article thumbnail

COVID-19: The digital transformation catalyst of banking business models

The BMI Lab Blog

The banking industry faces change, probably in a never known pace and relevance than before. Although COVID-19 had a positive impact on some banks due to a high increase in asset trading volumes and associated commissions, it also acts as a transformation catalyst. The trend towards a hybrid banking customer is continuing.

article thumbnail

Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. I quickly gathered it was best to eat well before you came to this event and just keep “walking the halls”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Viable intermediary

Idea to Value

The company might not consider this risk to be viable, and therefore the innovation is stalled due to the sunk costs of the previous business. There are also many examples of innovations which get stuck in the innovation valley of death , where they are proven from a technical level, but have not yet been accepted by the market.

article thumbnail

Celebrating Achievements: A Recap of Customers Honored at Planview Accelerate 2023

Planview

We recognize Chevron with the 2023 Vision Award due to their application of advanced data modeling techniques onto a well-established strategic portfolio management process. This past June they hosted a “Planview Day” event at their Headquarters in Basel Switzerland.

Agile 59
article thumbnail

Innovating in an Economic Downturn

Innovators Alliance

This remains true in an upturn, especially as we ramp up again since customers’ priorities and mindsets themselves may have fundamentally changed due to the economic circumstances. Go Bargain Hunting In a downturn, good deals can be found in the form of technology licensing and acquisitions.

article thumbnail

When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

The number of bank tellers has doubled since ATMs were introduced. In a similar way we don’t expect bank tellers to process transactions any more, but to help us with things that we can’t do at an ATM. Let’s think back to what a traditional bank looked like before ATMs or the Internet. Good service was fast service.

article thumbnail

Understanding innovation's past leads to incredible insight

Jeffrey Phillips

Most of us work for approximately 40 years, but we rarely consider the events or recent history before we started working. Oil, steel, railroads and other monopolies emerged, and banking and financial services grew alongside these emerging industries. Innovation during this time was focused on technology - especially weaponry.