9 Disruptive Technologies Changing The World – Webinar Dec 9th, 2014 (Full Video)

good afternoon everyone and welcome to the pre scatter webinar series my name is Ashish basser a chief scientist at pre scatter today's webinar will cover nine disruptive technologies that will change the world by 2025 the presentation will run for about 45 minutes followed by a question and answers forum you may type your questions into the chat panel on the join me screen sharing toolbar which should be located at the top of your screen this webinar is an abridged version of topics covered in the full report the full report is available to you free of charge if you would like a copy of this report please email webinar at pre scatter comm let's begin the world is changing at an ever-growing rate many businesses struggle to stay abreast of relevant or even disruptive technologies sometimes before it's too late too famous case studies include rand mcnally a cartography company that was founded in 1856 while the Ottoman Empire was still a global powerhouse even though they were experts in their domain rand mcnally failed to predict the importance of the global positioning satellite network being built out in the last half of the 20th century new companies that leveraged the new GPS technology like Garmin and MapQuest created a disruptive leap in technology so vast that rand mcnally was not able to innovate fast enough and therefore in 2003 read and McNally was forced to file for bankruptcy another another company that we probably all used growing up Encyclopedia Britannica suffered a similar fate Encyclopedia Britannica was so old that it was present during the American Revolution through two world wars they documented man's first steps on the moon and Witte witnessed the rise of the Internet sadly the internet would be encyclopedia Britannica's downfall in 2012 with wikipedia leveraging the democratization of information to provide a completely disruptive approach to knowledge transfer these two examples as well as many others illustrate how innovation is not linear disruptive technologies are hard to identify and competition for business is not always where you might expect it these two examples as well as many others illustrate how innovation is not linear disruptive technologies are hard to identify and competition for business is not always where you might expect it helping companies is at the core of pre scatters mission we help companies like yours by providing data-driven intelligence and insights helping solve your innovation goals whether they be near term objectives or long range targets we have worked with over 130 fortune 500 sized companies to solve over 400 projects by working to answer questions about technology connecting our clients to promising technology providers and identifying disruptive technologies before they become a threat to our clients allow me to briefly illustrate how the pre scattered process operates as it's as simple as one two three first you identify an innovation need or something that you would like to learn more about say for example how a disruptive technology might impact your business you will fill out a very simple statement of work outlining basically four questions after that the pre scattered assembles a team of scholars usually recruited from Tier one research institutions globally these scholars are all under non-disclosure agreements with our clients and these scholars use a combination of their own human intelligence networks as well as proprietary software developed at pre scatter to scan the entire globe based on methodologies employed by NASA and the Department of Defense to name a few after after several stage gated meetings with you and your team we deliver a report of curated information addressing your statement of work on average our clients find that there's between 75 and 80 percent new and relevant information which allows them to make informed decisions and take action on those decisions if you have any questions regarding how pre scatter operates please feel free to contact me at any point and now on to today's presentation our first speaker will be Charlie Wright he will be talking about advanced energy big data and the Internet of Things a little background on Charlie Charlie attended Vanderbilt for his undergraduate education where he majored in physics molecular and cell biology as well as Spanish Charlie is currently a PhD candidate at the University of Chicago where he is researching the utilization of computation to elucidate the stochastic behavior of individual organisms including the complex realm of biological regulation processes Charlie joined pre scatter just over half a year ago and has work on projects ranging from micro fluidics to market analysis of industrial manufacturing techniques for oil and gas operations without further ado I will turn it over to you Charlie thank you sheesh the first topic I'll be talking to you about today are advanced energy technologies the world uses a massive amount of energy at present over 156 billion megawatt hours every year this is about 26 times the annual oil output of Saudi Arabia in this number is expected to grow but over 50% between now and 2014 this massive growth is fueling increasing uncertainty over the future of our global energy usage but today I'll talk to you about a few technologies that will alleviate these concerns and will allow us to reliably meet our future energy targets the first example is solar power the 2014 solar comprises less than 1% of global energy production so doesn't seem like such a big deal however if we look back over the last decade we see that the global use of solar has been rising exponentially because this trend is expected to continue into the near future it's anticipated that solar will become the largest single source of global energy production by 2050 one of the major drivers behind this trend has been the precipitous drop in prices of photovoltaic modules down from about 77 dollars per watt in 1977 to just 36 cents per watt at present by 2016 it's expected that all 50 states in the US will have achieved grid parity now these numbers are just for traditional in organic solar cells but there are even newer technologies that will make solar more affordable and accessible for example organic photovoltaic cells also known as plastic solar cells one prominent example comes from the National Physical Laboratory in the United Kingdom where scientists have recently demonstrated 3d print of solar cells that work best when it's cloudy outside because these cells are so cheap to manufacture and are easily customizable it's expected that we'll see widespread commercial uptake of them within the next five now imagine if you could have a completely invisible unobtrusive solar cell this is in fact already reality the startup ubiquitous energy has come out with a film coating that can be applied to any glass surface to generate electricity sort of in the same way that we already apply coatings to our windows to cut down on climate control costs although these although these transparent solar cells are less efficient than traditional silicon cells they could be put into all sorts of new places because you don't even know they're there so if you consider that about 2/3 of the surface area in the skyscraper is made of glass you could coat every window in a high-rise office building and in this way generate over a quarter of your buildings electricity just from solar windows one of the major barriers to the widespread uptake of renewable energy resources has traditionally been the discrepancy between the times that the energy is generated and the times that people actually want to use it one way to address this issue is through advanced energy storage and recaptured technologies lacell energy has demonstrated a technology that can capture thermal energy from compressed air which would otherwise go to waste so how this works is during off-peak hours the device charges and during off-peak hours it discharges either back into the electric grid or into the building's heating system with over 90% round-trips thermal efficiency lifestyle has already raised over 937 million dollars and they are expecting that their next generation product will become the first energy storage system that can out-compete gas peaker plants an alternative approach is the distributed storage of electricity and electric vehicles scientists at the University of Delaware have teamed up with a local electricity utility in a pilot program where they outfitted nine mini coopers with two-way electric chargers and hooked them up to the grid and a sort of mini power plants so the battery of each car is charged during off-peak hours and then discharges back into the grid during on peak hours assuming that wouldn't deplete the cars battery because each of these vehicles can put out the average draw of ten houses scientists estimate that they could generate over $100 per month of profits per car which would easily allow this technology to pay for itself so far I've focused on solar energy generating power by capturing solar power but what if we could tap into the same source of energy as the Sun itself this is the promise of nuclear fusion which has long been thought something we wouldn't see in our lifetimes but recently Lockheed Martin announced a compact so-called high beta fusion reactor they are anticipating to have a prototype by 2017 and a fully functional power plant by 2022 because this design is so compact just about 2 by 4 meters and uses raw input materials that are cheap Wiley available and safe it would find the widespread uptake for distributed power generation in developing nations meaning that these high beta fusion reactors can meet base load global electricity demand in three decades the combination of technologies that I've talked to you about today's webinar and others which you will find in the report will change the way we think about and use our energy resources in coming years we should expect to see a transition away from the 20th century model of the electric grid that was dominated by large centralized utilities towards a network of an independent clean local generators of energy an essence a democratization of our energy resources one of the trends that will enable this smart energy grid is advanced analytics also known as Big Data the total amount of data available is growing at an exponential rate to put things into perspective here are a few examples of data sources of various sizes starting with the complete works of Shakespeare at a few megabytes we move up a thousandfold to all of the compositions of Beethoven and audio then another thousandfold we would arrive at all the printed material in the US Library of Congress jumping up by factor of 1 million we would reach the exabyte regime it's estimated that all the words ever spoken by human beings would total to about 5 exabytes a 2007 our digital universe was 300 exabytes in size the number grew by a factor of 10 to about 4.4 Zeta bytes in 2013 and is expected to grow by another factor of 10 to 2020 but differently over 90% of available data has been generated just in the last two years one of the one of the areas areas where big data has already been used is to generate new insights and a great example comes from healthcare project Artemis is a joint venture between IBM the University of Ontario Institute of Technology and the Toronto Hospital for Sick Children doctors have build a technology that can Kord and analyze vital statistics from premature infants in real-time in such cases infections are leading cause of death project artemis can alert hospital staff to infections up to 24 hours earlier that's allowing them more time to administer life-saving treatments aside from saving lives it's estimated that big data could provide about 300 billion dollars of value each year to the US healthcare system another way in which big data can provide value is by improving efficiencies u.s. manufacturers spend over 200 billion dollars every year powering their plants what if they could drastically reduce this number using big data how this could be accomplished comes from Western Canada where pulp mill has used data analytics to predict system load changes and account for them before they occur this has resulted in almost seven million dollars in net annual savings coming from decreased fossil fuel costs and imported electric power one of the challenges in dealing with the best new amounts of data is the fact that much of the data that's coming online at present is unstructured for example human speech IBM Watson is a platform that excels at natural human language processing it made headlines in 2011 when it beeped to to human jeopardy champions and it's now available as IBM Watson analytics this platform delivers sulfa self-service analytics for business with the goal of automating steps such as data collection processing and visualization to reduce barriers to using big data in business in the report you'll find other examples of where big data has already been used ranging from GM car dealerships and smart missile factory to the Pampers website and Barnes & Noble book stores as we open up new data sources and find novel uses for existing data data will become increasingly commodified nine out of ten executives feel that their decisions would have been improved had all relevant information been available big data will make this goal a reality enabling truly data-driven decision-making in business one of the major sources of new data will be machine to machine interactions which are one facet of the Internet of Things this refers to connected or smart devices that can sense information about their their external environments and communicate both with each other and with the Internet the traditional internet about five years ago the number of connected devices surpassed the number of people on the planet I president there are about three smart devices per person and by twenty to twenty twenty-two it's estimated that there will be about eight per person generating over fourteen trillion dollars in value which will come from for example improve customer experiences reductions of the time to market decreased supply chain waste coupled with better asset utilization in labour efficiencies one of the earliest examples of the Internet of Things comes from the house smart things was recently acquired by Samsung and they provide a line of connected devices and sensors for the home environment that can communicate information to and be remotely controlled by a smartphone app this would allow you to for example turn off your oven after you left the house or toggle your lights while you're away on vacation or receive a notification whenever your children get home from school now imagine if you could apply that same level of knowledge to the factory floor this is the promise of a smart factory where for example you could monitor a piece of raw material as it moves through the factory and out the door Intel has already built such a factory using its gateway solutions devices which connect legacy unconnected devices to the cloud they've seen over nine million dollars in cost savings resulting from decrease component failures and energy costs coupled with increased equipment uptime and productivity of the Internet of Things will be smart marketing which will allow enhanced interactions with customers by for example delivering personalized or spatially targeted advertisements or predicting when a customer needs service another example which you will find in the report is transportation the US Department of Transportation is already working on steps to build a smart infrastructure that would allow vehicles to communicate with passenger or pedestrians cell phones and with other connected devices in the infrastructure to reduce traffic congestion and accidents the trend in each of these instances of the Internet of Things is towards dramatically increased connectivity at the home on the road in the office and on the factory floor the Internet of Things will lead to dramatic improvements in operations and efficiency resulting from a detailed knowledge of one's physical environment Thank You charlie our next speaker is dr. Patricia Rupert Mason Patricia attained her bachelor's degree in bioengineering at Rice University she then went on to complete her PhD in chemical engineering from the University of Wisconsin at Madison where she researched computational modeling to determine mechanisms for chemical reactions on catalytic surfaces Patricia joined pre scatter about nine months ago and has worked on a variety of projects ranging from crystallization techniques for industrial applications through advanced oil and gas technologies to novel methods to train populations in developing regions of the world without further ado I will turn it over to you Tricia thanks Ashish the Internet of Things needs lots of low cost sensors and one of the technologies that can provide this is micro electromechanical systems also known as men so what are men MEMS are tiny mechanical devices produced using integrated circuit technology allows the creation of low-cost miniaturized sensors and actuators which consume very little power as a result members are becoming increasingly ubiquitous for instance a typical late model car includes over 50 MEMS devices including silicon nozzles for fuel injection Salameh nerves for air tags throughout the deployment microphones for noise cancellation exhaust gas sensors and more overall the automotive market with MEMS devices is 2.6 billion dollars in 2013 as its 2000 seven with the introduction of the iPhone mobile computing has been a major driver of the men's market as well applications include accelerometers gyroscopes pressure sensors microscope phone autofocus and there are many more still to come some of which are shown in this figure now one of the new applications of MEMS sensors his mum's gas senses the buildup of combustible gases on oil and gas platforms is a critical issue that can lead to explosion consequences the gas sensors are extensions but the installation of wired sensors time-consuming and expensive the European Space Agency and syntax have developed a smoke tiny them MEMS sensors which use performing infrared spectroscopy on a chip it uses only five milliwatts compared to three to six blocks for the systems currently in use this allows it to be truly wireless with two year battery life so it can be installed exactly where it's needed the 90 to 95 percent reduction in installation time and 80% total cost savings has been observed in early installations moreover these sensors are tunable allowing them they applied to other applications such as alkyl ox preventing drunk driving air quality market monitoring perhaps even co2 sensors in food packaging this and other known sensors such as D cheap TC on a chip open up a two billion dollar gas detection market to member sensors which is only likely to grow with the introduction of these low-cost will power sensors MEMS are applicable to the medical market as well five point 1 million people suffer from heart failure in the US and current monitoring methods are generally inadequate with over 50% of patients being readmitted to the hospital within six months party amounts has developed an implantable sensor for heart failure patients with no leads and no batteries in Claysville trial patients experience a 37 to tes reduction in hospitalizations and improve quality of life this could save six billion dollars annually with a healthcare system as a result cardio MEMS was required for 435 million dollars through 2014 I think use medical and they anticipate 259 million dollars in annual sales by 2018 other applications discussed in the report include micro fluidics and energy harnesses over time MEMS devices have shrunk steadily starting with microchips machines in the 1960s which were millimeter scale today MEMS devices are moving towards the nanometer scale at the same time the number of functions available in MEMS devices has increased as of 2012 there were only 10 in basic MEMS functions in large-scale productions but many more in various stages of development thousands of corpses have been demonstrated and a hundred of those could hit large-scale production in the next 20 years the cost has dropped dramatically as well for instance accelerometers cost $5 each in 1990 but today cost less than $1 all of this has led to note sustained and rapid growth today nemesis constitutes an eight billion dollar industry with over six billion units sold in the market intends to grow with a projected 14 percent compounded annual growth rates in Munich Souls from 2015 to 2018 from healthcare automotive peer mobile forests tiny low-cost MEMS sensors are allowing objects to respond to their environment in new ways and ever lower costs even smaller than menace of Isis our nanomaterials nanomaterials are characterized by at least one dimension between 1 and 100 minimis palpable miraculous scale and a thousand times smaller than human hair at this scale materials developed unique properties distinct from what exists in the bulk at the surface properties dominate both rock history what we can create has been limited by the Tyrion's of it so much so that we characterize society by the advanced materials they use manages here is our new class of materials which like practice for them open up new technological possibilities most of the materials on the market today are zero dimensions such as nanoparticles and quantum box but higher dimensional nanomaterials are increasingly becoming commercially available for instance carbon nanotubes carbon nanotubes are tiny to whose carbon like the role of chicken they are the strongest and citizen stiffness materials yet discovered 100 times stronger than stainless steel and they also have exceptional electrical properties they can transmit a thousand times more electricity per unit area than covers their electrical properties are tunable however the economical production of commercial quantities of high quality carbon nanotubes his long food challenges but this barrier is starting to fall in 2011 researchers at Rice University developed the wave that's been a threat out of carbon nanotubes now converts an electrical cable is made of carbon nanotubes are commercially available under the trade name white wire we are a direct replacement for copper cable in all applications however there 80 percent lighter 20 percent stronger non-corrosive leading to longer service life they're hydrophobic so ice won't form on them and expect two-thirds less when here which means that for instance high-voltage power cases and stretch left and not what weather spied all these advantages light wire is comparable to copper in both price and its basic electrical properties yet light wires electrical properties can actually be improved exponentially with increasing frequency allowing even greater gains light wires improved transmission properties and reduced weight to provide significant energy sizing for instance in the power grid it can reduce transmission losses by up to 60% and a 777 with white wire instead of copper as for electrical cut conductors way over 4,000 pounds less as a result Weatherford international recently signed an agreement be the exclusive distributor of light wire for the oil and gas industry and they project 350 million dollars in annual sales in this industry among other nanomaterials covered in the report includes self-assembled monolayers graphene and aerogels with innovative production techniques and innovations and applications the nanomaterials market it's significant and growing considering carbon nanotube you alone production camp capacity has been growing over 32 percent annually with the project's projected capacity of nearly 13,000 megatons in 26p the growth of native materials will create new possibilities and make it rough existing markets for medicine aerospace transportation energy and person electronics nanomaterials will affect virtually every area of our lives what we can make is limited not only by the materials we have available but also by the manufacturing tools and techniques we have a good 3d printing is a new manufacturing tool which can make new things possible and which may disrupt the existing business system so what exactly even 3d printing 3d printing also known as additive manufacturing with a class of technologies which produce 3d objects from digital CAD files by building them up one in layer at a time 3d printing has been widely used for rapid prototype prototyping and innocence capacity and is revolutionize the design process for many companies however it's now capable of much more it is now possible to produce finished parts and products in a wide range of material including plastic ceramic metal and even food 3d printing is now a viable manufacturing to its distinct advantages and disadvantages compared to traditional stores two of major barriers for the production of by 3d printing I've been product quality and production speeds so the case studies show that these barriers are 13 default the first company I would like to talk to you about today is Aerojet Rocketdyne in June of 2014 a test fired a phantom rocket languages engine entirely produced using 3d printing now 3d printing have some special qualities and one of those is that with 3d printing unlike traditional manufacturing techniques complexity is free this means you can omit unnecessary material and you may be able to make complicated assemblies as a same single item for instance in the case of the rocket it was printed in three parts regimented up to the dozens typically used this reduced the time for design and construction a couple of months and over a year and reduced the cost 65% as a result Aerojet Rocketdyne has received eleven point seven five million dollar contracts the airport for the development and demonstrations of large-scale manufacturing using 3d printing techniques now the other company I'm going to talk to you about today is one I'm sure you all know which is Google's mobile Evernote they plan to start producing custom modular smartphones in 2015 you'll be able to specify the books and functionality of your phone and upgrade individual components over time for instance you couldn't replace the count now to make this possible they need to be able to produce custom smartphone bodies at industrial scale so they've partnered with 3d systems one of the leaders in 3d printing technology 3d systems has developed a 3d printing production line which is 50 times faster than previous 3d printing system achieving speeds comparable to injection this next 3d printing a viable mass production technologies not just for smartphones but for other consumers as well and enables mass customization and just in time hi Lawton manufactures other topics covered in the report with fda-approved implanted medical devices produced using 3d printed fire fitted tissues and their applications in broadcasting and 3d printed food which is spectacular to look at now one of the other special properties of 3d printing is flattened to come means to escape with 3d printing there are no tooling costs so it's possible to make 100 or a million items of a product at a similar of per unit cost mix lowers the common item which must be customized such as dental crowns and hearing aid shell most of which are already produced using 3d printing technology it also allows the inexpensive customization of mass-produced items such as cell phones other impacts include speeding the innovation cycle and lowering barriers to entry into markets which can be good or bad depending on whether you're the person already in that market finally the flattened economies of scale change the logistics equation if it costs the same to make a few of an item as very many it may no longer make sense to produce all of your products in one central Factory and ship it all over the world rather you may want to have many this production center which then which are located close to your customers 3d printing has grown dramatically and that trend will only accelerate with increasing production speeds the 3d printing market was worth 3.1 billion dollars in 2013 up 35 percent from the previous year and sales volumes are growing even more dramatically 9800 industrial and 56,000 can summer and Enterprise printers were sold in 2013 and those sales are expected to increase by as much as 100 percent in in coming years we're changing how we make things 3d printing creates new possibilities for what we can make and meanwhile flatten economies of scale may disrupt existing business models and businesses to Trisha our last speaker today will be dr. a Buddha who will be covering automation and at artificial intelligence terahertz wave technologies and biotechnology a key received her Bachelors of Science in biology from Cornell University she then attended Northwestern University for her PhD in biomedical sciences from the Department of Dermatology Aki's research focused on molecular mechanisms of immune cell biology and autoimmune diseases to treat ailments ranging from rheumatoid arthritis to crohn's disease a key joint free scatter over two years ago and has worked on a wide variety of projects a few highlights include water purification technology advanced bio therapeutics and even advances in CPG based products a key the floor is yours Thank You Ashish Life 3d printing automation and artificial intelligence is a disruptive force that encompasses a large large range of technologies however there is a unifying essence to these technologies which is that they extend human ability in order to create new products and applications by integrating big data new materials and powerful sensors automation and artificial intelligence facilitates communication between humans and the world around them thereby increasing productivity understanding and profits I think that everyone is familiar with this webpage when you log into your amazon.com account you are greeted by name and then given an array of products that you might want to purchase based on your previous purchase history studies show that consumers really enjoy this 80% of them prefer personalized shopping experience and as a consequence Amazon profits increased by 29% or a whopping three point seven billion dollars within the first year after the introduction of their personalized recommendation platform but what if you want to sell not just a book but your entire brand this requires a much more thorough understanding of your consumer base which kind of difficult in the past but now with all the information that consumers provide through social networking as well as their internet presence it's possible to create interest graphs such as this one for example these two graphs show the consumer base of whole foods versus Taco Bell some of the results are to be expected such as the fact that Whole Foods consumers enjoy healthy living and our foodies while Taco Bell consumers are financially focused however there are some unexpected revelations that can be taken from these inches graphs such as the fact that Taco Bell consumers are avid gamers who love football while Whole Foods consumers prefer hockey the company that's producing these interests craft is called gravity by taking the information that consumers implicitly provide through their internet presence their social media presence and pairing that with real-time filters and advanced artificial intelligence they're able to personalize both the web experience for consumers as well as the marketing for companies they've personalized more than 1 billion page views a month and in this way they've increased consumer engagement by two hundred and forty percent over non personalized sites they were named the 2014 most disruptive publishing technology and were acquired by AOL in 2014 for ninety point seven million dollars companies that utilize this type of research could potentially eliminate focus groups market research in the surveys that they currently rely on other examples that are included in the report are advanced robots for the home that will be that will be better personal assistants as well as advanced human device interfaces that will provide a basis for augmented reality technologies as well as contribute to technology such as prosthetics that could be controlled by the power of mind alone automation and artificial intelligence is already increasing efficiency and safety in our current life the automated pharmacy that has been implemented in the Singapore General Doyle has increased accuracy to 99.9% and cut waiting times in half on the road Google's prototype of the self-driving vehicle has already logged 700,000 accident-free miles it's able to avoid obstacles and also stop at railroad crossings in these ways it's not surprising that automation and artificial intelligence are is a rapidly growing field there was a 20 point two billion dollar market in 2012 and is expected to grow with an annual growth rate of 10.5% in this way automation and artificial intelligence will allow us to expand extend beyond our human capabilities allowing for new technologies that were never before possible terrorists wave technology is another field that is expanding an exponential rate these technologies are promised to enable the next frontier and a diversity of applications including superhuman vision non-invasive chemical analysis bio medical diagnosis and unprecedented rates of wireless data transfer the terahertz range lies between the microwave range and the infrared range and previously there was a general lack of adequate emitters and detectors for this range and this deficiency was called the terahertz gap physicists and engineers specifically coined this term because they understood the huge potential of terahertz waves based on their properties which include the fact that they're non ionizing so that they're safe for tissues and DNA however they are able to penetrate certain materials such as skin wood plastics and ceramics so that they can be used for non-invasive 3d imaging purposes chemicals also have a unique spectral fingerprint under terahertz wave range meaning that these technologies can be used for precise chemical analyses specific frequencies within the terahertz range are also able to transmit data wirelessly at very high weights the terrorist gap is rapidly closing because of phenomenal progress and research which is decreasing the cost and the size of the chips used to emit and detect terahertz waves one application of this new generation of chips is medical diagnosis so currently collecting health metrics can be very time consuming and it can require lots of different types of equipment and require training and understanding of that equipment it might even require a visit to the doctor but what if one single handheld device could collection metrics while you're on the go or in your home store that information and upload it into a device like your cell phone fans of science fiction might realize that such technology has already been imagined for example here is doctor McCoy from the series Star Trek using his handheld tricorder to examine a patient there is a company now that's trying to bring such technology into reality scanadu has created the scalp it's a handheld device what held to your forehead within 10 seconds you can collect metrics such as temperature respiratory rate heart rate variability hemoglobin saturation and blood pressure it's slated for 2015 release and is meant to be very affordable around $200 per unit the concept was so popular that a quickly crowd-sourced 1.6 7 million dollars and became the highest funded IndieGoGo campaign in history other applications of terahertz waves will utilize their chemical analysis capabilities for example they have been used to detect counterfeit pills which may help in eliminating the 75 billion-dollar black market for fake pills that currently exists terahertz waves have also been used in aerospace detecting my new cracks on the surface of space shuttles making them safer before takeoff the subsurface imaging capabilities of terahertz waves will be used in security purposes as well as for agricultural quality at and they even enable you to see the bones of your own hand using your cell phone certain frequencies of the turn Hertz range can transmit very high rates of wireless data it was initially shown to be able to transmit data three gigabits per second which is 20 times greater than the current Wi-Fi standard even more recently terahertz waves were used to transmit data at a phenomenal rate of a hundred gigabytes per second exponential growth in turn Hertz wave research is fueling an exponential growth in the market in 2011 the terahertz wave market was estimated to be around eighty three point seven million dollars it's expected to grow at an annual rate of thirty five percent and by 2021 expected to be around five hundred and seventy million dollars in this way terahertz waves will literally become the wave of the future enabling smaller forms of technologies as well as new technologies that were never before possible biotechnology is a disruptive force that also uses what already exists in nature in order to create new products and new technologies one early example of biotechnology is penicillin which was derived from a mold and used to make an antibiotic that eventually saved over a hundred million lives now biotechnology is being used to address one of the biggest problems in our society today which is the environmental impact of carbon emissions the aviation industry is one of the biggest producers of carbon emissions so for example while a single round-trip flight from New York City to San Francisco creates around two to three tons of carbon emissions per passenger and to put that into perspective people who do not fight all only produce around 10 to 19 tons in an entire year the European Union has recognized the aviation as one of the biggest contributors to a carbon footprint and therefore in 2011 they proposed legislation that would find Airlines flying out of the EU if they produce carbon emissions over a given threshold if this goes into a fact it could potentially cost us Airlines 3.1 billion dollars by the year 2020 some people have proposed that biofuels would be a viable alternative to fossil fuels because they burn cleaner and then could be used as jet fuel however one of the biggest problems of biofuels today is that they require large amounts of arable land and freshwater resources which are dwindling rapidly total agriculture currently already consumes around 70% of the world's freshwater and biofuel production alone is slated to consume around 8 percent of available freshwater in the United States by 2030 this isn't us a stable sustainable situation because 2.4 billion people on the earth already live in areas where they all have access to fresh drinking water and the number of people in that situation is only slated to increase scientist in abu-dhabi and the sustainable bioenergy Research Consortium in partnership with Boeing Etihad Airways and Honeywell are trying to find ways to make biofuel without using lots of fresh water or lots of land they're using a plant called salad cornea which can actually grow in seawater but produces oil-rich seeds that can be converted into biofuel in this way they can make biofuel biofuels at particular yields similar to soybeans without consuming large amounts of fresh water or land and these biofuels still invent 50 to 80 percent less carbon than conventional fossil fuels biotechnology is also being used to feed the world genetically modified organisms have increased in agricultural income by a whopping forty three billion dollars since their introduction in 1996 and by 2012 biotech crops were valued at around 115 billion demonstrating the enormous positive impact that biotechnology has had on agriculture despite these effects there still is a public fear of biotechnology in agriculture particularly pertaining to the transgene transfer about from biotech crops to natural crops scientists are working to prevent this transient escape by implementing the genes not into the plant genome itself but into the genome of chloroplasts or plastids which are organelles within the plant plant cell in this way they can mitigate transient transfer because plastids are only passed on through the female plant but they can also express the plant protein or the trans gene protein at very high rates around 10,000 copies per plant cell and are able to comprise around 46% of the plant protein biotechnology and also being used to heal the world malaria is a disease that affects around 200 million people killing over half a million people per year the really unfortunate thing about this statistic is that malaria is a highly treatable disease and the drug used to treat it is very effective however the production of this drug requires a natural precursor called wormwood the supply of which is highly volatile scientists at amorous and Sanofi supported by funds from the Bill and Melinda Gates Foundation are working to change this they found a way to use fast growing bread yeast to produce this precursor without the need for the wormwood plant at all in this way in the lab they produced around 50 to 60 tons of this drug precursor and are slated to supply nearly half of the global demand for malaria drugs by the end of this year by relying on the power of nature biotechnology will allow us to feed and heal the Earth's growing population feeds that have previously often seemed unattainable so what you've seen here are nine disruptive technologies that we have identified as having real commercial potential these are not pipe dreams there are real startups and inventors working on ideas as disruptive as the Internet has been in decades past if any of these technologies have been of particular interest we'd be happy to chat with you about how we might be able to work to explore some of these technologies in fact what you've seen here is a sample of pre scatters service typically clients provide us with a statement of work in this particular case we have broadly looked at nine disruptive technologies in the second step our team has a teleconference similar to this webinar but where we would have interactive discussions with you and your teammates on the findings and then in the last step we compile our findings into a report for you and your teammates to disseminate internally with that we will go into a couple of your questions from the chat room and the question for a key here is of the three topics you've researched which technology has the greatest disruptive potential and why do you think so okey thanks Ashish um I do think that the question is kind of difficult to answer just because there's so many disruptive the controls for the technologies that were covered today but I would have to say that out of all of them I would pick her to a technology just because the research that's going into terahertz wave technology right now is just growing so rapidly right now and it's growing so rapidly in the way that it's opening up the doors for technologies that were never before possible and I think people are going to start seeing technologies that are enabled by terahertz waves that they've never seen before and this way I think it's going to completely disrupt the sensor technology as well like biomechanical analysis as well as chemical analysis and in these ways we're going to see capabilities that we have previously they've never really been a to apply to the to to the applications that we need them to be applied to and right so in that way I think tell her technology will be the most disruptive technology that kind of the ones that are that I've presented today thanks Ashish thank you okay but yep it's a great explanation charlie the question is what is the largest obstacle we need to overcome for an Internet of Things to become a widely adopted technology sure some some of the general issues in the implementation of the Internet of Things would include standardizing protocols for devices to interact with each other as well as chemical policies to adequately address security and consumer privacy issues but I would I would really consider the biggest obstacle and the adoption of the Internet of Things to be how do we create a smooth intersection between old and new economies basically the current providers of physical versus virtual services and products to actually create the value for both sectors that will drive continued growth of the Internet of Things Thank You charlie I guess we could also make that argument for advanced energy technologies as well we need to have a good balance between old technologies and new technologies to integrate them in a similar fashion okay let's go on yeah let's move on to one of four Trisha and the question here is how long until 3d printing is widely adopted by industry Trisha you have any thoughts on that high efficient well I mean Adam was shown in the presentation today 3d printing is already being adopted in applications where it's high value low volume manufacturing and places where weight is a major inch tissues so aerospace and spacecraft have been earlier increasingly I think we will see it in more mass production applications Google being a leader in that area with their initiatives for customized modular phone okay great well thank you very much we did have some other questions but you know in the sake of time as well as kind of everyone's schedules I think what we'll do is we'll wrap up the call for today but as mentioned we apologize for any audio issues that you may have experienced we'll look into that for our next webinar series maybe moving to a different provider in the interim if you would like a copy of the free report please do just email us at webinar at pre scatter comm and we will send you a full report I think it's about a hundred on pages it does include contact information on any of the technologies that we've provided spoken to today and as well as other case studies as the presenters have spoken through we also will investigate the option for getting this video posted some more publicly so that you can watch it in a more kind of time-lapsed fashion so you can kind of go through the material at your own pace with that I would just like to thank everyone for joining the call today and if you have any questions or any comments any feedback that you'd like to provide us we'd be very appreciative of that so you can email us at webinar at prescaler comm and we do look forward to speaking to all of you in the near future for our next webinar series thank you very much and have a great day

One Comment

  1. Josefa Bola said:

    You could add unmanned drone technology

    June 30, 2019

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