Just beyond the typical business time horizon are significant new technologies that will change our lives. These emerging technologies, not yet fully realized and still outside the arena of competition, will create enormous opportunities – and huge threats. Each of these technologies tends to be 10 to 15 years from full implementation and to involve multiple, sometimes competing, constituent technologies. Typically, some parts of the technology have been demonstrated, while others are still very much in the research stage. Current examples include virtual reality, micromachines, smart materials, moldless forming of parts, wireless power transmission, electric vehicles, and nutriceuticals.