Open Innovation: Key Competitive Factor for Banks
March 9, 2014 Editor 0
The Crowdsourcing.org website reports that the potential that open innovation yields for banks has been captured in a new study released by GFT, a leading international IT solutions providers to the financial sector. It’s increasingly important for financial institutions to differentiate themselves with innovative products and services–including from new competitors. The GFT study, “Open Innovation in the Financial Services Sector – why and how to take action”, reveals how banks can deal with the new pressures of innovation. Momentum to change does not just come from within, i.e. from in-house development departments, but rather from external sources.Click here to read the full article..
- Africa: Video On Mobile Networks to Take Off in Africa, Sandvine Poll Says
- Do SMEs Lose their Appetite for Innovation During the Economic Crisis?
- Mobile Technology in East Africa
- Patent-based investment funds as innovation intermediaries for SMEs: In-depth analysis of reciprocal interactions, motives and fallacies
- Futures of Technology in Africa
- New Tanzania study to review fodder markets and their role in boosting dairy production
Categories: Open Innovation
Subscribe to our stories
- The Strategic Role of Design in Driving Digital Innovation June 10, 2021
- Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
- BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
- COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021
- Explicit knowledge networks and their relationship with productivity in SMEs May 30, 2021