Transforming an Analog Company into a Digital Company: The Case of BBVA. Banks must urgently undertake a far-reaching technological and cultural transformation.
The industry is swiftly advancing towards a new ecosystem. The emerging new competitors—mostly spilling over from the internet—are unburdened by cost legacies and closely aligned with the needs and characteristics of new “digital” customers. To survive and thrive in that environment, banks must leverage their key competitive edge, namely, the information they already have about their customers, turning it into knowledge to deliver a better customer experience. BBVA began its transformation towards knowledge-driven banking seven years ago. Today our journalistic startup got backed by The New York Times and Axel Springer — On Blendle.
Less than six months ago we launched our journalism startup Blendle out of Utrecht in The Netherlands.
Today we are very excited to announce that we received $3,8 million in funding from The New York Times Company and German publishing powerhouse Axel Springer, to help our startup expand in Europe. Design center creates free software tool to analyze cities as spatial networks. Network analysis—the mathematical analysis of relationships between elements or actors in a complex system—has become popular among transportation planners and spatial analysts, but its use remains relatively limited among architects and urban designers, whose day-to-day work demands more visioning than analysis.
Now, researchers at the joint MIT-SUTD International Design Center (IDC) have created a free network analysis plugin for Rhinoceros 3-D modeling software, one of the most popular software platforms among architects and urban designers. The new Urban Network Analysis (UNA) plugin enables urban planners and architects to describe spatial patterns of cities using mathematical network analysis methods. "Every built environment contains a spatial order, marked by relationships of proximity and adjacency between different buildings, public spaces, and routes that connect them," explains Andres Sevtsuk, the principal investigator of the City Form Lab at IDC that produced the plugin. Top 10 data mining algorithms in plain R.
Knowing the top 10 most influential data mining algorithms is awesome.
Knowing how to USE the top 10 data mining algorithms in R is even more awesome. A Machine-Learning Supercomputer Woven from Idle Computers. Recent improvements in speech and image recognition have come as companies such as Google build bigger, more powerful systems of computers to run machine-learning software.
Now a relative minnow, a private company called Sentient with only about 70 employees, says it can cheaply assemble even larger computing systems to power artificial-intelligence software. The company’s approach may not be suited to all types of machine learning, a technology that has uses as varied as facial recognition and financial trading. Sentient has not published details, but says it has shown that it can put together enough computing power to produce significant results in some cases. Sentient’s power comes from linking up hundreds of thousands of computers over the Internet to work together as if they were a single machine.
Uk.businessinsider. Secret's collapse shows the traditional VC funding model is broken. The monumental failure of anonymous social app Secret and the closing of the company’s doors after a mere 16 months in business has fueled serious discussion among entrepreneurs and venture capitalists.
Concerned parties on both sides of the funding table are asking hard questions about what this development means to the future of venture capital funding and whether the well-funded startup’s demise might not in fact indicate that the traditional VC model is broken and badly in need of repair. From the VC Vantage Point The VCs that helped Secret raise a whopping $35 million in funding included Google Ventures (one of the company’s earliest backers), Kleiner Perkins Caufield & Byers, Index Ventures, Redpoint Ventures, a number of angel investors, venture capitalist Marc Andreessen, and actor Ashton Kutcher, among others. Yet despite the significant chunk of capital invested in the firm, the app’s popularity peaked after 10 months and then quickly declined.
Do Things that Don't Scale. VENTURE WATCH. Google Sheets - create and edit spreadsheets online, for free. Uk.businessinsider. British painter and decorator invents one-use syringe that could save millions of lives. How to get your first 100 email subscribers. Welcome to Forbes. My startup failed, and this is what it feels like… My startup failed, and this is what it feels like… My startup failed, and this is what it feels like… Email rules, A/B testing is overrated, and other surprising marketing tips from startups. What kinds of marketing tips do a VC firm’s startups share?
Bowery Capital hosted in Manhattan its second annual CMO [chief marketing officer] Summit on Thursday to find out. It brought together nearly a dozen companies in its portfolio — including marketing analytics firm TrackMaven, training platform Codecademy, and mobile data platform MParticle — along with related vendors and invited guests. The VC firm holds similar tactical workshops each quarter, focusing in turn on common problems facing chief revenue officers, chief financial officers, and chief technical officers. Bowery Capital founder and general partner Mike Brown Jr. offered the first set of tips — three marketing tech trends that startups selling to large companies should know: There’s an emerging C-suite position, the chief marketing technology officer (which VentureBeat reported in 2012).
‘The new lingua franca’ Technology Entrepreneurship: Taking Innovation to the Marketplace - Thomas N. Duening, Robert A. Hisrich, Michael A. Lechter.