If You Get Technology “Convergence” Wrong, Nothing Else Matters I came across this book during my most recent visit to the UBC Vancouver campus. As good as I think this book is at focusing attention, in workbook style, on the importance of market and industry analysis in new venture due diligence, there is an issue […]
Accelerate Okanagan should be commended for publishing a document, the stated goal of which is to “assist in attracting new talent, companies, and potential investors to the Okanagan, as well to inform policy makers and the media.” Such reports are commonly used to promote a community or region’s economy. However, as with the earlier 2015 report, there are persistent issues, particularly with the industry definition and methodology of the study. The result is questionable data and numbers that simply do not pass a basic “sniff test.” Accepting the results of this study as published may only serve to mislead community leaders on planning, and mislead prospective entrepreneurs considering relocating here.
In 1981, Richard Feynman, probably the most famous physicist of his time asked the question: “Can we simulate physics on a computer?” At the time the answer was “theoretically yes,” but practically not at that time. Today, we may be on the verge of answering “yes” in practice to Feynman’s original question. Quantum computers operate in such a strange way and are so radically different from today’s computers that it requires some understanding of quantum mechanics and bizarre properties like “quantum entanglement.” Quantum computers are in a realm orders of magnitude beyond today’s supercomputers and their application in specific computational problems like cryptography, Big Data analysis, computational fluid dynamics (CFD), and sub-atomic physics will change our World. Canadian quantum computing company, D-Wave Systems has been at the center of Google’s efforts to pioneer this technology.
The following infographic provides an excellent overview of the World’s Most Innovative Countries and the weighted criteria used to rank the top 10. Glaringly, Canada is completely absent from this list. It is worth noting that eight of the ten countries listed have much smaller populations than Canada. That said, I have little essential disagreement with this list. Investment in research & development, leading to commercial technology innovation is crucial to a country’s economic growth and competitiveness in productivity. Canada lags in every category.
In the simplest terms, the concept here is how a company can potentially increase both revenue and market share by executing a strategy to work with direct or indirect competitor(s) to the benefit of both, a win-win. The old Arab saying, “My enemy’s enemy is my friend” also applies. It can also be as simple as joining an ad hoc collaboration among a group of companies or a standards group to create market order and simplicity from an overcrowded and confused market. Customers invariably respond to products that provide the greatest value and paths to long-term increased value and cost reduction. Collaboration or “Co-opetition” is one of the most effective means to achieve that goal, particularly in an economic environment where “flat is the new up.”
Researchers from Google’s AI Lab say a controversial quantum machine that it and NASA have been testing since 2013 resoundingly beat a conventional computer in a series of tests. Source: Controversial Quantum Machine Tested by NASA and Google Shows Promise | MIT Technology Review Google Says It Has Proved Its Controversial Quantum Computer Really Works […]