Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.
The Economist reveals how new technologies are being used to extract bitumen from oil sands. In the face of one of the bleakest scenes of man-made destruction, being the strip mining of oil sands in the forests of Alberta, Canada – it is hardly surprising that environmental campaigners want to restrict or shut down the…
Germany favors Deutsche Telekom AG to replace Verizon Communications Inc. as a network provider after deciding to end the American company’s contract. This, as consequence of reports about spy surveillance by the U.S. The federal government wants to win back more technological sovereignty and therefore prefers to work with German companies,” Tobias Plate, an interior ministry…
Technology and the auto-industry is ever-more conjoining, according to Reuters. In 2012, a small team of Google Inc engineers and business staffers met with some of the world’s largest car makers, to discuss partnerships to build self-driving cars. It was as if the two were “talking a different language,” recalls one person who was present. Even…
As the Economist has it, some traditional businesses are thriving in an age of disruptive innovation. While management gurus may tell people to bow down before the great god of disruptive innovation, some other companies are cheerfully doing the opposite: Preserving or resuscitating traditional technologies and business models. Moreover, there are plenty of other examples…
ByTED
Inventor & futurist Ray Kurzweil is an engineer who has radically advanced the fields of speech, text and audio technology. He’s revered for his dizzying — yet convincing — writing on the advancement of technology, the limits of biology and the future of the human species. In this futuristic TED talk, he suggests that we get ready…
The Economist reports on the next level in the marvellous world of 3D printing: Bio-printing. Yes, building actual living tissue with a 3D printer is becoming a new business. However, making whole organs for the purpose of transplants remains elusive. How does bio-printing work, and how is it even possible? The Economist takes a closer…
