Section » Innovating Companies
Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platform for open innovation
The SymbianOne website reported that Ericsson has entered into an agreement for USD 6.2 billion cash offer to acquire Vonage, a global provider of cloud-based communications, Börje Ekholm, President and CEO of Ericsson, said: “The core of our strategy is to build leading mobile networks through technology leadership. This provides the foundation
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The Temenos Exchange: Enhanced Open Marketplace for Fintech Solutions
The Market Screener website reported that Temenos, the banking software company, has announced Temenos Exchange, a new Fintech marketplace to bring open banking innovation to market faster, and at scale. This comes as the banking industry moves towards open innovation and platforms and trends such as
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Hyundai Group’s Innovation Conclave Offers Glimpse into Promising Future Tech from Start-ups
The Autocar Professional reported that on Nov.22 the Hyundai Motor Group held the ‘2021 Open Innovation Lounge for demonstrations of new technologies with promising domestic and foreign start-ups at the Hyundai Motor/Kia headquarters. The Open Innovation Lounge is Hyundai Motor Group’s open
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Ecosystem Effectuation: Creating New Value Through Open Innovation During a Pandemic
The Eindhoven University of Technology posted a unique case study of a low-cost airline, AirAsia. With their fleet of aircraft grounded by the Pandemic, and unable to pursue any incremental innovation opportunities, AirAsia decided to follow a radical ambidexterity path – focusing on exploration by
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T-Mobile, Intel, NASA unveil 5G Open Innovation Lab in Seattle
The GeekWire website reported that a new program led by T-Mobile, Intel, and NASA aims to help entrepreneurs take advantage of 5G technology and write the latest chapter in Seattle’s storied wireless history. The 5G Open Innovation Lab (5G OI Lab) unveiled the first cohort of companies participating
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Business Models for Sustainable Development: The Case of a Kenyan Sustainable Enterprise
The Springer website reported the findings of an in-depth case study research with the Kenyan sustainable enterprise Corec. Based in Kariobangi (a slum in Nairobi), Corec aims to provide opportunities for marginalized youths through the collection and recycling of waste plastics. The results of this
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Wazoku Continues Global Expansion After Strengthening Latin American Presence
The GlobeNewswire reported that Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge. Channge is home to the largest open innovation community in Latin America, solving strategic challenges
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Open Innovation Software Market Top Manufactures: Qmarkets, Ezassi, Viima, HYPE, IdeaScale, Planbox, Braineet, Exago, Questel, Innoget
The Orbis Research website posted a report on the Open Innovation Software market which entails a broad spectrum of information effectively defining every aspect crucial to the business workflow and growth and development of the industry. The report encompasses a review of vast ranging factors and growth
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Kia’s 2021 Open Innovation Challenge for Electric Vehicles
The Pamplin Media Group reported that KIA, a major player in the electric vehicle (EV) field, has launched the 2021 EV Open Innovation Challenge. By collaborating with startups on projects relating to charging infrastructure and service solutions for electric vehicles Kia will encourage the implementation
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How Open Innovation Can Help Solve 21st-Century Public Health Problems
Luminary Labs posted a study stating that beginning in February 2020, Luminary Labs began tracking the open innovation response to COVID-19. The list became the CovidX open innovation index, and by the end of the year, Luminary Labs had reviewed 336 open innovation initiatives that had launched around
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