Thoughts on the upcoming steps in industry evolution history

This post outlines part of the manners in which the application of new technology could revolutionise the way we live our daily lives, in a variety of factors and sectors.

Perhaps one among the largest process innovation examples is the innovation of a complete brand new generation of connectivity speeds and efficiency on the subject of the web: with the arrival of mobile 5G, which is today effectively imminent as its broadband equivalent of fibre optic is already becoming typical among households, we will soon notice the launch of what is known as the Internet of Things. Even finance leaders, like Telecom Italia’s activist investor, recognise the relevance of such a breakthrough, encouraging them to support the involvement in research and experimentation to make it a reality soon. With these facts, we can anticipate the telecommunications industry to be one among the fastest growing industries next decade.

As customers slowly come to be much more aware of the influence their buying habits actually have on the planet, there is a call for more ecological solution, whether it is with regards to the materials that are used, the procedures in the making procedure, or the way items are disposed after they actually have reached the end of their product life. One among the very best examples of innovation in manufacturing is the advancement of textiles produced of organic materials, such as fungi or algae: these would ultimately be biodegradable, meaning that the marketplace of fast fashion could develop its sustainability, as demonstrated by Hoitink’s partnership with a major clothes brand.

With the rise of environmental consciousness and the way consumer habits can actually have an influence on the planet, many individuals are contemplating changing their routine into something that can reduce their total carbon footprint, for example by lowering their meat consumption and opting for vegetarian options. The invention in this sector is bringing us a few of the best emerging industries examples, such as meat alternatives that have the same texture and flavour: Impossible Foods, backed by venture investors, is one of the brands developing lab-grown meat products such as burgers and steaks, which taste exactly like their animal-based equivalent while not containing any of the guilt. Plant-based products are certainly driving the evolution of manufacturing industry in the food field.

We are all knowledgeable about the relevance of renewable resources, particularly in regard to the energy field: in fact, the main notion which seems to be driving the advancement of the most innovative tech companies is in fact the importance of sustainability, therefore that we can safeguard the environment for a improved future. While the advancement of renewable energy forms and systems has been going on for different decades, new technology is making it even more reliable by creating better storage for it: if all the solar energy gathered over summer days could be used in the long, cold nights in winter rather than the standard fossil-based counterparts, it would actually have a striking influence on the environment.

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