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As greater chinese agencies circulation into global markets, their chief executives are gaining a bigger presence on the realm stage. In China’s auto trade, one of the most admired leaders is An Conghui, president of Zhejiang Geely protecting community and president and CEO of Geely Auto group, a US$sixteen billion motor automobile business prevalent for its Geely automobile manufacturer in China, its acquisition of Volvo in 2010, and its growth as a world auto conglomerate.
The auto trade is international in scope; its companies rely on purchaser markets, provide chains, and improvements from assorted international locations. it's thus an business through which groups with ambition can all of a sudden set up themselves on the world stage. Geely has completed exactly that over the ultimate 10 years, using the momentum of the chinese market to turn Geely into a global, customer-oriented car brand. centered in 1986 by using Li Shufu as a household business that manufactured fridges, it swiftly diversified into client products, then motorcycles, vans, and vehicles.
In 2017, Geely purchased a controlling stake in British sports vehicle enterprise Lotus, and in 2018, a 9.7 percent pastime in Daimler-Benz. In March 2019 it introduced a brand new three way partnership with Daimler to supply electric wise automobiles in China for the international market. And it's on the brink of a many years-ancient purpose: introducing a brand new line of vehicles to Western Europe and the UK. it will do that below the manufacturer identify Lynk & Co, developed by way of Volvo and Geely Auto as a top class brand placed between the mass-market and luxury market segments. Geely is additionally aggressively pursuing main-area know-how: it's engaged on independent motors and flying cars, or “intelligent spatial mobility terminals,” as An calls them. And it is looking intently at technology-connected partnerships that can aid it improve electric powered cars and gas-telephone powertrains.
on account that 2012, when An became president of Zhejiang Geely protecting neighborhood, Geely Auto has grown to be one of the main automakers in China, after standard Motors and Volkswagen. here's the first time a domestic automaker has held that role on the earth’s fastest-turning out to be motor automobile market. Like Haier in the appliance enterprise, Geely is reframing the world’s conception of what a chinese language enterprise may also be and the way it could enter world markets. lately, approach+enterprise interviewed An via electronic mail.
S+B: PwC’s 22nd Annual international CEO Survey discovered executives frequently less confident about their own company’s boom prospects for 2019 than that they had been the year before. How do you suppose about increase prospects for your personal business, and for the business?AN: Given the universal macro environment, the market outlook for vehicles during the coming 12 months is not positive. all through the whole 12 months of 2018, China’s automobile market noticed a gentle decline in monthly revenue extent. on the identical time, the international economic climate is experiencing a wave of shocks from new technology.
The automobile trade is now getting into a section of transformational change. The car of the longer term is an clever spatial mobility terminal with a high degree of online–offline integration. thus, we're increasing our investments in digital technology, so that we can enhance our own intelligent spatial mobility items, with our own gadget of online–offline integration. for instance, we are currently developing capabilities for servicing vehicles online.
at the identical time, to achieve strong increase in the present challenging market ambiance, we must attain shoppers today — through focused advertising, a quantum leap in benchmarking, and first-class upgrading. We task that Geely Auto neighborhood will obtain annual sales of 2 million cars in 2020, up from about 1.5 million automobiles in 2018.
S+B: And over the next 5 years?AN: Dramatic adjustments are underway within the trade’s intrinsic enterprise models, and in consumer demand. We consider more agencies deserve to collaborate on establishing future technologies and universal systems. the important thing to successful the long run should be for companies to band together, and build their own shared digital structures.
with the aid of 2020, Geely preserving group can have long past from being a satisfier of consumer demand to being an industry leader. we can have practically 40 items that use hybrid electric automobile (HEV) and all-electric powertrains. Bolstered through new energy sources, autonomous riding, and journey sharing, we can transform from a normal car company into a global technology agency oriented towards transportation and mobility.
S+B: How do you view the existing U.S.–China exchange friction, and the uncertainties associated with it?AN: I agree with in markets, so I assist global free trade and oppose protectionism. The overriding trend is towards globalization. Protectionism and unilateralism are brief, I consider, and the future of foreign trade will nevertheless be in keeping with cooperation and sharing.
At present, the U.S.–China trade friction is constructing in a positive route. I consider that this can have a very good impact on both countries and even the global economic climate. China is now fully built-in into the global gadget. It has turn into the world’s 2d-largest financial system and the biggest trading nation in terms of items. sooner or later, China can most effective open up extra, and become extra intertwined and interdependent. We at Geely are a part of that style.
car consumers in China and abroad
S+B: How do you see market demand evolving in China in the future?AN: Market demand alterations very quick, and we're always keeping up with the newest market alterations. The fashion towards electric-powered and intelligent vehicles will continue. Automakers will must ramp up investment, perpetually spoil via technological bottlenecks, domesticate R&D ability, enhance their R&D capabilities, and build core aggressive benefits and innovation capability from the ground up.
as an example, in 2015 Geely keeping neighborhood invested in the cellular experience-hailing provider startup Cao Cao, making Geely the first chinese carmaker to foray into the shared-shuttle market. This yr, we're establishing a joint venture with Daimler to explore the top class journey-sharing box. This will be a key step in our transformation.
trip sharing isn't the only chopping-side trip components we're exploring. That’s as a result of every visionary motor car expertise today — equivalent to self-driving vehicles and flying automobiles — can lead the industry’s construction day after today. on the end of 2017, Geely neighborhood bought the U.S.-based flying motor vehicle business Terrafugia, marking the formal launch of exploration into combined land–air transport.
we are additionally in a couple of cooperative ventures exploring future modes of commute: with Tencent on Wi-Fi platforms for high-pace trains (and different advantage linked-mobility services); with China Aerospace Science & industry employer in areas comparable to tremendous-high-speed trains and the industrial internet; and with China Telecom on such areas as faraway computing, linked cars and related homes, and 5G-primarily based systems. This could pave the way for 3-dimensional clever go back and forth.
moreover, we can put most important effort into setting up electric vehicles. We are expecting that by 2020 Geely may have pretty much forty products that incorporate HEV and all-electric power options. electric powered vehicles and excessive-effectivity inside combustion engines are the “two wheels” (they need to flip cooperatively and in tandem) through which China can decrease oil consumption, lower dependence on international oil, and cut down on environmental toxins.
finally, Geely is consistently exploring R&D on self-using motors. The Bin Rui compact sedan, launched in China in August 2018, is the Geely company’s first automobile model to be equipped with the clever cruise control equipment.
S+B: What are the modifications between the chinese language car market and other markets, and what are the longer term developments worth maintaining a watch on?AN: by 2017, China’s car market had already been the area’s greatest for nine years in a row. Following a length of explosive boom in income volume, the price of growth is at present slowing down. having said that, China will still have some of the world’s greatest automobile markets for many years to come back. As China’s motor vehicle patrons develop into increasingly mature and the journey-sharing container continues to extend, there's an awful lot expertise nonetheless ready to be tapped. chinese language manufacturers now account for less than forty percent of China’s passenger motor vehicle market, so there's appreciable room for chinese language automakers to exert themselves and develop. at the identical time, given the inhabitants’s ceaselessly rising incomes, vehicle consumption in China can be characterized via pronounced upgrading over the subsequent a couple of years.
a world corporate lifestyle
S+B: What have been the most important factors that led Geely to purchase Volvo, and how did the buy affect your considering?AN: buying Volvo vehicles turned into one of the most crucial turning facets in Geely’s building. It helped us lay a groundwork for building a world corporate way of life. automobiles are a world business, and that requires being more open and inclusive. Our optimal intention is to provide win-win solutions for global markets. Integration and openness allow an organization to de-emphasize or smash down country wide, ethnic, spiritual, linguistic, and regional [differences], and to step by step foster a tradition of admire, adaptation, inclusiveness, and integration.
Geely helped Volvo find a strategic route, and achieve product standardization and conceptual upgrading. We brought Geely’s a success journey in charge control to endure, assisting Volvo cut costs. The close collaboration and cooperation between Geely and Volvo produced effects in 2011 as performance begun to enhance, and earnings quantity and profits have expanded basically every year seeing that. Geely also acquired technical aid from Volvo. the two sides collaborated in establishing the CMA [compact modular architecture] platform. It turned into on this foundation that Volvo produced the XC40 mannequin, which got the distinguished “European car of the yr” award in 2018. And the Lynk & Co automobiles, which use CMA, have got favorable attention ever on the grounds that they hit the market.
The Volvo automobiles community is also a pioneer and leader in self-riding expertise. The mission the business has set for itself is to have a zero rate of fatalities or serious injuries from accidents in new Volvo automobiles by using 2020. Volvo does have a reputation for safety, however additionally has appreciable advantages in environmental insurance plan and health.
S+B: Why did you buy well-nigh 10 % of Daimler and improve a strategic partnership?AN: Geely preserving neighborhood is determined to develop into a worldwide know-how group with an entrepreneurial spirit. There are very first rate possibilities for cooperation with Daimler in such areas as digital technology, online capabilities, new power technology, and shared shuttle. In October 2018, Daimler Mobility features and a Geely maintaining community subsidiary we name “Geely group (New company)” established a domestic joint venture in China, with both sides retaining 50 percent of the fairness. the brand new company will give high-conclusion trip-hailing services, and here is additionally a key step in Geely’s transformation from a automobile manufacturer into a global car expertise neighborhood.
S+B: How do you construct shut working connections between businesses with such diverse histories and, possibly, distinctive company cultures?AN: The world enterprise culture that Geely champions spans countrywide boundaries, ethnicities, and religious beliefs. It seeks to actively shoulder corporate social duties, tackle essentially the most daunting technical challenges, and pursue most reliable practices in enterprise. this is the foundation for cooperation with Daimler as well as different foreign firms.
in addition, Geely and Daimler have common goals. confronted as we're with a relentless flow of disruptive technologies and ever-altering items, we believe that extra companies should collaborate.
S+B: Do you predict to proceed to pursue deals with other world automakers?AN: we have an open perspective, however even if above all we will take fairness stakes or acquire automobile groups will rely on development developments within the general market and Geely’s personal needs.
S+B: tell us a bit bit about your Lynk & Co manufacturer, which is anticipated to enter the ecu and U.S. markets around 2020.AN: The Lynk company adopts European technology and design whereas being dedicated to achieving global manufacturing and sales. It competes with among the finest, foreign-owned brands, focusing on buyers’ actual calls for from delivery to conclude. by 2020 we plan to have a collection of fashions accessible, forming a complete product lineup and international market coverage. The earnings channels will combine online and offline income, reflecting our perception of the lifestyles and browsing habits of younger city customer groups in the information superhighway age.
autos of the longer term
S+B: How quick will electric powered automobiles gain patrons’ acceptance, and the way will that happen?AN: In China, the govt’s advertising of electric powered vehicle development has attracted worldwide consideration. China has now ranked number one in new power vehicle earnings quantity for three years running, and the acceptance degree among patrons is excessive. however the pace of market penetration for electric vehicles additionally depends upon helping infrastructure and country wide policy help.
“We think cars in the future will be capable of vertical takeoff and landing, and will fly freely through cities and rural areas. The advantage market is very massive, but the field is terribly an awful lot an emerging one.”
based on our evaluation of the long run, Geely is already prepared. In 2015, we launched the “Blue Geely” motion plan, promising that starting in 2020, new energy and electrified motors will account for 90 p.c of yearly earnings. We expect comprehensive breakthroughs in areas akin to force methods, [fuel] economic climate, and intelligence. In 2013, Geely holding group purchased London Taxi business. In 2017, we renamed it the London electric car enterprise. it's committed to building a manufacturer-new lightweight, zero-emissions-able electric powered automobile platform — a new power segment for the city industrial car market.
S+B: Doesn’t the boom of electric powered motors depend on constructing new infrastructure?AN: yes, charging stations and other infrastructure are important for promoting electric vehicle development and boosting latitude. but the development of charging stations in China is continuing, and a lot of companions in the business are discovering business alternatives in that enviornment. I consider the build-out of supporting infrastructure will development quicker than we are expecting. I additionally hope to look larger breakthroughs and improvements in battery life along with sooner charging times.
We also have R&D materials deployed in alternative fuel techniques, such as those the use of hydrogen gas cells. Geely is advertising the building and utility of a number core technologies within the new power box.
S+B: what is your view of flying cars? How do you see your funding in them enjoying out?AN: for a lot of patrons, flying cars are nevertheless within the realm of fable. however, Terrafugia these days begun taking develop orders for its first product, a two-seater flying car that would swap between surface driving and flying modes in below a minute.
We feel automobiles in the future can be capable of vertical takeoff and touchdown, and will fly freely through cities and rural areas. The skills market is terribly large, however the box is awfully tons an emerging one. Most trade members are working collectively to boost the industry, rather than directly competing with one one other. We welcome even more members to be a part of the ranks of flying car research.
The usual sample of future transportation may be intelligent and three-dimensional, divided into three degrees: at the surface, beneath ground, and between buildings. distinct kinds of transportation tools may be interconnected, and travel should be extra different. Geely is taking steps to position itself for this future commute ecosystem.
ORLANDO, Fla., Jan. 27, 2003 (PRIMEZONE) -- Interliant, Inc. (OTCBB:INIT), a leading company of managed infrastructure options, introduced today at Lotusphere 2003 the provision of two new hosting and consulting features for companies migrating to Lotus Notes(r)/Domino 6 (ND6), the latest unlock of IBM's messaging and collaboration server utility. The functions -- Interliant Managed Messaging for Domino 6 and Interliant Domino 6 Migration capabilities -- are designed support Notes and Domino users circulation to ND6 and manage their Domino 6 infrastructure greater charge-comfortably, reliably, and securely.
"Interliant's Domino 6 options are greater than just a internet hosting offering," referred to Francis J. Alfano, Interliant's president and CEO. "We are actually providing a group of packaged functions that aid an organization plan their migration strategy, execute the transition, dispose of migration service disruptions, and reduce the can charge of managing their Domino 6 infrastructure."
Alfano brought, "as a result of Lotus Domino is this kind of vital part of an organization's IT infrastructure, we have designed these features to make each migration and daily operations as professional and easy as possible. Interliant has ten years of Domino experience, and in recent months we have invested closely in Domino 6, each in our internet hosting operations and in our expert functions organization, where we're well on the way to our purpose of certifying 100% of our Domino consultants on ND6."
Interliant Managed Messaging for Domino 6 is a finished outsourced Domino infrastructure answer. Its aspects include:-- Lotus-certified engineering and operations administration, -- customizable monitoring and computerized remediation, -- 24 x 7 staffed system administration and client aid, -- each day statistics backup, off website tape storage, and on-demand restoration, -- anti-virus, anti-junk mail, and content filtering, -- subtle firewall safety, and -- finished industry-benchmark provider stage agreements.
The provider can also be configured with a client's Domino servers in Interliant's records centers, or with the servers determined at a client facility but remotely managed by Interliant.
Interliant Domino 6 Migration functions take businesses during the complete process of relocating to ND6 from prior Domino releases or legacy systems. Delivered by way of Interliant's Lotus-certified consultants, the functions include:-- discovery and requirements analysis to accumulate technical and business necessities and develop structure strategies, -- implementation planning together with server and client configuration and coexistence planning for combined-platform environments, -- pre-migration checking out of servers, directories, and templates, -- migration to Domino 6 servers, -- Notes client enhancements via a person-pushed system, and -- upgrading and constructing functions to take talents of the brand new elements of Domino 6.
Interliant's Domino 6 hosting and Domino 6 Migration services are available now.
Interliant is an IBM and Lotus enterprise associate with ten years of event with Lotus utility products. besides the new Domino 6 services, Interliant presents hosted IBM Lotus team workplace (QuickPlace) and fast Messaging (Sametime) options, customized Domino software construction, outsourced Domino software help, and strategic messaging and collaboration consulting functions.
Interliant, Inc. (OTCBB:INIT) is a leading company of managed infrastructure options, encompassing messaging, security, and internet hosting plus an integrated set of skilled services that differentiate and add customer value to those core solutions. The business makes it more straightforward and more inexpensive for its valued clientele to acquire, hold, and manage their IT infrastructure by means of selective outsourcing. Headquartered in buy, long island, Interliant has forged strategic alliances and partnerships with the world's main utility, networking, and hardware manufacturers, including IBM and Lotus development Corp., sun Microsystems Inc., examine aspect software technologies Inc., and Microsoft. For more tips about Interliant, visit www.interliant.com
Interliant is a trademark of Interliant, Inc., within the united states, other countries, or both. All other emblems are the residences of their respective agencies.
This press free up contains ahead-looking statements that will also be identified by way of words corresponding to "anticipate," "consider," "estimate," "are expecting," "intend," "can also," "will," "plan," "forecast" and equivalent words and expressions. Such forward-searching statements contain risks and uncertainties that could cause exact consequences, performance, achievements and the timing of definite movements to vary vastly from the consequences mentioned or implied within the ahead-searching statements. for this reason, no ahead-looking observation can also be certain. essential elements to agree with in evaluating such forward-searching statements include uncertainty that demand for our services will enhance and other aggressive market factors, changes in Interliant's enterprise strategy or an lack of ability to execute Interliant's strategy because of unanticipated changes in its business, its industry or the financial system in prevalent, unexpected difficulties in integrating acquisitions and different elements set forth more thoroughly in Interliant's Annual document on kind 10-ok for the fiscal year ended December 31, 2001, and other filings with the Securities and exchange fee. It is not viable to foresee or determine all elements affecting Interliant's forward-searching statements and traders hence should no longer trust any listing of factors affecting Interliant's forward-looking statements to be an exhaustive remark of hazards, uncertainties or probably inaccurate assumptions. Interliant doesn't have a policy of updating or revising forward-searching statements, and as a result it would not be assumed that Interliant's silence over time ability that exact events are bearing out as expressed or implied in such ahead-looking statements.Interliant, Inc. John Whiteside (703) 762-1756
this article is part of a CNET special document on the thirtieth anniversary of the Macintosh, looking at the beginnings of Apple's landmark laptop and its influence over the ultimate three decades.
as the Macintosh became going through its painful construction system in California, Mitch Kapor turned into sitting on correct of the area. In 1982, after a stint with VisiCorp, makers of the first spreadsheet, he co-headquartered Lotus construction, which created 1-2-three, a spreadsheet application for the notebook that without delay grew to become the market chief.
Lotus shipped 1-2-3 in January 1983 for $495, and by means of yr's end the enterprise had booked an excellent $53 million in income.
Kapor heard rumblings about Apple's secret mission and changed into inquisitive about what Steve Jobs could do to compete with the IBM workstation.
"There changed into loads of mystique about Apple even then, and about Steve Jobs. The mystique went all the method lower back to the starting to the Apple II period," Kapor talked about. "He was all the time a showman. It become clear that the Lisa was out, and turned into not surroundings the world on fire. It turned into really wonderful, however become costly and it didn't function all that well. there have been all these rumors swirling about what Steve became engaged on. Of direction, i used to be on the East Coast, and there turned into no web. You need to remind individuals. news traveled slowly, no longer instantaneously."
Mike Boich, Apple's evangelist targeting utility developers in hopes of convincing them to create purposes for the Macintosh, came over Kapor in Cambridge, Mass. "We had a very bizarre and disjointed conversation, because we wanted to port 1-2-three to the Mac," he said. "He changed into making an attempt to lead us within the direction of doing some other type of product for it, like a private finance something. In my young and naive approaches, i was mystified by using that. I observed, 'smartly, this isn't very unique to us.'"
Kapor later discovered that Lotus rival Microsoft had an unique contract to convey its Multiplan spreadsheet to the Mac. "That reality become no longer disclosed and that's the reason why Mike Boich become discouraging to us, and he became embarrassed or became complex," he stated. "It changed into invoice [Gates] being brilliantly strategic again, cutting us out from being there early, so 10 aspects to Gryffindor on that."Mitchell Kapor Dan Farber
Boich verified that Microsoft had a unique relationship with Apple. "Our normal deal with Microsoft had a couple of provisions. One changed into that Apple had the alternative to publish their apps (Multiplan, word, and a Chart application), and some americans felt that we should bundle them with every Mac," he noted. "2d, the pre-unencumber entry to prototype Macs and SDKs Microsoft and a few other builders loved wasn't supposed to be granted to developers who had been doing apps competitive with theirs. In return, they were making a substantial investment in the Mac.
"I could not reveal Microsoft's plans to Mitch, however I felt that even though I might help a port of 1-2-3, they would be more than a year in the back of Microsoft, and would deserve to absolutely rethink the consumer interface, which turned into very similar to Visicalc's. Plus they can be competing towards a bundled product or an Apple-branded product. So I found myself within the abnormal position of encouraging them to do a private finance app."
regardless of being aced out via Microsoft, Kapor participated in a "courting game" skit, playing off the standard tv video game exhibit, as part of Apple's annual income conference in Hawaii in October 1983. With a beaming 28-yr-historical Jobs because the host, Microsoft's bill Gates, software Publishing's Fred Gibbons and Kapor answered questions, comparable to "When became your first date with the Macintosh" and "what is your premier relationship with Apple?" Gates predicted that Microsoft would get half its revenues from Macintosh application earnings in 1984.
Lotus didn't have a product to ship when the Macintosh became unveiled in January 1984, but spent millions of greenbacks developing an integrated suite of applications known as Jazz that at last shipped in 1985. "It took longer than it'll have. It certainly not definitely worked," Kapor talked about. "It changed into simply asking too a whole lot of the Mac. It became overly bold, and it had bugs in it. We spent a fortune on advertising, including television promoting, which become probably the most worst company selections I ever made. It turned into similar to atmosphere fire to bales of hundred-dollar bills.magazine commercial for Lotus Jazz in 1985. Ebay screenshot
"Jazz changed into a bomb. That changed into also the low aspect of Mac revenue. americans had simply written it off. We had been doing business products, and a spreadsheet changed into an business product. The Mac in 1985 and the enterprise changed into a complete nonstarter. Lotus's efforts across the Mac were pathetically unsuccessful, which is gloomy."
Lotus tried to observe up Jazz with an replace, contemporary Jazz, after which a Mac edition of 1-2-3, but by using that time Microsoft has sewn up the spreadsheet market with its observe-on to Multiplan, Excel.
"I suppose the Mac, as I appear lower back on it, the place it intersected what i used to be doing on the time, had strengths in distinctive areas than Lotus. I mechanically didn't remember essential and straightforward would have been a higher product strategy for Lotus."
whereas Lotus failed to trip the Macintosh wave, Kapor -- who went on to co-discovered the digital Frontier foundation and chair the Mozilla foundation -- appreciates how the pleasant Apple laptop modified perceptions about very own know-how.
"It set the tone for a buyer information expertise product that was about elegance and simplicity, and aesthetics. In hindsight, we may see it changed into in general selling the promise," Kapor said. "on the time, as a result of i used to be so in the geek world, it actually appeared like this was it. Now, when you look where issues have gotten in 30 years, you go, 'Oh, it just had the style.' I think or not it's one among Steve's incredible creations. As a cultural artifact, individuals are going to be speaking about it for hundreds of years. this is part of its legacy."
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Nuria Simo was a CIO at Airbus, Royal FrieslandCampina, and Campofrio Food Group for nine years prior to joining the Inter-American Development Bank (IDB) as CIO in May of 2014. It was a bit of a left turn for a career spent entirely in the private sector. With IDB, she saw an opportunity to do good while doing interesting and innovative work.
IDB was established in 1959, and it is the largest source of development financing for Latin America and the Caribbean.
The IT department that Simo found when she arrived was in need of a reputation change, going from "traditional IT" to unleashing a culture of innovation to benefit the organization and its constituents. She established a TechLab to accelerate innovation and to generate new solutions for the institution’s international development projects that aim to reduce poverty and inequality in Latin America and the Caribbean. Now her team is experimenting with blockchain and quantum computing, among other innovative topics. She describes the transformation in this interview.
High: In the past year, you started an innovation lab, TechLab. What was the rationale for doing so?credit: IDB
Simo: Over the last few years, there had been a growing demand from our clients to expand our ability to research and explore how technology can be used in the Bank’s lending projects. Our teams in the business side of operations wanted to include new technologies, but they couldn’t do it by themselves.
Establishing the TechLab has enabled us to test and iterate ideas in shorter periods of time, and it allows us to explore technologies to which teams wouldn’t have access otherwise.
Our TechLab is now a driving force that has exposed our department’s skills and expertise bank-wide. Today, we are excited to serve as trusted advisors when it comes to emerging technologies. We have services and frameworks in place to work side by side with business operations and support them in any project they have in the region.
High: How did you staff the innovation lab?
Simo: We looked for people with the different skill sets and knowledge of new technologies that are important in any innovation lab. However, we valued work style and attitude above all else. We needed people that, besides having the capability to understand the needs of the projects, enjoy showing new technologies to their colleagues, prototyping solutions with them, and collaborate in every sense of the word, which, in my opinion, is the critical factor for success.
High: How do you determine the innovation lab's focus?
Simo: Naturally, the needs come from the business areas, so it is demand driven. We studied and explored the technology trends in our region, evaluated the top technologies that can have the greatest impact in our countries or projects, and that is what we focus on, while making sure we keep our eyes open for what’s yet to come.
Some important lessons that we’ve learned along the way:
High: You have jumped into blockchain. What has been your use case, and what value have you derived from it?
Simo: In general, the value that blockchain technology provides in digital solutions is an increase in transparency and decentralization of information that result in greater confidence, while guaranteeing privacy. During the last 2 years, we have been supporting several use cases in academic certifications, customs, digital currency, digital identity and social impact bonds, among others.
Some of these initiatives have been: Proyecto Cadena (Spanish for chain), which focuses on safe and efficient exchange of information between customs; the ongoing project in Barrio 31, Argentina, for the creation of digital identity and digital wallets that allow banking for people without access to the financial system; and an internal proof of concept for carrying out cross-border payments.
Also, along with IDB Lab, we have been working on LACChain, a regional program that has recently been approved by our Donor’s Committee. LACChain is focused on the development of the blockchain ecosystem in Latin America and the Caribbean. The program aims to accelerate and guide blockchain technology implementation by serving as a foundation for applications that can maximize the technology's positive impact on poor and vulnerable populations as well as to reduce the gender gap.
High:You have also gotten involved in quantum computing. What has been your focus there, and what value do you anticipate deriving from quantum?
Simo: In this early stage of quantum technologies our main focus has been on security and encryption issues. However, we are also studying the potential impact that not only quantum computing and quantum cryptography might have, but also other quantum technologies will have in areas like medicine, finance, education, transportation and energy, among others.
Regarding cybersecurity, we want to be proactive and not reactive to the possible paradigm shift with respect to new computational capacities and the current encryption mechanisms that can affect the security and privacy of the citizens of Latin America and the Caribbean.
We do not know what the size of the quantum industry will be in the future. We must be ready so the region can have an industry and a voice that allows it to participate in this revolution, so the Region is not left behind in this new technological era.
High: What other trends excite you and why?
Simo: Artificial intelligence, robotics and all the possibilities with 5G.
I believe that all these technologies will change our day to day in multiple fields, making things that look like science fiction today, a reality tomorrow. The potential of hyperconnectivity, in the case of 5G and artificial intelligence, is endless and will lead to an immense era of innovation in products, services and applications for all our industries, including education, health, law, transportation; as well as in our own homes.
Peter High is President of Metis Strategy, a business and IT advisory firm. His latest book is Implementing World Class IT Strategy. He is also the author of World Class IT: Why Businesses Succeed When IT Triumphs. Peter moderates the Forum on World Class IT podcast series. He speaks at conferences around the world. Follow him on Twitter @PeterAHigh.
NASSAU, Bahamas--(BUSINESS WIRE)--With a $15M USD funding commitment, Templeton World Charity Foundation launched a first-of-its-kind initiative in 2018 to promote character strengths worldwide. The Foundation is excited to announce approval of 14 projects in Round 1 of Global Innovations for Character Development (GICD). These projects will evaluate and promote character strengths: learned and learnable attributes, skills, or habits that enable individuals to lead more prosperous lives. Approved projects include innovations in 16 countries across five continents.
Each project seeks to produce scientifically tested interventions for specific character strengths — empathy, gratitude, forgiveness, hope, trust, and local virtues like the East African concept utu (“shared humanity”). Outputs will include educational programs, films, workshops, academic publications, and new evaluation tools. Over the next five years, the Foundation will continue growing its portfolio of scientific innovations that promote the development and measurement of character strengths in diverse contexts worldwide.
In 2018, Templeton World Charity Foundation received 164 GICD grant applications from 55 countries. Building on this enthusiastic response, the Foundation is issuing a new request for proposals in 2019. This second round will fund up to 12 proof-of-concept awards of up to $234,000 USD to proposals that develop innovative approaches to fostering specific character strengths and tools for measuring them in context. It will also offer an award of up to $1M to scale up a character development innovation. Successful proposals will demonstrate a clear path to generating impact on individuals through changes in the knowledge, awareness, and practice of character strengths. They must include a rigorous evaluation methodology.
The Foundation’s president, Andrew Serazin, says, “GICD is a radical step forward in empowering researchers worldwide to seek funding for their best ideas. A recent report on global philanthropy indicates almost 90% of funds are channeled through an intermediary. We fund researchers in low- and middle-income countries directly, building local capacity and giving control to local researchers in diverse contexts.”
About Templeton World Charity Foundation
Since 1996, Templeton World Charity Foundation has served as a global philanthropic catalyst for discoveries about big questions of the universe in areas at the intersection of science, theology, philosophy, and society. Founded by Sir John Templeton in Nassau (Bahamas), it fosters ambitious thinking and creative communications on diverse topics.
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