Opioid Crisis Myths + Truths

Last month, the Croixstone team invested in professional development to learn more about the very serious opioid crisis that is not only a public health issue, but a serious economic and workforce productivity problem.

We joined an educational seminar hosted by Social Venture Partners Charlotte that featured a 3-person panel comprised of a police officer, physician and social worker.  Croixstone learned that four North Carolina cities rank in the top 25 cities for opioid abuse.  Furthermore, the #1 city for opioid abuse is Wilmington, NC!

Learn about the myths and truths about the opioid crisis.


Top 50 Public Companies in NC

At the beginning of August 2019, Business North Carolina magazine published its annual list of the 50 largest public companies in North Carolina.  New to the list:  Honeywell International (#2), Dentsply Sirona (#11), Advance Auto Parts (#13), Kontoor Brands (#33), BMC Stock Holdings (#36), Precision Biosciences (#44), Barings BDC (#46) and Biodelivery Services International (#49).

Read the Top 50


North Carolina Tech Race

WFAE in Charlotte recently aired and published a story that caught many by surprise.  The story revealed that Charlotte is on pace to surpass Raleigh-Durham in the number of tech jobs that each metro area holds.  Seven days later, Lowe’s announced that they will be building a new 23-story global technology hub in Charlotte’s South End and adding as many as 2,000 new tech jobs to the Queen City. Read WFAE’s story here


LinkedIn’s June Workforce Report

LinkedIn publishes a monthly report on employment trends in the U.S. workforce. The report provides helpful insights into hiring, skills gaps, and migration trends across the country,  From a migration perspective, LinkedIn captures insights tied to members who change their locations on their profiles.  In the June 2019 report, Charlotte was among the top three USA cities (behind Austin and Denver) that gained the most workers.  Read LinkedIn’s June 2019 Workforce Report here.


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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