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CHAMP Cargosystems Joins Luxembourg Open Innovation Club

CHAMP Cargosystems Joins Luxembourg Open Innovation Club

By • on March 6, 2019

The AJOT website reported that CHAMP Cargosystems, a global leader of IT solutions to the air cargo industry, has joined the Luxembourg Open Innovation Club (LOIC). CHAMP aims to share and exchange its industry knowledge and expertise to assist the group’s mission to support corporate innovation. The initiative is dedicated to the broadening of business

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Solve Launches 2019 Global Challenges

Solve Launches 2019 Global Challenges

By • on March 4, 2019

The MIT News website reported that MIT Solve Executive Director Alex Amouyel announced the launch of Solve’s newest set of global challenges: Circular Economy, Community-Driven Innovation, Early Childhood Development, and Healthy Cities. “Through open innovation, we find the most promising tech-based

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The Best of Both In-House and Outsourced Tech Scouting

The Best of Both In-House and Outsourced Tech Scouting

By • on February 27, 2019

The IAM website noted that organisations around the world today are scouting technologies outside their walls to find solutions to their innovation problems and to create successful products and solutions. If your aim is to tap the potential of open innovation approach, scouting for ideas outside your

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5G as an Innovation Platform

5G as an Innovation Platform

By • on February 26, 2019

The Civil Service World website noted that to become true digital service providers, operators will need to transition from ‘closed’ to ‘open’ innovation models.  We began to see the power of open innovation with Apple’s iPhone app store and the emergence of open source software, which both

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Future Foods Accelerating Impactful Innovations

Future Foods Accelerating Impactful Innovations

By • on February 19, 2019

The Food Navigator website noted that Future Foods is an ecosystem that aims to make food innovation a key tool to tackle the great challenges of the future: affordable nutrition, world hunger, and sustainability. It promotes education through the Future Food Institute Trust and supports open innovation

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Bank Leumi on Creatively Solving Problems in a New Way

Bank Leumi on Creatively Solving Problems in a New Way

By • on February 14, 2019

The  Jerusalem Post quoted a spokesperson for Bank Leumi who noted that “innovation is a very broad area; innovation in the financial industry stems from both ‘internal innovation’ and ‘open innovation.’ Internal innovation involves changing the banking culture from within and empowering

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Developing New Open Business Models

Developing New Open Business Models

By • on February 11, 2019

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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Monetize or Die

Monetize or Die

By • on February 1, 2019

The RTInsights website noted that in a fast-moving world of open innovation, there is no reason to limit your overall inventive abilities to be proportional to the size of your teams. Building a gateway channel to a smartly envisioned “open platform” approach with Software Development Kits (SDKs)

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How Johnson & Johnson Works With Startups

How Johnson & Johnson Works With Startups

By • on January 23, 2019

The NJ Tech Weekly website reported on a meeting of the Association for Corporate Growth (ACG) New Jersey called “Implementing Open Innovation: Lessons from Leaders”.  John Bell, vice president of external innovation  for Johnson & Johnson (J&J) Consumer, said that while the multi-billion

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WeBank: Banks Must Open Capabilities to Market

WeBank: Banks Must Open Capabilities to Market

By • on January 21, 2019

The Finews.asia website reported that WeBank vice-president Henry Ma cited open innovation as the key to attracting more opportunities, saying that the success of tech giants like Google and IBM, which have opened up their technology stack and are going open source. WeBank is doing the same by opening

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