Browsing: Innovations

New wireless-tracking wristbands designed to make the “Most Magical Place on Earth” even more hassle-free will hit Walt Disney World in Orlando, Fla., over the next few months. The “MagicBands” will be linked to customers’ credit-card information and function as room keys and park entry passes, thanks to radio-frequency identification (RFID) chips, which are most commonly used in wireless toll collection and public-transit turnstiles. The MagicBands are part of a bigger system called “MyMagic+,” which also allows the theme park to collect sensitive personal information, including names of guests both young and old, their purchasing and riding patterns and real-time location data.…

Forget the earpiece, soon you’ll be able to wear what looks like an ordinary baseball cap, but is actually a Bluetooth device that lets you take calls hands-free. Max Virtual announced  it would unveil the Cynaps hat next week at the 2013 Consumer Electronics Show in Las Vegas. Cynaps uses bone conduction to transmit sound to the inner ear via two small vibrating modules within the lining of the hat. It can be wirelessly connected via Bluetooth to a mobile phone, tablet or PC to make calls or listen to music and video . The control panel under the bill provides access…

Innovation, value and pricing are inseparable. They are part of a dynamic system to create long term sustainable value for firms. As such, they have to be treated with equal attention, with the required sweat equity from top executives and with the necessary levels of investments. That might not be the case yet. Firms invest billions in R&D and innovation processes. They deploy very elaborated new product development and product life-cycle processes in the hope of achieving greater innovation rate. Most firms, however, fall short of defining crisp value propositions, of measuring the differential economic value of their innovation versus…

Lasers could help fire weapons or set off explosive warheads for the U.S. Army in the near future. That possibility comes from a lab demonstration of how a simple, handheld laser can fold tiny metallic structures in a style that mimics Japanese origami. The demonstration suggests that similar systems could produce tiny grippers and switches that would act as mechanical components in small devices. The components could be used to detonate explosive or propellant material, attach identification transponder tags to clothing, or even enable a new generation of extremely tiny robots or electronic devices. “We are enabling true microsystems, where all of…

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