Innovation

Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.

(source: business.gov.au)

Innovation
United Goes From Airline To Angel With Launch Of New VC Fund
June 10, 2021

Call it, perhaps, a runway to help the connected economy take flight. We’ll stop with the air travel puns now. This week, United Airlines announced the debut of United Airlines Ventures, a venture capital fund that will invest in small to mid-sized companies that have the “potential...

Innovation
PYMNTS Data Brief: 88 Pct Of SMBs Innovated For Pandemic — And Many Are Continuing
June 09, 2021

Small and medium-sized businesses (SMBs) took a beating from the pandemic, and things admittedly looked grim on Main Street in 2020. With COVID now in retreat thanks to mass vaccinations, Main Street SMBs are showing their own form of scrappy resilience in recovery plans. This...

Innovation
DHL Dials Up Robotics Investment As Delivery Timeframes Shrink
June 02, 2021

In a bid to improve speed and logistics, German courier firm DHL announced on Wednesday (June 2) that it is expanding its partnership with Locus Robotics as it strives to find faster ways to ensure that the correct package gets to the right location, on...

Innovation
Construction Tech Firms Contend With Surging Demand And Supply Chain Challenges
June 02, 2021

Among the daily swirl of advancements and announcements from a range of FinTechs, InsurTechs and health techs comes word from a lesser known — albeit equally busy — quadrant of the digital shift: construction tech. “The construction, manufacturing and industrial industries are really facing unprecedented...

Innovation
Paymentus CEO Says IPO Cements Role As Bill Payments OS
May 26, 2021

In this heady market environment, initial public offerings (IPOs) have come fast and furious. Within the payments space, the parade of disruptors continues, as Paymentus became the most recent market entrant, rising nearly 40 percent in its trading debut to end the day at $28.61, up from...

Innovation
Monetizing The Metaverse In Real Time As It Is Being Built
May 24, 2021

The so-called metaverse — the digital 3D space that is a favorite of gamers — may still be under construction and only starting to come into its own, but it is already taking on a secondary role as a marketing platform. While the overall metaverse...

Innovation
New Zoom Platform To Launch ‘Virtual Experiences’
May 19, 2021

Zoom, the poster child of pandemic success, is set to roll out Zoom Events, with the goal of having its platform provide “customers with the tools to create a wide range of engaging virtual experiences.” The company said that the genesis of the new product...

Innovation
Ford Rolls Out ‘Power-Up Software’ For Connected Cars
May 13, 2021

Ford is introducing wireless software technology to deliver automatic updates that will keep vehicles equipped with the latest improvements and upgrades. Ford Power-Up will be available in 33 million vehicles by 2028, with some enhancements already rolled out to over 100,000 F-150 and Mustang Mach-E...

Innovation
Oura Sleep Rings And The Expanded Future Of Wearables
May 12, 2021

The average consumer may not have heard of the Finnish wearable maker Oura yet — but they have most certainly heard of the firm’s most high-profile users. The NBA, NASCAR, UFC and Formula One racing have all struck deals with the firm, which offers a...