As another week comes to an end, there’s more than a few bright ideas to look forward to in the coming months and years. Here are a few posts we’ve come across recently which should give that new startup dream of yours a boost:
In a similar move to Google’s recent morphing into Alphabet – HP has split into 2 separate companies. HP Inc remains as their printing and computer devices business, whilst Hewlett Packard Enterprise (HPE) positions itself as a new force in enterprise IT (from servers and storage to networking and SaaS).
Author Alex Scroxton interviews HPE UK and Ireland’s SVP, Andy Isherwood, who calls it good news – allowing them to focus their energies on a more nimble and agile business. “We’re coming in on Monday with a new brand, a new company, a new office, everything is new,” says Isherwood, “and we’ve got to go and question everything that has been done in the past, every single process, and every single customer engagement.”
HP has certainly come a long way since two college mates formed one of the world’s greatest organisations in a rented garage. Last month in Linkibuzz, we wrote up an inspiring story about Hewlett Packard and how tenacity and keeping up with technology helped them survive nearly 80 years of societal change. And, now, as of midnight on the 2nd of November, 2015, HP has made another significant shot across the bow. Good on them.
This post debunks 5 elements which are usually perceived as necessities to starting up a business, when in fact they are all disputable. Reporter Ian Morris dispels the myths by explaining:
- With alternative funding streams increasing, you don’t always have to take on an investor and give up equity in order to get it done.
- You want to trim down your aspirations a bit when it comes to a location – working from home or at least off the main roads can save you a big pot of money.
- Another point is to watch your spending when it comes to marketing. Put a new slant on the ‘old school’ approach of reaching out to friends (and important contacts) by using social media to build your fan base.
- Do utilise patents and trademarks, but otherwise don’t ‘hide your light under a bushel.’ Bring up your business idea in every conversation; connecting with like minds will keep the message going.
- Don’t preplan your exit, and stick with a sustainable business model – you never know where it will take you.
While we’re on the subject of assumptions, check out Linkilaw’s recent post: 14 Common Misconceptions About Setting Up A Startup
Author James Vincent describes how this level of monitoring has not only been previously rejected in the UK, but that it has been banned in the U.S., Canada and every other European nation. Supporters of the new Bill profess it is a watered down version of the prior ‘snooper’s charter’ attempt, while protesters for privacy are calling it more intrusive than its predecessor.
The draft Investigatory Powers Bill would formalise when and how the government can monitor your communications. The home secretary’s approval (and that of a judge) would be required, unless a perceived critical need to access the information (such as when a life is endangered). Accessibility could be given to security services, police and tax collectors.
As to the data allowed to be stored with the new legislation, only the web address and IP of your computer, along with time of visit, are kept – without any details of pages browsed on that site. Additionally, IPs of other computers you contact would be added to the historical data.
Trusting that the inherent risks are worth taking in order to fight terrorism, there are a couple things (at least) to be considered:
- Once a restriction of some kind is put into place, it will almost always follow that someone will quickly use their brains or brawn to create a distraction or diversion from its intention.
- In this day and age, it’s a lot easier to track people’s movement than meets the eye. When you take into account that it takes a mere 4 spacio-temporal points (such as different calls or texts from varied places) to identify one person’s movements from another – it shines a slightly more intimidating light upon the purpose.
Mark Middleton with Royal Bank of Scotland outlines 6 ways technological trends are “constantly shaping businesses, with each innovation further propelling enterprise and changing the way we work.”
- The Internet of Things (IoT) connected to the web could exceed 50 billion by the time 2020 rolls around. Just think about that for a minute – we’re talking only another four years (and one month) from now.
- Financial technology in the UK is already worth £20bn in annual revenues. Our entrepreneurs are the cutting edge in new advancements in the fintech field – definitely one to watch.
- Wearable technology has jumped ahead of merely useful – all the way to well-being and diagnostic monitoring.
- Virtual reality has huge potential in the workplace; newer clunky-looking headsets are trending as boom boxes connecting global networks. They’ll become more refined in short order. Apple has already come up with a hand-controlled system that doesn’t need VR glasses.
- Privacy is more at risk as our connectivity increases. Cyber security is a priority and will spur on tech startups to solve these problems.
- Connectivity will need to improve, a lot. We’ve come a long way since dial up, but shared bandwidth is an issue and wireless will need to get ahead of us.
This week, Linkilaw explored this new interest banks are showing – including the incubating of new startups to further the cause of economic growth, not to mention future customer relationships.