Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

We are a long way away from fully capturing the benefits of the Fourth Industrial Revolution (4I)R in an inclusive and holistic way. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7

How Inovation Affects Leadership and Reskilling: Industry 4.0 Case

Idea to Value

The fourth industrial revolution is no longer just something that companies need to prepare for – it’s a reality that has already arrived. In the age of Industry 4.0, There’s more to Industry 4.0 Just like any revolution, the new industry requires an expanded set of skills from employees that need to harness the benefits of the new environment. HR and business leaders need a strategy to nurture the skills that will open the door to Industry 4.0.

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How to Identify Industry Trends

HYPE Innovation

While the second post provided guidance, practical tips, and examples on how to get started with brainstorming the future of your market , this post offers insight on where and how to identify industry trends to support brainstorming and other foresight activities. This is the fourth blog post in HYPE’s series on the most-often-asked questions about strategic foresight.

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The Industry 4.0 Advantage

Daniel Burrus

This visceral image of “industry” being gritty and exclusively blue-collar is true to some degree, but when “4.0” advanced automation and robotics, 3D printing, and other industrial Internet of Things (IoT) advancements often replace mundane tasks in manufacturing, Industry 4.0 Industry 1.0 Manufacturing in every industry has evolved as four distinct industrial revolutions since the 1800s. The current industrial revolution is Industry 4.0,

How to Overcome the Pain Points of Your CRM

When used effectively, a CRM can be the life blood of your sales team – keeping everyone organized, efficient, and at peak productivity. However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. The result? Less organization, more confusion, and fewer deals closed. Leveraging leading industry research from industry analysts, this eBook explores how your sales team can gain back valuable time.

Creating the Industrial Ecosystem

Paul Hobcraft

The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. Siemens is in some highly competitive industrial markets. These insights set me off on a new train of thought and the presentation gave me what I needed on (Industrial) Knowledge Graphs for the initial depth of understanding I was seeking. Getting the balance right is crucial for all Industrial digitally aware organizations.

Shifting our thinking within the Fourth Industrial Revolution

Paul Hobcraft

Yet what this forum was a bringing me back to was the Fourth Industrial Revolution , it helps deliver a far sharper focus on its impact, potential, and scope beyond just manufacturing.Now, this was the major ‘bright spot’ of future potential. Dr. Schwab, the Founder and Executive Chairman of the WEF also released his second book on the subject “ Shaping the Fourth Industrial Revolution ”. It impacts agriculture, medicine, and bio-based industries.

Questions for the 4th Industrial Age

Innovation Excellence

This throws up a number of questions for individuals, companies, and Governments on how to prepare people to face the challenges of the 4th Industrial era. How shall we lay to rest the problems, threats, and legacy of the industrial era?

What and How to Teach to Win the 4th Industrial Revolution

Innovation Excellence

If you agree, then thriving in the 4th industrial revolution will require nothing short of restructuring public education at all levels, not just k-12. Innovation fourth industrial revolutionIf for nothing else than the future of your children, take 12 minutes to watch this.

May the 4th Industrial Revolution be with you – Part 1

InnovationManagement

This is the first in a series of articles that explore the impact of the 4th Industrial Revolution on modern society. The post May the 4th Industrial Revolution be with you – Part 1 appeared first on Innovation Management. Trend Alert 4th industrial revolution digitalization industrial revolution TechnologyTo understand this phenomenon requires that we think beyond the concept of digital and take a closer look at how the digital space impacts the human space.

Which Industries Will Innovate Most in the Wake of COVID-19?

IdeaScale

The COVID-19 pandemic has created disruption across industries. The post Which Industries Will Innovate Most in the Wake of COVID-19? How businesses and consumers behave is being altered by this crisis.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”

Entrepreneurship and Innovation in the Auto Industry

Innovation Excellence

As automobiles move into the next phase, there will be a window of opportunity for entrepreneurs to gain a foothold into this re-invented industry. Entrepreneurship Industry Innovation Automobile Industry Internet of ThingsMuch like the smartphone allowed tens of thousands of entrepreneurs create remote service centers and a new type of maintenance offering; and facilitate the automotive Internet of Things that will connect those cars to the rest of the world.

Will Blockchain Disrupt the Healthcare Industry?

IdeaScale

The question is whether the healthcare industry will allow blockchain to alter it. Secondly, to be most effective, a number of industries will need to agree on one standard. The post Will Blockchain Disrupt the Healthcare Industry?

Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated

InnovationManagement

While 4th Industrial Revolution technologies are fast becoming the way to go in the world of the "new normal," they are driven by something far superior to robots: human creativity. The post Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated appeared first on InnovationManagement.

The Industrial Internet of Things and its Role in the Manufacturing Industry

Lead Innovation

The Industrial Internet of Things (IIoT) opens up a wide range of opportunities for the manufacturing industry in particular. Machines / industry 4.0Comprehensive networking is no longer a vision of the future, and the 5G mobile communications standard will presumably increase the dynamic from 2020. You can read an overview of IIoT technology and its application in production in this article.

Using Blockchain Innovation to Rebuild Trust in the Food Industry

Innovation Excellence

Consumer trust is one of the biggest hurdles that the food industry is up against today. Build Capability Feature Of The Week Health/Healthcare Industry TechnologyA recent Food and Health Survey uncovered a serious trust deficit between consumers and food manufacturers and suppliers, and we don’t have to look far to see why. In October 2018, J&J Snack Foods recalled its Fit & Active sandwiches from Aldi stores.

The Impact of Direct Dials on Sales Productivity

Leveraging the latest industry research, this eBook highlights the impact of direct dial phone numbers on sales productivity with the goal of empowering reps to have more conversations with prospects, and consequently, schedule more meetings, increase opportunities, and close more business - fast.

Lessons From Airline Industry Downtime

Daniel Burrus

Running an unsupported operating system in an area where security is supposed to be paramount should make us all wonder about other forms of aging technology in the airline industry. Admittedly, if there’s any industry with precious little opportunity to upgrade its technology, it’s the airlines. While many businesses have IT departments that can schedule downtime for emergency maintenance, the airline industry has no such luxury.

10 innovative startups in the insurance industry

Board of Innovation

The post 10 innovative startups in the insurance industry appeared first on Board of Innovation. Examples of clever things new insurance businesses are doing to overcome long-standing pain points, delight customers, and generate new revenue streams. Expertise

Meeting the Challenge of Innovation in a Highly Regulated Industry

IdeaScale

Innovation strategy in a highly regulated industry presents specific challenges.?. Innovations are derived from new ideas, but what if your industry puts limits and constraints on the ideas you’re allowed to pursue?

Industry Spotlight: Technical Trends in the Oil & Gas Industry

Yet2

The oil & gas industry faces a fundamental challenge: managing the business in what is an intrinsically volatile sector. It is often difficult for any business to balance both short-term and long-term goals with inherent volatility; understanding the enduring and emerging trends within the oil & gas industry is essential for layering meaningful innovation on top of the complexity of the business.

Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

New innovation opportunities in the insurance industry

Board of Innovation

That's why we take a look at a couple of insurance-industry shifts that are being accelerated by the pandemic. The post New innovation opportunities in the insurance industry appeared first on Board of Innovation. Change is always accompanied by opportunity. Business design Inspiration insurance

Getting out of the Building, Going Cross-Industry for Seeking Out Radical Ideas

Paul Hobcraft

The trouble is we tend to go to the familiar places; those tried and tested norms, the expected answers that have been well developed as our industry solutions and established as the features our customers expect. Going cross-industry. More and more companies are breaking out of their industry box, forming radically different business models, delivering products, services and processes all seen outside their industry and found they can be applied within theirs.

Getting out of the Building, Going Cross-Industry for Seeking Out Radical Ideas

Paul Hobcraft

The trouble is we tend to go to the familiar places; those tried and tested norms, the expected answers that have been well developed as our industry solutions and established as the features our customers expect. Going cross-industry. More and more companies are breaking out of their industry box, forming radically different business models, delivering products, services and processes all seen outside their industry and found they can be applied within theirs.

May the 4th Industrial Revolution be with You, Part 3: ‘Domo arigato, Mr Roboto…’

InnovationManagement

This is the third in a series of articles that explore the impact of the 4th Industrial Revolution on how we are living our lives today and what we can do to ready ourselves for the workplace of the future. The post May the 4th Industrial Revolution be with You, Part 3: ‘Domo arigato, Mr Roboto…’ appeared first on Innovation Management. Trend Alert 4th industrial revolution industrial revolution

Game-Changers 911™: How to Change the Game in 2020

Speaker: John Storm, President, BrainStorm Network

Join John Storm, President of the BrainStorm Network, to learn how to identify game-changing opportunities within your company and industry, and then brainstorm ways to capitalize on these ideas. Get ready to change your game in 2020!

Key Innovation Lessons from the Nuclear Industry

Innovation Excellence

Innovation Leadership Management Strategy industries Lessons Nuclear Nuclear IndustryOne of my favorite parts about writing about innovation is receiving insightful comments from readers with diverse experiences and perspectives. Recently, a junior colleague with expertise in organizational research, learning, and performance made a connection between my previous article on the need to de-risk innovation and the key traits of high-reliability organizations (HROs).

How Image Recognition Is Transforming the Automobile Industry

InnovationManagement

The post How Image Recognition Is Transforming the Automobile Industry appeared first on Innovation Management. Trend Alert AI artificial intelligence automotive industry image recognition industry innovation LIDAR machine learning safety self driving cars trendsImage recognition will make our cars safer, more efficient and reliable. Learn how image recognition technology is improving.

Two Industrial Era Management Beliefs That Kill Innovation

Game-Changer

They’re heavily present in the manufacturing industry, or any industry that doesn’t require a lot of knowledge work; these are types of jobs that will be easily automated. This belief is not specific to Mexico, it’s a hardened belief that started with the Industrial Revolution; mexican business owners just can’t imagine it being any different. Innovation Leadership Industrial Revolution managementBeliefs. We all have them.

Impact of Crowdsourcing in the Healthcare Industry

IdeaScale

Though crowdsourcing has recently gained popularity in many industries across the world, it’s not necessarily intuitive for it to be part of healthcare. Thus, crowdsourcing is applicable across different industries and in different ways. Outsourcing, like crowdsourcing, can have a place in the medical industry. Some of the main areas of influence for crowdsourcing in the medical industry are patient diagnosis and treatment, data analysis, patient engagement, and new ventures.

Predictive Analytics 101: Your Roadmap to Driving Key Product Decisions

Speaker: Sriram Parthasarathy

Predictive analytics is an increasingly common buzzword with many forms. It seems everyone has their own take on what it is and which best practices and business benefits apply. What does predictive analytics really mean? We’ll explore real-world examples of predictive in action and outline steps to help you maximize its value.

Advanced Analytics For Insurance Industry: 6 Major Use Cases

Acuvate

The insurance industry is a high-risk sector. Navigating through tricky claims procedures, pricing and promotion, mitigating risks, cash repression, natural perils, ensuring compliance are some of the toughest problems that pose the industry.

Trends in Innovation in the Chemical Industry

Yet2

In mid-May, yet2 sponsored the NPD and Innovation in the Chemical Industry conference , organized by the European Networking Group. Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference. Here are some of their observations: BASF Innovation Labs , which works on research and development for innovation in the chemical industry, is focused on connecting internal groups with its value chain, including end users.

Top RPA Use Cases In Different Industries

Acuvate

RPA has helped our clients and many large organizations across industries to automate a myriad of repetitive tasks and reduce costs. Here’s a breakdown of the Top RPA Use Cases across industries that you should be aware of: Banking. For an industry that deals with an overwhelming amount of data and processes, RPA enables insurance companies to tie up the front-end with the back-end operations and reduce manual labor/intervention.

How IoT is Transforming Unexpected Industries

Innovation Excellence

Consumer Innovation Industry Innovation R&D Science Technology agriculture construction ecology Internet of Things productivity TelematicsBy the late 1990’s computers became truly transformative, followed by Internet and email as conduits to a continuous flow of information that could be processed, analyzed and turned into action. Today, as digital connectivity transforms physical machines, we’re likely into the early days of a similar productivity boom.

How To Create A Movement To Drive Transformation In Your Company Or Industry

Speaker: Greg Satell

Everybody has something they’d like to change, whether it is a problem in their organization, their industry, their community or society at large. But how can you get your ideas for change to take hold beyond a small circle of likeminded people? What you need is a cascade: small groups that are loosely connected but united by a common purpose. When they synchronize their collective behavior as networks, they become immensely powerful. A business model is disrupted, an industry is remade, the preceding order is no more and the world is transformed.

Reimagining the IT & ITES Industry

Rmukesh Gupta

While that is a good approach to ensure financial stability in the short to mid-term, I believe that such an approach leaves a much bigger opportunity in the mid-to-long term. I think this provides a great opportunity for someone in the IT & ITES industry to make some big bold moves, which can create long term competitive advantage for them.

Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

We can embrace this opportunity by combining 21 st tools with industry expertise to deliver products and services that exceed our customers’ expectations. Like many industries, financial services has been immersed in a challenging time and is now emerging into the post pandemic world. Innovation360 Group’s research suggests that the financial services industry lags many other sectors when it comes to its ability to adapt to change.

Innovation in the Automotive Industry

Yet2

The automotive industry is undergoing massive technological and social change. The result is a new whitepaper, “ Innovations in the Automotive Industry ,” which provides insights on some of the more interesting developments and technologies in the market. As the industry (and society) moves closer to realizing autonomous cars on a larger scale, it’s important to recognize that autonomous vehicles simply can’t afford to fail.

The Travel & Hospitality Industry is Being Disrupted, Again.

Leapfrogging

As part of a new series of articles I’m writing called Everything Transformed , I’m focusing on the widespread disruption of just about every industry on the planet. Each month I’m tapping into the industry expertise and experience of one of Plug and Play’s 15 industry verticals to highlight the disruptive trends, technologies and companies shaping the future. Within the enormous travel and hospitality industry, opportunities for technology innovation and investment are vast.

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Best Practices for Modern Records Management and Retention

Speaker: Sean Baird, Director of Product Marketing at Nuxeo

Documents are at the heart of many business processes. Organizations in highly regulated industries are realizing that traditional records management practices are insufficient and ineffective in today’s digital world. Join Sean Baird as he highlights best practices for effective records management and retention. He will explore how digital transformation can counteract the costs, inefficiencies, and end-user considerations that make it difficult to maintain compliance. He will highlight real-world successes and analyze the key strategies and technologies that help organizations find balance.