John is a Senior Content Marketing Manager at Omnicell. He is a results-driven consultant who has worked with some of the biggest names in technology, including Oracle, Cisco, Hewlett Packard, and IBM, to improve their marketing and lead generation strategies. John holds a Bachelor of Science in Engineering and Journalism from the University of Wisconsin-Madison.
The world of money and finance is changing fast. Digitized assets and new financial channels, instruments and systems are creating new paradigms for financial transaction and conduits of capital. You’ve probably heard of the terms Bitcoin, which at its essence is digital cash, and blockchain technology that enables transactions.
In the Internet of Things (IoT) space, pain points vary widely across industries. IoT technology for enabling a smart city has very different dynamics and ramifications than the technology needed to make a smart watch for example. Regulatory hurdles for a government project may take a decade to address, whereas a consumer product could go through multiple generations of changes in one percent of those timeframes. Adoption rates for IoT also vary widely – with retail, consumer products, and manufacturing leading the way, and financial services, natural resources, and education taking longer to adopt.
The role of CFO at innovative product companies has quickly evolved from “bean counter” to powerful agent of change and business leader. In manufacturing's past, the role of the CFO has been limited to accounting practices, such as ensuring company compliance with financial reporting and control requirements — rather than any direct involvement in specific IT strategic initiatives.
Here’s a connect-the-dots exercise. Design-focused companies have outperformed the S&P 500 index by 228 percent in the last decade. Salesforce, which offers the most intuitive, highly configurable CRM SaaS solution on the market, grows 25% year over year. In a recent CNN product design survey, two of the top ten product designs in the last century — according to design experts — were from Apple, a company soon to be worth a trillion dollars.
A few months ago, I wrote an article about the dangers a company faces when one of its employees raves about Olive Garden. The issue isn’t that the Olive Garden lover is a problem employee — it’s that anyone tarred with the “Olive Garden lover” brush will unfairly get thrown under the bus when failures arise in a manufacturing company’s supply chain.