A framework for innovation and efficiency across the business value chain

Automation has been the cornerstone of the global economy going back more than two and a half centuries, when a quartet of inventions – the spinning jinny in 1764, the steam engine in 1775, the power loom in 1785 and the cotton gin in 1794 – radicalized the production and transport of goods and set the foundation for a largely uninterrupted arc of economic growth that continues through today. Every subsequent era of entrepreneurship and invention, from the communications revolutions of the mid-19th century to the automobile of the early-20th century to air travel and mass manufacturing of the mid-20th century and the emergence of computer systems in the late-20th century, has been driven by three similar concepts which define automation. 

Contributors: Avasant
Categories: Whitepaper
SRC Type: Disruptive Digitization