Identification of Innovative Improvements for Aquaculture Sector Using Arising Technologies

Abstract

The arising of new technologies as internet of things, machine learning, 3D printing, virtual reality and among others are starting to transform industries in different sectors, already calling this phenomenon as the 4th Industrial Revolution or Industry 4.0, and as any industrial revolution the companies must be aware of the importance to use these technologies to maintain or improve their position in the market. The Norwegian Aquaculture sector was chosen for identify possible innovations, due to its growth and its importance for future generation due to the fast growth of the world population, and also given that the Norwegian aquaculture can be considered as a conservative sector there is a lot of space for improvements. Innovative ideas were generated by utilizing a method, which identified improvements opportunities in the services, products and segments of salmon farming sector applying the arising technologies. After this process the ideas generated were evaluated in problem solving potential, economic potential and patent protection to classify the ideas with most potential of developing a business. A few ideas presented very good potential making possible the idea of developing a business, showing that the method utilized can be a model to identify opportunities for new undertakings.