EdTech Insight – How to find opportunity in a crisis: Launching a spinoff business

by EdTechMate | Apr 11, 2024 | Blog

Executive Summary and Main Points The discussion with Drop Technologies CEO Derrick Fung offers several insights into strategic business innovation, especially in the context of responding to global events such as the COVID-19 pandemic. Fung shares valuable lessons...

EdTech Insight – How to find opportunity in a crisis: Launching a spinoff business

by EdTechMate | Apr 11, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Derrick Fung, CEO of Drop Technologies, shares insights into the strategic decision to launch a separate B2B venture called Cardify (now Drop for Business) to capitalize on the company’s consumer transaction data. This move...

EdTech Insight – Embedded finance: The choices and trade-offs for US banks

by EdTechMate | Apr 11, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Embedded finance (EF) has recently soared, with nonfinancial entities offering financial products like loans and insurance within their broader services. Notably, tech platforms, in partnership with banks, have developed innovative...

EdTech Insight – Microsoft will unveil new Windows and cloud AI features in May

by EdTechMate | Apr 10, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent announcements from Microsoft signal significant momentum in the integration of Artificial Intelligence (AI) into PCs, cloud services, and developer tools. Key highlights include Microsoft CEO Satya Nadella’s vision of...

EdTech Insight – ITモダナイゼーションを加速させる8つの戦略

by EdTechMate | Apr 10, 2024 | CIO, News & Insights

“`html Executive Summary and Main Points The pressing need for rapid modernization of applications and infrastructure is crucial as organizations seek to capture new opportunities in the face of innovation pressure. The recent shift of generative AI from...