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Is Virtual Tourism A Viable Future For The Travel Industry?

The Horizons Tracker

The tourism industry has ground to a halt as a result of the coronavirus pandemic that has severely limited international travel. The pandemic has been the making of many technologies, and new research from Augusta University explores whether it might do likewise for virtual travel. first appeared on The Horizons Tracker.

Tourism 104
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How Innovation Is Completely Different in Established Organizations than in Startups

Leading Blog

Their greatest fear is no longer their closest competitor, but the startups which, although they live in metaphorical garages and have hardly taken off, have an innovation power that established organizations can only dream of possessing. The Three Tracks of Innovation. Optimizing innovation: Improving the past.

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Spotting Where Innovations Are In The Diffusion Lifecycle

The Horizons Tracker

In 1962 Everett Rogers famously described the journey innovations go on as they travel from obscurity to mass market success and through to obsolescence. It’s a process that remains largely observed to this day and being able to spot where an innovation is on the lifecycle is pretty valuable. Spreading change.

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F1 Racing and the Insurance and Finance Industry: A Comparison of Trends and Challenges

N2Growth Blog

Formula 1 racing is an industry built on speed, innovation, and teamwork. These roles typically involve significant travel and on-site work, making implementing remote work options challenging. Established firms need to adapt quickly to these changes by leveraging the power of AI and other emerging technologies to remain competitive.

Insurance 217
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Future is Here: How Metaverse Becomes the Part of HR Technology

HR Digest

Metaverse is now expanding its horizons into other areas such as artificial intelligence (AI) , HR technology , big data analytics , and cloud computing. With the rise of AI and Big Data , companies are starting to adopt these technologies to improve their operations. How can HR departments plan for technological change and prepare it?

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How Trade Competition Boosts Innovation

The Horizons Tracker

For all the narrative around the disruptive nature of innovation, it’s fairly rare for innovators to fully capture the value of their invention. It has long been argued that this mismatch disincentivizes innovation, which in itself creates a mismatch between the potential benefits we could see from an innovation and the reality.

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How Interactive Technology Can Reduce Congestion

The Horizons Tracker

The researchers analyze a range of interactive technologies, from roadside cameras to Google Maps, and find that effective use of them can help to manage traffic such that road expansion projects aren’t needed. billion per year in lost productivity, 175 million hours in travel time, and 10 billion pounds less CO2 each year.