A.I. reaches a new level

My colleagues have been using A.I. to increase productivity and engagement for a few years by now. However, ChatGPT brings it to a new level.

If you haven’t followed the news about A.I., this video might bring you up to speed. 🙂

  

#artificialintelligence #ai #chatgpt #nextrevolution #disruption #innovation #futureofsociety #opportunities #entrepreneurs #challenges #productivity #engagement

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Thought leadership in Engagement

Are you a thought leader, expert in engagement, customer centricity, transformation?

#engagement #future #customercentricity #clientcentric #transformation #change #innovation #consulting #managementconsulting #ey #pwc #accenture #bcg #mckinsey #interviews #expertinterviews #thoughtleaders #ingage #ingageinstitute #youtubechannel

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Are you embracing new ways of working?

  

– Copenhagen, 1999 : Starting at Ernst and Young Consulting!

 My first day as a very fresh consultant: nobody there to welcome and lead me in this new, intimidating adventure. But something blew my mind, on that day. I received 3 things: a laptop, a mobile phone and a corporate credit card so that I could work on projects in Oslo, London or Tokyo. Already back at that time, I discovered a seamless way of working.  

  

– Hong Kong, 2014 : Clients and video conference…

Fast-forward 15 years, I am the co-founder of an edtech startup in Hong Kong. Our team members are located in different countries around the world. We are a “digital-first” company and work together mostly online via video conferences.  

After a lot of effort, our team finally manages to line up meetings with one of the world’s most-known luxury watch companies as well as one of the largest insurance companies. We are very excited to present our innovative products to them! 

Their answer: “A video conference? No, this is absolutely impossible. We cannot and are not allowed to use video conferences with external companies! You need to fly in to our Headquarters in Switzerland” 

We still got many such answers until 2019.  

Then, something big happened and gave an incredible boost to digitisation…  

     

– May 18, 2022 : Radical change

Fanny Guinochet, a French journalist I appreciate, explains that 78% of executives (in France) are happy to work remotely. They even envision to work 100% remotely within the next 10 years. 10% of them even think that the “office” will fully disappear! 

Executives want to be autonomous, flexible and organise their day-to-day activities as they see fit. They also want to see purpose in their lives and work for companies that are socially responsible. These are also the values of a large group in our society: the Millennials! 

   

#innovation #disruption #newwaysofworking #climatechange #sustainability #Millennials #digitisation #entrepreneurship 

 
 

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What will be the impact of 5G and 6G on education?

What could be the impact of 5G and 6G on education in your company?

With 6G, the Internet of Things can reach its true potential, for example with cars communicating reliably with each other to coordinate the road traffic. Augmented Reality can also become part of our daily lives

This new technology can then make the Metaverse a normal tool for every day work and schools. We will be able to evolve seamlessly in virtual worlds and experience different scenarios to learn, to make mistakes and improve ourselves. 

  

This video gives an interesting overview of the evolution of wireless telecommunication networks, from 0G – yes it exists! – to 6G.  

For example, did you know that: 

  • Every 10 years, there is a new generation of wireless networks. Speed increases drastically and so does power consumption. 
  • 0G: that was for the very first “mobile” chunky and bulky phones. 
  • 1G: the first time that the general public could have mobiles phones. They were quite big, if you can remember… 🙂
  • 2G: do you remember your old Nokia phone? That’s the first time you could also send SMS. 
  • 3G: up to 50 times faster than 2G. Without 3G, no Uber or Instagram.
  • 4G: 50-500 times faster than 3G. 
  • 5G: forget the “loading” time. Your experience becomes seamless! However, 5G uses millimeter-waves. They are very small and can be easily blocked – by a wall or a tree for example. Therefore, you need more antennas/transmitters. 
  • 6G: is scheduled for 2030. It will be fast enough to download 100 hours of Netflix in one second! However the 6G waves will have to be even smaller than the 5G millimeter-waves. 

Large companies such as Samsung and Qualcomm strongly invest in new generations of wireless networks. Indeed, not only does it provide a better experience to users and open new applications, it also gives them an opportunity to sell new products. They were building 5G in 2013, 9 years ago!

Source: Mrwhosetheboss

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Low code, no code

Whether you are a manager or a developer in InsurTech, you might have heard about “low code” and “no code”. In any case, here is an article that you might find interesting:

“Low code is a development movement where time-consuming manual processes are automated, without hand coding, using a visual IDE environment, an automation that connects to backends and some kind of application lifestyle management system. The whole unit is called a “low code platform”

Read on at https://www.bmc.com/blogs/low-code-vs-no-code/

 

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How InsurTech is reshaping insurance

Opportunities await

Source: PwC

Insurance companies are very much aware of the FinTech revolution: 74% of respondents see FinTech innovations as a challenge for their industry. There is a good reason to believe that insurance is indeed heading down the path of disruptive innovation, whether it is the effect of an external factor, such as the rise of the sharing economy, or the ability to improve operations using artificial intelligence.

However, despite these emerging trends, a disconnect exists between the amount of disruption perceived and insurers’ willingness to invest to defend against and/or take advantage of the innovation: 43% of the industry players claim they have FinTech at the heart of their corporate strategies, but only 28% explore partnerships with FinTech companies and even less than 14% actively participate in ventures and/or incubator programs.

Incumbent insurers who are currently focused on catching up with their competitors around customer centricity and other current trends are missing the opportunity to become proactive. They need to create a clear and consistent message that will demonstrate their willingness to play in the new InsurTech space and act accordingly – only such an approach will position incumbents to be frontrunners in the new insurance era.

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Financial industry decision makers

Monthly gathering in Zurich

Like every month, some of our team members participate to the gathering of leading decision makers for the financial industry in Switzerland to exchange on key topics that the industry faces.

 

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