recentpopularlog in

jerryking : software   125

« earlier  
Skeuomorphs: our little digital helpers
February 27, 2019 | Financial Times | by Lucy Watson.

Skeuomorphs are design elements that mimic older, precursor objects. They crop up everywhere, but especially in software interfaces: consider the shutter-release sound of a digital camera or the original yellow legal pad of an iPhone Notes app, or the Windows MP3 player that looked like an amp and speakers. Interactive icons that are shaded to look like 3D buttons, floating above your home screen, are a minimalist species of skeuomorph......On the iPhone, skeuomorphs acted as a guide for users unfamiliar with touchscreens: the bulbous shading of an icon meant it could be pressed, a representation of a leather-bound Filofax was where phone numbers were kept, and so on. These visual elements act as little markers of a shift in our development: they were designed to make the devices that they populated look as if they had one foot in the pre-digital era (i.e. analog). Which is almost a lifetime ago.....Yet for all Apple’s efforts to fetishise the immaculately virtual, the smartphone is still a physical object that demands some haptic interaction — even if it’s just a swipe.....In order to create a more watertight device, the home button had been replaced by a dimple. It cannot be depressed as a button would, but a vibrating motor within the phone called a “taptic engine” recreates the physical feedback a button would provide. It’s another type of skeuomorph: an electronic interface given the familiar feel of a mechanical component
skeuomorphs  design  GUI  icons  iPhone  millennials  software  analogies  haptics  senses  prompts  cues  digital_cameras 
february 2019 by jerryking
Opinion | Abolish Billionaires - The New York Times
By Farhad Manjoo
Opinion Columnist

Feb. 6, 2019

A radical idea is gaining adherents on the left. It’s the perfect way to blunt tech-driven inequality.
Alexandria_Ocasio-Cortez  Anand_Giridharadas  artificial_intelligence  capital_accumulation  digital_economy  Farhad_Manjoo  income_distribution  income_inequality  moguls  network_effects  rhetoric  software  superstars  winner-take-all 
february 2019 by jerryking
Constellation Software may have to revisit its retreat into silence - The Globe and Mail
DAVID MILSTEAD
PUBLISHED 2 DAYS AGO
UPDATED 2 DAYS AGOFOR SUBSCRIBERS

So far this year, less has been more for Constellation Software Inc.

Less communication, as chief executive Mark Leonard has decided to abandon his regular shareholders' letters, and his company has ended quarterly earnings conference calls and announced it will no longer reveal certain performance metrics.
dealmakers  software  mergers_&_acquisitions  consolidation  Ivey  alumni  Constellation 
august 2018 by jerryking
Inside FreshDirect’s Big Bet to Win the Home-Delivery Fight - WSJ
By Jennifer Smith
July 18, 2018 5:30 a.m

Designed to keep food fresh longer and move it faster, FreshDirect’s 400,000 square-foot distribution centre is the online grocer’s multimillion-dollar bet on the fastest-growing sector in the grocery business, home-delivery. FreshDirect pioneered the e-commerce home-delivery market, and now with Amazon and big grocery chains like Kroger Co. piling on investments, companies are jockeying for position in a business that some believe is the future of supermarket sales.....FreshDirect's trucks now provide next-day delivery to customers across the New York-New Jersey, Philadelphia and Washington, D.C., metropolitan areas, with plans to expand into Boston next. The private company says it generated between $600 million and $700 million in annual revenue in 2017.

It declined to disclose the cost of the new facility, which was financed with the help of a $189 million investment round in 2016 led by J.P. Morgan Asset Management, direct funding and incentives from state and local governments......Amazon, Target Corp. and other large companies have invested hundreds of millions of dollars to expand food delivery and build out their grocery e-commerce operations. Supermarket chain owner Koninklijke Ahold Delhaize NV’s Peapod unit, the longest-running online grocery service in the U.S., has expanded to 24 markets and is investing in technology to cut its handling and delivery costs.

Walmart Inc. said this month that Jet.com, the online retailer it bought two years ago, will open a fulfillment center in the Bronx this fall to help roll out same- and next-day grocery deliveries in New York City.

The grocers are trying to solve one of the toughest problems in home delivery: Getting food to doorsteps in the same condition consumers would expect if they went to the store themselves. Delivering perishables is trickier than dropping off paper towels or dogfood. Fruit bruises, meat spoils, eggs break. ........FreshDirect’s logistic hurdles start well before delivery. It must get products from its suppliers to the building, process the food, then pick, pack and ship orders before the quality degrades.

That is why the new distribution centre has 15 different temperature zones. Tomatoes do best at about 55 degrees, but “chicken and meat like it to be just at 32 degrees... it gives more of shelf life to it,"....Software determines the most efficient route for each order, and tells workers which items to pick.....A big part of the facility [distribution centre] is ripping out tons and tons of operating costs out of the business.....The stakes in getting the technology right are high. FreshDirect is competing with grocery chains that often fill online orders through their stores, using a mix of staff and third-party services like Instacart Inc. So-called click-and-collect services, where consumers swing by to pick up their own orders, tend to have better margins because the retailer isn’t paying for last-mile delivery.....Online-only operations with centralized warehouses tend to be more efficient than logistics run out of stores, because they use fewer workers and can position goods for faster fulfillment.
algorithms  Amazon  big_bets  cold_storage  distribution_centres  distribution  e-commerce  food  FreshDirect  grocery  home-delivery  infrastructure  Kroger  logistics  perishables  retailers  software  supermarkets  Target  Wal-Mart  warehouses  fulfillment  same-day  piling_on  last_mile 
july 2018 by jerryking
Don Mal on the Relentless Pursuit of Making Your Numbers
JULY 7, 2017 | The New York Times | By ADAM BRYANT.

How have your parents influenced your leadership style?

I’ve learned a lot from my father, probably more about what not to do. I respect him and learned a lot about work ethic.

But my father was a bit more of an old-school entrepreneur, with less planning. I learned I needed to be much more organized. In anything I do now, I’m continuously planning, because you have to manage risk. You have to have a Plan B.

So what are your best questions?

To understand their work ethic, I do ask this question: Would you be willing to leave your family at Disneyland to do something that was really important for the company?

Some people have said no, and I haven’t hired them.....To me, it’s not so much a loyalty question. It’s more of just trying to understand their work ethic.....And it’s my sales thing. It’s the relentless pursuit of the number. And at some point it does matter. You have to make your numbers. Whether you’re a public or a private company, you’ve got to make your numbers. So you do whatever it takes, without doing anything wrong or unethical.....What career and life advice do you give to new college grads?

I think it’s important to remind people, especially in this millennial culture we have now, that life is not going to be handed to you. Whatever you want out of life, you’ve got to earn it.
salespeople  commitment  CEOs  software  no_excuses  Plan_B  risk-management  work_ethic  work_life_balance 
july 2017 by jerryking
As Goldman Embraces Automation, Even the Masters of the Universe Are Threatened
February 7, 2017 | MIT Technology Review | by Nanette Byrnes.

Automated trading programs have taken over cash equities trading function at Goldman Sachs. A job that once employed 600 people in 2000, is now in 2017 being done by 2 people, with the rest of the work, supported by 200 computer engineers. Marty Chavez, the company’s deputy chief financial officer and former chief information officer, explained all this to attendees at a symposium on computing’s impact on economic activity held by Harvard’s Institute for Applied Computational Science last month.....Chavez, who will become chief financial officer in April, says areas of trading like currencies and even parts of business lines like investment banking are moving in the same automated direction that equities have already traveled.....Complex trading algorithms, some with machine-learning capabilities, first replaced trades where the price of what’s being sold was easy to determine on the market, including the stocks traded by Goldman’s old 600.

Now areas of trading like currencies and futures, which are not traded on a stock exchange like the New York Stock Exchange but rather have prices that fluctuate, are coming in for more automation as well. To execute these trades, algorithms are being designed to emulate as closely as possible what a human trader would do,.....Goldman’s new consumer lending platform, Marcus, aimed at consolidation of credit card balances, is entirely run by software, with no human intervention, Chavez said. It was nurtured like a small startup within the firm and launched in just 12 months,
automation  Goldman_Sachs  Martin_Chavez  CFOs  CIOs  risk-assessment  platforms  human_intervention  Marcus  software  algorithms  machine_learning  job_displacement 
february 2017 by jerryking
Silicon Valley Stumbles in World Beyond Software
DEC. 6, 2016 | WSJ | BY JACK NICAS

In software, programmers can control their environment. The physical world is messy and unpredictable. Even the smartest computers can’t prepare for every possibility. Add to that the burden of public safety and regulation and it is easy to see why the tech industry hasn’t been able to replicate its success in the digital realm.

“The world is so unforgiving. You can’t just ask it to be more organized,” said Astro Teller, the ponytailed chief of X, Alphabet’s research lab that has investigated—and decided against—space elevators and jetpacks.

Moreover, digital progress is rapid, because computing power increases dramatically over time and software can be replicated endlessly. In the physical world, advances are constrained by physics.
physics  analog  Google  drones  challenges  cyberphysical  Silicon_Valley  software  meat_space  moonshots  Amazon  physical_world 
december 2016 by jerryking
Goldman Sachs Has Started Giving Away Its Most Valuable Software - WSJ
By JUSTIN BAER
Sept. 7, 2016

Securities DataBase, or SecDB, the system remains Goldman’s prime tool for measuring risk and analyzing the prices of securities, and it calculates 23 billion prices across 2.8 million positions daily. It has played a crucial role in many of the seminal moments of the firm’s recent history, including its controversial trading just ahead of the financial crisis.....There is perhaps no better sign of the changes that have engulfed Wall Street than this: Goldman has recently started giving clients the tools that made it a trading powerhouse, for free.

The firm’s motives aren’t altruistic; rather, many of the edges that once made Goldman’s traders feared and admired have been blunted. New rules have limited banks’ trading risks, and made it costly to hold large inventories of stocks and bonds on their books. And electronic trading has squeezed margins, dimming the clamor of trading floors across Wall Street....Traders and executives tap into SecDB to inform how to price securities, and how the value of those assets may change with a twist on the dial on any one of thousands of potential variables. That information can be used to analyze potential trades—and then to monitor the risks posed by those positions.

What made it the envy of Wall Street, though, was its ability to scale up to include new classes of securities, new trading desks, even whole businesses. And the data it harnessed was all in one place.
Wall_Street  Goldman_Sachs  tools  traders  risk-management  informational_advantages  software  free  databases  platforms  CIOs  proprietary  slight_edge  Aladdin  Martin_Chavez  scaling  SecDB  seminal_moments  asset_values  scenario-planning  stress-tests 
september 2016 by jerryking
G.E., the 124-Year-Old Software Start-Up - The New York Times
By STEVE LOHRAUG. 27, 2016
Continue reading the main storyShare This Page
Share
Tweet
Pin
Email
More
software  predictive_maintenance  paranoia  Jeffrey_Immelt  GE  analytics  Industrial_Internet 
august 2016 by jerryking
Inside the mind of a venture capitalist | McKinsey & Company
August 2016 | McK | Steve Jurvetson is a partner at Draper Fisher Jurvetson. Michael Chui,
(1) entrepreneurs who have infectious enthusiasm.
(2) sector of the economy believed to be experiencing rapid growth/ massive disruptive change.
(3) wide range of industries, from synthetic biology to rockets to electric cars to a variety of sectors that weren’t ripe for venture investment in prior decades but now are becoming software businesses.
(4) attributes and people somewhat similar to what I look for in the team at work: enough self-confidence to be humble about what it’s proposing and respect for the team over individuals
How should large companies respond? The large companies that are most exciting to me are the ones that innovate outside their core. big companies need to innovate outside their core businesses. The biggest start-up: Space.
Steve_Jurvetson  McKinsey  DFJ  venture_capital  teams  vc  disruption  space  large_companies  software  core_businesses  Moore's_Law  machine_learning  passions  Elon_Musk  accelerated_lifecycles  space_travel  innovation  self-confidence  humility 
august 2016 by jerryking
This Tech Bubble Is Bursting - WSJ
May 2, 2016 | WSJ | By CHRISTOPHER MIMS

ALEJANDRO AGHAYAN May 3, 2016
It's essentially impossible to compute the intrinsic value of a company in a zero percent interest environment.
Flag ButtonShare6
start_ups  valuations  bubbles  Silicon_Valley  technology  software  intrinsic_value  Christopher_Mims 
july 2016 by jerryking
'Stigma' against sales jobs hinders Canadian companies' growth - The Globe and Mail
BEN FIRMAN
Contributed to The Globe and Mail
Published Monday, Jun. 20, 2016

Canada’s technology and innovation sector feels the negative impact of this problem more acutely than any other. As a nation we have a wealth of established and emerging technology firms that are developing amazing innovations, but the two biggest barriers to growth are a lack of investor capital and sales talent. The two are inextricably linked and one will typically reinforce the other. These critical barriers to growth precipitate the failure of many Canadian technology ventures and often see our success stories refocus their operations south of the border. Furthermore, it is not uncommon for Canadian technology ventures to sell at an early stage, perhaps prematurely due to a lack of strategic sales leadership and the necessary sales talent pool that would be needed to take their venture to the next stage.
Kitchener-Waterloo  start_ups  selling  sales  sellout_culture  software  stigmatization  salespeople  talent_pools 
june 2016 by jerryking
Software as Weaponry in a Computer-Connected World - The New York Times
JUNE 7, 2016 | NYT | By NICOLE PERLROTH.

On average, there are 15 to 50 defects per 1,000 lines of code in delivered software, according to Steve McConnell, the author of “Code Complete.” Today, most of the applications we rely on — Google Chrome, Microsoft, Firefox and Android — contain millions of lines of code. And the complexity of technology is increasing, and with it the potential for defects.

The motivation to find exploitable defects in widely used code has never been higher. Governments big and small are stockpiling vulnerabilities and exploits in hardware, software, applications, algorithms and even security defenses like firewalls and antivirus software.

They are using these holes to monitor their perceived enemies, and many governments are storing them for a rainy day, when they might just have to drop a payload that disrupts or degrades an adversary’s transportation, energy or financial system.

They are willing to pay anyone who can find and exploit these weaknesses top dollar to hand them over, and never speak a word to the companies whose programmers inadvertently wrote them into software in the first place.
adversaries  software  hackers  books  coding  vulnerabilities  exploits  software_bugs  bounties  black_markets  arms_race  cyber_warfare  cyber_security  Stuxnet  espionage  Iran  security_&_intelligence  malware  cyberweapons  weaponry  stockpiles  financial_system 
june 2016 by jerryking
To Write Better Code, Read Virginia Woolf - The New York Times
By J. BRADFORD HIPPSMAY 21, 2016
Continue reading the main storyShare This Page
Share
Tweet
Email
More
software  coding  liberal_arts  humanities  software_development 
may 2016 by jerryking
Computing Beyond Moore’s Law - The CIO Report - WSJ
Apr 8, 2016 GUEST VOICES
Computing Beyond Moore’s Law
ARTICLE
COMMENTS (3)
CHIPS
INTEL
MOORE'S LAW
14
By IRVING WLADAWSKY-BERGER
Moore's_Law  software  evolution  cloud_computing  Marc_Andreessen  Irving_Wladawsky-Berger 
april 2016 by jerryking
Microsoft banks on bots to restore company’s mobile relevance - The Globe and Mail
SHANE DINGMAN - TECHNOLOGY REPORTER
The Globe and Mail
Published Wednesday, Mar. 30, 2016

Mr. Nadella to describe how bots and machine learning tools are going to create a new “distributed computing fabric” that will vault Microsoft back into relevance on mobile platforms that are built and owned by rivals at Apple and Google. The theory is that if the App Store is owned by the phone makers, you go around the store with bots that live inside other popular mobile services....Everyone from Facebook and Slack to Amazon and Google are already vying to build the best hosts for these new bot services. Canadian messaging company Kik is among those making major investments in this bot-driven future that foresees commands to semi-artificially intelligent interactive chatbots expanding into everything from physical commerce (buying stuff at a shop with your phone, essentially) to controlling Internet of Things devices (texting your coffee machine to make an espresso). Microsoft showed off similar concepts on Wednesday, including a cupcake shopbot and a Domino’s Pizza bot that can deliver food to your location.
bots  Microsoft  platforms  Kik  CEOs  Satya_Nadella  distributed_computing  machine_learning  Azure  cloud_computing  software  intelligent_agents  chatbots 
march 2016 by jerryking
Software development kit - Wikipedia, the free encyclopedia
A software development kit (SDK or "devkit") is typically a set of software development tools that allows the creation of applications for a certain software package, software framework, hardware platform, computer system, video game console, operating system, or similar development platform. To create applications you have to download this software development kit. For example, if you want to create an Android app you require an SDK with java programming, for iOS apps you require an iOS SDK with swift language, and to develop MS Windows apps you require the .net language. There are also SDKs that are installed in apps to provide analytics and data about activity. Prominent examples include Google and Facebook.
Wikipedia  definitions  software  tools  software_development  proprietary 
october 2015 by jerryking
As Tech Booms, Workers Turn to Coding for Career Change - The New York Times
By STEVE LOHR JULY 28, 2015

Whether the on-ramp proves to be a lasting pathway to high pay and stimulating work remains to be seen. The boom-to-bust cycles in the tech business can be wrenching, like the last downturn in the early 2000s after the dot-com bubble burst. Nearly everyone in the industry was hit. Yet software development and engineering jobs held up better than ones in finance, marketing, sales and administration.

For now, at least, it is a seller’s market for those who can master new technology tools for lowering a business’s costs, reaching its customers and automating decision-making — notably, cloud computing, mobile apps and data analytics.

Companies cannot hire fast enough. Glassdoor, an employment site, lists more than 7,300 openings for software engineers, ahead of job openings for nurses, who are chronically in short supply. For the smaller category of data scientists, there are more than 1,200 job openings. Demand is highest in San Francisco. Nationally, the average base salary for software engineers is $100,000, and $112,000 for data scientists.
coding  software  Steve_Lohr  software_developers  boom-to-bust  software_development  programming  career_paths 
july 2015 by jerryking
14-Year-Olds Code App That Cleans Up India’s Streets - WSJ
By JEFF ELDER
June 25, 2015

The Bangalore teens are among 43 girls and young women, on 10 teams from around the world, competing for $20,000 in seed funding. Wednesday, they pitched their apps, and business plans, to a panel of five female tech executives....The goal of the competition, now in its sixth year and organized by the education nonprofit Iridescent, is to spark interest in tech entrepreneurship among pre-college girls. Nearly half of the girls who participate, organizers say, intend to major in computer-related studies. Over the six years, more than 5,000 girls from more than 30 countries have taken part....Organizers asked the girls to create a mobile app that addresses local challenges. Finalists took on childhood obesity, sports concussions, drunken driving, and water waste as well as waste disposal.
coding  software  girls  mobile_applications  Silicon_Valley  entrepreneurship  STEM  Junior_Achievement 
june 2015 by jerryking
John Steele Gordon: The Little Miracle Spurring Inequality - WSJ
By JOHN STEELE GORDON
Updated June 2, 2014

Extreme leaps in innovation, like the invention of the microprocessor, bring with them staggering fortunes....The great growth of fortunes in recent decades is not a sinister development. Instead it is simply the inevitable result of an extraordinary technological innovation, the microprocessor, which Intel brought to market in 1971. Seven of the 10 largest fortunes in America today were built on this technology, as have been countless smaller ones. These new fortunes unavoidably result in wealth being more concentrated at the top.

But no one is poorer because Bill Gates , Larry Ellison , et al., are so much richer. These new fortunes came into existence only because the public wanted the products and services—and lower prices—that the microprocessor made possible. Anyone who has found his way home thanks to a GPS device or has contacted a child thanks to a cellphone appreciates the awesome power of the microprocessor. All of our lives have been enhanced and enriched by the technology.....technology opens up many new economic niches, and entrepreneurs rush to take advantage of the new opportunities....The Dutch exploited the new trade (with India and the East Indies) so successfully that the historian Simon Schama entitled his 1987 book on this period of Dutch history "The Embarrassment of Riches."...attempt to tax away new fortunes in the name of preventing inequality is certain to have adverse effects on further technology creation and niche exploitation by entrepreneurs—and harm job creation as a result. The reason is one of the laws of economics: Potential reward must equal the risk or the risk won't be taken.
Silicon_Valley  wealth_creation  innovation  income_distribution  income_inequality  productivity_payoffs  plutocracies  software  Thomas_Piketty  microprocessors  historians  history  entrepreneurship  books  Industrial_Revolution  Gilded_Age  Simon_Schama  Dutch  discontinuities  disequilibriums  adverse_selection 
march 2015 by jerryking
A Hard Turnaround for Software: Software Companies Caught in a Downward Spiral Find It Exceptionally Difficult to Escape. Yet a Determined Few Succeed
Summer 2002 |The McKinsey Quarterly By Blumling, Mark; Frick, Kevin A.; Meehan, William F.,, III

While executing a turnaround in any industry can be a difficult task, digging a software business ou...
category_killers  cost-cutting  downward_spirals  howto  increasing_returns_to_scale  McKinsey  software  switching_costs  turnarounds  winner-take-all 
january 2015 by jerryking
Cyber-warfare: Turning worm
Dec 13th 2014 || The Economist |

Timekeeper
Countdown to Zero Day: Stuxnet and the Launch of the World’s First Digital Weapon. By Kim Zetter. Crown; 433 pages; $25 and £20
cyber_warfare  Stuxnet  security_&_intelligence  books  malware  software  coding  exploits 
december 2014 by jerryking
Wealth Managers Enlist Spy Tools to Map Portfolios - NYTimes.com
AUG. 3, 2014 | NYT | QUENTIN HARDY.

Karen White, Addepar’s president and chief operating officer, says a typical customer has investments at five to 15 banks, stockbrokers or other investment custodians.

Addepar charges based on how much data it is reviewing. Ms. White said Addepar’s service typically started at $50,000, but can go well over $1 million, depending on the money and investment variables involved.

And in much the way Palantir seeks to find common espionage themes, like social connections and bomb-making techniques, among its data sources,[jk: traffic_analysis] Mr. Lonsdale has sought to reduce financial information to a dozen discrete parts, like price changes and what percentage of something a person holds.

As a computer system learns the behavior of a certain asset, it begins to build a database of probable relationships, like what a bond market crisis might mean for European equities. “A lot of computer science, machine learning, can be applied to that,” Mr. Lonsdale said. “There are lessons from Palantir about how to do this.”
wealth_management  software  valuations  Quentin_Hardy  Addepar  Palantir  money_management  social_connectivity  machine_learning  correlations  portfolio_management  investment_custodians  tools 
august 2014 by jerryking
From Andreessen, a Lesson in Corporate Finance - NYTimes.com
By WILLIAM ALDEN APRIL 17, 2014

In a series of tweets on Thursday, Mr. Andreessen offered a framework for thinking about technology valuations — relying on metrics that hard-nosed financiers tend not to consider.

3/Value of company X to acquirer Y often = Potential impact to acquirer Y's business -- which has a lot more to do with Y than X.

4/For example, in product businesses, you'll often hear term "attach rate" -- acquirer Y can attach company X's product to Y's sales engine.

5/Ex: I sell $20B of servers/year; I buy storage company X doing $100M revenue/year; & I can attach X's product to 20% of my server sales.

6/Ex cont'd: I can generate new $20B*20% = $4B/year of storage sales attached to my server business. X's standalone revenue is irrelevant.

7/Ex cont'd: So I can pay up for storage company X based on its projected impact on MY business, way beyond X's independent valuation.
Marc_Andreessen  Andreessen_Horowitz  corporate_finance  start_ups  valuations  standalone  frameworks  software  mergers_&_acquisitions  M&A 
june 2014 by jerryking
Unlocking Secrets, if Not Its Own Value
MAY 31, 2014 | NYTimes.com |By QUENTIN HARDY.

Founded in 2004, in part with $2 million from the CIA’s venture capital arm, Palantir makes software that has illuminated terror networks and figured out safe driving routes through a war-torn Baghdad. It has also tracked car thieves, helped in disaster recovery and traced salmonella outbreaks. United States attorneys deployed its technology against the hedge fund SAC Capital, which was also an early investor in the company....Palantir’s software has been used at JPMorgan Chase to spot cyberfraud and to sell foreclosed homes; at Bridgewater Associates to help figure out investments for its $157 billion under management, and at Hershey to increase chocolate profits. The technology is complex, but the premise is simple: The software consumes huge amounts of data — from local rainfall totals to bank transactions — mashes it together and makes conclusions based on those unlikely combinations. Where is a terrorist attack likely to occur? What is a bad financial bet?...As Palantir expands into offering services to the private sector — now perhaps 70 percent of its business — Mr. Karp’s worry is losing control of what happens with its software....“The thing Alex worries about the most is they have a culture that’s hard to sustain as it grows,” said Mr. Carville, the Democratic consultant. “I take walks around Stanford with him, and he talks about it: ‘If we become something besides Palantir, what are we?’ ”...Palantir’s founders started with an idea from PayPal. At one point, PayPal was losing the equivalent of 150 percent of its revenue to stolen credit card numbers. It figured out how computers could spot activity — like a flurry of payments to a brand new account — at a global scale. ...“The idea was to pick one bank, and the rest would follow,” Mr. Ovitz said. JPMorgan was the first. Much as Palantir figured out navigating Baghdad by analyzing recent roadside attacks, satellite images and moon phases, it derived home-sale prices by looking at school enrollments, employment trends and retail sales. Data that JPMorgan thought would take two years to integrate was put into action in eight days.

JPMorgan still uses Palantir for cybersecurity, fraud detection and other work, loading half a terabyte of data onto a Palantir system each day, according to a Palantir video. ...Government clients also struggle with a data explosion. “Everything becomes more difficult, the more crime becomes global, the more state actors are involved, the more trades there are around the globe,” said Preet Bharara, United States attorney for the Southern District of New York. “It’s malpractice to have records and not search them.” He has used Palantir for several cases, including the SAC investigation....Palantir is now Palo Alto’s biggest tenant after Stanford, occupying about 250,000 square feet in downtown buildings, which hold many of Palantir’s 1,500 employees. Contracts around the world have surged as everyone’s data increases in size and diversity.
Palantir  Silicon_Valley  CIA  security_&_intelligence  software  Michael_Ovitz  organizational_culture  massive_data_sets  Peter_Thiel  data  information_overload  cyber_security  fraud_detection  platforms  actionable_information  JPMorgan_Chase 
june 2014 by jerryking
Closing the gender gap in coding - The Globe and Mail
JOSH O'KANE
The Globe and Mail
Published Tuesday, May. 20 2014
coding  gender_gap  women  software 
may 2014 by jerryking
What kind of jobs do the software engineers who earn $500k per year do? - Quora
If you're a worker in a village who supplies said village with water, you are valuable to its people. There are two types of workers:

Type 1 worker: Grabs an empty bucket or two, goes to the sweet water lake, fills them up, comes back and makes twenty people happy. He gets to drink some of that water along the way, and once he gets back, takes some of the water home.

Type 2 worker: Disregards how much of a "fair share" of water he's getting. Instead of grabbing a bucket, grabs a shovel and a little cup, and disappears for a while. He's digging a stream from the lake towards the village. Often he disappoints people for having returned from weeks of work with an empty cup. But the elders in the village for some reason believe in him and want to keep him (and throw him a bone so that he doesn't starve for a little while). Some day, suddenly he shows up with a constantly flowing stream of water behind his back. He puts the Type 1 workers out of water delivery business. They'll have to go find a different activity and "team" to work with. Type 2 worker, depending on how much control they retained on that stream, get to own a good chunk of it. Because the village wants to acquire and integrate that stream, they compensate the ownership of Type 2 worker in that stream with on par ownership in the village itself, typically land or such.

News media observes the Type 2 worker and his unwillingness to part with his accumulated wealth in return for his added value for the village (often vesting on a schedule, also known as golden handcuffs); and spins it such that it looks as if another village tried to woo that worker but was met with unexpected resistance.

The resulting media impression, in the mind of Type 1 workers, feels like pay inequity (see the video at the bottom). This is because Type 1 workers expect equal rewards for equal time spent being loyal to the same village.
productivity  software  Quora  mindsets  value_creation  entrepreneurship  creating_valuable_content  uncharted_problems  unconventional_thinking  solutions  wealth_creation  variations  productivity_payoffs  scaling  thinking_big 
may 2014 by jerryking
Parental Opposition Fells inBloom Education-Software Firm - WSJ.com
By ELIZABETH DWOSKIN and LISA FLEISHER CONNECT
Updated April 21, 2014
education  software  analytics  students  data  schools 
april 2014 by jerryking
Top tips for porting an application to a computing infrastructure
22 May 2013| Software Sustainability Institute | By Mike Jackson
tips  software  porting  Waudware 
february 2014 by jerryking
The best tax software - and its pitfalls - The Globe and Mail
PAUL BRENT

Special to The Globe and Mail

Published Monday, Apr. 02 2012,
software  Canadian  taxes 
january 2014 by jerryking
In Search of the Next Big Thing
May 2013 | HBR | Adi Ignatius interviews Marc Andreessen.

Tries to find CEOs who are product innovators, have bandwidth and discipline to become CEO. It is hard to pair those skills if they do not reside in one person. It is easier to train an innovator to become CEO than to train a CEO to become an innovator. Andreessen is counter-intuitive: he went into venture capital precisely because the prior decade to his launch had been the worst decade in the industry's history. He believes in cycles and so thought that 2009 was a good time to launch Andreessen Horowitz... Take/Understand a long view....Build "fortresses"--a company so big, so powerful , so well defended that it can withstand the pressures of going public. Focus on the substance of what your company is all about. Be about the substance....companies that are built to be independent are the most attractive...generally companies need to have at least two years' worth of cash on the balance sheet in case your revenue goes to zero....takes sales and marketing seriously--lots of products are being sold and you need a way to get the word about your company into the public space...companies are worth investing in (it's value)only if its going to be an innovation factory for years to come....We are in the early phases of Andreessen's "Software is Eating the World" thesis....best of companies AH is looking at today are unbelievably good at analytics. Good at the feedback loop created by analyzing data and feeding those number sback into the process in real time, running a continuous improvement loop....The best founders are artists in their domain. They operate instinctively in their industry because they are in touch with every relevant data point. They‘re able to synthesize in their gut a tremendous amount of data—pulling together technology trends, their companies’ capabilities, their competitor's’ activities, market psychology, every conceivable aspect of how you run a company.
Marc_Andreessen  Andreessen_Horowitz  venture_capital  start_ups  vc  HBR  hedge_funds  SOX  IPOs  lean  analytics  lessons_learned  fingerspitzengefühl  contextual_intelligence  counterintuitive  specificity  long-term  software  virtuous_cycles  software_is_eating_the_world  pairs  skills  founders  product-orientated 
december 2013 by jerryking
The Boys from Bangalore: How my partners and I learned the lessons of outsourcing firsthand and still kept our jobs
Oct 29, 2004| Globe and Mail | By Doug Steiner.

Starting up businesses allows entrepreneurs to look at the cost of everything. A while back, my partners and I funded a start-up to build
an on-line...
Doug_Steiner  Outsourcing  India  software  software_developers 
september 2013 by jerryking
Jeff Bezos's Tool Kit for Washington Post - WSJ.com
August 6, 2013 | WSJ | By KEACH HAGEY and GREG BENSINGER

Jeff Bezos's Tool Kit for the Post
Amazon Founder Brings Skills in Data Gathering, Software, E-Commerce


Mr. Bezos bought the paper in a personal capacity, many media-industry experts expressed optimism that the Amazon.com Inc. AMZN -1.23% founder will be able to apply to the Post the same software development, data gathering and e-commerce chops—as well as his patient investment philosophy—that turned his company into a powerhouse.

"Building audience, personalizing the offering, and, certainly, monetization," those are the core competencies that Jeff Bezos and Amazon have developed,
newspapers  turnarounds  software  e-commerce  data  Jeff_Bezos  WaPo  strategic_patience  core_competencies 
august 2013 by jerryking
When Your First Company Is Working, but Another Is Beckoning - NYTimes.com
May 29, 2013 | NYT | By JULIE WEED.

Uptown Treehouse creates campaigns employing elements for Facebook, Twitter, LinkedIn, StumbleUpon and Outbrain. It helps companies introduce new products and initiatives.... While building Uptown Treehouse, Mr. Badshah and a programmer, Kevin Yu, created software that searches social media and other Web sources to generate sales leads, and that software has taken on a life of its own.

In fact, the lead-generation software was so effective that Mr. Badshah and Mr. Yu created a separate start-up, Socedo, to develop and sell the software.
start_ups  lead_generation  SaaS  software  entrepreneur  serial_entrepreneurship 
may 2013 by jerryking
Kirk McDonald: Sorry, College Grads, I Probably Won't Hire You - WSJ.com
May 9, 2013 | WSJ | By KIRK MCDONALD.

Sorry, College Grads, I Probably Won't Hire You
If you're at all interested in media, technology or related fields, please learn a little computer programming.
Colleges_&_Universities  hiring  career_paths  software  new_graduates  coding 
may 2013 by jerryking
Venture Firms Build Own Software to Gain an Edge - WSJ.com
May 22, 2013 | WSJ | By EVELYN M. RUSLI.

Sequoia is one of a growing number of Silicon Valley venture-capital firms now creating proprietary software to gain an edge in the increasingly competitive industry.

Some are creating apps to scout potential deals by aggregating data across the Web and their community of companies. Others are building software—like Grove, named after clusters of sequoia trees—to help grow companies they have already invested in.
venture_capital  vc  Sequoia  slight_edge  Silicon_Valley  mobile_applications  data_driven  trends  proprietary  software  internal_systems  investors 
may 2013 by jerryking
Software Is Feeding The World: Agriculture Startup Solum Raises $17M Led by Andreessen Horowitz | TechCrunch
Anthony Ha
Wednesday, June 27th, 2012 (Agri-Data)

“Solum’s platform enables farmers to correlate nutrient measurements and fertilizer application to actual yields, in a constantly improving feedback loop. Over time, the result for farmers should be a ‘virtuous circle’ of increasing crop yields driven by ever-smarter and environmentally sustainable use of fertilizer, water and other precious resources. In essence, Solum’s technology will provide the data to drive farmers’ new intelligent machines, and the software to manage their application on a large scale.”
Andreessen_Horowitz  funding  start_ups  agriculture  farming  Solum  software  virtuous_cycles 
february 2013 by jerryking
Once the Foot Is In the Door, Be Sure to Leave it Open
??| WSJ | Thomas Petzinger Jr.

Even perfect products demand salesmanship--and when bargaining gets tough, be prepared to quit the talks and walk away.
negotiations  large_companies  software  Boeing  salesmanship  manufacturers  B2B  bargaining  automation  Thomas_Petzinger  reservation_prices 
february 2013 by jerryking
The real cost of free software
Aug 2000 | Ziff Davis Smart Business for the New EconomyVol 13. lss. 8; pg. 50 | by Josh Smith.

Abstract (Summary)
Smith discusses the negative effects of free software. According to Mark Minasi, author of "The Software Conspiracy.” free giveaways are just an excuse to produce substandard software.
free  software  marketing  strategy  quality 
february 2013 by jerryking
« earlier      
per page:    204080120160

Copy this bookmark:





to read