ACG – Food Technology

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IMG_4305The Alliance for Corporate Growth hosted their monthly lunch at the Hilton Gallery on April 17th, 2018.   This event was focused on several local companies that specialized in advanced food technologies.  There stories on how they are revolutionizing the food industry and paving the way for an entirely new age of healthy food was inspiring.

Some of the major challenges facing society is the level of overall illness that has been created by the current agriculture and food industries that are more focused on profits than actually on the nutrition and health of their products they are selling to consumers.  Another global challenge is the exponential population growth rates in many countries around the world.   This increase places huge food production and transportation issues for the industry.  One statistic shared stated that in the next 40 years we will have to grow 4000 times the amount of food that we have in the past just to feed the world’s population.  The talk also covered more Trends that are impacting the food industry overall.   Continue reading “ACG – Food Technology”

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2018 Globalization Trends

240_F_6103632_ib328fMRJVHjrJSvj2VORJI21LaeKU1sIn this blog we will take a look at some top trends in globalization that are facing national and corporate strategies.  Globalization had massive momentum before the 2008 economic recession.  While many economies have recovered and are growing there are new forces today that are creating challenges to continued global integration.

Strategic Considerations:

  • The rise of nationalistic goals and causes has created more international tension and is slowing collaboration for united efforts towards shared opportunities and global challenges.
  • Many existing agreements like UK Union (Brexit), Trans-Pacific Partnership (TPP), and North America Free Trade Agreement (NAFDA) are falling apart without a new solution to advance the relationships.
  • Companies are increasing learning of the difficulties to understand localization of new markets, partnerships and navigating foreign policies.  Size alone may not be enough to successful globalize vs. regional relationship and relevance.
  • Population growth in BRIC to ICASA is creating new billion+ people markets and equal number of ecological challenges.  These areas of opportunity will be disrupted by their own sustainability crisis.  Compounding this trends is that the shift to urbanization is no where near complete in these countries and yet their cities and infrastructures are already beyond capacity.
  • Development of the middle class is a global concern for both developed and developing nations.  Economic growth without opportunity for an aspiring middle class has proven to be unsustainable long term.
  • Growing populations have a near term crisis of improving education to make the emerging workforce relevant, as well as, the need to develop new services for their aging populations.
  • Corporate involvement in Social causes and infrastructure will increase in terms of time, investment and focus in all regions.  Stability, prosperity and livability are key to corporate survivability.
  • The competition for natural resources will become ever more at the forefront of all strategies.  Both in securing and security the resources a nation has, but to also secure the relationships and collaborations needed to exchange resources with others.  This also drive innovation in shifting to new forms of sustainability to reduce critical dependencies on current resources.  This will continue to create new opportunities or disruptions for companies that either can or cannot respond to the demand.
  • Last century was dominated by the growth of global vertical players.   Today the rise of horizontal players and integrators will generate new forms of partnerships and disruptions for the classic business models that will reform business ecosystems.
  • The disruptive power of new digital currencies could unseat may traditional financial business models.   It does offer potentially a long term promise of a more integrated and audible world of finance, there is still the shorter term maturation and security issues that economies will have endure if they begin down that path.
  • While trade and migration are under strain,  the rise of data exchange continues to expand exponentially.   This is creating new opportunities to understand the worlds big data insights to make better decisions and investments.
  • The dark side or dark web continues to rise along with the growth of data exchange.  Global investment in securing digital transactions and traceability will be required to maintain stability of markets and economies.

Sources:  Harvard, McKinsey, Inc

 

 

Canada’s Manufacturing Supercluster

waving canada flag

On the heals of the top 9 supercluster proposals.  Ontario has been selected as the location for the Government of Canada’s Advanced Manufacturing Supercluster, which is part of a $748 million Innovation Superclusters Initiative. The supercluster will bring together small, medium-sized and large companies, academic institutions and not-for-profit organizations to generate bold ideas, resulting in new jobs, groundbreaking research and a world-leading innovation economy.
The Advanced Manufacturing Supercluster will develop next-generation manufacturing capabilities, such as advanced robotics and 3D printing. Ultimately, the Advanced Manufacturing Supercluster aims to position Canadian companies to lead industrial digitalization, maximizing competitiveness and participation in global markets.
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(Photo: HE Canadian Press/Todd Korol)
Navdeep Bains, Minister of Innovation, Science and Economic Development,
“The Advanced Manufacturing Supercluster will create new opportunities for all the companies involved, help create more than 13,500 new jobs in Ontario and across Canada, and add more than $13.5 billion [US$10.6 billion] to Canada’s economy over 10 years,” said Gould. “This is great news for Ontario’s economy, for Canadian innovation and for our society.”
Source: SSTi

Mayors Lead in Driving Innovation

United-States-Map-2Calling out a few of over 35 cities that have advanced in the Bloomberg Mayors Challenge, a nationwide competition to create innovative solutions for shared problems faced by municipal governments.  With the struggle of the national administration to drive innovation state governors and city mayors are leading the way.

Austin Texas

In attempting to help the local homeless population, outreach workers in Austin, Texas, often struggle to catalogue, access and share information about individuals they interact with.  Forty-plus nonprofits and 20-some government agencies in Austin lack a central mechanism for accurate data sharing about the homeless individuals they serve.  In addition, to personal documentation such as medical records or even social security cards.  Technology has previously reported. Austin, however, is working on a pilot program that uses blockchain to make it easier for homeless individuals to provide information about themselves. City officials say this is likely a first-of-its-kind use case for blockchain, one with the potential to be scaled to other cities throughout the nation.

Cheyenne, Wyo.

The program that Cheyenne will soon pilot with support from Bloomberg seeks to speed up revitalization of these empty properties by matching their owners with local entrepreneurs in need of work space. City officials in Cheyenne have so far identified 17 vacant commercial buildings and 10 partially full buildings as candidates for the work, which involves creating a new website that would connect the owners and entrepreneurs and also potentially facilitate crowdfunding for their projects. The goal for Cheyenne is to have a pilot version of the site up by July, with a full-version to follow by early 2019.

Grand Rapids, Mich.

Is looking at existing city data to identify gaps in equality in the community, with an ultimate goal of working to facilitate change.  Their project is, in part, a citywide census of community data that has an ultimate goal of creating a mechanism for stakeholders in the city to apply for more grant moneys.   The goal to really work with the different segments of our community that are affected by poverty. We believe that out of this will come some great applications for our businesses to fill out one type of application for all of the funds that are available from nonprofits.

Philadelphia

Is eeking to find child-centered solutions for youth offenders that focus more on service-oriented solutions than on sending them to regular police precincts for booking.
To do this, Philadelphia wants to create a Hub for Juvenile Justice Services, one that would serve as a national model for how children are treated within the criminal justice system. The goal of the hub would be a “24/7 integrated service center that is trauma-informed and technology driven.  Staff at the hub would be trained in how to respond to youth and families, as well as on how to make referrals to prevention or other social service programs when appropriate. It would be a preventative, non-police facility to provide juveniles with both immediate and long-term access to social services and diversion programs.

Louisville, Ky.

Is launching a pilot program that would build on a recently installed gunshot detection system to quickly dispatch aerial drones to potential shootings.  This program, which has already made headlines, would likely be the first of its kind in the country, and it was developed as a collaboration between the city’s Office for Civic Innovation, its police department, and several community partners.  City officials said that through this program aerial drones could help officers investigate incidents by capturing critical evidence at crime scenes before investigators arrive. The mobile nature of the drones would also allay privacy concerns that arise from static cameras.
Source: govtech

Location of Things to reach $71.6B by 2025

 

 

IOTInternet of Things  (IOT) continues to grow rapidly enabled by the internet, cloud computing, sensors, and cell phones.   A rapidly growing subcategory is the Location of Things (LOT) with is expected to reach $71.6B by 2025.   LOT is focused on connected devices enables connected devices to communicate their geographic location.   This is creating new forms of big data and analytics that many companies are eager to collect and leverage. North America and Europe accounted for the majority share in the location of things markets today but Asia is growing rapidly.
Source: Research and Markets

Wyoming is planning economic growth

United-States-Map-2Wyoming is out of the gate early in 2018 with economic growth planning.  This is one of the first stories of momentum in 2018.  Lead by states that have put several years into dedicated long-term planning and can effectively engage their legislatures for state-level funding.   The next race is for 2018 Federal dollars and that race has already begun several years ago with states getting repeated grants for the development of innovation ecosystems and cluster development.   Those states are also seeming to fair better in winning the development of federal research labs and the research grants that support them long term.

Wyoming: Governor Matt Mead
Has prioritized diversification strategies to grow the state’s economy by funding $1M to form ENDOW (Economically Needed Diversity Options for Wyoming) was created late in 2016, as a dedicated team that built plan and the request for $37M plan for 2018-2019 (receiving $36M)
  • $36M in statewide programs to support tech-based development, which includes:
    • $6M million for Research and Innovation Fund that provides matching funds as a way to leverage federal R&D opportunities
    • $15M to expand the commercial air service
    • $10M to improve the state’s access to broadband
    • $5M to develop a new organization called Startup:Wyoming, which would administer a Fund and provide support to entrepreneurs throughout the state.
  • Other areas of recommendations outside the funding above include:
    • $20M in seed money for the Startup:Wyoming Fund to invest in promising technology startups and to attract startups from other states.
    • STEM & Computer Science for higher education prep.
    • Research and development in high-growth, high-potential industries, such as block chain, vertical takeoff and landing technology, and wind energy.
    • Workforce Training in high-potential industries.

 

source: STTi