George C. Dimitriou

Technology and Strategy Consulting

Archive for the ‘Innovation’

IBM’s Next Five in Five.

November 26, 2008 By: George Category: Innovation, Trends No Comments →

IBM revealed the third annual “IBM Next Five in Five”, a list of innovations that have the potential to change the way people work, live and play over the next five years:

  • Energy saving solar technology will be built into asphalt, paint and windows
  • You will have a crystal ball for your health
  • You will talk to the Web . . . and the Web will talk back
  • You will have your own digital shopping assistants
  • Forgetting will become a distant memory

The Next Five in Five is based on market and societal trends expected to transform our lives, as well as emerging technologies from IBM’s Labs around the world that can make these innovations possible.

Read more here

How Intellectual Capital Creates Value.

August 04, 2008 By: George Category: Innovation, Trends No Comments →

DB Research issued the following publication “How intellectual capital creates value – towards the strategic management of intangibles“– which is available at their website.

“Companies need to treat their intellectual capital more systematically. These days, assets such as skills, innovativeness and customer relationships give businesses their competitive edge. Intellectual capital reports can help to record this type of capital in structured form – and to manage it strategically. Vital to the development of a useful intellectual capital report is in-house cooperation across individual divisions and functions. Moreover, companies, the capital market and standard setters must join forces to achieve standardisation. Intellectual capital reporting is worthwhile, but it takes commitment.”

Office of Technology Assessment Archive.

July 23, 2008 By: George Category: Innovation No Comments →

Today the Federation of American Scientists (FAS) launched the Office of Technology Assessment Archive,  The site allows the public to access over 720 reports and documents produced by OTA during its 23 year history, including many that have not been available to the public previously. OTA served as an independent branch of the U.S. Congress that provided nonpartisan science and technology advice from 1972 until it was defunded and forced to close in 1995.

“The OTA was an invaluable resource that informed Congress about an incredibly broad range of science and technology issues,” said Henry Kelly, President of the Federation of American Scientists and a former OTA staff member. “Numerous reports, on subjects such as transportation, energy, health care, and information technology remain relevant more than 10 years after OTA issued its final report.”

The OTA Archive will track efforts to bring it back and will highlight items not previously available to the public in a “Document of the Day” feature. The website also includes a new search engine that allows users to quickly and easily find specific content in OTA reports.

Visit the Office of Technology Assessment Archive at

Central and Eastern Europe Must Boost Home-Grown Innovation, says EIU.

July 18, 2008 By: George Category: Innovation, Trends No Comments →

A major new Economist Intelligence Unit survey of 12 Central and Eastern European countries has revealed that the region is underperforming in terms of innovation – and risks compromising five years of economic growth as its status as a low-cost labor base begins to erode.

The survey, entitled “A Time for New Ideas: Innovation in Central Eastern Europe”, examines current and future innovation performance and the overall ‘innovation environment’ in 12 countries: Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Russia, Slovakia, Slovenia and Ukraine. It is based on three main components: a survey of 370 executives carried out in spring 2008; the Economist Intelligence Unit’s own innovation model; and 20 in-depth interviews with C-level executives, consultants and other experts working in the region.


The EIT : Transforming Innovative Ideas into Reality.

June 30, 2008 By: George Category: Innovation, Trends No Comments →

The European Institute of Innovation and Technology (EIT) is a new initiative which aims to become a flagship for excellence in European innovation in order to face the challenges of globalization.

The EIT is the first European initiative to integrate fully the three sides of the “Knowledge Triangle” (Higher Education, Research, Business-Innovation) and will seek to stand out as a world-class innovation-orientated reference model, inspiring and driving change in existing education and research institutions.


Innovator to Watch: Meraki.

June 14, 2008 By: George Category: Digital World, Innovation, Trends No Comments →

Meraki of Mountain View, CA intends to bring affordable Internet connectivity to the billions of people who do not have easy access to traditional wired infrastructure. While working on the One Laptop Per Child project, the team learned that of the 800 million personal computers in use, only 300 million are connected to the Internet because of high costs or lack of broadband deployment. They saw this as an opportunity to create a wireless Internet using self-configuring, inexpensive mesh networking hardware.

The Meraki technology is built on tried-and-true WiFi. The software allows a single 802.11g radio chipset, the kind found in common home-based wireless routers, to simultaneously connect as both a host and client.


40% of Global R&D Spending is done by the U.S.A

June 13, 2008 By: George Category: Innovation, Trends No Comments →

According to a study released Thursday by the nonprofit think tank Rand, the U.S.A accounts for 40% of all scientific R&D spending in the world, employs 70% of the world’s Nobel Prize winners, houses 75% of the world’s top 40 universities and 70% of foreign scientists and engineers who received PhD’s from U.S. universities remained in U.S.A after receiving their degree.

In order to maintain this lead, Rand issued several recommendations:

• Establish a permanent commitment to fund a chartered body that would periodically monitor and analyze U.S. science and technology performance and the condition of the nation’s science and engineering workforce.

• Make it easier for foreigners who have graduated from U.S. universities with science and engineering degrees to stay indefinitely in the U.S.

• Make it easier for highly skilled labor to immigrate to the U.S. to ensure the benefits of expanded innovation are captured in the U.S. and to help the U.S. remain competitive in research and innovation.

• Increase the United States’ capacity to learn from science centers in Europe, Japan, China, India, and other countries.