9/5/24

Technologies behind the great corporate transformations

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In recent years, innovation has gained speed, driven by emerging technologies capable of transforming entire industries. Large corporations, which historically may have been slower in adopting new technologies, are now at the forefront of this transformation, often through strategic partnerships with startups. In this article, we will explore some disruptive technologies, such as artificial intelligence (AI), blockchain, the Internet of Things (IoT), and quantum computing, and how they have been adopted by large companies to innovate and remain competitive.

Artificial Intelligence (AI)

The AI revolution: more than just a passing trend, artificial intelligence has established itself as part of corporate operations. From chatbots that enhance customer service to advanced machine learning algorithms that optimize supply chains, AI is helping large companies operate more efficiently and make better decisions.

Strategic partnerships: we increasingly see large corporations collaborating with specialized startups to accelerate AI adoption. This is the case with the partnership between IBM and the data analytics startup Cognitive Scale, which helped bring customized AI solutions to sectors like healthcare and finance.

Blockchain

Blockchain security and transparency: known as blockchain, the technology behind cryptocurrencies, is being widely adopted by large companies to improve security and transparency in their operations. This technology allows for the creation of immutable and auditable records, making it ideal for sectors such as finance, logistics, and even supply chain management.

Corporate initiatives: companies like Walmart have adopted blockchain to track products in their supply chains, ensuring the authenticity and safety of food from source to end consumer. The partnership between Maersk and IBM, through which blockchain is used to digitize global logistics processes, is a great example of applying this technology.

Internet of Things (IoT)

Connectivity and efficiency with IoT: the Internet of Things (IoT) connects devices and systems, allowing companies to collect and analyze data in real time. This is transforming sectors such as manufacturing, where connected sensors monitor machines to predict failures before they occur, reducing downtime and improving efficiency.

Innovative collaborations: startups are playing a crucial role in implementing IoT solutions in large corporations. The partnership between Siemens and the startup Enlighted, for example, is helping to create smart buildings that use IoT to optimize energy consumption and enhance occupants' comfort.

Quantum Computing

The future with quantum computing: although still in its early stages, quantum computing promises to revolutionize the way we solve complex problems. Giants like Google and IBM are investing heavily in this technology, which has the potential to transform sectors such as cryptography, molecular simulation for drug discovery, and process optimization.

Exploration and testing: partnerships between large companies and quantum computing startups are beginning to emerge with the goal of exploring the practical applications of this technology. The IBM Q Network, for example, is a global collaboration that includes startups, companies, and academic institutions, all working together to accelerate the development of quantum computing.

Other Disruptive Technologies

Augmented and virtual reality (AR/VR): AR and VR are being used to create customer experiences, immersive training, and realistic simulations. Companies like Volkswagen are already using virtual reality to train employees in simulated environments, while startups like Magic Leap are developing AR solutions that promise to transform human interaction with the digital environment.

Biotechnology and genome technology: biotechnology, combined with genome technology, is enabling incredible advances in personalized medicine. Startups and large pharmaceutical companies are working together to develop personalized treatments based on genetic analysis, promising to improve treatment efficacy and reduce side effects.

Conclusion

Disruptive technologies are changing how large corporations operate and compete in the global market. Through strategic partnerships with startups, these organizations rapidly adopt and integrate innovations into their operations, ensuring not only their survival but also their competitiveness and longevity in an ever-evolving business environment.

At Evox Global, we are committed to helping large corporations and startups connect and collaborate to explore the potential of these emerging technologies. Whether through AI, blockchain, IoT, quantum computing, or any other cutting-edge innovation, we believe the future belongs to those willing to innovate and collaborate. Join us on this journey to transform challenges into opportunities and reach new heights of success.