President Trump has implemented a Huawei ban. What this means is that Huawei will no longer be able to use ARM chips or Google’s operating software to build its smartphones. While the US fears that Huawei is likely to ‘steal’ intellectual property, specifically 5G-focused technologies, the truth is that one of America’s biggest assets today is its advanced technological capabilities. Where the US stands now is being able to disrupt 5G potential power using AI and Blockchain, bringing incredible advantages. 5G, along with Machine Learning and Blockchain, will have tremendous impact on all aspects of our lives. This technology will influence how farmers monitor autonomous smart tractors and how car makers make smart ‘roads.’
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Once upon a time, about a decade ago, Microsoft was a much disliked company. In 2011, TechRepublic had an article, “How Can Microsoft Clean Up Its Bad Reputation.” Fast forward to 2019, Microsoft enters the $1T market cap group and has a CEO who says that any celebration of market cap ‘disgusts’ him. So, how did this remarkable turnaround happen? Some may say Satya Nadella. Yes, Mr. Nadella executed a bold pivot to enterprise software and focus. The truth is that Microsoft, despite its size, was able to pivot, innovate, and relaunch itself as a forward-thinking, innovative organization. Mr. Nadella’s achievement, growing the company by 230% since his arrival, is no small feat. He executed a pivot in the truest sense. Disciplined innovation can be incredibly rewarding.
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In Mayor Turner’s 2019 State of the City speech, technology and innovation held center stage. Houston’s innovation map is growing. Austin’s Capital Factory will partner with the Cannon to engage with local Houston startups. Also this month, Data Gumbo, Houston’s blockchain-as-a-service startup received $6M in Series-A from Saudi Aramco Energy Ventures. Solugen Inc., a chemicals manufacturer, closed $32M in Series-B funding this month from Founders Fund, and Y Combinator, Refactor Capital, Fifty Years, and KdT Ventures. "We're not walking; we're sprinting," Mayor Turner says. "There is no better place for an [innovation] ecosystem to take place than Houston."
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