Articles tagged as open innovation

Innovation: not a single recipe but multiple needed ingredients
· Connected Industry

Innovation: not a single recipe but multiple needed ingredients

Innovation initiatives often fail because of ambiguous goals and inconsistent support from the entire organization. Only a strong sponsorship of innovation by CEO can drive support and consensus for the innovation effort, starting from executives. A centralized Innovation Portfolio Management is needed to define clear purpose, scope and success measures of the innovation effort. A […]

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Industry 4.0 and Open Innovation
· Connected Industry

Industry 4.0 and Open Innovation

One buzzwords nowadays is “4th Industrial Revolution”. Let’s ask ourselves: What are we talking about when we say “4th Industrial Revolution”? For sure, we are talking about a huge potential of innovation in Industry 4.0. Numerous studies have attempted to quantify the opportunities, and all talk about BIG numbers, in terms of number of connected devices, […]

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