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But how do large companies really track, identify, and launch initiatives that create value from these emerging technologies? Here are the 10 most popular tech scouting questions we’ve been asked over the years, and some best practice advice on what you can do to focus your efforts to maximize output in the short-, mid-, and long-term.
Kodak – A late adaptor to digital photography, but a recent resurgence in technologies they’ve always mastered- new age imaging, printing and sought-after chemical production. How do executives plan strategically for 2030 when 85 percent of the jobs that will exist haven’t even been invented yet?
AI technologies enable businesses to deliver personalized, efficient, and predictive services. How AI Can Drive Competitive Advantage AI technologies can process large volumes of data with precision and speed that human analysts cannot match. Providing training can help bridge the gap between AI technology and strategic application.
Due to its complexity, there is no easy, quick-fix solution to address it. It spans from new technologies over new business models all the way to consumer readiness and societal acceptance. What role do new technologies play? Experts agree that climate change is clearly linked to Green-House-Gas (GHG) emissions.
Some 700 million people could be displaced by intense water scarcity by 2030. Smart Water Management (SWM) integrates complex systems and advanced technologies to monitor and control the usage and quality of water and maintain associated water assets (like pumps, pipes, etc.) What is Smart Water Management? No data governance.
A truly game-changing technology that could offer blazingly fast connection speeds. And while it may not be ready until 2030, the early indications are that it would be worth the wait. MIT TechnologyReview explains all of the differences between 5G and 6G in greater detail: “First some background.
For example, predictive maintenance, an activity enabled by these technologies, has helped organizations increase asset lifespan by up to 40% and reduce downtime up to 50%. The global Internet of Things (IoT) market in energy alone is expected to hit 35.2 Ready to adopt a platform that supports your business ambition?
The world is becoming more and more interconnected and narrow due to technology and is closely connected like a village. The internet of things (IoT) is moving towards an economy of things in which products, processes, machines and algorithms act autonomously to satisfy customers, produce goods and services and create business value.
For example, predictive maintenance, an activity enabled by these technologies, has helped organizations increase asset lifespan by up to 40% and reduce downtime up to 50%. The global Internet of Things (IoT) market in energy alone is expected to hit 35.2 Ready to adopt a platform that supports your business ambition?
oT is a game-changing technology driving Industry 4.0 million by 2030. . IoT is becoming the de-facto technology in tackling the challenges of continuous and real-time tracking, warehousing, and fleet management. Research indicates that 21% of all fatal accidents occur due to drowsy driving. Summing Up.
The preventive maintenance process requires organizations to invest in the right technologies and platforms to help relevant staff gain 360-degree visibility into asset performance and potential issues. billion by 2030? But it is easier said than done. Equipment problems aren’t always visible to the human eye.
With over 50 billion connected devices expected by 2020, the Internet of things (IoT) is poised to have a major impact. In many cases, the decision was influenced by the platform’s incentives, success in attracting a following, and technological superiority — something that should happen in the IoT ecosystem as well.
The focus of people using a resources frame to understand sustainability is often on waste reduction and technological innovation. Challenges of this frame: It is tempting to imagine that such technology will solve all our resource problems, but shoehorning billions of extra people onto the planet must have consequences.
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