Section » Innovating Companies

Sandbox Initiative: Central Bank of Brazil

Sandbox Initiative: Central Bank of Brazil

By • on September 5, 2019

The Central Banking website reported that Lift is unlike other regulatory sandboxes in that it does not waive regulatory rules. Lift also differs in the types of firms it targets. At Lift, the submissions are all at an early stage and the purpose is to help participants reach a prototype stage through co-operating with the regulator and other ecosystem

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How Houston’s Startup Community Can Teach the Fortune 500

How Houston’s Startup Community Can Teach the Fortune 500

By • on August 31, 2019

The Biz Journals website noted that companies that embrace open innovation and remove boundaries to share knowledge are able to bolster their technology offerings to keep pace with the changes happening in their industries. By partnering with startups, Fortune 500 companies can evaluate new partners

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Lilly Launches ‘Innovation Challenge’

Lilly Launches ‘Innovation Challenge’

By • on August 23, 2019

The Insideindianabusiness site reported that Eli Lilly and Co. has launched what it calls an open innovation challenge asking researchers nationwide to submit innovative digital health solutions to inform inflammatory bowel disease care. Lilly says the finalist who submits the winning idea will win $50,000.

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Why IBM is Embracing, Expanding Open Hardware Ecosystem

Why IBM is Embracing, Expanding Open Hardware Ecosystem

By • on August 21, 2019

In an article on the WRALTechWire site Ken King, General Manager of OpenPOWER at IBM, said “We see a growing need for hardware designed and optimized to move data quickly between resources. For IBM Power Systems, we believe the key to designing and delivering such hardware is open innovation—up

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Leveraging an Open Innovation Portal to Build an Innovation Ecosystem

Leveraging an Open Innovation Portal to Build an Innovation Ecosystem

By • on August 8, 2019

The yet2 site reported that Mondeléz International, the snack food and beverage manufacturer, has two separate open innovation portals that play a key role in the company’s strategic initiative and mission to empower people to snack right. These portals also serve as vital components in the company’s

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Technology Transformation in Wholesale Banking

Technology Transformation in Wholesale Banking

By • on July 31, 2019

The Bobsguide website interviewed Société Générale’s  (SocGen) head of innovation for the UK, Anthony Woolley. “We have traditionally had relationships with big third party companies usually on large scale projects. We’ve explicitly in the last few years started to drive an open innovation

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APAC Enterprises Embrace Open Innovation To Accelerate Business Outcomes

APAC Enterprises Embrace Open Innovation To Accelerate Business Outcomes

By • on July 29, 2019

The Moneycontrol News site reported that Red Hat, a provider of open source solutions, announced that more enterprises in Asia Pacific are keen to embrace open innovation to accelerate business outcomes. This is indicated by the number of enterprises in Australia, Hong Kong, India, Indonesia, Japan and

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Applying Open Innovation Strategies in Regional Innovation Ecosystems

Applying Open Innovation Strategies in Regional Innovation Ecosystems

By • on July 19, 2019

The Science Direct site posted a study which noted that open innovation strategies in large firms have been changing considerably during the last 15 years. Some multinationals are now taking a long-term, strategic approach to open innovation, thereby actively developing a regionally bounded innovation

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Igniting Innovation

Igniting Innovation

By • on July 18, 2019

The Innovation Insights site noted that the Health Food Matters program places a strong emphasis on open innovation when launching its range of offerings, often working closely with partners to identify unmet needs. Over the years of operating nursing homes, researchers came across some good advancements

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Break Up Your Innovation Program, If You Want It To Survive

Break Up Your Innovation Program, If You Want It To Survive

By • on July 16, 2019

Forbes magazine noted that when A.G. Lafley, CEO and Chairman of Proctor and Gamble, introduced P&Gs open innovation Connect+Develop program, he said: “Connecting with the world’s most inspired minds. Developing products that improve consumers’ lives.  Our vision is simple. We

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