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
Microsoft Word To Take Voice Commands, Transcribe Recordings
August 25, 2020

Microsoft said on Tuesday (Aug. 25) in a blog post that updates to Office 365 will allow users to record conversations “directly in Word for the web and transcribe them automatically.” In addition, Office 365’s Dictate voice command feature is expanding. The company said that Dictate is available...

Innovation
The Traditional Events That Are Getting Their Digital Debuts
August 22, 2020

In the era of COVID-19, as the world is awaiting a vaccine that will formally bring the pandemic to a close worldwide and consign it to the realm of the ill-remembered past, a lot of traditions are looking to make their virtual/digital debuts. Everything from...

Innovation
TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam
August 14, 2020

Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And it turns Christmas morning into a chance to fight with “those disgusting little Styrofoam worms...

Innovation
Hotel Robots Become Frontline Workers As Pandemic Grinds On
August 11, 2020

Coming to a hotel near you: robots that clean your room and deliver everything from a late-night room service meal to extra towels and toothpaste. The coronavirus pandemic is accelerating a trend toward automation in hotels across the country, with major chains now relying on...

Innovation
Tapping Tech To Redesign How We Use Physical Space Going Forward
August 05, 2020

Some innovations are formed in a straight line, from a problem encountered by an entrepreneur to a solution that grows into a business. But sometimes the road is a bit windy, as Density Founder and CEO Andrew Farah told Karen Webster his journey has been....

Innovation
AutoX: Why Driverless Cars Are Ready To Hit The Road
July 31, 2020

Tests of truly autonomous self-driving vehicles have been uneven at best, but with each scraped test hubcap, the concept draws closer to reality. Major automakers are in, with Toyota backing autonomous driving startup Pony.ai and Fiat Chrysler striking a deal with AutoX, the Hong Kong-based...

Innovation
Lemonade CFO On The Insurance Industry’s ‘Innovator’s Dilemma’
July 27, 2020

The insurance industry has been bogged down by sluggish service and even slower payouts for decades, and while policyholders have certainly weathered their fair share of friction from the sector’s legacy incumbents, those insurance companies themselves have also suffered from a lack of digitization and...

Innovation
This Week In Payments: Accel’s Amit Jhawar On The Great Digital Shift
July 24, 2020

If one were to attempt to boil this week’s payments news down to a single question, it would likely be: “What happens now?” Consumers and businesses are unsure of what the “next normal” will look like — and when it will begin. Amit Jhawar, formerly general...

Innovation
Google’s Shoploop And The New World Of Video-Streamed Shopping
July 22, 2020

The pandemic has created a world where almost every shopper has become a digital consumer as stores closed and the only way to buy anything other than groceries was more or less to go online. But as PYMNTS consumer surveys have shown, what started out as...