Report: 95% of Organizations are Now Practicing Open Innovation

Report: 95% of Organizations are Now Practicing Open Innovation

By • on April 18, 2022

The Venture Beat website reported that open innovation — a democratized approach to innovation where collaboration among internal and external resources replaces conventional closed R&D silos — is fast becoming ubiquitous. An impressive 95% of organizations now report leveraging open innovation practices, with 54% doing so on “most” or “all”

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The Changing Landscape of Retail Banking and the Future of Digital Banking

The Changing Landscape of Retail Banking and the Future of Digital Banking

By • on March 7, 2022

The Springer website reported a study which noted that banking is shifting significantly from a pipeline, i.e., vertical paradigm, to open banking where open innovation, modularity, and ecosystem-based banking business models become the new paradigm to follow and exploit. Through open innovation, banks

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