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Meet Innovation and Trends Speaker Michael Tchong
Michael is author of “Ubertrends — How Trends And Innovation Are Transforming Our Future,” entrepreneur, futurist and adjunct professor. For more information on Michael’s top-rated and globally renowned speaking services or “Ubertrends” book, click buttons below or call 800-WAY-COOL.
What is innovation?
The Nest Learning Thermostat represents disruptive innovation. It overcomes the pain point of traditional thermostats that many fight over by being “smart” and saving money.
What is incremental innovation?
Incremental, or “efficiency,” innovations seek to produce the same product or service more cheaply or efficiently and are the most popular type of innovation. Starship robots can make deliveries more consistently and cost-effectively.
What is orthogonal innovation?
The Sharpty Inverted Umbrella is a perfect example of a “think different,” or orthogonal, innovation. The Sharpty closes in the opposite direction, allowing water to be captured instead of dripping on you.
Another “think different” example
The Celebrity Edge’s Magic Carpet is an orthogonal, or “think different,” innovation. Its elevator platform boards many passengers at once while also serving as a restaurant.
What is disruptive innovation?
Disruptive innovations are those rare inventions that change the way the world works, disrupting industries. Apple will sell more watches in 2019 than the entire Swiss watch industry combined.
Recent Innovations and Trends
The Wall Street Journal reports that purveyors of meat-free burgers are struggling to meet demand from fast food chains. Both Beyond Meat and Impossible Foods are disrupting the food business, with their realistic looking fake meats, which even “bleed” like real beef.
Uber has unveiled its latest skyport designs for Uber Air, its vision of the future transportation. At an industry gathering of industry experts, aviation regulators and potential partners in Los Angeles, Uber painted an optimistic vision for its lofty ambition of creating a commercial network of flying cars, by 2023. Uber may be presenting an overly optimistic scenario, but the fact remains that our current system of mass transit is in dire shape and in need of disruptive innovation. The above skyport design is by Humphreys & Partners mimics nature with a “beehive” design (above)...
Small enough to hold in your hands. Rolls-Royce envisions a future where tiny engine maintenance robots, measuring just 10mm in diameter, will go inside an engine, sending live video back to the mechanics and speeding up inspections. Developed in collaboration with the University of Nottingham and Harvard University, they’re appropriately dubbed swarm robots. Read more: Rolls-Royce Engine Maintenance Robots
Skydio has launched a new version of its Skydio drone and it’s a revolutionary innovation, complete with its own “launch box.” One YouTuber, bakerXderek, rendered this verdict, “flying has never been this easy.”
Celebrity Edge was named the best new cruise ship of 2018. That award was due to a raft of innovations and new features, including “Magic Carpet” — a deck that moves up and down the side of the ship along a vertical track and multitasks as a boarding platform, restaurant with amazing views, or pool area extension.
On June 8, International Monetary Fund Managing Director Christine Lagarde warned that the growing presence of tech players leveraging big data and artificial intelligence technology could significantly disrupt the world’s financial system.
Marlborough, Mass.-based ReWalk Robotics has received clearance from Food and Drug Administration for the company’s ReStore soft exo-suit system designed for U.S. rehabilitation centers. ReStore is the only soft exo-suit with FDA clearance, and is intended for use in the treatment of stroke survivors with mobility challenges.
In April, Alphabet’s Wing became the first drone delivery company to gain Federal Aviation Administration approval to make commercial U.S. deliveries. Just five years ago, 63% of Americans thought it would be a “change for the worse” if commercial drones were given permission to fly through most U.S. airspace.
Scooter-sharing company Bird will offer an electric moped in select markets this summer, called the “Cruiser,” the first to include a seat. Mopeds can be used like a bike, with the electric motor offering assistance to make pedaling easier, or as a motorcycle with feet on the pegs.
Dutch airline KLM, working with researchers at Delft University of Technology in the Netherlands, has launched the Flying V jet concept, named after an iconic Gibson guitar featuring a similar shape.
See what tens of thousands of attendees have been raving about, on video. Visit Michael Tchong’s new YouTube channel:
At https://www.youtube.com/c/MichaelTchong you will find innovation, trends and tool tips.