But at some point, things just don’t make sense anymore and you have to call it out.The Tech Valuation BubbleA lot of the companies in the tech sector have gone from being fundamental growth stories that persisted through the Covid-19 slump, to being stocks with more than a bit of euphoria and price momentum.
The irrational decoupling of stock prices from reality like what Tesla TSLA -9% (TSLA) has experienced for years is now starting to take place in the tech sector more broadly.For example, in the last two weeks Apple AAPL -8% is up almost 10% - and given its size, that’s a huge number in terms of market cap.
When a company worth $2 trillion like Apple goes up 10% - that implies that it’s created $200 billion in new value in a week!For some context, $200 Billion is approximately double what a big name company like Boeing BA -3.4% is worth, and is approximately 4 – 5 times what a big name companies like General Motors GM -4.8% or Walgreens WBA -0.2% are worth.Salesforce CRM -4.2% is a similar story; it beat earnings earlier this week, which is great – it’s an awesome company.
Yes, Salesforce is beating expectations, but they did they really create the equivalent of a whole new General Motors or Walgreens in terms of new value or production over the course of the last few weeks?Understanding Market BreadthNow, to be clear, we think Salesforce and Apple are great companies and really great examples of how innovation continues to drive the US economy.
But the run up in share prices doesn’t seem to be based on their fundamental business practices anymore.Call it euphoria, call it momentum, call it a bit of FOMO from investors, there are a lot of different ways to look at it, but right now a few big technology names are seeing their prices run higher day after day, and they’re lifting the whole market up.As a result of the run up in technology share prices, the S 500 is back into positive territory for the year and is setting new all time highs.
If most of the companies are doing poorly, that suggests that a significant portion of the country isn’t doing so well either.
As gaps in capability - especially provision for remote working and dynamic collaboration - have surfaced, so the urgency around digital transformation has intensified.
Professional services organizations have become bolder in their ambitions, too - and are now looking purposefully at ripping out bespoke content management systems in favor of a simplified, consolidated, cloud-based platform strategy.The 'new normal' for professional servicesThere are other strong reasons to invest in change.
KPMG talks about the growing importance of the 'flexible contingent workforce' in future advisory engagements, for instance, envisaging a future in which at least 20 percent of talent - including specialist expertise - is sourced on demand.Professionals themselves have new expectations, too.
Firms that continue to rely on their own physical servers and on-premise data centers to store and manage everything, for instance, are likely to have experienced the biggest issues gaining access to the latest files and client information during lockdown.2: Remember one of the biggest takeaways of Covid: that even big firms can effect change quickly when they need to.We saw this first-hand during the lockdown.
Large professional services firms - which ordinarily might take nine months to conduct risk assessments, vet vendors and consider options from every angle before choosing and implementing a solution– were suddenly strikingly agile.
When necessity called for it, they were able to make and enact decisions within days – even with due diligence.Many had started down the road to deploying Microsoft 365 and were planning or had started Microsoft Teams pilots on a small scale, but the need to get something in place to meet demand turned these pilots into full roll outs, with tens of thousands and in some cases more than 100,000 users deployed in weeks.3.
Aventior architects design and builds a solution to integrate local storage appliances with the scale of the cloud for one of the top data storage companies in the worldOpportunityIn the age of information, where do we keep all the dataData storage is a critical aspect of any business.
Businesses of all sizes are faced with an increasing amount of data, and it is not only attributed to economic growth – companies are constantly discovering new ways to leverage data to refine their products, services, and analyze customer behavior, which means more data needs to be both captured and stored.
It allows businesses large and small to simplify data management, maximize server performance, back up critical data, and increase application availability.
For this reason, the use of storage area networks or SAN remains common when it comes to enterprise data storage management solutions.SANs are essentially dedicated networks connecting data storage tools with larger networks, facilitating the pooling of storage among data centers.
However,companies that specialize in enterprise storage solutions have now caught on to the potential benefits of integrating locally hosted storage appliances with the benefits offered by cloud storage solutions.
ApproachIntegrating local storage appliances with the scale of the cloudThe solution developed by Aventior would utilize a combination of AWS CloudFormation and AWS IoT Greengrass to create a dynamic and infinitely scalable architecture to support the desired functionality.AWS CloudFormation allows the use of programming languages in the modeling and provisioning of the resources needed for applications.
Adapting to the changing work environment is a hallmark of great companies, and in today's rapidly changing world, adaption and innovation have become a necessity.Among all the industries, the logistics industry is rapidly developing along with the rise in customer demands.
Digitization has brought a myriad of change in different kinds of industries around the world, and the global logistics industry is no exception.If you connect every link of the supply chain digitally, it will enhance the efficiency of a logistics company.
Companies with advanced shipment technologies ensure timely pickup and delivery, which, in turn, gain customer trust and thus excel in their field .Uberization of the global logistics industry is the need of the hour and digitization will help to achieve on-demand mobility solutions.The logistics and courier businesses are evolving.
Thus, it is the right time to understand the benefits of digitization in global logistics.What is Digitization?Digitization is competently using technology to create new opportunities that create value for the business.
With modern innovative technologies such as IoT and Artificial Intelligence, the global logistics industry can be reformed entirely by digitization for its betterment.
With digitization, it can be completely automatized and taken care of.Digitization will descrease the chances of human error and will increase the synchronization within the team by which the work can be done more prudently.Application of Digitization in LogisticsWith digitization, the era of faster and smarter technologies has just begun, especially in the realm of global logistics.
But at some point, things just don’t make sense anymore and you have to call it out.The Tech Valuation BubbleA lot of the companies in the tech sector have gone from being fundamental growth stories that persisted through the Covid-19 slump, to being stocks with more than a bit of euphoria and price momentum.
The irrational decoupling of stock prices from reality like what Tesla TSLA -9% (TSLA) has experienced for years is now starting to take place in the tech sector more broadly.For example, in the last two weeks Apple AAPL -8% is up almost 10% - and given its size, that’s a huge number in terms of market cap.
When a company worth $2 trillion like Apple goes up 10% - that implies that it’s created $200 billion in new value in a week!For some context, $200 Billion is approximately double what a big name company like Boeing BA -3.4% is worth, and is approximately 4 – 5 times what a big name companies like General Motors GM -4.8% or Walgreens WBA -0.2% are worth.Salesforce CRM -4.2% is a similar story; it beat earnings earlier this week, which is great – it’s an awesome company.
Yes, Salesforce is beating expectations, but they did they really create the equivalent of a whole new General Motors or Walgreens in terms of new value or production over the course of the last few weeks?Understanding Market BreadthNow, to be clear, we think Salesforce and Apple are great companies and really great examples of how innovation continues to drive the US economy.
But the run up in share prices doesn’t seem to be based on their fundamental business practices anymore.Call it euphoria, call it momentum, call it a bit of FOMO from investors, there are a lot of different ways to look at it, but right now a few big technology names are seeing their prices run higher day after day, and they’re lifting the whole market up.As a result of the run up in technology share prices, the S 500 is back into positive territory for the year and is setting new all time highs.
If most of the companies are doing poorly, that suggests that a significant portion of the country isn’t doing so well either.
As gaps in capability - especially provision for remote working and dynamic collaboration - have surfaced, so the urgency around digital transformation has intensified.
Professional services organizations have become bolder in their ambitions, too - and are now looking purposefully at ripping out bespoke content management systems in favor of a simplified, consolidated, cloud-based platform strategy.The 'new normal' for professional servicesThere are other strong reasons to invest in change.
KPMG talks about the growing importance of the 'flexible contingent workforce' in future advisory engagements, for instance, envisaging a future in which at least 20 percent of talent - including specialist expertise - is sourced on demand.Professionals themselves have new expectations, too.
Firms that continue to rely on their own physical servers and on-premise data centers to store and manage everything, for instance, are likely to have experienced the biggest issues gaining access to the latest files and client information during lockdown.2: Remember one of the biggest takeaways of Covid: that even big firms can effect change quickly when they need to.We saw this first-hand during the lockdown.
Large professional services firms - which ordinarily might take nine months to conduct risk assessments, vet vendors and consider options from every angle before choosing and implementing a solution– were suddenly strikingly agile.
When necessity called for it, they were able to make and enact decisions within days – even with due diligence.Many had started down the road to deploying Microsoft 365 and were planning or had started Microsoft Teams pilots on a small scale, but the need to get something in place to meet demand turned these pilots into full roll outs, with tens of thousands and in some cases more than 100,000 users deployed in weeks.3.
Aventior architects design and builds a solution to integrate local storage appliances with the scale of the cloud for one of the top data storage companies in the worldOpportunityIn the age of information, where do we keep all the dataData storage is a critical aspect of any business.
Businesses of all sizes are faced with an increasing amount of data, and it is not only attributed to economic growth – companies are constantly discovering new ways to leverage data to refine their products, services, and analyze customer behavior, which means more data needs to be both captured and stored.
It allows businesses large and small to simplify data management, maximize server performance, back up critical data, and increase application availability.
For this reason, the use of storage area networks or SAN remains common when it comes to enterprise data storage management solutions.SANs are essentially dedicated networks connecting data storage tools with larger networks, facilitating the pooling of storage among data centers.
However,companies that specialize in enterprise storage solutions have now caught on to the potential benefits of integrating locally hosted storage appliances with the benefits offered by cloud storage solutions.
ApproachIntegrating local storage appliances with the scale of the cloudThe solution developed by Aventior would utilize a combination of AWS CloudFormation and AWS IoT Greengrass to create a dynamic and infinitely scalable architecture to support the desired functionality.AWS CloudFormation allows the use of programming languages in the modeling and provisioning of the resources needed for applications.
Adapting to the changing work environment is a hallmark of great companies, and in today's rapidly changing world, adaption and innovation have become a necessity.Among all the industries, the logistics industry is rapidly developing along with the rise in customer demands.
Digitization has brought a myriad of change in different kinds of industries around the world, and the global logistics industry is no exception.If you connect every link of the supply chain digitally, it will enhance the efficiency of a logistics company.
Companies with advanced shipment technologies ensure timely pickup and delivery, which, in turn, gain customer trust and thus excel in their field .Uberization of the global logistics industry is the need of the hour and digitization will help to achieve on-demand mobility solutions.The logistics and courier businesses are evolving.
Thus, it is the right time to understand the benefits of digitization in global logistics.What is Digitization?Digitization is competently using technology to create new opportunities that create value for the business.
With modern innovative technologies such as IoT and Artificial Intelligence, the global logistics industry can be reformed entirely by digitization for its betterment.
With digitization, it can be completely automatized and taken care of.Digitization will descrease the chances of human error and will increase the synchronization within the team by which the work can be done more prudently.Application of Digitization in LogisticsWith digitization, the era of faster and smarter technologies has just begun, especially in the realm of global logistics.