#Why no one can be a'passive consumer'in today's API economy Increasingly, innovative businesses are being built around application programming interfaces (APIS)
Ross Mason, founder and vice president of Mulesoft, outlined in a recent webcast how the rise of the API economy can be considered to be second digital revolution.
000--also are taking part in the API economy, Mason observes. Nike, Coca-cola, Target, and even the National Basketball Association are leveraging APIS to open up new markets and advance product innovation.
Everyone in the API economy can start springing up and start creating new businesses. For example
In this API economy, anyone can do it, Mason continues. Once someone exposes an API, your competitive advantage is how you can stitch all these APIS together to create new advantages.
There is another element of the API economy that separates it from the status quo, Mason adds.
The key thing about the API economy is you can't just consume APIS. It's not just about consuming data, connecting to Amazon or Salesforce.
This is a key part of the economy--you re not just a passive consumer. Innovation starts with an API strategy,
Stress from the stagnant economy: People are rethinking the relationship between cost and value, Gansky said.
Now that China is the world s second largest economy, it s no surprise that a booming language immersion program has seen a 300 percent growth in demand for Mandarin chinese.
But the U s. economy is growing again, so are people driving more? Doug Short takes a look at the latest data (PDF), on vehicle miles traveled, from the U s. Department of transportation.
and gas prices stay highthis is where discussions of eak oilbecome relevant and on how quickly the U s. economy rebounds.
having arrived at the ISS thanks to a Spacex Falcon 9 rocket launched in April. ur team is developing the technology that will enable humanity to create an off-planet economy that will fundamentally change the way we live on Earth,
wee experiencing an berficationof the economy. Alongside this movement to an n-demandeconomy (discussed in detail by the team at Sherpa Ventures),
Another consequence of this shift is the rise of the sharing economy, or ollaborative consumptionas many call it.
According to the China National Tourism Association (via China Travel Guide) the number of Chinese travellers visiting foreign countries have grown drastically over the last several years as China economy has expanded its number of moneyed citizens
According to the American Council for an Energy-efficient Economy, even China and India have fared better on the list than the U s as American energy regulations for power conservation have been particularly scarce in recent years.
and Las vegas. There a new vanguard creating the future of the U s. manufacturing economy. Companies like Makerbot, Techshop and Kickstarter are playing a large part in fixing the breakdown between historical industrialized employment and manufacturing models,
Henry ford led the second Industrial revolution in the 20th century with large assembly-line factories being built on a mass economy of scale.
Its hallmark is that of a flat and distributed economy, a level playing field where local enterprise can compete with global conglomerates.
#Trillion-Dollar Alternative Lending Industry Is A VC Gold mine In a recovering economy where big banks are restricted by complex regulations,
The economy may have recovered, but the 2008 meltdown is still taking a toll on the lending market.
The pilot program Tencent is taking part in is part of the Chinese government efforts to reduce the amount of control state-owned banks have on its economy and further its ongoing efforts at financial reform.
Their economies are almost entirely cash-based and suffer from the chicken-and-egg problem:
the question presents itselfow will the new economies of the future operate? Will they still cling to the coins
and ruthless economists out there, the real fun is in buying gift cards through Compelation.
And as the world shifts toward the information and knowledge economy, the value increases. Making accurate vision more accessible just took one bright eyedea.
when China economy was still growing at more than 10 percent a year, it was unclear
All of this combined to make the carbon intensity of the whole U s. economy, or the amount of carbon dioxide emitted per million dollars of GDP, rise by 0. 2 percent,
The desire to understand why inequality seems to be reaching such troubling levels no doubt accounts for the remarkable success this year of The french academic economist Thomas Piketty Capital in the Twenty-first Century,
Economists have warned long that inflation-adjusted wages for low-and middle-income workers have been flat or declining since the late 1970s in the United states,
even as its economy has grown. Piketty, a professor at the Paris School of economics, greatly expands on this idea,
and Anthony Atkinson, an economist at the University of Oxford, Piketty collected and analyzed data, including tax records,
The disparity in the portion of income earned from workhat economists call labor incomes particularly striking.
a Harvard economist and Nobel laureatehat inequality diminishes as countries become more technologically developed and more people are able to take advantage of the resulting opportunities.
what economists like to call uman capital. But the belief that technological progress will lead to he triumph of human capital over financial capital and real estate, capable managers over fat cat stockholders,
Not all economists are so pessimistic; in fact, g has been higher than r for most of the 20th century
The coauthor, with fellow MIT academic Andrew Mcafee, of The Second Machine Age, Brynjolfsson, like Piketty, has gained recently unlikely prominence for an academic economist.
The biggest factor is that the technology-driven economy greatly favors a small group of successful individuals by amplifying their talent and luck.
is that the technology-driven economy greatly favors a small group of successful individuals by amplifying their talent and luck,
That economy they conclude, will increasingly be dominated by members of the small elite that nnovate
says David Autor, an MIT economist, the disparity in skills and education among the other 99 percent is big deal, a much bigger deal.
Research he conducted with a fellow MIT economist, Daron Acemoglu, suggests that productivity growth is not in fact accelerating,
According to Autor, the changes wrought by digital technologies are transforming the economy, but the pace of that change is not necessarily increasing.
But the underlying problem for much of the population remains. e have a very skill-driven economy without a very skilled workforce,
he begins abruptly. e used to be a classic middle-class economy. But that all gone.
The economy is bifurcated and there nothing in the middle. He blames globalization for wiping out the semiconductor industry
According to Chris Benner, a regional economist at the University of California, Davis, there has been no net increase in jobs in Silicon valley since 1998;
If economists are right that income inequality is fueled by disparities in skills and education, then the last chance for many people to find a route into the middle class may be in places like Foothill College.
Solow, a Nobel laureate who is one of the most influential economists of the last half-century,
which is damaging to the economy. In other words, the lack of access to high-quality education is not just bad for the students in East Palo alto;
But there are numerous problems with this dream of a hydrogen-based economy. One is that hydrogen is difficult to store efficiently.
The Networked Economy No question about it: The Networked Economy is the next economic revolution. In the coming years it will offer unprecedented opportunities for businesses
and improve the lives of billions worldwide. In fact the revolution is already under way. Over the last few decades we ve grown beyond the industrial economy to the IT economy and the Internet economy each
of which led to significant inflection points in growth and prosperity says Vivek Bapat SAP s global vice president for portfolio and strategic marketing.
Now we re looking at the Networked Economy. This new economy resulting from a convergence of the economies that came before it
and catalyzed by a new era of hyperconnectivity is creating spectacular new opportunities for innovation.
And like any revolution the Networked Economy is going to be big. Very big. Over the next 10 to 15 years it has the potential to double the size of the gross world product Bapat says.
SAP estimates that the Networked Economy will represent an economic value of at least $90 trillion. Three Questions##and Answers##About the Networked Economywhat exactly Is networked the Economy?
It s an emerging type of economic environment arising from the digitization of fast-growing multilayered highly interactive real-time connections among people devices and businesses.#
#What s driving the Networked Economy? Over the past decade the world has seen significant changes in how people
What must businesses do to thrive in the Networked Economy?##First they must understand that their customers employees
But while social mobile and cloud computing helped set the groundwork for the Networked Economy it s important for businesses to understand that this revolutionary economic environment goes far beyond those technologies creating unprecedented new opportunities for collaboration and customization.
and take advantage of one of the biggest and most immediate changes of the Networked Economy:
Three Pillars of the Networked Economysap has identified three main areas where the Networked Economy is having
The Networked Economy is already helping companies provide better more personalized customer experiences. But there s much more opportunity on the near horizon.
In the Networked Economy personalization of the customer experience in almost every field from retail to medicine will be become the norm. 2. ENABLING OPEN INNOVATION.
The Networked Economy will create entirely new ways of working. It will change the contract between employers
They re completely at home in highly connected collaborative spaces like those underlying the Networked Economy.
In addition the Networked Economy relies on what SAP s experts describe as a new currency based on knowledge not on geographical proximity.
The Networked Economy will make it possible for businesses to use all kinds of resources more efficiently##enough SAP s experts believe to move from a world of scarcity to one of abundance.
The Networked Economy is going to allow us to do just that. If there s one area where resource optimization is needed more urgently than any other it s agriculture Projections call for the Earth s population to exceed nine billion by 2050 up by about two billion from today.
The Networked Economy is the key to unlocking it. The Networked Economy: Meeting the Challengesas with any revolution the shift to the Networked Economy comes with a whole new set of questions that must be answered.
The big-picture ones involve the networked information itself. The Networked Economy hinges on information
whether it s inside a business or resulting from a transaction or coming from a person Bapat says.
The questions are: Who owns that information? How is shared that information? Is it private? Is it secure?
The potential benefits of the Network Economy far outweigh any growing pains that accompany it.
"A spokeswoman for the Department of Business, Innovation and Skills described the figures as"great news for the UK economy"."
and building a biobased economy is key to reducing dependence on foreign oil enhancing our nation economic and energy security.
Progress in biofuel-powered flights and the Navy continued pursuit of alternative energy are great steps to help the United states build a biobased economy
emerging economies, and developed economiesre implementing policies and programs to foster innovation and grow knowledge-based industries;
Growth Platform for Economies Around the World, Battelle examined policies and programs being implemented to promote the bioscience sector in 18 countries
and the European union (E u.).These countries were selected because of their interest in growing an innovation economy.
and financial resources and developing economies are more likely to focus first on attracting foreign direct investment and talent from abroad before turning to development of indigenous resources of technology, talent,
and capital, all of the countries examined are focusing on strategic components to grow their biopharmaceutical economy.
Increasingly, other countries are seeking to develop knowledge-based economies to not only spur economic growth but also increase their ability to compete effectively in a global economy.
#The New Food Economy: How Innovation is Transforming Agriculture Data analysis and computational technologies are giving farmers the ability to monitor their land better,
Nanette Byrnes, writer for the MIT Technology Review, calls this the ew food economy. y combining this information with data generated by soil sensors and weather reports,
and ultimately to benefit Intel and the broader economy through its success,""Intel CEO Brian Krzanich said in a statement.
so plants like that of Calgren can help diversify the economy while mitigating the dairy farmsenvironmental effects.
and a low-carbon economy and have abandoned thus their previous emphasis on threats to their bottom line.
the Solar energy Industries Association (SEIA) said it will provide a big boost to the US economy,
Resch continued, oday, the US solar industry is pumping $18 billion a year into our economy
e applaud Congressman Thompson for his continued leadership on issues vital to our economy and environment and thank all of the original cosponsors for joining him in this important effort to build a clean energy future for America. y any measurement,
while lowering costs to consumers and spurring the economy. Because of the certainty provided by the ITC and other stable public policies
which will benefit our economy, environment and national security. riginal cosponsors of the legislation include: Reps.
They are steeped in their analysis that they are the underpinning foundation of the economy which of course they have been.
Energy is the essential foundation of the economy but we now have a better, cheaper way of producing energy.
when you combine nergy as a technologywith most growth in energy demand being in developing economies.
in part given the greater size and affluence of the nation economy. Yet payers should also reward developers for innovation,
dispassionate economist would say that inefficient. But I think as a society, we want to invest to make sure that smaller groups of people aren left behind just
"It's basically how we're moving away from an oil-based economy towards something that has a renewable, sustainable future to it."
a state with similar energy requirements to the U k. But there's a push for much more. toring energy will become increasingly important in the move toward a low-carbon economy
000 Qubit Processor and Is discussed in the Economist June 23rd, 2015leti to Present Solutions to New Applications Using 3d Technologies at SEMICON West Letiday Event, July 14:
harnessing nature to create functional inorganic materials will provide a pathway to a future environmentally friendly biomanufacturing based economy.
#The Hydrogen fuel cell will revolutionize the economy of the world: New non-platinum and nanosized catalyst for polymer electrolyte fuel cell Abstract:
and it costs the NHS and wider economy many billions each year. Traffic is the main culprit;
harnessing nature to create functional inorganic materials will provide a pathway to a future environmentally friendly biomanufacturing based economy.
plunging property tax revenues, municipal bankruptcies, a wave of climate refugees fleeing California and the collapse of the California economy.
a complete collapse of its economy might well have led to social unrest and even conflict,
and the existence of a large shadow economy that doesn't pay taxes) require time to fix,
As a result, eliminating periodic electronic regeneration will drastically change the economy of the network infrastructure, ultimately leading to cheaper and more efficient transmission of information.
"It's basically how we're moving away from an oil-based economy towards something that has a renewable, sustainable future to it."
Last year, Germany was named the world most energy-efficient country by the Washington-based American Council for an Energy-efficient Economy (ACEEE
Meanwhile remembering the quiet heroism of scientists in these countries Africarice economist Ali Toure who was working in Sierra leone remarked We are praying for the safety of our brave colleagues who are continuing their work under very difficult and even dangerous situations.
In developing regions where the economy is weak and medical services are limited, global health experts say as many as 200 million women want access to long-term,
harnessing nature to create functional inorganic materials will provide a pathway to a future environmentally friendly biomanufacturing based economy.
The study has been financed by the"Plan Nacional"of the Ministry of Economy and Competitiveness and by the European union programme Marie Curie Actions,
A recent study by U. C. Davis researchers projected that the drought would cost California's economy $2. 7 billion in 2015 alone.
Finally, California and the rest of the Colorado river basin amount to the world's seventh largest economy,
Even though the broader Chinese economy has been relatively weak, which is typically bad for corporate profits,
As a result, eliminating periodic electronic regeneration will drastically change the economy of the network infrastructure
This pay gap is found to a greater and lesser degree throughout the economy, including in the manufacturing sector where,
the sharing economy. In this brave new world, untapped capacity such as idle cars and rooms is made available for hire,
Paris is also the scene of another collision between a company from the sharing economy and the authorities:
Pricewaterhouse Coopers forecast last year that total revenues for the five largest sharing economy businesses could be £9bn in the UK by 2025,
the sharing economy is a throwback to the preindustrial age, when village communities had to share resources to survive,
Pwc chief economist. hey built up trust through repeated interactions with people they had known all their lives.
But as Love discovered, the sharing economy can create significant tensions. Some view the taxi driversanger as a repeat of the Luddite protests of 1811,
"Consumer payments in the U s. have been slow in keeping up with an on-demand economy where consumers have instant access to so many services through their mobile devices,
though the Washington post says it has obtained a copy of it in advance. trong encryption is the cornerstone of the modern information economy security,
The letter says"strong encryption is the cornerstone of the modern information economy's security,
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