Siemens, GE Partner With Open-Source Innovation Community
The Society of Petroleum Engineers website reported that San Francisco-based Launch Forth, an enterprise-level SaaS platform, is powered by an open-innovation community of more than 185,000 solvers. Members participate in projects sponsored by enterprise-level clients including HP Inc., General Electric Co., Local Motors, and Airbus from anywhere in
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Need a Breakthrough? Offer Prize Money!
The Wall Street Journal website noted that, stumped for solutions to hundreds of industrial and technical problems, businesses and governments alike are turning the search for innovative ideas into prize-worthy puzzles that capitalize on the ingenuity of the crowd. These incentive competitions are part
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A New Approach to New Products
A feature article on the Wall Street Journal website noted that using a concept known as open innovation, companies are learning how to quickly harvest loads of ideas for new products from business partners, suppliers, consumers and their own employees outside of their R&D staffs. At the same time,
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GE: The Future of Manufacturing
The TechRepublic website reported that General Electric has launched FirstBuild, a “microfactory” and open community for students, engineers, and innovators on the University of Louisville campus in Louisville, Kentucky. The company wants to create a new business model for the manufacturing
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