Question

he purpose of this assignment is to identify and research a potential problem that technology could assist in solving. The ultimate goal is to imagine where technology will be in 18-36 months and how it will solve problems. Technology is constantly growing exponentially. As entrepreneurs, you have opportunities to use this technology to solve grand problems within the world that would better the human condition. Write a one to three sentence problem statement highlighting a single key issue and answering the following questions: What is the problem

Answer 1

Answer: Tackling untimely failure of machines

Explanation:

Industies in the manufacturing sector are faced with challenges resulting from machine failure and unexpected shutdowns and causes high cost and so much time loss. One of the ways technology can be used to solve this issue is by producing equipment that would be able to run for an ample of time and when approaching failure or total breakdown it then indicates or signify to the technician or manufacturer about the problem, this would help in averting loss of time and expenses, but this scenario will desire an alternative should this happen.