The role of suppliers in open innovation should be reconsidered as high tech companies have difficulty identify product/process innovation solely from users and customers. Dell pioneered to have its suppliers proactively engage in product and process innovation along open innovation process. Can Dell make the best practice of open innovation in high tech industry?
Now that the 4th Industrial Revolution is upon us, industry titan Siemens is positioned on the front lines using 3D printing technology to optimize and innovate manufacturing processes.
Brief overview of JP Morgan's adoption of machine learning into its day-to-day operations
This short article describes how Organovo is using a novel technology called bioprinting to produce liver and kidney tissues that could help reshape the way drugs are tested and organs are transplanted in our days. It also discusses the challenges and potential effects on society.
Amazon Studios recently shutdown its crowdsourcing initiatives. This article explores their approach: What went wrong? How could they have better utilized open innovation?
Over the past decade, machine learning has profoundly disrupted online ecommerce shopping experience. It enables ecommerce businesses to create a more personalized customer experience by constantly training and refining their consumer datasets, leading to better conversion rates overall. However, for a business model like Houzz, it faced some unique challenges.
Feet wide apart, arms down by his side, he stares at the precise location where he will place the ball with his right foot. Before the run-up, there is an empathic sigh, with his lips pursed, as his shoulders go […]
LEGO has been highly successful in translating user generated ideas into commercial product lines using its LEGO Ideas platform. How should the company approach the current and future challenges of keeping its external innovators engaged and continue the product innovation momentum?
Beginning in 2019, Brooks Running will offer a personalized running shoe made using 3-D technology. But when will we see true mass-market shoes produced through additive manufacturing?
Europe’s largest online fashion retailer, Zalando, started in 2008 as a European copycat of Amazon and Zappos.com. It’s market leader position is under pressure – Can machine learning enable the company to stay ahead?
