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Internet of Things. Artificial Intelligence and BigData. 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, bigdata, artificial intelligence, drones, and 3D printing to name just a few. The Genius of the Tinkerer, Wall Street Journal, September 25, 2010).
In Big Bang disruption, rule-changing innovation leads to the creation of entire product lines (or the destruction of whole markets) essentially overnight, with disrupters coming from outside the industry that they are disrupting. Customers also want insurance providers to not only insure risk, but to help them manage risk.
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.”
I expect an almost limitless parade of such opportunities as drones, the Internet of Things, and nanotechnologies create data only dreamed about a few years ago. Informationalization of existing products and services, where you build in data that customers need.
In Big Bang disruption, rule-changing innovation leads to the creation of entire product lines (or the destruction of whole markets) essentially overnight, with disrupters coming from outside the industry that they are disrupting. Customers also want insurance providers to not only insure risk, but to help them manage risk.
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