Crowdsourcing business or other organization solutions from external problem solution providers, often through prize challenge platforms
Crowdsourcing is having an ever-increasing impact on businesses. That’s whether an established company is integrating crowdsourcing into its processes, often through accessing collective intelligence, or a new business is based from the outset on crowdsourcing...
In our fast-paced and interconnected world, innovation is the key to staying competitive and relevant. Businesses, research institutions, and creative minds worldwide are continuously searching for novel ideas and breakthroughs to drive progress. One powerful approach...
Innovation is the driving force behind progress and positive change, and it thrives on fresh perspectives, diverse expertise, and creative solutions. Crowdsourcing and prize challenges - a form of open innovation - have emerged as powerful methods to tap into the...
Space exploration, and the exploitation of more affordable access to “near space,” both provide tremendous opportunities for innovation. Mass data generated by new technology can be analysed by artificial intelligence faster and more robustly to provide meaningful...
As an Innovation Manager, Dessie Maliaka at HeroX constantly seeks new ways to create value for businesses while ensuring a rapid and positive impact on their sustainability goals. The world is facing critical challenges, and she wants us all to take shared...
Prize challenges have become increasingly popular as a way to spur innovation and solve complex problems in various industries, including technology, healthcare, environment, and social impact. In the future, organisations may use more data and analysis to design...
The use of AR/VR technology in online gaming has given more people than any other experiences an idea of being in the metaverse. It’s an immersive 3D world of interaction, taking place in any designated or chosen location. AR and VR tech is already transforming...
At Crowdsourcing Week we champion the benefits of open innovation as a means to accelerate the development of breakthroughs, solutions and inventions. A growing number of organisations utilise open innovation platforms to go beyond in-house R&D teams, who work in...
It’s possible to find different answers to this question of ‘What is open innovation?’ Though the majority agree it is a process that goes beyond an organization’s own R&D resources and enlists the support of outside help for innovation ideas to resolve...
When seeking open innovation solutions for vexing problems, many large organizations and companies think they have a binary either/or choice. The perceived choice is to go down a broad crowdsourcing route with a wide range of non-expert potential problem-solvers, or...
Some fundamental obstacles prevent most big companies adopting methods or business models that are more sustainable. C Corporation company directors have their hands tied by a legal requirement to maximise shareholder value. Stock markets appear to believe shareholder...
Our ability to communicate with many minds on a mass scale has made it a lot easier to turn to large groups of people to provide us with solutions to challenging issues, to deliver innovative new ideas, or give their feedback on our own ones. Turning a question or a...