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Big Data in Open Innovation

Yet2

As leaders in Open Innovation, at yet2 we strive to innovate ourselves. Using Big Data in our own scouting activities has been an investment we’ve been making over the few years. We believe the most important step to get right in any Big Data strategy is having access to high-quality and unique data sets.

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Exponential Growth: the technological evolution dictating new business models

mjvinnovation

Read on to understand what Exponential Growth is, how you can use technology to scale your business at exponential rates and more! Canadian Salim Ismail – serial entrepreneur, angel investor, author, speaker and technology strategist – coined the term Exponential Organization in his eponymous book.

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Open and Closed Innovation: what are the differences?

mjvinnovation

When we think of Open Innovation, it is tempting to associate it with the opposite of Closed Innovation, the traditional one, generated by our own efforts in organizations, without the aid of external entities and agents. What is Open Innovation? Therefore, it is better to talk about Closed Innovation strategy.

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Open Insurance: what it is and how it works

mjvinnovation

After all, beyond the technique, we are facing a movement that links digital transformation and open innovation to new ways of providing services and providing insurance products. Keep reading to get a macro view of Open Insurance, how it works, how it’s been applied around the world. What is Open Insurance?

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

Before we go deeper into the Open Banking concept, we need a contextualization: just like the rest of the market, banks face numerous challenges with Digital Transformation. The growth of Fintechs – startups that provide financial services using software and other modern technology resources – is an example.

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Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

So the thinking intent of searching for a new innovation design had some framing assumptions that can leverage where we are to move towards a new future. In my view, we must go way beyond “open innovation” as we practice it today. We go and simply ‘grab them’ to fit the innovation we are working upon.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Let’s remind: One size does not fit all.