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Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. You need the ability to adapt to change, and innovate, faster. Why does pace of innovation matter?

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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Let’s look at how top technology trends are expected to drive innovation in 2018. Looks like AI will continue to rule 2018. Some companies are working with public safety workers to identify innovative uses of commercial drones. The workers on the factory floor, commodity salespeople, much of middle management, etc.

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5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

2018 has very much been a year of “epic partnerships”. Even North and South Korea walked under a united banner at the Winter Olympics.Things have been no less epic on the corporate innovation front. To this end, we’ve provided a rundown of five major trends that continue to dominate the innovation scene in 2018.

Trends 74
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How to Stay Ahead of the Game in a Fast-Changing Industry

IdeaScale

And to stay relevant in digital marketing, you need to be innovative. And perhaps one of the most competitive and technology-dominated industries is digital marketing. As with Google, these updates are usually announced on the Facebook Ads blog , and with in-product notifications. Create an innovation council.

Industry 213
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Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

How SpaceX propelled innovation with no investment? While Musk was not developing any commercial Hyperloops and plans lay dormant for almost 3 years, SpaceX announced Hyperloop pod competitions in late 2015 to accelerate the development of functional prototypes. Crowdsourcing can be a powerful innovation tool when tied to a clear goal.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation. trillion in the United States.

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Embracing open banking and API ecosystem

hackerearth

Open banking is the result of PSD2, a conscious effort to promote competition in the retail banking sector to improve customer satisfaction. The aim of the regulation is to accelerate innovation, promote competition, and improve customer experience through innovative products and services. Source: Accenture.