The Most Common Tech Innovation Campaigns
The pace of technology is often what sets the pace of overall innovation progress. Design thinking and innovation thought leaders have called innovation the sweet spot between desirability, feasibility, and viability.
Which Fintech Businesses Will Prevail in the Digital Future
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.
How Artificial Intelligence is Transforming Personalized Medicine
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).
How Technology is Changing the Role of Librarians
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.
Do Healthcare Institutions Need a Chief Innovation Officer?
Everyone wants to think that their innovation program is going to change the world and that feeling persists, because successful innovation programs can have enormous real-world returns. Businesses can save millions of dollars, new business models can disrupt markets, but some of the most impactful innovation efforts are genuinely in the healthcare space. Not only does healthcare innovation overall save the system money (for every dollar spent on innovative medicines, total healthcare spending is reduced by $7.20) but it also has the power to truly save lives as evidenced by research that states “between 1980 and 2010, medical advancements helped add 5 years to U.S. life expectancy.”
5 ways to Make Your Company More Efficient
Making your company operate more efficiently can improve your bottom line, while also making it easier to run and to manage. Fortunately, there are a lot of simple things you can do to boost efficiency. It's a good idea to frequently take a critical look at your processes to analyze how they can be made more efficient. Then, you can take advantage of new techniques and technologies that will easily and conveniently boost your efficiency.
How to Keep Up With Constantly Changing Technology
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.
Blockchain: The Innovation Healthcare Needs Most
In a world constantly changed by the digital transformation, one industry consistently lags behind all the rest: healthcare. For those within the field, it is open knowledge that while other industries are quick to adopt and implement novel technologies, in healthcare the change comes slowly.
5 Innovative Technologies of the 21st Century
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.
3 Ways Technology Will Change The Way We Live In The Future
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.
The Constant Tension Between Managing Innovation vs. Managing Risk
Managing innovation is a big role that puts a lot of weight on the shoulders of management teams. Depending on how much a company cultivates an innovative culture and environment, innovative ideas either go through chains of command, or are workshopped in specific departments.
The Vast Benefits of Tech Implants in the Human Brain
Technology has not only improved our ability to process information and use it to our advantage, but it is now possible to merge our minds to it. This process has already started.
Hey Interface, What’s New?! – Conversational Commerce: People, Problems and Pitfalls
Apple’s anticipated addition to the Smart Speaker conversation will be released on Friday. Much as been said about this speaker and the broader commerce implications resulting from the confluence of voice recognition and AI technology. A confluence dubbed as conversational commerce by Uber’s Chris Messina in a piece published on Medium in 2015.
How Big Data is Sure to Give Your Business a Competitive Edge
Just like oil became a valuable commodity in the 20th century, data is also proving to be priceless to companies and business organizations in the 21st century. Data analysis specialists have projected that by the end of 2020, business enterprises will have data amounts equivalent to 44 zettabytes, or 44 trillion gigabytes.
The FDA’s Digital Health Innovation Action Plan and Cybersecurity for Digital Healthcare
The number one issue for aging consumers is the lack of privacy related to sensitive medical information and other data that wearables like Fitbits and heart monitors bring without proper oversight. This is part of the reason for the FDA’s Digital Health Innovation Action Plan (DHIAP), which is meant to speed up the evaluation process for digital health technologies and allow the FDA to better focus on high-risk products.
Lean Start-Up and Digital Skills: Are They Enough?
If you’re like a lot of people, your company is trying to drive innovation internally, with a workforce that wasn't really hired for that. It's a tough nut to crack, and the very reason we started Swarm Vision.
Do We Need a Digital Bill of Rights?
That the new Apple iPhone X uses facial-recognition software (FRS) to unlock the device rather than a pin or fingerprint, underlines the importance of this burgeoning technology. We will likely see a massive spread in the use of FRS which will bring many benefits but some serious risks which we need to start addressing now.
Turning Big Data into Big Paydays
The global technological advancement has been ongoing for many decades now. The ability to generate big data by companies concerning their clientele and customers is an opportunity that to exploit and transform into huge returns on paydays. Venturing into data analytics can form a source of income for many more people globally as big data continues to get more use.
The 6 Best Video Streaming Tools for Tech Businesses
With video streaming becoming more and more popular, advancements have made networking much easier and simpler for technology businesses. In addition, they have also become a lot more affordable and practical to use. As tech companies begin to grow, the demand for such tools will also grow, and developers of data streaming tools know this. With that in mind, it is much easier to find many options for streaming tools.
How Open Innovation Can Be Used in the Financial Sector
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.
Fintech Innovations to Follow in the Future
Fintech has been one of the most talked-about topics in technological innovation lately, paving the way for revolutions in the financial sphere. The Bank of England announced last year that they would be looking to boost fintech development, indicating keen interest from financial giants. In this article, we’ll look at a few of the many recent innovative developments in fintech.
5 Industries with the Most Innovative Companies
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?
5 Ways to Use Technology to Improve Employee Engagement, Collaboration and Retention
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.
Using Design Thinking to make your employees ready for the Internet-of-Things
Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.