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. To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. Arguably Industry is trapped by complexity.

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,

BP Technology Group, how technology can impact the energy industry out to 2050

Innovation Excellence

Stephen Cook is Chief Commercial Officer, Group Technology at BP since 2017, committed to commercial deals in technology-related business development, also cultivating and delivering capability in technology strategy, and intelligence.

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. We were provided a variety of insights in different presentations and demonstrations, of the technology they are working upon.

Spigit's 2018 State of Crowdsourced Innovation Report

Survey respondents represented 21 different industry. what industry you call home, you’re. very likely impacted by disruption, whether it’s from new technologies, customer experiences, or even new. THE 2018 STATE OF. CROWDSOURCED. INNOVATION.

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.

How New Technologies Are Innovating the Legal Industry

InnovationManagement

There's actually an abundance of new technology that stands a good chance at revolutionizing how we study, practice and interpret the law — in the U.S. Don't expect practice of the law to be exempt from any of the ongoing digital transformations. and beyond. Here's a look at some of the frontrunners. Organization & Culture AI antisocial artificial intelligence free speech innovation law lawyer legal professional social network

Lessons From Airline Industry Downtime

Daniel Burrus

If you were one of the millions of travelers impacted by the technology breakdown of two major airlines a few months ago, you have my sympathies. Are you and your organization rolling the dice with aging #technology or #legacy systems?

4th Industrial Revolution Will Change Companies from the Inside

Innovation Excellence

After invention of steam engine, there was years, in some parts of the world even half of the century or more to feel the 1st industrial revolution. Now, 4th industrial revolution is coming much faster and changes that it brings are revolutionary.

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. So what technologies should we watch? Airbnb disrupted hotels.

Travel 109

Data From 3.5 Million Employees Shows How Innovation Really Works

nable pipelines and applied technology to manage those pipelines. With the right technology, could you manage this pipeline the way you manage a sales pipeline? One large industrial manufacturer has put an innovation management system to good use. INNOVATION Data From 3.5

The Impact of Wearable Technology on Mobile Devices

Game-Changer

Part of the rise of these technologies stems from their ability to interface with mobile devices and improve the convenience and ease of those experiences. New applications of wearable technology will change the way we do business and go through our daily lives.

Innovation in the Automotive Industry

Yet2

The automotive industry is undergoing massive technological and social change. By having an accurate picture of the state of innovation, these companies can better assess and incorporate new technologies into the long-term business and product strategy.

Consumers Driving Technological Change in the Financial Industry

Daniel Burrus

The financial services industry has been notoriously slow to adapt to the evolving technology landscape and its customers’ digital demands. A report by Fujitsu financial services showed that 39% of the UK residents it surveyed would consider leaving their providers if they do not offer up-to-date technology. These changes in customer attitudes will unlock a wealth of opportunities for those who lead the technological change.

Materials Science May Be The Most Important Technology Of The Next Decade. Here’s Why:

Digital Tonto

A vast acceleration in our ability to create new, advanced materials will power industries from energy to manufacturing Related posts: Why Energy Storage May Be The Most Important Technology In The. [[ This is a content summary only. All Posts Technology Innovation Materials Science

Quantifying a Culture of Innovation

We saw the same patterns across multiple industries, from. technologies – robots, rockets, self-driving cars, virtual reality, and. companies, not just technology companies. a technology company – averaged 104 challenges every year. industries.

Will Blockchain Disrupt the Healthcare Industry?

IdeaScale

Medical technology is advancing quickly, and yet, where blockchain fits is an open question. 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.

Consulting Industry Faces Threat From Artificial Intelligence

Braden Kelley

Previously I explored the value of eminence and thought leadership to consulting firms, and how unfortunately the power of inbound content marketing has a dark side that forms part of a three-pronged attack on the consulting industry.

Consulting Industry Being Attacked on Three Sides

Braden Kelley

Optimism in Innovation, Thinking About Risk Differently

Paul Hobcraft

This specific one had an opening theme in innovation being described in more revolutionary terms such as the fourth industrial revolution, the second machine age, the cognitive age and these are adding more pressure to innovate or search for “greater innovation.

6 Ways to Create a Successful Innovation Program

technology industry. One significant example, KPMG predicts that within 25 years, the $200 billion US auto insurance industry could. industry verticals, from banking and manufacturing to healthcare and energy, we’ve identified a few crucial factors and patterns that.

Technology Is Rebuilding the Construction Industry

Daniel Burrus

The construction industry is notoriously slow when it comes to adopting and utilizing technological solutions. Our thirst for faster and more accurate data is increasingly leading all industries to finally reach the eureka moment of how digital technology can and will revolutionize their industry. Project Tango’s Development Kit is “equipped with technology that allows it to understand space and motion.”

10 Industries The Internet of Things Will Change Forever

Game-Changer

In other words: The Internet of Things is a technology that will drive the next economy. Today, any organization — regardless of size or industry — can harness IoT to deliver new services, elevate customer relationships, and unlock new recurring revenue streams; thus changing the way we live.

5 Industries with the Most Innovative Companies

InnovationManagement

Innovative ideas can come from nothing, or from a long process of brainstorming and debate, but it always seems like some industries are consistently coming out with the best new products and processes, while others lag far behind. Have you ever wondered where great ideas come from?

Bowling with a Crystal Ball: Technology Focus vs. Market Focus

Innovation Excellence

Technology disrupts markets. However, when I need to decide whether to focus on a market (like Christensen does) or focus on the technology, I will focus on the technology every day of the week, and twice on Tuesday. I agree with that.

How to Improve Customer Experience in an Era of Choice

The balance of power has tipped to the side of customers due to technology lowering. HOW TO CAPTURE THE VOICE OF THE CUSTOMER IN AN ERA OF CHOICE - SPIGIT 5 Technology has given rise to tools, such as Twitter and other instant communication.

Top Five Technological Innovations in Medicine

Innovation Excellence

Over the last few years, the health industry has experienced a major shift in technological innovations. Modern technological innovations in drugs and equipment have completely revolutionized the health sector.

Intensity of Use of Technology, Not Just Access, Is What Creates Economic Opportunity

Game-Changer

The Next Economy will be driven by these emerging technologies : artificial intelligence, virtual reality, augmented reality, drones, big data, internet of things, 3D printing, genetics and blockchain. Innovation Leadership technology diffusion

Why You Need Technology For Your Business

The Human Factor

There are many benefits to adopting the latest technology for your business. Security technology is more than just firewalls and anti-virus software; today it also includes digitally linked security systems which protect your business from vandalism and theft. image source.

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.

11 Proven Ways to Turn Your Culture into a Culture of Innovation

the years, it’s a high priority for companies in all industries While creating a culture of innovation is a high priority, it doesn’t mean you have to pattern your. technology) you’ll need to get up and running • Real-world stories of companies proactively making cultural changes.

Innovation in the fitness industry

IdeaSpies

Over the past five years, the fitness industry has undergone considerable structural change due to the rise of digital technology and entrepreneurs forging a career in helping people achieve fitness goals.

The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

Technology isn’t just for creating new products and services. Disruptive technologies are transforming the packaging that comes with just about everything we buy. This article is one in a series I’m calling Everything Transformed that highlights the various technologies disrupting just about every industry on the planet – and today’s focus is packaging. That’s not surprising given the packaging and packaging materials industry is expected to exceed $1.3

Why People Resist New Technologies

Game-Changer

But, Innovation itself is not the problem, it’s how society is structured and how it responds to technological shifts. Calestous Juma, explores why people resist new technologies in his new book Innovation and Its Enemies: Why People Resist New Technologies.

The Internet Of Things Is Transforming Industries You Would Never Think Of

Digital Tonto

Related posts: The 5 Powerhouse Industries of the 21st Century. [[ This is a content summary only. All Posts Technology Innovation Internet of ThingsAs digital connectivity begins to transform physical machines, it’s likely that we’re now in the early days of a new productivity boom.

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

will transform both their organizations and their industries. Products, services, technologies, and even. The only defensible competitive advantage resides underneath the products, services, business processes, technologies, and business models we deliver to the.