Technology moves fast and doesn't wait for anyone. New digital innovations such as cloud computing have forced businesses to adapt quickly in order to keep up with innovation. Jason McDonald, U.S. President for Contino, a consulting firm helping brands adopt new tech, was with us to chat about how businesses are responding to rapid changes in technology.
McDonald breaks down the challenges for moving data to the cloud. He points out that 70% of digital transformation projects will fail in 2018, according to a recent study. The key failure is not bringing the right personnel into the system, he says. McDonald names the healthcare sector as a laggard because of moving regulations and calls out the government for being even farther behind.
It's hard for companies to ignore headlines around cybersecurity breaches. Contino is working to mitigate concerns about those threats and help businesses plan for the future. McDonald says it's less of a "software and tech" conversation, and more of a "people and process" conversation.
After Facebook and its family of platforms were down for nearly eight hours on Monday, other social media platforms like Snapchat saw a surge in usage. The social media platform already popular with teens saw a 20 percent jump in activity during Facebook's global outage.
Google's users will now have extensive greener options. The updated services across platforms will allow users to look for eco-friendly routes in Google Maps, book flights with low carbon emissions, and reduce energy usage at home with Nest thermostats.
The recent California oil spill has wreaked havoc on the shores of Huntington Beach as wildlife habitats and potentially some people have been exposed to the 140,000+ gallons of oil in the ocean. Cheddar News was joined by Dr. Deborah Bronsan, President of Deborah Bronson & Associates to learn more about the environmental dangers and how the area can recover from this tragedy.
Shares for Netflix ($NFLZ) surged on survey data that showed people still saw the streaming platform as offering the best content compared to its competitors. A report by investment banking company Cowen Inc. reported the findings, rating it an outperform, and expects Netflix to garner 3.6 million new subscribers in Q3.