Brian's Musings
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    • Brian's 2020 Newlsetters >
      • 28th June 2020 – Mulling a Covid Afterlife
      • 31st May 2020 - Unlocking your mind while in Lockdown
      • 19th April, 2020 – More stimulants for lockdown contemplation
      • 3rd April 2020 - PLanning Ahead in a Time of Plague
      • 19th March 2020 – More to Mull on in Splendid Isolation
      • 24th February, 2020 - The Corona Virus and Much More
      • 24th January 2020 - What changes likely in the new year?
    • Brian's 2019 Newsletters >
      • 23rd November 2019 - Another fascinating mix from around the world
      • 30th October 2019 - Where are we headed now?
      • 10th October 2019 - Another tour of the issues
      • 27th August 2019 -Brighter than usual
      • 2nd August 2019 - Mostly more gloom and doom
      • 5th July 2019 - Not much improvement anywhere
      • 19th June 2019 - Better late than neverNew Page
      • 27th April 2019 - More to make you think about the future
      • April 2019 Letters to the Editor of Business Day
      • 2nd April 2019 - Another Month of Mixed News
      • 27th February 2019 - More good news than bad
      • 4th February 2019 - Trying to make sense of it all
    • 2018 >
      • 29th December 2018 - Preparing for 2019
      • 3th November 2018 - Death by Hot Air and Other Cautionary Tales
      • 26th October 2018 – The Case of the Treacherous Till Slip and Other Interesting Tales
      • October 2018 - Feedback on Draft Integrated Resource Plan for South Africa
      • 21st September 2018 - The Information Flow Continues
      • 31st August 2018 - Reading for the first weekend of spring / autumn
      • 31st July 2018 - Watching the World
      • 13th July 2018 - Energy Update 2018
      • 31st May 2018 - Grime and Punishment
      • 20th April, 2018 - The Equaliser Conspiracy
      • 3rd April, 2018 - More Fascinating Facts and Figures
      • 28th February, 2018 - World Update
    • 2017 >
      • 29th November 2017 - Guessing Our Future
      • 29th July 2017 – Basic Income Grant
      • 26th July 2017 – Ideas for a Brighter South Africa
      • 3rd July 2017 - Another Energy Update
      • 8th May 2017 – Trucking and Selling
      • 12th April 2017 - False News Today
      • 22nd March 2017 - Predicting Speed of Change
      • 27th February 2017 - Growing Inequality
      • 11th January 2017 - Medical Data Mining
    • 2016 >
      • 13th December 2016 - American Irony
      • 25th November 2016 - Global Decision Making
      • 30th October 2016 - Climate Changes
      • 11th October 2016 - Musing Investments
      • 19th September 2016 - The Inexorable Five
      • 2nd September 2016 - Driving Forward
      • 17th August 2016 - Innovationv Update
      • 19th July 2016 - Powering Along
      • 4th July 2016 – An Eye to the Future
      • 10th June 2016 - Reverse Education
      • 20th May 2016 - More Minding P's and Q's
      • 5th May 2016 - A Leisurely Future
      • 17th April 2016 - More Food for Thought
      • 29th March 2016 – America’s Digital Colonisation of the World
      • 11th March 2016 - Measuring Life
      • 26th February 2016 - Growing Older, Growing More
      • 12th February 2016 – Retirement Reflections
      • 29th January 2016 - Just Four More Years to 2020 >
        • 15th January 2016 - A Taste of Red and White
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Innovation Update

17th August 2016 - Innovation Update



In July 2016 Citi Group published their latest Global Perspectives & Solutions report entitled Disruptive Innovations IV. While their choice of technologies is interesting, I found their narrative dense and difficult to read. As you will see, some of the technologies are not futuristic at all but are already partially with us already. This is a very brief summary of those innovations.


The first is the big data revolution in energy. Oil exploration and production already generate huge amounts of data; greater processing power and more sophisticated software could significantly lower the cost of finding, extracting and refining oil and gas by making better use of this data. In the electricity sector improved data analytics are going to be required to optimise bi-directional networks made more complex through the installation of renewable and local power generation and associated distribution systems. Deployment of these tools has the potential to significantly reduce electricity costs.


Switching from traditional steel pipes to new thermoplastic pipes decreases subsea costs by 30-40% and total deepwater costs by 10%, enough to lower the breakeven oil price by $4/bbl. (With climate scientists calling for an end to fossil fuels by 2030 in order to stave off rising temperatures, these cost cutting measures in the oil and gas industry will make this more difficult to achieve).


Contextual commerce would allow consumers to order goods and services without having to exit an application and access a vendor’s website. Increasingly, online purchases will be suggested and transacted through non-traditional e-commerce sites such as social media. We see crude versions of this right now when Google or Facebook present adverts consistent with knowledge of both the consumer and the content of the web page.


A related innovation is the emergence of the direct to consumer marketplace which cuts out wholesalers and retailers and allows consumers to interact directly with manufacturers. Moving from proximity sourced product to a direct-to-consumer marketplace would create a $200bn annual revenue opportunity for apparel manufacturers. (Again this is not a new phenomenon as I watch my daughters increasingly purchasing clothing online, often on a try-on and optionally return basis.)


Wide bandgap (WBG) semiconductors let devices operate at much higher temperatures, voltages, and frequencies while being smaller and more reliable. WBG semiconductors have shown the capability to meet the higher performance demands yet enable design of modules that are smaller, faster, and more reliable than their silicon-based counterparts, resulting in improved efficiency when it comes to existing applications such as power chargers, and fully meeting the needs of new emerging applications such as MRI scanning and automotive radar.


In like vein, consumer devices by 2021 could look like a thin and flexible piece of paper through the use of flexible, organic electroluminescent display (OLED) technology. Future devices will enable augmented reality functions which allow users to view and touch objects from different angles in an almost realistic fashion and to use a gyroscope to adjust views and aspects. Consumer media devices could be the focal point of the “connected home”, integrating a variety of services and connectivity into one location.


The use of open source software in robots can accelerate robot penetration by lowering customer adoption cost as the source code is made available to users to amend as they see fit, and usually entitles unrestricted re-distribution to others. This is a benefit to developers in a variety of ways ranging from collaborative development to standardized robotic interfaces.


Epigenetic approaches in cancer treatment could become a $10bn market by 2025. Epigenetic drugs, which can switch genes on and off, may materially increase the percentage of patients likely to experience profound increases in survival in response to immunotherapy. Also on the medical front, new delivery methods will increase the ease and effectiveness of drug delivery for the growing number of people with ocular disease. (With so many developments taking place in the medical arena, I’m not sure why these two received special mention.)


Useful Links


Citi Group Global Perspectives & Solutions: Disruptive Innovations IV

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  • Home
  • Brian's Blog
  • Musings
    • Brian's 2020 Newlsetters >
      • 28th June 2020 – Mulling a Covid Afterlife
      • 31st May 2020 - Unlocking your mind while in Lockdown
      • 19th April, 2020 – More stimulants for lockdown contemplation
      • 3rd April 2020 - PLanning Ahead in a Time of Plague
      • 19th March 2020 – More to Mull on in Splendid Isolation
      • 24th February, 2020 - The Corona Virus and Much More
      • 24th January 2020 - What changes likely in the new year?
    • Brian's 2019 Newsletters >
      • 23rd November 2019 - Another fascinating mix from around the world
      • 30th October 2019 - Where are we headed now?
      • 10th October 2019 - Another tour of the issues
      • 27th August 2019 -Brighter than usual
      • 2nd August 2019 - Mostly more gloom and doom
      • 5th July 2019 - Not much improvement anywhere
      • 19th June 2019 - Better late than neverNew Page
      • 27th April 2019 - More to make you think about the future
      • April 2019 Letters to the Editor of Business Day
      • 2nd April 2019 - Another Month of Mixed News
      • 27th February 2019 - More good news than bad
      • 4th February 2019 - Trying to make sense of it all
    • 2018 >
      • 29th December 2018 - Preparing for 2019
      • 3th November 2018 - Death by Hot Air and Other Cautionary Tales
      • 26th October 2018 – The Case of the Treacherous Till Slip and Other Interesting Tales
      • October 2018 - Feedback on Draft Integrated Resource Plan for South Africa
      • 21st September 2018 - The Information Flow Continues
      • 31st August 2018 - Reading for the first weekend of spring / autumn
      • 31st July 2018 - Watching the World
      • 13th July 2018 - Energy Update 2018
      • 31st May 2018 - Grime and Punishment
      • 20th April, 2018 - The Equaliser Conspiracy
      • 3rd April, 2018 - More Fascinating Facts and Figures
      • 28th February, 2018 - World Update
    • 2017 >
      • 29th November 2017 - Guessing Our Future
      • 29th July 2017 – Basic Income Grant
      • 26th July 2017 – Ideas for a Brighter South Africa
      • 3rd July 2017 - Another Energy Update
      • 8th May 2017 – Trucking and Selling
      • 12th April 2017 - False News Today
      • 22nd March 2017 - Predicting Speed of Change
      • 27th February 2017 - Growing Inequality
      • 11th January 2017 - Medical Data Mining
    • 2016 >
      • 13th December 2016 - American Irony
      • 25th November 2016 - Global Decision Making
      • 30th October 2016 - Climate Changes
      • 11th October 2016 - Musing Investments
      • 19th September 2016 - The Inexorable Five
      • 2nd September 2016 - Driving Forward
      • 17th August 2016 - Innovationv Update
      • 19th July 2016 - Powering Along
      • 4th July 2016 – An Eye to the Future
      • 10th June 2016 - Reverse Education
      • 20th May 2016 - More Minding P's and Q's
      • 5th May 2016 - A Leisurely Future
      • 17th April 2016 - More Food for Thought
      • 29th March 2016 – America’s Digital Colonisation of the World
      • 11th March 2016 - Measuring Life
      • 26th February 2016 - Growing Older, Growing More
      • 12th February 2016 – Retirement Reflections
      • 29th January 2016 - Just Four More Years to 2020 >
        • 15th January 2016 - A Taste of Red and White
  • Books