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Spotting Disruption: 5 Industries Ready for Transformation

Rocketspace

It's easy to see what makes Uber or Tesla disruptive businesses now, but sniffing out the early-stage ventures that will go on to reshape an industry can be far more difficult. Veteran VC Tim Draper, founder of Draper Fisher Jurvetson and Draper Associates, shared his thoughts on the industries ripe for transformation in a recent talk at RocketSpace.

10 Industries The Internet of Things Will Change Forever

Game-Changer

Today, any organization — regardless of size or industry — can harness IoT to deliver new services, elevate customer relationships, and unlock new recurring revenue streams; thus changing the way we live. Here are ten industries the Internet of things will change forever: Manufacturing. According to McKinsey, linking the physical and digital worlds could generate up to $11.1 Commerce.

Lessons From Airline Industry Downtime

Daniel Burrus

Running an unsupported operating system in an area where security is supposed to be paramount should make us all wonder about other forms of aging technology in the airline industry. Admittedly, if there’s any industry with precious little opportunity to upgrade its technology, it’s the airlines. Coincidence—Or Not? SHARE. The answer is yes. The Wake-Up Call. Call To Action.

How Startups Are Disrupting the Insurance Industry

Rocketspace

Is insurtech ready to disrupt the stodgy, $1 trillion insurance business in the same way fintech is upending financial services? According to CB Insights, insurtech startup funding reached $2.65 billion in 2015, more than triple the previous year as venture capital woke up to the coming disruption in the insurance business. Corporate-Startup Partnerships Trends Insurance Innovation Models

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship with tenure at industry-leading companies, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs. In this session, you will learn: How to find opportunities to collaborate outside the organization to accelerate innovation.

Artificial Intelligence and the Consulting Industry

Innovation Excellence

The increasing diversification of the large global consultancies into other specialties is the first step to what is an inevitable shrinkage forced upon the industry by three factors. The same technologies that have led to the growth of consulting companies over the last couple of decades, will begin to lead to a shrinking of those same consulting firms.

Why the Finance Industry Cannot Ignore Fintech Any Longer

Daniel Burrus

These industries were forced to learn the hard way what happens when you try to delay the inevitable and fail to adapt quickly enough to the Hard Trends shaping the future. Despite the clear warning signs for every industry, there are still those who believe that the old way of doing things will continue to work for another 10 years. One Hard Trend to watch very carefully is the speed of change that new financial technology start-ups, often referred to as “fintech,” will bring to the finance industry, which to date has a divided opinion as to their impact. SHARE.

Digitally Disrupting the Life Insurance Industry

Innovation Excellence

An In-depth interview with entrepreneur and industry disruptor, Yaron Ben-Zvi. In his words, "We're targeting a customer who is expecting a digital experience and we ended up rethinking almost every component of the life insurance transaction.". Feature Of The Week Customers digital disruption Innovation Insurance Interviews NPD product innovation Profiles of Innovators

The Future of Automotive Industry

Rmukesh Gupta

There is a lot going on in the automotive industry, specifically the car segment. will use cars as an example to detail out the challenges that the industry faces. There are multiple disruptive forces that are in play in the industry, which are building on top of one another and creating a growing cyclone that is going to hit the shores of this industry sometime soon.

Innovation in the Finance Industry

In examining how crowdsourcing can be applied to the financial industry, it’s important to. Applications of crowdsourcing in the financial industry. 3. the younger generation views the financial industry. and ethical guidelines of your industry. Crowdsourcing Industry Site www.crowdsourcing.org. 
CROWDSOURCING IN FINANCE. IDEASCALE WHITE PAPER. ten years. others.

Innovation Through Cross-Industry Learning: How is it Changing the World?

InnovationManagement

Cross industry learning, the transfer of technologies across industry boundaries, can revolutionize technology landscapes. We will illustrate the advantages of cross industry learning with a case study. Enabling Factors 3D printing collective learning disruptive innovation emerging technologies learning technology transfer trend

What the Future Holds for IoT and the Wearables Industry

Rocketspace

According to Sukamal Banerjee, executive vice president and global head at IoT Works and HCL Technologies, “ 38 percent of organizations have already started their IoT journey, and 57 percent are planning to , making 2017 an inflection year for Industrial IoT adoption.". At this year's Consumer Electronics Show (CES) in Las Vegas, one thing was abundantly clear: Despite security concerns, the Internet of Things (IoT) is taking off. Accelerators Trends Artificial Intelligence (AI) Internet of Things (IoT) Healthcare

Can you imagine whole industries being wiped out?

Innovation Excellence

Continue reading → Design Disruption Entrepreneurship Industry TechnologyThe “cost to serve” is continuing to be driven down, and data is driving this. Add dislocation and deconstruction to disruption, destruction and digital.

Getting out of the Building, Going Cross-Industry for Seeking Out Radical Ideas

Paul Hobcraft

The trouble is we tend to go to the familiar places; those tried and tested norms, the expected answers that have been well developed as our industry solutions and established as the features our customers expect. Going cross-industry. The whole concept of cross-industry is to seek out new ideas. Cross-industry discovery is growing in its importance to innovating differently.

How AI Can Bring on a Second Industrial Revolution

InnovationManagement

Videos artificial intelligence automation digital era disruptive innovation emerging markets emerging technologies entrepreneur Industry 4.0 "The actual path of a raindrop as it goes down the valley is unpredictable, but the general direction is inevitable," says digital visionary Kevin Kelly — and technology is much the same, driven by patterns that are surprising but inevitable. Over the next 20 years, he says, our penchant for making things smarter and smarter will have a profound impact on nearly everything we do. That means that you're not late.".

Six Keys to Making Collaborative Innovation Successful – Webinar and Book

Speaker: Soren Kaplan, Founder of InnovationPoint

will transform both their organizations and their industries. across industries with CEOs of Fortune 500 companies, health-care organizations, and nonprofits. we want the type of breakthroughs that transform industries, create new business. argued that companies, and entire industries, can be “disrupted” by unforeseen. Industry-leading compa- nies die. world.

Crowdsourced Innovation is Supercharging the Energy Industry

Innocentive

Following our articles on how the packaging and manufacturing sectors are embracing crowdsourced innovation , we now turn to the energy sector. The energy sector is ideally suited for InnoCentive’s Challenge Driven Innovation methodology for a number of reasons, including: Innovation Insights Challenges

Healthcare Corporates Invest in Startups Injecting Innovation Into Industry

Rocketspace

Providence St. Joseph Health, one of the nation's largest nonprofit health systems, was an early adopter of mobile on-demand healthcare app Medicast , which launched about three and a half years ago, billing itself as the "first mobile-app-based house call service." In mid-2016, Providence St. Joseph took its relationship with Medicast one step further by acquiring the Mountain View, Calif., startup. Working With Startups Corporate-Startup Partnerships Innovation Models Healthcare

Consulting Industry Being Attacked on Three Sides

Braden Kelley

We are transcending traditional industry and product boundaries

Paul Hobcraft

What should they do when they realize the traditional markets where they have safely operated for years has suddenly been overtaken by a new market creation, one that has gone outside old borders in industry and product. External collaborations built on emerging platforms of shared need are becoming vital to change the dynamics of existing industry or service to extract growth.

The State of Crowdsourced Innovation in 2016: Multi-Industry Benchmark Study.

A Multi-Industry Benchmark Study 2016 STATE OF. INNOVATION A Multi-Industry Benchmark Study 2016 STATE OF. how your company’s innovation program compares to your industry peers, or want. conducted external research on leading companies in top industry verticals. industries, and sit in various parts of the organization, making this a diverse data set. CROWDSOURCED.

Capturing and supporting innovation in the building industry

Innovation Excellence

Whilst the construction industry is not one that is renowned for being particularly innovative, there are in fact a number of fascinating technologies emerging in the sector. Competitions Industry Innovation Open Innovation building construction

Data Value and Industry Innovation

Information Playground

Dozens of industry leaders gather at UC San Diego today to discuss  Architecting for Data Value. What are the business processes and IT infrastructures that facilitate the calculation of data value? For well over a year I have written (and spoken ) about data value with great frequency. Last week I introduced the motivation behind  this week's workshop.

Consulting Industry Faces Threat From Artificial Intelligence

Braden Kelley

Previously I explored the value of eminence and thought leadership to consulting firms, and how unfortunately the power of inbound content marketing has a dark side that forms part of a three-pronged attack on the consulting industry.

Get Out of the Building and Go Cross-Industry to Seek Radical Ideas

Hype

We all value those times when we can step away from our desk, from the computer or phone and step outside. Some do this because of a necessity of toping up the nicotine levels, others just simply to step away and freshen up. Radical Innovation The Innovation Manager

Data 42

What your definition of innovation says about your company [INFOGRAPHIC]

How WOW Air Disrupted The Airline Industry

Innovation Excellence

So, how did one airline company disrupt the airline industry through a low-budget carrier? Innovation Airline Industry airlines disruption Iceland travel Wow AirA remote, often misunderstood country, Iceland  has become one of the hottest tourist destinations. This is quite alarming.

Key Innovation Lessons from the Nuclear Industry

Innovation Excellence

Innovation Leadership Management Strategy industries Lessons Nuclear Nuclear IndustryOne of my favorite parts about writing about innovation is receiving insightful comments from readers with diverse experiences and perspectives.  HROs, such as nuclear power generation.

Innovation circles the publishing industry

OVO Innovation

There are a few relatively hide-bound industries in the US that have to date been somewhat impervious to real innovation. If you've followed this blog you know that I believe traditional retail banking is one of those industries. Another industry ripe for innovation is the book publishing industry. Self-publishing was going to revolutionize the industry. Further, ebooks, e-readers and other technology were going to innovate and disrupt the industry. Retail banking is already dead, it just doesn't know it yet. But we've been down this road before.

Packaging Industry Challenges – a Nexus for Open Innovation

Innocentive

More than any time in history, diverse industries, companies and organisations are opening up their processes to a global crowd in the hope of expediting progress and finding diamonds in the rough. Innovation Insights Challenges

Can You Involve the Crowd in Your Innovation Initiative?

companies and industries by asking people for new paths towards developing great products. What  Do  We  Need  to  Know  About  Our  Industry  or  Our  Product? also generating a community around those ideas are the ones that are leading their industry. 
WHAT QUESTIONS CAN YOU ASK THE CROWD? IDEASCALE 
What  Ques*ons  Can  You  Ask  the  Crowd? and great brands. We’ve. anyways.

Time to Reboot the Speaking Industry in the Human-to-Human Era

Innovation Excellence

Some people believe that when you are invited to give a talk or a speech, you are expected to entertain an audience. have experienced speakers who post on their social media updates that they are off to be the opening act at a company conference. It always makes me think about the missed opportunity in having this limiting belief.

Conquer your Industry with amazing Ideas from employees

HunchBuzz

Conquer Your Industry With Amazing Ideas From Employees. All businesses want to grow in one way or another whether it be to increase revenue or expand their product line. Everyone has an opinion on how something should be done or done better. The owner of a company is just one individual and while they might have some great ideas, they cannot be the sole source to continue growth.

To Manage for Innovation is to Manage for Progress not Stability

Game-Changer

The Washington Post explores why the industrial revolution didn’t happen in China in a fascinating interview with economic historian Joel Mokyr. Innovation Leadership bill gates china Economics europe history Industrial Revolution management Microsoft Satya Nadella Steve BallmerThe technologies that enabled this change emerged largely in Western Europe. Complacency follows.

Should You Pursue Market Share in Fast-Growing Industries?

Michael Roberto

He writes, "Say you are competing in a fast-growing industry. He finds the majority of people tend to pursue growth in fast-growing industries (55% vs. 45%). Chussil writes, "And yet in over 173 million tournament simulations – every unique combination of the 700+ strategies for the three competitors in the fast-growth industry – the quest for market share led to price wars 90% of the time, subtracting value from the industry. Mark Chussil of Advanced Competitive Strategies has an interesting post on Harvard Business Review this month. He offers good advice.

Upgrade Your Innovation Program with Crowdsourcing Best Practices

Industry leaders are finding ways to involve themselves in these discussions and learn from. generating a community around those ideas are the ones that are leading their industry. 
BEFORE YOU BEGIN. CROWDSOURCING BEST PRACTICES. Community Engagement. Innovation Management. Voice of the Customer. Crowdsourcing. presents a large variety of challenges and opportunities. should. Reach.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

There is much less conversation about the fifth dimension.  In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. Newcomers to the automotive industry such as Google, Tesla, Faraday Future, and likely Apple, but also Uber, and Lyft, realize this imperative. In the not too distant future, automakers won’t be evaluated just on the physical, safety and performance characteristics of their vehicles.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

There is much less conversation about the fifth dimension.  In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. Newcomers to the automotive industry such as Google, Tesla, Faraday Future, and likely Apple, but also Uber, and Lyft, realize this imperative. In the not too distant future, automakers won’t be evaluated just on the physical, safety and performance characteristics of their vehicles.

Drones will Take Innovation Center Stage in 2016

Innovation Excellence

Drones aren't just heavy industry, they are solving community challenges. Continue reading → Disruption Industry Innovation Technology agriculture Community Challenges Computerphobia Computers conservation Drones future Mining Oil Industry utilitiesChristian Sanz offers an overview and his insights on drones today and into the future.

The Debate Between The US Government And The Tech Industry About Encryption, Explained

Digital Tonto

Weakening encryption would offer little to no benefit at possibly enormous cost. In fact, it may make us even more vulnerable. Related posts: Can Encryption Keep Our Information Safe? What Should. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Technology Alan Turing Claude Shannon Encryption

6 Ways to Create a Successful Innovation Program

technology industry. One significant example, KPMG predicts that within 25 years, the $200 billion US auto insurance industry could. industry verticals, from banking and manufacturing to healthcare and energy, we’ve identified a few crucial factors and patterns that. Involve key sponsors early and often “If somebody’s going to disrupt our industry, it might as well be us.”.