Bringing ideas to life is magical. As an inventor and entrepreneur, I know the feeling. Although many people think big ideas pop into our heads in great shape and without warning, innovators know that creation takes work—a lot of work.
This year is off to a buzzing, changing, controversial start. Market sentiment is strong if not frenetic, money appears to be flowing again into businesses, into the stock market, into R&D, and with it, we hope to see the economy and GDP rise. Venture Capital is poised to be a powerful factor in the coming renaissance.
If you’re not paying attention to what’s going on in energy, you should. We’ve seen this movie before. Spoiler alert: There’s massive economic opportunity ahead. How massive? Imagine standing in 1992, knowing that Google, Akamai, Netflix, Facebook, Amazon, eBay, BuzzFeed and Uber lay ahead.
Adecco's Global Talent Competitiveness Index (AGTCI) may not be everyone's bedtime reading but it does make for an interesting read. Measuring the movements of talent as the labour workforce is disrupted by machines, Millennials and other factors should be on any executives mind. Why? The amount of money to replace an employee (while amounts vary per research) is around $20,000 (some say closer to $40,000). Understanding why talent comes and goes could save billions if more companies fixed the issues the most recent AGTCI outlines.
The fourth industrial revolution is almost here, but is a world still largely shaped by the Victorian era ready for it?
In the last 150 years the UK has lived through three industrial revolutions. The first, and by far the most famous, between 1760 and 1840, was unprecedented in the way it influenced a way of life that remained largely unchanged since medieval times. The second industrial revolution involved the widespread introduction of steel to the UK, early electrification of factories and the introduction of mass production and the production line. The third (or digital) revolution took place towards the latter half of the twentieth century, and saw industry make the switch from mechanical and analogue electronic technology, to digital electronics.
In the rapidly accelerating race for auto alternatives in major cities across the globe, one promising solution has emerged from French yachtsman Alain Thébault and Swedish windsurfer Anders Bringdal: the "flying" water taxi. The transport system, consisting of futuristic black-and-white SeaBubbles, was first unveiled in late 2016 and will undergo testing in Paris later this year.
This year, "disruption" has been everywhere. We all want to be like Uber or Airbnb. Dollar Shave Club just sold for $1 billion. Alexa is the talk of CES. AI is about to change everything. Who doesn't want innovation? And yet, while not many people know what "innovation" is, fewer still know how to do it.
With the appointment of Arthur Sinodinos as minister for industry, innovation and science in the cabinet reshuffle, Australia can look forward to more government promotion of innovation and entrepreneurialism.
The populations of almost all Western countries are getting older, as the Baby Boomers, born in the 1950s and 1960s, live longer and have fewer children than previous generations. Population aging of this dimension is possibly unique in world history. No surprise, then, that it poses serious challenges for the health care systems, pension schemes, and public debt management of modern societies.
In an exclusive interview, Microsoft's president and chief legal officer Brad Smith outlines why cloud computing is the future and offers predictions on how the technology landscape will look in the next 15 years
In the world of technology and innovation, artificial intelligence is the biggest buzzword right now. A lot of startups around the globe are exploring what this technology can do to improve our society as a whole. The 100 top AI startups have raised a total of US$3.8bn in funding since 2012. Let’s take a closer look at what makes these startups so appealing.
Physics effects every sport, from baseball to swimming. But when your sport features machines in competition, science can become even more important. One need look no further than how race cars have changed over the years for proof.
You have race cars to thank for the first reliably steel disc brakes, and the carbon-fiber discs current F1 cars use will probably make their way to normal cars once production costs get low enough. But perhaps the biggest innovation was ground-force engineering.
Our purpose at EY is powerful: Building a better working world. This purpose is what runs through my mind when I get up in the morning. And I love talking to our people about what EY’s purpose means to me, and what EY is doing every day to put action behind our purpose.
We have long used data to improve our buildings’ performance and to inform building planning and operations. Building automation systems have replaced the manual operation of most large commercial buildings and energy models using data from existing buildings have been instrumental in informing energy codes and retrofit practices. Nevertheless, there’s still a lot to learn. Declining costs for metering systems, new automation capabilities and the advent of cloud computing are creating enormous opportunities that we haven’t fully captured.
ngratulations! You and your team have come up with a bold new product idea and it has been approved by top management. Go ahead and celebrate with a glass of champagne, but then you need to get back to innovating or your competitors will quickly overtake you.
Here are some of the things you need to think about from the moment your product idea is approved.
Time and again, Tesla continues to prove it’s a company that dares to imagine the unimaginable. From electric cars to autonomous vehicles and now -- thanks to its recent acquisition of SolarCity -- solar energy, Tesla has challenged conventional thinking at every step and produced products that once seemed impossible.
Popular science author Steven Johnson once said, “If you look at history, innovation doesn't come just from giving people incentives; it comes from creating environments where their ideas can connect.”
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