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The Innovator's Radar newsletter enables you to stay on top of the latest business innovations. Enjoy this week's edition.
Jennifer L. Schenker
Innovator Founder and Editor-in-Chief
 

When Outset Medical, a U.S. medical device company, opened a greenfield factory in Tijuana, Mexico to manufacture dialysis machines it was determined to not only leverage advances in technology but reap the benefits of integrating autonomous systems with human intelligence.

Like most manufacturers Outset was aiming for lower than average labor turnover and transformative levels of increased productivity per worker. It faced the challenge of implementing technology while maintaining regulatory compliance. And, it worried workers would resist tech advances they feared would complicate or replace their jobs.

Outset integrated multiple new technology systems to help manufacture them more efficiently. Then, it empowered its workforce through a citizen developer program called “Tuliperos” which involved operators in the application design process. Each of the new tech applications underwent anywhere from 9-100 revisions based on worker feedback. This not only reduced the tension between automation and autonomy but resulted in significant improvements, says Marc Nash, Offset’s senior vice-president of operations and R&D.

By adopting new technology and involving the workforce in the process Offset was able to increase production capacity by 170% within nine months, says Nash. What’s more employee retention is 50% higher than the regional average, he says.

Outset is an example of the benefits of becoming a “learning organization,” says Natan Linder, co-founder and CEO of Tulip, a frontline operations platform, and co-chair of the World Economic Forum’s Advanced Manufacturing Industry Governors Community. 

The benefits of becoming a learning organization were highlighted in a recently published white paper that outlines the Forum’s efforts to create what it calls the Lighthouse Operating System, a next-generation industrial operating system that distills the lessons of the world’s leading manufacturing sites into an actionable framework for the entire sector.

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 -   I N T E R V I E W  O F  T H E  W E E K  -

Laurent Lafaye, Data Economy Expert
 
Who: Laurent Lafaye, a French entrepreneur and co-CEO of Dawex has a recognized track record in the field of the data economy and regularly speaks to decision-makers about the creation of data ecosystems and data spaces, and the challenges of data circulation, from data trading to developing data hubs and data marketplaces. 

Topic: Europe’s data economy and what the Continent can learn from China.
 
Quote: "In my view recognizing data as a tangible asset would help accelerate the development of both data privacy and data ecosystems. Once data has a tangible value there is a much stronger incentive to protect it and, particularly in the case of industrial data, to exchange it in ways that can further enhance its value."
 
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 -  S T A R T U P  O F  T H E  W E E K  -

MacroCarbon, a startup based in the Canary Islands, is using floating seaweed to develop a range of carbon-negative drop-in replacements for fossil fuel-based aviation fuels, plastic precursors, and chemical inputs, with the aim of reducing global dependence on fossil carbon, while sequestering carbon for the long term.

“MarcoCarbon’s integrated system is designed to support a global, seaweed-based, sustainable bioeconomy, helping to replace fossil fuels and combat climate change,” says marine biologist Dr. Mar Fernández Méndez, the Spanish startup’s CEO and co-founder.

The company was created after Fernández Méndez won a pan-European Carbon To Value challenge run by SPRIND, the German government’s Agency For Breakthrough Innovation.

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 -  N U M B E R  O F  T H E  W E E K -

£100 Million
Amount retailer Marks & Spencer could claim for losses from its cyber insurers following a sustained hack where some customer data was stolen. Allianz and cyber specialist Beazley are among the insurers exposed to losses at the FTSE 100 retailer, sources told The Financial Times. M&S admitted for the first time this week that some personal customer data was stolen as part of the cyber attack that has left the retailer unable to accept online orders for almost three weeks. The retailer told customers this “could include contact details, date of birth and online order history” but it “does not include usable card or payment details” or account passwords. The company will report its full-year results next week and is expected to update the market on the consequences of the hack. The Financial Times reported that the retailer may have lost revenues to date totaling more than £60 million based on extrapolation of its average daily online sales. The attack on its systems also left M&S struggling to keep shelves stocked in some food stores, which has probably reduced sales further.

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 -  W H A T  T O  K N O W  -  

The world's first commercial-scale e-methanol plant began operations in Denmark on May 13, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships. Meanwhile, Switzerland's Lake Lucerne Navigation Company used solar fuel to power a steamboat. The solar fuel comes from cleantech scale-up Synhelion's first production plant DAWN in Jülich, Germany, which has been producing sustainable, synthetic fuels on an industrial scale since last summer. The navigation company plans to regularly purchase solar fuel from Synhelion in the future and has already signed a five-year off-take agreement, according to the press release.

 

 -  E V E N T S  -  

The Innovator's Editor-in-Chief Will Be Moderating At The Following Events:
 
  • VivaTech, June 11-14, Paris, France
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