New Renaissance and Second Machine Age
Blog: Capgemini CTO Blog
Fear for tech
In the news a lot of things are brought with fear. This mainly to get your attention in the tsunami of stimuli. They also propagate fear for new technology, like algorithms taking over Matrix-style. But are things only that bad? Changes that take place, will always show ups and downs. Solutions create new problems, which take time to solve in their term. But as technology becomes more and more social, it is more difficult to be able to really bad things. Social in the past sentence is meant as that it is becoming harder to be able to do bad things alone or in a small group. Take a computer mouse for example.
“There is not one person on the planet who know how to make a computer mouse. You need a metallurgist, plastics guy, a software engineer, you need people who do supply chain management, you need hardware, all of it.”
As more stuff, entities and people are needed to get your product done, there is a bigger chance that someone does not comply with your bad idea. Back to technology. Technology will bring us to a next sphere. We moved from a geosphere to a biosphere. Now we are moving from the biosphere to the technosphere.
Technosphere in the making
Knowledge about how to get the most out of 21st century technologies may be building up behind dams, that soon will burst: Composites that are stronger and cheaper than steel & concrete, by combining nanotechnology, 3D-printing and rapid prototyping. Nanofiltration for purifying water. Precision irrigation and smart grids for water, using sensors and AI in chips. Sensors and AI getting cheaper and cheaper today. Drones that monitor assets, like windmills, pipelines or railways. Drones that deliver medical supplies or parts to remote areas or isolated communities. Robots that take over jobs that humans hate and free them from repetitive work to make them available for more interesting work. A chip on your skin or needing just one drop of blood or saliva to detect hundreds of diseases. AI to crunch the ever-increasing stream of data to a way you can use the data to your service and (personalized) needs. The economic empowerment of people through smartphones. All those innovations are igniting a second renaissance, where information is mainly new oil.
Doing innovation is therefore key to stay relevant in the future for your clients & customers. When you do not innovate, you will become boring for them or your service / product becomes (nearly) for free. As technology has launched a process to demonetization: all we used to pay for is now essentially for free. i.e. music, video, access to internet, etc. Innovation Management is necessary to be able to use your resources smart and not fall in the ad-hoc-innovation trap. A trap where a lot of cool things are done, but does not necessarily match your culture & value, let alone contribute to your brand and its brand value. Innovation Management does not kill innovation by putting management on it, but links your innovations to your strategy. By following our 3-step-approach only the best innovations, matching your strategy, culture and values will enjoy proof & serious investments, plus returning you the most value. Feel free to reach out to us for more info or getting a workshop for applying innovation management in your company.