Hyundai has indicated interest to acquire 80% of Boston Dynamics – maker of robots. We are living in exciting times of robots and AI. Let’s hope that Hyundai will bring this technology to the next level.
Category: Innovation
Will all future retail stores be like this?
This convenience store managed by Cheers has no cashier and no check-out counter. You register your faceID, visa payment card and start shopping. Sensors in the store will keep track of your presence in the store and the items you scan upon purchase. When you leave the store with those items, your credit card will be charged accordingly. Is this the future of retail? Interesting times!
The future of “smart-enabled” homes
Smart homes mean different things to different people. In this new housing estate at Ponggol, Singapore, smart homes include being able to monitor your utility usage and gantry-free parking. As technology evolves, the definition of “smart” will also change progress.
Real Madrid had the highest revenue during the covid year of 2020
All football clubs experienced drop in revenues in 2020. With lockdowns and matches without fans, the main cause of revenue declines is clearly due to having no match ticket sales. In spite of this, Real Madrid has turned in 681M euros. Perhaps this is the time for football clubs to re-examine their business models and revenue mix strategies so that they have a sustainable future.
Volocopter to launch drone taxi services in Singapore within 3 years
Exciting times ahead! Volocopter plans to launch drone taxi services in Singapore within 3 years. Sounds good. Would you use this service?
Good application of driverless technology
This is a good application of driverless technology – deploying them in road sweeping vehicles. It’s hard to sustain a workforce to drive these vehicles. Having driverless ones will definitely see pay-offs.
Is this the next Tesla?
Rivian, maker of electric pickups and SUVs raised $3.5B and seems poised to be the next Tesla as the electric vehicle market heats up. Just what is so special about Rivian? Check out this article.
Digital transformation is not just about technology
Digitisation is different from digitalisation. Digitisation is simply to convert something which is analog into digital form. Digitalisation has to do with re-engineering a process end-to-end with the help of technology. It is not just about technology alone. In fact, the process is more important than the technology itself. Technology is just the enabler. The process provides the experience – which is probably what matters most in determining the success of digital transformation.
Structured Approach to innovation
Where do you start with innovation? This “innovation wheel” provides you with a structured approach to reviewing the entire value chain of your business to determine where innovation can be applied.
Is your revenue model due for an upgrade?
Businesses everywhere are transforming how they do business and how they derive revenue. Most are seeking a model that provides a recurrent stream of revenue in the form of subscription. This is the traditional telco & utilities model which provides stability and predictability. Even the automobile industry is turning in this direction. Here is an article about what the future of cars will be like – a subscription-based software platform! Is your revenue model due for an upgrade? Connect with us for a discussion!
SilverBullets 