Archives: Tooltips

Getting jobs done is the primary reason for which people buy or recruit products. Every day, we need to get numerous jobs done, starting from washing cloth to going to…

sustained growth refers to having growth of living standards, per capita income or GDP over a prolonged period, preferably for never-ending time. How to offer such growth to a growing…

Getting jobs done is the primary reason for which people buy or recruit products. Every day, we need to get numerous jobs done, starting from washing cloth to going to…

This is a concept of fusing multiple technologies for creating new possibilities of Innovation. For example, the fusion of AR, VR, IoT, Computer vision, and other technologies has created Digital…

In technology Innovation discourse, often, we use the term Breakthrough. It may refer to a significant jump in performance improvement of existing technology, or the invention of new technology. For…

Opportunity cost is the forgone benefit that would have been derived by an option not chosen. In the idea economy, it is a vital factor, often, causing devastation. A company…

Science and Engineering graduates can generate and implement ideas for making products better and also cheaper. On the other hand, producers are desperate to leverage it to make more profit.…

We extract Utility from products by deploying them to get our purposes served. We increase the utility of a product by adding new features or improving existing ones. Technology progression…

This is the ability, in the form of data, knowledge, and skill, we earn through experience. In the beginning, tacit capabilities appear to be very difficult to automate.  However, software-centric technology…

These are the abilities we inherit by born. In the four categories, like cognitive, sensory, physical, and psychomotor, we have 52 of them. In performing a task, even a very…

Codified knowledge, and also skill, is documented as a set of variables and the relationships among them, data, rules, procedures, algorithms, and standards. Through formal education and training, we transfer…

Steam engines fuelled innovations during the first industrial revolution. The 2nd industrial revolution is marked with the unfolding of innovations powered by internal combustion engines, electricity, electrical motors, and mass…