Recently, Jim Heppelmann (President and CEO of PTC, the company I currently work for) was featured in an article in the Boston Globe talking about PTC’s exciting move to the Boston Seaport, A.K.A. The Innovation District. The article also featured the story of how Boston’s Mayor, Marty Walsh, came to PTC for a visit and spoke to the employees at one of our famous socials. He praised the company and the employees for making the move to Boston’s newest up and coming hub for business and cultural innovation! And the seaport is pretty much an amazing new innovation district at that—especially with all the incredible simultaneous construction projects going on down there. However, it might be interesting to take quick walk down memory lane to reminisce about Boston’s other innovation districts, of the past. Let’s go all the way back to Colonial times. Over by where North Street meets Moon Street is Paul Revere’s House. This historical landmark is located in Boston’s North End district, now synonymous with the Italian-American community. However, back in the late 17th Century, this area was well known for it’s silversmiths (like Paul Revere, an innovator of his time), blacksmiths, artisans, journeymen, and laborers. For a city that was founded in 1630, this part of Boston became its innovation district of that time. Fast forward through the Industrial Age which affected the entire world, Boston included, and you will see that another innovation district presented itself. This time on the Boston waterfront known as Boston Harbor—part of which is where today’s Boston Seaport Innovation District now resides. For over two hundred years, Boston Harbor, which compromises all the famous Boston wharves such as Long Wharf, Rowes Wharf, Fish Pier, Commonwealth Pier, and Union Wharf to name a few, were the gateways to shipping, railroads, international commerce, jobs, markets, construction, and of course innovation. Without the wharves of the 18th and 19th Centuries, Boston could not have grown...
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November 15, 2019You know, people spend a lot of time at work talking about what they watched the night before on their favorite video streaming service. But what they don’t do is talk much about is how the digital video streaming services out there are really changing the media and entertainment landscape of our digital world. And then there are events that really put a fine point on that last observation. Like what you ask? Well, this past Tuesday (11/12/2019) Disney+, the newest and probably most hyped video/movie/TV streaming service from the “House of The Mouse” just launched what it hopes to be a serious market‐disruptor! My little digital batkid was very happy when we signed up for Disney+, and so was Disney! Here’s why: Disney bought Fox for $60B, that’s BILLION with a B! All of their content will now go onto Disney+. Disney spent $2.5B on an ESPN service to stream major sports to customers like the MLB. Disney spent $4B on Star Wars (i.e. Lucasfilm) and wants to recoup every bit of that both with new Star Wars theatrical films and exclusive Star Wars original streaming programs like The Mandalorian. Disney+ will feature over 500 films from the Disney library, and over 7000 episodes of Disney TV shows. Disney+ will cost on $7 a month compared to $13 for Netflix’s base program. Disney has invested over $2B in developing its video streaming platform, Disney+, while Apple is playing catchup investing nearly $15B for AppleTV+. Disney plans on having over 20 million subscribers in its first 3 – 5 years. Netflix currently has over 140 million subscribers! Disney wants some of that lucrative market share. HBO GO/NOW will be rebranded into HBO MAX with a planned subscriber fee almost twice that of Disney+! Yet, it boasts such powerful and popular...