Home / Blog (page 5)

Blog

Welcome to the IEEE Future Directions Tech Blog.

Megatrends for this decade – XVIII

d) Servitization The transformation of products into services is not new. Several verticals have experimented new biz models aiming at generating continuous revenues by delivering services rather than selling a product. Digitalisation creates data, the orchestration of an ecosystem exploits them, often leading to the creation of more data. In …

Read More »

Megatrends for this decade – XVII

c) On-demand production The efficiency of the distribution chains coupled with the flexibility of production lines have made possible an amazing change in the production processes and in the relation with the market (and with the end customer). Just two decades ago when buying a car you would have been …

Read More »

Gotcha! You lost focus

I don’t know about you, but the number of conf calls has exploded at my home. Me and my wife are running parallel conf calls every day, several times a day. We have been using conf calls to meet our kids in the cyberspace (the 4 of them, spread out …

Read More »

Megatrends for this decade – XVI

b) design through Digital Twins Digital Twins have become an integral part of the manufacturing process, being used both as a tool and as a mirror of the product being manufactured. Actually, several companies are now starting to use digital twins in the design phase and in doing so they …

Read More »

Megatrends for this decade – XV

a) Design of raw material Humankind discovered the first alloy long, long time ago. Historians place the date somewhere between 5,000 and 6,000 years ago. In the current Iran/India area our ancestors were using copper and discovered that smelting certain copper ore, like Olivenite and Tennantite resulted in a stronger …

Read More »

Digital Crutch or Digital Transformation?

Next Monday, December 7th, I will be giving the Opening Keynote at the ITU Kaleidoscope 2020 (you guessed it, it will be a fully on-line event and you can register here). The event, as shown in the banner will be focussing on Industry-driven Digital Transformation. It will address the path …

Read More »

Megatrends for this decade – XIV

  13. Instant economy of Things The great change brought by the Industrial Revolution was the production of goods for an unknown customer. Think about it. Before the industrial revolution production was handled by artisans and they worked on demand. Their wares were manufactured based on customer’s specification, be that …

Read More »

Megatrends for this decade – XIII

12. Autonomous vehicles and flying cars There are already a number of autonomous vehicles, both self-driving cars and autonomous trucks. Additionally, there are several fully autonomous drones and a few airplanes flying in the sky. However, if we compare those numbers with the numbers of vehicles/planes we can see that …

Read More »

What about BrontoBytes?

Back in 2015 (a age ago) an article by the World Economic Forum listed the measuring stick for data quantity. So they started with kB (1,000 bytes) and moved up to reach the ExaBytes – a billion of GB-, the ZettaBytes – 1,000 of EB- and then the YottaBytes – …

Read More »

Megatrends for this decade – XII

11. Insurance: from “recovery after risk” to “prevention of risk” Today we insure our home, our car … ourselves from accidents and insurers evaluate the risk such accident may happen. To do that they are using statistics and more and more try to customise the risk evaluation to be as …

Read More »