Techonology is Boon and Bane in many aspects, We as humans always kept innovation a path of success emerging from failures.
Some times great products die an embarrasing death but they lay road for great ideas to flourish later on. Our thirst for automation and betterment in human life has always been an end goal of every innovation in some or the other way which can be a failure or success.Following are Biggest Tech Failures and Successes of 2017:1. Equlifax: “We’re living in the beginning of an era of mass targeted attacks, things are bad and they’re going to get worse.
” said Nate Fick, CEO of security firm Endgame.1Information Security can be “Bane” side of the technology which always been a great threat. I agree with author stating this largest data breach in the US history as the failure and issue to fix. Our identity is break down into many identifiers like SSN, driver’s license, passport, employer ids.
This information is prevailed over goverment agencies and other organizations to autheticate our identity when provided. Many websites without permission gather information about what we search and social media reveals our family history, psychological values. With highly connected IoT5, we use many devices/apps like Google Home, Apple Siri, Facebook etc., which gather/store personal, health and financial information. With increasing technology, devices/apps which are vulnerable to attacks are also rapidly increasing, giving hackers more and more opportunities to invade governments, enterprise organizations & houses.
Equifax breach has effected 143 million consumers with exposing their SSN, Date of birth, username, passwords. Credit card and personal identity information of 209K people.2 Earlier to Equifax, many data breaches lost tens of millions of records including JPMorgan Chase, eBay, Home Depot and many medical organizations. Data Breaches happen over and over because of many small things like not promoting security patches, not revisiting their security policies very often, lack of awareness among the enterprise organizations that how great their product be, security should be their top priority. I feel security will be more stronger if all the indentifiers are not be stored at a single place, like SSN should only be accessed from SSN office and the user, driver’s license should be between DMV3 and user which reduces the scope of huge data breaches.2.
Juicero:Designing the user experience, target audience and problem it solves are one of the very first things to think of when developing a product.4 Main issue is cost, $400 worth of a product will only smash a packet of juice into a glass, Integration with wifi and a mobile app was unneccsary for Juicero. It also involves an additional cost of weekly subscription to their juice packs of $5-$8 which releases 8ounce of juice. Juicero did solve a very simple problem which can be done faster with bare hands.6 People rather choose to do things which are convinient than investing money on an over engineered product.
Lack of quaulity of juice in sachets, high price, unwanted dependencies & no value proposition made a strong case for the failure of Juicero.3. Uber: