No-shoring today could be tomorrow’s outsourcing

Have you ever heard of the term “no-shoring?” Neither have I – until very recently. The premise behind it is a reality that will only grow over time.

No-shoring refers to the sourcing of technical talent without the need to be local. It’s a trend that’s sure to be pick up steam with companies facing significant shortage in software developers, software engineers, project managers, designers, and many other professions.

Technologies at our fingertips easily enable productivity and communication between team members from afar, in a different state or halfway around the world. Technical skills and capabilities have emerged everywhere and are easily accessible to anyone curious and willing to learn. It’s far from uncommon these days to hire and manage a full team of web or app developers five or more time zones away from you.

You can easily video conference with others through Skype and chat via Slack. Not to mention the ability to share your screen and even have someone take over it if necessary. There’s little that can’t be done these days, and probably with even better efficiency than working with local team members.

Today, no-shoring can satisfy the challenge of not finding suitable talent locally, or having to offer exorbitant compensation to lure someone onboard.

Tomorrow, no-shoring could actually become what IT outsourcing was over a decade ago, except the on-boarding would be at least an order of magnitude simpler without the need for H-1B visas and procedural red tape.

Because no-shoring can also result in substantial cost savings without losing productivity, it also could be the new definition of job restructuring in the next economic downturn.

It’s here, and a very real thing. It’s only going to grow from here, and in a really big way.

Some progress on blockchain, perhaps

I’ve expressed much disdain over blockchain, cryptocurrencies, and the questionable thought leadership meant to position them with authority. When it comes specifically to blockchain, the true potential for applications beyond crypto continues to be largely unclear.

Despite this, I always have, and continue to believe it only takes one or two very compelling, highly successful use cases for blockchain adoption to grow exponentially across a wide range of industries.

IBM

IBM has been one of the large technology companies at the forefront of piloting blockchain-related applications. Perhaps the most prominent has been a collaboration with shipping giant Maersk to track cargo ships and containers worldwide, using a jointly created, blockchain-based logistics tracking platform known as TradeLens.

Recently, the #2 and #3 shipping companies have joined in with #1 Maersk to adopt and nurture this platform, which also has been in use by over 100 other shipping and cargo firms around the world.

IBM has also been tapped by the US FDA (Food and Drug Administration), along with Merck and Walmart to pilot the use of blockchain, with the aim of improving security over prescription drug supply and distribution. One potential is a significant reduction in the unauthorized access to opioids.

Public cloud

It may be somewhat unbelievable, but finally in 2019, blockchain services are now generally available on public cloud platforms. This can be beneficial to enterprises looking to evaluate the viability of implementing blockchain applications – without the great expense of building their own infrastructure.

But caution ahead!

Despite the availability of public cloud services to build blockchain systems, the viability of doing so may be far from certain for enterprises.

Gartner has predicted that 90% of current enterprise blockchain implementations will require a complete overhaul by 2021, due to obsolescence and other factors. Moreover, they’ve also proclaimed that 90% of blockchain-based supply chain applications will peter out by 2023.

A Gartner supply chain technology survey of user wants and needs found that only 19% of respondents ranked blockchain as a very important technology for their business, and only 9% have invested in it. This is mainly because supply chain blockchain projects are very limited and do not match the initial enthusiasm for the technology’s application in supply chain management.

Also perhaps noteworthy is that IBM, as part of its longtime diversification efforts, has been piloting technology projects in mobile computing (enterprise-focused iPad apps), artificial intelligence, and other areas, with long-term success not known with certainty.


I may be off-base in stating this… but banning local jurisdictions from building their own broadband networks is an absolute slap in the face of the American principles underpinning freedom and liberty. I guess they don’t apply for those seeking to protect business interests. From Motherboard:

A new report has found that 26 states now either restrict or outright prohibit towns and cities from building their own broadband networks. Quite often the laws are directly written by the telecom sector, and in some instances ban towns and cities from building their own broadband networks—even if the local ISP refuses to provide service.



Today, there are so many instances of ethical boundaries being crossed in many aspects of business. It’s a highly unfortunate reality, and as a marketing professional, I see this all the time.

I’ve recently learned about a particularly disturbing instance of ethnics violation in job recruiting. A candidate completes out a full-on project as part of the application process. The company then appropriates that project for business purposes while rejecting the candidate.


I really love Medium but…

One of the best online resources for long-form articles is Medium. It’s a very popular publishing platform covering a wide diversity of topics, but best known for its tech-focused content aimed at developers, designers, and startups.

“I really love Medium but…”

Finally, some revelations on GPU sales and crypto mining

I’ve found it mystifying as to why Nvidia and AMD, along with analysts have long been silent regarding the impact of cryptocurrency mining on GPU revenue. This despite the widespread reports of graphics card shortages for PC gaming enthusiasts. “Finally, some revelations on GPU sales and crypto mining”


Here’s an insightful interview with John Carreyrou, the reporter who thoroughly investigated – and ultimately laid bare – the massive scandal at healthcare lab testing startup Theranos.

Carreyrou, whose book on the scandal was just published (and is being adapted into a major motion picture), brought up the possibility of fraudulent startup activity as an indirect consequence of central backing activity:

Should we be surprised that Theranos happened, or surprised that it doesn’t happen more?

I don’t think we should be surprised given what’s gone on in Silicon Valley in the past 10 years with this gigantic flow of money into the Valley in large part triggered by the fact that the Fed kept interest rates so low and investors looked for new places to get returns. With that amount of money flowing in and founders being able to pick and choose who funds them and to turn down investors who do too much due diligence, you have the ingredients for excess and for wrongdoing.