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Digital transformation examples

Board of Innovation

Digital transformation examples How do you structure a digital transformation process, who needs to be involved, where to start? Below there is a list of pilot case & examples that are part of larger digital transformation initiatives. 2 Reasons: to accelerate the market and to make their technology the standard.

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Sustaining a Healthy World Through Growing Crop Health

Business and Tech

For example, according to the University of Missouri , a crop of healthy soybeans can naturally add 15 to 60 pounds of nitrogen back into one acre of soil, an essential nutrient for plant growth. This technology has enabled farmers to conserve more water during years of normal precipitation and survive years of extended drought.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). Moreover, emerging technologies or trends may change the market environment - a company may be forced to act reactively or may want to act proactively by adapting the existing business model.

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

mjvinnovation

What Digital Twins Technology is and How It Works. Originally, this term was coined by Dr. Michael Grieves in 2002. So, what is this technology? Digital Twin technology is already widely used in manufacturing, but the situation is changing rapidly. That is exactly what we will show you throughout this article.

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Customer Orientation Effects on Innovation

Integrative Innovation

For example, cordless telephones were a radical innovation relative to wired phones because they were based on a substantially new technology; however, their customer base was essentially the same. DVD players provide another example, as they used optics technology as opposed to the magnetic technology used in VCRs.

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

Idea to Value

Originally, patents had a simple purpose: By filing a patent, an inventor or company showed how their new technology worked, in exchange for legal protection for the duration of the patent. For example, IBM spends more than $6 billion a year on R&D, and has an in-house staff of more than 370 patent lawyers.

System 100
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Who were the Greatest Britons?

Destination Innovation

In 2002 the BBC ran a poll to determine who the public considered to the the greatest British people of all time. His laws together with his mathematical discoveries laid the foundation for the development of technology and the industrial revolution. William Shakespeare (1564 – 1616).