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Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to consumers. He also talks batteries, charging stations and why he is in no rush to take SpaceX public.
June 18 - China designs the world's fastest supercomputer that allows 33,860 trillion calculations per second, local media reports. Rough Cut (no reporter narration).
Trulia chief Pete Flint says tight inventory and rising interest rates are keeping the housing recovery from overheating. Speaking at the Reuters Tech Summit, Flint says private equity investors are starting to pull back from buying U.S. real estate, while cash-rich overseas buyers are coming on strong once again. (June 17, 2013)
EBay CEO John Donahoe , speaking at the Reuters Tech Summit, outlines his plans for bringing PayPal offline and into stores. He also addresses the challenges of cyber security, eBay’s growth in China and why the company's valuation lags Amazon’s. (June 17, 2013)
June 17 - Scientists are developing a new type of gripping arm for medical and engineering applications, using the the flexible armor of seahorses as a model. A team at the University of California San Diego says the creature's natural armor plating provides a degree of strength and flexibility that does not exist outside nature. Tara Cleary reports.

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Innovate to win

 

Your company is in technology, you have your slick website, you have your requisite company Facebook page, and your hot new 8 bit gaming system is flying off the shelves faster than you can make them.  But in today’s technology market the savvy buyer won’t be happy using their joystick to control a block that shoots blocks at other other blocks for long.  To stay on the bleeding edge management is on your case about churning out a new mobile app.  But before you start bringing in high-dollar 20 somethings to start coding, take pause to consider a few things.

First, it may be true that you need a mobile app; smartphones are ubiquitous.   In fact, a recent Forrester study shows that by 2016 there will be 1 billion smartphones in use.  However, apps aren’t the solution for every company.   Apps generally are successful when there is a need for the user to frequently come back and use it.  For example, the Twitter app is successful because it provides fresh up-to-the-second content.  But remember, just because your iPhone can hold umpteen apps, does not mean you want your screen clogged with things you don’t use.  Mobile app real estate goes for a premium.  Pew Research reports that only about 68% of people surveyed who have apps on their device actually use them.  Further, of those who delete apps, 68% say they do so within the first two weeks that it has been downloaded.  So unless your app sticks, users are going to drop it fast.   For example, this month Phoenix Staff's mobile app Mobile Recruiter will launch. The app is the first ever introduction engine designed to keep opportunity seekers and companies coming back.

Next, innovation isn’t only about speed to market, it is about quality. The reason Apple is successful is because their products . . . work. Users react to the negative criticism they see in the app store.  If your app isn’t tight, don’t release it.  Releasing a poorly built mobile app could cause more damage than good.  Also, consider your goals.  Unless you are expecting high traffic to your mobile experience, you may want to forgo the app and revamp your website using HTML 5 with responsive design.   Responsive design gives web users a smooth user experience on smartphones and tablets without the need for an app.   


Resources:

http://pewresearch.org/pubs/1727/cell-phone-apps--popular-download-demographics

http://bits.blogs.nytimes.com/2012/02/13/get-ready-for-1-billion-smartphones-by-2016-forrester-says/
a7876864-1518-44ad-8a81-fe04e443b445  

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