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IIT Hyderabad to set up Suzuki Innovation Centre
The Business Standard reported that the Indian Institute of Technology Hyderabad (IITH) and Suzuki Motor Corporation signed a three-year contract to start Suzuki Innovation Centre (SIC) with the vision of “creating innovations for India and Japan” by way of providing a platform for exchange of knowledge between the two organizations. A
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OIL Celebrates 1 Year Anniversary, Picks Plug Fest Winners
The DVIDS website reported that to make standards open to people who can truly innovate with them as partners with the military and the Army in particular, Project Manager Positioning Navigation and Timing (PM PNT) stood up the Open Innovation Lab (OIL) last year to bring more potential partners from
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Public Provides NASA with New Innovations
The NASA website reported that whether problem-solving during the pandemic, establishing a long-term presence at the Moon, or advancing technology to adapt to life in space, NASA has leveraged open innovation tools to inspire solutions to some of our most timely challenges – while using the creativity
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EarlyBirds Calls Tech Innovative Startups, Scaleup by Opportunity
Tittle Press noted that many companies are moving away from traditional R&D due to factors such as market transformation, changing customer expectations, digital disruption or the need to achieve Net Zero and sustainability goals. All of this is driving the need for innovation in most areas of a
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OneConnect’s AI Open Innovation Platform Receives 2021 Wu Wenjun AI Science and Technology Progress Award
Yahoo Finance reported that OneConnect Financial Technology Co., a leading technology-as-a-service platform for financial institutions, has been awarded the 2021 Wu Wenjun Artificial Intelligence Science and Technology Progress Award for its next-generation Artificial Intelligence Open Innovation Platform
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Collaboration and Open Innovation
A statement on the Shell website said: “The global innovation footprint is large and diverse, so significant effort is needed to leverage the richness of what is available to allow for more open free-flow of ideas and technology. That is why we operate a global open innovation strategy and collaborate
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New Report Finds Corporate R&D Budgets Increasing Amidst Pandemic
Global Newswire reported that InnoLead has released a new research report, “Retooling R&D for a New Era,” that explores emerging trends in R&D in Global 1000 companies. Among the findings the survey found that open innovation practices have moved into the mainstream. Forty-six percent
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Flipkart Signs pact with FITT for Joint Research in Social Commerce
The Economic Times reported that Walmart-owned Flipkart said it has inked an agreement with Foundation for Innovation and Technology Transfer (FITT) to collaborate in the areas of social commerce, product recommendation to resellers and consumer product exploration journey. “FITT engages with industry
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IncubateHub to Launch 9 Thematic Demand-led Accelerators
The Business Standard reported that IncubateHub has announced its plan to launch nine Thematic Demand-Led Accelerators with the strategic backing of Venture Catalysts. The company will launch specific solutions for the growing CVC market in Asia, to assist corporates in funding startups that are strategic
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London’s Transport Innovation Recognised at Start-up Awards
Cities Today reported that Transport for London was recognized at the 2021 Corporate Startup Stars Awards, receiving the Public Sector Award for Open Innovation. The awards – hosted by innovation advisory firm Mind the Bridge – are given to companies and organizations that have established
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