By Sarah Hansen
The demand for skilled labor and the rigors needed to keep employees engaged and committed in this highly competitive market are well-documented. CEOs and CHROs have been talking about the talent wars since before our company was founded. And based on recent analysis, company leaders are showing some serious battle scars as the demand for talent is beginning to overtake COVID response as a top concern for leadership.
These concerns are compounded by signs of a potential hangover from the COVID pandemic, which is a “resignation boom” or “turnover tsunami”. A March 2021 survey by Prudential found…
By Yuri Brigance
Deep learning is a subset of machine learning where algorithms inspired by the human brain learn from large amounts of data. The machines use those algorithms to repeatedly perform a task so it can gradually improve outcomes. The process includes deep layers of analysis that enable progressive learning. Deep learning is part of the continuum of artificial intelligence and is resulting in breakthroughs in machine learning that are creative, exciting, and sometimes surprising. This graphic published by Nvidia.com provides a simplified explanation of deep learning’s place in the progression of artificial intelligence advancement.
Deep learning has an…
By Jim Darrin
Technology is at the heart of every modern company, and data management is more than a side effect of a business. Rather, data is an asset and a risk factor that increases in importance as businesses grow and move along the arc of their digital maturation.
According to McKinsey, only a small fraction of companies effectively leverage data-informed decision-making strategies, yet those that are making data-informed decisions have outperformed competitors by 85% in sales growth and by more than 25% in gross margins. McKinsey also reported that in 2015 corporations paid $59 billion for US regulatory infractions…
By Glenn Bowers
Every company is a technology company. Innovation is what keeps companies nimble, progressive, and efficient. Robots have been the symbol of futurism for generations — and the truth is that the future is now. The robots are here.
Take healthcare, for example. Companies like OhmniLabs and Monogram are developing robots for everything from telepresence to robotic surgical assistants. The pandemic has also introduced a new wave of robotics for office and retail spaces. We are seeing more remote telepresence with robots roaming warehouses, checking barcodes, counting inventory, checking on patients, and even sanitizing workspaces.
By: Jim Darrin, CEO
I am excited to announce today that Valence has joined the 5G Open Innovation Lab (5G OI Lab) ecosystem as a Technical Partner. This is an incredibly important milestone for the company given our focus on the next decade of digital transformation. Since the beginning, Valence has operated under the belief that yes, “software is eating the world” and that every company, enterprise, non-profit — you name it — will both feel the impact but more importantly be able to embrace this ongoing transformation.
By Steven Fiore
For the last few years “Digital Transformation” has been the buzzword du jour. Behind the phrase itself, was a fundamental desire for businesses to innovate in the digital age and there are plenty of statistics demonstrating why:
56% of CEOs say digital improvements have led to increased revenue.
Digitally mature companies are 23% more profitable than their less mature peers.
Digital-first companies are 64% more likely to achieve their business goals than their peers.
The problem is innovation can be confusing and disruptive, contributing to some more disturbing statistics like:
By Greg Shaw
With the dramatic shift for entire companies and industries to work remotely, we have identified some common challenges or pitfalls that may occur. It’s important to realize the current situation is very different from team members working remotely occasionally or even part of a team working remotely. The undefined timeline of entirely remote workplace environments means we need to consider each aspect of the development strategy from a new angle: from ideation, to agile work streams to deployment.
This article highlights some of the learnings we have found to be helpful at Valence and around the industry…
By Chaitra Nerurkar, with valuable contributions from Nadir Hashmi
The phrase Digital Transformation is commonly used today, referring to everything from an overhaul of a legacy system — to leveraging online systems to engage with customers. As champions of digital transformation, our team at Valence believes in the power of smartly planned and efficiently executed digital transformations to enhance business strategy; we believe that digital transformation is a driving cornerstone of business today. However, it is imperative that individuals understand the definition, the potential impact as well as the processes that lead to success.
Effective digital transformation puts business strategy…
By Renee Christensen
Now that we are firmly immersed in 2020, what digital technology trends are gaining traction as necessities to future success? With businesses facing many external challenges, every company can use an edge in understanding where to invest their resources for the future. The elephant in the room to address is obviously the economic impact of COVID-19 but there are other challenges to keep in mind as well such as the compounding impacts of climate change, the re-hashing of global trade agreements, and the growing consumer-income gap.
By Jaime Swindle
Our team is excited to showcase our recent Virtual Reality (VR) project designed and developed for Nestlé Purina on Oculus’s breakthrough tether-less headset, the Oculus Quest. We partnered with Nestlé Purina to create a VR training application that enables their colleagues to experience virtual tours of their factories and immerses them in a high fidelity 360-degree environment that takes them step-by-step through the manufacturing process.
By providing a VR factory tour at new staff orientations, Nestlé Purina was able to asynchronously train employees, maintain the manufacturing staff’s focus…