Why 'disruptive finance' has found its home in London | VentureBeat | Business | by William Bancroft This is a guest post by The Real Asset Company‘s William Bancroft We’ve all heard about the contrasts between the venture and entrepreneurial scenes in the USA and Europe. The prevailing view is that the US, especially Silicon Valley, is a more vibrant hotbed of disruption than the UK and Europe. Pools of venture money are funding U.S. start-ups, fueling a more compelling roster of Google-like successes. A sector growing outside of the USA But a certain niche has grown more mature and attractive outside of the US, and is largely focused around London. Disruptive financial services businesses seeking to revolutionize the way we move money, save and invest, trade and speculate, and generally consume financial services are finding London a more fertile environment to launch and grow. Apart from crowd-funding and P2P lending, which are established in the U.S., a number of start-ups and established businesses in London have found doing business in America to be difficult.
What is disruptive technology A disruptive technology is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry. Harvard Business School professor Clayton M. Christensen coined the term disruptive technology. In his 1997 best-selling book, "The Innovator's Dilemma," Christensen separates new technology into two categories: sustaining and disruptive. Sustaining technology relies on incremental improvements to an already established technology. Disruptive technology lacks refinement, often has performance problems because it is new, appeals to a limited audience and may not yet have a proven practical application. Here are a few examples of disruptive technologies: The personal computer (PC) displaced the typewriter and forever changed the way we work and communicate. In his book, Christensen points out that large corporations are designed to work with sustaining technologies.
ICI Montreuil, le creative space XXL En janvier 2013, aux portes de Paris, est apparu ICI Montreuil, un « creative space collaboratif et solidaire » de 1 700 m² dédié aux entrepreneurs de la création. Rencontre avec le co-fondateur Nicolas Bard. Peux-tu nous raconter comment est né le projet ICI Montreuil ? J’ai travaillé pendant dix-sept ans dans le milieu de la publicité, sur les plannings stratégies, la conception de filiales anglo-saxonnes, puis j’ai fait du consulting en indépendant. On a commencé par créer la marque Made In Montreuil qui fait la promotion du meilleur de la création montreuilloise dans tous les domaines. Facebook nous a permis de vérifier l’intérêt porté à notre initiative. Les rencontres et discussions qui ont eu lieu autour de la création du guide et du livre nous ont permis d’identifier les besoins de ces créateurs et ont conduit à l’idée de créer un lieu dédié à la création. Justement est-ce que tu peux nous en dire plus sur ce lieu ? Comment se crée l’écosystème d’ICI Montreuil ?
Korean Must Have Mobile App: Kakao Talk | Seoul Space: Startup Incubator. Coworking Hub. IT Blog. Localization Agency. There is probably one “must have” iPhone app in Korea and that app is Kakao Talk. Available for both iPhone and Android, Kakao Talk allows users to send and receive messages, photos and videos in place of SMS and MMS messages. There are numerous competitors in this field but Kakao has clearly risen to the top and cornered the local market. When the iPhone was first offered for sale in Korea, WhatsApp was the leader in this field. WhatsApp was originally offered for free but later became a paid app sold for 99 cents. Kakao Talk’s dominance was briefly threatened when the Samsung Galaxy S went on sale in Korea. The dominance of Kakao Talk demonstrates an important lesson for the Korean market: localization is key. It does not seem Kakao Talk is generating any revenue at the moment.
The Internet of Things and the Eclipse of Capitalism Jeremy Rifkin, author of “The Zero Marginal Cost Society” The Internet of Things will connect every thing with everyone in an integrated global network. People, machines, natural resources, production lines, logistics networks, consumption habits, recycling flows, and virtually every other aspect of economic and social life will be linked via sensors and software to the IoT platform, continually feeding Big Data to every node – businesses, homes, vehicles – moment to moment, in real time. Big Data, in turn, will be processed with advanced analytics, transformed into predictive algorithms, and programmed into automated systems to improve thermodynamic efficiencies, dramatically increase productivity, and reduce the marginal cost of producing and delivering a full range of goods and services to near zero across the entire economy. Related Stories Cisco Sees Retailers Harvesting Internet of Things for Analytics.Read the story » The IoT is also beginning to be used to create smart cities.
Cognitive Surplus Fuels Collaboration, Creativity and Innovation What is the Cognitive Surplus? Clay Shirky author of the business book “Cognitive Surplus: creativity and generosity in a connected age” and of the Ted Talk “How Cognitive Surplus will change the world” coined the term “Cognitive Surplus” to “describe the free time that people have…to engage in collaborative activities” particularly online. People worldwide are allocating their free time to connecting with each other instead of passively watching TV alone. Fueled by enthusiasm and passion, they are using their creative energy outside of work to fulfill social goals, not economic ones. Clay Shirky a Technology Optimist Shirky, a social media theorist and technology optimist, sees Cognitive Surplus as part of a positive evolution. Cognitive Surplus Erring on the Side of New Technology The trend toward online collaboration is emerging as the Internet shifts from “old technology“ to “new technology.” Cognitive Surplus’ First Step: Participation
M/C Journal: "Stigmergic Collaboration: The Evolution of Group Work" Introduction 1The steady rise of Wikipedia.org and the Open Source software movement has been one of the big surprises of the 21st century, threatening stalwarts such as Microsoft and Britannica, while simultaneously offering insights into the emergence of large-scale peer production and the growth of gift economies. 2Many questions arise when confronted with the streamlined efficacy and apparent lack of organisation and motivation of these new global enterprises, not least “how does this work?” Stigmergic collaboration provides a hypothesis as to how the collaborative process could jump from being untenable with numbers above 25 people, towards becoming a new driver in global society with numbers well over 25,000. Stigmergic Collaboration 3Pierre-Paul Grasse first coined the term stigmergy in the 1950s in conjunction with his research on termites. Collaboration is dependent upon communication, and communication is a network phenomenon. 1. 2. 3. 4. Non-Textual Mass Collaboration Conclusion