A New Doorway to Opportunities

Why is it a megatrend?

• Permissioned blockchain provides an additional access control layer, paving the way for a role-based access system; the solution is synonymous with enterprise blockchain.
• It enables businesses to leverage the decentralized data system, secure ledger and proof of transactions features of blockchain networks, alongside mitigating data security and unauthorized access issues.
• Platforms such as Etherium, Ripple and Hyperledger Fabric have initiated the implementation of permissioned ledger in their solutions.

Who benefits?

• Streaming companies, healthcare industry and financial institutions are among the first movers in utilizing permissioned blockchain; it ensures security of transaction/customer record (identity management).
• Shipping and logistics companies are increasingly adopting the enterprise blockchain application for electronic bill of lading.
• Real estate marketplaces use permissioned blockchain to maintain a decentralized asset title registry and provide prompt service.

Why is it a megatrend?

• Digital blockchain tokens (NFTs), utilizing the concept of ‘uniqueness’, create ownership proxies for digital/physical assets such as art, music, and real estate.
• NFTs leverage “digital scarcity” to ensure “collectible” status whilst unique tokens ensure secured trading; NFT marketplaces facilitate transactions/trading of such tokens
• NFTs enable parallel solutions such as ‘blockchain domains’. Domain owners are provided with customization options for unique domain names, which makes trading secure.

Who benefits?

• Organizations operating in the collectibles market (digitalizing collectibles), esports (in-game purchases), asset management firms (tokenization of real estate), utilities and sports management companies are likely to benefit.
• Media houses/digital content creators could use NFTs for enforcing ‘digital rights management’. NFTs address online piracy issues and include traceability solutions to detect digital rights violation.

Why is it a megatrend?

• In future, vehicles would serve as not only a tool of mobility but also an intermittent unit of energy storage.
• Energy storage cost reached USD 137 per kilowatt-hours (KWh) in 2020 but is anticipated to drop below USD 100 per KWh in 2023.
• With the aim of minimizing dependence on centralized grids and driving microgrid implementation, the US, Japan, the UK, and Denmark are deploying vehicle-to-grid (V2G) systems. In addition, over 10 universities and companies are conducting research in this domain, with Nissan, Enel, E.ON, and Edison in the lead.

Who benefits?

• Vehicle owners, utility companies, and charging station owners would be the main beneficiaries of V2G.
• Leveraging their customer handling expertise, telecom companies could aid in information transfer and launch innovative business models to help strike a deal between vehicles owners and utility players.
• The tourism industry may explore the business by offering competitive V2G plans to customers.

Why is it a megatrend?

• Power trading entails the selling and purchasing of power between participants in the energy industry. Power trading is expected to shift from wholesale to retail trading, centralized to P2P structure, and hour-ahead system to near real-time tradable block system.
• Real-time trading offers flexibility to bulk generators to sell power in the spot market, reduce input costs for distributors, and allow small prosumers to participate in power trading.
• In India, PXIL and IEX have launched near real-time (15-minute slots) for electricity transactions, which could be less than 5-minute slots in future. Other countries are expected to follow suit in the short term.
• Involvement of private players; allowance of P2P trading; growth in renewables, V2G, pumped storage, and IoT; and flexibility to hydro/coal generators are factors forecast to drive real-time trading.

Who benefits?

• Small power prosumers, wholesale generators, and distributers would be the major beneficiaries of real-time trading.

Why is it a megatrend?

• Stem cells can divide and differentiate into any cell and neuron, providing structural and functional reparation and regeneration of tissues and organs; this enables treatment of any wound, clinical condition, and disease (e.g., degeneration, congenital, and age-related), with considerably less organ rejections and medicinal/surgical side-effects and complications.
• Driven by rising awareness and support, stem cells are being used for developing and testing various applications such as cell differentiation, tissue regeneration, disease modeling, and screening for non-cell-based therapeutic agents.

Who benefits?

• Stem cells provide patients with minimally invasive, quicker treatments and high recovery rates which, overall, leads to potentially faster and better long-term clinical outcomes.
• Reduction in tissue and organ transplantation would significantly reduce the burden on healthcare services while the government can achieve cost-cutting benefit to the healthcare budget.

Why is it a megatrend?

• Wounded and damaged tissues and organs can be functionally repaired using a combination of biological, synthetic, or semi-synthetic bioengineering materials with biochemical factors and target cells.
• Tissue engineering is a potential alternative to surgical reconstruction and can replace tissue and organ transplantation by creating complex layers of tissue and whole organs through novel approaches such as 3D bioprinting and medical automation technologies.
• Tissue engineering can also be combined with other strategies, i.e., cell or gene therapy, to induce in vivo tissue and organ regeneration

Who benefits?

• Tissue engineering is considered an ideal medical treatment for patients as it can easily restore, maintain, and improve damaged tissues and whole organs. Artificial skin and cartilage are prime examples of engineered tissues that have been approved by the FDA.
• Biotechnology companies use tissue engineering to help screen medication and provide key tools for facilitating personalized medicine for treatments in neurology, cardiology, gynecology, spine, etc.

Why is it a megatrend?

• OOAC, also known as multi-channel 3D microfluidic cell culture chip, is an in vitro miniature tissue or organ that monitors the functionality, behaviour, and response of tissues and organs at cellular and molecular levels. OOAC finds applications in neural, musculoskeletal, lung, vascular, kidney, and heart regeneration.
• By providing a biologically relevant microenvironment for cell and tissue culture, OOAC enables chemical and mechanical signaling, real-time analysis, and eases the use of biomaterials and hydrogels as tissue constructs to heal wounds and streamline stem cell engineering.

Who benefits?

• OOAC benefits patients and healthcare practitioners as it is key to developing normal tissues and monitoring disease progression (e.g., cancer, fibrosis, and osteoarthritis). Healthcare facilities and payers can also achieve guaranteed results and save time and money spent on referrals, transplantation, and drugs as OOAC can mimic the internal biological functioning to produce a controlled environment to culture cells and tissues for organ, tissue, and cell regeneration.

Why is it a megatrend?

• Dedicated care coordination IT (CCIT) is leading to a shift in medical services from a fee-for-service model to a value-based care model using solutions that facilitate data mining and analytics, interoperability, normalization, and visualization of healthcare data.
• Payors are driving this initiative by self-developing a CCIT platform, partnering with hospital chains, or acquiring accountable care organizations (ACOs).
• Successful implementation of CCIT is expected to minimize unnecessary treatments, readmissions, and treatment redundancies.

Who benefits?

• With CCIT, payors and providers can tap the hundreds of billions of US dollars worth of lost opportunities during referrals.
• Patients receive risk-free value-based care with >5% less chance of readmissions, while employers get a healthier, productive workforce and improved predictability on their insurance expenditure.

Why is it a megatrend?

• Digital therapeutics (DTx) is on its way to redefine the treatment paradigm by addressing concerns over improved healthcare access at a lower cost with little impact to the quality of care.
• Companies in the healthcare ecosystem have been working on DTx solutions to differentiate between pipeline and inline assets, extend the product lifecycle, and gain a definite edge over the competition.
• Successful implementation of the Software Precertification Pilot Program by FDA could accelerate the introduction of DTx solutions as drug complements that create value across the healthcare.

Who benefits?

• With DTx, pharma companies can drive revenue and solidify their position. Technology companies can partner with pharma entities to deliver transformational innovation, while health providers and payers can achieve better clinical outcomes and minimize medical interventions.

Why is it a megatrend?

• Demand for renewable energy (solar photovoltaic cells, wind turbines and fuel cells) is increasing at 5% CAGR, constituting 13% of the global demand for energy. In this scenario, demand as well as adoption of DERs has risen, as these have emerged as a cost-effective and scalable model for grid distribution of renewable energy.
• DERs are enhanced versions to the traditional power grid and can support an entire power distribution system. It is estimated to endure 387 GW by 2025, driven by USD 110.3 bn in cumulative investment between 2020 and 2025.
• Lately, besides paving the way for decentralization, DERs also facilitate complex energy conversions. This helps distributors to provide dynamic pricing for solutions, based on efficiency and environmental protection.

Who benefits?

• DER may help reduce the cost of improving power system, thereby capping the overall cost of supply for distributors.
• Consumers who install DER units may incur lower charges for electricity with more reliable connectivity.

Why is it a megatrend?

• As one of the major components of smart grid, SAS provides control, automation, and communication capabilities to the grid ecosystem.
• Process Bus, a recent SAS innovation, interconnects devices at bay level with those at process levels. With this, the conventional copper wires will be replaced by fiber optic cables, facilitating the implementation of asset condition-monitoring systems through predictive maintenance.
• The Process Bus technology would increase the efficiency of substations by paving the way for integration of cost-effective hardware and artificial intelligence (AI)-based management in the system.

Who benefits?

• It would help power stations to optimize assets and reduce operational costs in the long term.
• It would help consumers by ensuring better supply of power. Leveraging SAS’s prediction mechanism, consumers can prepare for outages and mishaps by adjusting power consumption.

Why is it a megatrend?

• The insurance industry is transitioning from “detect and repair” to “predict and prevent” model through AI solutions, which would aid in reshaping insurance products, claims, distribution, and underwriting.
• Insurers are pushing the use of AI by providing on-demand insurance products, enabling people to buy life insurance with a selfie or auto/car insurance with pictures.
• By 2025, the insurance industry is anticipated to be ~25% automated. The adoption of AI and machine learning techniques is likely to further automate 50–60% of back-office processes.

Who benefits?

• Claim processing time is likely to be reduced significantly through advanced algorithms, enabling customers to get easy claims via automated customer service applications.
• AI in insurance eliminates contract processing and payment verification, thereby reducing customer acquisition costs for insurers.

Why is it a megatrend?

• BaaP facilitates third-party developers in building IT architecture (products) and services for financial institutions and banking customers.
• It is gaining traction worldwide, with regulations such as UPI (India), PSD2 (Europe), and CMA (The UK) stimulating innovation, competition, and transparency among companies.
• BaaP runs on very low operating costs, helping both banks and end-consumers save costs. Also, Open Banking APIs help cater to multiple customers in any part of the world through personalized insights.

Who benefits?

• BaaP would make banking/financial services and payments much safer, faster, flexible, and in control of consumers.
• It will likely enable banks and financial institutions to tap into under-penetrated markets with lower capital costs and innovative product and service offerings.

Why is it a megatrend?

• Bioelectronic medicine, which encompasses neurostimulation and neuromodulation devices, provides a permanent and effective solution for patients with chronic pain, depression, epilepsy, sleep disorders, mood disorders, movement disorders (i.e., Parkinson’s Disease and Amyotrophic Lateral Sclerosis) as it can alter neuronal activity in target regions to improve overall functionality and alleviate symptoms.
• Current pharmacological interventions only provide temporary symptomatic relief and cause side effects. As a result, healthcare providers and patients are eager to transition to bioelectronic medicine.

Who benefits?

• Due to the increasing prevalence of neurological disorders, health technology startups, medical device firms, and pharma companies are expected to witness demand for bioelectronic medicine.
• Healthcare providers and payers achieve effective, long-term value-based healthcare, with the ability to save millions of dollars spent on drugs and referrals.

Why is it a megatrend?

• Brain-computer interface (BCI) treats motor paralysis (e.g., paraplegia or quadriplegia) due to stroke, spinal cord injury, cerebral palsy, and amyotrophic lateral sclerosis by transmitting signals between the brain and any peripheral device or attachment.
• It can capture and translate facial expressions, emotional states, desires/necessities, and conscious intentions to design customized experiences and therapies.
• BCI can extends its application to not only reconnect but also enhance physical and cognitive abilities.

Who benefits?

• Patients benefit from the high possibility of regaining control of the motor, sensory, and/or cognitive system and enhancing experience.
• From long-term rehabilitation to specific usability programming, demand for services from healthcare institutions and medical device manufacturers is likely to grow significantly.

Why is it a megatrend?

• Wireless brain sensors protect patients with sleep disorders, brain injuries, dementia, Parkinson’s disease, epilepsy, and other conditions from emergency situations by determining intracranial pressure, temperature, pH, flow rates, and by measuring brain waves.
• As the future of neurodiagnostics, wireless brain sensors enable concurrent and naturalistic examination of biochemical and electrophysiological indicators in multiple regions of the brain.

Who benefits?

• Healthcare practitioners and patients benefit from rapid diagnosis and consultation with reduced admissions, referrals, and wait time in association with telemedicine platforms.
• Service providers can connect their technology to smart wearables, enabling widespread adoption. Wireless brain sensors could also help insurance companies in determining access plans.

Why is it a megatrend?

• Digital twin is a virtual replica of a real-world physical entity such as the manufacturing process, product, or supply chain, which is fed with real data.
• With the evolution and penetration of smart technologies, such as industrial IoT, cloud computing, AI, and ML, digital twin is more relevant and is a more powerful tool for manufacturers.
• The digital twin technology can be deployed at various levels in the manufacturing environment, right from the component or asset level to system or process level.

Who benefits?

• Almost all manufacturing companies can benefit from the digital twin technology by modeling, simulating, predicting, and adapting processes and operations
• Unilever implemented digital twins of its factory to fine tune operations and improve overall productivity through optimization.
• Kaeser transformed its business to a service model by implementing a digital twin of its air compressors by monitoring compressor usage.
• Volvo is using a digital twin of its production plant to shorten lead time.

Why is it a megatrend?

• The trend of AR (superimposing a computer-generated image onto a real-world view) and VR (computer-generated interactive simulation with 3D view) is becoming more relevant in the post-pandemic era.
• A recent survey reports that 56% of organizations have implemented some form of AR/VR technology, and another 35% are planning to follow suit.
• AR/VR technology can impact various functions across an organization, such as product design, assembly and quality control, maintenance, training, and can considerably simplify manual work.

Who benefits?

• A variety of industries can enhance their product design, production process, and training activities by implementing AR/VR.
• Nestle has deployed AR to remotely support its production and R&D sites during the pandemic.
• Boeing managed to reduce job time by 30% and improve quality by 90% with the implementation of AR in electric wiring installation operation.
• Schneider Electric is using AR smart glasses to assist workers with equipment troubleshooting, maintenance, and repair.

Why is it a megatrend?

USD 8.5 billion in annual investments over 2015–20:

• Autonomous technology cuts across five key stages: Driver Assistance, Partial Automation (ADAS), Conditional Automation, High Automation, and Full Automation.
• By 2020, all major OEMs started investing in autonomous technology to unlock self-driving cars and change their business models. This has resulted in over 80 new major partnerships across the automotive industry.

Revolutionizing the concept of vehicles:

• Car manufacturers and technology companies are pursuing new models to transform into car-as-a-service. This has resulted in over 500 new startups boosting global economies.

Key governments facilitating transition:

• From designing laws to allowing live tests, key government bodies are helping in accelerating the development of autonomous solutions.

Who would benefit?

Car manufacturers and mobility service providers:

• New revenue potential through software and car-as-a-service

Technology companies:

• Access to automotive industry, which has been traditionally untapped

Governments and consumers:

• Car becomes a service, thus introducing new payment and ownership options
• Enhanced safety, with potential to enable ZERO accidents

Why is it a megatrend?

USD10.5 billion in annual investments over 2015–20:

• All major OEMs are funding shared mobility business and concepts to enable a disruptive transformation of use of cars. This is resulting in new revenue opportunities for OEMs.

Combining autonomous and electrification solutions to enhance realization:

• Shared mobility companies are actively partnering with several stakeholders to accelerate the adoption of autonomous and electrification solutions to substantially increase their profitability.

Governments and consumers expected to push adoption:

• To curb pollution and congestion globally, governments are designing policies to discourage the use of private vehicles.
• Consumers are realizing the economic benefits of adopting shared mobility services, thus increasing the overall demand.

Who would benefit?

Car manufacturers:

• New channels of revenue to supplement profitability and improve customer experience and base

Governments and consumers:

• Increasing focus to enhance overall economic value from automotive and transportation industries

Startups:

• Low barriers to entry, enabling startups to develop new and innovative business models

Why is it a megatrend?

8/10 OEMs actively focusing on dedicated platforms for EVs:

• Over 345 new EV models are expected to be launched by 2030 from existing OEMs and new entrants. This would increase the EV to ICE new model launch ratio.
• Substantial reduction in battery prices (accounting for ~35% of vehicle costs) by 2035 is expected to accelerate the adoption of EVs.

Low barriers enabling new entrants to the market:

• Over 70 new startups are developing EV solutions, as the reduced complexity of system designs is eliminating the traditional barriers to entry.

Tier I companies developing innovative products and solutions:

• BEV adoption is reducing the overall parts supply to OEMs from 2,000 to 20 moving parts in powertrain systems alone. This has forced Tier I suppliers to transition from parts suppliers to integrated solution partners.

Key governments targeting complete transition to EVs:

• To meet CO₂ targets and enhance the quality of air, governments are developing laws and schemes that rapidly increase the adoption of EVs.

Who would benefit?

Car manufacturers and suppliers:

• Reducing battery prices and parts per vehicle, enabling OEMs and Tier I companies to reinvest their savings to enhance consumer value and realize higher profitability

Governments and Consumers:

• Reducing oil dependency, improved air quality, and reduced ownership costs

Why is it a megatrend?

• Remote diagnostics and cloud diagnostics facilitate real-time monitoring of vehicle health. It is done using 3G, 4G or Wi-Fi-based platforms that operate and record information on vehicle maintenance. The data is further analyzed by computers for taking corrective measures.
• Major OEMs and diagnostics tool providers are researching, developing and deploying the solutions to increase their aftermarket service share.
• Autonomous vehicles and connected vehicles, expected to increase in future, would have remote and cloud diagnostics by default.

Who benefits?

• Fleet managers and vehicle owners are the direct beneficiaries of innovation in remote & cloud diagnostics. Over the air updates and real-time notifications help them in taking better care of vehicles.
• It could provide OEMs with a new channel for revenue if they charge aftermarket service providers for sharing vehicle diagnostics data. Also, OEMs could increase their aftermarket service share by deploying software and restricting the diagnostics data.

Why is it a megatrend?

• Companies are moving from the linear model of “take, make, and throw away” to a circular closed-loop model wherein materials captured at the end of life are reused and refurbished.
• The circular model is beneficial compared to the linear model as it reduces environmental impact, provides protection against raw material price volatility, meets regulation standards, lowers production cost, etc.
• The adoption of a circular closed-loop model is supported by the new business delivery model (such as refill and reuse or rent and recommence) and technology (including recycling technology).
• Before switching to the closed-loop model, companies should compare the cost benefits with the potential costs of reverse logistics.

Who benefits?

• The circular closed-loop model will enable organizations to reduce manufacturing costs in the long run; entities involved in downstream operations (distributors and wholesale retailers) in the supply chain can partner with manufacturers to re-collect materials.

Why is it a megatrend?

• The supply chain disruption (specifically for companies with vendors based in different geographical locations) caused by the spread of COVID-19 is encouraging companies to focus on supply base localization/regionalization to make their supply chain more robust.
• As a step toward localization of the supply base, organizations are building near-shore capabilities, including identifying and mapping local/nearby suppliers, as well as, analyzing cost differences between near-shore and off-shore suppliers and identifying the potential synergies to reduce near-shore cost of sourcing.

Who benefits?

• With supply base localization, organizations are expected to have more control over the supply chain which would make the chain more resilient; local/regional suppliers can partner with organizations to create more jobs and improve regional/local economic conditions.

Why is it a megatrend?

• Companies are focusing on supply chain digitization to avail themselves of benefits such as improved customer service, cost savings through operational efficiency and increase in revenue.
• In wake of the COVID-19 crisis, companies plan to increase their investments in supply chain digitization.
• Organizations across the world are now adopting digital tools such as artificial intelligence, machine learning, and blockchain across the procurement process that includes market intelligence, contract management, invoicing, and supplier management, among others.

Who benefits?

• With supply chain digitization, organizations are expected to have more control over the supply chain which would make the chain more resilient; technology suppliers can partner with organizations to support them.

Why is it a megatrend?

• Molecular diagnostics tests detect biomarkers that provide information regarding a patient’s health condition. Advancement in understanding the effect of genetic alterations has offered better patient care based on their unique molecular profile. Currently, over 60,000 genetic tests are available in the market.
• Molecular diagnostics, as an integrative aspect of healthcare routines, has become the gold standard for the identification of infectious diseases. Further research is being conducted in other areas such as cancer, genetic screening, and women’s health.

Who benefits?

• Low cost for sequencing entire genomes and wide availability of the tests aid in the early identification of infections and thus helps healthcare clinicians and virologists in diagnosing diseases.
• Molecular diagnostics empowers the use of accurate and highly effective therapies, thus benefiting patients and payors by achieving better health outcomes and reducing hospital visits.

Why is it a megatrend?

• Next-generation sequencing (NGS) enables the rapid characterization of individual biological profiles and selection of precise curative treatment. The applications of NGS have also expanded into the development of novel targeted drugs.
• NGS technologies have evolved in terms of resolution and accuracy, sequencing speed, throughput, and cost-effectiveness in genomic analysis. Further advancements enabling its implementation to rapidly obtain whole genome sequencing, RNA sequencing, and exome sequencing would aid in the characterization of all diseases.

Who benefits?

• Healthcare facilities (hospitals, laboratories, clinics), patients, and payors would achieve low-cost, fast, highly sensitive tool to detect a range of diseases. This would eliminate the need for multiple tests to accurately identify causative factors of various diseases, especially cancer.

Why is it a megatrend?

• One of the biggest technology enablers of personalized medicine is big data analytics, comprising several computational models that allow physicians to organize data, recognize patterns, and interpret results.
• A prime example is electronic patient health record (EHR) which is the main source of big data containing large-scale information on genetics, diagnosis, treatments, and other relevant information of patients.
• New technological advancements such as mHealth, Internet of Things (IoT), and wearables are triggering the demand for the integration of big data analytics in healthcare.

Who benefits?

• Healthcare service providers and practitioners can easily define diagnostic findings and quickly comprehend large amounts of data.
• By analyzing patient data and enabling correct physician-patient connections, patients would benefit from reduced referrals and receive enhanced clinical outcomes.

Why is it a megatrend?

• Pharmacogenomics plays two major roles in precision medicine. First, it guides healthcare practitioners to select the optimal drug and its dosage for patients based on their genetic make-up to avoid adverse drug reactions and maximize drug efficacy. Second, it guides pharmaceutical companies throughout drug discovery and development by understanding pharmacodynamics, pharmacokinetics, and biochemical and physiological response to drugs.
• Several targeted therapeutics that benefit subpopulations of patients are being identified and labelled on products.

Who benefits?

• Patients receive better-targeted therapies, hence improving clinical outcomes, decreasing side-effects, and reducing the number of medications and duration of treatment.
• Pharmaceutical companies would benefit from the reduced number of failed drug trials and time taken for drug approval, and thus, would achieve eventual reduction in cost of R&D and clinical trials.

Why is it a megatrend?

• Connected with the trends such as AR/VR, AI, and advanced drug delivery, smart materials would play a significant role in the technology development. These materials are characterized by their unique stimuli-response characteristics and they can find utility in various sensing and actuation processes.
• A broad range of smart materials (electroactive, photo-sensitive, heat sensitive, etc.) offers plenty of alternatives for selecting the most suitable one for the purpose. Although various technologies are at different stages of development, the most advanced ones are visible in the industries such as electronics, AR/VR, and medical.

Who benefits?

• Material manufacturers, sensor and device manufacturers, end-product manufacturers in medical, electronics and home appliances.

Why is it a megatrend?

• As polymer composites have already been recognized for their unique advantages such as superior strength and lighter weight, demand for these materials is continuously unfolding in various existing and new applications.
• On the other hand, polymer composites have also started witnessing the impact of sustainability movement where sustainable alternatives to the traditional polymers and reinforcements are being developed.

Who benefits?

• End-use industries such as automotive, sports, non-durable consumer goods, building and construction, composite manufacturers, etc.

Why is it a megatrend?

• Tiny Machine Learning (TinyML) deploys neural networks by downsizing the technology on microcontrollers, implementing ML, but on smaller devices, with less costs, energy and without internet connection.
• TinyML has gained traction recently due to its ability to improve IoT applications by making them energy-efficient, reduce latency, and improve data privacy and security
• The broad tailwinds of IoT have been the key drivers of microcontroller growth. TinyML on microcontrollers provides advanced opportunities for analyzing and making sense of the enormous data generated by the IoT.

Who benefits?

• Industries such as manufacturing, healthcare, retail, and agriculture have recognized the value of TinyML.
• Other core ecosystem participants such as chipset manufacturers, developers, and cloud players need to work together facilitate rapid development in IoT applications.

Why is it a megatrend?

• Two of the most significant challenges for IoT devices today are energy efficiency and short battery life, which limits their utility.
• Small/nano devices require less power to operate as miniaturization paves the way for IoNT, where power consumption is reduced by the order of magnitude to microwatts, nanowatts, and picowatt, and the devices become more functional.
• Autonomous and embedded sensors, through a combination of micro and nano system technologies, would revolutionize self-powered, high bandwidth devices that are used for advance manufacturing (AM), artificial intelligence (AI) and IoT.

Who benefits?

• The integration of nanotechnology and IoT would benefit healthcare (body sensor networks), smart homes (nano sensors), food and agriculture, telecom and IT, and environmental monitoring.