How ‘Open’ is your innovation strategy?
Shweta Kavishwar

How ‘Open’ is your innovation strategy?

​ "The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow " - Rupert Murdoch For years, the secret sauce for driving innovation in firms has been to hire the best and invest heavily in R&D. Not only were companies able to discover the best ideas with the brightest talent, but they were also able to market and protect these ideas and in turn reinvest to keep the wheel turning. Has this scenario changed today though? Challenging R&D environments, mounting costs and competitive pressures are driving companies to reconsider their innovat...
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Smart Passports: Can blockchains reduce the hassle of visa renewals?
Aravind Ramachandran

Smart Passports: Can blockchains reduce the hassle of visa renewals?

Archaia is a 60 year old entrepreneur, and he has a problem. A multimillion dollar deal, which could transform his steel business forever, hangs in the balance. He can either reach Beijing , China tomorrow morning and sign the deal, or watch as his competitor walks away with the hugely profitable contract. Nova is a 20 year old cricketer - a specialist fast bowler, who also has a similar problem. He needs to reach Mumbai , India by that evening and register as replacement for an injured player on the team. If he doesn't reach on time then a part time pacer, who is already with the team as a ba...
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4 keys to unlock the millennial puzzle in mobility
Aravind Ramachandran

4 keys to unlock the millennial puzzle in mobility

Millennial  is defined as "a person reaching young adulthood in the 21 st century", which essentially refers to anyone born from 1981 onwards and up to 1997 for most demographic research purposes (Pew Research) . This timeline is significant because it coincides with the exponential growth phase of technology and more recently, Industrial Revolution 4.0, characterized by cyber-physical systems as per the World Economic Forum . Not only are they officially declared to be the largest among all generations currently in existence; but also (based on a report from travel website Protrav )...
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Mobility: Why are travelers lagging behind smart shoppers?
Aravind Ramachandran

Mobility: Why are travelers lagging behind smart shoppers?

​ "I want to see the world. Where do I start?" "I have to travel for… What's the best way?" "I need a vacation. Where can I go?" A journey usually begins with one of those thoughts and before it concludes with "I'll post my travel photos online!" the typical traveler would have reached for his/her mobile phone or tablet at nearly every stage in between. In fact, a report from Think with Google (the research wing of the search giant) estimates that as many as 96% people turn to mobile devices such as a smartphone or a tablet when they need quick information or action. But spontaneity isn't the ...
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Blockchain: How to explain it to a 10 year old
Aravind Ramachandran

Blockchain: How to explain it to a 10 year old

" A blockchain is a distributed ledger database that maintains a continuously-growing list of transactions in the form of ordered records called blocks." - Wikipedia " If you can't explain it to a 10 year old, you don't know it yourself " – Albert Einstein (attributed, but disputed) Clearly, not a lot of people without a substantial background in technology can make much sense from the Wikipedia definition of blockchains. Any technologist who wants to explain the concept to a business leader or an investor who isn't very tech savvy would require a simplified version. With a nod to Einstein, wh...
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