Dragons dead…?…#innovation

Posted on August 4, 2015 by admin

Do you, like me, tune in to ‘Dragons Den’ every week to see wannabees compete for investment from ‘successful multi-millionaire entrepreneurs’ to make their dream a reality.

new-dragons-den Do you cringe when you see the hopeful saps flounder because they don’t know the difference between Gross & Net profit or snigger when they hopelessly overvalue their nascent company.

All great fun but, I don’t know about you, I think there has been a real dearth of Innovation on the show recently, and it all seems very very dated.

Nowadays there are some much better sources for funding innovation which don’t depend on the whim of the multi-millionaire but instead are based on crowd funding – investment from ordinary individuals like you & I attracted by the innovation process & the chance to partake in the creative process.

Here are some examples of these alternative sources of finance for the budding entrepreneur:-

Check them out for yourself:-

www.kickstarter.com

www.indiegogo.com

www.crowdfunder.com

www.rockethub.com

www.angellist.com

There are many more & they all represent a growing trend – a great idea, probably promoted via social media, attracts a crowd of interested backers, the project develops momentum & its ultimate success rewards everyone involved to one degree or another.

Perhaps this is indicative of the way society is evolving – from Capitalism to Collaboration – where innovation is no longer dependent upon the whims of a small minority of wealthy individuals but is propelled by the shared interest & active participation of the many.
chris@amberhill.biz

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Rise of the nanobots………………….#innovation

Posted on May 13, 2015 by admin

The global nanotechnology-based medical devices market is poised to grow at a CAGR of 11-12% from 2014 to 2019. The rapid surge in aging population, increasing international research collaboration, and increased government support for nanotechnology are the major factors driving the growth of the nanotechnology-based medical devices market.

This is one of the areas in which nanotechnology is set to make an impact and who’s use will grow exponentially & prove to be truly disruptive. It may not be long before, instead of going into hospital for major surgery we simply down a glass of nanobots which travel through the bloodstream to arrive at their pre-programmed destination to perform corrective survey without any disruptive invasive procedure.

Another exciting example of Nanotechnology is self-healing materials. These will be able to repair themselves by utilising tiny robots which live on or in the material itself. The Automotive industry is actively engaged in research to develop self -healing paints which will remain scratch free indefinitely.

Nanotechnology is a truly disruptive advance which is set to transform our world forever.

chris@amberhill.biz

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This will change everything……………..#innovation

Posted on May 2, 2015 by admin

Have you heard of the ‘Human Brain Project’ ? :-

‘Understanding the human brain is one of the greatest challenges facing 21st century science. If we can rise to the challenge, we can gain profound insights into what makes us human, develop new treatments for brain disease and build revolutionary new computing technologies. Today, for the first time, modern ICT has brought these goals within sight.’

‘The HBP is working to develop a collaboration infrastructure, which would among other tools include network and cellular simulators, in-silico experimentation facilities, and the opportunity to execute the combination of simulator model and in-silico experiment on a supercomputer or computer cluster. During the project, the tools and the collaboration infrastructure developed by the HBP researchers will be made accessible for the entire neuroscience community. At the seminar, HBP researchers and external neuroscientists will explore the challenges, opportunities and implications of the HBP collaboration infrastructure, and formulate hypotheses, focusing on testing of cognitive tasks like spatial navigation and visual action recognition, that could be tested when the facilities has been developed.’

These developments once thought fantastical reflect the thoughts of pioneering futurist Ray Kurzweil who has talked about the idea of a ‘singularity’ – a point in time in the near future when the development of artificial intelligence reaches a point beyond which it is almost impossible to predict what will happen as humans combine with intelligent machines to produce a race of ‘super- humans’ capable of extended life with un-imaginable consequences. These ideas are both terrifying & exhilarating.

Once considered purely Science Fiction the Human Brain Project suggests that this truly disruptive technology may be closer than we think.

chris@amberhill.biz

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#Innovation leads to Future Disruption……………..#technology

Posted on April 12, 2015 by admin

In 1947 Engineers at Bell Labs invented the Transistor. This was followed up by a team at Fairchild Semiconductor who developed the Semiconductor Integrated Circuit (I.C) in 1958. Both examples of ‘Disruptive Technology’ which changed the world forever. The phones & computers we take for granted today would not have been possible without these developments.

The invention of the World Wide Web by Tim Berners-Lee in 1989 is another example of Disruptive Technology which brings about a seismic shift in society.

So what is the next Disruptive Technology ? In the next posts we will examine some of the emerging technologies which may change the fabric of society forever:-

Graphene – is an allotrope of Carbon which forms a 2D hexagonal lattice one atom thick. It is incredibly strong (100 x that of steel, by weight) & also very light & flexible. It is also incredibly conductive to both electricity & heat. The potential is enormous as a material to be used in the manufacture of aerospace & automotive components.

A number of U.K companies are involved in the development of Graphene including Applied Graphene Materials as are a number of Universities. In March George Osborne officially opened the National Graphene Institute in Manchester with a government grant of over £38 million.

Once Graphene is produced in industrial quantities its use will transform society with lighter, stronger structures in Aerospace, buildings & Automotive. to name a few. It’s electrical properties will revolutionise electronics. More efficient battery technologies will make electrically powered vehicles commonplace on our roads & its use in solar cell technology will lead to cheaper greener energy.

Graphene will Disrupt Society in ways bounded by our imaginations.

chris@amberhill.biz

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Flexible circuits promise IOT rewards……….#innovation

Posted on February 17, 2015 by admin

Cambridge start up Pragmatic I.C has received over 5 million GBP in funding from Cambridge Innovation Capital, ARM plc & others to develop flexible micro-circuits which may be used to embed computing power in everyday objects and bring on the Internet Of Things revolution.

The firm, whose circuits are ‘thinner than a human hair’ is already making prototype devices in its Cambridge facility & reckons its processes are scalable for mass production.

The ability to embed complex circuits in everyday objects which are not flat like clothing, automotive trim, airplane bodies & household items offers tremendous potential for the development of intelligent ‘things’.

Flexible circuits, in themselves, are nothing new in the world of Microelectronics, I remember working on printed plastic circuits 30 years ago at General Hybrid Ltd in Jarrow before the company was unfortunately declared bankrupt.

Potential problems with flexible circuits tend to revolve around component stability & reliability; hopefully PragmaticIC have this covered & they will go on to have tremendous success, having the backing of ARM plc, the U.K’s most successful ‘modern’ electronics company is a terrific bonus & their Innovation is to be admired.

chris@amberhill.biz

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Who needs driverless cars ? #automotive

Posted on January 27, 2015 by admin

Mercedes Benz has joined the herd of Automotive companies who have followed Google’s lead in developing autonomous (driverless) vehicles for use on public roads.

But where is the demand coming from ? Who actually wants driverless cars ? It may surprise but, according to a recent Government survey, over 46% of us do!

Maybe its the thought of an extra hours sleep on the daily commute or the desire to squeeze another couple of hours work time in our already busy days; perhaps we imagine driving on our congested roads will be more pleasurable if the car takes the strain instead of us – whatever the reasons there is no doubt that some time soon autonomous vehicles will be a common sight on our roads and the investment decisions of the major motor manufacturers will begin to make sense.

Once again Google will be praised by some & cursed by others, but there will be no denying the Organisations prescience.

Chris@amberhill.biz

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Developing an #Innovative society & generating growth

Posted on October 24, 2014 by admin

If we want to develop an innovative society we need look no further than Silicon Valley which is the most successful example on earth.Silicon Valley has key attributes which are key to its success in generating billions of dollars in revenue & employing millions of talented Engineers who earn enviable salaries. These attributes are not immediately obvious:-

It may surprise many to learn that Silicon Valley has a strong military connection particularly with the U.S Navy, many early innovations were as a result of collaboration on Radio & communications systems leading to the Arpanet the direct forerunner of todays Internet. Some of todays smartest innovative individuals work in the Defence Industry.
The presence of an Internationally renowned eduction establishment – Princeton – has been key to the ‘Valleys’ success. Princeton has developed & encouraged technically educated entrepreneurs to start & grow numerous successful enterprises.The U.K has some of the world’s leading Institutes, unfortunately recent government policy seems to make it increasingly unviable to survive economically as a Student.
People may be surprised to learn that Silicon Valley is the home to numerous large Law firms who’s accessibility has allowed start ups to quickly resolve disputes & grow rapidly.
Over 30% of residents are immigrants. The ability to welcome International migrants who are highly skilled & educated creating a multinational society of entrepreneurs & Engineers is a key component to success. Perhaps this could provide a solution to the UK’s ‘boats’ problem which often transport enterprising individuals who could be put to good use in the Economy rather than housed in run down hotels at huge taxpayer expense.
There are many Venture Capital firms in the area which provide key access to funding to ensure prosperity & growth.

All of these key components are essential if an Innovative Society is to thrive & grow generating huge revenue & employment prospects.

Chris@amberhill.biz

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Category Archives: Innovation

Dragons dead…?…#innovation

Flexible circuits promise IOT rewards……….#innovation