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Redefine business through Industry Internet of Things

The fourth wave of the Industrial Revolution, Industry Internet of Things (IIoT) is not only redefining the businesses but also the complete ecosystem. McKinsey reported that B2B IIoT applications would contribute around 70% to the global estimated market of $11.1 trillion by 2025. The traditional business models will be no help to the existing business to gain a competitive advantage, and thus business leaders have to rethink and discover new ways, designs and business models embracing IIoT. Non-ownership business models provide an excellent opportunity to carve mutual benefits by sharing…

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The Discredited Value of Humility in Education

As we await the reign of artificial intelligence, is it too late to refine the idea we have of purely human intelligence? The Daily Devil’s Dictionary explains. According to the British Psychology Society, various studies prove that “intellectual humility correlates with superior general knowledge.” These findings may surprise or even disappoint quite a few people, such as the experts routinely invited by the media to explain complex problems, journalists on American news stations (Fox News, MSNBC and CNN, to cite only those three), mainstream politicians and a fair number of bloggers….

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8 Quotes That Define The State Of Social Media Today

Social media logos: Facebook, Twitter, Instagram, Youtube, Pinterest, Snapchat, LinkedIn, etc. GETTY Last month’s annual Social Media Marketing World in San Diego featured a bevy of top speakers, many of whom focused on connecting with customers as the key to successful marketing campaigns. Here are 8 quotes from 8 different speakers which drive home the point that now more than ever, customers are in charge of a company’s success or failure. “We trust each other more than ever. We trust brands less than ever.” – Jay Baer There has been a distinct power…

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Chinese investment in Europe: A story of cash and concerns

PARIS: Chinese firms have plowed at least 145 billion euros ($164 billion) into Europesince 2010, but investment has been slowing recently as several European governments tighten rules on acquisitions by foreign firms. As President Xi Jinping makes a crucial visit to Italy promoting China’s new Silk Road project, the EU remains divided over the best approach towards Beijing. Chinese direct investment into the European Union in 2010 totaled just 2.1 billion euros. That climbed rapidly to 20.7 billion in 2015 and then jumped to 37.2 billion in 2016, according to a study by Rhodium Group, as Chinese…

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Fake investment firm cons youth of Rs 3.35 lakh with big returns vow

Representative Image LUCKNOW: An aspirant for Provincial Civil Services-Judiciary (PCS-J) has been duped of Rs 3.35 lakh in the name of an investment scheme. The victim, Sachin Tiwari, a resident of Manaknagar, lodged an FIR on Saturday. Sachin told the police that he read an advertisement of a lucrative investment scheme on a dating website in December last year. “I provided my details and phone number on the website. On December 1, I received a call from Komal who claimed being an employee of ‘Real dating Group’ and explained me various investment plans,” Sachin…

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BJP’s Record on Education Runs Afoul of Its Own Manifesto

In their short social life and even shorter life in public memory, election manifestos perform a variety of tasks. Attempting to strike different notes at once, they sway between grandiose promise-making, novelty and a teaser of all good things that would unfurl post-elections. Intentions, promises and possible actions form common elements of the script that covers broad issues including foreign relations, defence and social security. While revealing an overall direction, focus and emphasis, manifestos also do the work of re-framing, re-naming and signalling. Given its crucial role in not just…

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