Word: digitales
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Venture capitalists, burned in the collapse of digital tech companies over the past year, say the only areas in which they are increasing their investments are security and biotech. That was the conclusion of a recent survey by consultants Deloitte & Touche. Biotech pulled in some $3 billion in VC funding...
Investor dollars are not the only things flowing out of digital technology and into biotech; plenty of high-end hardware and software are following the money. The pursuit of new drugs through genomics and proteomics requires the gathering and sifting of oceanic volumes of data about molecules and their reactions...
In his landmark work The Structure of Scientific Revolutions, Thomas Kuhn observed that as a new technology gets widely adopted, it often makes things worse for a while, as people spend time and money on both the old technology and the new one. That's certainly the case today, as...
The shortcomings of digital systems also promote a lot of paper waste. Many companies' computer systems crash often enough that workers don't trust them. They print and file anything they can't afford to lose. Some firms also foolishly try to save money on digital storage by restricting e...
One B2B winner is ChemConnect of San Francisco, which has become "close to the NASDAQ of chemicals," says Stanford economics professor Bob Hall, author of Digital Dealing. ChemConnect has offices in seven countries and offers to bring together buyers and sellers worldwide. But rather than try to hook the computers...