When was the last time you rented a DVD from a rental store or through some vending machine in your neighborhood? Faced with new consumption practices, the video industry is evolving rapidly. Business proposals, methods of payment and value chains must be reinvented. But how? The digital strategy deployed by Arte France Développement provides some pointers.
In modern societies, controlling health risks is a fundamental requirement, especially for such a sensitive field as food. Substantial progress has been made over the last fifty years. However, the horizon seems to recede as we improve our standards. While it is difficult to accept that zero risk is impossible to achieve, new and unknown dangers appear every day. What are the new challenges of our time and how can we meet them?
Cloud computing is a much hyped but often misunderstood technology that is gaining traction in different industries around the world. Businesses are integrating the cloud into countless systems, from HR to finance. Full adoption and acceptance of cloud computing, however, are still far away. A recent global survey by Knowledge@Wharton and SAP's Performance Benchmarking team reveals that while the hype and excitement surrounding cloud computing is reaching a fever pitch, many businesses are still expressing concerns over cloud security and IT integration issues. While many people agree that the cloud is revolutionizing business, they still do not fully understand how it works. How will these tensions be resolved? How will the cloud transform businesses in the future? What kinds of benefits will it bring, and is it worthy of the current hype? Knowledge@Wharton discussed those questions and the survey results with David Spencer, vice president at SAP, and Don Huesman, managing director at the Wharton Innovation Group.
Try as you may, innovation can never be reduced to a mere good idea. Innovation is a process, which is played chiefly in the way those who are to implement it can successfully make novelty theirs. Quite often management tends to overlook this process of appropriation, or to consider it only in terms of hindrances and obstacles. How, on the contrary, can the internal resources of organizations be enhanced and mobilized? The answer is straightforward: by developing a culture of cooperation, which allows for some degree of transgression… and also makes way for emotion.
Just as the Internet enabled anyone with a computer to become an entrepreneur, today's newest technologies have spawned a do it yourself micro-manufacturing movement, so anyone can be both inventor and manufacturer. Chris Anderson's new book, Makers: The New Industrial Revolution, explains how all the pieces are coming together - from more affordable 3D printers to crowd-sourced designs - to create the conditions for a new way of manufacturing. In this interview with Knowledge@Wharton, Anderson talks about the ways in which technology is changing the limits of what inventors can do, what the Maker Movement is, why he started DIY Drones and how the new technologies will drive the global economy.
Big Data are all over the news. Some fear a new Big Brother, others celebrate new, astonishing possibilities in fields like marketing, epidemiology, city management, and Chris Anderson prophesies a science without theory. Obviously we are on the verge of a revolution. But, by the way, what are we talking about?
Enterprise mobility is poised to fundamentally change the IT landscape. Here's an overview of the opportunities and some early lessons on how to manage the associated security risks, costs, and organizational challenges.
When examining the car industry in the US, Japan as well as Europe, one tends to focus on the crisis that has been shaking some of its biggest players for several years. But this century old industry is also a field for experimentation and technological innovation – a field where the very culture of innovation is undergoing a dramatic, exciting change.
The May 31 successful splashdown of the Dragon capsule, the first private spacecraft to make a trip to the International Space Station, was a major milestone in the entry of private companies into the business of space exploration. The Dragon, built and launched by PayPal co-founder Elon Musk's Space Exploration Technologies Corporation, dramatically demonstrated that private enterprises will now be critical players in space at a time when governments around the globe face fiscal pressures that are forcing them to rethink their galactic ambitions. These firms are pouring money into developing new spacecraft for everything from transporting cargo to asteroid mining, creating new industries that offer tremendous opportunity - and tremendous risk.
The digital revolution is not only a matter of technologies. The players involved can be described as radical innovators, whose work has a direct impact on social exchanges - from friendship to trade. The shock wave is gradually spilling out of our screens and hitting the rest of the economy. The concept of multitude helps us grasp what is at stake.
Crowdsourcing your strategy may sound crazy. But a few pioneering companies are starting to do just that, boosting organizational alignment in the process. Should you join them?
In recent years, many firms have sped up their innovation processes. But can we protect the meaning and relevance of innovation while accelerating and increasing its impact? This is exactly the issue challenged by component innovation.
The German photovoltaic industry is in chaos. Overwhelmed by the boom of solar home systems, the government has had to brutally halt subsidies whose costs were threatening to… go through the roof. Caught between Chinese competition and the falling price of solar panels, several of the flagships of this young industry are now on the brink of bankruptcy. After having enjoyed a heyday of several years, the sector suddenly has to adjust to new conditions. And, if it hopes to recover, must adapt.
Thirty years ago, with a few colleagues, a young engineer based in Bangalore founded a software company that was to become a global giant in the world of computing. Last year, Narayana Murthy relinquished his position as president of Infosys. In an interview to ParisTech Review, he re-examines elements that paved the way to success – elements that cannot be dissociated from transformations in contemporary India.
The video game industry is full of paradoxes. The sector is booming and prospects have never been better. However, companies live in a state of constant stress. Faced with the extreme volatility of consumer habits, their competition is merciless. To wage these commercial wars, they are developing business strategies that are as inventive as their most popular games' scenarios.
Innovation is the result of constant information exchanges between technology, the markets, an innovation team, as well as other departments of the firm. How can we speed up these exchanges within big companies? Nicolas Bry (Orange – Innovation Marketing Group) suggests creating small dedicated structures led by innovation professionals with specific management methods. Then the question becomes: how to insert their work into group strategies?
How do we ensure that exponential increases in demand for bandwidth continue to be met both today and tomorrow? What hurdles must be overcome in the race to deploy ultra-high speed networks in the face of a less than favorable economic climate? Reflection on Europe provides fertile grounds for debate over some of the more delicate issues which, at their heart, revolve around new approaches toward network management and a more pragmatic idea of the network neutrality principle.
When new technologies change the world, some companies are caught off-guard. Others see change coming and are able to adapt in time. And then there are companies like Kodak – which saw the future and simply couldn't figure out what to do. Kodak's Chapter 11 bankruptcy filing on January 19 culminates a long series of missteps, including a fear of introducing new technologies that would disrupt its highly profitable film business.
The growth in unconventional hydrocarbons has passed from adolescence and is approaching an age of maturity. Yet, optimism must be offset the concerns for those living closest to the revolution. Glancing back over the North American and Australian experiences some preliminary conclusions can be drawn. While best practices are making a contribution to sustainable production the equation will remain incomplete without fearless public debate of the subject.
Information is more abundant than ever. Day after day, the flood of data is growing at exponential rates. Barely ten years ago, the main issue for politics and industries, was to hold a firm grip on this daunting explosion. Today, the challenge consists in being able, in real-time, to take advantage and transform into value massive swaths of data.