The Lux Research Blog

Lux Take on News: Weekly Round-Up November 15, 2019

This week's headlines have been dominated by Google's access to personal health data and Goldman Sachs and Apple's credit card spending limits. Check out what our experts have to say about these topics as well as the rest of this week's top headlines.

Lux Take on News: Weekly Round-Up November 8, 2019

Every week Lux analysts gather the biggest headlines and trends and provide their expert opinions on major developments. This has been a big week for innovation. From news on digital twins, plastic waste, mobility data, and 5G -- We have you covered.

The Top 20 Transformational Technologies to Watch in 2020

Every year we ask our analysts "What technologies are you following that will have the greatest potential to transform the world over the next decade?" Then, using innovation data and analytics, we select and rank the technologies to watch in the next year. Find out what technologies made this year's 20 for 20 list.

The Insurance Industry's Critical Role in Digital Technology Adoption

Despite the hype around digital transformation, adoption has been particularly slow in the physical industries.  However, the insurance industry is beginning to play a critical role in the adoption of digital technologies.

Lux Take on News: Weekly Round-Up November 1, 2019

Every week our analysts gather the biggest news and trends and provide their analysis on major developments. This week, all eyes are on digital transformation. Check out our experts' insights on the top news of the week and learn what headlines were overhyped.

4 Factors Forcing Reinvention for Oil & Gas in the Digital Age

Expect that in order to meet these challenges in the digital age and successfully scale global operations to meet a new stream of demand, we will see a new breed of “tech” oil companies, the disruption of traditional service companies by major software giants, the creation of data marketplaces, and more operator-to-operator digital collaborations.

TCT Show 2019 Takeaways: Current innovation areas, leading use cases, & ongoing challenges of 3D printing

Lux recently attended and presented at the TCT Show 2019, a leading exhibition and conference on 3D printing. In this post, our Analyst, Tugce Uslu PDEng, shares the major takeaways from the event in terms of use cases, ongoing challenges, and current innovation areas.

Lux Take on News: Weekly Round-Up October 25, 2019

It has been a big week for news regarding digital transformation. Sony has launched a mHealth platform,  Ola has launched a car-sharing service, and Google has announced products updates. Check out our experts' insights on the top news of the week in this blog. 

Don’t worry about whether or not Google achieved quantum supremacy

Recently, a number of news sites rushed to report that Google claimed it could display quantum supremacy, an exciting-sounding term that  – like most technical jargon – can be given slightly different meanings depending on who you're speaking with.

What You Need to Know from Supply Chain Asia Forum 2019

The focus for the conference centered around two primary themes: the digital transformation of supply chain, and the outlook for global trade amid geopolitics and trade wars. Featured presentations were given by IBM, Dematic, Jabil, JDA Software, and a host of emerging startups targeting logistics and warehouse management.

Lux Take on News: Weekly Round-Up October 18, 2019

It has been a big week for truly disruptive news coming out of the agrifood and energy sectors. Provivi has raised a large series C funding round and Lawrence Berkeley National Laboratory has developed an ionic liquid separation process for forward osmosis. Check out our experts' insights on the top news of the week in this blog. 

Digital Opportunities Boom as Healthcare Spends Additional $750 Billion

The healthcare industry today is more challenged than ever before. Healthcare costs are becoming unsustainable, developed economies are facing rapidly aging societies, and developing economies are seeing a rapidly growing middle class and subsequently shifting expectations of the healthcare system.

Lux Take on News: Weekly Round-Up October 11, 2019

It was a big week for innovation. Singapore is developing its first virtual power plant, the USDA's new partnership with Microsoft is making waves for digital agriculture, and Car2Go is ceasing operations in five cities by the end of 2019. Check out our experts' thoughts in this post about this week's top tech and innovation headlines.

Lux Take on News: Weekly Round-Up October 4, 2019

Technology innovation came up in much of this week's headlines. From "smart" toilets analyzing your gut microbiome to Verizon's acquisition of Jaunt to step up their VR game. Check out our experts' thoughts in this post about this week's top tech and innovation headlines.

Can AI Make Innovation Any Easier?

Few need convincing that AI/ML is disruptive. There is a ton of “innovation” data out there – news, investments, patents, papers, and more – and new platforms pop up every day. Sourcing the data isn’t the real problem; unifying and making the most of the data to identify weak signals and make the appropriate bets is.

Key indicators to Identify Suitable Markets for VPPs

Energy companies interested in expanding virtual power plants (VPPs) to new geographies should rely on these four key conditions when evaluating whether VPPs are suitable and can provide value. 

Lux Take on News: Weekly Round-Up September 27, 2019

This week in innovation saw a lot of very important news, from Hyundai's autonomous vehicle joint venture to Facebook's acquisition of CTRL-labs. Check out our experts' thoughts below, on this week's top tech and innovation headlines.

Cutting global emissions is not as simple as Greta Thunberg makes it sound

Climate strikes are hitting close to home. Unfortunately, when Greta said the politics and solutions needed are still nowhere in sight, in some cases it’s the sad reality. There are still plenty of technologies that not only need to scale up, but also become economically feasible.

#SummeratLux | Get to Know Our Interns

At Lux, we are passionate about independent thinkers with intense curiosity and intellectual enthusiasm. We look for these traits not only in our researchers and analysts, but in our interns as well. This summer, we welcomed five intellectually curious interns into our Boston office. Get to know them in this Q&A style post.

$6.1 Billion in Funding and China Still Not Leading In AI Innovation

On the surface, all innovation-related data indicate that China is poised to take over the world. Diving deeper, we find that all the hype around AI in China is warranted; however, it only highlights a few platform technologies and market segments.

Lux Take on News: Weekly Round-Up September 20, 2019

This week's headlines saw the likes of Ginkgo Biowork's Series E funding, 3D Printed Meat (is it just a niche within a niche?) and Apple's new smartwatch. Check out our experts' thoughts below, on this week's tech and innovation news.

 

Green is the new black: Will coatings be the answer to fresher avocados?

The hype around Apeel is alluring – and the promise of avocados with a longer shelf life is a big draw – but don’t be fooled into thinking the approach is wholly new or unique – shop around before diving in on any shelf life extension approach!

4 Key considerations for digital health cybersecurity

With the increasing penetration of digital health, IoT, and connected medical device technologies to support growing healthcare demands, cybersecurity and data privacy are becoming the primary concerns of the digital health industry.

Lux Take on News: Weekly Round-Up September 13, 2019

This week has a been a big week in news as seen through new partnerships among major players in the tech space and investments in new technologies. Every Friday we will be highlighting our Lux Take on the news.

 

The 4 Major Challenges That Digital Therapeutics Face

Digital therapeutics (DTx) have been rapidly gaining momentum, we have been continuing to recommend engagement with DTx companies. Those engaging with digital therapeutics companies need to be wary of falling victim to a hype-baited trap set with clinical data.

Lux Research partners with Greentown Labs

We're excited to announce our new partnership with Greentown Labs, the largest cleantech incubator in North America. This partnership will deepen our connection with Boston's startup community.

Li-ion Battery Innovation Roadmap

The global megatrends toward electrification are undeniable; by 2035, 50% of all vehicles sold will feature an electrified powertrain, and due to their unsurpassed performance, all these electrified powertrains will rely on Li-ion batteries.

Metamaterials will disrupt 5G, autonomy, and connected vehicles

With the imminent rollout in 5G network infrastructure and devices and the subsequent projected growth in connected and autonomous vehicles, metamaterials are becoming viable at just the right time to see rapid growth in these new markets.

Shared Mobility Poised to Disrupt Multitrillion-Dollar Auto Industry

Transportation network companies like Lyft and Uber are no longer startups. The top four ride-hailing companies in the world – Didi, Uber, Lyft, and Grab – have a combined valuation of $166 billion.

Gain First-Mover Advantage with Materials Informatics

Over the past few years, innovation interest in materials informatics has grown exponentially, but materials informatics data challenges require companies to formulate a clear strategy to reap the benefits.

Uncovering Insights in the Upstream Oil & Gas Industry

We are applying this framework to several different industrial settings to help uncover novel insights and guidelines on successful deployment of AI. In this blog, we focus on the upstream oil and gas industry. The following are the use cases that we will analyze using our AI framework.  

The Further Evolution of Open Innovation

Many business publications, as well as many of our clients, state that they have yet to fully harness the idea of open innovation, let alone optimize it...

Asia’s Rise as a Global Autonomous Vehicle Hotbed

To understand the current landscape of Asia’s autonomous vehicle ecosystem, Lux Research identified the key players active in the region and mapped the region’s partnership network.

UNICORN STARTUP CARBON RAISES ANOTHER $260 MILLION

Unicorn startup Carbon raises another $260 million, marking the largest total funding of a private 3D printing company ever.

Budding Opportunities in the $12 Billion Cannabis Industry

As medical and recreational cannabis becomes big business it's becoming high time to pay attention to innovation trends in this developing space.

Identifying Materials Opportunities in Asia’s Evolving Health and Wellness Landscape

We explore how healthcare and the agrifood system in Asia will be driven by digital technologies to become more personalized, more responsive, and more predictive, and what opportunities that creates for materials and chemicals companies.

Venture capitalists are chasing cleantech unicorns, but will they just create another Solyndra?

With Uber's and Lyft's recent IPOs, the discussion of valuations and the coveted unicorn label is making the rounds in the innovation circle again.

5 Emerging technologies for the aging population

Aging-in-place solutions look to support graceful and comfortable aging in familiar surroundings with near term opportunities. There are at least five different digital technologies today that are already finding use cases to support aging-in-place:

#LuxTake: Emerging Challenges & Solutions in AI

In this blog, we will share our #LuxTake on the challenges and emerging solutions in AI. Emerging tools can solve some challenges in implementing AI; however, technology readiness varies greatly. 

Will Tesla Ever Make Money?

Elon Musk's vision for Tesla may not have included profitability when it was founded, its existence is now threatened by its inability to make money.

The Best Time to Form a Materials Informatics Strategy Is Now

The time is now to form a materials informatics (MI) strategy. MI sits at the center of materials innovation, and because of its datacentric nature, whoever invests in it first will gain a significant advantage after overcoming the steep learning curve.

Lux Research Establishes AI's Role in Unleashing Intelligent Sensing

Lux's new report includes a detailed look at market & technology drivers for AI-defined sensors, top use cases & key players by vertical market, & a heat map tracking adoption of sensors across industries.  

Navigating the ai hype: an outcome-focused framework

Companies and decision makers need to be wary about the hype surrounding AI and learn how to best approach artificial intelligence.

LES Global 2019 Highlights: Arij van Berkel

Our Research Director Arij Van Berkel  kicked off this year's Lux Executive Summit Global with the topic of Innovating Innovation, Re-evaluating Roles, Process, and Results.

Is the Food Industry Moving Beyond Meat?

Alternative protein investment, innovation momentum, & product sales are on the rise, but it’s still a difficult space for companies to navigate. Those wishing to maneuver in the alternative protein space need a thoughtful approach.

Speed up your digital health strategy today – your healthcare regulators already are!

Healthcare regulators have been reviewing & revising their guidelines on how to better enable health technology developers to pursue innovation, without having regulations hamper progress.

ENABLING A CIRCULAR ECONOMY

We define a circular economy as converting waste to either a virgin-quality feedstock or another higher-value product. In our recent report, we detail the challenges and opportunities in converting waste to fuels, chemicals, materials, feed, fertilizer, food, cellulose pulp, and carbon black.

How Made in China 2025 will influence the material and chemical industry

Since its launch in 2015, China's strategic plan Made in China 2025 has gathered attention around the globe. It represents China's ambition to shift from the world's factory for cheap and low-quality products to the world's provider of higher-value-added products and services. 

The Final Frontier: Unlocking the Potential of the Commercial Spaceflight Industry

Organizations like Bank of America and Merril Lynch think the potential space market could grow to around $3 trillion USD in the next 20 years. With growth of this size, there is a huge opportunity for new materials and technologies. 

What You Need to Know About Blockchain

While many companies are anxious to implement blockchain, few actually understand the true benefits of blockchain, where it should be used, or what type of blockchain implementation to adopt.

Lux Executive Summit 2019: Speakers Announced

Organizations today face mounting pressure to demonstrate stronger results from their innovation efforts. Now is the time to reassess the methodology behind your innovation processes. 

Biodegradation, Biocomposites, and the Future of Bioplastics in Southeast Asia

Lux recently had the opportunity to give the opening speech at this year's Bioplastics Market Summit in Bangkok, Thailand. 

Lux Executive Summit 2019: Start-Up Showcase Announced

This year's conference will take place over two days in Boston, bringing together executives and global industry thought leaders to discuss best practices for staying on the cutting edge, and experience unparalleled networking opportunities that build the relationships needed to thrive.

Tesla Staggers, Nio Pivots; No Easy Road to EV Mass Adoption

The promise of cheap and convenient electric transportation is shaping up to be more difficult than even the EV leaders realize. 

Hydrogen’s Role in Our Future

The future of a hydrogen economy has long been tied to the transportation sector, where electric vehicles, by far, overtook fuel cell vehicles. Here at Lux, we believe that the roadmap for achieving a hydrogen economy runs through the industrial sector.

Keeping Up with the Top of the Lux 299 Leaderboard

Our clients frequently ask what emerging technologies should be on their radars – and to help answer that on a continuous basis, we recently launched our Lux 299 Top Innovations leaderboard. 

Xyleco: The Next Bio-Based Scam Looking to Cash in on the Sustainability Craze

While Xyleco has been on Lux's radar for a few years due to its immense patent portfolio (see below), there was little evidence of commercialization until it recently came into the spotlight. 

Automotive Battery Trends: Incremental Innovations Featured Heavily at the AABC Europe 2019

This year's AABC Europe conference saw a change in location, moving from Germany to France. As always, the conference was a must-attend event due to the high quality of speakers and the balance of technical and market discussions.

China's Booming AI Industry: What You Need to Know

Not only is China gearing up to lead innovation in fundamental AI technologies but is also rapidly implementing AI in the marketplace. Clearly, this offers significant opportunities as well as poses challenges

Real Tech: Capturing Emerging Innovation Opportunities in Climate and Sustainability

After analyzing thousands of questions submitted to us, and key initiatives shared by hundreds of innovation executives we concur that the climate and sustainability megatrend is a top priority for the world’s largest companies. 

How Ingredient Informatics Are Revolutionizing The Way We Develop Foods

Something we have been talking about at Lux lately is converting weak signals into strong insights. Recently, one space those weak signals have been culminating in is what we call "ingredient informatics" (analogous to materials informatics).

Startup Consolidation Imminent Despite Another Record-Breaking Year for Electric Mobility Investment

Electric mobility venture funding had another record year in 2018, during which Chinese new energy vehicle (NEV) and electric scooter startups raised hundreds of millions in funding and achieved billion-dollar valuations at breakneck speeds.

Single-Use Disposable Cups Are Stacking Up Critics – What's Next?

Single-use paper cups are becoming a growing target of public scrutiny. Large brands that rely on these disposable items, namely fast food joints and coffee shops, have larger environmental concerns with their resource-intensive international supply networks; however, there is no denying that cups are one of the most frequent reminders of a brand’s name.

Emerging Opportunities in the Alternative Proteins Space

The alternative proteins space has garnered a lot of attention in recent years. The consumption of traditional protein sources like meat and seafood has declined, and multiple drivers are encouraging the development of alternative protein sources.

Three Crucial Questions Answered By Deep Tech Experts

We recently presented a webinar on our report “19 for 2019: Top Transformational Technologies Re-shaping the World” to more than 1,300 innovation executives, and we received a lot of thought-provoking questions. 

The Periodic Table of Digital Innovations for the Chemical Industry

We are frequently asked by clients at chemical and material companies what major digital innovations are poised to affect their industry, and we have highlighted four of the most critical digital trends and discussed their impact on the industry's business model.

Applications of Blockchain

Blockchain has a ton of hype, in part due to its link to cryptocurrencies and the hype around them, which has resulted in investments in blockchain reaching an all-time high of more than $12 billion in 2018 and use cases for blockchain sprouting like weeds

What Happens When Digital Transformation Hits Your Industry

There is general agreement that digital transformation is important, but few agree on what it means, particularly for traditional, nondigital industries like energy, automotive, food, and healthcare and their supply chains. 

3 Ways to Form a Materials Informatics Strategy

In recent years, materials informatics (MI) has been evolving into the next secret weapon for materials discovery.