Intelligent Assets
Summary
Big-data driven information for optimizing resource utilization. T, not Q level.
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From https://www.ellenmacarthurfoundation.org/intelligent-assets-unlocking-the-circular-economy-potential
With up to 50 billion connected devices predicted by 2020, a pervasive digital transformation is reshaping the economy. Will this ‘fourth industrial revolution’ lead to an acceleration of the extractive, ‘linear’ economy of today, or will it enable the transition towards a society in which value creation is increasingly decoupled from finite resource consumption?
The report, Intelligent Assets: Unlocking the circular economy potential, finds that pairing circular economy principles with the information generated by intelligent devices creates a fertile ground for innovation that could enable this decoupling, and lead to broad social benefits.