Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

Source: en.wikipedia.org

Lithuania Pledges Roughly €600M to Promote Innovation, R&D

Lithuania Pledges Roughly €600M to Promote Innovation, R&D
Lithuania Pledges Roughly €600M to Promote Innovation, R&D
August 21, 2022  |  Innovation

The Ministry of the Economy and Innovation of the Republic of Lithuania will make about €600 million ($602.5 million) available in the next few years...

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Restaurant Roundup: QSRs Make Changes to Value Menus Amid Inflation
Restaurant Roundup: QSRs Make Changes to Value Menus Amid Inflation
August 19, 2022  |  Restaurant innovation

As inflationary challenges continue, restaurant brands are rethinking their value offerings, with some presenting new deals to woo price-conscious customers and others going the other...

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Toast Sees 40% Increase in ResTech Locations, as Food Inflation Boosts Need for Efficiency Tools
Toast Sees 40% Increase in ResTech Locations, as Food Inflation Boosts Need for Efficiency Tools
August 11, 2022  |  Restaurant innovation

Restaurant-based digital tech platform Toast said it saw a record increase in new location adds, as economic conditions push consumers and businesses to find new...

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HanesBrands Speeds up Supply Chain Remake After $100M Hit From Cyberattack
HanesBrands Speeds up Supply Chain Remake After $100M Hit From Cyberattack
August 11, 2022  |  Retail

After suffering a cyberattack that cost it $100 million in net sales, HanesBrands is pressing forward with its efforts to remake its supply chain and...

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FinTechs Stare Down Fleet Management’s Frictions
FinTechs Stare Down Fleet Management’s Frictions
August 08, 2022  |  B2B Payments

For a business that preaches the need for speed, the trucking business seems to run into processes with the potential to keep trucks idling at...

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Economist: Tougher Regulation Needed While Stablecoins Make Their Case for Innovation
Economist: Tougher Regulation Needed While Stablecoins Make Their Case for Innovation
August 08, 2022  |  Cryptocurrency

Stablecoins may be able to help crypto’s hot potato problem, but they aren’t going to stop investors from getting burned. Get the Full Story Complete...

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Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
Amazon to Acquire iRobot, Maker of Roomba Robot Vacuum
August 05, 2022  |  Acquisitions

Amazon is set to acquire iRobot, the maker of the Roomba robot vacuum, in an all-cash transaction valued at $1.7 billion. Get the Full Story...

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Taco Bell Leverages Buzzy Product Drops to Combat Inflation Trade Down
Taco Bell Leverages Buzzy Product Drops to Combat Inflation Trade Down
August 03, 2022  |  Restaurant innovation

As prices skyrocket, major restaurant brands must work harder to keep their customers from trading down to food-at-home options, and a way they can do...

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Synctera Launches Compliance Program Ground Control
Synctera Launches Compliance Program Ground Control
August 03, 2022  |  Innovation

FinTech platform Synctera has launched Ground Control, a banking and compliance program designed to help creators of financial products ensure they are meeting banking and...

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