Rep. Marcia Fudge’s support for the Energy Innovation and Carbon Dividend Act is needed: Letter …Innovation

As temperatures near 100 degrees this weekend in Cleveland, we are again reminded of how the dire consequences of climate change affect our region. And with nationally high numbers of residents who suffer from asthma, this heat wave will be especially difficult for Clevelanders.

We need the support of U.S. Rep. Marcia Fudge to combat these effects of excessive carbon dioxide emissions, which have also caused several local air-quality alerts from ground-level ozone.

The Energy Innovation and Carbon Dividend Act (H.R. 763) puts a price on carbon to encourage innovation in cleaner and safer energy sources, and the revenue collected is then returned as a dividend check to households across the country. Analysis on [...]  read more

A legacy of innovationInnovation

Can you tell me three interesting facts about the company?

  1. Alcon is the global leader in eye care dedicated to helping people see brilliantly. With 70-plus-year heritage, Alcon is the largest eye care device company in the world with complementary businesses in vision care and the surgical sector
  2. Alcon’s innovation pipeline has never been stronger. We are committed to continuing to be among the market leaders in eye care research and development investment, with plans to invest more than $2.5bn (£1.9bn) in the next five years
  3. In contact lenses, we have global reach with key brands across the daily disposable, reusable and cosmetic categories. Our Dailies Total1 family of products, super premium daily disposable contact lenses, are the first and only daily disposable contact lenses to offer water gradient material technology and are the only contact lens in the daily silicone hydrogel category to achieve highest retention rates of 91% in the UK.

What are the company’s main ambitions for the next 12 months?

For Alcon UK, we have three focus areas:

First, we want to partner with eye care professionals to build their practice and improve patient experience. We know contact lenses remain underpenetrated (approximately 4% globally and 14% in the UK) and daily disposable wear is still relatively low. We will support overall awareness of contact lenses with a call to action to visit an optician for fitting.

We will also help them retain contact lens wearers getting to the age of presbyopia more easily with the expansion of our Dailies Total1 family of products now available in multifocal.

For the dry eye category, there is an immense opportunity for opticians in this space. Demand for dry eye products is increasing due to longer life span expectancy and ageing populations, evolving patterns of work and play, and more sophisticated diagnostic tools. We will continue our roll out of Systane Complete, leverage our number one position in dry eye globally and expand consumer education with investments [...]  read more

Hadoop Big Data Analytics Market Booming at high CAGR of 44.65 % by 2026 with Top Key …BIG Data

The Hadoop Big Data Analytics report enfolds the imperative and insightful consuls that provide shrewd acumen to the market players to make informed business decision and build most remunerative strategies for their business. It also helps to identify forthcoming investment opportunities, challenges, risks, threats, and obstacles in the market and steer the business accordingly. The Hadoop Big Data Analytics report focuses on the value chain analysis and exhaustive Market information about top manufacturers with future plans and financial performance. In this report, the study covers Recent Developments, Updates in Key players, Market regulation and market trends.

Big Data Technologies

Hadoop, Big data programming languages, NoSQL databases, Data lakes, Advanced analytics, Stream Analytics, Edge computing, Self-service options

By applying consistent knowledge throughout the report, research, analysis and estimations are drawn in this Hadoop Big Data Analytics market report. This market [...]  read more

Big Data Analytics in Banking Market Size 2019 | Overview by Industry Size, Growth, Applications …BIG Data

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Leading Key Players Big Data Analytics in Banking Market

IBM, [...]  read more

Is Sony’s Pace of Innovation Actually Hurting the Photo Industry?Innovation

Over the past five years, Sony has done more to push digital imaging forward than just about anybody else. But their incredible pace of innovation is straining an industry that just can’t keep up, and the cracks are starting to show.

Earlier this week, Sony released yet another a7 camera. It’s the fourth a7R Sony has made in less than 6 years, and the 10th full-frame mirrorless camera it’s released over the same period—all while adding 7 more cameras to its APS-C E-Mount system, debuting the G Master line of high-end lenses, and dominating the compact camera space with the RX series. Oh, and we might be adding the long-rumored a7000 and a7S III to that list by year end.

Backed by the R&D of their image sensor division and the might of the Sony Corporation’s pocket book, Sony has done more, innovated faster, and marketed better. As a result, they can be credited with forcing Nikon and Canon to dive into full-frame mirrorless, spearheading revolutionary technologies like [...]  read more

Why big data, IoT, and AI flourish when supported by visualizationsBIG Data

Decisionmakers love dashboards. Source: Shutterstock

Philips acquires Boston-based patient navigation startup MedumoInnovation

Technology company Philips has acquired Boston-based startup Medumo, the developer of patient navigation and engagement solutions.

Medumo, which launched in 2013, uses a combination of email and SMS to help hospitals communicate more effectively with their patients. The company has raised $2.1 million in venture capital funding and the company’s partners include Boston Children’s Hospital and Harvard’s Brigham Health.

Financial terms of the deal were not disclosed. 

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RELATED: Waystar continues buying spree with acquisition of prior authorization company Digitize.AI

A Philips spokesman told Fierce Healthcare the acquisition [...]  read more

Banking startup N26 raises another $170 million at $3.5 billion valuationInnovation

Fintech startup N26 is raising $170 million a few months after raising $300 million. While it’s technically structured as a new round, the company considers today’s new funding as an extension of the Series D round.

N26 has only reached out to existing investors. All the investors in the Series D round are investing again, as well as a few investors that have been around for a while. So that’s Insight Venture Partners, GIC (Singapore’s sovereign wealth fund), Tencent, Allianz X, Peter Thiel’s Valar Ventures, Earlybird Venture Capital and Greyhound Capital.

“It’s a raise in valuation of about 30%. It’s only existing investors that participated. We didn’t go external as it is also quite quickly after the round that we did earlier this year,” co-founder and CEO Valentin Stalf told me. “But I think it’s a good testament of the development of the company over the last couple of months.”

With this new influx of funding, N26 has now reached a post-money valuation of $3.5 [...]  read more

Hadoop-as-a-Service(HDaaS) Market to Witness Potential Growth| Cask Data, Cloudera, Google …BIG Data

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Hadoop-as-a-Service market has witnessed a tremendous growth in 2013 and has doubled from the Hadoop-as-a-Service (HaaS) market size in 2012. Hadoop-as-a-Service market is evolving and current [...]  read more

3 Ways to Get the Funding You Need for Your StartupInnovation

Capital is oxygen for startups. Yet considering that breathing pure oxygen can kill you, it’s important to get the right mix of funding elements to give your business the best chance to succeed. That right mix of funding sources needs to add up to enough to make sure your new business gets off the ground. Depending on the business model, the average startup cost for a small business is anywhere from about $10,000, according to Intuit QuickBooks, to $31,150, according to an oft-cited Ewing Marion Kauffman Foundation survey from 2009. Fortunately, there are numerous ways to fund your startup, and you should have a variety of funding sources rather than putting all of your financing eggs in one basket. Just as investors compile diversified investment portfolios so they don’t have all their money tied up in a few stocks that could lose their value quickly, so startup founders should seek several funding sources so that if anyone source has problems, they can pivot and rely on the others. Having a diversified funding pool won’t guarantee success — it’s just one component of many that go into your company’s success or failure. But given how tough entrepreneurship can be, you need to give your startup every chance it can get to grow. Here are a few things to keep in mind about the sources you can tap. 1. Begin with yourself. You don’t need venture capital to get your business off the ground. GitHub’s three co-founders, for example, each chipped in to launch the business, working on weekends until their side hustle was ready to become a full-time gig. Now the software development platform has more than 3.4 million users. You, too, can start funding your venture with your own bank account (or credit cards, or couch cushion coins). Throwing some of your own money into the mix is a great way to show others that you are serious and committed about your startup. In fact, many Small Business Administration lending programs require founders to tap their resources before they will offer loans.     If you don’t have significant savings built up, you can borrow, but keep in mind that the younger your company is, the more expensive debt financing terms will likely be. Should you opt to put expenses on a credit card, look for one that offers a 0% introductory interest rate for the first year and gives cashback for business-related purchases. Of course, ponying up your own cash comes with the risk that you will lose it if your business fails. This is why personal investment should be part of your funding mix but not your entire picture. 2. Get by with a little help from your friends (and family). What are friends for? For many successful startup founders, the answer is “funding.” Funds can be raised from family and friends directly or through a crowdfunding web site, such as Indiegogo or Kickstarter. This approach worked for Scott Cook, co-founder of personal finance software company Intuit, who borrowed money from his parents to help start the financial software company when 25 professional investors declined to invest in it. Of course, in doing this, your family’s and friends’ money is at risk alongside yours, so it’s important for everyone to have realistic expectations from the start. Be sure to explain your business to potential investors, including outlining the risks involved. The great thing about this funding option is that friends and family will want to see you succeed, and to some extent, they may be more forgiving of the inevitable bumps in the road that any entrepreneur can encounter. Once you have a finalized business plan and are ready to seek investors, set up a digital means for friends and family to support your venture, and offer perks for certain benchmarks of investment. And be sure to send a thank-you note to those who invest. 3. Reach out to entrepreneurial programs. Find entrepreneurial programs, such as accelerators, incubators, or venture studios, that offers funding along with opportunities for mentorship and networking. In many cases, these programs should be able to give you a nice immediate funding boost while connecting you with more funding opportunities down the line. For example, startups that participated in GAN Accelerators raised an average of $547,000 over the 12 months following graduation, and the top two sources of funding over that time period were angel investors (47%) and venture capital (32%), according to the organization’s 2019 report.  In addition, the mentors and contacts you meet through an accelerator or incubator can help you determine the best funding mix for your startup as well as offer other practical advice. When seeking out an entrepreneurial program, look for one that specializes in your industry to get the most out of the experience. Examine the benefits the program offers and look into how the program’s alumni are doing a few years after participating. If startups that have graduated from the program are still in business and doing well, that’s a good sign that you will benefit from the program.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

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