Which are the most promising industries for innovation in 2023?
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A collection of articles, insights and trends on the latest in innovation, design, technology, business and product launch.
The first thing that comes to mind when the word innovation comes up is a revolutionary discovery. An invention that can change the world. Undoubtedly, light bulbs and smartphones are innovations, but the pizza was also once considered to be an innovation in poor...
Small businesses confront a variety of obstacles. One of them is the necessity to keep an eye out for changes that need to be made in order to maintain their business afloat and expand their consumer base. This is why approximately 90% of startups fail....
Crypto is growing at a mind-blowing pace. According to projections, the worldwide market for digital money will be over $1087 million by 2026. Bitcoin, Ripple, Etherium, Dash currency, Litecoin, and other cryptocurrencies will have a compound annual growth rate of...
The last piece of the blog series, 15 Industries with Potential Market Gaps that will Explode in 2023, presents market gaps in a few soaring industries: · E-commerce · Logistics and Last-Mile Delivery · Services for SMEs The COVID-19 pandemic accelerated...
In this fourth piece of the blog series 15 Industries with potential market gaps that will explode in 2023, we focus on market gaps in environmentally-friendly industries. The UN Sustainable Development Goals are an urgent call for sustainable businesses that tackle...
This third piece of the blog series identifies market gaps in industries that fall into health, wellness, and lifestyle. During a global pandemic, there is only one thing one can do - stay healthy.Pampering became part of daily routine, as well as vitamins intake and...
Are you looking for ideas to start a new business or opportunities to expand your current one? This blog series identifies market gaps in different industries and presents the business potential in the industry segments. The first part of the blog series covers...
Identifying market gaps is as easy as searching for a four-leaf clover. It requires a mix of skills, approaches, and research. Every successful business has found a gap in the market. Netflix, for example, found several market gaps and disrupted the media streaming...
In October 2021, cryptocurrency exchange Coinbase announced that it would launch an NFT marketplace. Moreover, Sotheby's, an auction house active since 1744, also launched its NFT-exclusive marketplace, Metaverse. This year has seen a surge in the sale of NFTs....
This is the fourth (and last) article of our comprehensive series about the concept of Minimum Viable Product (MVP). In our previous three articles, we talked about what an MVP is, why you need it, and discussed how to create it. We concluded that building an MVP...
This is the third article of our series about the concept of Minimum Viable Product (MVP). Over a decade ago, when Daniel Ek and Martin Lorentzon noticed that the music industry had a huge gap, they decided to address it. Consumers loved listening to...
This is the second article of our series about the concept of Minimum Viable Product (MVP). Many entrepreneurs develop products based on concepts that they never tested with real customers. As a result, those products never sell, wasting a lot of time and money....
Launching a new product can be very exciting and frustrating. It's a long process full of challenges, so minimizing at least a part of the burden is a great thing. Likewise, creating a complete product with all its planned features is a long, extensive process....
There is one famous saying: emotions and business do not mix. Emotions are "forbidden" in the business world because they trick us into making decisions based on our feelings instead of what we know. One of the articles that inspired me for this blog points out that...
Any business hoping to create a name for itself would almost certainly need to be innovative. That's why most companies form teams, create events and projects to encourage innovation. For an innovation to be successful, it has to serve a purpose. It has to solve a...
One of the great lessons the pandemic taught us is that the survival of a business in today's world is contingent on its ability to innovate fast. And one of the best ways to improve the agility of an organization is through business model innovation. When I founded...
Which are most promising industries for innovation in 2023 and how to incorporate the into your business?
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