Consumer households -- the toaster can "predict" and toast bread a certain way, or a muffin, or even if one person prefers dark, the other light; the refrigerator can help with meal planning and inventory; the heating and cooling system can gauge the individual's comfort zone and predict how to lower energy costs while still keeping the family comfortable (Brandon, Predictive Technologies that Will Make Your Life Better, 2012)
Predictive technology is no longer a "nice to" or "what if." It is a matter of integrating smart computing chips into applications that will have meaning for the individual or the organization. It is entrepreneurial in spirit, innovative in concept, market driven, and will likely change the manner in which many products operate, and consumer expectations, within the next 4-6 years.
Works Cited
APT Technologies. (2013, January). About....
Innovation Is an Art Innovation in business, is it an Art or Science? Innovation is an art, not a science To answer the question of whether innovation is an art or science, it first must be determined what is art and what is science. In terms of 'art,' the image that immediately comes to mind is Michelangelo's David. The great Renaissance artist said that he felt he liberated the sculpture from the marble,
Burns (2007) indicates that the text is about that which motivates the actions and decisions of the entrepreneur, including the influence of personal social networks, family and personal background. Moreover, the text reports itself to be about the tasks of management which are associated with the entrepreneurial approach as well as how decisions are make, how risk is balanced and most essentially how there is a clear distinction between
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