Innovation

Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.

(source: business.gov.au)

Innovation
Record Number of Robots Sold to Help Fill Jobs
November 12, 2021

The labor shortage triggered by COVID-19 has been a boon to robot sales as businesses scramble to fill jobs amid increasing consumer demands for goods and services post-pandemic. Orders for robotics January through October reached 29,000 units for a record $1.48 billion compared to last...

Innovation
Google Ramps up Smart Home Connected Device Effort to Slow Rise of Amazon’s Alexa 
November 11, 2021

Home is where the connected devices are … at least that is how Google and ADT see it. In the time since they announced their long-term partnership in August 2020, the two companies have worked to build what ADT calls an “integrated home experience.” The...

Innovation
Connected Car Weekly: From Personal Vehicles to Heavy Trucks, the OEM Digital Transformation Accelerates
October 29, 2021

It was a busy week for connected vehicles and devices among the OEMs, with automakers announcing new plans and capabilities for vehicles large and small, private and commercial. During the week, Ford, General Motors and PACCAR provided updates on the digital transformations of their entire...

Innovation
Live Nation Offering NFT Ticket Stubs
October 29, 2021

Live Nation Entertainment on Friday (Oct. 29) unveiled a collaboration with artists to create digital collectible non-fungible token (NFT) ticket stubs called Live Stubs. Live Stubs will be included with all tickets for select North American Live Nation shows and will mirror the section, row...

Innovation
This Week in Payments: Robots Replace Waiters, BNPL Scales up and Facebook Rebrands
October 29, 2021

Automation and digital tools are becoming mainstream and making their way into more areas of people’s daily lives. For example, this week there was news that robots have begun doing repetitive tasks in two major casual dining chains. Robots are serving food and beverages and...

Innovation
Gaming and Extended Reality Among First 5G Use Cases For ‘Time-Critical Communication’
October 26, 2021

Mobile gaming, extended reality (XR) experiences and industrial control are among the first use cases for a new technology that facilitates real-time 5G experiences. Dubbed “Time-Critical Communication,” this new product is a software toolbox that resolves lags and interruptions in 5G networks, Ericsson explained in a Monday (Oct. 25) press release. This new Critical IoT...

Innovation
How the Vikings Turned Chaos Into Commerce
October 23, 2021

Did the Vikings invent cross-border trade? That’s the claim of Valerie Hansen, author of “The Year 1000: When Explorers Connected the World―and Globalization Began.” She had us at “globalization,” and while merchants traversing the Silk Road back in the year 130 BCE might disagree, let’s go...

Innovation
Employee Perk: Work From Anywhere in a Company-Provided RV
October 20, 2021

One tech company not only allows its employees to work from anywhere, but lends them the wheels and the office equipment to do it. Supply chain tech company project44 is offering its employees access to company-provided RVs that are equipped with mobile internet and fold-out...

Innovation
That’s Not Just a Truck, it’s a ‘Rolling Data Center’
October 18, 2021

Fleet managers are taking the vast amount of data generated by today’s commercial trucks and using it to predict and prevent roadside breakdowns and other mechanical problems. They’re doing so with sophisticated systems that collect this information, analyze it and share it through a portal. They have...