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Innovation
When It Comes To Technology Grants, Startups Can Offer More Bang For the Buck Than Universities
In reviewing the scientific research grants we give to academia, billions of million dollars a year, I often find it amazing how little we get for all that money spent. No, don't get me wrong, I believe in research, it's just that I wonder if government is the best way to fund innovative pure research science. You see, I find that the amount of government funded research is so vast it is crowding out the private foundations and corporate sponsored research mechanism, which I find completely troubling.When you look at what we get for a one million or two million dollar technology grant to a University these days we surely don't have a lot to show for it. It's a very wasteful process. Also, it is also amazing how long it takes to complete the research and the lack of urgency in academia for
Read MoreIs patience your best virtue when it comes down to crafting the life cycle of your business methodology or managing a new project? In which way can patience complement persistence within the infancy stage of your business model?A successful operation, whether it's a nonprofit organization, a new workforce, an innovative concept, or a club cannot allow haste to make waste, even in a fast-paced environment. It is reported that children who skip the crawling phase as a baby could develop such challenges as suffering from speech problems or have difficulty reading and writing due to underdevelopment in part of their brain. The same principle holds true with innovation. It is unwise to think you can valiantly win a competitive race or monopolize an industry with underdeveloped planning and prep
Read MoreThe state of innovation, and the resurgence of technology disrupts has reached unprecedented levels. In the coming years, there will be a high rate of change, that will see the migration from legacy systems to new age ones. Such changes will redefine the very nature of how all aspects of technology interact with one another.Core technology apart, there will be significant considerations given to environmental and business concerns. Energy efficiency will emerge as a dominant factor in decision making, and so will increasing data center densities and throughput.Power independence: Increasing consumption and pressures on governments' power supplies, have translated as risks for businesses vested in large data centers. For such businesses, mitigating this risk will focus on future proofing po
Read MoreWorldmeters states that the human population will reach 8 billion by 2024, 9 billion by 2040, and they expect it to continue to grow at least until 2050. In order to satisfy the demands of this increase populace every action we take will need to become more efficient. This is especially true in the world of manufacturing.Lean Manufacturing is a method used to eliminate waste within a process. Assuming a mindset where customers only want to pay for value added work, it becomes essential everything else be removed. One main focus of Lean is to only build the product that is needed ("Just-in-Time" or "JIT") so as to avoid the need for storing finished goods. By doing so manufacturers can reduce their plant size, decrease raw material investments, and run less risk of damaging their finished p
Read MoreWhat differentiates an entrepreneur from an innovator?In today's hectic, change-driven business world, we may think they're one in the same. Entrepreneurs these days are all those bright, future-focused men and women launching the latest startup, with products and services that promise to change the game and the world.But research suggests otherwise. That the vast majority of new business owners do not start businesses based on their own, original idea - but rather, someone else's: a local service provider, a franchise, a brick-and-mortar or online retail store, etc.So does this suggest that innovative thinking and a visionary approach to business are only required for the groundbreakers of our world?The reality of business today is that everyone must be an innovator, or risk becoming irre
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According to worldwide research conducted by Accenture Mobility in 2015, the majority of top executives in all the key industries found apps to be critical to their business-especially in light of the digital eco-sphere that many corporations are building around customer experience and engagement.Of course, today, app technology is commonly baked into the entire customer experience from significant product innovators like Tesla to everyday service providers such as utility companies. For many of us, app tech has been part of our daily lives going past ten years now. Most importantly, apps are often the way many customers prefer to engage today.The Cost of App DevelopmentBecause it is so widespread, it is typical to make the mistake of thinking app technology is easy-which is pure fantasy-a
Read MoreAs artificial intelligence (AI) technologies are developing how can we ensure that the well-being of human value and the human experience remain significant? AI is becoming faster and more human-like, but questions are being raised whether or not this technology is a prerequisite to the alienation and extinction of solid human workforces. Can such know-how as the rise of quantum computing go awry? By all accounts, artificial intelligence whether we like it or not is here for the long run.With the proliferation of AI technology comes the trepidation of what will become of the human workforce as we know it. We must find common ground to merge the two together without severing our human labor force. Aside from businesses expecting their revenues to increase and costs to decrease significantly
Read MoreInnovation and innovative ideas are among the most top agendas at this moment. This trend is forcing the companies to be more adaptive and acrobatic than ever before. Due to lack of innovation, many companies have fallen in the yesteryear's especially from last five to six years. However, many companies have embraced this change and are finding themselves in a perfect position by creating an innovative environment in their offices.INNOVATIVE SPACESThe innovative design & fit-out management of an office can surely contribute to its growth and development. It, however, can't create a culture of innovation but can support the efforts and ideas for sure. Designing the office spaces in such a way that it encourages the potential of innovation that lies within it. Take an example of most innovat
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