
Monetize or Die
The RTInsights website noted that in a fast-moving world of open innovation, there is no reason to limit your overall inventive abilities to be proportional to the size of your teams. Building a gateway channel to a smartly envisioned “open platform” approach with Software Development Kits (SDKs) and Application Programming Interfaces (APIs) can
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Open Innovation in the APAC Region
The Digital Journal website reported that open innovation and industry-wide collaboration promises to improve flexibility and agility while decreasing costs and time to market for service providers serving the Asia Pacific (APAC) connected home markets, according to Steve Coutts — Executive Vice
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Open Innovation Helps Shape Landscape of IoT Applications
An article on the Nexcom website noted that the Internet of Things (IoT) inspired numerous application concepts, but very few were put into effective practice. The main culprit of this is the vast amount of different protocol standards scattered across the industry, creating communication barriers that
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Open Innovation The Way Forward
The CXOToday website reported that Open Innovation is slowly gaining acceptance world-wide with relevant strategies for its implementation being formulated and applied extensively across industrial sectors. Globally, various models for open innovation are in practice that is suitable to the ecosystem
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An example of Open Innovation in China
The Business Spectator reports that Zhang Ruimin, the chairman of the Haier group of companies, wants to turn Western management theory on its head and transform Haier into a giant platform for innovation. As a maker of white goods, the old structure revolves around research and development and sales
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