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Matching Tag: Innovation


Today, there is a significant shift from selling what exists to imagining what’s next. Fifty years ago, the life expectancy of a Fortune 500 firm was around 75 years. Currently, it is less than 15 years and declining rapidly. Dynamic change and a disruptive consumer-oriented market economy are fueling these changes. Today, even the largest companies risk being marginalized, commoditized or disrupted in other ways. As well-funded startups and risk-embracing players seek to challenge prevailing paradigms and alter long-standing models, innovation has become critical, not merely to growth but to survival.

U.S. Sen. Gary Peters paid a visit to Automation Alley on Monday to discuss the future of mobility in Michigan, our opportunity to be a global leader in the development of autonomous vehicles, and the challenges we face with stiff national and international competition.

Sarah Schmid Stevenson, editor of Xconomy Detroit/Ann Arbor, takes a closer look at Automation Alley, the progress we have made as an organization since our founding nearly 20 years ago, and how the recent boom in autonomous technology has affected our long-term strategy. 

Sheryl Connelly says she can’t predict the future. Rather, her job at Ford is to help the organization prevent “strategic surprise.” To expect the unexpected. In this Q-and-A, Connelly discusses what led her down this interesting career path, the types of trends she’s forecasting, and how those trends are impacting decisions at Ford. 

You can hear more from Connelly at Automation Alley’s 16th Annual Awards Gala on Oct. 14 at the Detroit Yacht Club, where she will discuss current trends that are shaping our future. 

How virtual reality is leveraging technology to drive business

By Jason Vazzano | Vectorform | 9/21/2016

Business transformation and innovation are key to remaining competitive in the global marketplace. Recent research shows almost half of all CEOs expect their organizations will be significantly transformed by 2020. That’s why companies wanting to succeed need to embrace and implement both disruptive thinking and disruptive technology not only when developing new products and services, but also when transforming their business processes. By doing this, they can increase their agility, as well as drive rapid and cost-effective innovation and growth.

How virtual reality can transform every business

By Vinh Chu | PIXO Group | 5/18/2016

Virtual reality is entering the marketplace at a rapid pace, with technological improvements driving down cost and increasing quality. The barricades to entering VR are not as monumentally expensive or difficult as one might think. 

We all know that STEM education is the foundation of a competitive workforce, and keeping our students excited and engaged in science, technology, engineering, and math is critical to the future of our economy, both locally and nationally.

Southeast Michigan: The best place to grow your tech career

By Automation Alley Staff | Automation Alley | 2/24/2016

A situation at Yelp this week has shined a national spotlight on the cost of living disparity across America’s major technology hubs, and it highlights the hardships faced by many employees who are struggling to make ends meet while working and living in the country’s most expensive cities. According to Automation Alley’s 2016 Technology Industry Report, there is one major U.S. city where the technology industry is thriving, and its employees can enjoy a high standard of living: Detroit. 

Automation Alley 2015 Year in Review

By Automation Alley Staff | Automation Alley | 2/10/2016

Today we are excited to release our Annual Report to share with you our 2015 accomplishments and growth as an organization in the areas of international business, entrepreneurship, talent development, defense and advanced manufacturing. 

Five characteristics of winning innovators

By Lisa Vallee-Smith | Airfoil Group | 11/18/2015

Innovation is an equal-opportunity phenomenon. The public and the media tend to restrict the term “innovative companies” to startups from Silicon Valley and the Northwest, but business leaders in Seattle aren’t the only ones who go sleepless developing great ideas into great brands. 

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