Section » Process
Lighting as a Service Market
The OpenPR website reported that the rise of the circular economy is driving business model innovation across all industries, with a key spin-off being the emergence of ‘something-as-a-service’ business model. The lighting-as-a-service (LaaS) is fast emerging as an innovative service delivery model in the lighting industry. The transition to LaaS
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The Leap in Sustainable Value Creation
The BusinessGreen website posted an article which noted that there are very exciting new service-based models emerging. These occur where companies re-think who their target customer really is, and what value propositions would most effectively meet their requirements. By shifting from selling products
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Open the New Black for Mobile Voice Services
An article on the website TechZone360 noted that the situation in the telecom industry is dire. But it is survivable by intelligent, innovative companies that have the courage to fund essential modernization and the farsightedness to embrace new strategic identities. Mobile operators can change this
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How Amazon Turned Their Services into a Platform
The Garwood Center for Corporate Innovation website posted an article which noted that it is not safe to rely on only excellent service to sustain your competitive advantage as a services provider because competitors will learn from you. A more robust approach is to turn your service into a platform
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Escaping the Commodity Trap
The Garwood Center for Corporate Innovation posted a blog which noted that the amount of time a product lasts in the market before a new and improved one takes its place is shrinking. As a result, even successful products can expect to enjoy an advantage in the market for a shorter time than in the past.
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Striving for Innovation Success in the 21st Century
In an article on the MIT Technology Review website Henry Chesbrough wrote that open innovation is “the use of purposive inflows and outflows of knowledge to accelerate internal innovation and expand the markets for external use of innovation. It’s a model for industrial innovation that I originated
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The Effect of Service Innovation on R&D Activities
The Journal of Open Innovation reported on a study that analyzes the effects of R&D activities and government support programs for product innovation in the service industry. With the advent of the knowledge based society, the technology innovation of the service industry has become an important
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Open Innovation Gateway: a Platform to Activate Innovative Practices Faster
The CNN Money website announced that Fujitsu has launched an Open Innovation Gateway (OIG). The OIG is a platform to connect and grow ideas, and based on the collaboration of internal and external partners, to verify and transform them into practical businesses. Through OIG, Fujitsu works to activate
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Delivering Innovation Through Service
The RealWire website reported that creating everything as a service (XaaS) and delivering innovation is set to be the major driver of IT development this year as XaaS becomes the preferred consumption model for enterprises. In its conference sessions, the European Software and Solutions Summit (incorporating
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Service Business Models
The BusinessWire website reported that the past 5 years have seen huge levels of technology innovation in the energy and environment industry, with smart technology re-defining the landscape. The next 5 years will be the era of service business models innovation, as suppliers compete to maximise the
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