Lack of Employee Input & Training Puts Technology and Automation ROI at Risk
SEATTLE, Oct. 6, 2020 /PRNewswire/ — Seattle companies continue to invest heavily in technologies such as automation, robotics and artificial intelligence (AI) to reinvent how work is done. But as companies in the Seattle area increasingly deploy new technologies, they may miss major opportunities to get the most out of their investments because of a missing critical factor – employee engagement.
According to a new survey of Seattle workers by Eagle Hill Consulting, only 29 percent say that their company invests in the right technologies to support them. And just 38 percent agree that technology change has had a positive impact on the organization.
SAN FRANCISCO, SACRAMENTO, SAN DIEGO, Calif. & WASHINGTON–(BUSINESS WIRE)–Oct 7, 2020–
California Life Sciences Association (CLSA), the trade association representing California’s life sciences industry, today released the 2020 California Life Sciences Sector Report, which shows that California’s life sciences sector directly employed 323,723 people, generated $191.6 billion in revenue, is projected to attract $6.5 billion in venture capital (VC) and received $4.5 billion in funding from the NIH. Produced with PwC US, the 2020 snapshot highlights the strength of California’s biomedical sector – the largest cluster in the world – as evidenced by significant increases in employment, earnings, graduating science and engineering PhDs, VC investment, and potential new drugs and medical devices in the pipeline.
Key Highlights from 2020 California Life Sciences Sector Report
4.0% increase in total life sciences jobs (up more than 12,000 from prior year), with companies directly employing 323,723 Californians – the most in
Throughout 2019, tech companies such as Apple and Facebook, retailers such as Walmart and Target, and other corporations from real estate companies to banks installed a combined 1,283 megawatts of new commercial solar capacity in the United States—enough to power more than 243,000 homes.
That figure comes from the Solar Energy Industries Association’s latest Solar Means Business report. After 2017, 2019 was the second largest year on record for corporate solar investments (corporations installed 1,368 megawatts of solar capacity in 2017). U.S. corporations have invested in a cumulative total of 8,300 megawatts of solar power.
SEIA’s annual report tracks both on-site (solar panels on the roof of your local Walmart or Target) and off-site (when a company gets its energy from a separate solar farm) commercial solar installations. Though slightly behind 2017 in terms of overall added solar capacity, 2019 was a record year for on-site solar installations, with 845
Lack of Employee Input & Training Puts Technology and Automation ROI at Risk
ARLINGTON, Va., Oct. 6, 2020 /PRNewswire/ — Corporate executives have been investing heavily in technologies such as automation, robotics and artificial intelligence (AI) to reinvent how work is done. But as companies increasingly deploy new technologies, they may miss major opportunities to get the most out of their investments because of a missing critical factor – employee engagement.
According to a new national survey of U.S. workers by Eagle Hill Consulting, just 23 percent say technology changes have had a positive impact on their organization. Only 19 percent say their company invests in the right technologies to help employees do their job.
For its second impact fund, Salesforce is doubling the size of its pockets to support start-up companies working to solve problems in education, workforce training and climate science, and to create economic opportunities for minority and underrepresented populations.
Today, the publicly traded technology company announced a new $100 million Impact Fund within its Salesforce Ventures investment arm. The fund comes from Salesforce’s operating capital—in other words, it did not raise this money from outside investors.
“In the midst of concurrent crises—a global pandemic, economic fallout, and systemic racism and injustice—there’s never been a more important time to seek and support solutions that create new opportunities,” said Claudine Emeott, senior director of impacting investing at Salesforce, in an interview.
The investment strategy does have specific parameters—the most important of which is that prospective funding recipients should be able to show how their tools and services align with Salesforce’s existing product offerings.
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020.
Kevin Dietsch/UPI | Bloomberg | Getty Images
SINGAPORE — Stock market analysts in Asia clearly do not agree on who will win the U.S. presidential election. But they’re pretty unified on how they plan to play it.
CNBC asked 30 strategists a series of questions about the U.S. election and their current investments, offering them anonymity in exchange for their views. All 30 respondents were based in the Asia-Pacific region.
CNBC carried out the email-based early last week, and subsequently followed up with the strategists to ask if they had changed their outlook following the first presidential debate and the news that President Donald Trump tested positive for coronavirus. (Of the 30 respondents, three modified their predictions on the election’s outcome.)
Who wins in 2020?
The Asia-based investors were sharply divided on the central
As coronavirus lockdowns drag on, IT leaders are feeling hard-pressed to keep collaboration fresh among their remote workforces through video chat and other digital tools.
So some are turning to virtual reality. Fidelity Investments Inc., the financial services firm, has been exploring how virtual reality could be used to build workplace relationships among new employees working remotely. In May, it shipped brand-new virtual reality headsets made by Pico Interactive Inc. to more than 140 employees in its operations division. The workers were either new to Fidelity, or had recently moved into an operations role.
The goal was to replicate some aspects of a new-employee training program that would normally have happened in person in Boston over two weeks.
“We were able to use that visceral and collaborative element of virtual reality,” said Adam Schouela, head of emerging technology at the Fidelity Center for Applied Technology, which tests and evaluates cutting-edge
Jason is the Principal Cyber Risk Advisor at Dragos & a certified SANS instructor for critical infrastructure protection.
In 2017, I wrote about the top three cybersecurity tasks for any board. Aimed at executives, the article was intended to provide high-level guidance to prioritize cyber risk, based on financial impacts and evaluating security controls. Over the years, I have noticed that while discussions around cyber risks across boards have increased, there are still several gaps in maturity to manage these risks. Increasingly, executives are asking what the best investments for a security program are.
A Guiding Motto
It is important to understand the challenges that organizations face in managing cyber risk. There is no silver bullet to cybersecurity; it requires constant nurturing. And, similar to safety or legal risk management, it is difficult to measure return on investment. When combined with a cacophony of vendors, industry standards and limited
By Mohammad Raafi Hossain, Founder and Chief Executive Officer of Fasset
2020 has witnessed wildfires run rampant in Australia, tremendous storms and flooding in the southern United States, and the largest ice shelf left in the world shattering earlier this month—climate change and the threat it poses to society are startlingly obvious. The impact of climate change will go well beyond the physical world, however, and is set to have significant knock-on effects to the global economy. By 2050, experts estimate, climate change will cost the world economy $7.9 trillion.
While haunted by the threat of climate change, both developed and developing nations are facing deepening challenges around infrastructure development. In emerging economies, rampant population growth and rapid urbanization are placing increased pressure on existing infrastructural systems. Meanwhile, developed markets are engaged in maintaining relevance in an increasingly technology-driven, global economy and are in need of modernizing rapidly-dating infrastructure. Around
HOUSTON, Sept. 29, 2020 /PRNewswire/ — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a new EY survey: Oil and Gas Digital Transformation and the Workforce Survey 2020. In fact, 58% said the COVID-19 pandemic has made investing in digital technology more urgent, with a majority planning to invest a great deal (29%) or moderate amount (51%) relative to their total budget.
“The COVID-19 pandemic has accelerated the timeline for some digital technology adoption from five years to three months,” said Andy Brogan, EY Global Oil & Gas Leader. “The cost savings digital can deliver is critical for survival in today’s low-price environment, as oil and gas companies look to gain greater operational efficiencies and drive productivity across the value chain. However, to capture the full value of these investments, oil and gas