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Bank Leumi on Creatively Solving Problems in a New Way
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 employees to engage in innovation and become a
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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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Monetize or Die
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
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
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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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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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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