Banking on Fintech Collaboration and Partnership
The IT-Online site noted that if banks are to modernize their business models to better serve their customers and meet their high expectations for convenience and value – their operating models must change. It is not only banks’ operating models that are not adequately suited to modern demands. The management culture is still all too often focused
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Opportunities in Open Innovation
The Opinno.com website noted that open innovation presents serious opportunities to both large and small companies. The exchange of knowledge between scientific players, public institutions and business partners, for example, decreases investment costs in research and development, while increasing potential
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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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5th Annual World Open Innovation Conference
The Garwood Center for Corporate Innovation at the University of California, Berkeley announced that the 5th Annual World Open Innovation Conference will be held Dec.13-14 in San Francisco. This unique event combines the latest in Open Innovation research with the open innovation practices of some
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The State of Open Innovation 2018
The Luminary Labs website reported on the release of its landmark new study, “The State of Open Innovation.” Luminary Labs surveyed nearly 100 private sector, government, and nonprofit organizations which shared how they are using open innovation in pursuit of new approaches to complex
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Open Innovation: Research, Practices, and Policies
The California Management Review website posted an article which noted that open innovation is now a widely used concept in academia, business, and policy making. This article describes the state of open innovation at the intersection of research, practice, and policy. It discusses some key trends (e.g.,
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Open Standards and Innovation in the Enterprise
The Information Age website reported that the drive for digital transformation has highlighted a number of very similar industry-wide problems recurring that are not the sole preserve of one company or organization. This is exactly why more enterprises are engaging with open standards consortiums to
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What C-suites Want From Thought Leadership
The Campaign website reported on a comprehensive new study by Forbes and KPMG. One of the key findings was the importance of “smart sharing”: The overabundance of data and the ability to share it across networks provides access to useful and often critical information. These networks extend
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Open Innovation: a Key Driver of Societe Generale
Societe Generale‘s website reported on the bank’s outlook: “The digital era is changing how the Bank innovates: from ‘product’-oriented innovation to a relationship-focused innovation based on the customer experience, from inward innovation to open innovation in order
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Accenture Launches Digital Hub in Japan
The Yahoo Finance website reported that Accenture has opened an Accenture Digital Hub in Tokyo, Japan to support the digital transformation of clients by helping them embrace open innovation. At the Digital Hub, Accenture experts in areas such as digital marketing, user experience design, analytics and
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