Remove 2002 Remove Design Remove Innovation Remove Software Review
article thumbnail

Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

Originally, this term was coined by Dr. Michael Grieves in 2002. This allows you to make the necessary adjustments and create a more efficient design. Think: at this stage, the intelligent software analyzes the collected data and, if there is a problem, seeks several possible solutions for each one. Digital Disruption.

article thumbnail

How Apple created two giants

Matthew Griffin

To understand Samsung’s rise to dominance we have to go back to the turn of the new millennium when Apple released their first generation iPod in 2001, quickly followed by the iTunes store in 2002. It’s this growth and the insights into Apple’s operations that helped Samsung and Foxconn craft their own spectacular rises to power.

article thumbnail

How the current patent system actually hurts innovation (and how patent trolls are being fought)

Idea to Value

One of the most common questions I get asked when talking to companies about their issues with innovation is “how do we prevent someone stealing our ideas? And worse than that, in many cases it is being abused by companies in ways which actually discourage innovation completely. Should we get them all patented?”

System 100