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Monetizing Personalized Transportation Experiences by Exploiting Big Data

Corporate Innovation

ACE vehicles combined with Mobility Services such as ridesharing, car sharing and multimodal transportation options will give rise to a new personal mobility model that combines car ownership with car access. The emerging car ownership/car access hybrid model for personal mobility will negatively impact the automotive industry’s established business models , as well as the models of other industries that are part of the transportation ecosystem. The monetization of personalized transportation experiences has the potential of higher margins.

Mobility and Transportation Disruption: Manufacturing On-Demand

Rocketspace

When thinking about the future of mobility, manufacturing isn't an industry that immediately jumps to mind for most people. Trends Logistics Mobility

Monetizing Personalized Transportation Experiences by Exploiting Big Data

Corporate Innovation

ACE vehicles combined with Mobility Services such as ridesharing, car sharing and multimodal transportation options will give rise to a new personal mobility model that combines car ownership with car access. The emerging car ownership/car access hybrid model for personal mobility will negatively impact the automotive industry’s established business models , as well as the models of other industries that are part of the transportation ecosystem. The monetization of personalized transportation experiences has the potential of higher margins.

Is Digital Technology Really Making Us Any Better Off?

Innovation Excellence

Digital Technology The Economy aging Apple Appliances change computing invention Solar Energy Solar Power Steve Jobs Transformation transportationWhen Steve Jobs was trying to lure John Sculley from his lofty position as CEO at Pepsi to Apple, he asked him, “Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?”

The Challenges Facing Our Future Mobility

Rocketspace

The future of mobility looks bright, but it's not just technological challenges that have to be overcome before driverless cars, unmanned aerial vehicles (UAVs) and Hyperloop transport are common. Each of these transport revolutions comes with its own set of ethical issues, legal and liability problems, and the unique challenge of public, government, and business appetite for these changes. Corporate Innovation Corporate-Startup Partnerships entrepreneur

Monetizing Personalized Transportation Experiences by Exploiting Big Data

Corporate Innovation

ACE vehicles combined with Mobility Services such as ridesharing, car sharing and multimodal transportation options will give rise to a new personal mobility model that combines car ownership with car access. The emerging car ownership/car access hybrid model for personal mobility will negatively impact the automotive industry’s established business models , as well as the models of other industries that are part of the transportation ecosystem. The monetization of personalized transportation experiences has the potential of higher margins.

Big Automakers Look to Startups to Ignite Innovation

Rocketspace

Ford's foray into ride-sharing via its purchase of the Chariot shuttle service in the beginning of September marks one of the latest moves of big automakers seeking innovation through partnerships with transportation startups. Other major global automakers, including BMW, Volvo, Toyota, and GM have made several acquisitions and dozens of investments in startups over the past five years, and CB Insights says private auto tech companies are likely to break deal and funding records this year. Working With Startups Corporate-Startup Partnerships

Lessons learned from RocketSpace's Corporate Membership Summit in September

Rocketspace

With two days of workshops on topics like practical innovation and presentations from entrepreneurial leaders such as Dirk Ahlborn, CEO of Hyperloop Transportation, the event gave attendees a practical toolkit to bring their ventures to market faster. Here are some of the most powerful lessons learned from the event: Working With Startups Corporate-Startup Partnerships

Welcome to the Future of Drones: An Insider's Look

Rocketspace

For corporate innovation teams in mobility, transportation, IoT (and more), drone tech is a major area of opportunity. The FAA predicts that as early as 2017, 2.5 million drones will be used in the United States alone, and drone sales will exceed $5 billion. By 2025, the drone market will create an $82 billion economic impact and account for 100,000 jobs in the U.S. Insider Corporate Innovation Trends Drones

10 Industries The Internet of Things Will Change Forever

Game-Changer

Transportation. The complexities associated with transportation – particularly in densely populated urban environments – are many, though studies show, increasingly, that the IoT has a part to play in making transport safer and more efficient. According to McKinsey, linking the physical and digital worlds could generate up to $11.1 trillion a year in economic value by 2025.

Why Corporate Accelerators Fail — and What to Do About It [Part I]

Rocketspace

This capability is especially important in industries like aeronautics, food and agriculture, telecommunications, and transportation that are otherwise resistant to change. Entrepreneurial ecosystems around the world are experiencing a rise in demand for accelerators that provide resources to promising startups, and corporations are embracing this new model for sparking innovation.

Comment on To Fee or Not To Fee…That is the Question by Chris Price

Stephen Shapiro

As Uber makes transportation more accessible, so do other technologies make our content more accessible. Great points Stephen and good analogy with Uber. Like a taxi company that once had a monopoly, we no longer can sit on our laurels and expect customers to bend over backwards for us. We have to come to where they are. That’s hard work and many would rather moan, complain, and wish for the old world. Thanks for sharing your perspective

Elon Musk – Serial Entrepreneur and founder of Tesla Motors and SpaceX

Destination Innovation

In 2008 NASA chose SpaceX to transport cargo to the International Space Station (ISS). In 2013 Musk proposed a radical new concept for transportation, the ‘Hyperloop’ which would transport people at speeds of up to 700 mph through pods in low-pressure tubes. He wants to find radically new and cleaner ways of transporting people. Insights for Innovators. Think big.

Create your own Corporate Miracle Garden

Destination Innovation

The jaded visitor is transported into a joyful mood. I recently visited Dubai to give a class on Innovation. I asked the hotel concierge for a recommendation of where to visit on a free morning. He listed all the main sights but I had already seen them. He then suggested something new, the Miracle Garden. It is a remarkable place in the Western outskirts of the city.

Can you innovate with the under-utilized assets in your business?

Destination Innovation

Brandy was originally a by-product used to help transport wine. In the middle ages in France duties were levied on the volume of wine being transported. Sometimes the by-product, the surplus or the unwanted extra can become the unexpected success. All it takes is a little imagination. Merchants boiled off water to concentrate the wine so as to reduce the taxes they paid.

High-Profile Deals Show Corporate Fervor for Tech Startups

Rocketspace

JetBlue's venture investment in airport ground-transport booking firm Mozio in July is one in a recent series of high-profile deals that demonstrate the eagerness of big businesses to partner with tech startups that can provide expertise, new capabilities, and innovative leadership. “We Corporate Innovation Trends

To Get Big, Start Really Small

Tim Kastelle

Railways were first developed to help get coal out of mines; their real significance as the main means of transport of people and goods was difficult to even imagine in a world of canals, turnpikes and horses. When you’re starting out with something new, it’s important to understand that your customer is never “everyone.” This reflects several important issues.

In business, you change with the times or flame out

Game-Changer

This includes people working in service industries like transportation; such as taxi drivers. How is the world going to look like in 5 to 10 years? Unfortunately the average Joe doesn’t ask himself this question. Rather, people go about their daily lives without putting any thought as to how their lives will be different in the future. It’s not Uber’s fault.

The Wheel: A Great Innovation?

Innovation in Practice

How could anyone who understood the concept of the wheel not have used it for transportation? A more important question: Was the wheel such a good idea that building a toy dog on wheels should inevitably have transformed a transportation system? Wheeled transport is not an obviously good idea. Historically, neither is true. The concept of a wheel emerged a long time ago.

Understanding innovation's past leads to incredible insight

OVO Innovation

Very few companies existed and most "innovation" was in the realm of transportation - primarily moving goods and/or people on waterways (canals, steamships) or rail. After the Civil War and up to the Great Depression there was a significant flowering of major industries, building on the transportation infrastructure built earlier and on the idea of mass production. Mass production isn't all that useful unless there is a good transportation infrastructure, as an example. Transportation was either privately financed by large groups or by the government.

Fresh Air From Students' Open Eyes at ExxonMobil

Imaginatik

Antigravity and Hovering Technology for Transportation. I had the pleasure of organizing a special future oriented ideation session for ExxonMobil with students of the Foresight program of the University of Houston College of Technology. Those students did a great job challenging the team of ExxonMobil by simply sharing their vision of the future. That is important. Wearables.

A Model for Dual Corporate Innovation Management

Tim Kastelle

automobile or food industry, public transportation), or a more adaptive style if the environment is highly dynamic and unpredictable (e.g. As reiterated by Tim Kastelle in the previous post , it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both are equally important. Adapted from: [link].

Automakers Must Partner Around Big Data

Corporate Innovation

As mobility services are starting to play an increasingly important role in transportation solutions, companies that offer such services become ideal partners to automakers. Apple’s just announced investment in Didi Chuxing (and here ), in addition to the broad implications to Apple’s services in China, e.g., ApplePay, is a further indication that data partnerships even among companies that are some of the best in class, can be essential for developing next-generation transportation solutions, including autonomous vehicles. Indeed, we are already almost there. Implications.

A Big Clue Your Strategic Planning Process Is Focused on the Wrong Issues

BrainZooming

We spent 3/4 of a day working on the strategic plan for a cross-border transportation service. Talking with a client team about facilitating its strategic planning process , we discussed why completed strategic plans sit on shelves. There are multiple reasons for this unfortunate situation. I think an important reason is when a strategic planning process focuses on the wrong issues.

NYC Buses prove innovation must start with the customer

Idea to Value

When asked about what was most important to them, people using the buses in New York City just gave the public transport department a big surprise. You know, all of the things which directly impact the primary purpose of the service the customers actually use, which is transportation from point A to point B. “We’re What was instead important to them? Service Frequency. Travel Time. Availability of Information. Conditions at the Station and Bus Stops. We’re really not trying to criticize agencies for providing Wi-Fi,” says Steven Higashide, TransitCenter’s senior program analyst.

9 Patterns of Disruption: The new cooking recipe for business disruption

Idea to Value

Today, a business can be a major transportation-for-hire company without owning any vehicles, or offer travellers accommodations worldwide without owning any hotels. A light bulb went on for me as I was reading a series of reports from Deloitte University Press on disruption. We were able to combine them in new ways. https://www.doblin.com/ten-types/. Align price with use. Converge products.

In the future you are either a digital business or a dead business

Game-Changer

In our phones we have apps of all kinds: social networking (Facebook, Twitter, Whatsapp), transportation (Uber), navigation (Google Maps), travel (AirBnB), productivity (Evernote, Dropbox), collaboration (Basecamp, Slack, Trello, Skype), etc. Today, every business is digital and it’s changing how business is done. But many businesses have yet to wake up and understand this reality.

Data 112

Find your worst nightmare… and make it come true!

IdeaScale

But there is little doubt that electric vehicles will dominate transportation in a time span that it takes to grow a newborn child into elementary school. The next wave of disruption. Uber disrupted the world taxi market in a couple of years and even the courts are having trouble slowing their growth. Even in other less-Uber-dominated markets, you can still find similar locals services.

When the business models shift, innovators rejoice

OVO Innovation

Self-driving cars can schedule their own maintenance appointments, during the day while office workers are at work, or during the evening when people no longer need transportation services. Adding the constant flow of information, ubiquitous networking and real-time analysis capabilities mean that companies like Google are fascinated by completely automating the transportation network, meaning that disruption will occur based on a competitor with different skills that suddenly become more valuable. What does an innovator do when the reigning business model tumbles?

Trend-driven Innovation for Product Managers

Innovation Excellence

It made transportation more convenient and also made earning money easier for drivers. Smart product managers study trends and innovate accordingly. This is trend-driven innovation. Uber’s success is an excellent example of trend-driven innovation. Both were possible due to changes in perceptions of sharing – a trend that became known as the sharing economy. Trends.

Vertical Integration at Amazon

Michael Roberto

767 aircraft it will lease from Air Transport Services Group Inc. News of the deal sent the air-cargo transportation company’s shares soaring as much as 24% on Wednesday. The Wall Street Journal reports today that Amazon will be moving aggressively to expand its in-house logistics capabilities. Here is the lead of the article: Amazon.com Inc. is taking to the air with a fleet of planes, part of a broader effort to reduce its inflated shipping costs. The Seattle retailer plans to shuttle merchandise around the U.S. using as many as 20 Boeing Co. There may be other valid reasons.

Automakers Must Partner Around Big Data

Corporate Innovation

As mobility services are starting to play an increasingly important role in transportation solutions, companies that offer such services become ideal partners to automakers. Apple’s just announced investment in Didi Chuxing (and here ), in addition to the broad implications to Apple’s services in China, e.g., ApplePay, is a further indication that data partnerships even among companies that are some of the best in class, can be essential for developing next-generation transportation solutions, including autonomous vehicles. Indeed, we are already almost there. Implications.

The Founder of IKEA is the Master of Frugal Innovation

Destination Innovation

The packs took less space than regular furniture so they saved IKEA money in transport and storage. Ingvar Feodor Kamprad was born in 1926 on a small farm in the Swedish province of Småland. He had an austere upbringing and the lessons he learnt in thrift stayed with him throughout his life. At the age of six the boy started a business selling matches to neighbours.

Creative Quickies – Taking Both Business Strategy Paths at Once

BrainZooming

There was a nearly month-long labor strike at the transportation company where I worked. My natural inclination when it comes to business strategy is to identify what is MOST IMPORTANT and build everything around that. Tie the objectives, priorities, and strategies to a very tight focus for an organization. My most memorable example of this goes back to early in my career.

It’s a BatMobile! It’s a Pod Racer! It’s…the Polaris Slingshot (A Tale of Crowdsourcing Success)

Spigit

But only Spigit customer Polaris has crowdsourcing to thank for the unique design of the Slingshot, their recently-released three-wheel motorcycle that’s been compared to every superhero transport in the books. What do Bruce Wayne, George Lucas, and the team at Polaris industries have in common? They’ve all conceptualized cutting-edge, one-of-a-kind vehicles built for power and speed, featuring elegant aerodynamic properties and the latest in automobile innovation. Crowdsourcing a Best-Seller at Polaris. The post It’s a BatMobile! It’s a Pod Racer!

Innovation Myths Debunked: Part I

Robert Brands

Of course there have been great innovations throughout history that have been massive step-change innovations—the type of new-to-the-world innovations that create a totally new market; for example; a motorized vehicle replacing the horse-and-buggy mode of transportation. Top 8 Popular Myths about Innovators and Innovation – Debunked! Part 1 of 2). That’s who we are.” [1]. False! False!

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

levels of autonomous driving and Internet connectivity, the automaker provides transportation solutions. Such solutions include the vehicle the consumer owns, mobility services around this vehicle, e.g., parking, roadside assistance, repair, but also broader transportation services, e.g., ride-sharing, car-sharing, car rental. If automakers are to participate in the EAC+MS business effectively and be evaluated on the transportation solutions they provide, in addition to the E, A, C technologies, they must develop big data expertise. is another big data generator.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

levels of autonomous driving and Internet connectivity, the automaker provides transportation solutions. Such solutions include the vehicle the consumer owns, mobility services around this vehicle, e.g., parking, roadside assistance, repair, but also broader transportation services, e.g., ride-sharing, car-sharing, car rental. If automakers are to participate in the EAC+MS business effectively and be evaluated on the transportation solutions they provide, in addition to the E, A, C technologies, they must develop big data expertise. is another big data generator.

Creative Thinking Skills – 10 Ideas for Stimulating Extreme Team Creativity

BrainZooming

Greg came to our business-to-business transportation and logistics company with a completely different sensibility than anyone else there. We’re developing a strategic thinking webinar for a client on cultivating and sustaining creativity among its salesforce. Part of the creative thinking skills content will come via our Idea Magnets material. Giving “One” for Team Creativity.

Finding knowledge and research to help you learn and adapt

Paul Hobcraft

Social Impact looks at health, aging, alternative options, scarcity as a podcast , ‘smart’ options, commuting, ride sharing, transport options. “ The world has never been as complex, dynamic and uncertain as it is today and the pace of change will only increase. “ We hear this consistently, our continual problem is trying to make sense of it. But yet…. Do you agree?