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The Perfect Conditions for Entering A New Innovation Era in 2017

Paul Hobcraft

So if there was ever a time to clear the existing innovation agenda and rework the entire space for innovating, it is about to become the pressing reality as we enter into 2017. The Business Model seems to have a reduced shelf life, we are witnessing more disruption and transformation of existing formats. It needs a base.

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2017 will be to banking what 2016 was to politics

Wazoku

Disruption is no longer on the horizon, it is on every financial institution’s doorstep. These are my predictions for the banking industry in 2017. This will set the foundation for a highly disruptive credit model that, unlike incumbents, isn’t saddled by legacy systems. Blockchain to go mainstream.

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Companies betting big on open innovation

hackerearth

Also, Deloitte announced a partnership with McLaren Applied Technologies in mid-2017. The collaboration for data-driven products is expected to deliver over one billion euros in annual client benefits by 2022. We will discuss a few more companies that bet big on open-innovation in our follow-up article.

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Top funds for innovative ideas and startups: Asia — India

hackerearth

Big companies are relying on mergers and acquisitions, joint ventures, and licensing, with huge funds set aside to grow and consolidate, for continuous and disruptive innovation. In early 2017, Bharat Innovation Fund gained approval from Securities and Exchange Board of India (SEBI) to function as a Venture Capital Fund.

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Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360 Group

Keep in mind that the increase of patent applications and investments in artificial intelligence in the United States and China is tremendous: there are 28,000 filed patents, 35,000 AI companies, and over $20B in investments from 2016 alone, which are forecast to boost global GDP by $16T ( The Economist , 2017). Ready to tackle the challenge?

article thumbnail

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360 Group

Keep in mind that the increase of patent applications and investments in artificial intelligence in the United States and China is tremendous: there are 28,000 filed patents, 35,000 AI companies, and over $20B in investments from 2016 alone, which are forecast to boost global GDP by $16T ( The Economist , 2017). Ready to tackle the challenge?

article thumbnail

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360

Keep in mind that the increase of patent applications and investments in artificial intelligence in the United States and China is tremendous: there are 28,000 filed patents, 35,000 AI companies, and over $20B in investments from 2016 alone, which are forecast to boost global GDP by $16T ( The Economist , 2017). Ready to tackle the challenge?