At high-growth industrial companies, services aren’t just an optional add-on, but an essential revenue driver deserving thoughtful investment.A set of paradigm shifts is forcing companies to rethink their approach to services businesses, to promote both growth and operational efficiency. The increasing complexity of products and rapid evolution of technology have made it imperative for organiz...

Does a patent application mean a company is particularly serious about a technology? No.Is every company that makes phones at least toying around with a folding model? Yes, probably.It’s tough to know from a series a crude drawings and technical details filed with the USPTO how seriously an individual company is taking these plans. Honestly, most companies are understandably most likely taking...

It took five years to sell the first million electric cars. In 2018, it took only six months.The Tesla Model 3 also passed a significant milestone in 2018, becoming the first electric vehicle (EV) to crack the 100,000 sales mark in a single year. The Nissan LEAF and BAIC EC-Series are both likely to surpass the 100,000 this year as well.Although the electric vehicle market didn’t grow as fast...

It’s only natural that the world’s first fully autonomous self-driving bus would come out of Finland. Finland, believe it or not, is often considered to be the ‘Silicon Country’ that gave the world Nokia and pretty much set the very blueprint for mobile communications. Nokia was founded in Finland, and for over two grand decades before Apple launched the iPhone, Nokia was the standard to be...

In line with the dramatic surge in super wealthy individuals across the world over the past decade, demand for luxurious assets has been soaring. Aside from mega purchases like yachts, property and private jets, millionaires enjoy splashing the cash on a host of smaller "investments of passion". Last week's 2019 Global Wealth Report from Knight Frank sheds light on the luxury items that have ex...

Could the Average Human Lifespan Increase More Than Tenfold in 30 Years?For years, the human race has been fearful of the concept that ends us all. Sometimes it comes slowly with age, and other times it can come out of the blue by some uglier means: heart attacks, drownings, and other maladies can all work to bring us closer to death.However, since our existence, the average length of human lif...

Whilst nifty robotic vacuum cleaners make a tedious and laborious task far more convenient, they are simply not as efficient as the real-deal. Their inability to maneuver around complex obstacles or ascend and descend stairs leads them to require a human to return to the areas that it missed, with a more conventional vacuum. This observation led to the creation of Lizard, which aims to offer a...

Early adopters of AI technologies are moving full speed ahead, combining experimentation and structured practices to achieve measurable value. Companies slower to incorporate AI should consider following their lead.TO invoke an African proverb, smooth seas do not make skillful sailors. In today’s turbulent world of rapid digital transformation, we wanted to discover who is best at navigating—...

A soft robot that’s perfect for packing groceries.If someone asked you to imagine a robot, says Daniela Rus, a professor at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), you’d probably think of a human-shaped bot or some heavy-duty industrial robot arm. “But for me, I would like to see a change,” she tells The Verge.The latest work from her team at MIT is a perfect...