New York (CNN Business) The coronavirus pandemic has forced everyone to get creative. Whether through Zoom meetings , online fitness classes or take-out cocktails , companies in nearly every industry are pivoting to get through the crisis. Some work-arounds have been especially creative, such as individual exercise "pods" to get people back into gyms. But beyond short-term fixes, many innovative new strategies and business models have emerged that are likely to stick, even as many jurisdictions begin to reopen in some capacity. In many cases, these transformations are thanks to the increased adoption of technology and the digitization of businesses. Many of these changes were underway pre-coronavirus; the pandemic has just accelerated them. "What's important to customers has changed," John Roese, Dell ( DELL ) Technologies chief technology officer , told CNN Business. "We've broken through a bunch of psychological or … [Read more...] about Here are some of the creative new business models and strategies that have come out of the coronavirus pandemic
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The machine learning boom is here, and it's only going to get bigger. When the pandemic decimated workforces and limited in-person interaction, artificial intelligence tools helped companies increase productivity. Industries such as hospitality , healthcare , and energy have all benefited from recent A.I. innovations, but there's more disruption on the horizon. I nstances of businesses using automated experiences are increasing, and automation is expected to grow in both the metaverse and in how companies pursue environmental, social, & governance (ESG) initiatives, according to Pranay Agrawal, co-founder and CEO of A.I. services and analytics provider Fractal. Here are three predictions from Agrawal on some of the next big steps for A.I. Customers will expect more from automation services. When the pandemic hit and businesses scrambled to adapt to a digital world, automation became much more commonplace in everyday life. People became used to seamlessly … [Read more...] about 3 Predictions for How A.I. Will Change Business Practices in the Near Future
Share to Twitter Share to Linkedin I t’s hard enough for women to raise venture capital; of the more than $300 billion deployed to startups last year, women received just $6 billion, or 2%. And women of color get an even smaller piece of the pie; last year, according to Crunchbase , Black women received 0.35% of all startup venture funding. Mindright founder Ashley Edwards, 31, knows this reality all too well. But she’s also managing to beat the odds: Today she’s announcing a $1.8 million seed round for her company, which provides mental health services to underserved teens via SMS text messaging. Investors like Melinda French Gates and Lifeforce Capital were attracted to the company in part due to its team of specially trained coaches who check in with youth daily to help them manage the challenges of both crises and everyday stressors. The SMS structure of the service, which helps eliminate technical and financial barriers to traditional mental … [Read more...] about Is This 31-Year-Old The First Black Woman In New Jersey To Raise More Than $1 Million?