article thumbnail

Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

Elon Musk revealed his vision for the new transport system at the International Astronautical Congress (IAC) in Adelaide, Australia. The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. Both the technology and business model newness are extremely high.

article thumbnail

Innovation in Education: How Universities can Benefit from Dedicated Software

Qmarkets

For over a thousand years, these institutions have provided society’s most intelligent individuals with the highest standard of education, in an eternal quest to push forward the frontiers of science, research, and technology. The benefit with the highest potential value for any organization is radical innovation.

Software 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Changing customer needs call for new business models in urban mobility

The BMI Lab Blog

New business models and technological advancements have enormous promise for creating long-term, seamless mobility alternatives and variants. The term " ride pooling " refers to the grouping of transportation requests such as MOIA or Clever Shuttle. Ride pooling. Typically, this principle is used for on-demand services.

Change 52
article thumbnail

Don’t be afraid of the middle. Embrace it!

Wazoku

Taking a slightly controversial stand, I’d argue that Uber, rather than being a radical innovation, is really a prime example of innovating for the middle. Hiring a driver and car is not a radical idea. So, what does this mean for your innovation efforts?

article thumbnail

PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

PESTLED is short for the Political, Economic, Social, Technological, Legal, Environmental, and Demographic factors affecting you and defining your environment. Innovation 360 has used this framework in many assignments. Incremental and radical innovations can be anything from services and products to business models and processes.

article thumbnail

Official Launch of the PESTLED360

Innovation 360 Group

PESTLED is short for the Political, Economic, Social, Technological, Legal, Environmental, and Demographic factors affecting you and defining your environment. Innovation 360 has used this framework in many assignments and has often seen it misused as a framework for assessing a specific market or even the organization itself.

article thumbnail

Why platforms and ecosystems matter for innovators

Jeffrey Phillips

Here we can see that the ecosystem begins to dictate innovation options or choices(gasoline over electricity) and the ecosystem expands as the base product (the car) comes to some maturity by filling gaps around needs (fast food, inexpensive accommodations) that become needs as the car enables transportation. Which is more important?