Tag Archive: Digitisation

Aug 06

MGI assess the productivity puzzle

McKinsey & Co, in particular the MGI (McKinsey Global Institute), opened their recent ‘discussion paper’ on the productivity puzzle afflicting the USA (and other developed economies) by stating: “Now, as low birth rates slow the expansion of the labour force, increasing productivity, the output we get from every hour worked, is more crucial than ever …

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Jul 11

Digital investment for productivity

An interesting article from IoT Agenda explores why digital investment in increasingly capable devices/ things/ solutions are empowering businesses to transform their processes and workflows but not showing up in real productivity gains One theory is ‘the metrics used are suspect’ – however, the author sides with another The rapid evolution in transformative technologies (e.g. …

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May 12

Potential of new technology ‘very low’!

A new Gartner survey of 388 CEOs/ senior executives found they rated as “very low” the potential for productivity improvement from new breakthrough technologies i.e. IoT, AI, blockchain (secure databases) and 3D printing In particular, when asked for their ‘top enabling technology for improving productivity’: Only 2% chose IoT – and only 1% picked either AI, …

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GE announces ‘Big Data’ productivity gains

A new report from GE found that the Industrial Internet could add €2.2 trn to European GDP by 2030, boost productivity and spur economic expansion. The report, called The Industrial Internet – Pushing the Boundaries of Minds and Machines: A European Perspective, says that a mere 1 % increase in efficiency in healthcare, aviation, transportation …

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