A New World of Innovations

The potential for new technologies like Artificial Intelligence, Blockchain, IoT, Wearables, Microservices to disrupt industries and business models is real today. These technologies are helping deliver richer experiences for customers as well as employees. As organizations explore ways to meet increasing user demands, they face significant development cycles and large investments in talent re-skilling and expertise building..

Digital systems are changing our lives at a rapid pace and opening new areas of business for companies. Trains that are almost always on time, factories that manufacture products with a quality level of almost 100 percent, and buildings that adapt themselves to their residents are only a few examples of what digital systems make possible.

Innovation itself is a broad term that covers the whole value chain – from idea creation to market introduction. It is thus a term with a wider reach than the concept of R&D which refers to the corporate function of turn promising ideas into economically beneficial technologies, products and services