During the ‘Future of Open Innovation’ panel at TechInnovation 2019, experts highlighted how internal organisational culture and cross-cultural relationship-building influences open innovation.
Experts discuss the trajectory of 5G technology development and dissect its impact on businesses during a panel discussion at TechInnovation 2019.
Every once in a while, technology comes along that changes the way the world works. The internet was one such revolutionary innovation, providing never-before-seen connectivity across the globe, which in turn became a boon for the global economy.
Kickstarting digitalisation with open innovation
Open innovation has helped IoT solutions provider WisQo to develop new products that address market needs, says founder Yang Wenxin.
From fighting food fraud to countering contaminated cuisine, local start-ups are using technology in innovative ways to ensure higher-quality food products.
Technological advances ranging from improved energy storage to artificial intelligence will be key to enabling future mobility solutions.
Companies hoping to tap the personalised nutrition pie need to think both about the products they are offering as well as their business model.
We are what we eat—the dietary choices we make are reflected in the state of our health. For example, eating too much sugary and oily food is a common gateway to type II diabetes, a chronic condition that affects over 420 million adults worldwide.
Navigating the world of tech
See how these three TechOffers bring sensor and positioning systems to the forefront
From fingerprint scanners to navigation kiosks, an increasing number of electronic devices are being deployed to manage facilities and indoor spaces. Many of these devices carry sensors that detect changes in the environment, which can be used for detection or in positioning systems.
Taking the time to craft a good problem statement and prioritising good communication can help co-innovation between large corporations and start-ups succeed.
To stay competitive, many companies—even established ones—are actively seeking to bring new ideas into their purview. Roche Diagnostics, for instance, spent over US$10 billion on research and development in 2018 alone, said Wendy Bao, executive director of Roche Diagnostics.
At RIE Industry Day 2019, a panel of experts shared their insights on how businesses can effectively tap on partnerships with public research institutions to stay ahead of the curve in Industry 4.0.
Getting ahead with AI and IoT
Harnessing the power of artificial intelligence and the Internet of Things, companies can streamline their operations and create value for their clients.
If there’s one thing that organisations crave more than anything in the modern digital economy, it’s data. By collecting and analysing data, companies can optimise their processes, monitor and adapt to changes in consumer behaviour, as well as take a predictive approach towards managing their resources.