
DENSO Establishes Pittsburgh Innovation Lab to Accelerate Automated Driving R&D
The Automotive World website reported that DENSO Corporation, a global manufacturer of automotive parts, has announced it has established the Pittsburgh Innovation Lab, a new U.S. R&D center designed to strengthen open innovation and enhance technology development that enables automated driving. At the Pittsburgh Innovation Lab, DENSO will conduct
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An Open Innovation Challenge By Leonardo Is On The Starting Line
The UAS Weekly website reported that Leonardo, a global high-tech company in the Aerospace, Defense and Security sectors, has launched a “Drone Contest, An Open Innovation Challenge”. The project is presented as an Open Innovation opportunity and a collaboration between industry and universities
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The Naval Technology website reported that the French company Naval Group has launched a research and development center of excellence in Singapore to develop world-class expertise for strategic naval defense research topics. In June this year, the company organized Start We Up, an innovation marathon
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Hyundai Expands Its Global Base for Open Innovation
The Yahoo Finance website reported that Hyundai is launching an open innovation center named M. Cube in Shenzhen, China, a mecca for Chinese start-ups. The open innovation center aims to discover and invest in global start-ups that have new, future-car technologies. M. Cube will be tasked with discovering
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Digital transformation & Artificial Intelligence Adoption
The Tech Republic website noted that executives are turning to artificial intelligence (AI) adoption to fight for digital supremacy against competitors, with high aspirations for its success according to a recent report from the Boston Consulting Group. Organizations want to shift from digital iteration
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5 Trends Transforming Digital and IT Operations Management
The DevOps website reported that in 2018, digital transformation ushered in a radical shift in how enterprises harness customer insights, technology capabilities and rapid experimentation to drive revenue growth, profitability and market leadership. Enterprises spent $1.3 trillion in 2018 on digital
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New Technology Centre to Further Innovation in Medtech
The Straits Times website noted that transformative technologies and innovative business models have rocked the medical technology (medtech) sector, and companies can no longer solely rely on in-house capabilities. Instead, open innovation will become more important as stakeholders from diverse and
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Accenture Betting on Computer Vision in Asia
The WARC website reported that Accenture, the global consultancy, has formed a strategic alliance with and has invested in the computer-vision start-up Malong Technologies, in a move that hints at the company’s China growth strategy and its belief in the commercial application of AI. The deal is Accenture
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Renault-Nissan-Mitsubishi to Invest Up To $1 Billion in Open Innovation
The Markets Insider website reported that Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, has announced the launch of Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. In its first
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Singapore’s Electronics Industry Transformation Map
The OpenGovAsia website noted that the emergence of new applications areas such as autonomous vehicles, artificial intelligence and healthcare, which are enabled by electronics, has brought about new growth opportunities for the industry. These new applications are expected to drive greater diversity
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