ATH~THINK DIFFERENT

It is most likely that China's largest chip foundry, a key piece of the puzzle in Beijing's efforts to achieve greater self-sufficiency in semiconductors, would not have been able to set up its first plant in Shanghai's suburbs in the early 2000s without funding from American investors such as Walden International and Goldman Sachs. Semiconductor Manufacturing International Corp (SMIC) is just one of many Chinese firms that received US venture capital funding from investors seeking extraordinary returns from China's economic take-off, a bold example of the marriage of domestic technological ambition with adventurous American funds. However, amid rising geopolitical tensions between the world's two biggest economies and the implementation of tough US investment curbs, prospects for such collaboration in future have dimmed, dealing a direct blow to China's ambitions to become a global power in artificial intelligence (AI). Industry insiders and analysts say the wi...

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  Michael Fritsch is the founder of  Smarter Operations . An operations advisor, he's consulted startups as well as members of the Fortune 50. When companies, large or small, talk about technology, it's often within the context of challenges faced during implementations. As a leader in project management for two decades, I've observed that success in tech isn't just about the tool. It's about how you bring it into your operations. I previously discussed the five common pitfalls of technology implementations in a Forbes Councils interview. There I highlighted the challenges of this notion. According to research from BCG, 70% of digital transformation projects don't meet their objectives. With high failure rates, how can you ensure that your implementation will succeed? Today, I'm sharing five essential strategies to ensure your tech implementations are successful. 1. Optimize Before You Automate Before you jump into automating a process with a new tech soluti...