Remove Data Remove Product Innovation Remove Radical Innovation Remove Technology
article thumbnail

Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. The products and services are enhanced through the digital capabilities that boost their value and worth.

Industry 289
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7 The prospect of new innovation potential will eventually work through into the world of Industry 4.0

Industry 213
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing your direction of travel

Paul Hobcraft

Innovation has really opened-up through highly collaborative approaches explored through relationships, using a more holistic ecosystem approach and exploiting concepts and ideas on common platforms. Digital connections and technology platforms. We need to engage differently. We need to engage differently.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Let’s remind: One size does not fit all.

article thumbnail

Why platforms and ecosystems matter for innovators

Jeffrey Phillips

After a few months of analysis we recommended holding off, because the gasoline powered ecosystem meant the existing engine technology had an outsized advantage. Plus, the existing ecosystem doesn't fully embrace the technology or platform. Notice however, that the core technology (the car itself) doesn't change all that much.

article thumbnail

Does culture eat strategy for breakfast?

Innovation 360 Group

The perception of a gang of wired people in white coats doing the “innovation thing” is widespread, but nothing, based on data from 6,000+ companies in 62 countries, could be more wrong. Next Level of AI-Driven Innovation Management. His mission is to uncover hidden ideas within the world’s largest database of innovation data.

Culture 63
article thumbnail

Co-creating volume 3

Innovation 360 Group

Hans Rosling spent the last years of his life making the case in public forums for a fact-based optimism, and that we tend to think things are worse than they are when we don’t pay attention to data. Best of all, he proved his points it with marvelously inventive data visualizations. Adopt and adapt new technologies.