Open Banking: Evolve Or Be Left Behind

Open Banking: Evolve Or Be Left Behind

By • on November 15, 2017

The World Finance website noted that open innovation ascertains that companies need to become less insular and look beyond their own house to cultivate new innovations that will grow their business and enhance their services for end-users. Henry Chesbrough’s philosophy is based on the central idea that knowledge is not exclusive to a single entity,

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Using Open Data to Boost Public Sector Innovation

Using Open Data to Boost Public Sector Innovation

By • on August 1, 2017

The Diginomica website noted that the clamor for digital transformation means executives in both the public and private sectors are encouraged to use creative methods, such as hackathons and cross-organization partnerships, to foster innovation. The city of Camden recently launched an open data challenge

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Syngenta, Bayer Try Open Innovation for Next Big Agtech Idea

Syngenta, Bayer Try Open Innovation for Next Big Agtech Idea

By • on December 16, 2016

The Xeconomy website reported that Syngenta, a global agtech firm is using open innovation, the power of turning to sources outside the company to find new ideas and new technologies, to help identify promising technologies, leading to cost savings and faster results. Syngenta and the German company

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Open Innovation in Africa

Open Innovation in Africa

By • on May 27, 2016

The ODI website reported that governments across Africa are increasingly recognizing the benefits that embracing open data and open innovation can bring. Many African countries have open data initiatives while the latest Open Data Barometer research shows improvements in government transparency and

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The Enterprise Case for Open Data

The Enterprise Case for Open Data

By • on May 25, 2016

The Information Age website reported that recent years have shown that open data released by government can stimulate a vibrant startup economy. But according to a new report by the Open Data Institute, large-scale enterprises are also embracing open innovation with very real outcomes. These include

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How Open Innovation is Born from Company Collaboration

How Open Innovation is Born from Company Collaboration

By • on December 15, 2015

The Huffington Post noted that open innovation presents more efficient working that can benefit projects both large and small, and across international borders. Cross-team collaboration maximizes the use of individual skillsets and strengthens project delivery. This approach can be applied to any sector,

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The Benefits of Open Innovation

The Benefits of Open Innovation

By • on March 10, 2015

The World Economic Forum website noted thaT In a more connected world, open innovation offers opportunities to reduce research costs, spread risks and bring innovations to market more quickly. This approach has yielded significant benefits in many fields, including healthcare, IT business models and

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