SUSE: Expands Global Footprint with New Office in India
The Market Screener website reported that SUSE, a global leader in innovative, open and secure enterprise-grade solutions, opened a new office in Bengaluru, India, to support the company’s growth. A report the Economist published with SUSE found that 95% of organizations leverage open innovation practices, which demonstrates that open innovation
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India Focuses on Open Innovation
The Art Valley website reported that India has been at the forefront of digitization and innovations across diverse fields. The Indian state of Andhra Pradesh has been in the news for the past few years for adopting Open Innovation initiatives. It set up its first ever open innovation center with focus
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IIT Hyderabad to set up Suzuki Innovation Centre
The Business Standard reported that the Indian Institute of Technology Hyderabad (IITH) and Suzuki Motor Corporation signed a three-year contract to start Suzuki Innovation Centre (SIC) with the vision of “creating innovations for India and Japan” by way of providing a platform for exchange
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ABFRL Launches Innovation Challenge to Find Alternatives to Plastic Packaging
The Outlook India website reported that Aditya Birla Fashion and Retail Ltd. (ABFRL) has launched a first-of-its-kind open Innovation Challenge with Circular Apparel Innovation Factory (CAIF) to spearhead a change in packaging and find innovative alternatives to plastics. India generates almost 26,000
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World’s Biggest Open Innovation Model: ‘Smart India Hackathon- 2019’
The Daraya News website reported that The third edition of World’s Biggest Open Innovation Model – Smart India Hackathon 2019 (SIH-2019) was launched in New Delhi recently. SIH-2019 is a nationwide initiative to provide students a platform to solve some of the pressing problems we face in
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United Technologies Launches Technology Lab in India
The News Minute website reported that the U.S. conglomerate United Technologies (UT) has entered into a strategic agreement with the Indian startup T-Hub to launch an advanced emerging technologies laboratory in Hyderabad. UT recognizes that all innovations cannot be done internally and is collaborating
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India Is Open For Fintech, Innovation And Collaboration
The Forbes website reported that financial technology in India is moving from a more competitive attitude to a collaborative one – a quality becoming more and more effective in the fintech space. Managing Director of Startupbootcamp FinTech Mumbai Adrian Johnson agreed that open innovation has
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Higher R&D Not the Answer
An article on TheWire website noted that while much has been made of intellectual property rights in recent times, open innovation models could actually be India’s best way forward to an inclusive innovation culture. Open innovation requires a completely different perspective on regulating the relationship
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Supply Chain Faces Value Creation Imperative
The EPSNews website reported that high-tech firms focused on digital business transformation are increasingly leveraging external partnerships to deliver holistic goals to create new value. Given the extent of the opportunities to generate business value, the use of innovation ecosystems is expanding.
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Co-innovation Network Joins with Microsoft Accelerator to Help Indian Startups
The Economic Times website reported that Microsoft Accelerator and Tata Consultancy Service’s Co-Innovation Network will create an open innovation framework to mentor Indian startups and bring their products to the market. The partnership will provide startups the access Microsoft and TCS networks
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