50 of the World’s most innovative technologies!

Fifty of the most innovative technologies in the world identified by Frost & Sullivan are to be unveiled at GIL 2012: Europe “The Global Community of Growth, Innovation and Leadership Annual Congress.”  This year’s gathering on “The Journey to Visionary Innovation” is scheduled to be held in London on 9th May. “TechVision 2020: A Systematic Innovation Serendipity Engine”, will showcase these exciting and powerful research findings from Technical Insights (TI), the Technology Research and Consulting division of Frost & Sullivan.  TechVision 2020 – one of the highlights of this year’s GIL Global 2012 events – will delve into those technologies that are set to dramatically transform industries, strategies and businesses.

The selected technologies that will be discussed at the congress spread across nine sectors – Advanced Manufacturing & Automation, Sensors & Controls, Microelectronics, Materials & Coatings, Information & Communication Technology, Clean & Green Environment, Sustainable Energy, Health & Wellness and Medical Devices & Imaging Technology  and represent the bulk of R&D and innovation activity today.

“This body of work is a culmination of thousands of hours of relentless effort put in by over 50 global TI analysts based in six continents,” remarks Ankit Shukla, Practice Director, Technical Insights, Frost & Sullivan. “Assessing intelligence on several emerging and disruptive technologies and innovations from around the globe, Frost & Sullivan’s analysts have condensed an exhaustive list into the top 50 technologies which we believe have the maximum potential for global adoption and possess significant commercial potential.”

In the fields of Industrial Automation & Process Control and Measurements & Instrumentation, particular attention will be given for instance to breakthrough microelectronics innovations such as flexible electronics. With global CAGR expected to increase by 19% by 2014, this technology finds use in a variety of potential markets with connected needs: consumer electronics, supply chain, food packaging, medical devices and the military sector.

Wireless power transmission and smart sensor technologies will also be analysed, as well as digital manufacturing or e-manufacturing. The latter refers to the use of simulation tools, product lifecycle management (PLM) software and ICT solutions to achieve higher productivity in manufacturing, thereby increasing competitiveness through collaborative new product design, agile manufacturing, and supply chain integration.

TechVision 2020 showcases each selected technology, closely assessing the potential of a given technology platform to understand the true market opportunities, while evaluating the risk-reward elements. It appraises technology maturity and adoption ratings, possible year of impact and patent landscape, examines private and government funding trends, and explores future technology and application roadmaps.

GIL 2012: Europe and TechVision 2020 will deliver fresh perspectives, innovative ideas, and practical solutions that will help companies to stay ahead of the curve and to achieve the three critical goals of Growth, Innovation and Leadership.

“The focus at GIL 2012: Europe is on sharing, engaging, and inspiring a continuous flow of new ideas and fresh perspectives which leverage innovation as a resource to help address global challenges,” says Dorman Followwill, Partner and Director EIA, Frost & Sullivan. “This event is designed to fuel creativity and offer access to best practices, tools and strategies that will drive growth and inspire innovation.”

About Eoin Ó Riain

Sé Read-out iris uaithoibríoch, ionstraim agus stiúradh na hÉireann agus an "Signpost" a áit ar an idirlín! Read-out is Ireland's journal of automation, instrumentation and control and the Instrumentation Signpost is it's web presence.
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