Can digitization accelerate closing the world’s gender gap?

It will take approximately 170 years to close the world’s gender gap, according to The World Economic Forum’s latest gender gap report. While a lot can change in 170 years, including new developments to accelerate this process, a key focus is the adaptability of the labor market to the projected needs of the fastest-growing industries. For the next 20 years, this means adapting to the digital revolution that is currently taking place. Continue reading “Can digitization accelerate closing the world’s gender gap?”

Accelerating Ahead: 238 Miles

A key achievement was announced earlier this month when an American automaker unveiled the latest breakthrough electric car available for the masses. No, I am not talking about Tesla Motors but in fact the century-old Detroit-based General Motors. Continue reading “Accelerating Ahead: 238 Miles”

Accelerating Ahead: Self-Driving Cars

The past week marked an important stage on the road to fully autonomous self-driving cars. Elon Musk, Tesla’s Chairman and C.E.O. announced a significant upgrade to ‘Autopilot’, the car manufacturers’ driver’s assist software. Previously, the radar simply acted as a supplement to its primary camera and image processing system. The software upgrade, Version 8.0, will make use of more advanced signal processing to create a picture of the world using the car’s onboard radar.  Continue reading “Accelerating Ahead: Self-Driving Cars”

Battle for Online Supremacy: Amazon vs. Walmart

Online shopping is a key secular trend that is expected to become increasingly important for all retailers. Last week marked an important stage in the battle for e-commerce market share with Walmart’s $3.3 billion acquisition of Jet.com. Jet.com is a 2-year old start-up founded with the aim of taking on Jeff Bezos’ Amazon, the largest online retailer in the world and currently valued at around $360 billion.  Continue reading “Battle for Online Supremacy: Amazon vs. Walmart”

Seismic shift led by Google and Facebook

Last week marked an important moment for rankings of the top 5 largest U.S. companies by market capitalization. For the first time ever, the list now belongs exclusively to technology companies. At the summit is Apple with $561 billion in market capital. Completing the list is Alphabet (Google’s parent company), Microsoft, Amazon and Facebook. Continue reading “Seismic shift led by Google and Facebook”