Daily Archives: April 8, 2021

Reinventing the Internet for a society of change

By Francisco Jaime Quesado – The COVID-19 pandemic has led to the world to an unexpected opportunity wherein it can redesign the context and concept of the Internet for society.

The world is facing new and unprecedented strategic challenges as a result of the coronavirus outbreak, and the reinvention of the Internet is one strategic tool that could facilitate a new agenda for the future. This strategic process demands an effective push towards a more cooperative agenda, one that focuses on a prosperous and competitive economy, sustainable environment, and a more democratic, open, healthy society.

This reinvention process should be seen as a key and positive element that empowers both citizens and growing businesses to help build an innovative, secure and sustainable post-pandemic world.

More than ever, the society of change that we need demands a clear and balanced repositioning of the Internet, one that is fundamentally based on a full understanding of policy issues and the context to which they belong. Furthermore, a pragmatic strategy is needed for sustainable growth and prosperity so that the majority of society can respond to the following challenges that the world is now facing:

  • Transforming society into a high skill/high employment economy for a globalized environment;
  • Tackling the effects of an ageing population, while improving major public services;
  • This must be done in a way that takes into account foreseeable expenditures and environmental constraints;

It is absolutely critical that the world’s different social actors come to understand the extreme importance of these issues when it comes to promoting a real and effective process of reinventing the internet, particularly by the private citizens and various institutions who are decisive enablers of change. more>

Updates from McKinsey

CEO dialogue: Perspectives on reimagining operations for growth
The hyper-acceleration of the Fourth Industrial Revolution (4IR) has led to an unparalleled industry transformation, giving organizations a unique opportunity to reimagine operations for growth.
By Enno de Boer, Katy George, and Yves Giraud – In late March, CEOs representing leading innovative organizations from around the world joined McKinsey & Company in collaboration with the World Economic Forum for a discussion on the future of manufacturing. Hundreds of thousands of participants across dozens of industries tuned in to hear from Satya Nadella, CEO of Microsoft, Alex Gorsky, chairman and CEO of Johnson & Johnson, and 11 CEOs of companies that recently joined the Global Lighthouse Network, a community of world-leading companies using 4IR technologies to go beyond productivity improvements to create sustainable, profitable growth.

Their conversation has been edited for clarity and legibility.

“Digitization is going to touch every aspect of our business,” said Alex Gorsky, Johnson & Johnson. “I can´t imagine ten years from now that whether it’s our businesses, our manufacturing, our financial systems, our human-resource systems—it will just be so imbued into every process, every function, every connection that we make.”

Unique growth opportunities

By deploying 4IR technologies at scale, lighthouses are creating new revenue streams through new business models. These companies are more in touch with what their customers want, even as preferences change faster than ever—and they have built the capability to respond rapidly and gain market share in the void left by others that get stuck in pilot purgatory. In fact, being stuck in the pilot phase is a more common feeling in 2020. The three-year trend shows scaling Industry 4.0 tech is reversing. Industrials have had their investments pressure-tested, and as a result have realized they have not scaled as much as they thought. more>

Updates from Ciena

Updated: 800G – nothing but the facts
If you have been following Ciena, you know 800G adoption is underway. With that comes a lot of interest and questions. Ciena’s Helen Xenos sat down to share insights from 800G customer deployments to help you understand the facts.
By Helen Xenos – 800G is a hot topic of discussion in the optical industry today – it’s everywhere! And as is customary when a new technology emerges, there are various opinions and speculation as to the value and expected rate of adoption, especially these days when lab access and live trials pose a unique challenge. Who has real product? Is anyone going to deploy 800G in the near term? Are there technological and operational barriers that still need to be overcome?

As the only vendor with commercially available 800G product shipping today (since April 2020), we are in the unique and fortunate position here at Ciena where we don’t need to speculate.

Curious to know the facts around 800G deployments?

In just over nine months of commercial availability of WaveLogic 5 Extreme, Ciena has shipped more than 6,000 coherent modems to over 75 customers around the globe, all of whom are actively deploying the technology in their networks.  The rate of early technology adoption is impressive – more than twice as fast as the ramp of competitive 600G solutions, as can be seen from the Cignal AI graph below (source: Transport Applications Report).

In this blog, I’ll share details of these deployments, and insights behind the strong ramp, so you can cut through the hype and get to the facts about 800G. more>

Related>

Five Ways to Spring Clean Your Finances

A lot can pile up over a year, or just a season. Here are five tips to help you tidy up, declutter and organize your finances this spring.
Morgan Stanley – For many, spring means opening windows, sweeping the dust out and rotating our wardrobes. While you’re freshening up your home, consider ways to also tidy up your finances. You may be surprised at what’s hiding in your accounts and inboxes, financial documents and tax returns.

Consider these five strategies to help you spring clean your finances:

1. Clean Up Your Accounts

Do you find it challenging to keep track of your various financial accounts? Many people have checking or savings accounts at one bank, a brokerage account with another and an individual retirement account with yet another. Having an array of accounts at different institutions can make your financial house feel disorganized.

Consider consolidating your accounts into one relationship to gain a clearer understanding of your financial streams and overall wealth. Or, if you prefer to maintain accounts with different banks, take advantage of digital tools that let you see all of your accounts in one place. Getting that full picture can bring fresh perspective about what you need to prioritize, as you manage day-to-day cash needs and pursue your longer-term goals.

2. Declutter Your Debt

Do you ever feel like your debt is in disarray? If you have multiple loans and credit cards, with different interest rates and payment dates, it might be time to consider debt consolidation. Paying off your various debts via a single loan with a competitive interest rate not only helps you save money, it also leaves you with one simple payment date each month. This, in turn, may help reduce financial stress. Your Morgan Stanley Financial Advisor can tell you more about possible debt-consolidation strategies. more>