Harmonize is a people-friendly chat-based HR system, that lets you create a fun and collaborative workplace

Harmonize

Interlock Launches Web3 Security Extension And Incentivized Crowdsourced Internet Security Community

Exploring the Integration of Blockchain in AAA Mobile Gaming Pudgy Penguins, known for their popular NFT collection, has teamed up with Mythical Games to create a new AAA mobile game. Announced at Consensus 2024, this partnership combines the beloved Pudgy Penguins characters with the high-quality gaming experience that Mythical Games is known for, such as their successful titles NFL Rivals and Blankos Block Party. The game, set to launch in 2025 on the Mythical Platform, promises to offer an immersive experience leveraging the whimsical lore and humor of the Pudgy Penguins. It aims to blend fun, playability, and accessibility, targeting both existing fans and new players. With Mythical Games' extensive experience in developing engaging blockchain-based games, the project is positioned to enhance the appeal of web3 technologies to mainstream audiences. This partnership represents an intersection where technology meets consumer entertainment in a novel way, but it also poses significant challenges. The primary challenge will be to ensure that the blockchain elements do not overshadow the fundamental aspects of what makes games enjoyable: story, graphics, and user engagement. The risk is that the technology could become a gimmick rather than an integral part of the gameplay. Another concern is the potential complexity blockchain technology introduces, which could alienate non-technical players. The balance between accessibility to a broad audience and the innovative use of blockchain will be crucial. The game's success will largely depend on its ability to integrate these elements seamlessly and intuitively. Moreover, the commitment to blockchain could influence the game's reception in an industry still skeptical of cryptocurrency's fluctuating markets and the tangible benefits of NFTs in gaming. This venture will serve as a case study for the viability of blockchain technology in enhancing gameplay and player engagement in the AAA gaming sphere. Looking Forward As this project unfolds, it will be important to monitor how effectively the game can harmonize traditional gaming elements with blockchain technology without compromising on quality. The broader implications for the gaming industry could be significant, offering insights into consumer readiness for blockchain-integrated entertainment and the potential shifts in game development practices. This initiative by Pudgy Penguins and Mythical Games could set a precedent for future developments at the intersection of blockchain and mainstream gaming. Whether this will lead to a broader acceptance and integration of blockchain technology in the gaming industry remains to be seen, and will undoubtedly be closely watched by industry analysts and participants alike. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Exploring the Integration of Blockchain in AAA Mobile Gaming Pudgy Penguins , known for their popular NFT collection, has teamed up with Mythical Games to create a new AAA mobile game. Announced at Consensus 2024, this partnership combines the beloved Pudgy Penguins characters with the high-quality gaming experience that Mythical Games is known for, such as their successful titles NFL Rivals and Blankos Block Party. Pudgy Penguins Mythical Games The game, set to launch in 2025 on the Mythical Platform, promises to offer an immersive experience leveraging the whimsical lore and humor of the Pudgy Penguins. It aims to blend fun, playability, and accessibility, targeting both existing fans and new players. With Mythical Games' extensive experience in developing engaging blockchain-based games, the project is positioned to enhance the appeal of web3 technologies to mainstream audiences. This partnership represents an intersection where technology meets consumer entertainment in a novel way, but it also poses significant challenges. The primary challenge will be to ensure that the blockchain elements do not overshadow the fundamental aspects of what makes games enjoyable: story, graphics, and user engagement. The risk is that the technology could become a gimmick rather than an integral part of the gameplay. Another concern is the potential complexity blockchain technology introduces, which could alienate non-technical players. The balance between accessibility to a broad audience and the innovative use of blockchain will be crucial. The game's success will largely depend on its ability to integrate these elements seamlessly and intuitively. Moreover, the commitment to blockchain could influence the game's reception in an industry still skeptical of cryptocurrency's fluctuating markets and the tangible benefits of NFTs in gaming. This venture will serve as a case study for the viability of blockchain technology in enhancing gameplay and player engagement in the AAA gaming sphere. Looking Forward As this project unfolds, it will be important to monitor how effectively the game can harmonize traditional gaming elements with blockchain technology without compromising on quality. The broader implications for the gaming industry could be significant, offering insights into consumer readiness for blockchain-integrated entertainment and the potential shifts in game development practices. This initiative by Pudgy Penguins and Mythical Games could set a precedent for future developments at the intersection of blockchain and mainstream gaming. Whether this will lead to a broader acceptance and integration of blockchain technology in the gaming industry remains to be seen, and will undoubtedly be closely watched by industry analysts and participants alike. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR. Vested Interest Disclosure: business blogging program business blogging program

Mythical Games to Develop AAA-Styled Pudgy Penguins Game for the Gaming Community

গেমিং সম্প্রদায়ের জন্য AAA-শৈলীর পুজি পেঙ্গুইন গেম বিকাশের জন্য পৌরাণিক গেমস

Mythical Games entwickelt Pudgy Penguins-Spiel im AAA-Stil für die Gaming-Community

Mythical Games desarrollará un juego Pudgy Penguins estilo AAA para la comunidad de jugadores

Mythical Games va développer un jeu Pudgy Penguins de style AAA pour la communauté des joueurs

माइथिकल गेम्स गेमिंग समुदाय के लिए AAA-स्टाइल पुडगी पेंगुइन गेम विकसित करेगा

Mythical Games がゲームコミュニティ向けに AAA スタイルの Pudgy Penguins ゲームを開発

게임 커뮤니티를 위한 AAA 스타일의 Pudgy Penguins 게임을 개발하는 신화적인 게임

Mythical Games desenvolverá jogo Pudgy Penguins no estilo AAA para a comunidade de jogos

Mythical Games разработает игру Pudgy Penguins в стиле ААА для игрового сообщества

Efsanevi Oyunlar, Oyun Topluluğu için AAA Stilinde Tombul Penguenler Oyunu Geliştirecek

Trò chơi thần thoại phát triển trò chơi chim cánh cụt Pudgy kiểu AAA cho cộng đồng trò chơi

Mythical Games 将为游戏社区开发 AAA 风格的 Pudgy Penguins 游戏

I Asked GPT-4o About AGI. It Was the Most Horrifying Answer of Them All.

The Marketing team serves as the company's storyteller, shaping and sharing its narrative with the world. Meanwhile, the product team crafts solutions that address specific needs and desires in the market. When Marketing and Product teams operate in silos, it can lead to disjointed campaigns, miscommunication, and missed opportunities. On the other hand, when these teams harmonize their efforts, the company delivers impactful solutions and weaves a consistent and compelling story, ensuring that offerings align with market expectations and that promotional endeavors strike a chord with the audience. The Important Role of Product Marketing Product Marketing is the link between the Marketing and Product teams. April Dunford, author of Obviously Awesome and Sales Pitch, underscores the holistic role of product marketing. For her, it's not just about highlighting a product's features but understanding and articulating its unique value within a broader market context. This demands a profound grasp of the market landscape, competitors, and a product's distinct value. Dunford believes effective messaging emerges from a comprehensive understanding of the market, the product's uniqueness, and the target audience. Essentially, product marketers must master the broader narrative, weaving together market dynamics and customer needs to create a compelling story. Based on the 2023 State of Product Marketing survey by the Product Marketing Alliance (PMA), several core responsibilities emerged as part of PMMs jobs: But while PMMs are pivotal in aligning Marketing and Product teams, not all organizations have dedicated professionals for this function. An aligned collaboration with the right routines and frameworks is vital to overcome this. Strategies and Best Practices for Distributing PMM Functions Organizations that recognize the value of bridging this gap often adopt a cross-functional approach, integrating members from Marketing, Product, Sales, and Customer Support to ensure a cohesive and customer-centric product journey from development to after-sale. This approach facilitates sharing valuable insights gathered from teams involved in customer-facing activities as they get this data through marketing surveys, social media interactions, customer support tickets, and direct product evaluations. The following practices could be used to bridge and distribute PMM functions across teams effectively: Strategic Alignment through Collaboration Meetings Establish regular meetings to discuss product roadmaps, establish feedback loops, and develop communications plans. These meetings ensure alignment on messaging and launches, inform product iterations and marketing strategies, and provide a platform for both teams to share insights and address concerns. Also, it's a must to align a "source of truth" to check on this data - such as a product analytics platform. Unified Goal Setting with Shared KPIs Establish shared Key Performance Indicators (KPIs) to unify the objectives of both teams. We foster a collective sense of purpose by aligning acquisition targets with essential product metrics. This approach ensures that both teams are consistently aware of any performance discrepancies and collaboratively strive to enhance these shared indicators. Shared Documentation and Early Marketing Engagement in Product Involve the marketing team from the start in defining product requirements. This early collaboration and a shared documentation repository ensure product features and strategies align with market insights and communication goals. This approach leads to more effective and coherent product and marketing efforts. Strategic Frameworks and Resources for Product and Marketing Synergy Some frameworks can help bridge the gap between product and marketing teams. The first goal is to understand your customer. 1. Understand your audience with the "Jobs to be Done" (JTBD) framework The "Jobs to be Done" (JTBD) framework is used to understand customer needs by identifying the 'job' a customer hires a product or service to do. This 'job' is the progress or solution a customer seeks in a specific situation. JTBD aligns product development with customer needs, ensuring that features address real problems. For marketing teams, it clarifies messaging, focusing on how the product fulfills the customer's job, leading to more effective communication strategies. How to Implement JTBD: Conduct Research: Engage in customer interviews and research to understand their challenges and objectives.
Identify Jobs: Define the specific jobs customers are trying to accomplish, whether functional, emotional, or social.
Apply Insights: Develop or refine products to complete these jobs better and tailor marketing messages to highlight this effectiveness. 2. Create a compelling product messaging with this 6-step framework from Wynter This framework is designed to create product messages that resonate deeply with your target audience. It involves understanding your audience's needs and clearly articulating the value of your product. The key advantage of this framework is its ability to align your product's messaging with customer expectations and market needs, enhancing the effectiveness of your communication and marketing strategies. How to Implement: Identify Your Audience: Start by thoroughly understanding who your target audience is.


Define Value Proposition: Clearly state what makes your product unique and beneficial.


Emphasise Benefits: Highlight how your product addresses your audience's needs and solves problems.


Develop Clear Messaging: Craft concise and impactful messages based on your audience's understanding and your product's value proposition.


Iterate Based on Feedback: Test your messages with the audience, gather feedback, and refine them.


Ensure Consistency: Keep your messaging consistent across all marketing channels. 3. Keep track of the Roadmap with the Simple Launch Tier Framework This framework is a straightforward method for guiding decisions on the scale of product announcements and the corresponding level of resources and marketing efforts required. It helps determine the priority of each announcement. The primary advantage of this framework is that it provides a consistent and fair method for prioritizing product announcements, ensuring that the level of effort and investment matches the importance of each launch. How to Implement: Assess Each Announcement: Evaluate the significance of each product launch or feature announcement.Determine Resource Allocation: Based on the assessment, decide the resources and marketing activity needed for each announcement.


Prioritise Consistently: Use this framework to maintain a consistent approach in prioritizing and investing in product announcements.


Review and Adjust: Regularly revisit your prioritizations in light of new information or changes in project status. 4. Launch your product with "Go-To-Market Strategist" by Maja Voje Product launches require nuanced strategies and market insights. One resource I found helpful for anyone navigating the complexities of launching new products effectively is the book "Go-To-Market Strategist" by Maja Voje. It provides valuable guidance and expert advice on market research, pricing, and marketing. The Marketing team serves as the company's storyteller, shaping and sharing its narrative with the world. Meanwhile, the product team crafts solutions that address specific needs and desires in the market. When Marketing and Product teams operate in silos, it can lead to disjointed campaigns, miscommunication, and missed opportunities. On the other hand, when these teams harmonize their efforts, the company delivers impactful solutions and weaves a consistent and compelling story, ensuring that offerings align with market expectations and that promotional endeavors strike a chord with the audience. The Important Role of Product Marketing Product Marketing is the link between the Marketing and Product teams. April Dunford, author of Obviously Awesome and Sales Pitch, underscores the holistic role of product marketing. For her, it's not just about highlighting a product's features but understanding and articulating its unique value within a broader market context. This demands a profound grasp of the market landscape, competitors, and a product's distinct value. Product Marketing Dunford believes effective messaging emerges from a comprehensive understanding of the market, the product's uniqueness, and the target audience. Essentially, product marketers must master the broader narrative, weaving together market dynamics and customer needs to create a compelling story. Based on the 2023 State of Product Marketing survey by the Product Marketing Alliance (PMA), several core responsibilities emerged as part of PMMs jobs: But while PMMs are pivotal in aligning Marketing and Product teams, not all organizations have dedicated professionals for this function. An aligned collaboration with the right routines and frameworks is vital to overcome this. Strategies and Best Practices for Distributing PMM Functions Organizations that recognize the value of bridging this gap often adopt a cross-functional approach, integrating members from Marketing, Product, Sales, and Customer Support to ensure a cohesive and customer-centric product journey from development to after-sale. This approach facilitates sharing valuable insights gathered from teams involved in customer-facing activities as they get this data through marketing surveys, social media interactions, customer support tickets, and direct product evaluations. The following practices could be used to bridge and distribute PMM functions across teams effectively: The following practices could be used to bridge and distribute PMM functions across teams effectively: Strategic Alignment through Collaboration Meetings Establish regular meetings to discuss product roadmaps, establish feedback loops, and develop communications plans. These meetings ensure alignment on messaging and launches, inform product iterations and marketing strategies, and provide a platform for both teams to share insights and address concerns. Also, it's a must to align a "source of truth" to check on this data - such as a product analytics platform. Unified Goal Setting with Shared KPIs Establish shared Key Performance Indicators (KPIs) to unify the objectives of both teams. We foster a collective sense of purpose by aligning acquisition targets with essential product metrics. This approach ensures that both teams are consistently aware of any performance discrepancies and collaboratively strive to enhance these shared indicators. Shared Documentation and Early Marketing Engagement in Product Involve the marketing team from the start in defining product requirements. This early collaboration and a shared documentation repository ensure product features and strategies align with market insights and communication goals. This approach leads to more effective and coherent product and marketing efforts. Strategic Frameworks and Resources for Product and Marketing Synergy Some frameworks can help bridge the gap between product and marketing teams. The first goal is to understand your customer. 1. Understand your audience with the "Jobs to be Done" (JTBD) framework The "Jobs to be Done" (JTBD) framework is used to understand customer needs by identifying the 'job' a customer hires a product or service to do. This 'job' is the progress or solution a customer seeks in a specific situation. JTBD aligns product development with customer needs, ensuring that features address real problems. For marketing teams, it clarifies messaging, focusing on how the product fulfills the customer's job, leading to more effective communication strategies. How to Implement JTBD: How to Implement JTBD: Conduct Research: Engage in customer interviews and research to understand their challenges and objectives. Identify Jobs: Define the specific jobs customers are trying to accomplish, whether functional, emotional, or social. Apply Insights: Develop or refine products to complete these jobs better and tailor marketing messages to highlight this effectiveness. Conduct Research: Engage in customer interviews and research to understand their challenges and objectives. Identify Jobs: Define the specific jobs customers are trying to accomplish, whether functional, emotional, or social. Apply Insights: Develop or refine products to complete these jobs better and tailor marketing messages to highlight this effectiveness. 2. Create a compelling product messaging with this 6-step framework from Wynter 2. This framework is designed to create product messages that resonate deeply with your target audience. It involves understanding your audience's needs and clearly articulating the value of your product. The key advantage of this framework is its ability to align your product's messaging with customer expectations and market needs, enhancing the effectiveness of your communication and marketing strategies. How to Implement: How to Implement: Identify Your Audience: Start by thoroughly understanding who your target audience is. Define Value Proposition: Clearly state what makes your product unique and beneficial. Emphasise Benefits: Highlight how your product addresses your audience's needs and solves problems. Develop Clear Messaging: Craft concise and impactful messages based on your audience's understanding and your product's value proposition. Iterate Based on Feedback: Test your messages with the audience, gather feedback, and refine them. Ensure Consistency: Keep your messaging consistent across all marketing channels. Identify Your Audience: Start by thoroughly understanding who your target audience is. Identify Your Audience: Start by thoroughly understanding who your target audience is. Define Value Proposition: Clearly state what makes your product unique and beneficial. Define Value Proposition: Clearly state what makes your product unique and beneficial. Emphasise Benefits: Highlight how your product addresses your audience's needs and solves problems. Emphasise Benefits: Highlight how your product addresses your audience's needs and solves problems. Develop Clear Messaging: Craft concise and impactful messages based on your audience's understanding and your product's value proposition. Develop Clear Messaging: Craft concise and impactful messages based on your audience's understanding and your product's value proposition. Iterate Based on Feedback: Test your messages with the audience, gather feedback, and refine them. Iterate Based on Feedback: Test your messages with the audience, gather feedback, and refine them. Ensure Consistency: Keep your messaging consistent across all marketing channels. Ensure Consistency: Keep your messaging consistent across all marketing channels. 3. Keep track of the Roadmap with the Simple Launch Tier Framework This framework is a straightforward method for guiding decisions on the scale of product announcements and the corresponding level of resources and marketing efforts required. It helps determine the priority of each announcement. The primary advantage of this framework is that it provides a consistent and fair method for prioritizing product announcements, ensuring that the level of effort and investment matches the importance of each launch. How to Implement: Assess Each Announcement: Evaluate the significance of each product launch or feature announcement.Determine Resource Allocation: Based on the assessment, decide the resources and marketing activity needed for each announcement. Prioritise Consistently: Use this framework to maintain a consistent approach in prioritizing and investing in product announcements. Review and Adjust: Regularly revisit your prioritizations in light of new information or changes in project status. Assess Each Announcement: Evaluate the significance of each product launch or feature announcement.Determine Resource Allocation: Based on the assessment, decide the resources and marketing activity needed for each announcement. Assess Each Announcement: Evaluate the significance of each product launch or feature announcement. Determine Resource Allocation: Based on the assessment, decide the resources and marketing activity needed for each announcement. Prioritise Consistently: Use this framework to maintain a consistent approach in prioritizing and investing in product announcements. Prioritise Consistently: Use this framework to maintain a consistent approach in prioritizing and investing in product announcements. Review and Adjust: Regularly revisit your prioritizations in light of new information or changes in project status. Review and Adjust: Regularly revisit your prioritizations in light of new information or changes in project status. 4. Launch your product with "Go-To-Market Strategist" by Maja Voje Product launches require nuanced strategies and market insights. One resource I found helpful for anyone navigating the complexities of launching new products effectively is the book "Go-To-Market Strategist" by Maja Voje. It provides valuable guidance and expert advice on market research, pricing, and marketing.

How to Bridge the Gap Between Marketing and Product Teams

Accelerated employment. Wage gains. Faster investment, more information and notable gains in productivity. These were all hallmarks of the 1990s, a period that looms large in the memories of those who witnessed this time of innovation and skyrocketing long-term growth. New technologies, like computers and software, gave rise to a greater reliance and utilization of networking. The internet first flashed its true potential. Information was suddenly accessible and storing it became cheaper and cheaper. The combination of personal computing and the internet catalyzed massive changes to industry, trade, finance and services. The economic sluggishness of the 1970s and 1980s finally folded, as technology prospered, inflation fell and poverty gave way to job gains. History certainly harmonizes. In many ways, the 1990s are primed to rhyme with today’s gains in artificial intelligence. Like the entrepreneurs of the early-1990s, we’re standing at the outset of a period that will see massive growth, productivity gains and the rapid transformation of business, creativity and data utilization. Across industries and around the globe, the promises of AI are already apparent. What’s left to us, today, is to ensure that AI operates in collaboration with workers, complementing our abilities and allowing us to make the most of an exciting and singular period in our lives. When AI Booms, Businesses Benefit By the close of 2023, AI had been mentioned more than 30,000 times on earnings calls. Society seemed to embrace AI overnight. Machine learning, technology that was often used to automate routine processes, started giving way to generative AI, technology that outputs specialized knowledge work. Just as the internet democratized access to information, AI is democratizing the context and insights we obtain from data. That adds up to productivity enhancements and demand for new skills. Similarly to how familiarity with personal computers became an expectation for professionals in the 1990s, today’s employers and business owners are beginning to hire workers who know their way around AI. Early adopters are already pushing the boundaries of what’s possible — and acceptable — with AI-generated images, videos, briefs, reports and marketing material. Like any boom, the Age of AI needs an energy source. Data licensing, which provides firms with access to information, will be the in-demand raw material in the years to come. Entrepreneurs and executives are already aware of its potential: AI data licensing was valued at $203 million in Reddit’s recent IPO, for example. What Comes Next? The internet fundamentally changed our world in the 1990s. It changed the language we used, the way we interacted with one another and how we thought about the world. It changed the jobs we coveted and ways we studied. The same is happening today. AI is already leading to productivity gains, which in turn explains why the market is optimistic about stock prices and valuations. Inflation is coming down and output is on its way up. The prospects of high interest rates aren’t as intimidating today as they were two years ago, and the near-zero interest rates of March 2022 seem like ancient history. Cyclical sectors that benefit from a strong economy are outperforming defensive sectors and there’s an appetite for even the riskiest of corporate bonds. In the financial services sector, AI is already generating a positive impact. The disjointed client experiences of yesterday are giving way to smoother, more client-friendly portals, workflows and interactions. Most significantly, AI is enabling financial advisors to collect, organize and retain volumes of information that allow delivery of more targeted and relevant solutions. AI is also helping HR departments, back office personnel and technology vendors, leading to better client service and stronger adherence to rules and regulations, according to a recent report. AI isn’t all hype; it’s not something to be afraid of, either. Our AI Chapter Will be Long and Prosperous On a macro level, we should stand ready to capitalize on the collective benefits we’ll reap from our AI productivity boom. Remember the budget surpluses of the late-1990s? We, too, are poised at the edge of a period of growth. In the years ahead we’ll see lower core inflation, tracking at or below the Fed’s 2% target. We will also see improving corporate profits that will lead to higher equity valuations, enabling millions of investors to retire comfortably and creating a wealth effect that supports consumption, which accounts for 70% of economic activity. Perhaps most importantly, rising equity markets will generate capital gains tax revenue, meaning smaller deficits at both the federal and state level. This will support government spending without the need for tax increases, leading to widespread improvements including social security solvency along with critical investments in healthcare, defense, infrastructure and education. Capital market assumptions and portfolio construction are already changing in anticipation of this new reality. In part, AI is producing smarter investing, even as it brightens the overall economic picture in vivid detail. In the financial services sector, AI adds the most value when used as a collaborative tool within teams of experts. It’s not meant to replace us; rather it’s meant to enable, enliven and strengthen our decision making, the relationships we form and the world we are ambitiously building for tomorrow. We’re yet to see the full impact of AI across industries, but it’s already changing our lives for the better, in much the same way that the internet, mobile devices and mobile payments have in recent decades. Accelerated employment. Wage gains. Faster investment, more information and notable gains in productivity. These were all hallmarks of the 1990s, a period that looms large in the memories of those who witnessed this time of innovation and skyrocketing long-term growth. New technologies, like computers and software, gave rise to a greater reliance and utilization of networking. The internet first flashed its true potential. Information was suddenly accessible and storing it became cheaper and cheaper. The combination of personal computing and the internet catalyzed massive changes to industry, trade, finance and services. The economic sluggishness of the 1970s and 1980s finally folded, as technology prospered, inflation fell and poverty gave way to job gains. History certainly harmonizes. In many ways, the 1990s are primed to rhyme with today’s gains in artificial intelligence. Like the entrepreneurs of the early-1990s, we’re standing at the outset of a period that will see massive growth, productivity gains and the rapid transformation of business, creativity and data utilization. Across industries and around the globe, the promises of AI are already apparent. What’s left to us, today, is to ensure that AI operates in collaboration with workers, complementing our abilities and allowing us to make the most of an exciting and singular period in our lives. When AI Booms, Businesses Benefit When AI Booms, Businesses Benefit By the close of 2023, AI had been mentioned more than 30,000 times on earnings calls . Society seemed to embrace AI overnight. Machine learning, technology that was often used to automate routine processes, started giving way to generative AI, technology that outputs specialized knowledge work. Just as the internet democratized access to information, AI is democratizing the context and insights we obtain from data. 30,000 times on earnings calls on earnings calls access context and insights That adds up to productivity enhancements and demand for new skills. Similarly to how familiarity with personal computers became an expectation for professionals in the 1990s, today’s employers and business owners are beginning to hire workers who know their way around AI. Early adopters are already pushing the boundaries of what’s possible — and acceptable — with AI-generated images, videos, briefs, reports and marketing material. Like any boom, the Age of AI needs an energy source. Data licensing, which provides firms with access to information, will be the in-demand raw material in the years to come. Entrepreneurs and executives are already aware of its potential: AI data licensing was valued at $203 million in Reddit’s recent IPO, for example. What Comes Next? What Comes Next? The internet fundamentally changed our world in the 1990s. It changed the language we used, the way we interacted with one another and how we thought about the world. It changed the jobs we coveted and ways we studied. The same is happening today. AI is already leading to productivity gains, which in turn explains why the market is optimistic about stock prices and valuations. Inflation is coming down and output is on its way up. The prospects of high interest rates aren’t as intimidating today as they were two years ago, and the near-zero interest rates of March 2022 seem like ancient history. Cyclical sectors that benefit from a strong economy are outperforming defensive sectors and there’s an appetite for even the riskiest of corporate bonds. In the financial services sector, AI is already generating a positive impact. The disjointed client experiences of yesterday are giving way to smoother, more client-friendly portals, workflows and interactions. Most significantly, AI is enabling financial advisors to collect, organize and retain volumes of information that allow delivery of more targeted and relevant solutions. AI is also helping HR departments, back office personnel and technology vendors, leading to better client service and stronger adherence to rules and regulations, according to a recent report . AI isn’t all hype; it’s not something to be afraid of, either. a recent report a recent report Our AI Chapter Will be Long and Prosperous Our AI Chapter Will be Long and Prosperous On a macro level, we should stand ready to capitalize on the collective benefits we’ll reap from our AI productivity boom. Remember the budget surpluses of the late-1990s? We, too, are poised at the edge of a period of growth. In the years ahead we’ll see lower core inflation, tracking at or below the Fed’s 2% target. We will also see improving corporate profits that will lead to higher equity valuations, enabling millions of investors to retire comfortably and creating a wealth effect that supports consumption, which accounts for 70% of economic activity. Perhaps most importantly, rising equity markets will generate capital gains tax revenue, meaning smaller deficits at both the federal and state level. This will support government spending without the need for tax increases, leading to widespread improvements including social security solvency along with critical investments in healthcare, defense, infrastructure and education. Capital market assumptions and portfolio construction are already changing in anticipation of this new reality. In part, AI is producing smarter investing, even as it brightens the overall economic picture in vivid detail. In the financial services sector, AI adds the most value when used as a collaborative tool within teams of experts. It’s not meant to replace us; rather it’s meant to enable, enliven and strengthen our decision making, the relationships we form and the world we are ambitiously building for tomorrow. We’re yet to see the full impact of AI across industries, but it’s already changing our lives for the better, in much the same way that the internet, mobile devices and mobile payments have in recent decades.

We’ve Been Here Before: The Impacts of Today’s Age of AI

আমরা আগে এখানে এসেছি: আজকের এআই যুগের প্রভাব

Das haben wir schon einmal erlebt: Die Auswirkungen des heutigen Zeitalters der künstlichen Intelligenz

Ya hemos estado aquí antes: los impactos de la era actual de la IA

Nous sommes déjà venus ici : les impacts de l’ère actuelle de l’IA

हम पहले भी यहां आ चुके हैं: आज के एआई युग का प्रभाव

これまでにも同じようなことが起こっていた: 今日の AI 時代の影響

우리는 전에도 여기에 있었습니다: 오늘날 AI 시대의 영향

Já estivemos aqui antes: os impactos da era atual da IA

Мы были здесь раньше: влияние современной эпохи искусственного интеллекта

Daha Önce Buradaydık: Günümüzün Yapay Zeka Çağının Etkileri

Chúng tôi đã từng ở đây trước đây: Tác động của thời đại AI ngày nay

我们曾经经历过这样的事情：当今人工智能时代的影响

How to Build an End-to-End ML Platform

The SaaS market keeps soaring rapidly, and global is expected to reach $232 billion by the end of 2024, a testament to its widespread adoption across industries. But within SaaS, there is a field-specific approach - vertical SaaS, a customized fit that addresses the individual demands and challenges of concrete sectors. SaaS revenue Vertical SaaS emerges as a beacon of specialization and customization as the continues its meteoric rise. While horizontal SaaS solutions provide broad functionality applicable across various sectors, Vertical SaaS takes a surgical approach, crafting bespoke applications finely tuned to the demands of markets. SaaS business model This tailored strategy not only ensures alignment with sectoral workflows and regulations but also fosters deeper engagement and loyalty among users. In an era where personalization reigns supreme, Vertical SaaS exemplifies the power of niche focus within the expansive , driving innovation and value creation in specialized domains. SaaS ecosystem Vertical SaaS Benefits As industries become more specialized and competitive, the need for customized software solutions is growing. In this setting, Vertical SaaS is a valuable asset, offering targeted features and unmatched advantages: Field-Specific Functionality: It is focused on selected fields and meets their requirements. It streamlines workflows, manages teamwork, and solves problematic issues faced by. Cost Savings Opportunities: While SaaS may have a higher upfront cost due to its specialization, it provides long-term savings; Tailored decisions reduce unnecessary features and expenses. Reduced Competition: This operates in a niche, facing less direct competition. This allows providers to focus on quality and industry expertise. Low Customer Churn: Custom solutions lead to higher customer satisfaction and retention. Customers appreciate tailored features that align with their unique requirements. High Growth Potential: With the development of the technology landscape, Vertical SaaS can adapt and expand within its niche. The potential for growth remains significant. Increased Customer Trust: Field-focused solutions build trust with customers. Companies value suppliers who understand their business needs. Difference From Horizontal SaaS Model Vertical SaaS and horizontal SaaS represent divergent strategies in software delivery, tailored to meet distinct market demands. Horizontal SaaS provides versatile solutions with broad industry applicability, fostering adaptability and scalability. Conversely, Vertical SaaS focuses on finely tuned offerings crafted for niche markets, tackling specialized challenges with exactitude. This comprehension is pivotal for businesses aiming to maximize the efficacy of software investments and harmonize them with strategic goals. Delve deeper into the unique traits of these methodologies in the subsequent analysis: Industry Focus: Vertical SaaS is­ highly specialized to mee­t the unique require­ments, regulations, and workflows of particular sectors, such as he­althcare, finance, or real e­state. In contrast, horizontal SaaS offers broad functionalities that are­ applicable across diverse fields. Functionality: Ve­rtical SaaS platforms are designed with a spe­cific area focus. They streamline proce­sses, manage workflows, and tackle spe­cialized missions within a particular vertical. On the othe­r hand, horizontal SaaS solutions offer a more extensive spectrum of ge­neral business functions that can be used and use­d across various sectors. Customization: Vertical SaaS are­ easy to configure, and tailored to the unique­ needs of the spe­cific field they serve. They provide targeted solutions that close­ly align with the industry's requireme­nts. Horizontal SaaS, on the other hand, gene­rally offers more standardized fe­atures and configurations that cater to a broader audie­nce. While they may have­ some customization options, the leve­l of customization is typically lower compared to Vertical SaaS. Compe­tition: Vertical SaaS operates within a niche­ market, facing less direct compe­tition due to its specialized nature­. This allows providers to focus on delive­ring quality and establishing themselve­s as industry experts. Horizontal SaaS faces more­ competition in the broader marke­t, with numerous providers offering similar ge­neral-purpose solutions. This competition can be­ intense, leading to price­ wars and commoditization of services. Customer Base­: Vertical SaaS attracts customers in these sectors who value targeted decisions that match their goals. Horizontal SaaS appeals to a diverse array of businesses across industries, attracting customers looking for versatile tools that can be applied to different aspects of their operations. Examples of Vertical SaaS Companies Riskalyze (Nitrogen Platform) Financial Services Industry: Riskalyze provides a Vertical SaaS solution that helps financial advisors: Product: Manage 401(k) plans; Analyze investment risks; Create investment portfolios. Notable Feature: Their alignment tool allows advisors to measure risk capacity and tolerance, as well as portfolio risk on a scale from 1 to 991. It empowers firms to transform fearful investors who make bad decisions into fearless investors who make great decisions. These great decisions fuel advisory firms to deliver amazing long-term financial outcomes, turning prospects into lifelong clients. Applied Epic Insurance Industry: Applied Epic is a cloud-based software designed for independent insurance agencies. It offers a comprehensive suite of features to streamline agency operations and enhance efficiency. Product: Notable Feature: Applied Epic provides automated workflows that allow agencies to manage various aspects of their business seamlessly. These workflows cover: Property management; Sales tracking; Revenue management; Customer service deliveries; Integrated group texting; Data control. Users appreciate Applied Epic’s user-friendly dashboard that simplifies navigation and access to critical information. The software’s intuitive design ensures that insurance professionals can efficiently handle day-to-day tasks. Applied Epic empowers insurance agencies to operate easily, manage properties, track sales, and handle revenue—all within a single platform. ClearCare Industry: Health and Care. Product: ClearCare, based in the United States, provides a health and care solution. They offer: Electronic medical care records; 100% automatic labs for ease and swiftness. ClearCare's client relationship management software assists home care agencies by streamlining electronic health care records, including e-charts, e-prescriptions, and automated lab processes. By offering field-specific functionality, ClearCare exemplifies the power of vertical SaaS in meeting the distinct demands of healthcare providers.

What Is a Vertical Saas?

Systems Interoperability Types: The Results of Our Tertiary Study and What It All Means

HARMONIZE

harmonizehq.com

-- employees

Since n.d.

COMPANY RANKING

HARMONIZE

EVERGREEN INDEX #5207

Representing this company? Click here to claim and customize this page!

Harmonize WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!

HARMONIZE

harmonizehq.com

-- employees

Since n.d.

COMPANY RANKING

HARMONIZE

EVERGREEN INDEX #5207

RELATED COMPANIESRANK

STORIES ABOUT HARMONIZE

Representing this company? Click here to claim and customize this page!

Harmonize WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!