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Crowdsourced Innovation: Three Things I Learned

IdeaScale

During my first two weeks as a Marketing Intern for IdeaScale, I learned about how the business world operates, particularly how an organization uses crowdsourced innovation with tools such as IdeaScale. Since then, that number has continuously fallen to a lifespan of 20 years in 1990 and is expected to fall to 14 years by 2026.

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Exploring the Global Smart Cities Market: Software Opportunities

Tullio Siragusa

Exploring the Global Smart Cities Market: Software Opportunities According to recent market research reports, the global smart cities market is expected to reach a size of over $2 trillion by 2026, growing at a compound annual growth rate (CAGR) of over 10%. The region is expected to see a CAGR of around 8% through 2026.

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On the Pressing Need to Implement Telehealth Solutions Into Your Patient-Care Model

Business and Tech

telehealth market has grown significantly — increasing by over $22 billion from 2019 through 2023 alone, according to a report by IBISWorld , a leading industry-research firm. Data from Insight Sourcing Group shows that revenues are in decline — and annual growth expectations are expected to diminish to less than 3% from 2023 through 2026.

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Selective universities won’t be disrupted

Christensen Institute

Never mind that the real demographic “cliff” with fewer 18-year-olds—particularly in the Northeast and Midwest—doesn’t begin until 2026. They don’t steal market share. Even when disruptors start to steal market share later, they serve people who are overserved by the existing offerings in a market.

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Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

The payments market contributes 20% to 25% of the global banking revenue. According to a study by BCG , the market is expected grow by 4% CAGR (approximately $0.9 trillion) by 2026. The payments market is made of five major chunks. Banks will have to participate or risk losing that market to others.

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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

We’re right at the beginning of an era of market disruption affecting sweeping, radical changes to personal and public transport, and the pressure on companies to innovate is coming from all directions. In H1 last year, EVs’ market share of new car sales stood at 11.3% , almost double that of the same period in 2021.

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IT Innovation: 9 Challenges that IT Departments can Overcome Through Innovation Management

Qmarkets

Given its importance to future success, global digital transformation spending is forecast to reach $3.4tn in 2026 with a five-year growth rate of 16.3% The global cloud computing market was worth $371bn in 2020, and is predicted to grow by 17.5%