"Old-economy industries" are those that have traditionally been central to global economies, characterized by a focus on physical products, large-scale production, and manual labor. Examples include manufacturing, agriculture, energy, and mining.
Posts tagged as “Internet of Things (IoT)”
Technology is no longer just a support function—it has become the backbone of how businesses operate, compete, and grow. From artificial intelligence to cloud computing and automation, organizations are reimagining the way they conduct their day-to-day operations.
The most common opportunities for startups are in industries experiencing rapid growth and transformation, often driven by technological advancements.
Digital manufacturing is a cornerstone of modern manufacturing that integrates computer systems and digital technologies into every stage of the product lifecycle—from design and production to distribution and service.
Advanced manufacturing is a modern approach to producing goods that leverages innovative technologies to improve efficiency, productivity, and competitiveness.
It gives companies a complete, end-to-end view of the movement of goods, from the moment raw materials are sourced to the final delivery to the customer.
Production control systems are the backbone of modern manufacturing, ensuring that products are made efficiently and meet quality standards.
In today's interconnected world, the concept of a global supply chain has become central to the functioning of modern economies.
Improving production efficiency is crucial for businesses to reduce costs, increase output, and remain competitive.
Agile manufacturing is a modern production philosophy that prioritizes speed, flexibility, and customer responsiveness over the traditional focus on mass production efficiency.
Production management is the process of planning, organizing, directing, and controlling the activities involved in converting raw materials and resources (like labor, machines, and money) into finished goods or services.
Interfacing technologies are software and hardware solutions that enable communication and interaction between two or more different systems, devices, or components.
Once largely associated with cryptocurrencies like Bitcoin, blockchain technology has matured significantly, moving from a niche concept to a powerful tool with profound implications for diverse industries.
These assets will transcend the traditional definitions of "physical property" or "capital" and instead focus on digital, decentralized, and intangible forms.
In recent years, "re-industrialization" has emerged as a key concept in the economic and policy discussions around the future of global economies.