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
Comments Off on Banking on Fintech Collaboration and Partnership • Read this story »
More Articles
5G as an Innovation Platform
The Civil Service World website noted that to become true digital service providers, operators will need to transition from ‘closed’ to ‘open’ innovation models. We began to see the power of open innovation with Apple’s iPhone app store and the emergence of open source software, which both
Comments Off on 5G as an Innovation Platform • Read this story »
Time to Light a Fire: Building a Culture of Innovation
The Industry Week website posted an article which stated “Think outside your company’s walls. As R&D continues to grow within the private sector, companies will be better suited by opening doors to outside expertise. Open-source coding is revolutionizing the software industry; similarly,
Comments Off on Time to Light a Fire: Building a Culture of Innovation • Read this story »
Mark Samuels on Open Innovation in Pharma
The Pharma Times Online website posted an interview with Mark Samuels, chief business and strategy officer of the new Medicines Discovery Catapult, on the role of open innovation in big pharma: “I think collaborative research is increasingly important. Benefits of open innovation include access
Comments Off on Mark Samuels on Open Innovation in Pharma • Read this story »
Partnership Creates an Open Innovation Culture
The Drum website reported that Publicis Communications will aim to scale its client offering through a new partnership with the innovation hub Plexal. Guy Wieynk of Publicis said,“We want to be able to work with more startups as it was clear that there was no way that companies were able to answer
Comments Off on Partnership Creates an Open Innovation Culture • Read this story »
Digital Transformation Leaders Adopt Open Ecosystems
The Business Technology Roundtable website posted an article which discussed “Why Open Innovation Ecosystems Matter”: “As internal resistance to change is overcome, the connected economy will become even more connected, with success relying on participation in a broader business ecosystem.
Comments Off on Digital Transformation Leaders Adopt Open Ecosystems • Read this story »
Companies Adopting Open Innovation Models
The IT Online website reported on a new PwC survey of over 1,200 global executives and business leaders. The aim of the study was to understand how these business leaders view innovation and what they are doing to better reap its rewards. The study found that companies are embracing open innovation models:
Comments Off on Companies Adopting Open Innovation Models • Read this story »
Plans for a London Office of Technology & Innovation
The Public Technology website reported that the Greater London Authority and London councils are looking to establish a London Office of Technology and Innovation (LOTI) to link up disparate organizations’ efforts, set common standards and create a culture of open innovation. As public services increasingly
Comments Off on Plans for a London Office of Technology & Innovation • Read this story »
Fuelling the Knowledge-Driven Economy
The MalayMailOnline website reported that we see more and more corporate R&D labs opening their doors, collaborating with suppliers and customers, sharing software code with programmers and tapping networks of scientist and entrepreneurs for the world’s best ideas. There is no doubt that open innovation
Comments Off on Fuelling the Knowledge-Driven Economy • Read this story »
Chesbrough: “An Exciting Time for OI in the Energy Sector”
The InnoEnergy website posted an interview with Henry Chesbrough, “the father of open innovation,” in which he discussed how open innovation applies to the energy industry. While the energy industry in general has a conservative and monopolistic culture, Prof. Chesbrough argues that the
Comments Off on Chesbrough: “An Exciting Time for OI in the Energy Sector” • Read this story »