🛑 It's good to stop in every now and then... but why do we usually need a catastrophe for that?
Startup Insights from Across the Pond, RevOps, AI Hype vs. Reality, The CrowdStrike Catastrophe
A lot to unpack in this months issue, so let’s get straight to the point.
Startup Insights From John Faig, RevOps
I recently interviewed a RevOps specialist and consultant to startups (especially EdTech startups). I invite you to watch the first part, in which John Faig shares his experiences.
We discuss, among other things:
The role of RevOps
Challenges faced by EdTech startups
Emotional selling, clear messaging and robust brand awareness
Broadening the scope of EdTech solutions
Recommendations for startup effectiveness
The role of experimentation
We focus this talk mainly on StartUps in the EdTech industry, but the truths and tools we talk about are applicable to all companies and industries.
Let this short video excerpt encourage you to watch the whole thing.
You can read and view the whole thing here: Unlocking Success in EdTech: Insights from John Faig
AI Hype vs. Reality: What SaaS Leaders Need to Know
For everyone in IT industry it’s vital to balance ambition with realism.
The capabilities promised by AI are alluring, but the focus should remain on sustainable, return-generating applications. As the excitement around models like LLaMA 3.1 unfolds, prudent planning and strategic investments will prove essential in determining whether AI becomes a boon or a bust in the business world.
Key Takeaways:
LLaMA 3.1 presents exciting possibilities but faces skepticism regarding its status in the open-source community.
Economic forecasts around AI are largely optimistic, but real-world applications and revenue generation are lagging.
Significant costs and uncertain returns may hinder smaller AI startups.
The future of AI may be dominated by a few large companies, stressing the importance of strategic partnerships and niche opportunities in the AI space.
Read the full story here: AI Hype vs. Reality: What SaaS Leaders Need to Know
The CrowdStrike Catastrophe
On July 19, 2024, a seemingly innocuous software update from cybersecurity firm CrowdStrike brought the world to a standstill. Millions of Windows PCs crashed, triggering blue screens of death across various sectors—from hospitals unable to treat patients to airlines unable to process flights.
As CEOs and IT departments scrambled for answers, the tech community dove deep into the technical catastrophe that unfolded.
I prepared a short presentation outlining what happened and the consequences.
Read about The Day the World Stood Still.
Although you can read the full story here: The CrowdStrike Catastrophe - Understanding the Chaos Behind a Global Tech Outage
Emerging IT General Trends
In recent weeks, a prominent trend has been the increasing integration of AI and cybersecurity advancements. Organizations are significantly investing in AI capabilities, as evidenced by IBM’s AI revenue growth, while also addressing the growing cybersecurity threats through enhanced measures. These trends indicate a dual approach, focusing on developing intelligent technologies while fortifying security to mitigate emerging risks.
Additionally, there has been a consistent push towards regulatory and ethical considerations, particularly with data privacy innovations by companies like Apple.
This suggests that future developments in the IT sector will likely revolve around balancing technological innovation with rigorous ethical and security standards.
Checkout the latest weekly IT digest for more information.
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