Leverage Open Innovation To Expand Capabilities
The Forbes website noted that when Microsoft launched Kinect for the Xbox in 2010, it quickly became the hottest consumer device ever, selling 8 million units in just the first two months. Like Microsoft, many firms today are embracing open innovation to expand capabilities. Cisco outfoxed Lucent not by developing technology internally, but by smartly
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4 Ways Open Innovation Can Drive Your Business
An article on the Forbes Magazine site reported that ever since General Electric built the first industrial lab in 1900, research and development has been a highly secretive affair. However, amidst the cloak and dagger scene a new open innovation trend has begun to take hold. The turning point was
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How Open Innovation Saved the Microsoft Brand
The website Innovation Excellence reports on how Microsoft embraced an Open Innovation hack. Fresh on the heels of an impressive update to their Xbox 360 platform, including a robust re-envisioning of Kinect – Mircrosoft’s motion-sensor gaming add-on – Microsoft has changed the way people view