Collaboration is the key to drive innovation

#Collaboration #RBI #Mastercard
Collaboration - key to innovation

Innovation is indispensable to success. It is the process of converting workable novel ideas into processes, products and systems of value to the organization. New communication and collaboration techniques have rapidly increased. Social networking, Web conferencing and instant messaging have rapidly grown to huge proportions, enabling widespread business collaboration. Expanded communications capabilities have costs in both time and money, but these factors only point to the need for more effective ways of collaborating. Open innovations deliver significant value to organisations through identification and exploitation of complementary capability.

Collaboration brings together colleagues with different views and life experiences, wherever they may be working, to spark new and creative ideas. Through effective knowledge sharing and communication, collaboration efforts can result in innovation at great speeds. In order to drive innovation, departments and project teams will need to collaborate effectively both internally and externally. Technology is continuing to lead the market, from social networking to feature phones, and we’re seeing operators move towards open platforms and operating models optimized for the real-time data surge. From financial services to healthcare to media content delivery, communications is integrally involved at the forefront of the latest innovations. A high proportion, probably the majority — of breakthrough advances being made today in these areas and more are made possible by those in the communications ecosystem.

Today's Headline in NewsHours
0:00 Intro
1:55 #RBI imposed restrictions on #Mastercard from onboarding any new cards in India
2:25 #Amazon acquires #Facebook ’s satellite internet group
3:05 #DheerajPandey Launches Startup #DevRev to bring developers closer to customers and revenue
3:48 #Lenovo leads globa

#APPLE#reservebankofindia#amazon#rbi#ICICIBank#Healthcare#CEO#leo#Mastercard#Financialservices#Collaboration#instantmessaging#Lenovo#SocialNetworking#dell#ACER#JioPaymentsBank#CTO#headlinesinvarindia#Chromebooks#keytoinnovation#Webconferencing#Openinnovations#restrictionsonMastercard#Facebookssatelliteinternetgroup#lowEarthorbitsatellites#DheerajPandey#StartupDevRev#Nutanixcofounder#desktoptowers#FullertonIndia#RahulBhardwaj

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