Emerging technologies have the potential to significantly improve most aspects of business. They not only improve efficiencies and productivity, but also help organisations create new products and services.

Their disruptive nature may also lead to improved societal education, healthcare, and environmental sustainability. As a result, they should be on the minds of any good Chief Innovation Officer or Chief Strategy Officer.

The following 5 emerging technologies can help businesses innovate to stay ahead of their competitors.

1. Generative AI

Generative AI is already reshaping industries due to its sophistication and highly-applicable uses for business. It is easily integrated into existing workflows to increase productivity and personalize services at scale.

Potential uses include creating complex simulations, creating images from text, and designing interactive experiences. Generative AI is also very adept at problem solving, customer engagement, and scaling up creative processes such as blog or social media posts.

AI can also play a leading role in areas of science. Researchers can explore never before connections to better understand materials, diseases, and the human mind and body. Scientific discovery will undoubtedly reach revolutionary new heights with the aid of this rapidly emerging technology.

2. 5G with Internet of Things

One can’t ignore advancements in 5G when ranking the best emerging technologies. The fifth generation of mobile networks continues to change how organisations connect to other transformative technologies such as the Internet of Things, AR, VR, and more.

Better mobile offers faster data download and upload speeds, fewer latency issues, wider coverage, and more stability. This can mean a business can offer products and services with real-time connections and the ability to process larger amounts of data.

Add to this the expansion of IoT technology. Organisations can now collect data from a plethora of sensors to better manage services, assets, and resources. This includes everything from monitoring organisational energy consumption usage to plotting efficient traffic routes for improved public services.

As an emerging technology, IoT shines because it has the ability to grow as complexity increases. Organisations can interconnect new devices to improve services, without reinventing the wheel.

3. Immersive Technologies

The World Economic Forum suggests the combination of greater computing power with AR and VR is now an important way to create vast infrastructure and daily system improvements. For instance, digital models provide an accurate method for designers to check the safety, sustainability, and efficiency of creations in the real world. Organisations can also overlay digital information over real world scenarios, intensifying the experience.

Consequently, these merging technologies are ideal training tools in education, retail, real estate, and other industries. Additionally, they are now user-friendly making them much easier to integrate into business operations or daily life.

4. Autonomous Technologies

Autonomous technologies aren’t just about self-driving cars and drones. They can also be used to reduce labor costs, injuries, and downtime and increase productivity.

Using sensors and machine learning, equipment can run without human intervention. Beneficial examples include surgical robots that can perform delicate operations and autonomous tractors that can improve agricultural productivity and safety, and reduce emissions.

5. Green Energy Technologies

Looming greenhouse gas emission deadlines have made green energy technologies a business necessity. Fortunately, innovations in solar, wind, and bioenergy and other innovations can help most companies achieve their sustainability goals.

Find Emerging Technologies For Organisational Needs

Successful Chief Innovation Officers and Chief Strategy Officers understand not all emerging technologies automatically suit organisational needs. After all, there’s no point in investment in innovation unless resources provide a return.

Fortunately, EarlyBirds makes it easy for organisations to identify suitable technologies. We offer multiple methods and the following benefits:

• Increased productivity
• Improved operational efficiency
• Enhanced competitiveness
• Connections to the best Subject Matter Experts and innovators available
• Simplified process

EarlyBirds Skill Identification Program

Our skill identification program offers potential solutions to organisation to find and retain the best in the current talent pool.

The program is overseen by veterans in the industry with a high level of credibility and expertise that benefits all parties. It also provides actionable data-driven recommendations fuelled by cutting-edge technologies, such as artificial intelligence, machine learning, and predictive analytics.

EarlyBirds Open Innovation Ecosystem

Our award-winning Open Innovation Ecosystem allows both innovation and strategic thinking in all areas of a business, whatever the technical or business challenge or potential opportunity your organisation wants to explore.

With a data pool of over 5.0 million global innovations across many industries, it is possible that solutions already exist that address your organisation’s challenges. Alternatively, your organisation can list your needs and request solutions from innovators.

EarlyBirds Ecosystem Maps

EarlyBirds’ Ecosystem Maps offer strategic value for decision-making. They empower company officers, because they provide a full picture of the possible technological advancements in specific domains. This allows them to make informed, forward-thinking decisions.

Each Ecosystem Map contains startups, scaleups, and mature companies involved in specific themes and sub-themes making it possible for organisations to plot a path towards innovation. The map also tracks numerous daily and historical news and media articles from across the world.

EarlyBirds Explorer Program

The Explorer Program is tailored towards those who need innovation as a service to supplement existing innovation programs, or to conduct innovation projects when required. It is designed to speed up the process of technological innovation for the organisation as a service.

The Explorer Program includes several features including quarterly and monthly innovation days; regular webinars to help stimulate innovation in the organisation; a focus on types of innovations; a platform enterprise license; and a nominated SME for the business.

EarlyBirds Challenger Program

The Challenger Program focuses on a single organisational or technical challenge. It looks for the most relevant innovators that meet organisational, technical, and risk requirements.

The program is run by an EarlyBirds’ Subject Matter Expert who identifies your key issues. The SME then searches the data pool to identify and curate options for further evaluation. The most suitable option is chosen and the SME drafts a roadmap of next steps, POC, trial, or implementation.

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These breakthroughs only touch the surface of what’s available to a Chief Innovation Officer, Chief Strategy Officer, or any other leader that wants to spearhead change.

Let us help you create an effective roadmap towards the innovations and talent you need. We invite you to sign up as an Early Adopter or you can request a consultation for a more personalized approach.

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