Remove tech-and-innovation
article thumbnail

Wearable Technology in Healthcare

Tom Spencer

Medical device companies are catching on to the financial potential of these devices and are beginning to add medical wearables to their product lines. Based on a recent study by Global Industry Analysts , the global market for wearable medical devices is projected to eclipse $4.5 billion by 2020. Potential Benefits.

article thumbnail

The Worldwide Race for AI: Will the U.S. Continue to Lead in 2018?

Tom Spencer

Russian President Vladimir Putin said to Russian students in late 2017 that whoever becomes the leader in artificial intelligence will control the world. The rise of artificial intelligence has received widespread discussion in recent times and has been predicted to play a huge role in business and financial institutions in 2018. Race for AI.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Big Consumer Brands Can Do to Compete in a Digital Economy

Harvard Business

It also hurts the brands sold inside the stores, which in part explains why consumer product giants like Procter & Gamble are seeing their sales stagnate for products like Tide detergent, Gillette razors, Pampers diapers, and Crest toothpaste. Penney, and Barnes & Noble. Price competition hurts.

Retail 39
article thumbnail

We Need to Ask How We Can Make Economic Growth More Inclusive

Harvard Business

That is, they do for creative problem-solving what catalysts do in chemical processes: they dissolve barriers and accelerate progress down more productive pathways. This vexing global challenge causes me to wonder, “What if the world’s innovators turned their sights on solving this problem?

Apparel 31
article thumbnail

When Companies Want to Innovate, But Investors Won’t Let Them

Harvard Business

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. Investors affect innovation investments. Simon McGill/Getty Images. In theory, investor incentives align with what is good for the firm.

Company 36
article thumbnail

How GE Built an Innovation Lab to Rapidly Prototype Appliances

Harvard Business

Many large companies yearn to rekindle the innovative magic of entrepreneurship, but very few actually succeed. The reasons have been well documented and include: Large, established companies answer to investors who value predictable, consistent financial results, and so are intolerant of the risks inherent in bold innovation.

article thumbnail

Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. GE made a $4 billion bet on connecting industrial equipment through the internet of things and analytical software with a suite of products called Predix Cloud. Innovation at GE was on a roll.