Biotechnology And Its Applications

Another core technology altering nearly every dimension of our lives as outlined in a recent MIT Sloan Management Review article is biotechnology. Biotechnology is really the combination of technology, chemistry, and life sciences.  At first glance, many business leaders may believe that biotechnology only impacts the health care field. The rapid advances in biotechnology, however, show enormous promise and have the potential to “both expand existing industry boundaries and create entirely new industries,” according to Dr. Albert H. Segars, author of the article and PNC Distinguished Professor of Strategy and Entrepreneurship and Faculty Director of the Center for Sustainable Enterprise at the University of North Carolina Kenan-Flagler Business School.

Biotechnology Applications

  • Industrial Processing – applications in product development, pollution control, bio-recycling, and hazardous waste.
  • Biometrics/Bio-identification – expanding the use of biomarkers as a gateway to information access and commerce.
  • Bioinformatics – analysis of large sets of data used in the Human Genome Project, Disney’s theme park design, and more.
  • Medical – advancements in the field of genomics, production of vaccines, antibiotics, gene therapy, and personalization of implantable devices.
  • Food & Agriculture – significant gains in the production of plants, improved quality of livestock, pest-resistance crops, nutrient supplementation, and manufactured power fibers.
  • Energy – alternative energy sources, production of biofuels from algae and other plant and waste sources.

Click here to read the entire MIT Sloan Management Review article.


Pervasive Computing 101

In a recent MIT Sloan Management Review article, Dr. Albert H. Segars from University of North Carolina Kenan-Flagler Business School outlined seven core technologies that are altering nearly every dimension of our lives and their implications for commerce, health care, learning, the environment and more.  According to Dr. Segars, pervasive computing is one of the core technologies that every business leader should become familiar with as the digital revolution rages on.

Pervasive computing, also called ubiquitous computing, is a concept where information, media, context, and processing power are delivered conveniently to us in all kinds of things. The Apple Watch’s ability to alert users of incoming phone calls and to allow users to complete calls through the watch, is an example of pervasive computing. The large network of connected microprocessors embedded in everyday objects allows access to information from virtually anywhere and at any time.

First pioneered in the late 1980s at the Olivetti Research Laboratory in Cambridge England, the development of the “Active Badge“, a small clip-on microcomputer employee ID card, enabled the company to track employee movement. This spurred articles by the The New York Times, ComputerWorld and other publications about George Orwell’s Big Brother prediction coming true.

Mark Weiser, considered to be the father of ubiquitous computing, soon began building early ubiquitous computing devices with his colleagues at Xerox PARC and popularized the term “pervasive computing” with the creation of IBM’s Pervasive Computing division.
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Today, pervasive computing generally involves wireless communications and networking technologies, mobile devices, embedded systems, wearables, wireless sensors, voice recognition, AI and more. According to a recent study report published by Market Research Future, the global market of pervasive computing technology is booming and expected to gain prominence. Technology advancements and the increased demand for Internet of Things (IoT) continue to drive the growth.
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Application of Pervasive Computing Technology:
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  • Communications
  • Logistics
  • Transportation (by air, land and sea)
  • Energy
  • Learning
  • Military
  • Banking/Finance
  • Production
  • Smart Homes
  • E-commerce
  • Security & Safety
  • Healthcare/Medical Technology
  • Media
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To learn more, read:
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#MakeYourMark in 2018

Happy New Year!  The Croixstone team is ready with some creative ways to start the year off on the right foot.  It’s time to #MakeYourMark in 2018.

  • One great way to start the year is by enjoying the great outdoors on New Year’s Day.  North Carolina State Parks will be hosting First Day Hikes throughout the state to start the year off right.  To read more about First Day Hikes in North Carolina, check out a story in the Shelby Star here and see a full list of hikes sponsored by North Carolina State Parks here.
  • Looking to make 2018 your healthiest year yet?  Start the year off with a free Healthy Lunch & Fitness Goal-Setting Session hosted by NoDa Personal Training.  To learn more and to register, click here.
  • Ready to take your career to the next level?  Check out 10 things to do in the new year to skyrocket your career in 2018 here.

Uniquely Charlotte Gift Ideas

With Christmas less than 2 weeks away and Hanukkah in progress, we know you may be scrambling to find that perfect gift.  Why not try out some uniquely Charlotte treasures?

Uniquely Charlotte Gifts
In November 2017, Architectural Digest named The Ivey’s Hotel as the most beautiful hotel in North Carolina. Why not plan a get-away at the The Ivey’s Hotel in Uptown Charlotte and explore what the city has to offer? Read more about The Ivey’s Hotel and take a glimpse at the inside here.
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Need a beautiful piece of jewelry for someone special in your life? Fashion and Compassion is a non-profit boutique located in South End that specializes in fashionable fair trade jewelry made by women overcoming poverty & injustice around the world.

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Check out 43 local gift ideas for 2017 in  Charlotte Magazine’s Gift Guide.
Looking for a unique leather gift from a local company? Check out Anchor Leather Co. The Croixstone team first became familiar with Ethan Martin’s company at a Vintage Charlotte Pop-Up event two years ago, and we absolutely love their hard-wearing, fine leather goods. You can also find their goods sold on Etsy.
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Does someone on your list need a new professional head-shot? Consider giving Jim McGuire Photography and Video a call. Located in Studio1212 off of 10th Street, Jim recently captured pictures for the Croixstone team. Stay tuned for an unveiling in 2018.
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Give the gift of an experience.  Here are 101 Fun Things to Do in Charlotte.

 


What is the State of NC’s Economy?

So what is the state of North Carolina’s economy? 

A “mixed bag” according to a recently published story in The News & Observer (Raleigh) in conjunction with The Charlotte Observer and McClatchy.  The media organizations assessed the state of North Carolina with a focus on 20 measures of how the state is doing compared with previous years and compared with Georgia, Virginia and the rest of the nation.

Key findings:

  • NC has been adding jobs at a pace of about 7,000 a month over the past few years.
  • The state had above-average job growth from July 2015 to July 2016.
  • NC’s economy performs similarly to Georgia’s and worse than Virginia’s.
  • Wages are back to pre-recession levels, but people are also more likely to be in poverty.
  • Employment in NC is better than average — but only if people who have given up on job hunts aren’t counted. A smaller share of North Carolina adults are in the labor force than Americans as a whole.
  • For each of the last 20 months, companies in both North and South Carolina have reported being unable to fill open jobs.
  • At 4.6 percent, the state’s unemployment rate is better than the national average. The state has 290,000 more jobs than it did in 2007.

Read the full article here.