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CITI: These 10 Technologies Are Completely Changing The World
Business Insider ^ | 05/02/2013 | Rob Wile

Posted on 05/02/2013 8:22:19 AM PDT by SeekAndFind

n a massive new research report, analysts at investment bank Citi take a close look at 10 technologies they say will disrupt the way we do business.

They've dipped into practically every sector you can think of: energy, entertainment, IT, manufacturing, and transportation among them.

Some of these technologies have been with us for awhile, but are poised to get better or cheaper.

Others have only recently surfaced, but will be ubiquitous in a matter of years.

This is what they say the future is going to look like.

1) Disruption 1: 3-D Printing

Printing parts and materials practically at your desktop. Thanks to falling commodity prices, easier to use software, and more complex design capabilities, the technology is poised to explode. In the future, 50% of parts used in a jet engine could be manufactured by 3D printers.

The 3-D printing market could grow to $6.5 billion by 2019 from less than $3.5 billion today, according to Wohlers Associates. The aerospace, orthopedic, and other high value, low volume industries will be the earliest adopters.

2) Disruption 2: E-cigarettes

Battery-powered smokes that are ostensibly less toxic than regular cigarettes. They also currently allow you to smoke in places where regular cigarettes are barred. They come in both disposable and reusable form.

E-cigarettes will see 50% CAG in coming years.

So far they're only big in the U.S., though they still comprise a small part of the overall domestic cigarette market. Citi estimates the segment will continue to see near 50% compound annual growth (CAG) over the next few years, depending on regulation and penetration into retail.

3) Disruption 3: Genomics And Personalized Medicine

People remain interested in tying their genomic makeup to their potential for carrying certain diseases.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Science; Society
KEYWORDS: technology

1 posted on 05/02/2013 8:22:19 AM PDT by SeekAndFind
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To: SeekAndFind

I am sick of SaaS.


2 posted on 05/02/2013 8:27:20 AM PDT by Resolute Conservative
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To: Resolute Conservative

Can you explain why?


3 posted on 05/02/2013 8:28:18 AM PDT by SeekAndFind
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To: SeekAndFind

Interesting piece. After reading this yesterday I mentioned 3D printing to our CEO and it’s something we have to evaluate as an opportunity/threat.


4 posted on 05/02/2013 8:31:17 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: SeekAndFind
Disruption 10: Solar
Solar photovoltaics involve exciting electrons within a semiconductor material, thereby creating a current. Solar panels continue to become very cheap very quickly, resulting in cost parity being achieved in certain areas sooner than anyone expected.

I'm not real sure about this one. We've been this close to having Solar as a game changer since about 1970 ...

5 posted on 05/02/2013 8:32:10 AM PDT by ClearCase_guy (The ballot box is a sham. Nothing will change until after the war.)
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To: ClearCase_guy

SOLYNDRA and A123 ANYONE?

What we really need is for government to get out of the way and let this technology COMPETE in the marketplace.

Just like all the others.


6 posted on 05/02/2013 8:36:14 AM PDT by SeekAndFind
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To: ClearCase_guy
The limitations on solar are simple ~ the maximum amount of energy to tap into ~ and that's only when the Sun is up.

There's another limitation that has to do with batteries but University of Illinois may have devised a solution to that part.

So it's not 30 years away anymore; something like 10, maybe 15 anyway.

Hot fusion continues to be 30 years away as it has been since it was thought up back in the 1930s.

7 posted on 05/02/2013 8:37:10 AM PDT by muawiyah
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To: SeekAndFind

ANY SMOKERS OUT THERE WILLING TO TAKE THIS?



8 posted on 05/02/2013 8:39:42 AM PDT by SeekAndFind
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To: SeekAndFind


Payments that get taken from or get made by tablets or cell phones. Big in Japan (55% penetration), as well as emerging markets where cell phones reign supreme. In developed markets, it's likely to be limited to transit and retail transactions.
9 posted on 05/02/2013 8:41:25 AM PDT by SeekAndFind
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To: SeekAndFind

E-cigarettes are going to change the world?


10 posted on 05/02/2013 8:41:30 AM PDT by RoosterRedux (Obama's Chechens are coming home...to roost.)
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To: SeekAndFind

ANOTHER DISRUPTIVE TECHNOLOGY





11 posted on 05/02/2013 8:47:03 AM PDT by SeekAndFind
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To: ClearCase_guy
Disruption 10: Solar
Solar photovoltaics involve exciting electrons within a semiconductor material, thereby creating a current. Solar panels continue to become very cheap very quickly, resulting in cost parity being achieved in certain areas sooner than anyone expected.

I'm not real sure about this one. We've been this close to having Solar as a game changer since about 1970 ...
________________________________________________________

I would have said the same thing just a few months ago. This Christmas a nephew that works for a company involved in LED lighting gave us a solar/battery motion security light for Christmas. I saw it and kind of rolled my eyes. A few months later I finally got it out and installed it in a place where we have a need for lighting. The instructions say that 11 hours of solar charging with a small solar cell about 10 inches square charges the battery for 2-1/2 hours of light. That light is equivilent to 60 watts of light incandescent. I put it up. I works, it works really well. It is a bright light and is plugged into nothing but the sun. Yes in 10 or 15 years I will have to replace the battery but it sure works as billed. Cool! I have become a solar believer.

12 posted on 05/02/2013 8:48:00 AM PDT by JAKraig (Surely my religion is at least as good as yours)
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To: ClearCase_guy
Yep. I tend to get on my soapbox when it comes to solar.

Except for specific niches, it's mostly useless as a large-scale power source, for the simple reason that the sun - from the Earth's perspective - is an inconstant energy source that doesn't put out enough.

A 40-acre solar farm was just put in near where I live. My first response was, "Hmm, I wonder who's going to keep all those solar panels clean?"

13 posted on 05/02/2013 8:49:31 AM PDT by wbill
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To: SeekAndFind

The analysis on Solar is utter bunk. The reason the prices are dropping is a collapse in demand as governments are cutting subsidies.

They are still nowhere near competitive against traditional power sources.


14 posted on 05/02/2013 8:54:42 AM PDT by drbuzzard (All animals are created equal, but some are more equal than others.)
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To: SeekAndFind

From a developer’s view point it is used to maximize revenue and lock clients into a consistent subscription fee versus a one time license purchase. Yes, I know the aim of business is to make money. Having coded both types I prefer desktop/client-server for more complex applications for two reasons: better security and way, way better UI possibilities.

That of course is my opinion. I feel the same disdain for 90% of the open source crap out there as well and the need to have unlimited number of freeware plug-ins to make things work...


15 posted on 05/02/2013 8:54:55 AM PDT by Resolute Conservative
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To: RoosterRedux

They will when you use a different, uh, smoking material.


16 posted on 05/02/2013 8:55:09 AM PDT by Darteaus94025
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To: wbill

Undocumented workers.


17 posted on 05/02/2013 8:56:28 AM PDT by Darteaus94025
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To: SeekAndFind

Tried an E-Butt. It made me cough!. Cough a lot, and cough hard!


18 posted on 05/02/2013 9:12:53 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: wbill

“is an inconstant energy source that doesn’t put out enough.”

Sounds like my Ex!


19 posted on 05/02/2013 9:16:49 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: ClearCase_guy

Down here in the desert it really is turning into a game changer. Lots of businesses (and a few churches) with big parking lots have put up solar panel covered parking, and it’s generating net positive electricity in many cases. So no electric bill and everybody gets a covered parking space. It might never be a big deal in parts of the world that get less than 300 sunny days a year, but with the population moving to the sunbelt it’s a positive effect on a lot of people.


20 posted on 05/02/2013 9:21:05 AM PDT by discostu (Not just another moon faced assassin of joy.)
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To: Dr. Bogus Pachysandra

LOL!

You do *not* quite owe me a keyboard!


21 posted on 05/02/2013 9:24:24 AM PDT by marktwain (The MSM must die for the Republic to live. Long live the new media!)
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To: drbuzzard

It is getting close in areas with lots of sun and the maximum power load occuring during the sunniest parts of the day!


22 posted on 05/02/2013 9:25:58 AM PDT by marktwain (The MSM must die for the Republic to live. Long live the new media!)
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To: SeekAndFind
Interesting Subliminal on using phones to transfer cash.


23 posted on 05/02/2013 10:16:54 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: drbuzzard

Not quite as bad as you say. The price drop is largely due to the Chinese flooding the market with cheap panels, as well as economies of scale in production as demand has actually grown.

The panels themselves now can be had (in quantity) for less than $1.00 per watt of output. Of course, there are other costs for installation, hardware, wiring, inverters, etc. But large-scale commercial installs are now pricing in the range of $2.50-$3.00 per watt - all in. This equates to a pay-back of 9 or 10 years based on today’s rates in certain areas of the country. That comparison assumes the power utilities’ rates stay constant - which they’re unlikely to do. These sorts of panels are warranted to generate 80% of rated output after 25 years.

You still do have a major issue of day/night and clouds/sun, and the most efficient battery technology today still loses 30% of input power. Unless this is solved, or dramatically improved, solar will only be a supplemental source of energy - not THE source of energy.


24 posted on 05/02/2013 10:45:18 AM PDT by Be Free (I believe in gun control. The more people that control their own guns, the safer we'll all be.)
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To: SeekAndFind

SaaS is not the end-all solution it promises to be. Depending on the type of cloud service, you end up putting your data and software applications in someone else’s hands.
You have to hope that their IT security is as good as they claim, you could lose your data due to their mistakes or your account being turned off (as one writer found out Google could wipe out all apps and files when deactivating an account by mistake) and you could end up giving up all you have to a group that now holds you by the throat. Your computer is only a way to access the internet, and you have to pay their fees to access your data, pay your taxes, process information and do your job.


25 posted on 05/02/2013 11:14:02 AM PDT by tbw2
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