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Car Industry Puts Open Innovation in the Driving Seat

Sep-28-12 By IdeaConnection
Whether it’s to create cutting edge technologies or peer into the future, design concept cars, greener cars, or special editions the automobile industry has enthusiastically embraced open innovation and the crowd.

Here are four examples of car brands turning to external sources of expertise to drive their innovation needs:

Get Ready for the Apps of the Future

Sep-27-12 By IdeaConnection
The Mozilla Ignite open innovation contest has entered a fascinating new phase following the announcement of eight winning ideas for apps for the future.

Funded by the National Science Foundation (NSF) and hosted by Mozilla, the challenge is an invitation to build apps that are too big for today’s Internet.

The brainstorming round received more than 300 submissions and the eight winning teams were awarded prizes ranging from $1,000 to $5,000. Next comes three development rounds where developers from all over the world have the opportunity to turn the concepts into reality.

How the Crowd is Giving Companies a Competitive Edge

Sep-27-12 By IdeaConnection
Tapping into the collective intelligence of the public has gone way past the fad stage and though terms such as crowdsourcing and crowdfunding may sound jargony, they are as many people realize important business solutions.

As if to heavily underline this point in thick black marker pen several Fortune 500 companies including eBay, Google and Twitter will be attending CrowdConf 2012 to discuss and learn about the latest trends in crowdsourcing.

New Crowdsourcing Platform Can Save You Money on Medical Bills

Sep-25-12 By IdeaConnection
The crowd is smart and innovative. And it can be resourceful too, helping you to save money.

The costs of health-care are often a huge burden to households in the US, especially when there’s an unforeseen injury or illness.

Hoping to help people keep hold of more of their money and shed some light on medical costs is a website called Clear Health Costs that lets users know what others are paying for medical treatment.

Coca-Cola to Put More Fizz into its Innovation Endeavours

Sep-23-12 By IdeaConnection
Coca-Cola has expressed its desire to be a less secretive company by announcing its intention to engage with open innovation endeavours such as crowdsourcing with customers and collaborating with its franchisees.

According to Marketing Week Anthony Newstead, Coca-Cola’s global director of innovation, IT and Interactive revealed that the company, famous for its ‘secret formula’ is to be more open across the business.

Three Inspirational Talks about Innovation and Creativity

Sep-21-12 By IdeaConnection
Here’s a dose of Friday inspiration to fire up the brain cells as you head into the weekend – three talks on innovation and creativity that are so thought provoking that it’s like feeding your mind champagne and oysters.

 

 

 

Formula 1 Fuels Coffee Innovation

Sep-18-12 By IdeaConnection
The Irish Times has illustrated a recent piece on open innovation with a wonderful example of how a company went outside its usual channels to improve one of its products.

Kraft Foods, no stranger to engaging external expertise for its innovation needs used the modeling technologies expertise of Formula 1 engineers to improve the flow of water through its Tassimo coffee capsules.

Countdown to the Open Innovation Leadership Forum

Sep-16-12 By IdeaConnection
In less than a month’s time some of open innovation’s leading lights will be heading to Chicago for the Open Innovation Leadership Forum.

An outgrowth of the Codev conference this highly popular event will attract leaders from companies that have embraced open innovation. For two days they will brainstorm ideas on how to tackle the challenges of creating more open organisations as they bring innovation into the 21st century.

How Open Innovation Can Make the Planet Greener

Sep-16-12 By IdeaConnection
Sure, open innovation can help companies to innovate faster, create more diverse products, solve seemingly intractable challenges and generally help them steal a march on their competitors. But that’s not all.

The paradigm can provide the means by which many of the problems that vex society can be tackled as organisations turn to the crowd to help them cure diseases, regenerate urban areas, and solve environmental issues.

Here are three ways open innovation has been used to generate green innovations:

Learning from the Open Innovation Success of Others

Sep-14-12 By IdeaConnection
Open innovation brings change, evolution and revolution that allows some companies to compete effectively in the complex global marketplace. That’s the message that comes out loud and clear from a report into open innovation by the Big Innovation Center.

And no matter what form open innovation takes and which platforms companies embrace the ultimate goals are the same – to increase innovation and realise increased value.