HomeGround analyzes key cricket training metrics from live/recorded training sessions for coaches and players of any level

HomeGround

Hey Hackers, HackerNoon is a media partner at WOW Summit Hong Kong and we want to tell you all about the upcoming Web3 event, should you find yourself in the APAC region. After successful editions in Dubai, UAE, and Lisbon, Portugal, WOW Summit Hong Kong will become a flagship full-scale Web3 event in the APAC region in 2023. The conference will host over 5000 attendees on March 29-30 at a world-class venue AsiaWorld-Expo. WOW Hong Kong is supported by government institutions - Invest Hong Kong and Hong Kong Tourism Board - and will be co-hosted by the well-known blockchain ecosystem players - , and . The founder of MaGESpire, Bowie Lau, is one of the in Hong Kong by Tatler Asia. Uvecon.VC MaGESpire biggest Web3 names said Bowie Lau, the founder of MaGESpire. "Thrilled and excited to return to the Web3 arena as a co-host of the blockbuster WOW Summit 2023, Hong Kong edition, one of the biggest and the brightest Web3 conferences in the APAC region, filled with thought leaders, trailblazers, and industry experts looking to shape the future of the industry. Hong Kong, as the home ground to the world's largest Web3 Gaming and Metaverse players, has always treaded with cautious optimism when it comes to crypto and Web3 and largely avoided the fallout of the Crypto Winter. But with an increasingly supportive regulatory stance and the open embrace of Metaverse, Hong Kong is positioned well to re-claim its leadership in the Web3 space!" What to Expect Top industry leaders, developers, startups, VCs, funds, corporates, and creators will gather at WOW HK to discuss the hottest topics in the space, network, and harness new business opportunities. Hong Kong is made for tech gatherings, and Web3 is booming here. WOW Summit Hong Kong is the first full-scale Web3 event since the city's reopening after Covid. Attendees can expect the talks and fireside chats on the Web2-to-Web3 transition and the future of the internet, blockchain adoption, real assets tokenization, NFT and Metaverse use cases, CBDC, regulations, and more. Renowned speakers, such as Yat Siu (Co-Founder & Executive Chairman at Animoca Brands), Benedicte N. Nolens (Head of BIS Innovation Hub HK Centre), Dave Chapman (Executive Director at BC Group), Angelina A. Kwan (CEO at Stratford Finance Limited), Duncan Wong (CEO at CryptoBLK), Gillian Howard (Founder & Fair Director at Digital Art Fair) among others, will break the talks on the stage. NFT Art﻿, Startup Competitions, and More Talented artists from across the globe will present their work at the NFT and Digital Art Exhibition. In addition, startups building in Web3 will have a chance to participate in a , pitch in front of well-known funds, VCs, and corporate partners, and get grants for their project development. and are among the main partners of the event. startup competition Brinc OLN Law said Ivan V. Ivanov, CEO of WOW Summit, Partner of UVECON.VC. "The transition from Web2 to Web3, from centralized services to decentralized, is happening now despite the global recession, crypto winter, and uncertainty. Technological progress is unstoppable. Data privacy, end-user data ownership, access to financial products for the unbanked, digital property rights, new tools for customer loyalty management, DAO, and metaverse development - these are the trends of the third decade of the 21st century. Hong Kong has reopened its borders and introduced a new vision on Web3 and virtual assets, welcoming tech companies from all over the world. I'm excited to bring WOW Summit here to boost the transition to Web3; WOW things will happen here!" Summit Date March 29-30 is perfect timing for , as it will happen between two other popular events - Art Basel HK and Hong Kong Sevens, when the city will buzz and crave more entertainment. Besides the conference, several side events will offer more casual networking throughout the week, they will be announced on the WOW Summit’s . WOW Hong Kong website WOW Summit HK promises to be extraordinary and accommodate dozens of top Web3 companies, partners, publishing houses, VCs, speakers, and influencers. It is a must-visit Web3 event in 2023 for the global change-makers building a new world. Reserve your tickets on . the official website

WOW Summit Web3 Conference is Coming to Hong Kong in 2023

Another Softbank Portfolio Company That Has Toxic Culture and No Clear Path to Profitability “The culture is really very toxic.” Those were the words of Mohammad Jahanzeb Gul, who supervised 23 Oyo properties for nine months since January 2019. In a startup growing so blazingly fast even after almost a decade since its founding, Jahanzeb often found himself staring at the computer all day and night to meet deadlines. In this growth stage, current and former works are feeling the increasing pressure, which brought about a slew of toxicity. Some, are simply the inherent nature of a growth-stage startup. Some, are simply criminal acts. Regardless of how Oyo spins their press release to claim that they are ensuring strict adherence to their Code of Conduct, it was clear that those mandates were either riddled with wrongdoings or lacking a moral compass. To some, it contributed to their decision to leave. “There’s something called integrity,” said Saurabh Mukhopadhyay in a New York Times article, “I can’t compromise on that.” It is clear why Mukhopadhyay would resign from the company: Oyo was rife with non-compliant, fraudulent and predatory business practices. Just last year, Oyo founder Ritesh Agarwal and his representatives were under a criminal breach of trust, after a hotelier alleged that the trio cheated him of about US$149K. booked by Bengaluru police In another report, a Bengaluru hotelier cited criminal conspiracy, abetment and criminal breach of trust. He claimed that Oyo , then marking them as no-show or cancellations, just to give the illusion that the hotel is being booked constantly. frequently created non-existent room bookings The company also frequently withheld payments from hotel owners: in some cases, they wanted to squeeze hotel owners into renegotiating contracts that it deemed unprofitable. In other cases, the company wanted to save money, figuring that most owners would not press for full payment. “If 1,000 people shout, we will pay 200.” That also contributed to Saurabh Sharma’s decision to leave, who was the operations manager from 2014 to 2018. “If 1,000 people shout, we will pay 200,” as some Oyo managers told Sharma. The fraudulent, predatory practices don’t just stop there. According to The New York Times, Oyo often listed thousands of rooms from unlicensed hotels and guesthouses. According to Mukhopadhyay, under the pressure to add new rooms, employees even brought hotels that lacked air-conditioning, water heaters or electricity onto the platform. These unavailable properties were inserted complete with fake photographs. It’s all one giant shell game, despite Agarwal claiming to be devoid of . “corporate governance issues” As such, Oyo is now facing a series of regulatory investigations and legal run-ins, as evidenced by their with the Competition Commission of India. prima facie case Across the country, hoteliers are dropping off from the platform in the hundred. Hotel and restaurant associations in Gujarat, Mumbai, Delhi, and other major India cities are also boycotting their booking portal . To top it off, Agarwal himself is being sued by hoteliers too. Betz Fernandez, the owner of Bengaluru-based Roxel Inn, claimed that for the last five months. Oyo has not paid rent Yet, to Oyo, they would rather placate the authorities by giving the police and other government officials free rooms on request, according to a WhatsApp group in which The Times reviewed. This was despite , former Oyo CEO and current board member, claiming that they “do not encourage or involve [themselves] in any kind of bribery or graft.” Aditya Ghosh With all the contradictory statements and legal disputes, Oyo is now, very obviously, falling apart. Cracks in the business model and depleting war chests are quickly making it . look like Softbank portfolio company (and counterpart) WeWork Agarwal may be optimistic about his company, even though he claimed to not have guidance on . Unfortunately, the reality is that WeWork’s troubles have , from bleeding billions per year down to the . “when [they] will be profitable” quickly spiraled out of control smallest of things Oyo is looking like they’re on the highway to WeWork-land and they have broken the speed limits a long time ago. Yet Another Bubble Priming to Pop “ ”—a quote by the aforementioned Oyo operations manager in this story—seems less like a prophecy and more of a fact at this point when you look at the burgeoning losses and questionable financial practices. It’s a bubble that will burst Despite so, Agarwal claims that it is “ before getting [to profitability]”. only a matter of time A valuation report filed by the company with the Registrar of Companies showed something entirely different, as Oyo’s operating expenses ballooned by 390%, resulting in a $331 million net loss. Besides hemorrhaging in their homeground India, efforts to expand overseas have also flopped. In Japan, their “Project Yukichi” code-named sales initiative . Yahoo Japan even between them and Oyo December last year. failed to reach ambitious goals exited the joint venture Ambitions in China are also marred as Oyo prepares to , according to China news site 36Kr, to which Oyo . Yet, China alone accounted for about in 2019. layoff at least half of its China team heavily denies 40% of Oyo’s company-wide losses Softbank’s Shakiest Bet No matter how you look at it, Oyo is burning cash faster than they can produce them. While observers may marvel at Oyo’s meteoric expansion, the unfettered growth came at a heavy price. As the in the world, Oyo has transformed from a lodging startup to a terribly pieced conglomerate. third-largest hotel chain Despite mounting losses, Oyo still managed to acquire @Leisure Group for and Las Vegas Hooters for . They also made their foray into , , , , , and even . $415 million $135 million co-working homes resorts vacation rentals weddings cloud kitchens With Agarwal’s fervent product diversification, it seems like the capital moat they had is gradually drying up. That’s unfortunate news, as Masayoshi Son recently told Oyo and other loss-making Indian startups in a private gathering: , with a for an IPO in the United States. get profitable before IPO hard deadline of 2022–2023 If Oyo were to survive till their IPO and actually make their public debut unlike , what kind of multiple would they have? Unlike most startups, Oyo has seemingly inflated its valuation artificially they raised money through . embattled co-working giant WeWork loans backed by pledged shares After taking out bank loans pledged by his stake in Oyo, Argawal bought back shares worth $1.5 billion from venture capital investors Sequoia Capital India and Lightspeed Venture Partners. A consortium of Japanese financial groups including Nomura and Mizuho helped to finance Agarwal’s purchase. It’s an unusual transaction as Argawal puts more skin in the game—a show of faith in the business model by giving the company more resources to grow with all the risk shouldered by the founder himself. After WeWork’s at the end of 2019, we’re now looking at Oyo potentially experiencing the same. spectacular implosion Oyo previously enjoyed huge growth as they undercut themselves to get more hoteliers on the platform, yet, with profitability in mind, they would even withhold payments just to save money. Public market disappointments like Uber, Lyft, and Peloton have also shifted the needle in the startup scene. Coupled with a and , more than anything. tepid global economic outlook tightened venture capital funding entrepreneurs now need to focus on profits As such, Softbank’s bet on Oyo seems to be one of the most uncertain in their portfolio. However, the Japanese conglomerate is still blazing forward with their “gutsy” investment choices, despite their new tech fund , according to the Telegraph. falling shy of their target Softbank is still dishing out big checks , according to Pitchbook, with about 85% of the Vision Fund being deployed in unique deals. With an operating loss of $8.9 billion in the fund, Softbank needs more financial commitments to keep its investment strategy going. Unfortunately, the likes of Microsoft, Amazon, and Foxconn are not able to give them Vision Fund 2; Softbank has only announced Kazakhstan’s sovereign wealth fund in the mix, with no Saudi Arabian and Abu Dhabi money in sight. Rather than claim that Oyo’s financial sheets will sort themselves out in time, it would be more realistic to expect their downfall. Oyo needs to shave off their loss-making ancillary business as soon as possible, double down on the regions most likely to make a profit in the short term, then fix their culture issues. Regardless, turning their circumstances around is going to be extremely tough. Despite having more customers check in to Oyo, more hoteliers are checking out, joining other platforms or going independent. In a battle for market supremacy, winning that battle in the first decade may prove to be Oyo’s reason to losing it in the next decade.

OYO Rooms is Going to Be India's WeWork: A Case Study

Just like how Amazon is no longer about books, Uber is no longer about booking a car ride. That is what Dara Khosrowshahi, Uber CEO, hosted by the Economic Club of New York. Like how Amazon is establishing dominance in different market sectors, Khosrowshahi believes that Uber can do the same in all areas of transport. It can be private hire cars, taxi, scooter, the subway, freight and even flying vehicles. In his head, he envisions a world of making everything shared, affordable, and a solution to . He also envisions a world of delivering food from any restaurant in under 30 minutes. described in a talk worsening traffic congestion The difference is in the means. Rather than build the technology themselves, Khosrowshahi wants to build partnerships instead. It demands a “different attitude”. Unfortunately, this will have a very tough time building that sort of ecosystem out. Khosrowshahi’s lofty goals are pretty much blocked by regulatory and financial obstacles even after Uber from its initial public offering. The problem is, they have made 75% of that in losses, reporting a loss of in the last quarter and losing another this quarter—that is despite reporting a 30% growth in revenue. household name pocketed $8.1 billion more than $5 billion $1 billion Since upending the transportation industry and setting a precedent of tech unicorn IPOs, Uber is now facing rough, stormy seas around some of its major markets. Uber can no longer haphazardly and to fight “ ”—termed by then-CEO Travis Kalanick. go for growth skirt regulations an asshole named Taxi Uber may be liable for a which they argued that should be borne by drivers and not the company. $1.97 billion VAT bill London after discovering 14,000 trips being taken with drivers that banned Uber again faked their identity Chicago passed a on ride-hailing services that can add as much as $3 to private rides during peak hours congestion tax Drivers now have minimum wage under the “ ” program in Seattle while also taxing Uber more Fare Share Uber drivers are not independent contractors, according to New Jersey, who slapped worth in taxes and penalties Uber with $640 million It is a lay-off season for unprofitable startups and Uber is not excluded: another off with many being relocated. Khosrowshahi promises that it will be the ‘last wave’, but reality and balance sheets do not care about waves 350 employees will be laid It is catastrophe one after another as Uber sinks lower with every setback. Yet, Khosrowshahi is still optimistic. Will that positivity hold against reality? Ride-sharing Competitors Are Everywhere Uber may have upended the transportation market but it is still anyone’s game. There is virtually no moat between one app and another, apart from pricing points, membership perks and suchlike. Consumers are free to choose between them and another private hire provider. Due to that, most of Uber’s money is spent to aggressively dominate the market especially in Asia, which is home to more than 1.12 billion trips in 2018. According to ABI Research’s y, that constitutes 70% of the world’s ride-hailing market share. latest stud Unfortunately, Uber’s battles had the company spilling too much blood. In Southeast Asia, bought out Uber’s operations in a merger deal, which prompted a to emerge in SEA in attempt to break the ‘monopoly’ between Grab and Indonesia-based Gojek. Singapore-based Grab whole slew of competitors Uber has also exited from other markets—in China, they lost to . Uber is still , Ola Cabs. Uber also retreated from Russia due to Yandex.taxi. rival Didi Chuxing scrambling alongside Bengaluru-based unicorn While Uber has shares in those companies—which thus means their value will rise when their competitors’ do—it also means that they lost market supremacy in many major markets. According to their S-1 filing, Uber claimed to only have owned operations in the Americas, Oceania, Europe, India, and the Middle East. With more competitors at home ground and emerging in new markets, Uber’s already thin market dominance may be threatened even more. The Race to Be a Super App Two years ago, Guangzhou unveiled a . Residents there will have a virtual ID card that serves the same purpose as their state-issued ID linked to their WeChat accounts. pilot program Launched by Tencent Holdings in 2011, WeChat has now become what many know as a . It unites multiple essential functions in a single mobile application, from to . Besides convenience, WeChat has also brought an where more than a billion users cannot live without it. Super App hailing private hire cars transferring money era of change Down in Southeast Asia, in Indonesia have Gojek installed on their phones. Unlike WeChat, Gojek is in a as Singapore-based Grab slowly unveils their own super app plan. one in two people war for supremacy The operating system for everyday life, as Khosrowshahi envisioned, is what Uber aims to be today. Gojek has become more than just an Uber of the East—today, Uber needs to be the Gojek of the West. Fortunately, rivals in Asia have already showed Uber the path to follow beyond mobility services. How Fast Can They Deliver food? At the Forbes 30 under 30 Summit, Uber unveiled a small, sturdy white drone, intended to help Uber Eats delivery drivers . That is great, but Uber is still (with analysts expecting that to be that way for the next five years). send the food even faster losing money on every order The $125.8 billion food delivery market is just as the transportation market, with huge delivery players like Foodpanda, Grubhub, Deliveroo and Just Eat. Other rival competitors such as Grab and Gojek also offer their own food delivery service. as crowded As these food delivery companies pedal furiously to send food to their customers, they are also peddling towards growth. There is the race for creating a sticky platform—there are no moats between one application and the other. Consumers can simply switch between one application to another simply due to price point and type of food. The Saturation in the Bike And Scooters The mobility market is huge and Uber wants a slice of even micro-mobility, which includes bikes and scooters. In the US alone, it is predicted to be a . To capture this market, Uber bought over bike-sharing startup Jump for nearly . $200B — $300B market by 2030 $200 million Months later, electric bikes and scooters are . Los Angeles to Uber’s plea to rent out electric scooters and bikes, so Uber is responding with appeals. Meanwhile, Bird and Lime are operating well in the city. pulled out from two cities said ‘no’ Competition is also heavy in this space. Uber won the bid to in Washington D.C., but so did Lyft, Skip, and Spin. Residents don’t really like it, and there are by lawmakers. deploy up to 10,000 e-scooters demands for safety regulations The micro-mobility space is not one without its own issues. Different market pose different challenges—some of them even outrightly ban it. France has riding on pavements. In Singapore, an e-scooter ride crashed and killed a pedestrian, prompting a . banned e-scooters nationwide ban Each problem poses more costs for Uber. While Uber can skirt around dealing with the issue directly and go for partnerships, that is simply an illusion of a market share. The company needs to directly deploy their own micro-mobility vehicles into the city but at the end of the equation lies the support of the city: without permits, there is no chance of even . capturing a single percent Fighting for Airspace With plans for a in 2023, Uber is now deep in talks with NASA on how they can have effective airspace management. Thus far, Uber has been using helicopters—with their —but the company insists that they will be . flying taxi service own slew of problems replaced by eVTOL vehicles Uber is not the only player in the space: in fact, there are competing for this flying-car moonshot, with Airbus and even Google’s co-founder Larry Page accumulating their chess pieces. many startups The problem is in economics: will it actually give more returns to Uber if flying taxis become a norm? With so many players in the space, there will definitely be regulatory concerns as companies will be figuring out how their vehicles can navigate around one another. In essence, it is a microcosm of the world of airplanes. An admirable ambition but nonetheless, an expensive high-risk bet. Besides facing competition at home, future expansion plans will have to be adjusted to face —which also means more regulations, laws, and authorities to face. rivals in different countries Self-Driving Vehicle Crashes Early Monday morning in Tempe, Arizona, the life of 49-year-old Elaine Herzberg was by a self-driving Uber. The female pedestrian was struck by the car, which sparked a series of investigations about Uber’s autonomous vehicle masterplan. taken away That plan, apparently, . Vehicles were not programmed to react to jaywalkers and according to the National Traffic Safety Board’s study, the reasons than just that. excluded formal safety plans run way deeper The impact was also fatal to Uber’s autonomous vehicle plans as they scale back their ambitions. Operations in Arizona were with 300 operators laid off. after in Pittsburgh. Today, Uber is still with plans to operate driverless services by 2022. That also comes with a $20 million monthly loss. shuttered More were laid off testing more self-driving cars While Uber is tempering their expectations, companies all over the world are pouring more money to win the . Khosrowshahi may have to face off Elon Musk, as the Tesla CEO intends to develop driverless cars to operate commercially in a . At this point, Uber needs a breakthrough; without overwhelming success in this sector, those self-driving car dreams may be attained by others first. All these companies need to do is to simply clone the Uber application, which many agencies are already doing anyway. self-driving car race ride-hailing network Freighting Against Freight Powerhouses Up against freight giants like DAT Mobile and rival competitor to become a unicorn, Uber Freight is haemorrhaging they are earning. Problem is, Uber shares 99% of gross revenue with carriers and it backed itself to the corner with that. Taking on the typical early-stage startup growth method, Uber Freight has taken on huge risks. Convoy raising $400m $1.36 for every dollar When profitability becomes a focus, there is a chance that carriers become alienated. Legacy logistic companies like Coyote Logistics and C.H. Robinson are also launching their own digital freight matching services—according to , they are the top few applications that carriers regularly used. The aforementioned competitor Convoy is standing in the runner-up pedestal. CarrierLists Definitely, the digital brokerage is anyone’s game, unlike the incumbent-dominated freight market space. However, simply because it is anyone’s game, there is no real moat between one app and another. Users can simply switch between one another, which means a real uphill struggle for market supremacy. Uber may have to tamper their ambitions or double down, which will leave their coffers lighter than it already is. It is a battle of balance at this point. Uber needs to find the maximum amount of money they can burn without sinking, while also fuelling their ever-aggressive growth. With other unicorns like WeWork serving as a great case study, Uber must also keep their balance sheets in check lest they become owned by one of their investors. At this point, it is clear the Wall Street is not forgiving and public investors are not entertaining private valuations—essentially, those valuations are what investors they are worth. The year of the unicorn may come to an end with disappointing IPO and post-IPO performances like: think Money-losing Snap may have overtaken their but time is ticking: they’ve got three more years before they ; debut IPO price run out of cash Cannabis company Tilray’s stock reached $180 at an all-time high—today, it’s 10x less, with on the way; more regulatory problems Lyft may be the only one thought as a towards profitability, but the reality is that they are still deep in losing money with a stock price less than half of its debut IPO price; flawless executor Happiness-selling Peloton needs to step on the pedal towards profit and not towards being “ ”, which was revealed to be baseless from the IPO filings; weirdly profitable Financial reports from Pinterest out of them, as shares plunged by 20% while reporting a net loss spooked the stock price Though in a similar situation like those companies, Uber still has the super-app route. The challenge here is to learn from Asian companies: how can Uber utilize their large audience of frequent users and embedded payment systems? Today, Uber’s food delivery, scooter, and bike services are all united in one app but there is still a rush for product diversification. Even though fintech companies like Robinhood and Social Finance pulled out from applying to become a bank, startups are partnering left and right with payment providers — or themselves. Like Gojek, Grab and WeChat, Uber needs to . Uber needs to double down on their efforts with the digital wallet, credit card, and debit card . At this point, Uber is the to move into financial services. Startups are increasingly becoming banks and Uber needs to be one. building payment technologies establish dominance in the payment system plans latecomer The product similarity between Uber and Gojek is that they both have food delivery, tickets, ride-hailing, and micro-mobility. Past that, there is mobile data, parcel delivery, and bill payments just to name a few. Uber needs to as synonymous with daily life like the super app predecessors without tearing a hole in their wallet. Uber needs to develop more products that are either essential to human life or making life more convenient. Uber's quest to become a super app is going to be a long, arduous journey. Within every product lies fierce competitors and underdogs. There is an inherent disadvantage: Uber is fighting against specialists (like Lime in micro-mobility) and super apps (like Grab and Gojek) from a unique position. Being a specialist at the start, Uber has now evolved into a ‘mini’ super app. With public markets to Uber’s latest moves, there is a desperate need for breakthroughs and innovations. not responding very well If all else fails, at least Uber can try to become profitable, which only makes our reality even more surreal.

Uber Wants to be an Amazon

Did You Know: Kubernetes Optimizes Audio-Streaming on Spotify! Spotify is an audio-streaming platform that was created with a vision to empower audio creators and endow listeners across the globe with a really immersive listening experience for all the customers across the globe. A customer-centric approach and a vision to empower creators have led to the exponential growth of the platform which has now grown to a superfluous number of 200 million monthly active users. Spotify, quite early, recognized the importance of containers and deploying microservices in a cloud-native environment. Consequently, they adopted a containerized environment pretty early and were amongst the few companies to even develop a home-grown platform for orchestrating the containers, which was named Helios. Adopting Kubernetes Meant Embracing Limitless Possibilities for Spotify Having adopted microservices and Docker quite early, Helios was a need-based innovation for managing the containerized environment for the Spotify team. However, the Spotify team soon realized the need to outgrow from this homegrown orchestration to Kubernetes. Helios only had limited features that could only be maintained by a small company at Spotify, contrary to this Kubernetes has many more functionalities that make it much more efficient than Helios and hence an obvious choice. Besides being laden with innumerable features Kubernetes also has an amazing community. To Spotify adopting Kubernetes was akin to adopting an orchestration tool that was not only already popular among many industry verticals but also could help their team get containers orchestrated more effectively, efficiently, and faster, and all of this, at a much lower cost than what the company had to incur with Helios. Also, there was a seamless migration from Helios to Kubernetes as Kubernetes could very effectively be used in conjunction with Helios, supporting migration until the platform became the only option for the full-fledged maintenance of the Spotify containers. Positive Impact of Adopting Kubernetes Migrating to Kubernetes required developing some core technological competencies. However, once the technological challenges were addressed and dealt with in 2019, and the company migrated to Kubernetes from their homegrown platform Helios, they experienced some amazing benefits in real-time business scenarios including the following: a)      The internal teams were able to considerably reduce the time spent on manual provisioning which meant that more time could be given to delivering features for Spotify. b)      The team was able to deploy some of its biggest services on Kubernetes, the likes that could handle as many as 10 million requests per second and cumulatively; the feature of Kubernetes proved simply amazing for the team. autoscaling Prior to adopting Kubernetes, deploying a new service for the team wasn’t this hassle-free. They had to at least wait for an hour to create a new service and would have to get an operational host for running the service in production. However, with Kubernetes the story was different. The same services could be deployed in seconds and minutes. c)       Kubernetes also helped improve the CPU utilization by 2 to 3 times approximately as it has the functionalities called bin-packing and multi-tenancy. d)      Kubernetes helped the autonomous engineering teams at Spotify work at a faster velocity and iterate more quickly even while working on different pieces of a project. Before switching to Kubernetes, Spotify since the year 2014 had been using microservices and Docker. The microservices were running across its fleet of Virtual Machines (VMs) and were containerized by leveraging Docker. The company used to manage and keep the data on-premises with the help of their home-grown container orchestration platform Helios before they migrated all the on-premise data to Google Cloud in the year 2016-17. Eventually, switching to Kubernetes proved to be a beneficial decision that offered innumerable advantages including accentuating the time of delivery of several services, leading to optimum business revenue. A substantial motive for the Spotify team to adopt Kubernetes was that the team wanted to contribute their subject-matter-expertise and influence to make the Kubernetes community prosper. Final Words: Takeaways From Spotify Use Case & the Road Ahead For Kubernetes With Kubernetes, not only the Spotify team was able to scale their topline operational metrics viz. lead time, deployment frequency, time to resolution, and operational load but were also able to get all the help to deploy the technology. The Kubernetes team was proactive in providing support and almost everybody was available to help the Spotify team with the technical know-how and expertise required while deploying a particular service. This served as a source of resurrection and motivation for the Spotify team to further scale-up their operational efficiency. The Spotify team leveraged several Kubernetes APIs and other extendable functionalities to aid and interface with their legacy infrastructure. The integrations were hassle-free and easy for the Spotify team. Because of saving so much time with Kubernetes, the Spotify team was able to experiment with solutions such as gRPC and Envoy. Kubernetes is becoming a go-to solution for companies with large development teams and complex IT needs. That's because software developers can use Kubernetes to automate the process of building and managing complex IT infrastructure. Kubernetes is already seeing adoption across many different industries and it will continue to grow as more governments and organizations come around to the benefits of its agility and automated operations. There are several other use cases that narrate the success story of Kubernetes across all industry verticals including media, publishing, audio streaming, and podcasting. These stories demonstrate the amazing possibilities that unfold when a team has the right API and enough time.

Why Spotify Migrated From Its Homegrown Orchestration Tool (Helios) to Kubernetes?

I remote-chat this afternoon with , founder of and one of the best brains I know in the field of Behavioural Science, Quantitative Psychology and Psychometrics. He’s born in Amsterdam and is currently home-bound in his lovely apartment in the historic museum quarter. Stefan van Tulder Talent Data Labs Hello, Stefan! Hi Rachel. How are you? I’m good, we are in a partial lockdown and most shops except groceries, hairdressers and supermarkets are closed till June but we are able to exercise and walk around outside. How’s the home-bound life for you? Happy to hear you’re coping well. All well and healthy here. For us it’s quite similar, most sport activities are closed and all forms of group entertainment have been shut down until at least June. For someone who is used to travelling all over the place the world suddenly feels very small. Yeah. How’s your team doing? They are coping well-ish. It’s hard to really tell over digital interactions only. I think the ones stuck in a small house with young children are most affected but everyone seems equally bored. How about yours? (=^_^=) I think everyone realises that working from home is harder than it seems! My team is trialling an app which promises therapy help. Are you into any of that? Oh! That’s great and super interesting. We have recently had discussions about this too. As I said before, it’s very hard to assess the mental state of people over video conference (and we often barely show our faces as we’re screen sharing). How are you going about and doing that fully digitized or human in the process? It seems completely digitized with mini ”rescue sessions”, to help in areas like : ’to feel connected’. Good! In my experience, people like the option of having a “human option”. I was thinking that therapy can’t be productized. Are you basing it on any major psychological framework? They use Big Five, and we have the option of choosing a learning pathway. I’m not sure if this is a major framework? I think we live in a world where we are increasing the degree of self-assessment and self-help through well-being apps at the fastest pace ever. I think therapy would certainly be a great angle to introduce. As far as I’m concerned, the is the most solid psychological framework that I have seen. Big Five framework Yeah, you were working on self-assessment as a service, right? Yes, not sure if is a very sticky acronym but we’re going for it! SAaaS Okay, but how would I know what the score represents and how does it help me ‘stay connected’? Well, the way I see it, there’s two types of players. Those who make an app that does something really well and then stop. Or those that build a large framework of integrations and behavior around it. We don’t just stop at self-assessment, we add recommendations to third party solutions, or give concrete advice that people can follow. I’d say that’s key to making a useful self-assessment app. I see. I was trying out a few ‘be your best self’ apps involving meditation and fitness . I found that one of them collects my recorded data on steps, sleep, and sex... Oh really? How do they collect sex data? I’m guessing from the Apple Watch? It could be presumed from the heart rate tracker or bodily movements, right? That could be from playing video games in bed. So you’d wear the watch, during... ? I wouldn’t, I don’t like to track anything (Plus I don’t ever wear a watch.) It is interesting data, I think sex is such a primal urge that if you don’t get your share you might need help. We see that a lot now in these isolated times. Maybe it is related to psychosis. Everything essentially is tied to evolutionary behavior. If it made your gene pool survive, you’d build systematic chemicals for it in your body. So, mainly, it’s testosterone (or the lack of) sending us off into chemical (ie hormone) imbalances? I don’t know how this kind of data collection would help. I don’t think we know enough about the impact of chemical imbalances on behavior to justifiably say that it leads to depression but we do know a lot about what kinds of personalities and behaviours are exhibited by mentally healthy people versus the more depressed. A good sample of that is the use of alcohol and drugs. I know we agree on how (work) culture also contributes to depression. A concept that I find very appealing is growth. The gray area between doing things that are too easy and too hard. This also counts for environments and cultures. So looking at work culture can be a great aid at finding drivers for disengagement or passivity. They are often signs related to depression. You have dabbled in the use of cultural fit mapping before. Did you find it could justify why some individuals would be able to function better than others? Yes, most individuals working in startups often prefer an environment that would give themselves the chance to grow faster in a shorter amount of time compared to conventional workplaces, and that environment should provide tools for them to thrive - strong, sound mentorship for development, autonomy to lead projects, sense of ownership. A bad decision for such individuals could be simply putting someone above him whom he could outgrow in 6 months, and would ultimately lead to less job satisfaction. But often those analyses are done in hindsight... Well, that’s because most players have chosen a passive approach to these types of analytics. The key to self-assessment is to have the data first and the behavior later. The sample you provided is very relatable and also very measurable (with the right tools). Intellect plays a big part but so does culture and personality. So let’s say in your sample you would be able to predict (with relatively high probability) that the individual will outsmart their superior within a matter of months. You would have a few options such as thinning the lines between leadership and guidance/mentorship or enabling horizontal movement at an equal pace. Yes and this also leads to right-sizing of the company which is imperative in these times, well, most times, actually. Now, most companies do not sample their full workforce and can never really provide accurate predictions at such a granular level. That’s mostly because the workforce itself is poorly incentivized to use such an app. The key here is to incentivize the user. Typically, you want to decouple from the app and its usage entirely and focus on insight to the user, first. Our app would literally recommend an employee to leave their employer if the chance that they will ever be happy in that culture is too low. That’s not a place where most app providers want to be, as it’s hard to sell something like that. That’s interesting, and I agree, most people would rather make their own discovery on this matter (and a whole lot of other things), than relying on what an app tells them to do. We’re not in the business of making money, we’re Scientists with a company and want to make good predictions. Those two don’t always tango nicely. I wanted to ask about how a Data Scientist like yourself employs the typical SaaS framework into self-assessment. You also work with Psychologists, and Neural Scientists? Yes, but the Psychologist isn’t part of the app per se. The way it works is best explained through a case. Let’s say you are a lawyer in Japan for a prestigious firm but you aren’t very emotionally stable and lack the mental energy to do repetitive tasks structurally and precisely. This profile could most likely wear out in such an environment in a very short time. The software will assess all those features and benchmarks and prompt you to find some help. This is where you can directly ship your profile to one of the Psychologists for either a chat, a video call, or - when restrictions reduce, a session. We have a dedicated group of Psychologists connected right now but later want to create a larger infrastructure for it. This leaves all the power and all the data with the user until the very end. That’s also where we would make some money, we charge a very small fee for a user recommendation to any third party. And no one else is doing anything like this? By default I assume there’s 3-5 other parties doing something similar at any point in time. But not at a scale that’s relevant, I presume. Have you seen any? We are not aiming to become a “feature”, we are aiming to become the biggest database with monitored but anonymous behavior and psychometrics, so that our recommendation system is infallible. This is an extremely expensive and intense journey. Asking some of the brightest Neuropsychologists and Data Scientists to work on some of the most secure and safe software. This is a very long play, and we’re intrinsically motivated to play it, at scale. That’s probably why we don’t see many competitors. From a Data Scientist standpoint it should be a totally useful and interesting project, (and I think what you are building has a really relevant approach for the future of work and life), but from a CEO perspective, is it too advanced for us normal humanfolk to grasp, much less make a decision on actioning on our behaviors? You touch one of the biggest pain-points. How do we translate extremely complex and mostly statistical issues into digestible (and hopefully fun) advice without alienating users. To tackle it, we work with all our psychometric assessments in isolation and have user feedback embedded in our platform. We also use reinforcement learning to guarantee results (basically looping the outcomes back into the statistics/recommendations). Luckily we also have a large community of enthusiasts who love learning more about their profile and will tell us whether something is hard to understand, out of place, or just poorly designed in general. From a behavioural perspective it’s no easy feat, either. Getting people to actually do something is infinitely harder than to read about doing something. But this is talking about human laziness, very little can be done to get us off the couch and to stop watching television. I do sleep more when I’m at home but I attribute it to the cosy feels of my space. It seems you have your work cut out for you, then. I’m personally obsessed with self-assessment. In the early days of Facebook they would have those quizzes like ‘what type of fruit are you’, or ‘which Disney princess would you be?’, and I would always ship all my data just to find out. A lot of websites have quick assessment tools these days or political party picker apps. The phenomenal popularity of them is inspiring. In contrast, asking people on the street what they vote rarely matches the final outcome of the elections. So truthfulness to other people seems unlikely, whereas to apps, is becoming more mainstream. You would be Belle. Lol! For the last 10 years we have, en masse, offloaded all our data on social media apps and publicly created a legacy of information. I think most of us have given up on protecting themselves from the internet entirely. I gotta move, this was an interesting talk! Thanks! Lots to think about! Hopefully we will see each other again before the year is over! Yes, I certainly hope so too. It’s been a great chat. Thank you Rachel.

Therapy as a Service, Sex and Other Coping Mechanisms While Homebound

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Are you tired of having your customers switch between different tools for data analysis? Are you tired of compromising on your SaaS app’s user experience to get better reporting? If so, embedded business intelligence is the answer. Choosing the right analytics solution is important for empowering users to access valuable insights without leaving your application. What is Embedded Business Intelligence (BI)? Embedded BI is the integration of analytical capabilities, such as dashboards, reports, charts, and graphs, into SaaS applications. Embedded BI lets users access and work with data in their workflow without switching to a different analytics tool or platform. Furthermore, embedded BI relies on its ability to serve multiple tenants. Traditional BI is all about single-tenant instances for internal use cases. Embedded business intelligence tools serve external use cases. Build or Buy – Which One to Choose? SaaS providers are better off when they integrate an embedded analytics app instead of building one themselves. But as a technology provider, we certainly understand the inclination to build in-house. You have software developers on staff, and you’re already paying their salaries. They’re also already building the rest of the app anyway, so why not the analytics? Additionally, you want analytics to be a seamless component, with the same look and feel as the rest of your app. Unfortunately, white-labeling capabilities for are inconsistent between embedded bi tools. embedded analytics solutions We understand why homegrown is appealing, but there are many solid . reasons NOT to build your own analytics You can check out our guide to the here as well. best embedded BI tools Choosing a solution that focuses solely on embedded BI will allow you to: 1) Stay Focused on Your Roadmap There are limited hours in a day. Spending time on analytics takes away from other tasks on your to-do list. Embedding analytics enables your devs to remain focused on building and improving the components that increase your competitive advantage. 2) Offer Comprehensive Analytics Functionality Early-stage startups building in-house face restrictions in budget, time, staff, and expertise of their team. With these constraints, early-stage startups in particular must be ruthless in determining the scope of their MVP. When you use a third-party solution, you can offer a wider variety of options to visualize data. Interactive dashboards that offer editing, filtering, and drilling down are often difficult to build and maintain over time. 3) Build Without In-House Expertise You already have a team of developers on staff who know UI/UX, web app development, and more, but do they know ? Unfortunately, the requisite skills are in short supply. analytics A shortage of data and analytics skills is one of Gartner’s, “ When Building Data and Analytics Teams.” 5 Pitfalls However, buying a third-party product enables you to integrate sophisticated functionality without needing in-house expertise. You’re saving time and money in the long term. 4) Reduce Ongoing Maintenance Efforts When you do analytics in-house, you also have to manage -house. This is something that you might under scope when you release a new app. Caring for your custom SaaS component means more than just fixing issues – it also involves managing the module’s lifecycle. You’ll be adding enhancements to your roadmap on a regular basis with no end in sight. it in A third-party platform handles maintenance and improvements, ensuring a steady roadmap for enhancements. 5) Monetize Analytics Easily Even if you don’t want to monetize your analytics , it’s a great door to leave door open. Embedding third-party BI capabilities brings greater flexibility moving forward to experiment with different pricing and licensing options. now According to 512 SaaS companies, monetization was four times more efficient than acquisition in improving growth. And, it was twice as efficient than efforts to improve retention. a study of You could offer new analytics functionality by: including as a free value-add increase overall cost, or offer optional components for an additional fee. Being able to run market tests from a pricing standpoint is just as important as testing technical features. With an embedded business intelligence solution, testing all those packaging options doesn’t necessitate a heavy development lift. On the , Dan Balcauski, Founder and Chief Pricing Officer of Product Tranquility, said, “Organizations are absolutely not dedicating enough time to pricing. No one’s getting a bill on their desk saying, ‘You missed out on all this revenue because you’re massively underpriced.’ It’s .” SaaS Scaled podcast an invisible opportunity cost What Are the Main Benefits of Using Embedded Business Intelligence? Get Data Insights Instantly – Without Leaving the App Switching between apps isn’t too difficult, especially with ‘Windows + tab’, but having information within the main app is best. Embedding insights eliminates friction and eases workflows, while enabling users to get more value from your app. Build on Existing Knowledge, With No Learning Curve No matter how user-friendly an app is, there’s always a learning curve. Users benefit from actionable insights in their app without needing to adjust to a different interface. Make Info Actionable with Workflows While some tech vendors might use different definitions, “automation” is the ability to enable processes downstream of your analytics. No-code automation workflows empower users to do more with their data right within your SaaS application. With conditional rules, users can add powerful business logic to workflows and applications. Gain More Users within Each Tenant Embedding analytics lets users access insights without buying separate BI tools. This makes it easier for your app to share valuable information with more people for informed decision-making. Easy-to-use dashboards and reports can help more employees in a customer’s organization find value in your app. As more users get more insight, . Your app becomes stickier, reducing churn, and even potentially giving you the opportunity to raise prices. each customer organization obtains greater value Expand to Incorporate More Data In addition to expanding to more within each org, you can expand by incorporating . Particularly when integrating , each user can gain more insight. users more data points self-service analytics You can use an embedded bi platform to make your product more useful. This tool allows customers to create their own reports with self-service BI. Reaching more workers and analyzing more information in a company helps make your app important for the company’s goals. Reduce Churn SaaS apps are easy to acquire, deploy, and implement. Unfortunately, that also makes them easier to . un-implement According to the BetterCloud 2023 , 40% of IT professionals consolidated redundant SaaS apps in the past year. State of SaaSOps Report Reducing churn is one of the many benefits of using embedded BI. Self-service data analysis can further reduce churn. Business users who create reports are less likely to switch vendors and start over. After all, they already have the information they need. Starting over with a new vendor would mean having to recreate all their reports. This can be time-consuming and inefficient. Improve Decision Making Embedded BI improves decision-making, which helps businesses improve every metric. The University of North Carolina at Pembroke describes . “Data gathered from a wide range of sources is used to understand and improve proprietary processes in every business function, as well as market conditions and opportunities. BI systems describe past and current conditions through descriptive analytics, make projections and forecasts through predictive analytics, and point to opportunities to guide future actions through prescriptive analytics.” How Business Intelligence Drives Decision-Making Drive Real-Time Decision Making Using BI goes beyond profit margin to give and help make future decisions. This becomes even more impactful if your app can automate the of historical data. real-time insights analysis of large volumes Business Intelligence aims to help make better decisions, according to the 2023 study. Efficiency/cost and revenue goals are the next most important. Dresner Wisdom of Crowds® Things to Consider When Evaluating an Embedded Business Intelligence Software Many business intelligence apps exist, but few address the needs of SaaS companies. And fewer offering embedding that actually meets the requirements of SaaS companies. multi-tenant analytics The following are important areas to consider with an embedded BI solution. Built-In Data Management Embedded analytics starts with data and this is where most companies fail with embedded BI. Embedded analytics data management needs to have a few things: It must create an analytics data store that includes native multi-tenant security It must connect to ANY data type, whether it’s structured, semi- or unstructured. Include native APIs for ingesting from any data source or on any frequency It should make life easier for development teams, not harder Security Self-hosted embedded bi software is going to offer the best in data security. When you can inherit your security policies it makes offering an embedded solution easier for your customers. But your data must also stay in place. Many industries, like healthcare and fintech, cannot send personal data to a third-party cloud due to security concerns. Therefore, a deployed solution that installs a strong data management layer is the ideal path. Scalability and Performance Your users demand applications that are always available with 100% uptime and near-instantaneous performance. Your analytics platform must be able to scale up to meet these demands. SaaS companies also require pricing and licensing that won’t prohibit growth and user adoption. Using on-demand technology, such as serverless tech, helps your analytics grow without overspending on infrastructure. Paying for always-on servers hurts scalability and is more expensive. A Seamless White Label Experience Your shouldn’t feel disconnected from the host application. Rather than merely placing a chart inside of an iFrame, you need full white-labeling capabilities. Users expect a seamless integration within your SaaS application. embedded analytics Look for the ability to customize every report and dashboard, font, and color to perfectly match your existing application. Other needs are designs that work on all screen sizes and options for users to customize their experiences. If iFrames are the only option, run away….fast. Developer-Friendly Tools & APIs Your embedded analytics solution must align with the way you build software. That means being 100% SDLC compliant and having developer-friendly (and DevOps-friendly) tools that your team will love working with. Find a platform with different areas for creating, testing, and launching apps, and simple ways to switch between them. In the ever-evolving landscape of SaaS applications, we understand that embedding a powerful analytics solution is no longer a luxury, but a necessity. At Qrvey, we are the best option for embedded business intelligence. We customize a wide range of features to meet the specific needs of SaaS companies. My tools make it easy for developers to customize and manage data, leading to a smoother user experience. This helps improve decision-making, retain users, and increase engagement with your app. Embrace the future of embedded analytics and unlock the full potential of your SaaS application. Our goal for you is simple: Build less software, and deliver more value. Get a demo and start a free POC today.

How to Customize Embedded Business Intelligence For Your Business

আপনার ব্যবসার জন্য এমবেডেড বিজনেস ইন্টেলিজেন্স কিভাবে কাস্টমাইজ করবেন

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Cách tùy chỉnh Embedded Business Intelligence cho doanh nghiệp của bạn

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Barely a month ago, the Central Bank of Nigeria (CBN) issued a that ended a two-year crackdown on cryptocurrency within the country’s banking sector, raising the hopes and aspirations of its vibrant crypto community. circular For two years, the repressive CBN ban on cryptocurrencies and digital assets shut the doors in the face of potential investors and robbed the West African country of millions of dollars in web3 funding. While the CBN ban lasted, the rest of the world, however, acknowledged how Nigeria still maintained its position in the crypto race, setting a record as one of the world’s biggest destinations for crypto investments, especially as the biggest crypto market in Africa. In 2023, ranked Nigeria as the 7th country with the highest number of crypto holders in the world boasting a large trading database. In other words, a little over 22 million people own cryptocurrencies in the country. Binance The effects of the prolonged ban sapped the enthusiasm of crypto investors who were eyeing the Nigeria booming market, and it was in the heat of the moment that some of its homegrown crypto companies like Patricia left the country, while other less known companies went out of business altogether. Now that the ominous ban on cryptocurrency has been lifted by the Central Bank of Nigeria(CBN), how is Nigeria making headway in turning its losses to gains and repositioning itself for the next crypto bull run? A New Era Beckons The new CBN circular that ended the two-year ban reversed the prohibition that was placed on the country’s Money Deposit Banks(DMBs). Prior to the ban in 2021, local DMBs were directly involved in the crypto services by serving as the payment gateway for crypto traders on various exchanges. The latest CBN circular, however, now allows them to deal directly with Virtual Assets Service Providers (VASP) in a manner that is consistent with due diligence and crypto compliance. As a result of this, web3 companies like Agile Dynamics, Blockstation, and FireBlocks have entered the Nigerian market, with a considerable interest and investment in the tokenization of Real World Assets(RWA) in the country. Tokenization of Real World Asset(RWA): Nigeria’s Biggest Web3 Opportunity Dubai-based web3 consulting company Agile Dynamics Tech recently announced the signing of Letter of Intent (LOIs) and partnership agreements with Nigeria and two other African countries, signaling its interest in entering the country’s emerging crypto market. "These agreements represent a significant step forward in our mission to foster meaningful change through technology and strategic partnerships," said Paul Lalovich, cofounder of Agile Dynamics tech. "We are thrilled to collaborate with Nigeria, South Sudan, and Mali in leveraging digital solutions to drive economic development and strengthen their positions in the global market." “The signed LOIs and partnership agreements exemplify Agile Dynamics tech's commitment to promoting technological innovation and progress in the mining and minerals sector across diverse international landscapes. By facilitating the tokenization of Real World Assets and securing Direct Foreign Investments, the company aims to catalyze sustainable growth and prosperity in these regions”. Nigeria’s SEC Says YES to Innovation Since the CBN ban was lifted in December 2023, Nigeria’s crypto community has come to terms with the fact that cryptocurrencies are no longer banned in the country, and the government is willing to use this medium to usher in technological innovation and economic growth. In a groundbreaking move, Nigeria's Securities And Exchange Commission (SEC Nigeria) authorized the National Association of Securities Dealers(NASD plc) to launch the Digital Securities Platform (N-DSP), an electronic platform where cryptocurrencies and other digital assets can be listed and offered to the investing public. When it is launched, the Digital Securities Platform (N-DSP) is going to be the first Over-The-Counter Service (OTC) for cryptocurrencies and digital assets in the country and the first crypto-based digital platform to be regulated by the Securities And Exchange Commission (SEC)in a compliant fashion. Eguarekhide Longe, the Managing Director of the NSDP, in his words, stated that : “Our objective is to empower millions of young crypto investors with access to promising digital assets, ensuring they can confidently purchase in a completely compliant and secure investment environment”. Furthermore, the innovative spirit of Nigeria’s NASD can be seen in its partnership with Blockstation, a leading blockchain development company. This partnership underscores the vision to make Nigeria a leading web3 hub in the world. It also goes to show that blockchain technology can play a vital role in boosting the country’s GDP. Commenting on the recent SEC approval, Blockstation founder and CEO Jai Waterman stated that: “The integration of cutting-edge technology to address the needs of, and captivate the substantially large youthful population, is set to unlock previously untapped markets. We are confident that this platform will play a pivotal role in propelling Nigeria into a new era of economic growth”. Conclusion The 2021 CBN ban on crypto transactions was reversed on the 22nd of December, 2023, through a circular allowing Virtual Assets Service Providers(VASP)to operate in the country. The ban, which lasted for two years, created a roadblock to potential crypto investments and lowered the bar of web3 innovation. However, the new policy is touted to be a game-changer as Nigeria continues to attract foreign investment and as it continues to show its commitment to web3 innovation.

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