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Rethinking the Role of Technology Innovation in an Increasingly Interdependent, Complex & Resource constrained World.Tim T & John Contracting Consulting .
A report from the World Economic Forum Global Agenda Council on Emerging Technologies
With the average lifetime of a company on the Fortune 500 estimated to be less than 30 years, the impact of technology on business has never been greater. At the same time,businesses are under increasing pressure to be sustainable.The revolution in Internet technologies that's pawned Google and Facebook is only the beginning of a period of massive and accelerating change.Emerging technologies in the life sciences, materials and computing are combining and sparking an unprecedented array of novel and potentially game-changing technology innovations (see below). This rapid pace of change is leading to an increased competitive threat to established businesses, while offering the potential for newcomers to blindside incumbents. But it also offers businesses new opportunities to leverage global trends from energy security to availability of fresh water.In today’s globalized world, businesses cannot afford to ignore the opportunities and challenges presented by emerging technologies. Technological innovation is increasingly required to meet the goals of sustainable industry and to address pressing global issues.Yet the successful development and use of emerging technologies is fraught with difficulty –requiring businesses to learn new ways of integrating technology innovation into their plans.This white paper looks at how we develop and use technology within an increasingly complex and interconnected society, and how we can translate this into developing timely, cost effective and acceptable solutions to pressing global challenges.Director Tim Thomas /John Valadez.
Validity Sustainable Consulting.
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