Pankaj Deshpande

Technological innovation is the arena which helps a company to grow. According to GE Global Innovation Barometer 2018 report, across the globe in accordance with business executives, 40% of innovations over the last 5 years had an extremely positive impact on bottom lines of their business. Thus, business innovation is an intrinsic component of an organization that is essential to maximize an organization's potential. Therefore, we have mentioned the top ten technological innovations for organizations, which are -  Blockchain Technology The blockchain technology refers to technology related to cryptocurrencies like the bitcoin. It is a very secure option as the existing data could not be changed; it could only be added to. No one can control entire data in a blockchain; it is consensus-driven. Internet of Things It is the future of technology, as it enables the connection of different devices and the exchange of data over the internet. It enables better efficiency, security and dec...

Innovation and technology are the bridge between a company and its development. According to McKinsey's survey, the importance of innovation in their growth strategy is realized by 84% of the executives. In today's world, where businesses cut-throat competition is on fleek, an innovation strategy gains increased importance to accelerate the growth of the company. The ultimate way to survive and thrive a business company in this digital world is by adaptation, which is possible through innovation.  Innovation strategies that a business should follow to transform itself into a brand are: Focus on Artificial Intelligence Artificial intelligence is an innovation strategy on which a company could rely in the future. It holds huge potential to revolutionize how a company carries out its proceedings. According to a study by Accenture, artificial intelligence holds the ability to accelerate a company's productivity by 40%. Artificial intelligence can lead to better decision making...

  Once upon a time, while mankind was slowly discovering its inherent capability to evolve, many miracles came to light. Since then, human beings have been balancing their beliefs between laws of nature and some of Einstein’s. While the world has seen a million years and more, mankind is yet to adapt fully and freely, its natural instinct of innovation. From nursery to business schools, It has always been valued as an ‘added advantage’. Unaware of the inherent capability of human beings, innovation longed for many years to be loved by us. As the era of technology came in, science took over the conversation to an ‘intellectuals only’ level, leaving the regular crowd away. But it is said that innovation’s story goes way back to the  forbidden fruit . An apple introduced us to thinking, while another is still showing us how to ‘Think Different’. The world has witnessed the wave of innovation in all phases through a progressive relationship. And look’s like now it’s trying to win...

Struggling with the burden of workloads and a heartfelt craving for faster computers, how we wish 2021 brings us closer to the reality of Quantum computing with just a charm. While mankind loves to create many problems for itself everyday, here’s a technology innovation that is made to solve even the ones that haven’t come up yet. While a traditional computer interacts with long strings of ‘bits’ which encode into a zero or a one, quantum computing uses ‘qubits’. Qubits encode the zero and the one into two distinguishable quantum states that allows them to work on multiple variables. Well, the word even has it that Quantum computers are a billion years faster than their traditional counterparts and can solve impossible problems. Quantum Computing , the next superhero unleashes five superpowers. Same Same But Different  Classic computers and quantum computers are not all the same and not all that different.Quantum computers are not just made to speed up classic computing but are cur...

One day when it rained on a bright sunny morning, humans in the Stone Age went into caves. But when it rained again some of them got together and struck stones together to accidentally discover fire and save themselves from the wrath of nature. Maybe the fire of innovation always had its place in the human blood since inception. And the person who said, “Necessity is the Mother of Invention” changed what he wanted to say after years of discovering and creating things and ideas without necessity but with the urge of creativity. It’s time and how where today’s generation is ready to learn how to learn. Read that again. The earlier Innovation in education system included arts as a ‘creative’ subject and made it a forbidden term for meritorious students. Well, by 2021 we’ve seen the concept of personalization in literally every aspect of human life. From clothing, furniture, decor, food and now to automobiles, the concept of curating your own experience is already in rave. But have we yet...