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Opinion: Innovation is in need of better platforms to support its growth

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By Frederick Bravey, business development manager, SVV

Innovation is adapting faster with no signs of slowing down. In this fast-paced environment, innovation is in need of better platforms to support its growth. Corporations today are facing extensive challenges in getting new innovative ideas to market.

​According to ​Harvard Business School​ ​professor​ ​Clayton Christensen​, ​there are over 30,000 new products introduced every year, and 95 percent fail​, ​resulting in huge amounts of time wasted on failed concepts.

However, corporations are now looking toward new ways to greatly reduce their lead time as well as expanding their horizons beyond their current business models. [Read more…] about Opinion: Innovation is in need of better platforms to support its growth

5 trends for the vaping industry in 2020

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The vaping industry has been a profitable activity these days. However, it is essential to analyze the basic needs of the consumer and the contemporary trends and other factors on the market to keep things on an even keel. Some unimportant (from economics) stuff might play a critical role.

Business people try to track these factors and trends to make their activities on the market profitable. Numerous business analytics conduct various surveys and make several prognoses.

This article tells about the recent trends in the vaping industry simply and concisely. [Read more…] about 5 trends for the vaping industry in 2020

GM’s Cruise Automation unveils new driverless electric vehicle

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Cruise Automation, the driverless car startup acquired by General Motors, has unveiled its first vehicle.

The Cruise Origin, as it is called, is electric, autonomous, driverless with no steering wheel, and designed to carry several people – about six in spacious comfort.

The company says the Origin is the answer to the many problems of motoring today. Cars today use fossil fuels which pollute the atmosphere, and are designed in a way that limits the space available. [Read more…] about GM’s Cruise Automation unveils new driverless electric vehicle

The mundane revolution: Unexpected innovations in robotics

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By Rhys Davies, product manager at Canonical, publishers of Ubuntu

Today’s headlines tend to focus on the weird and wonderful robots of this world: the Hollywood Terminators or mechanical dogs developed by Boston Dynamics and other Silicon Valley start-ups.

The greatest innovations, however, can often be found in the more mundane corners of our society, within the industries and environments people least expect.

It’s happened with medicine and the discovery of penicillin, for example, while Archimedes had his eureka moment in the bath. [Read more…] about The mundane revolution: Unexpected innovations in robotics

Material advancements allow creation of ‘perfect products’

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Since the turn of the 17th century, the planet has undergone a huge period of industrialization. Although the manufacturing companies operating today bear little resemblance to the factories of decades past, many of the processes we use today can trace their lineage to those earlier times.

Stated by polyurethane manufacturers, as many industries have increased the demand for manufactured goods, the market has needed to constantly adapt and improve. Material advancements have allowed us to create complex processes that were impossible just a few decades ago.

One material that has become indispensable in manufacturing in recent years is polyurethane. Let’s dive into how urethane has been able to meet these ever-changing demands in the manufacturing industry. [Read more…] about Material advancements allow creation of ‘perfect products’

How AI Could Boost Business Customer Service

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From forecasts to spam filters, artificial intelligence has long been used to help companies across industries. Within recent years, it’s begun to play a key role in a major business area: customer service. 

Though it’s widely seen as a human-led sector, this form of tech could simplify a number of B2C tasks, likely boosting overall client experience as a result. In turn, this may very well improve brand reputation as well as profit turnover.

Let’s explore the main ways in which AI stands to enhance customer service within a business. [Read more…] about How AI Could Boost Business Customer Service

International System of Units agreement being commemorated today

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Intergovernmental organization BIPM outlines historic changes to the International System of Units, or the SI

Today, May 20, is World Metrology Day, commemorating the anniversary of the signing of the Metre Convention in 1875.

This treaty provides the basis for a coherent measurement system worldwide that underpins scientific discovery and innovation, industrial manufacturing and international trade, as well as the improvement of the quality of life and the protection of the global environment.

The theme for World Metrology Day 2019 is “The International System of Units – Fundamentally Better”. [Read more…] about International System of Units agreement being commemorated today

Volkswagen to invest €1 billion in new battery cell production facility

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Volkswagen is planning to move into the battery cell manufacturing market with an investment of €1 billion in a new production facility in Europe.

The automotive giant will set up the battery cell production facility in the Lower Saxony region of its native Germany.

The company is working with the local government to choose a suitable location for the factory complex, and is likely to partner with businesses from relevant sectors.

[Read more…] about Volkswagen to invest €1 billion in new battery cell production facility

NextGenAM 3D printing pilot successfully completed

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The “NextGenAM” project, what began as a vision in May 2017, has now reached a successful conclusion.

The aim was to develop a digitalised next-generation manufacturing line to produce aluminium components for the automotive and aerospace sectors significantly more cost-effectively than is currently possible.

The successful outcome was that, in terms of the overall production process, manufacturing costs could be reduced by up to 50 percent compared with existing 3D printing systems.

[Read more…] about NextGenAM 3D printing pilot successfully completed

Samsung moves into the vertical farming market

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Agricultural innovations are essential for feeding our ever-growing global population.

Especially these days, as industrialisation and global warming continue to negatively affect soil fertility and reduce the amount of arable land.

According to the United Nations, the world’s population is set to reach 9.8 billion by 2050.

[Read more…] about Samsung moves into the vertical farming market

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