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Igniting Passion And Diversity In STEM

It wasn’t until my first job out of college—one in the wireless business—that I developed a passion for technology and saw how STEM impacts everything we do. This was the spark that led me to fall in love with the network engineering elements of wireless, and the more immersed I got in the industry, the more exposed and interested I was in other components of technology.

Now, as the father of a teenage daughter who’s interested in STEM subjects and potentially even computer science, I want her to find her own opportunities, discover where her passions lie, and to ensure she has the resources and encouragement to pursue them.

In the U.S., there simply aren’t enough people pursuing STEM to meet growing technology demands. According to the Smithsonian Science Education Center, “78 percent of high school graduates don’t meet benchmark readiness for one or more college courses in mathematics, science or English.” And then there are barriers to STEM advancement like four or six-year degree requirements for many jobs—which are remarkably difficult for most people to afford. So it’s not that surprising when people like Nasdaq vice chairman Bruce Aust say, “By 2020, there will be one million more computing jobs than there will be graduates to fill them, resulting in a $500 billion opportunity gap.”

What’s clear is we need to make it easier for people to experiment with STEM early in life, then create accessible and alternative opportunities to pursue their dreams. Equally important, we need to find ways to dramatically advance gender diversity in STEM fields to accelerate innovation around the world.

Fostering Excitement Around STEM Takes a Village

Organizations like the Washington Alliance for Better Schools (WABS)—which I’m on the board of—partners with school districts around Western Washington State, and is an example of families, teachers, schools, and public and private sector businesses uniting to develop meaningful STEM education and advancement opportunities, because everyone involved can benefit. Hands-on learning and vocational programs like their After School STEM Academy is a great way to help students connect the dots of scientific principles in a fun way. And WABS’ 21st Century Community Learning Centers leverage Title IV funds to help students meet state and local academic standards—from homework tutoring to leadership opportunities that can turn into summer internships or jobs.

As students’ interests in STEM grow, it creates a fantastic opportunity for businesses to see passions play out through hackathons, group ideation, and other challenges. Recently, for the second consecutive year, T-Mobile’s Changemaker Challenge initiative—in partnership with Ashoka—called on youth aged 13 to 23 from the U.S. and Puerto Rico to submit big ideas for how they would drive change in their communities. T-Mobile received 428 entries—a 28% increase over last year—133 in the ‘Tech for Good’ category. Interestingly, one quarter of all the tech entries were focused on STEM projects and even more interestingly, 63% of all technology category applications were from young women. We saw submissions from apps to robots to video games—all with the goal of changing the world for good. Next up, we’ll announce the Top 30 teams and each of them will receive a trip to T-Mobile’s HQ for the three-day Changemaker Challenge Lab to supercharge their projects along with some seed funding. Three category winners will pitch their ideas to T-Mobile leadership for a chance to win the $10,000 grand prize. To say that these young people’s ideas are inspiring is an understatement!

Accelerating Innovation Through Gender Diversity and Inner-Sourcing

Women aren’t typically well represented in many STEM-focused industries. Gender diversity is crucial to designing and building innovative solutions around the world, including T-Mobile’s products and services. At least half of our customers are female, and of the more than 50,000 employees who make up T-Mobile, 42% identify as female. If our product and technology employees don’t represent the diversity in our community, we stand to lose relevance in the market. By making diversity and inclusion a thoughtful, premeditated, sustained, and structural part of our recruitment and retainment of employees—including network engineers, software developers, data scientists, and other STEM professions—we’re able to foster a stronger company culture and build more innovative, customer experience obsessed products and services.

Let’s not forget that plenty of STEM-related jobs don’t include “engineer”, “developer”, or “scientist” in the job title across fields that intersect technology and digital customer experiences. One way we’ve cultivated the right talent at T-Mobile is “inner-sourcing” existing employees. For instance, through our Team of Pros program (TOPs), we provide opportunities for our frontline retail and customer care employees to apply for a 6 to 9-month program in a product management capacity to learn and work directly with engineering teams to ensure a tight coupling between what customers really want and the products, apps, training, and troubleshooting resources we design and develop. This is a great opportunity for our frontline employees to pivot into full-time STEM-related roles within T-Mobile corporate, without the need to pursue a formal technology-oriented education.

Championing STEM to Create a Better World

We live in a world where technology is omnipresent however connected, collaborative, and continuous STEM education isn’t equally accessible, and gender diversity is not well represented. To address pervasive global issues like climate change, resource inequality, economic stagnation, disease prevention, and others, we need diverse people who understand technical processes and technologies to work together to develop effective solutions. For those of us fortunate enough to reach a level of financial stability in STEM fields, we owe it to the future of our world to give back by leading and inspiring today’s and the next generation of technology leaders.

Cody Sanford is T-Mobile’s Executive Vice President and Chief Information Officer, leading the company’s digital transformation strategy fueling the Un-carrier revolution. He is responsible for spearheading the development of a product-centric technology organization that leverages the power of people, process and technology to bring to life T-Mobile’s innovative experiences for customers and frontline employees. Under Cody’s leadership, the Product & Technology organization is driving T-Mobile’s digital transformation, with an industry-leading software dev shop, expansion into adjacent products and services categories, and a leadership role in delivering open source innovations that solve large customer pain points.

Source: Igniting Passion And Diversity In STEM

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Many people in the world of STEM (science, technology, engineering and mathematics) have begun to question why the STEM workforce doesn’t reflect the diversity of society at large. In this talk, Jess Vovers tackles some key questions: What is diversity? Why does it matter? Why does STEM lack diversity? And what can we do about it? Jessica Vovers is a PhD candidate in Chemical and Biomolecular Engineering at the University of Melbourne, with a focus on sustainable solvents. When she’s not painting herself blue, she’s usually playing video games or riding her bike. Jess advocates for diversity in STEM through her work with Science Gallery Melbourne and mentoring with Curious Minds. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

 

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Microsoft Just Announced the Surface Neo and Surface Duo and It Could Be Bad News for Apple

Microsoft has always been a software company. It’s what make it the most valuable company on earth (twice), and it’s what makes it so interesting that the company has been making some serious hardware for a few years now. And when I say serious hardware, I mean it’s seriously good. I’m not a Windows user, and you’d have to pry my MacBook Pro out of my cold, dead hands if you tried to make me switch, but I will freely admit: Microsoft has some serious design chops.

New Surface Devices

Take, for example, the slate of new products the company introduced yesterday, like the updated versions of the Surface Laptop, including a 15-inch model. The Surface Laptop 3, as it’s called, also finally gets USB-C, which is long overdue. It’s impressive, but it’s not even close to the highlight of the event, at least from the standpoint of innovation.

That would be the introduction of two new dual-screen devices, the Surface Neo and Duo. It’s actually not even a new concept. Microsoft worked on a similar product called Courier back in 2008, though it canceled the project two years later without ever it being released.

The Surface Duo.Courtesy Microsoft

Surface Duo

The most interesting thing about the smaller of the two devices, known as Surface Duo, is that it’s a Microsoft product that runs Android. Which is because it’s a foldable smartphone, though Microsoft really doesn’t want you to call it a phone.

But it is. It’s a foldable smartphone, which unlike Samsung’s Galaxy Fold, avoids the messy technical problems of foldable screens. Instead, this one has two screens and opens like a book. Instead of focusing on futuristic display technology that isn’t quite ready for prime time, Microsoft is focusing on the user experience.

Microsoft CEO, Satya Nadella told Wired magazine that “The operating system is no longer the most important layer for us…What is most important for us is the app model and the experience.” Which is probably why it doesn’t run Windows Mobile.

Surface Neo

The larger device, known (at least for now) as Surface Neo is a dual-screen device with a moveable keyboard that attaches magnetically and charges wirelessly. You can place it over one of the screens, and it covers about two-thirds of that screen, leaving space for a virtual touchpad (at the bottom) or what Microsoft calls Wunderbar (at the top).  The latter feature is sort of like a giant version of Apple’s Touch Bar.

The Surface Neo. Courtesy Microsoft

What’s really interesting about Microsoft’s strategy here is that the device will run a variant of the company’s operating system known as Windows X, which will also reportedly power future dual-screen devices from Dell, Asus, Lenovo, and HP.

This incarnation finally begs the question of whether the world needs a dual-screen device, and if so, for what?

Interestingly, both devices will be able to run different apps across both screens, or in some cases, span both displays, opening up a range of potential uses. For example, Microsoft points out that you can arrange the displays back to back to present PowerPoint slides on the front, while viewing your notes on the reverse side.

And, according to Georg Petschnigg, CIO of WeTransfer and the CEO of Fifty Three–the developers of the popular Paper app–the Duo especially has major creative potential. “Mobile creation and productivity has great potential. I would not be surprised if Google and Microsoft invest in a new App Store based on Android for the Duo,” Petschnigg told me.

A Real Challenge to Apple?

In fact, I think you could argue Microsoft has done something that many tech observers and creative entrepreneurs (like me) would have never thought possible: transitioning from making boring software like spreadsheets and email servers, to a company that now rivals Apple in terms of design and user experience.

Microsoft won’t actually start selling either device until the holiday season in 2020, more than a year away at this point. Normally, tech companies keep innovative new products under wraps until they’re almost ready to ship, but in this case Microsoft is putting it out there for the world to see.

You might even say it’s putting the world–and companies like Apple–on notice.

By: Jason Aten

Source: Microsoft Just Announced the Surface Neo and Surface Duo and It Could Be Bad News for Apple | Inc.com

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Microsoft’s 2019 Surface event was filled with big announcements, including the Surface Neo dual-screened device that runs Windows 10X, the Android-powered Surface Duo, and the Surface Pro X that’s built with a custom Qualcomm SQ1 chipset. The Surface Pro 7’s debut wasn’t much of a shock, but there were other surprises, too, like the new Surface Earbuds, and the debut of a Surface Laptop 3, which will be available in 13- or 15-inch sizes. Read more: http://bit.ly/2n1n9I0 Microsoft Surface Neo first look: http://bit.ly/2owUIC3 Surface Laptop 3 hands-on: http://bit.ly/2ovb5za Surface Pro X and Surface Pro 7 hands-on: http://bit.ly/2owDKnv Surface Earbuds hands-on: http://bit.ly/2n4Dpbi Subscribe: http://goo.gl/G5RXGs Like The Verge on Facebook: https://goo.gl/2P1aGc Follow on Twitter: https://goo.gl/XTWX61 Follow on Instagram: https://goo.gl/7ZeLvX Why’d You Push That Button Podcast: https://pod.link/1295289748 The Vergecast Podcast: https://pod.link/430333725 More about our podcasts: https://www.theverge.com/podcasts Read More: http://www.theverge.com Community guidelines: http://bit.ly/2D0hlAv Wallpapers from The Verge: https://bit.ly/2xQXYJr Subscribe to Verge Science on YouTube, a new home base for our explorations into the future of science: http://bit.ly/2FqJZMl

The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now

We are amidst the 4th Industrial Revolution, and technology is evolving faster than ever. Companies and individuals that don’t keep up with some of the major tech trends run the risk of being left behind. Understanding the key trends will allow people and businesses to prepare and grasp the opportunities. As a business and technology futurist, it is my job to look ahead and identify the most important trends. In this article, I share with you the seven most imminent trends everyone should get ready for in 2020.

AI-as-a-service

Artificial Intelligence (AI) is one of the most transformative tech evolutions of our times. As I highlighted in my book ‘Artificial Intelligence in Practice’, most companies have started to explore how they can use AI to improve the customer experience and to streamline their business operations. This will continue in 2020, and while people will increasingly become used to working alongside AIs, designing and deploying our own AI-based systems will remain an expensive proposition for most businesses.

For this reason, much of the AI applications will continue to be done through providers of as-a-service platforms, which allow us to simply feed in our own data and pay for the algorithms or compute resources as we use them.

Currently, these platforms, provided by the likes of Amazon, Google, and Microsoft, tend to be somewhat broad in scope, with (often expensive) custom-engineering required to apply them to the specific tasks an organization may require. During 2020, we will see wider adoption and a growing pool of providers that are likely to start offering more tailored applications and services for specific or specialized tasks. This will mean no company will have any excuses left not to use AI.

Today In: Innovation

5G data networks

The 5th generation of mobile internet connectivity is going to give us super-fast download and upload speeds as well as more stable connections. While 5G mobile data networks became available for the first time in 2019, they were mostly still expensive and limited to functioning in confined areas or major cities. 2020 is likely to be the year when 5G really starts to fly, with more affordable data plans as well as greatly improved coverage, meaning that everyone can join in the fun.

Super-fast data networks will not only give us the ability to stream movies and music at higher quality when we’re on the move. The greatly increased speeds mean that mobile networks will become more usable even than the wired networks running into our homes and businesses. Companies must consider the business implications of having super-fast and stable internet access anywhere. The increased bandwidth will enable machines, robots, and autonomous vehicles to collect and transfer more data than ever, leading to advances in the area of the Internet of Things (IoT) and smart machinery. Smart cities

Autonomous Driving

While we still aren’t at the stage where we can expect to routinely travel in, or even see, autonomous vehicles in 2020, they will undoubtedly continue to generate a significant amount of excitement.

Tesla chief Elon Musk has said he expects his company to create a truly “complete” autonomous vehicle by this year, and the number of vehicles capable of operating with a lesser degree of autonomy – such as automated braking and lane-changing – will become an increasingly common sight. In addition to this, other in-car systems not directly connected to driving, such as security and entertainment functions – will become increasingly automated and reliant on data capture and analytics. Google’s sister-company Waymo has just completed a trial of autonomous taxis in California, where it transported more than Xk people.

It won’t just be cars, of course – trucking and shipping are becoming more autonomous, and breakthroughs in this space are likely to continue to hit the headlines throughout 2020.

With the maturing of autonomous driving technology, we will also increasingly hear about the measures that will be taken by regulators, legislators, and authorities. Changes to laws, existing infrastructure, and social attitudes are all likely to be required before autonomous driving becomes a practical reality for most of us. During 2020, it’s likely we will start to see the debate around autonomous driving spread outside of the tech world, as more and more people come round to the idea that the question is not “if,” but “when,” it will become a reality.

Personalized and predictive medicine

Technology is currently transforming healthcare at an unprecedented rate. Our ability to capture data from wearable devices such as smartwatches will give us the ability to increasingly predict and treat health issues in people even before they experience any symptoms.

When it comes to treatment, we will see much more personalized approaches. This is also referred to as precision medicine which allows doctors to more precisely prescribe medicines and apply treatments, thanks to a data-driven understanding of how effective they are likely to be for a specific patient.

Although not a new idea, thanks to recent breakthroughs in technology, especially in the fields of genomics and AI, it is giving us a greater understanding of how different people’s bodies are better or worse equipped to fight off specific diseases, as well as how they are likely to react to different types of medication or treatment.

Throughout 2020 we will see new applications of predictive healthcare and the introduction of more personalized and effective treatments to ensure better outcomes for individual patients.

Computer Vision

In computer terms, “vision” involves systems that are able to identify items, places, objects or people from visual images – those collected by a camera or sensor. It’s this technology that allows your smartphone camera to recognize which part of the image it’s capturing is a face, and powers technology such as Google Image Search.

As we move through 2020, we’re going to see computer vision equipped tools and technology rolled out for an ever-increasing number of uses. It’s fundamental to the way autonomous cars will “see” and navigate their way around danger. Production lines will employ computer vision cameras to watch for defective products or equipment failures, and security cameras will be able to alert us to anything out of the ordinary, without requiring 24/7 monitoring.

Computer vision is also enabling face recognition, which we will hear a lot about in 2020. We have already seen how useful the technology is in controlling access to our smartphones in the case of Apple’s FaceID and how Dubai airport uses it to provide a smoother customer journey [add link]. However, as the use cases will grow in 2020, we will also have more debates about limiting the use of this technology because of its potential to erode privacy and enable ‘Big Brother’-like state control.

Extended Reality

Extended Reality (XR) is a catch-all term that covers several new and emerging technologies being used to create more immersive digital experiences. More specifically, it refers to virtual, augmented, and mixed reality. Virtual reality (VR) provides a fully digitally immersive experience where you enter a computer-generated world using headsets that blend out the real world. Augmented reality (AR) overlays digital objects onto the real world via smartphone screens or displays (think Snapchat filters). Mixed reality (MR) is an extension of AR, that means users can interact with digital objects placed in the real world (think playing a holographic piano that you have placed into your room via an AR headset).

These technologies have been around for a few years now but have largely been confined to the world of entertainment – with Oculus Rift and Vive headsets providing the current state-of-the-art in videogames, and smartphone features such as camera filters and Pokemon Go-style games providing the most visible examples of AR.

From 2020 expect all of that to change, as businesses get to grips with the wealth of exciting possibilities offered by both current forms of XR. Virtual and augmented reality will become increasingly prevalent for training and simulation, as well as offering new ways to interact with customers.

Blockchain Technology

Blockchain is a technology trend that I have covered extensively this year, and yet you’re still likely to get blank looks if you mention in non-tech-savvy company. 2020 could finally be the year when that changes, though. Blockchain is essentially a digital ledger used to record transactions but secured due to its encrypted and decentralized nature. During 2019 some commentators began to argue that the technology was over-hyped and perhaps not as useful as first thought. However, continued investment by the likes of FedEx, IBM, Walmart and Mastercard during 2019 is likely to start to show real-world results, and if they manage to prove its case, could quickly lead to an increase in adoption by smaller players.

And if things are going to plan, 2020 will also see the launch of Facebook’s own blockchain-based crypto currently Libra, which is going to create quite a stir.

If you would like to keep track of these technologies, simply follow me on YouTube, Twitter, LinkedIn, and Instagram, or head to my website for many more in-depth articles on these topics.

Follow me on Twitter or LinkedIn. Check out my website.

Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organisations improve their business performance, use data more intelligently, and understand the implications of new technologies such as artificial intelligence, big data, blockchains, and the Internet of Things. Why don’t you connect with Bernard on Twitter (@bernardmarr), LinkedIn (https://uk.linkedin.com/in/bernardmarr) or instagram (bernard.marr)?

Source: The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now

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In this Intellipaat’s top 10 technologies to learn in 2019 video, you will learn all the trending technologies in the market in 2019. The end goal of this video is to educate you about the latest technologies to learn and all the top 10 trending technologies you can watch for in order to make a fantastic career in IT technologies in 2019. Do subscribe to Intellipaat channel to get regular updates on them: https://goo.gl/hhsGWb Intellipaat Online Training: https://goo.gl/LeiW5S AI & Deep Learning Training: https://goo.gl/amnqEK Blockchain Training: https://goo.gl/CgDPyu Cloud Computing Training: https://goo.gl/PY2nbX Big Data Hadoop Training: https://goo.gl/NJaDuf BI Tools Training: https://goo.gl/SbkRXT DevOps Training: https://goo.gl/zz15qn Salesforce Training: https://goo.gl/zN3tLj SAP HANA Training: https://goo.gl/x2Jiu7 Python Programming Training: https://goo.gl/8urtdD Oracle DBA Training: https://goo.gl/LhYLTS Are you interested to learn any of the trending technology 2019 mentioned in the video? Enroll in our Intellipaat courses & become a certified Professional (https://goo.gl/LeiW5S). All Intellipaat trainings are provided by Industry experts and is completely aligned with industry standards and certification bodies. If you’ve enjoyed this top technologies to learn video, Like us and Subscribe to our channel for more trending technologies of 2019 tutorials. Got any questions about the top technologies to learn in 2019? Ask us in the comment section below. —————————- Intellipaat Edge 1. 24*7 Life time Access & Support 2. Flexible Class Schedule 3. Job Assistance 4. Mentors with +14 yrs 5. Industry Oriented Course ware 6. Life time free Course Upgrade #Top10TechnologiesToLearnIn2019 #TrendingTechnologies2019 #Top10ITTechnologiesIn2019 —————————— For more Information: Please write us to sales@intellipaat.com, or call us at: +91- 7847955955 Website: https://goo.gl/LeiW5S Facebook: https://www.facebook.com/intellipaato… LinkedIn: https://www.linkedin.com/in/intellipaat/ Twitter: https://twitter.com/Intellipaat

Microsoft Just Lost A Big Fight With America’s Top Huawei Prosecutor

Newly unsealed court documents have revealed a secret legal battle between Microsoft and one of America’s leading prosecutors focused on chasing Chinese technology companies breaking U.S. law.

U.S. attorney Alexander Solomon—who also happens to be the lead prosecutor on two criminal cases involving Huawei—just scored a big victory in that tussle, forcing Microsoft to keep quiet about a demand to hand over customer emails.

That request was originally filed in August 2018 and was followed by a gag order. Both were kept secret until Wednesday, when it emerged Microsoft was told to hand over emails, text messages and voicemails belonging to two employees at one of its unnamed enterprise customers. Microsoft said that while it could provide the data, it should be allowed to inform executives at that unnamed company. It asked the government to lift a gag order that had prevented it from informing anyone. As revealed in a Microsoft blog post and court documents unsealed Wednesday, the software giant lost that fight, though it will appeal.

Nothing was said about why the government wanted those emails. But there are numerous indications the data grab is related to America’s fight against Chinese businesses’ breaches of U.S. law.

Today In: Innovation

To start, the prosecutors in the case are both leading high-profile cases into various offenses committed by Chinese nationals and businesses against the U.S. And one, Alexander Solomon, is the lead prosecutor in two cases in which Huawei is at the center.

The biggest is the one in which Huawei stands accused of illegally exporting equipment to Iran from the U.S. via a subsidiary called Skycom, and then repeatedly lying about the deals. Not only were Huawei, its U.S. business and Skycom charged, so was the daughter of the Huawei CEO and the current CFO, Wanzhou Meng, who is currently fighting extradition from Canada. Huawei has pleaded not guilty to all charges.

The Huawei entities were, in January this year, charged with bank fraud, wire fraud and violations of the International Emergency Economic Powers Act (lEEPA), a law that Trump recently used to enforce sanctions on Iran. As per court documents detailing the order on Microsoft, the two employees of the unnamed customer are suspected of similar crimes, namely wire fraud, money laundering and breaches of lEEPA.

Going deeper, those staff at the Microsoft customer are being investigated for working for one multinational corporation and conspiring with another to violate the lEEPA. They did so “by sending and attempting to send U.S. origin goods to [a company] in [a foreign country], in contravention of U.S. sanctions,” according to a court filing.

The name of the customer remains a mystery. It’s unlikely to be Huawei, though. That’s because Microsoft was asked to hand over the emails of two “low-level employees in one business unit of a multinational, publicly listed Microsoft customer.” Huawei is not publicly listed; its private ownership has, in fact, been the subject of much speculation. Though it claims to be owned by its employees, academics have suggested that’s misleading.

The prosecutor, Solomon, is also leading a case against Chinese professor Bo Mao, who has been accused of stealing technology from a California company for a Chinese company, reportedly Huawei. Mao has pleaded not guilty on a single charge of wire fraud.

Huawei hadn’t responded to a request for comment on the above cases. Microsoft also hadn’t provided comment. The prosecutor’s office declined to comment.

Microsoft’s fight with the U.S.

But Microsoft had a lot to say in court filings and a blog post about the government’s attempts to completely silence the maker of the Windows operating system.

It argued that 20 years ago, the government would go directly to the company that controlled the data, not its cloud-based tech supplier. Microsoft said it was “disturbing” that governments were now going to tech companies instead. And it therefore should be allowed to at least tell employees at an affected company about a government data grab, as long as it wouldn’t jeopardize an investigation. “The government cannot justify such a total ban on Microsoft’s speech,” the company’s lawyers said.

Dev Stahlkopf, Microsoft’s corporate vice president and general counsel, said the company would “continue to stand up for the principle that our customers are entitled to know when the government obtains their data.”

“Absent extraordinary circumstances, government agents should seek data directly from our enterprise customers, and if they seek our customers’ data from us, they should allow us to tell our customers when demands are made,” Stahlkopf added.

“We believe strongly that these fundamental protections should not disappear just because customers store their data in the cloud rather than in file cabinets or desk drawers.”

Microsoft has also been vocal about restrictions on American companies doing business with Huawei. Company president Brad Smith recently said the U.S. should revisit the ban preventing Microsoft and others from letting Huawei run American software.

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I’m associate editor for Forbes, covering security, surveillance and privacy. I’ve been breaking news and writing features on these topics for major publications since 2010. As a freelancer, I worked for The Guardian, Vice Motherboard, Wired and BBC.com, amongst many others. I was named BT Security Journalist of the year in 2012 and 2013 for a range of exclusive articles, and in 2014 was handed Best News Story for a feature on US government harassment of security professionals. I like to hear from hackers who are breaking things for either fun or profit and researchers who’ve uncovered nasty things on the web. Tip me on Signal at 447837496820. I use WhatsApp and Treema too. Or you can email me at TBrewster@forbes.com, or tbthomasbrewster@gmail.com.

Source: Microsoft Just Lost A Big Fight With America’s Top Huawei Prosecutor

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Huawei Chief Financial Officer Meng Wanzhou returned to British Columbia Supreme Court on September 23, 2019 to fend off her extradition case. At the hearing, attorney Richard Peck alleged that Canadian authorities delayed Meng’s arrest in an effort to collect evidence for U.S. authorities, conducting a “covert criminal investigation” in the process. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvn… Download our APP on Google Play (Android): https://play.google.com/store/apps/de… Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalT… Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing Douyin: http://v.douyin.com/aBbmNQ/

New Billionaire: Dean Stoecker’s 22-Year Journey & The Software That Makes Almost Anyone A Data Savant

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Sun Tzu meets software in mid-August at downtown Denver’s Crawford Hotel. The floors are terrazzo. The chandeliers are accented with gold. And Dean Stoecker, the CEO of data-science firm Alteryx, has summoned his executives for the annual strategy session he calls Bing Fa, after the Mandarin title of The Art of War. “Sun Tzu was all about how you conserve resources,” says Stoecker, 62. “How do you win a war without going into battle?”alteryx

Stoecker knows something about conserving resources. He cofounded Alteryx in 1997, when the data-science industry scarcely existed, and spent a decade growing the firm to a measly $10 million in annual revenue. “We had to wait for the market to catch up,” he says. As he waited, he kept the business lean, hiring slowly and forgoing outside investment until 2011. Then, as “big data” began eating the world, he raised $163 million before taking Alteryx public in 2017. The stock is up nearly 900% since, and Stoecker is worth an estimated $1.2 billion.

“People ask me, ‘Did you ever think it would get this big?’” he says. “And I say, ‘Yeah, I just never thought it would take this long.’ ”

Alteryx makes data science easy. Its simple, click-and-drop design lets anyone, from recent grads to emeritus chairmen, turn raw numbers into charts and graphics. It goes far beyond Excel. Plug in some numbers, select the desired operation—say data cleansing or linear regression—and presto.

There are applications in every industry. Coca-Cola uses Alteryx to help restaurants predict how much soda to order. Airlines use it to hedge the price of jet fuel. Banks use it to model derivatives. Data analysis “is the one skill that every human being has to have if they’re going to survive in this next generation,” says Stoecker. “More so than balancing a checkbook.”

Alteryx’s numbers support that forecast. The company, based in Irvine, California, generated $28 million in profit on $254 million in revenue in 2018, and Stoecker expects to hit $1 billion in annual sales by 2022.

Stoecker grew up the son of a tinkerer. His father built liquid nitrogen tanks for NASA before quitting his job to sell “pre-cut” vacation homes in Colorado. He made them himself. “It was literally just him nine months of the year, and he would cut wood for 50 buildings,” Stoecker recalls. As a teenager he joined his father, and by the time he arrived at the University of Colorado Boulder to study economics, he was able to pay his own way.

After graduating in 1979, Stoecker earned his M.B.A. from Pepperdine, then took a sales job in 1990 at Donnelley Marketing Information Services, a data company in Connecticut. There he met Libby Duane Adams, who worked in the firm’s Stamford office. Seven years later, the pair founded a data company of their own, which they cumbersomely named Spatial Re-Engineering Consultants. (A third cofounder, Ned Harding, joined around the same time; Stoecker, who came up with the idea, took the lion’s share of the equity.)

SRC’s first customer, a junk mail company in Orange County, paid $125,000 to better target its coupons. “We were building big-data analytic cloud solutions back in 1998,” says Stoecker, when many businesses were barely online and terms like “cloud computing” were years away.

SRC was profitable from the outset. “We didn’t spend ahead of revenue. We didn’t hire ahead of revenue,” says Adams, sitting in a remodeled 1962 Volkswagen bus at Alteryx headquarters, theoretically a symbol of the company’s journey. “We never calculated burn rates. That was a big topic in the whole dot-com era. We were not running the business like a dot-com.”

In 2006, as part of a pivot away from one-off consulting gigs, SRC released software to let customers do the number-crunching themselves. They named the software Alteryx, a nerdy joke for changing two variables simultaneously: “Alter Y, X.” Stoecker made Alteryx the company name, too, in 2010.

The market was still small. To grow revenue, “we just kept raising the price of our platform,” Stoecker says. In the beginning, Alteryx sold its subscription-based software for $7,500 per user; by 2013 it was charging $55,000. The next year, as Stoecker felt demand growing, he slashed prices to $4,000. Volume made up for the lower rate. Today Alteryx has 5,300 customers. “We immediately went from averaging eight, nine or ten [new clients] a quarter to north of 250,” he says.

Although data mining and data analytics is a long-established field, encompassing a slew of startups as well as giants like Oracle and IBM, “we see almost no direct competition,” Stoecker insists.

“It’s a pretty wide-open field,” says Marshall Senk, a senior research analyst at Compass Point Research & Trading. “The choice is you buy a suite from Alteryx or you go buy 15 different products and try to figure out how to get them to work together.”

Inside Alteryx’s offices, Stoecker pauses in front of a time line depicting his first 22 years in business. “The good stuff hasn’t even occurred yet,” he says. “I’m going to need a way bigger wall.”

 

I’ve been a reporter at Forbes since 2016. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in Uruguay, and lots of stuff in between. I graduated from Tufts University with a dual degree in international relations and Arabic. Feel free to reach out at nkirsch@forbes.com with any story ideas or tips, or follow me on Twitter @Noah_Kirsch.

Source: https://www.forbes.com/

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