One of the most popular resources that IdeaScale has ever created was our white paper about how crowdsourcing was going to impact the financial sector. I think the reason why that white paper was so popular was because crowdsourcing was just one of many emerging trends that were beginning to shake up the financial sector. Other financial trends included the emergence of blockchain, sophisticated hacker schemes, and much (MUCH) more.
Artificial intelligence or AI is an area in computer science whose primary objective is to create machines that reflect human activities such as reasoning and cognitive abilities. Chronic illnesses can nowadays be treated professionally using AI within a shorter period. It is made achievable through the use of Artificial Intelligence (AI).
The most significant historical change in the library field was the introduction of stacks in the early 20th century. The prominent structures used to house and protect tomes are a familiar sight for library patrons. For many, the idea of entering a library without seeing an immense collection of books is unthinkable. Despite this, a New York public library attempted to do just that. However, the engineers tasked with planning the project immediately opposed the concept, opting for a renovation that would leave a significant portion of the book collection on-site.
Technology is a double-edged sword. On the brighter side, we have ever-changing and improving features because of the rapid evolution of technology. On the other hand, this very pace of technology and the rate at which it is getting updated can cause both developers and users to be left out and outdated if they do not keep up.
The researchers and engineers of the 21st century have produced marvels such as personalized hover boards, self-driving cars and, of course, the societally pervasive smartphone. While the devices are commonplace now, just a decade and a half ago they were unfathomable.
What we know as a home today is nothing remotely like what homes looked like just 100 years ago. We have central air, natural gas heating, and many other modern amenities that our ancestors could never imagine. Therefore, there is no reason to believe that in another century, houses won’t look foreign to us, as well.
In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
Have you ever wondered where great ideas come from? If your company has ever stalled for the lack of innovation, then you’ve probably thought about it from time to time. Innovative ideas can come from nothing, or from a long process of brainstorming and debate, but it always seems like some industries are consistently coming out with the best new products and processes, while others lag far behind. This isn’t your imagination; some industries are moving much more quickly than others. But which industries are the most innovative, and what sets them apart?
In today’s workplace, technological innovation is key to retaining your best talent. From telecommuting, to growth and career development, to improved communication and collaboration, and beyond, there are myriad ways you can keep your employees happy and productive.
Companies once deemed “too big to fail” are increasingly exposed to failure. The threat of disruption is everywhere. Startups are taking on the Goliaths in every market. Scores of malls across the United States are in collapse. Many household brand names are losing ground or even shutting completely. Regardless of industry, businesses face digital Darwinism, the evolution of technology and markets. Disruption is just a matter of when, where and why. To compete, executives must make tough decisions but more so, they must look to new horizons for new insight and direction. Whether companies thrive or cower in the face of digital Darwinism is a choice.
Over 650 submitted projects from all over the world, over 70 international partners including UNESCO, governments, NGOs and media – these are the first facts and figures from the Bringing tech&science closer to people campaign, launched in November 2016. All the best projects were officially presented on Closertopeople.com last week, the effect is mind-boggling.
These days, when migrants arrive at a refugee camp, one of the first things they ask for is access to WiFi and electricity to recharge their cell phones. Their smartphone is as basic a resource for survival as food and water. This is a vivid reminder of the fact that we are fully immersed in a digital world.
Merck KGaA, Darmstadt, Germany is a leading science and technology company in the sectors of healthcare, life science and performance materials. In this interview, Dr. Christoph Huels, Chief Innovation Officer at Merck KGaA, Darmstadt, Germany, discusses entrepreneurial thinking, strategy, ecosystems and culture in the digital era.
Crowdsourced innovation is a tactic used more and more often by government organizations as well as enterprise corporations. This means that innovation teams need to add a new skill set to their resumé: communications.
We can all see that global commerce has evolved, innovative excellence has advanced and entrepreneurialism has accelerated. Just to make things more interesting, all of this change happened extremely rapidly. But how about our own intelligence? Are we really smart enough for 2017 and beyond? Ambition encourages us to reach for success, so let’s test our own entrepreneurial intelligence to see if we’re up to the challenges of 2017.