Connect with us

Business and Finance

why Coles has just hired US defense contractor Palantir

Published

on

What does the Australian supermarket chain Coles have in common with the CIA? They have each been customers since last week Palantir TechnologiesAmerican technology company “focused on creating the world’s best user experience with data.”

As a part of the three-year deal, Coles plans to roll out Palantir’s tools in greater than 840 supermarkets to cut the prices and “redefine the way we think about our workforce.”

The technology company, named after the magical seeing stones from The Lord of the Rings, offers end-to-end software that collects, organizes and visualizes customer data into “one platform to rule all of them“. In the case of an intelligence agency, Palantir’s tools could also be helpful discover a terrorist cell through telephone calls and financial transactions; in a health care organization, they’ll find ways to lower your expenses shortening stays in emergency departments.

For Coles, goal is to “optimize your workforce” by analyzing “over 10 billion rows of data covering every store, team member, shift and allocation across all time slots, every day.”

The announcement is here connected according to Coles’ plan to avoid wasting $1 billion over the following 4 years and beyond 2019 Big Data agreement with Microsoftconstructing effort robotic delivery centersand introduction cameras tracking customers and other technologically advanced security measures.

Palantir trial

What might Palantir-Coles cooperation appear like in practice?

Typically, Palantir first sends “deployed engineers” to start out working with the organization’s data, which is commonly messy, incomplete and fragmented. These engineers work with various departments and stakeholders to mix data into one compatible whole called “Ontology”, which comprises all information deemed relevant.

Then the info will be entered into the Palantir platforms – on this case, configurable software called Foundry and Artificial intelligence platform.



Platforms enable customers to explore data dense yet user-friendly interfaces crammed with columns and rows, fields and contours. The AI ​​platform also introduces language models just like ChatGPT.

Users can compare earnings between branches, flag a store that appears inefficient, or discover an upcoming high-spending period based on historical patterns.

This all probably seems trivial, even boring. It’s actually less overtly problematic than Palantir’s work with governments and law enforcement, which has been heavily criticized for enabling deportation based on data Or racist policeand I saw an organization described as “evil“.



However, a contract doesn’t should be overtly sinister to be significant. The surveillance and control technology is silent becomes infrastructure, moving from front-page news to something quietly ticking within the background. In this sense, Palantir is moving from the visible to the operational, unnoticed but powerfully shaping the lives and livelihoods of Australian supermarket staff and customers.

Workforce optimization

We can briefly outline three implications of this agreement.

Firstly, by signing this agreement, Coles is presenting itself as forward-looking and logistically oriented. Grocery and food market jobs are increasingly becoming data, as are hedge funds, health care, and immigration, which other Palantir clients coordinate.



Last yr, supermarkets were under fire increasing profit margin by the pandemic and the fee of living crisis and accused of underpaying employees.

The Palantir deal continues this mining trajectory. Instead of paying staff more or passing the savings on to customers, Coles has chosen to speculate thousands and thousands in technology to “solve workforce costs” as a part of this system greater effort to scale back costs by $1 billion over the following 4 years. Food (and the labor needed to grow, package, and ship it) is transformed from a human need into an optimization problem.

Garden surrounded by a wall

Secondly, dependency. How I discovered my very own research, Palantir customers enjoy comprehensive data and recent features, but in addition they turn into depending on them. Data is growing; recent servers are needed; License fees are high, but they need to be paid.

The agreement between Coles and Palantir covers a three-year program of planned works.
Dan Himbrechts/AAP

Like Apple or Amazon, Palantir’s services excel at making a “seller lock,” an ideal walled garden that is hard for purchasers to depart. This pattern suggests that over the following three years, Coles will increasingly depend on Silicon Valley technology to know and manage its business operations. An organization that sells 1 / 4 of Australian groceries could turn into operationally depending on the US tech titan.

Way of seeing

Finally a vision. What Palantir sells is actually a way of seeing. Its dashboards promise view through God’s eyes that may span your entire organization or zoom in on granular information to locate that “needle in a haystack” knowledge.

It has been claimed that this data-driven view is a shortcut to total knowledgea option to map every operation, expose every necessary element, and discover every inefficiency.

A composite diagram illustrating Palantir's
Palantir guarantees a “total picture” of the organization that allows full control and optimal decision-making.
Palantir

However, this data inevitably excludes necessary social, financial and environmental information. The sweat of staff attempting to pack at pace, the belt-tightening of consumers attempting to make ends meet, and the struggle of farmers to survive unexpected climate impacts will remain.

Details like these never appear on the platform – and if they are not data, they do not matter. Will Palantir’s data-driven myopia impact the best way Coles views its employees and customers?

By placing Palantir at the middle of its business, Coles is quietly sneaking in several key assumptions: that food is a commodity that should be optimized, that paying for work is a risk slightly than a responsibility, and that data can capture all the pieces that is necessary. In time increased food insecurityAustralians should definitely ask themselves whether that is the direction one in all our major grocery suppliers should take.

This article was originally published on : theconversation.com
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business and Finance

First black lottery operator

Published

on

By

Emmanuel Bailey


In a city that pulls thousands and thousands of individuals all over the world, Emmanuel Bailey’s success story began in Washington. He began from humble beginnings, growing up with a single mother and moving from rental to rental throughout town and the Washington, D.C., metropolitan area for many of his childhood. At the peak of the drug epidemic, he saw his hometown affected by crime and poverty, and when he returned from college, his town was considered the murder capital of the country. Yet despite these adversities, he all the time worked hard and looked to a brighter future – a super his mother instilled in him since he was a small child.

As Bailey began his journey to a brighter future, he realized that to achieve success, he needed to pursue a university education. Through these pursuits, he became the primary member of his family to attend and graduate from college. He enrolled at Eastern Kentucky University, earning a bachelor’s degree in business administration. While at EKU, he set out to realize the high level of success his mother expected of him in all areas. After graduating from EKU, he obtained an Executive MBA from the Business School. Robert H. Smith on the University of Maryland.

Emmanuel achieved early success within the financial sector. Over the following 25 years, he rose through the ranks, starting as a branch manager at Citizens Bank of Maryland and ending with vice chairman of Fannie Mae. These roles provided him with invaluable experience as a seasoned entrepreneur and leader. After all the pieces he had achieved at Fannie Mae, it was time to strike out on his own.

Seeing the potential within the lottery industry, Emmanuel founded an operations and management services company to run lotteries more efficiently and effectively. Key service providers (VSC) has management experience in all facets of the state lottery contract, including providing direct supervision and management of lottery agents, retail systems, implementation and maintenance of gaming equipment, and oversight of the performance of the central gaming system. He worked in various positions in state lotteries across the country to achieve real institutional knowledge of the ins and outs of the brand new industry he was entering. Combining his latest knowledge with business sense, he decided to win contracts with the most important names within the industry.

The lottery industry is amazingly competitive, and contracts are sometimes awarded to large national firms. However, as Emmanuel grew his business, hiring experienced staff and expanding VSC’s capabilities, he began to make a reputation for himself as a trusted and talented operator within the industry. He soon partnered with titans in the sector and eventually became the one black business owner to operate a state lottery in your entire United States, in his home “state” of Washington.

But his success didn’t end there.

Bailey continued to hone his expertise, turning VSC right into a multi-million dollar company with over 100 employees. He was honored with the 2020 North American Association of State and Provincial Lotteries (NASPL) Powers Award, which he won based on nominations from the DC Lottery itself. In its nomination, the District of Columbia said Emmanuel “is far from a stereotypical executive… and will ensure that the DC Lottery continues to operate every day and that our company remains profitable into the long-term future.” It continues to grow its business by opening a VSC office in Maryland and searching to expand its geographic reach.

Despite all his success, Emmanuel never forgot his family and his connection to his community. He stays deeply committed to giving back to DC communities. He has donated a whole lot of 1000’s of dollars to varied local DC-based organizations supporting programs comparable to school athletic and humanities departments, educational support and health care. He also served and continues to serve on the boards of many local organizations.

Now Emmanuel looks to the longer term. Always striving to enhance his business, Emmanuel works to enhance operations and improve the efficiency of the DC Lottery, while also giving back to the community and creating more opportunities for young children growing up in circumstances like his own. While his feet are firmly planted within the DMV, his ambitious and entrepreneurial spirit has his eyes on expansion into additional states. He says his best achievement, above all his other achievements, is that he helped his mother retire.


This article was originally published on : www.blackenterprise.com
Continue Reading

Business and Finance

David Shands and Donni Wiggins host the “My First Million” conference at ATL

Published

on

By


December is the birth month of David Shands and Donnie Wiggins, friends and business partners. Most people have fun by throwing a celebration. Others imagine it must be catered for. The chosen ones spend the day relaxing in peace and quiet.

Then there’s Shands and Wiggins.

The two decided that the best birthday gift can be to offer individuals with resources for generational wealth through a conference called “My first million”in Atlanta.

It’s a compromise between how their families and family members need to honor them and their desire to proceed to serve others. Shands acknowledges that almost all people won’t understand, and he unapologetically doesn’t expect them to.

“It’s not up to us to convince anyone why we do what we do,” admits Shands.

“I think everyone does what they do for different reasons, and I would just attribute it to a sense of accomplishment that I can’t explain to anyone else.”

He doesn’t need to clarify this to Wiggins because she understands his feelings. Wiggins has had a passion for serving others for so long as she will be able to remember.

“When I was in middle school, there were child sponsorship ads on TV featuring children from third world countries. I was earning money at the time and I asked my mother to send money,” she says BLACK ENTERPRISES.

She recalls how sad she felt for youngsters living in a world with so many opportunities, but at the same time going hungry. Her mother allowed her to send money, and in return she received letters informing her of their progress.

“It was very real to me,” Wiggins says, now admitting she’s undecided the letters were authentic. “I received a letter from the child I sponsored, a photograph and some updates throughout the 12 months. It was such a sense of being overwhelmed and it was something I felt so good about. I didn’t even tell my friends I used to be doing it.”

She carried this sense throughout her life, even when she lost every little thing, including her house, cars, and money. She still found ways to serve and give back, which is the basis of her friendship with Shands.

They each love seeing people at the peak of their potential, and that is what “My First Million” is all about. There can be no higher birthday gift for them than helping others create generational wealth.

What to expect during the “My First Million” conference.

They each built successful seven-figure empires, then train others, write books about it, and launch an acclaimed podcast Social proof.

Now they’re imparting that knowledge through the My First Million conference, an event for aspiring and existing entrepreneurs. Shands and Wiggins need to prove that being profitable is feasible and encourage people to bet on themselves.

“David and I, on paper, are not two people who should have made millions of dollars. Number one, we want (people) to see it,” Wiggins says. “Then we want them to actually get out of that room with practical and actionable steps.”

Both are clear: this just isn’t a motivational conference. This is a conference where people, irrespective of where they’re of their journey, will come away with clarity about their business and what they must be doing as CEOs. Shands and Wiggins want individuals who do not have a transparent marketing strategy or are considering starting a business to also attend the meeting.

“A few areas we will cover are inspiration, information, plan and partnership,” adds Shands. “We will give you 1-2-3 steps because some people get depressed and uninspired. Even if they know what to do, they won’t leave, go home and do it. So we have to really put something into their heads and hearts that they come away with.”

Sign up and enroll for My First Million Here. The conference will happen on December 13 this 12 months. but Shands and Wiggins say it definitely won’t be the last for those who miss it.


This article was originally published on : www.blackenterprise.com
Continue Reading

Business and Finance

Operation HOPE on the occasion of the 10th annual world forum

Published

on

By


Operation HOPE Inc. takes over Atlanta for the biggest game in the country dedicated to financial literacy and economic empowerment, Saporta reports.

The HOPE Global Forums (HGF) Annual Meeting 2024 strengthens the crucial link between financial education, innovation and community upliftment in hopes of finding solutions to the problems that stifle challenges around the world.

Organized by Operation HOPE founder John Hope Bryant, together with co-chairs Atlanta Mayor Andre Dickens and U.S. Ambassador Andrew Young, the forums, to be held December Sep 11 at the Signia Hotel, will have fun its 10th anniversary with three days of engagement discussions, observations and forward-looking presentations.

Under the theme “The Future,” Hope Bryant says attendees are looking forward to a “powerful moment in history.”

“Over the past decade, we’ve brought together great minds with daring ideas, servant leaders with voices for change, and other people committed to a brand new vision of the world as we realize it. “‘The Future’ is a clear call to action for leaders to help ensure prosperity in every corner of society,” he said.

The extensive program includes influential and well-known speakers who address business, philanthropy, government and civil society. Confirmed speakers include White House correspondent Francesca Chambers, media specialist Van Jones and BET Media Group president and CEO Scott M. Mills.

“John Hope Bryant and his team have been doing this for ten years, and every year HGF raises the bar,” Young said. “Discussions about the FUTURE are important not only for civil dialogue; they are also essential to bridging the economic divide and solving some of today’s most important problems.”

Atlanta is predicted to welcome greater than 5,200 delegates representing greater than 40 countries.

“I have long said that Atlanta is a group project, and through our partnership with HOPE Global Forums, we are inviting the world to join the conversation,” Dickens mentioned. “From home ownership and entrepreneurship to youth engagement and financial education, HGF will offer bold and innovative ideas to ensure a bright future for all.”

It coincided with the organization’s annual meeting launched one other path to enhance financial knowledge with HOPE scholarships. With three tiers of scholarships – HOPE Lite, HOPE Classic and HOPE Silver – clients could have access to free financial coaching and academic resources.


This article was originally published on : www.blackenterprise.com
Continue Reading
Advertisement

OUR NEWSLETTER

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Trending