| © 2009 |
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| INNOVATION & RESEARCH |
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Today, technology importation (patents, technical assistance, surveys) cost an average of 20 billions of dollars each year to the Arabian Gulf. For the last two decade, an estimate of 200 billions of dollars of global technological pruchase. Instead of buying technology at a very high price from abroad, why not get the chance to develop it directly through the Arabian Gulf countries ?
The main idea is to create new companies, modeling as start-up, targeting niche technology markets in the field of energy, recycling and environment.
Lacking of financial means and technology endorsement, European researcher faced strong difficulty in being anchored into a comprehensive financial plan ! Because each innovation requires time, validation tests, references and a pilot unit implementation, many abandoned their project at the halfway.
Why not help them and at the same time, taking hold of this technology ?
Long seen as the world super giant oilfield, Arabian Gulf will targeting the goal to be one of its laboratories. For instance, R & D is now 1.57% of the Saudi GDP, next decade an appreciable commitment is to reach 3 %.
The Arabian Gulf technological power assertion could be based on developing projects with no immediate profitability.
Because world wide financial situation increasing incertainty, long term technology project regain the investors attention. Opening the door to inventors, giving them the chance to use extensively their skills to configure new products and expertise.
Targeting the fields of renewable energy and environmental markets where demand is growing oriented, the return of investment (ROI) could be substantial in terms of revenue and corporate reputation. Moreover, this approach would give birth to companies able to commercialize patents and the technologies once developed. Companies share capital breakdown will be mainly keep by the Arabian Gulf.
Because innovation is part of all firms competitiveness, selling technological solutions means also cash !
Instead of being the leading recipient of technology transfers, why nor selling them ?
In addition, this approach will pave the way for new markets. Because technology is a key access to market, that’s a double win win project. Having the right technology, Saudis investment fund could take hold of small companies able to reinforce its commercial scope and ROI attractiveness.
History teaches us that the rise of civilizations flourished in the context of technology control.
Having them in our hand, we could control better our destiny and secure the world improvement.
In this context, ITgium (Identified Technologies Energium) will support the creation of innovative technologies companies.
ITGIUM GREEN REVOLUTION The current state of the world economy is certainly troubling, particularly in light of the heavy losses on the financial markets. Enormous government bail outs make you wonder where all the government money comes from to prop up these failing ventures, and whether there will be any money left over for important investments that could add renewed vitality to the economy.
There’s widespread call for investments in areas that both benefit our planet and our economy. The move toward clean energy technology and the need for infrastructure spending are both issues that have become entwined into for the coming years. The overall objectives of a green revolution, as stated by Thomas Friedman, are toward innovation to respark the economy while benefitting our planet. Any debate about such an investment should be fought on the basis of global priorities. There’s a recent quote in the press from Steven Hawking who was defending the $8 billion investment in the Large Hadron Collider as well as the space program, “If the human race cannot afford this, then it doesn’t deserve the epithet ‘human’.” Given this context, it really amazes me that our environment hasn’t been placed on a larger pedestal than the space race and deep questions about the origins of our universe. After all, we’ve spent untold billions on exploring space without finding any similar planets that could support life. Shouldn’t we be worrying more about the ability of our own planet to support life, and invest money accordingly ?
Innovation Drives Growth Technology innovation is the driver that weathers all downturns. If a new technology can show that it can do things better (more accurately) with greater efficiency, it will get snapped up regardless of the economy. The key is to show that money can be saved and that business can be won based on the new technology. New advancements renew interest from more mature markets, while opening up new markets. The geospatial industry has been a constant innovator, with new hardware, software, sensors and service businesses. Overall, the geospatial marketplace will continue to hum with reasonable yearly growth.
Large public geospatial companies have long operated at a profit, with some cyclical variance depending upon their focus.The opportunities in this market sector are very broad and diverse, but evolve largely around better decision making.
As long as geospatial technology contributes to better decisions, meaning greater efficiency, there will be no better place to weather out economic downturns.
ITgium Financial Involvement Our corporate branches all feature a dedicated team of corporate bankers, who are specialized in satisfying corporate needs.
ITgium Contact Middle East Branch : Mrs. Anissa Fazah China Branch : Mr. Francois de la Chevalerie & Jena Liu Mexico Branch : Mr. Heriberto Garcia Assistants : Lahcen Bijiguen, Pamela Zhou, Julia Xinxing, Mona Wang, Jim Heinhurd, Samantha Zelman Mail : info@itgium.com |
