Smart technologies ‘triggering innovation’

New technologies such as drones, smart machines, artificial intelligence and wearables are growing at an accelerating pace, triggering disruptive innovations in both information and non-information based industries, a top official said.“As we move from the scarcity economy to the economy of abundance, technologies such as cloud, big data, analytics and Internet of Things will change the way companies operate. Information will come not only from people, but from things,” added Salvador Anglada, chief business officer at UAE-based telecom group Etisalat.He was delivering his keynote address at the recent Global Innovation Summit 2015 in Dubai, UAE.New technologies are creating new business models and new ways of competing, he added, noting that these developments are sparking the collaborative economy.Anglada cited three major factors that spark big change and create disruption.“First, the price…

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