It is 2020 and customers are living in an age of choice.
A large extent customer needs will be driven by technological innovation. Advances in microchip technology will find application across a wide range of industries that includes automobile, aerospace, oil, and gas, ICT, nanotechnology, life science, renewable energy, and consumers foods.
Advances in microprocessors, memories, NGN services, software, IT services, and communication technologies will make it possible to build high tech and computing devices affordable and available at anywhere. For example, Cloud Computing, Mobile internet will be dominant and increasing number of people will be living and working within "virtual worlds" being more productive online than offline.
New Innovation will change the future of business and that will create new opportunity for high tech industry to jointly go to market and develop product that customers will buy as the new technology and continuous changes will occur at all levels in the supply chain.
If companies want to be on the leading edge of technology and innovative then they must scan quickly and efficiently all the potential opportunities regardless of industry or sector. From there companies will discover unlimited possibilities and combinations, which will help to create new state-of-the-art products or services to propel the future.
Innovation will be the key success factor for business. Every organization will need to think for smart future and that is “Be a future innovation leader”
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Mr.Mansing i was finding contents about business leadership and i came across your blog, from your profile i can understand that you must be a management person.i am a content writer for some company. and i always write about inventions and the world. that's my favourite subject.
Mr. Mansing you say that technology will advance and customer will have various choice. technology will be driven to higher end by innovation. but whose technology? because the technology you are mentioning is all that comes from western world. we are left at the mercy of there innovation.
In India we are only consumers of this technology. not a single microprocessor is manufactured in india. we are adopting 3G technology which is about to outdate in europe. The foreign investors control our stock markets.Even to produce a single vaccine and bring it to the world you need USFDA approval.
we have only handful of achievements to boast.
we are only good in service industry, because we can work in BPOS, SOFTWARES, BACK-OFFICE JOBS. and this is because our education system had thought us only copy-cut-paste life, we did that in schools, learn and write in answer sheets.doesnt matter if you dont understand. then colleges and now in real life. and i think if you really wish to see this in action, 3idiots was the best movie that portrayed this scenario.
To become a Innovation leader in industrial field you need to make up a startup in the field which no one has started, like microsoft, oracle,intel or to come up with and idea that would over ride the existing trends of business.
For eg: dell sold 8 million computers on twitter, tell me how many indian companies did that. atleast i dont know any!
A country like israel last year listed 65 companies on NASDAQ and only two Indian companies got listed, see the difference, a tiny nation beat us in the competition. and this is because our education system was never changed, entrepreneurship was never thought beyond books. and people doubt your abilites and it starts from our own families.
I am not critisizing your blog, instead i would say i found hardly a few blogs where people speak about ways to Innovation rather then predicting the world after innovation, which is more easy.
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