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OneConnect’s AI Open Innovation Platform Receives 2021 Wu Wenjun AI Science and Technology Progress Award
Yahoo Finance reported that OneConnect Financial Technology Co., a leading technology-as-a-service platform for financial institutions, has been awarded the 2021 Wu Wenjun Artificial Intelligence Science and Technology Progress Award for its next-generation Artificial Intelligence Open Innovation Platform for Inclusive Finance. The Award is the highest
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Collaboration and Open Innovation
A statement on the Shell website said: “The global innovation footprint is large and diverse, so significant effort is needed to leverage the richness of what is available to allow for more open free-flow of ideas and technology. That is why we operate a global open innovation strategy and collaborate
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New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic
Global Newswire reported that InnoLead has released a new research report, “Retooling R&D for a New Era,” that explores emerging trends in R&D in Global 1000 companies. Among the findings the survey found that open innovation practices have moved into the mainstream. Forty-six percent
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Flipkart Signs pact with FITT for Joint Research in Social Commerce
The Economic Times reported that Walmart-owned Flipkart said it has inked an agreement with Foundation for Innovation and Technology Transfer (FITT) to collaborate in the areas of social commerce, product recommendation to resellers and consumer product exploration journey. “FITT engages with industry
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The Digital Advantage in Open Innovation
The YourStory website noted that though frameworks and examples of open innovation have been around for a while, digital technologies are accelerating them like never before. Insights and tips in this regard are well-presented in the book Managing Digital Open Innovation, edited by Pierre-Jean Barlatier
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IncubateHub to Launch 9 Thematic Demand-led Accelerators
The Business Standard reported that IncubateHub has announced its plan to launch nine Thematic Demand-Led Accelerators with the strategic backing of Venture Catalysts. The company will launch specific solutions for the growing CVC market in Asia, to assist corporates in funding startups that are strategic
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Making Sustainability Profitable and Profitability Sustainable
Forbes magazine reports that some companies want to make sustainability profitable and profitability sustainable. This sentiment is shared by Professor Vijay Pereira of NEOMA Business School. Taking open innovation as an example, Pereira claims that it has proven helpful with firms reporting several
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London’s Transport Innovation Recognised at Start-up Awards
Cities Today reported that Transport for London was recognized at the 2021 Corporate Startup Stars Awards, receiving the Public Sector Award for Open Innovation. The awards – hosted by innovation advisory firm Mind the Bridge – are given to companies and organizations that have established
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JK Tech Sets Up a $ 100,000 Grant for Startups
The Title Press website reported that Digital and IT services firm JK Tech has established a $ 100,000 grant for startups focused on hyper-automation in healthcare / medtech, insurtech, and manufacturing, as well as retail AI / ML. The company said it intends to connect with more startups through
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Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”
Business Wire reported that -Mitsubishi Electric Corporation and Global Brain Corporation have launched the ME Innovation Fund, a corporate venture capital fund targeting new businesses creation through open innovation that will invest in and partner with startups across the world. The fund will operate
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