TECH BUSINESS TRENDS
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Shortage of Software Developers Expected to Hit Businesses Hard in 2022 |
A poll of 14,000 developers and tech recruiters by coding platform CodinGame and technical interview facilitator CoderPad found that nearly half of employers are struggling to find suitable candidates to fill tech roles. As a result, hiring managers predict that recruiting qualified developers will present their biggest recruitment challenge of 2022. This year, web development, DevOps and AI/machine learning are among the technical skills most sought after by tech recruiters, the survey found. Plans to hire full-stack engineers and back-end engineers are also expected to present a recruitment challenge because, while common roles, they are needed in such high numbers. When it comes to programming languages, JavaScript, Java and Python are the top three languages recruiters will look for in 2022. The research suggested that more employers are turning to freelancers and contractors to fill their skills gap: 42% of recruiters said they increased their reliance on contingent workers during the pandemic. (https://www.zdnet.com/article/finding-developers-is-going-to-be-your-biggest-hiring-headache-this-year/)
Meanwhile, some reports have suggested a third of tech workers plan on quitting in the next 12 months; others claim as many as three-quarters. What is clear, however, is that the workforce is already on the move. Figures from the US Labor Department show that workers quit in record numbers in November 2021, with 4.5 million leaving their employers. Given that the start of a new year is typically regarded as a time for fresh starts, it's likely that this wave of resignations is only going to accelerate in the coming weeks and months. (https://www.zdnet.com/article/new-year-new-job-the-tech-resignations-are-coming-so-get-ready/
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Tech Recruiters Ready to Dump CVs, Academic Requirements: Survey |
57% of tech recruiters said they definitely or maybe would be willing to remove CVs from their recruitment process for developers, according to a hiring survey conducted by CodinGame and CoderPad in late 2021. Recruiters also demonstrated an openness to applicants from nonacademic backgrounds, with 39% saying they "regularly" drew from this pool over the past year. Another 41% said they drew from this pool of applicants, but "rarely." CodinGame and CoderPad gathered responses from 4,000 tech recruiters and 14,000 developers for its survey. Respondents came from across the globe. (https://www.ciodive.com/news/tech-talent-nontraditional-background-CVs/617156/)
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Four "Don'ts" for Selling Technology to Small Manufacturers |
Small manufacturers and those selling technology often don't relate to one another, according to a recent Forbes article. With that as a backdrop, here are four things that salespeople and the consultant class should avoid when reaching out to small manufacturers; in summary they are: Don't Use Consultant Speak or Tech Talk; Don't Develop Solutions in Search of Problems; Don't Show the Cadillac First; and Don't Treat Manufacturing Like Other Industries. (https://www.forbes.com/sites/ethankarp/2022/01/13/four-donts-for-selling-technology-to-small-manufacturers/?sh=15982a4e5277)
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PC Sales Back to 2012 Levels, Up 35% from 2017 Nadir, Thanks to COVID |
The PC market grew 14.8% in 2021, shipping the largest number of desktops, laptops, and workstations in a single year since 2012, according to data tracker IDC. Shipments were up over 34% from the industry's low point in 2017, to 349 million units, according to preliminary data. It's a noteworthy recovery for a sector that had been written off by tech investors and operators as a sleepy field in decline as recently as a few years ago as smartphones became the most important and highest-volume product in the electronics business. (https://www.cnbc.com/2022/01/12/chart-pc-market-has-recovered-to-2012-levels-from-low-point-in-2017.html)
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TECH TRENDS AHEAD
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Devices That Don't Require Any Cables for Power or for Network Connections Are on the Way |
Technology that can charge devices from across the room or through walls is coming to market. Ossia and Energous, both proponents of the nascent technology, used CES 2022 to show off new products that'll keep security cameras, smart doorbells, hearing aids, and similar products continually charged while eliminating cables or charging pads. (https://www.cnet.com/home/smart-home/long-distance-wireless-charging-could-power-your-smart-home/)
Meanwhile, Georgia Tech researchers said they have come up with a way to tap into the excess energy from 5G networks and turn them into "a wireless power grid." Because 5G networks are specifically built for high-bandwidth connection, the FCC has authorized them to focus power much more densely than 4G networks. That means the high-frequency network will have a great deal of unused power that, unless "harvested," will be wasted, a spokesman said. That harvested energy could fuel the many battery-powered devices around us and even - via wearable electronics - inside our bodies, he said. (https://www.asme.org/topics-resources/content/harnessing-5g-excess-energy-could-end-battery-power)
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Rubber Material Holds Key to Long-Lasting, Safer EV Batteries |
For electric vehicles to become mainstream, they need cost-effective, safer, longer-lasting batteries that won't explode during use or harm the environment. Researchers at Georgia Tech and the Korea Advanced Institute of Science and Technology may have found a promising alternative to conventional lithium-ion batteries: Elastomers, or synthetic rubbers, are widely used in consumer products and advanced technologies such as wearable electronics and soft robotics because of their superior mechanical properties. The researchers found that the material, when formulated into a 3D structure, acted as a superhighway for fast lithium-ion transport with superior mechanical toughness, resulting in longer charging batteries that can go farther. (https://www.sciencedaily.com/releases/2022/01/220112121455.htm)
Meanwhile, automotive manufacturers are working with battery producers to ensure their supply of batteries for electric vehicles. Volkswagen invested in Sweden-based battery manufacturer Northvolt to obtain batteries designed, developed and assembled in Europe, while the US Department of Energy reports that more than a dozen new battery plants will be established in the US by 2025. (https://www.digitimes.com/news/a20220112VL201.html)
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14 "Smart" Features That May Soon Be Standard in New Homes |
Members of Forbes Technology Council shared their predictions for the smart home technology tools and features they believe will be standard inclusions in new homes built over the next five to ten years. In summary, they are: construction to LEED standards; smart thermostats; intelligent waste management; resource-optimization systems; refrigerator touch screens, smart concierges; "empathetic" technology; environment-monitoring tech; closed, private networks; solar panels and electric charging stations; voice assistants; home security tech; UVC lamps for disinfection; smart self-tinting windows. (https://www.forbes.com/sites/forbestechcouncil/2022/01/14/14-smart-features-that-may-soon-be-standard-in-new-homes/?sh=5399a4b950af)
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New Autonomous Sidewalk Delivery Robots Don't Require Human Assist |
Serve Robotics, an Uber spinout that builds sidewalk delivery robots, is deploying its next generation of robots that are capable of completing some commercial deliveries without a human in the loop, according to the startup. That means in certain operational design domains, or geofenced areas, Serve won't be relying on remote operators to teleassist robots or followers to trail behind the robots for safety. Most companies in the industry lean on remote operators to monitor autonomous deliveries and take over driving in case the robot stops or needs help, so Serve's milestone is indeed a step toward progress in robotic deliveries. (https://techcrunch.com/2022/01/13/serve-robotics-new-autonomous-sidewalk-delivery-robots-dont-require-human-assist/)
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TECHNOLOGY-IN-HEALTHCARE TRENDS
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Digital Health Funding in 2021: $29.1 Billion Across 729 Deals |
2021 saw $29.1 billion raised by U.S. digital health companies across 729 deals, Rock Health reports. Also of note, 2021's 272 M&A deals almost doubled 2020's 146, and there were a record 23 public exits - nearly triple 2020's 8. Beneath all the funding, consolidation, exits, and consumer adoption, the digital health sector was reshaped by big forces of change in 2021 (think: data interoperability, business models, and talent wars) - and downstream effects in 2022 are likely. (https://rockhealth.com/rock-weekly/29-1b-across-729-deals-digital-health-funding-in-2021/)
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LG TVs Now Have Independa's Built-In Health Platform |
All 2021 and 2022 LG smart TVs will be equipped with a health education and telehealth app from the senior-focused health platform Independa, Kian Saneii, Independa's CEO and an ABL-San Diego alum, has announced. The platform will allow users to set up and have telehealth appointments through their TV. While telehealth visits via apps on smartphones and computers have become normal for many patients during the pandemic, using a TV-sized screen to see a doctor can be helpful for people with eyesight issues, and also makes it easier for doctors to ask people to stand up or show more of their body during the visit. People who enable the Independa Health Hub on their TVs will also be able to message and video chat with friends and family members. (https://www.theverge.com/2022/1/4/22865640/lg-tv-telehealth-platform-independa)
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Activity Data from Wearables Could Help Monitor Blood Sugar Levels: Study |
Activity data from a Fitbit can predict changes in blood sugar control for adults with prediabetes, a condition that affects around one in three adults in the U.S., a new study shows. Tech companies are looking toward diabetes and blood sugar management as the next set of tools to incorporate into consumer-facing products like smartwatches and smart rings. (https://www.theverge.com/2022/1/13/22882382/activity-data-prediabetes-prediction-fitbit-wearable)
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New VR Tech Could Help People with Visual Impairments |
A new acoustic archery game will allow people living with blindness to experience virtual reality technology for the first time. It's part of a small growing number of experimental technological options for the visually impaired. The system lets users hear virtual environments rather than see them by translating images into sound waves. The research goal was to understand how people with blindness move and orient themselves in space. The platform, researchers said, may be used in the future to rehabilitate their orientation skills and enable independence, as Braille does for reading and writing.
VR devices already offer solutions for improving the lives of vision-impaired users: Eye care professionals use different kinds of optical aids to magnify images to the retina; VR technology can accomplish these tasks in one instrument. Images can be magnified, contrast adjusted, the color changed to each patient's individual needs, and customized for each eye if needed. (https://www.lifewire.com/new-vr-tech-could-help-people-with-visual-impairments-5215440)
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How mRNA Vaccines Were Made: Drawing Upon Long-Buried Discoveries in the Hopes of Ending Past Epidemics |
Tony Pfannkuche, a 17-year veteran of ABL, prior to retiring as the CEO of Bridge Executive Corporation to become an accomplished reader and commenter, consistently keeps our Inbox full of valuable articles, including this one from The New York Times, about which he writes: "I always thought that the great value of ABL was the diversity of its expert membership. Every discussion I attended provided a variety of perspectives and usually resulted in a clarification of knotty issues achieved through leveraging the long and varied experience of the members. I thought of this this morning when I read the long and very entertaining article about the provenance of the COVID mRNA vaccines, Halting Progress and Happy Accidents: How mRNA Vaccines Were Made. This should be recommended reading for ABL-ers."
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