Circles are good for the economy

February 9, 2015 / G C Network / Comments Off on Circles are good for the economy
An image of a light shining through a tunnel.

Transformation Network

By pwsadmin | May 15, 2021

The Achilles heel of every transformative business model is their reliance on ever increasing amounts of data that need to be transported quickly across wide area networks and processed at…

A person holding up three frames in front of their face.

Essential Characteristics of Cloud Computing as Digital Transformation

By pwsadmin | May 15, 2021

Hybrid IT blends traditional datacenters, managed service providers, and cloud service providers to deliver the necessary mix of information technology services. This IT consumption model enables a composable infrastructure which…

A mosaic of hands and flowers on the wall.

Transformation Innovation

By pwsadmin | May 15, 2021

4 Factors Driving Digital Transformation ROI The critical assessment factors for cloud ROI risk probability are the following:      Infrastructure utilization Speed of migration to cloud Ability to scale business/mission processes…

A neon sign with a handshake on it.

Transformation Frameworks

By pwsadmin | May 15, 2021

Digital transformation necessitates changes in an organization’s operational processes. According to Harvard, a focus on operations can lead to business process optimization and entirely new revenue streams. Three common routes…

A group of people standing in a room with wires hanging from the ceiling.

Transformation Infrastructure

By pwsadmin | September 26, 2020

Hybrid IT enables a composable infrastructure which describes a framework whose physical compute, storage, and network fabric resources are treated as services. Resources are logically pooled so that administrators need…

A close up of the pattern on a solar panel.

Essential Characteristics of Cloud Computing as Digital Transformation

By pwsadmin | September 25, 2020

A survey of 2,000 executives conducted by Cognizant in 2016 identified the top five ways digital transformations generate value:      Accelerating speed to market      Strengthening competitive positioning      Boosting revenue growth      Raising…

A close up of the trees in the sky

Embrace Transformation

By pwsadmin | September 22, 2020

From a business perspective, differentiating business processes and quality customer service are central to overall success. Business leaders must therefore clearly identify and measure how information technology contributes to the…

An image of a person's eye in a computer screen.

Computer Vision Advances Zero-Defect Manufacturing

By pwsadmin | July 25, 2020

by Kevin L. Jackson Electronics manufacturers operate in a challenging environment. It’s hard enough to keep up with the ever-accelerating rate of change in the industry. Now customers want increasingly…

A blue bus driving down the street with people crossing it.

Real-Time Analytics Power the Roadway of the Future

By pwsadmin | July 25, 2020

By Kevin L. Jackson The complexities of citywide traffic are pushing the limits of existing transportation management systems. Outdated infrastructure is based on proprietary, single-purpose subsystems, making it costly to…

A businessman standing on top of a cliff with his arms raised.

Thriving on the Edge: Developing CSP Edge Computing Strategy

By pwsadmin | March 6, 2020

Communications Service Providers (CSPs) are facing significant business model challenges. Referred to generally as edge computing, the possibilities introduced by the blending of 5G networks and distributed cloud computing technologies are…

Contrary to what your mother may have told you, going in circles is sometimes a good thing. When it comes to our economy, it is actually a great thing.

Throughout history, society has built itself up by transforming raw materials into finished, usable products. This manufacturing process has always been linear in that:

  1. Materials (sand, iron, gold, etc.) are evaluated for purpose and taken from nature.
  2. Modified and refined as necessary, these materials are combined and recombined into the services and products we use every day, until…
  3. Their usefulness to society wanes and the everyday products and services are disposed of in a heap of useless trash.
This linear “take, make, dispose” model uses large quantities of easily accessible resources and energy. It is also inefficient and wasteful. Enter the “circular economy.”

“The circular economy refers to an industrial economy that is restorative by intention; aims to rely on renewable energy; minimizes, tracks, and hopefully eliminates the use of toxic chemicals; and eradicates waste through careful design. The term goes beyond the mechanics of production and consumption of goods and services, in the areas that it seeks to redefine (examples include rebuilding capital including social and natural, and the shift from consumer to user).” – Ellen MacArthur Foundation

The circular economy concept has gained momentum since the late 1970s and has six general schools of thought:

  • Regenerative design –  interdisciplinary field of inquiry concerned with a sustainable future
  • Performance economy – the vision of an economy in loops (or circular economy) and its impact on job creation, economic competitiveness, resource savings, and waste prevention
  • Cradle to cradle – focuses on design for effectiveness in terms of products with positive impact and reducing the negative impacts of commerce through efficiency.
  • Industrial ecology – the study of material and energy flows through industrial systems
  • Biomimicry – a discipline that studies nature’s best ideas and then imitates these designs and processes to solve human problems
  • “Blue Economy” –  uses the resources available in cascading systems and the waste of one product becomes the input to create a new cash flow
All this goes to say that circular economies are efficient, and efficiency is good for us all. That is why we should all applaud the individuals and companies that were honored at the 2015 Circular Economy Awards. The Circulars, as they are more commonly called, are given at an annual event that recognizes individuals and enterprises from commerce, civil society and academia that have made a notable contribution to driving circular economy principles.
AWARD WINNER
The Fortune Award for Circular Economy Leadership Sir Ian Cheshire
The Fortune Award for Circular Economy Leadership Janez Poto?nik
The YGL Award for Circular Economy Entrepreneurship Method
The Accenture Award for Circular Economy Pioneer Dell Inc.
The BT Award for Circular Economy Digital Disruptor Tradeshift
The Ecolab Award for Circular Economy Cities / Regions Danish Business Authority
By winning the Circular Economy Pioneer award, Dell has established a high bar for those in the IT industry. Because the circular economy is an essential component of the company’s vision, the company continually finds ways to minimize the impact of its manufacturing process on the environment.
In following this path, Dell implemented a major redesign across engineering, industrial design, procurement, logistics and marketing, which resulted in the use of post-consumer recycled plastics in its products. Dell also developed the first computer to use certified closed-loop recycled plastics. By setting this important precedent, Dell is using its position as one of the leading global technology vendors to move standards, infrastructure and international policies toward a circular economy.


(This post was written as part of the Dell Insight Partners program, which provides news and analysis about the evolving world of tech. To learn more about tech news and analysis visit TechPageOne. Dell sponsored this article, but the opinions are my own and don’t necessarily represent Dell’s positions or strategies.)

Bookmark and Share

Cloud Musings

( Thank you. If you enjoyed this article, get free updates by email or RSS – © Copyright Kevin L. Jackson 2012)

Follow me at https://Twitter.com/Kevin_Jackson
Posted in

G C Network

Cloud Computing

Cybersecurity