Or structured or organized innovation, they all mean the same to me. Innovation itself is seen as a creative process and one that supposedly cannot be structured. Imagine the speed of trains doubling every 3 years, we would reach from Berlin to Brisbane in minutes. Or fuel efficiency of your car improving by 20% every year, we would be driving forever on a single tank. None of this has happened though but there is one industry, one company that has been disciplined in innovating, innovating with a focus unmatched in any other industry, with almost like a target to keep doubling performance every 2 years.
I’m talking about Intel and Moore’s law. If you’re familiar with Intel, as being more than just a maker of computer chips, you might have heard of Gordon Moore, one of Intel’s founders and his law that he predicted exactly 50 years ago. Gordon Moore predicted that number of electronic components that can be fitted on a computer chip will keep doubling every 2 years. I’ve put it in very simplified terms. But this is partly what has made today’s super-fast computing possible. Computers that used to be the size of room, now fit in our pockets.
I don’t know any other company or industry that can innovate with this discipline and execute to an almost accurate roadmap predicted 50 years ago. Intel is celebrating 50 years of Moore’s Law this week and I couldn’t help but share these amazing infographics prepared by folks at Intel (Source: Intel Press). Click to see larger image –
We’ve come a long way since the time first personal computer was introduced. Where do you see technology going in next 50 years? The evolution has already started, wearable computers, putting intelligence into “things”, trip to Mars.. nothing of this is science fiction anymore.