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Internet of Things. ArtificialIntelligence and Big Data. The Emissions Gap Report has been produced annually since 2010. Behind-the-meter batteries. Electric-vehicle smart charging. Blockchain. Renewable power-to-heat. Renewable power-to-hydrogen. Renewable mini-grids. Super grids.
The shelves of our candy store are overflowing with exciting new technologies including genomics, robotics, Internet of things, big data, artificialintelligence, drones, and 3D printing to name just a few. The Genius of the Tinkerer, Wall Street Journal, September 25, 2010).
But you might say: “there are all these new exponential technologies such ArtificialIntelligence, Virtual Reality, Internet of Things, and Additive Manufacturing (3D Printing). By using the “performance-based-contracting” model, the company only earns money, when the client saves money. And you’re right.
Pure Internet-plays Betterment and FutureAdvisor launched in 2010 and Wealthfront in 2011. The system allows “equipment and computers [to] talk to each other over the internet in real time, share information, and make decisions [to] help ensure top-notch product quality and avoid plant shutdowns.”
For example, Pfizer recently moved one of its largest research centers to Kendall Square in Cambridge, blocks from MIT, and Google now has its machinelearning research hub in Baker Square in Pittsburgh, near Carnegie Mellon University. Second, technology “platforms” undergird new products more than in the past.
This meant that the company was leaving out huge innovation potential — thousands of startups with billions of funding — that could help BMW innovate anything from core vehicle technology (batteries, sensors, artificialintelligence software) to manufacturing innovations (internet of things, cybersecurity, robotics).
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