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WeBank: Banks Must Open Capabilities to Market
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 its application programming interface and software
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Virtusa’s Open Innovation Platform Powers Open Banking in Middle East
The Telecompaper website reported that Virtusa, a digital business company, has announced the successful implementation of the Middle East region’s first Open Banking Sandbox with Emirates NBD, a leading banking group in the United Arab Emirates . The Open Innovation Platform, developed by Virtusa’s
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Daiichi Sankyo to Lead Open Innovation Research on Cell Therapy
The BioSpectrumAsia website reported that Daiichi Sankyo Company, Mitsubishi UFJ Capital Co., and Tokyo Institute of Technology have announced that they will commence open innovation research with the aim of creating insulin producing cells from iPS cells for use in regenerative medicine and cell
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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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Hyundai Motor to Connect Vehicles
The Korea Joongang Daily website reported that to bolster open innovation, Hyundai has been setting up global open innovation centers to collaborate with foreign start-ups. Already there are three centers, established in Korea, the United States and Israel. Two more centers are set to be established,
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Ayasdi Named Accenture HealthTech Innovation Challenge Champion
The WLNS website reported that Ayasdi has been named the Accenture HealthTech Innovation Challenge Champion, competing with more than 1,100 companies for the title. The competition pairs leading-edge startups with prominent health and life sciences organizations to develop innovative technology solutions
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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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The Corporate Hunt For Startup Innovation Continues
The Forbes website reported that as corporate leaders look to the year ahead, the growth of so-called open innovation – which essentially involves businesses looking outside their own four walls for the technologies that will help them maintain a competitive edge – is not going to slow.
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A Joint Front: Open Source Pharma
An article on the Business Today (India) website noted that an open source drug discovery program allows capabilities to be linked and used, at negligible cost. India has already taken a step in this direction. Bill Gates, who built his empire on proprietary software, tweeted that open innovation
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How Does a Social Open Innovation Succeed?
The Science, Technology, and Society journal posted an article which noted that as people are paying attention to social innovation as the source of innovative ideas and the repository of new business models, this study poses the following research questions: How does a social open innovation succeed?
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