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Technology is transforming work and the way we do business

7/17/2017

 
Picture

​Tim Sheehy

​President of MMAC
​"Many of our members –
both large and small –
are not only keeping up
with technology, they’re
creating the next wave of
innovation."
​Take Rockwell Automation for example. The company was founded in 1903 here in Milwaukee and for the next 100 years it provided the bulk of discrete resistors used for electronics and other products. Fast forward to 2016 and Rockwell no longer considers itself a manufacturer, but a technology company.

“The past 12 years have been transformational for Rockwell Automation,” said Donald Parfet, lead director at Rockwell. “We’ve become a global technology leader and the world’s largest company dedicated to industrial automation and information. Equally important, we are well positioned to accelerate our evolution with industry-leading innovation that improves our customers’ global competitiveness.”
There was a time, not that long ago, when technology was something you “plugged in” to your business. A faster computer, a more sophisticated phone system or a new software platform.

Today, technology is not an isolated tool, but a way of life, both personally and professionally. For most of us, it’s hard to keep up with the latest developments. But many Many of our members – both large and small – are not only keeping up with technology, they’re creating the next wave of innovation.
​

​Transformation to a technology led business model can be intimidating, and it is not without risks. The sheer amount of data being received, sent and collected leaves companies vulnerable to cyber-attacks. More than 80% of U.S. companies have been successfully hacked, according to a Duke University/CFO Magazine Global Business Outlook Survey!

What can you do to mitigate the risks and capitalize on the developments? Start by tapping into your MMAC network. In this issue, you’ll read about a number of member companies that are utilizing tools in new ways and provide tips on protecting your data. They can help you keep up and get ahead — making our region's business community more competitive and ahead of the ever-changing technology curve.

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  • JOIN
  • Membership
    • The benefits of joining
    • Member directory >
      • Member Spotlights
      • Talent Solutions Directory
    • What we do >
      • Talent >
        • Ranking Milwaukee County Schools
        • Education recommendations
        • Technology Education & Literacy in Schools (TEALS)
        • Career-based learning experiences
      • Growth
      • Livability
      • Equity
      • Peer metro comparison
    • Cost saving programs >
      • Health insurance plan
      • Office supply discount program
    • Events >
      • 2021 All Member Meeting
      • Diversity, Equity & Inclusion Summit
      • Talent Solution Series
      • Emerging Leaders Series
      • Global Business Insights Series
      • Member Orientation
      • Replay: The Business of MKE Series
      • Replay: Race Bridge Series
    • For members only >
      • Fall 2022 Impact Report
      • Sponsorship
      • Advertising
    • Need more info?
  • Networks
    • Leadership Council
    • President's Huddle
    • Executive roundtable program
    • FUEL Milwaukee for young professionals
    • Future 50 Awards Program
    • Networking Forum for referrals
    • Region of Choice Initiative
    • Roundtables for high-growth companies
    • World Trade Association
  • Advocacy
    • 2021-2022 Legislative Scorecard >
      • Senate Votes
      • Assembly Votes
    • Recent Legislative Wins
    • Funding Local Governments
    • Miller Park economic impact study
    • Wisconsin State Legislature
    • K-12 Education Recommendations
  • Economic Development
    • Milwaukee 7 Partnership for Economic Development
    • MKE Venture Mentoring Service
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Milwaukee EB-5 Visa program
    • Starting a business >
      • BizStarts
      • New business planning guide
    • More about Milwaukee
  • Metro MKE
    • 2023 Navigate Business MKE
    • Business outlook survey
    • Economic trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About
    • Board of directors
    • Career Opportunities at MMAC
    • Staff
    • Milwaukee Commerce magazine
    • Press releases
    • Members of the media >
      • Recent Media Coverage
    • Scholarships for minority students