Corporate Start-up Ecosystem Offers Unique Solutions for Giant Techs
The BizzBuzz website noted that Start-ups have changed the way companies think and operate. And now, even large enterprises rely on them to come up with unique solutions. One such example is Indian IT giant, HCL Technologies. The company has evolved with the emergence of the start-up ecosystem, says Achyut Chandra, Manager and Lead at HCL’s Open
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How Small, Little-known Startups are Accelerating Expansion to the World
BusinessTimesSG reported that taking part in open innovation challenges has helped two homegrown enterprises accelerate growth. With one good innovation, firms can catapult onto the radars of clients worldwide, and on the fast track to becoming a global brand. Singapore-based Tagvance went from running
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Varden in the Running for Open Innovation Award
The AuManufacturing website reported that Australian packaging startup Varden is a finalist for the Open Bosch Award which is presented for outstanding open innovation projects between start-ups and and the company by the Bosch Group. Varden’s core technologies turn natural molded pulp fiber
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Hasbro Is Taking Its Open Innovation Platform Global
The Forbes website reported that since Hasbro, the leading global toy and entertainment company, launched its open innovation platform Spark in 2016, it has received thousands of idea submissions from U.S.-based fans of its approximately 1500 brands. As of this fall, fans in five additional markets —
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Aygaz R&D Gets Boost from LOOP 3D
The 3D Printing Media Network website reported that as an open innovation platform, Plug and Play Istanbul aims to establish connections between cutting-edge startups with Turkish corporations to support innovation and Industry 4.0 in the country’s many sectors, including energy, mobility, manufacturing
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Vibra Partners with IBI-Tech and Advances in the Innovation Sector
PR Newswire reported that Vibra Energia, one of the largest energy companies in Brazil and leader in the fuel and lubricant distribution market, is expanding its operations in open innovation. The company has just closed a partnership with IBI-Tech in its internationalization process to have a better
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Naver Outlines Global AI Ambitions
Computer Weekly reported that South Korean internet giant Naver has been shoring up its artificial intelligence (AI) capabilities in recent years to counter the dominance of the US and China. Naver, which wants to reach one billion users globally in five years, is applying AI models to deliver good user
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L’Oréal Launches Make-up Open Call
The Cambridge Network reported that the Open Innovation Department of L’Oréal R&I is working with Agorize to post cosmetic challenges on their platform. Agorize is a world leader in online Open Innovation Challenges and empowers companies and people from all over the world to connect and showcase
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How Collaboration is Driving the Next Wave of Genomics
Fast Company reported on Illumina, a biotech company with a mission to improve human health by unlocking the power of the genome. Through Illumina Open Innovation, Illumina is investing in new startups and partnering in research efforts to develop solutions in areas such as rapid sequencing and data
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Bayer to Create Ag Biologicals Powerhouse Partnership with Ginkgo Bioworks
Businesswire reported that Bayer is pursuing an agreement whereby Ginkgo Bioworks will acquire Bayer’s West Sacramento Biologics Research & Development (R&D) site and internal discovery and lead optimization platform. This strategic shift to an exclusively external biologics research discovery
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