For what causes productivity to rise and smart work to happen is capital and creativity.
Mr. Heppelmann then went on to further describe the third industrial revolution with the rise of the smart product.
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With the rise of mobile smart phones and tablet computers with limited local storage, services available through the Internet, including additional digital storage, have become critical.
But the weaker margins bothered some other observers, and there are concerns that consumer PC demand is going to be permanently impaired by the rise of tablets and smart phones, where Microsoft plays but lacks the same commanding market share.
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Sales of smart electronics and smart cars will rise dramatically, as will leisure-plus-pleasure spending.
This buying shows that very smart investors believe that the rise in gold is not over by a long shot.
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By some estimates there are 600m smart phones and 100m tablets being activated per year, with smart phone shipments expected to rise to 1bn per year by 2015.
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Since there are few committed buyers of bonds beyond such banks, the smart money bet that yields would rise again.
When Ronald Reagan and Paul Volcker killed inflation in the early 1980s, investments that had looked smart when inflation was on the rise suddenly became losers.
Smart phone purchases are projected to rise from 10 billion in 2012 to 31 billion by 2016, according to Forrester, a global research and advisory firm.
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Unsurprisingly, perhaps, a lot of what thinks of itself as the smart money is on oil prices to rise.
When we see others make money in a stock market rise, we tend to think they must have been smart to have known when to get in.
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With the rise of App stores and cloud centric software, these smart devices are quickly becoming a secondary part of the equation and the Apps themselves are taking center stage.
The rise of social media, big-data analytics, and smart mobile devices has given use more real-time information about their target audiences and customers than ever before, but also has made reaching them more difficult.
The smart players will re-focus on software, even as new industry players rise up to challenge the familiar incumbents.
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It is also becoming an astute user of social media (dating back to 2010 and its rise in public sentiment) and advertising, showing the world that Asian companies can also hire smart creative agencies.
Moreover, rise, and the way Mahindra thinks about it, gives the company permission to innovate, which is a tremendously smart strategy for growth.
" He says, "At some point the American people rise up and say 'Wait a second, we continue to live in a dangerous world, this is not smart.
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