT revolution is transforming the world in which we live in. For more insights from this IoT series, see:
Resource Search
The rise of the connected objects known as the Internet of Things (IoT) will rival past technological marvels, such as the printing press, the steam engine, and electricity. As IoT solves problems that have plagued businesses for decades, it will also create entirely new dilemmas across all sectors and for all industries. Concerns over privacy, cybersecurity, and property and products liability will quickly become just as robust as the opportunities IoT presents.
After a sharp stock market rally that ensued immediately after Trump’s come-from behind victory, financial markets have moderated as the realities of governing in the real world have begun to sink in. Investors were initially enthused by Trump’s plans to cut corporate and personal income taxes, reduce business regulations, implement a $1 trillion infrastructure program, and negotiate trade deals more favorable to the United States. While supportive of the ideas, Republicans are wondering how all of this will be paid for.
Drive anywhere outside of a major metropolitan area, and you will find roads and bridges in need of serious repair. Talk to business owners, and they will tell you how the difficulty of moving goods from where they are produced to where they are sold hurts their margins. It is time to improve the aging infrastructure of the United States. Regardless of how policymakers decide to finance such a project, the multi-year infrastructure investment will boost economic growth, create jobs and provide a significant opportunity for middle market businesses.
The cloud is one of the largest drivers of emerging technology solutions, and for many organizations, it has become one of their most valuable information technology (IT) tools. It enhances data storage capabilities, security and agility to both scale up as well as scale down, while also reducing costs, in part due to its inherent flexibility and the number of potential options. Forward-thinking organizations should be analyzing and making decisions about using the cloud by prioritizing capability, performance, total cost and availability against other solutions.
Investing in an organization or fund with the aim of generating social or environmental impact alongside a financial return is a concept that has been gaining wider appeal and attention in wealth management. Often known as impact investing, the concept has become an industry. The Global Impact Investing Network estimates impact investments totaled $60 billion in invested capital in 2015.
The first quarter may be an accurate forecast of the performance of risk assets for the entire year, which is likely to be one of a flat average and a wide range of individual monthly returns. After the initial five-week decline in risk asset prices, global stocks reversed their initial losses, high-yield bonds spreads tightened, and the CRB Commodities Index finished higher by the end of the quarter than at the beginning of the quarter. The latest pattern in risk assets is unstable, similar to previous market tumbles and rebounds.
Over the next 15 years, the youngest of America’s Baby Boomers will turn 65, and waves of small business owners across the country will get ready to cash out. Sales of Boomer-owned small businesses and wholesalers are expected to reach an apex by the end of the decade. And finding time to plan for the future can be hard—especially for wholesalers, who face intense competition, market consolidation, and day-to-day operating pressures. Thinking 12 months ahead can feel uncertain, and planning for next-generation ownership can feel even more daunting.
The hedge fund industry got started in Greenwich when the location offered access to the best talent, tax and business incentives, and proximity to key executives’ homes. These important factors and the trend towards a private investment model have been shifting and accelerating the location of hedge funds and private equity firms to Palm Beach County. Location might be everything, but without the right talent it doesn’t mean anything. A well-planned talent strategy can mitigate the risk of disruption to both productivity and company culture.
Under 35s are creating more companies, with higher headcount and greater profit ambitions. They show strong interest in the new economy, but not exclusively, and prefer diversification across their investments. Dubbed as the “Millennipreneurs,’ these are business starters from ‘Generation Y,’ born between 1980 and 1995, also known as Millennials. Each Millennipreneur has started an average of 7.7 companies, and 78 percent of successful Millennipreneurs come from families with a history of running their own businesses.