Author: Peggy Smedley
With the rise of consumerization, products aim to create a more personalization experience for each user. In fact, McKinsey & Co., suggests 71% of consumers expect companies to deliver personalized interactions—and 76% get frustrated when this doesn’t happen. Let’s be honest, since the emergence of digitalization we are a society that expects products now, in every size, shape, and color. Companies that do deliver personalization will grow faster and drive 40% more revenue from personalization. Here’s the challenge: While delivering this, companies must also keep sustainability top of mind. In recent years we have seen a real focus by consumers…
For years, I have been espousing the need for standards in the smart home—something homebuyers desperately need if they are going to gain any sort of interoperability among all their appliances and devices. A smart home is truly only smart if devices can “talk” to each other to improve the functionality in the home such as temperature, lighting, and home theatre, just to name a few. Builders that want to remain competitive in today’s tight market must consider how home technologies fit into the building and sales equation—otherwise homebuyers are going to turn to the competitors who can provide the…
Roughly $27 billion in 2024 and $79 billion by 2029. That is the amount the AI (artificial intelligence) for IT operations is anticipated to grow. Peggy talks about the challenges and opportunities, pointing to a new report about 2024 predictions for advanced container technologies. She also discusses: · The performance portability paradigm shift and advanced containerization. · The rise of FAIR principles in modern AI research and the next leap in container security. · Her thoughts on what is to come in the year ahead for your business as it relates to artificial intelligence.
Elizabeth Rogers, partner, sub-group leader, privacy & cybersecurity, Michael Best, and Peggy Smedley talk about the legal standards for establishing a reasonable security program. She says one of the longest serving standards in the United States is the FTC act, section 5, that requires for providing a security program that is not deceptive and not unfair. Passed originally in 1914, the lawmakers weren’t thinking about cybersecurity, so today’s lawmakers had to establish a reasonable security program. They also discuss: · What regulators will be focusing on and how to create a reasonable security program. · The different new ways of…
Brian Turmail, vice president of public affairs and strategic initiatives, Associated General Contractors of America, and Peggy Smedley talk about the forecast for total construction starts for 2024 and workforce trends. He tells about the organization’s annual construction hiring and business outlook. They also discuss: · Which segments will remain strong in 2024. · If there is still a workforce shortage in construction—and trends for 2024. · The construction industry mental health crisis.
Walking the show floor at CES always points to the biggest trends in technology. It is always a good indicator of what is to come in the year ahead. Last year, we saw the continued rise of digital health, connected, cars, and smart homes, just to name a few. This year, much talk is squarely centered around AI (artificial intelligence), sustainability, and greater mobility, as people are returning to work and travel in droves, with eyes peeled on the future. It’s no surprise then some of the biggest announcements from this year’s show surround mobility and sustainability. A few examples…
AI (artificial intelligence) offers all kinds of benefits to the construction industry. Chiefly, being able to leverage data for predictive and prescriptive maintenance can help with many aspects of construction from preconstruction through to operations. Global Market Insights puts AI in construction growth predictions at 20% between 2023 and 2032. In comparison, Mordor Intelligence similarly suggests the AI in construction market is estimated at $3.99 billion in 2024 and is expected to reach $11.85 billion by 2029, which is a 24.31% growth rate. As Mordor Intelligence suggests, artificial intelligence and machine learning can help with the entire process including design,…
Many people have rung in New Year with the mission to improve their overall health and lifestyle, which often includes weight loss. New research suggests AI (artificial intelligence) can help with chronic care and weight loss. For instance, AI can help healthcare providers optimize treatment plans by assessing the efficacy of different interventions and offering suggestions for changes based on individual responses. Ultimately, this could reduce the chance of repercussions connected to chronic conditions. GlobalData points to one example: the virtual program that Welldoc provides to people with type 2 diabetes. The results are impressive too. More than 77% of…
As the New Year continues to unfold, what trends will take hold in our homes? How will living look different in the year ahead than in previous years? This is the question the ASID (American Society of Interior Designers) aims to answer in its Trends Outlook Preview: Top Trends for 2024. Let’s unravel all these trends to get to the bottom of what this really means for each of us. First, we need to live with and learn from Generation Z. This is something I have been touting since I published my book Sustainable in a Circular World. Gen Z…
Peggy Smedley talks about the data center, saying data is the new oil and is perhaps the most valuable asset many organizations have at their disposal. She takes a closer look at the data center and what is to come as we continue forward in 2024. She also discusses: What unfolded in 2023—where there was growth and where there was not growth. Sustainability considerations at the data center. The rise of AI (artificial intelligence) and the data center. http://peggysmedleyshow.com IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G cloud, sustainability, future of…