We're over half way through the year and it's been an action-packed one so far. We've seen incredible IT and technology innovations hit the market, have met some incredible entrepreneurs from Canada and abroad, and have explored the changing landscape of the business world at large. Here are the hottest articles from the Business Hub so far, and the highlights that you may have missed.
10. What's it really like to pitch on Dragons' Den?
Winnipeg entrepreneur and CEO of LUMO Interactive, Meghan Athavale, discusses the details behind their appearance on the hit TV show, Dragons' Den. Her team demoed their software platform LUMO Play, which allows any large display to be transformed into an interactive surface. Learn how they prepared for the auditions, their pitch to the Dragons, and just how realistic the show is compared to the real world of venture capital and angel investors.
9. Understand the true costs of network downtime
Does data have value? Perhaps, but maybe not in the way you might be thinking. Bill Yaeger of Bell MTS Data Centres explored this question in his recent session at iTech Toronto 2017, where he also discussed the potential costs to a company when their network goes down. Learn the true dollar figures associated with network downtime, and how you can mitigate the risks.
8. How this company makes 20-year-old whiskey in 6 days
Barrel aging a fine whiskey takes decades, but what if you could figure out a way to do the same thing in six days? That's exactly what Bryan Davis has done, and as co-founder of a distillery and technology company called Lost Spirits, his disruptive technology might be about to turn the beverage industry on its head. By letting people age fine whiskey, rum and brandy in virtually no time, Bryan is doing to distilling what Airbnb and Uber did in other industries. This innovation reinvents an age old process, and some traditionalists aren't too happy about it. For others, it's a pure delight for the taste buds.
7. Canada 150: How many of these inventions did you know are Canadian?
As we celebrate Canada 150, we look back at the tech inventions and innovations that have made a lasting impact on our country and the world. How many did you know were developed right here at home, and which ones will surprise you the most?
6. How much is my company worth?
At some point, every business owner needs to determine the value of their company. Whether you're a startup looking for investors or an established business taking on a new strategy, at some point you'll need to assign a dollar figure to your business. The process of completing a business valuation seems straightforward on paper, but in practice can be as much art as science. Learn the steps to assign that value, and who you can talk to for some expert advice.
5. How did they get Wi-Fi in that airplane?
Which would you rather go without during a plane ride: food or the Internet? While our craving for connectivity continues to climb — even at 30,000 feet in the air — most of us don’t really know how it works. That’s why we’re here to separate fact from fiction when it comes to sky-high Wi-Fi. Buckle up and stow away your tray table so we can get started.
4. Teen inventor creates bra that detects breast cancer
After his mother's cancer diagnosis, an 18-year-old teen has invented a bra designed to detect signs of breast cancer, an invention he says could save the lives of millions of people. The "auto exploration bra," developed by Julian Rios Cantu, contains 200 sensors that spot early signs of cancer. This could really be a life-saving invention from a brilliant young mind.
3. Winnipeg traffic lights get "smarter"
Nobody likes being stuck in traffic, and the City of Winnipeg’s smart new Transportation Management Centre (TMC) is helping combat the issues. Garnering major attention thanks to the deployment of cellular modems at all of the city’s 650 signalized intersections, the traffic ‘nerve centre’ can monitor traffic signals in real time with video feeds from 70+ cameras at major intersections across Winnipeg.
2. How cloud services can recover business data in 15 minutes
What would you do if your business lost all its data or if all your systems were inaccessible? Could you afford to be offline for more than an hour…or more than a day? Most businesses don’t know the exact answer to those questions. This look into the true business benefits of cloud protection services and the ROI on your data backup can provide invaluable solutions — and peace of mind.
1. 10 Winnipeg startups you need to know
Winnipeg's startup scene has been pushing the envelope in a variety of unique, creative and inspiring ways that can only be described as world-class. We've seen an app developer striving to preserve Indigenous languages and cultures, a wedding planning service taking bookings and service strategy to a whole new level, and a virtual reality business bringing cutting edge 'augmented reality' to the forefront of the digital marketplace. These ten local high-growth businesses are just some of the entrepreneurs making our province proud.
What tops your list of the best technology, innovation and business trends for 2017? Let us know in the comments below.
Up Next: See our list of 2017's best business books to bring to the beach or cottage.