Do you collaborate with external partners to co-create new value? Then be sure to check out Capgemini’s latest report The power of open minds: How open innovation offers benefits for all.
The report surveyed more than 1,000 large organizations to find that:
- 83% of organizations say that open innovation is a critical success factor in achieving sustainability goals
- 75% of organizations say that open innovation is critical to addressing complex business issues
- 71% of organizations plan to increase investment in open innovation in the next two years
However, most organizations have been unable to tap into the full potential of open innovation. Among the recommendations made by Capgemini is to adopt technology enablers to manage and coordinate open innovation initiatives. Thomas Girard, Bloomflow CEO & cofounder, explains in the report how “Innovation management platforms serve as a catalyst for an open innovation strategy, helping align organizations and their partners while uncovering valuable pain points.”
Unlocking the power of data is crucial to transforming open innovation processes. The ability to easily extract insights on project success rates with specific partners is key to improving open innovation outcomes. Innovation management platforms serve as a catalyst for an open innovation strategy, helping align organizations and their partners while uncovering valuable pain points
Thomas Girard / CEO & cofounder at Bloomflow. Source: Capgemini
For more in-depth information on the challenges and solutions of effective open innovation, check out the full report here.
