Accelerate Innovation with Strategic Insights from 30 + of The

Total Page:16

File Type:pdf, Size:1020Kb

Accelerate Innovation with Strategic Insights from 30 + of The Disruption Playbook: Innovation Accelerate innovation with strategic insights from 30+ of the most influential industry leaders DISRUPTION PLAYBOOK: INNOVATION Continuous innovation is According to research from McKinsey, companies that prioritized innovation in past crises emerged stronger postcrisis, outperforming the market average essential for long-term success. by more than 30%. BCG reports a similar trend – companies doubling down on innovation during downturns are more successful over the long term. And with COVID-19 rapidly The message is clear: success in the post-pandemic world begins with a strong focus on innovation today. changing demand, consumer But successful innovation isn’t easy. Even before the pandemic, a survey by behavior, and the way we do BCG revealed that although 80% of innovation executives reported innovation as a top-three strategic priority, only 30% felt their organizations business, the need for an were good at it. To make it work, you need to develop the right culture, effective innovation strategy is balance a variety of moving parts, and dodge a host of potential pitfalls. stronger than ever. To help you do just that, we’ve created this playbook. Inside, you’ll find insights from some of the brightest minds and most successful innovation leaders in business today. So wherever you are in your innovation efforts, you’ll be better able to recognize promising opportunities, quickly select the Radek Zaleski best, and successfully transform them into new sources of revenue. Partner, Fintech Lead Good luck! DISRUPTION PLAYBOOK: INNOVATION Warwick Hill Rohit Kumar Barbara Fuchs Investor and Corporate Advisor Director, Products and Innovation Head Business Model Innovation at at Supercapital Partners at Mastercard Ivoclar Vivadent Kristian Hart-Hansen Akshay Chopra Barbara Liebich-Steiner CEO and founder of LEO Head of Innovation & Product CDO and Head of Digital Strategy Innovation Lab Design, CEMEA at Visa & Solutions at UNIQA Insurance Group Jan Schütz Laura Barrabia Gil Esther Seidl-Nussbaumer Senior Innovation Manager Head of Exploration at Roche Head of Corporate Innovation at at finstreet SIGVARIS GROUP DISRUPTION PLAYBOOK: INNOVATION Jonathan Denais Mercedes Pantoja Johannes Busse Managing Director of Open CNP – Head of Technology & Architecture Independent Banking & Payment Head of Investments at CNP at LATAM Airlines Expert Assurances Rita Waite Jan Enno Einfeld Barbara Walensa Head of Payments BD & Innovation CEO at Finiata PhD, IT strategy practitioner at Millennium Anneli Bartholdy Ismail Shomala Veronika Bridgman Strategic Partner at Nordea, Digital Product Executive at gomoney Innovation & Design Strategy Innovation & Product Ownership Director at Sprint Kingdom Commercial and Business Banking DISRUPTION PLAYBOOK: INNOVATION Konrad Jarociński Steve Suarez Moritz Spangenberg Innovation Lab Manager at Global Head of Innovation, Finance Client Partner - Fintech at Netguru Netguru & Risk at HSBC Erhan Bilici Nataly Nieves Reyes Mats Lundquist Capital Planning and Stress Testing Innovation Specialist at Deutsche CEO at Telenor Connexion Officer at UBS Bank Innovation Lab Peter Collingridge Sebastian Grimm Maarten Boelens EMEA Head, D10x at Citi Ventures Head of Innovation Lab Innovation Manager at Rabobank at ZF Friedrichshafen AG DISRUPTION PLAYBOOK: INNOVATION Ron Ashraf Robin Buschmann Scrum Master at Allianz SE Head of Ecosystems at Commerzbank DISRUPTION PLAYBOOK: INNOVATION Startups and Corporate Design Breaking Innovation Thinking down Silos Digital Failure and Innovation Validation and Transformation Prototyping DISRUPTION PLAYBOOK: INNOVATION It’s difficult for innovation to reach its full potential by relying on internal Partner with resources alone. As a startup, you may be nimble and able to quickly spot and exploit opportunities in the market, but you may be restricted startups to get by budget constraints, access to customers, and a lack of facilities. ahead If you’re an enterprise, on the other hand, you may have large budgets and considerable resources at your disposal, but you’re often limited by your existing infrastructure. Risk aversion, bureaucratic processes, legacy systems, culture, and lack of creativity can all stifle innovation and prevent companies from keeping up with the pace of change required by the market. The answer for many is to seek out mutually beneficial relationships and opt for collaboration over competition. In this section, we look at the importance of external innovation opportunities and how to get the most out of them. DISRUPTION PLAYBOOK: INNOVATION Why companies should consider an outside-in approach I think every large enterprise should ask themselves whether they’ve got the internal mechanisms within the organization to drive innovation or whether they should collaborate with externals. Looking at the companies that have successfully adopted change, they have a real program where they not only disrupt themselves, but they start to look at how they do business and see whether they can adopt an outside-in approach. And I think the outside-in approach gives them a far greater understanding of what's happening in the ecosystem, what's happening around them, and what's happening in the competitive space of their products. Warwick Hill Investor and Corporate Advisor at Supercapital Partners DISRUPTION PLAYBOOK: INNOVATION Get insights into what lies ahead A corporate venture fund is one of the solutions that enterprises should think of. Not only does it allow you to scan the market to observe new trends, but it also opens up way more chances to retain a stake in the market. We believe it’s useful to have more eggs in the basket, so our venture arm is investing in companies that operate in similar areas that we do. As a stakeholder in these companies, we’re able to learn from them and better anticipate the challenges that are awaiting our projects further down the road. Kristian Hart-Hansen CEO and founder of LEO Innovation Lab DISRUPTION PLAYBOOK: INNOVATION Make it more than just a financial relationship The goal of our external innovation program is primarily learning from working with them [startups]. This means involving a lot of different stakeholders internally, so it's not just a financial relationship, and enabling them to spread good practices to the internal projects afterward. It's also a way for us as an organization to test emerging new trends that we think could have a lot of potential. This could be anything from new kinds of insurance products to blockchain. Jonathan Denais Managing Director of Open CNP – Head of Investments at CNP Assurances DISRUPTION PLAYBOOK: INNOVATION Staying relevant in fintech In the fintech industry, the current influx of public startups proves that it doesn’t take decades to climb to the top of the ladder. In fact, the ten most valuable fintech companies in the world are mostly between six and 10 years old, but none of them have gone public yet. However, with all of the innovation happening in fintech right now, that could change in an instant, creating even more competition for enterprises. Moritz Spangenberg Client Partner - Fintech at Netguru DISRUPTION PLAYBOOK: INNOVATION Partnering with startups as a tactical decision Partnering with startups is becoming more dominant in strategic as well as tactical decision-making processes. The cost of collaboration with cloud, API and other technological innovation has decreased significantly. Today the question is not if one can copy a good idea, it is all about who is delivering the best product or service, and who is able to easily integrate the solution into others’ value chains. Banks can fulfill customer needs, avoid churn, and build ecosystems around their core offering because they own the customer interface. On the other hand, this strategy emphasizes the importance of brand, trust, and reach as three of banks’ core competitive advantages. In terms of efficient innovation management, it might also be less costly trying new features with a partner than building them. A key requirement for a well- functioning partnering strategy is an efficient on- and off-boarding process. The levers to look at are a modular architecture, harmonized pricing and branding policies, and of course aligned sales incentives. Robin Buschmann Director, Digital Transformation at Commerzbank DISRUPTION PLAYBOOK: INNOVATION Incubate ideas In theory, innovation should produce products and services that are tightly aligned with customers’ unmet needs. But efforts are often hampered by the fast with design biases and behaviors of the people involved in creating them. Design thinking counters this with a human-centered but structured approach. thinking If you’re not familiar with design thinking, team members approach challenges by immersing themselves in the customer experience rather than focusing on products or services. They gather data and produce insights and then use these insights to brainstorm solutions. Team members must examine and challenge their assumptions before creating prototypes to test their proposed solutions with customers. Insights are then fed back into the process, and the solution is refined. When done well, design thinking can increase the success rate of innovation projects and result in a real competitive advantage for your organization. In this section, we look at how you can incorporate it into your own initiatives. DISRUPTION PLAYBOOK: INNOVATION 8 questions to ask in the exploration phase I'm responsible for exploration, the first part of the innovation funnel. The idea of exploration is to do design thinking. We go in with disciplinary teams and first try to understand what knowledge we have inside the organization. Then we go out and talk to our customers and try to answer a few questions: Is it a problem we want to solve? Is it desirable? Do our customers need a solution? Is it viable? Can we make money out of it? Are customers willing to pay? Is it feasible? Is the technology out there, or do we need to wait 20 years to make that happen? Based on that, we decide whether we want to pass the project into a design phase, to really deep dive and design a solution, or whether we just stop and explore another one.
Recommended publications
  • Tips on Successful IT Projects: on Time, Within Budget
    INTRODUCTION 04 MANAGEMENT 05 • HOW TO START A SUCCESSFUL IT PROJECT: A NO-STRESS ROADMAP 06 • 7 OUTDATED PROJECT MANAGEMENT PRACTICES YOU NEED TO ABOLISH NOW 11 • TIME SAVING HACKS (NOT ONLY) FOR BETTER PROJECT MANAGEMENT 13 • AFTER ACTION REVIEW. DOES A FAILURE ALWAYS MEAN WE FAILED? 16 PROCESSES 18 • 3 WAYS TO PLAN IT PROJECTS (TRIED AND TESTED BY NETGURU) 19 • HOW SCOPING SESSIONS CAN HELP A CLIENT LAUNCH A BETTER PRODUCT 20 • HOW ITERATION RETROSPECTIVES CAN IMPROVE YOUR WORK 22 • ESTIMATION MYTHS DEBUNKED! 24 COMMUNICATION 29 • COMMUNICATION WITH CLIENTS: TOP SECRET CHEAT SHEET 30 • 5 COMMUNICATION TACTICS FOR BUILDING GREAT WEB APPLICATIONS 34 • AVOIDING COMMON MISTAKES IN WORKPLACE COMMUNICATION 36 • WHAT WIKIPEDIA WON’T TELL YOU ABOUT CALLS WITH CLIENTS 41 MOTIVATION 44 • 5 WAYS (AND 13 APPS) TO HELP YOU FIGHT OFF PROCRASTINATION 45 • HOW TO DEMOTIVATE YOUR TEAM MEMBERS 46 • HOW TO MOTIVATE YOUR TEAM: NAKED FACTS AND SUREFIRE TIPS 49 • GUIDE TO GIVING EFFECTIVE FEEDBACK 51 EDITOR: Aleksandra Prejs AUTHORS: Agnieszka Amborska, Amelia Rubiś, Elżbieta Durka, Katarzyna Kramnik, Kinga Hankiewicz, Joanna Knap, Paulina Tomaszewska, Chris Meier, Bastiaan Repetski, John Waldron, Szymon Krywult DESIGN: Bartosz Bąk TECHNICAL CONSULTATION: Netguru PM Team 04 INTRODUCTION It’s quite obvious that electronics and IT are all around us – behind every computing device there’s software that runs it. End users may have the impression that building an IT product happens like magic. Every project manager (including yourself) knows, however, that in- stead of doing magic you have deadlines to meet, a budget to stick to and a team of various individuals to motivate and cooperate with.
    [Show full text]
  • Fuji Xerox Selects Netguru's Ereview
    _____________________________________________________________________________________ FUJI XEROX SELECTS NETGURU’S EREVIEW Web4’s leading viewing and collaboration technology to be bundled with Fuji Xerox Singapore’s leading ECM product YORBA LINDA, CA – May 20, 2003, Web4, a division of netGuru, Inc. (NASDAQ: NGRU), a provider of enterprise collaborative commerce solutions, today announced an exclusive distributor agreement with Fuji Xerox Singapore (FXS), a leading provider of document and knowledge management solutions and a key innovator in the enterprise content management (ECM) arena. Web4 will integrate eReview, Web4’s leading two-dimensional (2D) and three- dimensional (3D) collaborative viewer, with FXS’ knowledge-sharing product, DocuShare. DocuShare is a collaborative work environment that enables the sharing, repositioning and management of any document across an enterprise. FXS will retain the exclusive rights to sell eReview in Singapore with FXS’ proprietary document management suite of products in all vertical markets excluding the oil and gas industries. By integrating eReview’s market-leading real-time visualization, markup, conferencing and collaboration technology, FXS will help solidify its offerings in the ECM space by adding interactive, real-time, native viewing of structured and unstructured data found in many popular document types like 2D and 3D Computer Aided Design, Microsoft Office documents, raster images and Electronic Design Automation. With the help of eReview, FXS users familiar with automating and controlling their workflow processes with FXS’ suite of content management products like DocuShare will now have the added ability to collaborate at any point in a document’s life cycle. eReview meetings can also be saved, replayed and archived into DocuShare’s work environment.
    [Show full text]
  • Master Thesis in Social Media and Web Technologies Studying The
    Master Thesis in Social Media and Web Technologies Studying the impact of a mobile application in food waste reduction, circular economy, and social interaction inside the community Author: Christos Gkalfas Supervisor: Marc Jansen Examiner: Nuno Otero Exam date: 14 June 2019 Subject: Social Media and Web Technologies Level: Master Course code: 5ME11E Department of Computer Science and Media Technology i Abstract Social and ecological sustainability applications are a significant way to bring equality, equity, and happiness in society. Food waste and food security are two of the most significant problems the people have to tackle the next years. In every country, there are huge problems regarding the food waste which cause serious health problems and pollution not only in the atmosphere but in the subsoil as well. Contrary to that, there is a countless number of peo- ple facing food security issues every day across the globe. These problems occurred in Greece as well due to the modern way of living on one hand and the financial crisis on the other. A combination of technological ideas in the economic field of the circular economy could be applied to succeed in sustainable solutions. In this thesis, a literature search conducted in order to identify similar prob- lems in Greece. There are very worrying statistics that indicate the massive food waste that is happening in Greek households. Additionally, the lit- erature search for food security and unemployment reveals the significant problem occurred in society as a result of the financial crisis. An additional search in the field of the circular economy reveals excellent solutions in the agricultural machinery sharing and refactoring that could be applied locally, exploiting the existing infrastructure of the community.
    [Show full text]
  • Dokument Informacyjny
    DOKUMENT INFORMACYJNY DOOK S.A. sporządzony na potrzeby wprowadzenia akcji serii B oraz akcji serii D do obrotu na rynku NewConnect prowadzonym jako alternatywny system obrotu przez Giełdę Papierów Wartościowych w Warszawie S.A. Niniejszy dokument informacyjny został sporządzony w związku z ubieganiem się o wprowadzenie instrumentów finansowych objętych tym dokumentem do obrotu w alternatywnym systemie obrotu prowadzonym przez Giełdę Papierów Wartościowych w Warszawie S.A. Wprowadzenie instrumentów finansowych do obrotu w alternatywnym systemie obrotu nie stanowi dopuszczenia ani wprowadzenia tych instrumentów do obrotu na rynku regulowanym prowadzonym przez Giełdę Papierów Wartościowych w Warszawie S.A. (rynku podstawowym lub równoległym). Inwestorzy powinni być świadomi ryzyka jakie niesie ze sobą inwestowanie w instrumenty finansowe notowane w alternatywnym systemie obrotu, a ich decyzje inwestycyjne powinny być poprzedzone właściwą analizą, a także, jeżeli wymaga tego sytuacja, konsultacją z doradcą inwestycyjnym. Treść niniejszego dokumentu informacyjnego nie była zatwierdzana przez Giełdę Papierów Wartościowych w Warszawie S.A. pod względem zgodności informacji w nim zawartych ze stanem faktycznym lub przepisami prawa. DATA SPORZĄDZENIA DOKUMENTU INFORMACYJNEGO: 21 LISTOPADA 2017 R. Autoryzowany Doradca Dokument Informacyjny DOOK S.A. Wstęp Emitent Nazwa (firma): DOOK Spółka Akcyjna Kraj: Polska Siedziba: Wrocław Adres: 53-025 Wrocław, ul. Skarbowców 23B Numer KRS: 0000639585 Sad Rejonowy dla Wrocławia-Fabrycznej we Wrocławiu, VI
    [Show full text]
  • About Our Firm
    ABOUT OUR FIRM Software Equity Group is the nation’s leading investment bank and M&A advisory for privately- held software companies, e-businesses and IT service providers. Founded in 1992, our firm has provided advice and representation to hundreds of such firms throughout the United States and Canada, as well as Europe, Pacific-Asia, Africa and Israel. We primarily represent sellers – established, successful companies with revenues of $5 million to $50 million that seek to be acquired at a highly attractive valuation. We also provide M&A advisory services to public companies in search of strategic acquisitions. Software Equity Group is known and respected worldwide by public software company CEOs, CFOs and Corporate Development executives, first tier U.S. venture capital and private equity firms and software entrepreneurs. Software Equity Group’s Quarterly Reports are read by decision makers in twenty-six countries and members of our firm are quoted widely in such leading publications as The Daily Deal, Barrons, Reuters, Mergers & Acquisitions, USA Today, Softletter, Software Success, Software CEO Online and Software Business Magazine. Software Equity Group’s senior bankers have keynoted and spoken at more than one hundred software industry conferences and seminars, including Software Business, SoftExpo, Culpepper, VAR Conference, and the Arizona, Colorado, Chicago, Southern California, Denver, San Diego and Boulder Software Associations. Our clients span virtually every software technology, including e-commerce, data analytics, development tools, call center management, digital rights management, embedded systems, wireless apps, supply chain, ERP, CRM, middleware, CAD, internet infrastructure, as well as some 57 different vertical markets. We know these technologies and these software subsectors intimately, and we track closely software market trends and directions.
    [Show full text]
  • Ruby​ ​On​ ​Rails​ ​-​ ​A​ ​Perfect​ ​Way​ ​To​ ​Kickstart
    Ruby on Rails - a perfect way to kickstart ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ your software business Quick G​u​ide for CEOs ​ ​ ​ ​ ​ ​ ​ ​ Date: Nov 6th, 2017 ​ ​​ ​ ​ ​ ​ ​ Table of contents ​ ​ ​ ​ Why and when to use Ruby on Rails? ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 4 Where Ruby on Rails falls short 5 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Is Ruby on Rails a Good Choice for Machine Learning? 7 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails for E-commerce 9 ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails Development Agency - How to Prepare The Setup And Workflow For Your Team 14 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ netguru.co 1 Selecting a technology in which you will develop a web app is a challenge that every product or ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ business owner has to face. If you make the right choice, it will give you a solid base for growth and ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ expansion. If you choose wrong though, it may cost you an arm and a leg. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ruby on Rails (RoR) is a popular web framework for web application development built on the Ruby ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ programming language. As a full-fledged web framework, RoR offers many components of a successful ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ web project, such as an ORM (Object Relational Mapping) system for business data and logic, routing, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
    [Show full text]
  • The State of Machine Learning in Fintech 2020
    Disruption Report THE STATE OF MACHINE LEARNING IN FINTECH 2020 by Table of content Content 1 Introduction 2 Key takeaways 3 The current state of machine learning in fintech 4 Machine learning adoption 4 Data readiness 8 Biggest drivers 10 Strategic priority 13 Approach to deploying machine learning 15 Use cases 15 A look at the wins and losses 19 Value achieved 19 Challenges 20 Key challenges in adoption 20 Looking to the future 24 Future adoption 24 Future use cases 27 Methodology 30 About Netguru 32 The State of Machine Learning in Fintech 2020 - Report 1 Introduction Fintech has revolutionized the financial services industry and continues to evolve rapidly. Advances in technology have enabled disruption and innovation in a market once dominated solely by large institutions. Now, startups and new business models continue to reshape the market, including insurance services, payments and transactions, financial advice, and customer service. One of the key driving forces accelerating the transformation of the industry is machine learning. From predictive analytics and fraud detection to personalized customer engagement and improving customer experience, machine learning creates a myriad of exciting opportunities. Companies can reimagine their businesses, pursue operational efficiencies, and, ultimately, get ahead of the competition. Given the rapidly changing nature of technology adoption and the fintech landscape alike, we wanted to collect and share the most up-to-date information about the current state of machine learning in fintech. In this report, we will explore the current trends, wins and opportunities, challenges, and future developments for companies in the fintech space. The State of Machine Learning in Fintech is based exclusively on data provided by representatives of the fintech community around the world.
    [Show full text]
  • Online Grocery Shopping
    Disruption Report ONLINE GROCERY SHOPPING by Table of content Disruption Report - Online Grocery Shopping About the report 2 Part 1: Online grocery market overview 4 Online sales: the main challenges 5 Conclusions on consumer attitudes from our survey 8 The impact of COVID-19 on grocery retail 9 Part 2: How to adapt to the changing reality 11 Industry predictions 11 Effects of the pandemic on the digital world 12 What’s missing from existing solutions 13 Part 3: Recommendations for frictionless online grocery shopping with 15 Click & Collect Why Click & Collect? 15 Online shopping reinvented 18 Summary 24 About Netguru 25 Partners 27 Contributors 31 Online Grocery Shopping - Report 1 About the report We hope that this report will be a source of interesting insights for retailers and changemakers alike while inspiring them to reimagine online grocery shopping in a way that boosts their business While regulators around the globe are huddling to contain the spread of COVID-19, consumers are towards profitability and brings delightful experiences to end consumers. trying to adapt to the new normal: severe social distancing and self-isolating measures. Retailers that want to accelerate out of the economic downturn need to be very Given the dawn of this new reality, many aspects of online shopping behavior will alter in the customer-centric in their decisions and investments. During discussions with retail leaders coming months. Preparing for these changes will become a basic necessity for the retail industry. from Delivery Hero, Zabka, and Ebay during our last Disruption Forum Retail, it became clear that customer-centricity is the way to win during the next normal.
    [Show full text]
  • Business Services Sector in Poland 2019
    BUSINESS SERVICES SECTOR IN POLAND 2019 Report prepared by the Association of Business Service Leaders (ABSL) in cooperation with EY, JLL, Randstad Polska and Randstad Sourceright Project Coordinator: Janusz Górecki, Head of Sector Research & Analytics, ABSL [email protected] www.absl.pl Interested in cooperation with ABSL? Please contact: Paweł Panczyj, Strategy & Business Development Director, ABSL [email protected] www.absl.pl Graphic design and DTP : www.ponad.pl ® ABSL 2019 The economic copyrights hereto shall be vested in the Association of Business Service Leaders (ABSL) with its registered office in Warsaw and shall be protected under the applicable copyright laws. Any dissemination or copying of this work, in whole or in part, in any form or manner and in any field of exploitation, without ABSL’s prior written consent, is prohibited. Any use of the materials contained herein for quotation purposes is permitted on the terms set out in copyright laws, and requires the source of the quotation to be stated. In the event of any concerns or the need for broader use of the work than personal use, please email us at [email protected] Quoting appropriately-sized excerpts from the report is permitted provided that: (I) the quotation is provided free of charge for non-commercial purposes; (II) the Associa- tion of Business Service Leaders (ABSL) is named as the source of the quotation; (III) the quoted excerpt from the work is not modified or quoted in a manner that modifies its contents or the theses contained therein; and (IV) the disclaimers contained therein are specified.
    [Show full text]
  • Disruption Report ONLINE EDUCATION 2020
    Disruption Report ONLINE EDUCATION 2020 by Disruption Report: Online Education 2020 Table of contents Table of contents 2 Executive summary 3 1. Introduction 4 2. The state of EdTech 4 2.1 What is EdTech? 4 2.2 The value of the EdTech market 5 2.3 EdTech in the private vs. public sector 7 2.4 How technology can support education 9 2.5 The main challenges for EdTech 9 3. Technology in the online education industry 18 3.1 Online education tools 18 3.2 Top use cases 18 4. Looking to the future of EdTech 19 About Netguru 20 2 Disruption Report: Online Education 2020 Executive summary Education technology, or EdTech, involves the use of technology to enhance teaching and learning. Although the education industry has historically been slow to adopt new technologies, the EdTech sector has seen rapid growth in recent years. Even before COVID-19 forced the closure of schools and accelerated the adoption of digital learning tools, spending in the education technology sector was predicted to reach $342 billion by 2025. ​ ​ ​ ​ ​ ​ EdTech has the potential to transform education. If deployed correctly, it has the power to drive a step-change in teaching methods, assessment processes, administration processes, and lifelong learning. For entrepreneurs to successfully develop EdTech solutions and education leaders to implement them effectively, it is important that both groups fully understand the market and users’ motivations and expectations. To help, we compiled this report based on recent research findings and our own experience. Our key findings include: ● The EdTech sector faces significant challenges in managing privacy and security issues, inequality of access, and quality concerns.
    [Show full text]
  • The-Polish-Tech-Scene.5Years.Pdf
    Startup Poland The Polish Tech Scene. 5 years. Warsaw 2019 © Copyright Startup Poland, Warsaw 2019 ISBN: 978-83-948788-7-0 THE POLISH Authors: Julia Krysztofiak-Szopa Monika Wisłowska TECH SCENE. Research methodology: 5 YEARS Agnieszka Skala Data science: Sotrender coordinated by: Jan Zając & Jakub Krawiec Proofreading: Aeddan Shaw DTP: wedesign.pl Publisher: Startup Poland, Al. Jerozolimskie 93, 02-001 Warsaw Free publication Available online at: www.startuppoland.org Report Partners: Data Science Partner: THE POLISH TECH SCENE. 5 YEARS Table of contents EXECUTIVE SUMMARY ....................................................... 6 STARTUP FOUNDERS ........................................................ 13 Top 10 conclusions from 2019 ................................................. 6 Startup density in Polish regions ....................................... 14 Legal forms of Polish startups ............................................. 15 INTRODUCTION ..................................................................... 8 Are founders opening up to registering 30 Years of a Free Market Economy: What makes companies abroad? .................................................................... 16 successful Polish startups successful? ............................. 8 Expert commentary: Agnieszka Skala .......................... 17 5 years of Startup Poland – Foreign founders and their revenues ............................. 18 achievements unlocked ........................................................... 10 Startups come with age ..........................................................
    [Show full text]
  • <Details> 21.11.17
    powered by figo <details> 21.11.17 - 23.11.17 in Berlin </details> <code> PSD2 and…? </code> recap Summary • Bankathon #5 showed no signs of fatigue - support, participation and popularity are stronger as ever. • 84 developers, 20 teams, 19 sponsors, supporters as well as media partners and about 300 guests at the final pitches. Some more insights • 20 out of 83 developers had bank or traditional consulting background. • 14 existing FinTech companies and startups sent developers. • The diverse lineup is proof of Bankathon’s unique capability of bringing diverse players together on a neutral platform. Get an impression Interviews and final pitches on YouTube (made by special supporter Association of German Banks) • Playlist interviews • Playlist final pitches Pictures on Facebook • Monday • Tuesday • Wednesday figo blog posts • figo: recap blog post • figo: all other Bankathon #5 related blog posts Media coverage A selection of articles written about Bankathon #5 • Association of German Banks • CashLink • digitalscouting.de • FinLeap • IT Finanzmagazin • Netguru • Paymentandbanking Podcast • Paymentandbanking FinTech Podcast #129 with Bankathon’s winner Chatsurance Who is behind Bankathon Berlin? Host • Bankathon #5 was hosted by FinLeap in their headquarters „H:32“ in Berlin. • Formerly the building were headquarters of the Berliner Bank. Bankathon #5 being held here is - besides the diverse lineup - a great symbol for the connection between traditional banking and FinTech. • And the most important fact: no Wi-Fi issues! � Better together I Better together II Media partners API sponsors • The API sponsors provided their technology and support to the teams at Bankathon: ‣ FastBill ‣ figo ‣ Franke & Bornberg ‣ MAMBU ‣ verimi ‣ Visa • Although teams could use any API they wanted to, every single one of the 20 participating teams chose at least one sponsored API, many of them even combined several to create their idea.
    [Show full text]