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Ultra-precise atomic clocks are now able to measure these tiny changes, known as time dilation. It's a technological advance that could revolutionize our understanding of time.
As businesses and organisations look towards the post-pandemic era, what lessons can be learned about innovation?
Norway has come up with a clever, broad-view solution for its fleet of taxis, called ‘ElectriCity’. In the future, it might take in far more vehicles, too. -from Tech Vision
The global auto and mobility market is worth about $10 trillion compared with the $715 billion smartphone market. -from CNBC
Have you ever wondered why houses in the U.S. seem so much less sturdy than houses elsewhere?
System can propel passenger or cargo pods at speeds of over 1000 km/h (623 miles per hour). That is 3x faster than high-speed rail and more than 10x faster than traditional rail.
Almost a decade on, the second generation has arrived, and it’s outrageously ‘Tesla.’ -from Tech Vision
If you could make a hands-free shoe, how would you do it? This simple question is where the Nike Go FlyEase design team started.
Air Force One is tricked out with all the latest defensive gizmos, is a flying embassy, projecting American confidence and authority around the world. -from Tech Vision
The WT2 Edge, supposedly the world's first bi-directional translation earbuds, can translate 40 languages and 93 accents in real-time. -from Mashable
At this year's virtual tech megashow, gadgets to protect you from Covid-19 are all the rage. But do you need a connected mask and a personal air purifier?
Previously on the brink of bankruptcy, Chinese electric vehicle manufacturer Nio is now on track to be one of the biggest EV companies in China, trumping all but Tesla… for now. -from Tech Vision
Now, thanks to a new crop of eager, well-funded startups, those visions may finally become a reality, and soon appear over a city near you. -from Bloomberg Quicktake
CES 2021 might be a virtual show this year, but that doesn’t mean the tech is any less exciting. From flying cars to transparent TVs, here’s the best stuff you need to know from the show. -from CNET
Eight million data centres around the world are processing our entire online lives thousands of times a second, but Microsoft may have just rewritten this growing industry. -from Tech Vision
Despite the challenges of 2020, the world looks set to bounce back with some incredible construction projects. These are the 21 schemes to keep your eyes on in 2021. -from The B1M
This year had its challenges—but you can't stop this train. A global #GoProFamily met adversity with creativity, resilience, + unity.
The journey to see future technology starts in 2022, when Elon Musk and SpaceX send the first Starship to Mars - beginning the preparations for the arrival of the first human explorers.
There are about 40 different car brands in the United States, but one kind of car that appears to be disappearing is the cheap car. -from CNBC
Automation is widespread, sustainability is critical, carbon emissions are heavily restricted and our buildings are made in factories. Welcome to the construction industry of 2030. -from The B1M
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"Die of Success? Give me a break. We've only just started." - Amancio Ortega, Zara's Founder
Continuing our global journey to learn something new our next stop is the retailer Zara. As of January 2023, the Inditex group which includes Zara operated nearly 6,000 stores worldwide.
In 1963, Amancio Ortega opened Confecciones GOA, a small dressmaking workshop in La Coruna in Galicia, Spain. Zara was born in 1975 and originally it was called Zorba, an inspiration from Amancio’s favorite movie ‘Zorba the Greek’. Turns out a bar nearby already had taken the Zorba name.
The Inditex Group was born in 1985 as a holding group to bring multiple companies, including Zara under one banner. Inditex actually stands for ‘Industria de Diseño Textil’.
Zara’s designers create 40,000 new designs annually, out of which up to 12,000 go into production. From the design stage to production, distribution, and appearing for sale in a Zara store, it takes up to 15 days (industry average is 4 to 6 months). Annually, the company produces 500 million pieces of clothing.
Most global fashion brands pump 3% to 7% of their revenues into advertising. For Zara, the advertising budget is 0.3% and most of it is used on store displays. 85% of the clothes are sold at full price.
La Coruna and visiting Inditex stores throughout the world such as this Zara in Milan was one of my favorite retail activities. Their focus on innovation and continuous improvement have also been a core inspiration to my career. As the opening quote from Amancio reminds us, if you truly enjoy what you are doing, every day, you are just getting started.
Retail's AI Revolution
The overall economic AI impact worldwide through 2029 will be $9.2 trillion USD. This impact will vary dramatically by region, by tier, by retail segments, and by solutions. AI/ML has the potential to greatly enhance retail operations by analyzing customer data, providing personalized recommendations, optimizing inventory management, and automating customer service, but implementing these technologies can be challenging and requires extensive data cleansing and tagging. - From IHL Group Read more
How Generative AI is Being Used to Change the World of Marketing
77% of companies are exploring Artificial Intelligence, including Generative AI. This innovative technology involves algorithms fed into existing content to create iterations with new content, including audio, code, text, pictures, video, and simulations. The goal is to 'teach' machine learning systems to 'artificially think' and create innovative content. - From Techaeris
Apple vs. Samsung’s Strategies to Move Manufacturing Away From China | WSJ
China has long been the manufacturing hub for tech giants like Apple and Samsung. But now, a range of geopolitical factors are pushing technology companies to spend billions to relocate their operations to places like India, Vietnam and Latin America. Read more
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