Section » Business Model Innovation
Are New Drug Development Platforms Leading Pharma Innovation?
The European Pharmaceutical Manufacturer site noted that increasingly, the business model for drug discovery and development is predicated on recouping costs barely manageable for first-world, affluent nations. In an effort to combat this trend, various stakeholders in the drug discovery ecosystem have been identifying and exploring novel models based
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Banking on Fintech Collaboration and Partnership
The IT-Online site noted that if banks are to modernize their business models to better serve their customers and meet their high expectations for convenience and value – their operating models must change. It is not only banks’ operating models that are not adequately suited to modern demands. The
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Brokering Success: CCRS
The Insurance Age website posted an article on CCRS, a leading independent insurance broker. CCRS managing director Neil Campbell said that the company started in September 2008 and the business has evolved a lot over 10 years. They did a knowledge transfer partnership with Glasgow University’s Adam
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Lighting as a Service Market
The OpenPR website reported that the rise of the circular economy is driving business model innovation across all industries, with a key spin-off being the emergence of ‘something-as-a-service’ business model. The lighting-as-a-service (LaaS) is fast emerging as an innovative service delivery model
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BAE: A Radically Different Way For Defense Innovation
The Forbes website reported that BAE Systems, the U.S. arm of Britain’s biggest aerospace and defense conglomerate, has created an organization within its Electronic Systems unit called FAST Labs that combines funding from federal research centers with venture capital and commercial technology incubators
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When Biz Model Innovation Comes Full Circle
The China Daily website noted that China’s creation of some of the world’s best-known tech-world abbreviations like BAT – short for Baidu, Alibaba and Tencent – can be pinned to the power of the internet. BAT have overhauled traditional commercial business models by expanding
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6 Ways to Reinvent Your Business Model
The Irish Tech News website noted that in 2019, technology has evolved so much that it’s very much a case of adapt or die for all businesses. If you feel as though yours has fallen by the wayside recently and has failed to keep up with changing markets and consumer tastes, it might be time for a reinvention
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Developing New Open Business Models
The Sage Publication website reported on a study which noted that companies can create value by effectively applying and managing open business models. The study used examples from Unilever to show how a firm can combine and integrate its assets, capabilities and skills with those of its partners to
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5 Trends Transforming Digital and IT Operations Management
The DevOps website reported that in 2018, digital transformation ushered in a radical shift in how enterprises harness customer insights, technology capabilities and rapid experimentation to drive revenue growth, profitability and market leadership. Enterprises spent $1.3 trillion in 2018 on digital
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Deloitte Digital: “We’re Setting The Tone For The Future”
The AdExchange website posted an interview with Andy Main, head of Deloitte Digital, which describes itself as a “creative digital consultancy.” Main outlined what that meant: “When we started, we were focused on helping businesses compete on customer experience and customer relationships. A
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