Cloud Computing: Social innovation in action – Collaboration, shared value and a new business model
March 30, 2015
Grazed from ITProPortal. Author: Klaus Dieter Rennert.
A recent report from Chatham House, the international affairs think tank, noted the vital importance of cities to the global economy, calling them motors for growth. The report stated that cities produce innovation, and will increasingly do so with interconnected technologies coming to the fore.
However, they face enormous and increasingly common challenges – gridlock; insufficient housing; poor waste management; lack of clean water and safety. This chimed with new research we conducted with Frost & Sullivan on the topic of social innovation. In it, Frost & Sullivan defined social innovation as ‘the deployment of technology and new business models to bring positive change to the lives of individuals and societies.’…