The compendium of new and emerging technologies that address global health concerns has been created as a neutral platform for technologies which are likely to be suitable for use in low-resource settings. Together with the client, we identify business-relevant emerging technologies and assist with their implementation to deal with current risk management and fraud investigation issues, identify weaknesses in business processes, improve performance, sales and customer experience and reduce costs.
In 2009, scientists at the National Renewable Energy Laboratory (NREL) and SkyFuel teamed to develop large curved sheets of metal that have the potential to be 30% less expensive than today’s best collectors of concentrated solar power by replacing glass-based models with a silver polymer sheet that has the same performance as the heavy glass mirrors, but at much lower cost and weight.
Examples we see around us include face recognition at passport control, financial fraud detection, virtual assistants on your smartphone or via devices in your home, messaging chatbots on social media, content recommendations for our video streaming services and increasingly driver support in vehicles.
While there is huge potential to link consumer appliances and devices to the web, the industrial internet of things offers even bigger potential for business: there could be several billion connected consumer devices in the next five years, but the equivalent number for industrial machines will be in the hundreds of billions.
An example might be the digital transformation that the communications service provider industry is undergoing, where technologies like network functions virtualization (NFV) and the Internet of Things (IoT) are creating new market capabilities largely from existing technologies.