Arctic Opportunities
The Arctic has been warming twice as fast as the global average, and a new low was set for Arctic sea ice last year. Although the environmental concerns in the region are mounting, economic opportunities have also ramped up.
The Arctic has been warming twice as fast as the global average, and a new low was set for Arctic sea ice last year. Although the environmental concerns in the region are mounting, economic opportunities have also ramped up.
Once purely a form of entertainment, video games are now being used to explore solutions and educate the public on some of the world most challenging social issues. While many social issues are not new to the public video games offer an excellent tool for getting people engaged and thinking about the future.
Governments could be described as the largest and longest running crowd-funding schemes in existence. Sadly, whereas crowd-funding is seen as innovative, flexible, responsive, bottom up, transparent, enabling – among other things; governments would be hard pushed to receive similar accolades. However, times are changing and governments are beginning to adopt some of the characteristics of crowd-funding and crowdsourcing. But there is a long way to go.
As implanted medical devices increase in variety and function and wearable computing draws closer, their energy needs have become paramount. Now, new sources are being found even as the devices scale down their energy requirements.
Finding ways to make it easier and more convenient to spend money is the aim of many innovations in the area of electronic payments. A number of innovative electronic payment alternatives are all vying to become the new standard in electronic payments and displace the long time standard, the card with a magnetic strip. Any of these new technologies could make the need to carry cash obsolete.
Big data is a hot topic in the business press. Its promise of greater insights and efficiency, improved innovation and competiveness, not to mention income streams for the providers of data analytics tools are a rich source of discussion. Several recent developments indicate the power of using data analysis and statistics effectively to reach conclusions, and we almost certainly ‘ain’t seen nothing yet’ as big data techniques emerge. However, statistics do not necessarily tell the whole story and are open to radically different interpretations. That said, the power of numbers and modelling is rising.
Major catastrophic events aside, we are and will continue to be an urban planet; by 2030 60% of us will live in cities. Ensuring that those cities are economically successful, liveable and functional will enhance human health and wellbeing; pleasant places is becoming a focus of research, technological investment and policy discussions on a grand scale. Art and artistic endeavour in all its guises, from major public works to small scale neighbourhood schemes, will also have a major role to play in creating attractive places and economic vitality.
The where, when, how, what and who of work and the workforce are experiencing changes the combined impacts of which will be significant for almost all organisations whatever their size, sector or markets. To compete effectively, organisations need to understand the scale of these changes and explore the implications of these trends impacting all aspects of the organisation from sales to operations and everything in between. Workers too need to chart their future careers by knowing the likely opportunities and risks presented by changing markets, industries and employment models.
With the global population estimated to reach 9 billion by 2050 the ability to feed everyone is a growing concern. Scientists are warning of food shortages if we maintain our current diets leading many to advocate for more people to become vegetarians, as vegetables are much less resource intensive than a diet which includes animal proteins. But perhaps there is an alternative- laboratory or in-vitro meat.
Between now and 2020, Chinese consumers will become the main driver of China’s economy, and probably also the global economy. The opportunities are enormous, worth billions of dollars as per capita incomes treble, and disposable income tops $10 billion per year. Meeting Chinese consumers’ needs is perhaps one of the greatest opportunities ever; it is also one of the greatest challenges, if we are not to deplete the planet disastrously; nor create debt fuelled bubbles, or high inflation.
Just as modern technology has changed the way we interact with the world and our understanding of it, new technological solutions are also enhancing our legacy and our ability to rest in peace.
Embedded intelligence and sensors are set to revolutionise many aspects of healthcare and support for older people. Some of those technologies, which are wearable, ingestible, responsive and communicative, herald significant changes and benefits ahead, and could reduce the growing costs of falls among older people.
In the 10 years since Henry Chesbrough published his groundbreaking book on Open Innovation, a lot has happened. Almost any firm claims to do Open Innovation. However, if you look closely, most of the firms do not do true Open Innovation – they are merely running a multitude of open approaches to innovation. This article explains the fundamental differences between “Open Innovation” and true Open Innovation, provides data where firms are standing on their journey to true Open Innovation and gives some hints on what your firm should do in order to take the next step.
Innovation in the area of financial services has undergone increased criticism since the start of the difficulties in international banking. This has fueled a general negative perception of innovation in financial services. In this article Dr. Anne-Laure Mention argues that innovation is not something to be feared as such, actually it is a driver of competitiveness and that the full benefits for society might not yet be visible.
The internet of things has shipped out to sea. A number of remote sensing technologies have been employed to monitor various aspects of the ocean to improve weather forecasts, safer resource exploration, and climate change mitigation with benefits to companies, policymakers, and the planet.