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A growing number of organisations and projects are turning to open innovation challenges. They can generate fresh ideas and solutions from unexpected sources to open the way for sometimes truly transformational breakthroughs. And they can do it faster and at a lower cost than traditional R&D processes. However, the growing popularity of such challenges and … Read more

The existing big players in the financial services market are all transforming their legacy systems and services to the digital ‘always on’ new era. Digital natives who have grown up knowing only the online digital world since at least their early teens are able to start with a blank page and embrace – and even … Read more

Advertising is a business sector that has been significantly transformed by the internet and digital technology. Mass communication used to be controlled by gatekeeper media company owners, and it cost a lot of money to put messages in front of a lot of people. Now, with billions of people connected to each other through social … Read more

BOLD Awards is on a powerful mission to recognize top companies, projects and individuals that are are seen to be managing their crowd-related projects and initiatives in a way that really powers breakthroughs around the world. The BOLD Awards are already open for submissions in 12 categories of business until December 31. A public vote … Read more

Many well-known retail brands have shut down in the past few years. Many others are re-negotiating rent costs to buy time to find ways to cope with pressures of reduced customer footfall, sales figures and profits. This spreads retailers’ challenges to a wider community of corporate owners of retail space and their shareholders – which … Read more

We are well acquainted with the likes of Amazon, eBay, Rakuten and Alibaba – the giants of online retail. These were among the first wave of pioneer disruptors who used the internet to rock the retail boat and make it easy and reliable for us to purchase goods and items from home or the office. … Read more

Ukraine-based company which means that our parents and grandparents lived in the era of infamous Soviet collective farms, where tractors were considered to be an ultimate technology. For them, a smart farm will sound like a fairy tale.

Predictable areas where AI is going to make a swift difference to markets is anything that involves scrutiny of a mass of information

Artificial intelligence is fundamentally changing the way that the consumer and small business financial system works. In the last few years, large investment banks have hired artificial intelligence specialists from the world of academia and put them in charge of their AI divisions. Fintech start-ups have begun using machine-learning algorithms to model credit ratings and … Read more

There’s a new generation of BOLD entrepreneurs stepping forward. They see themselves as change-makers, activists building businesses to save the planet. Like Greta Thunberg, they recognise that time is running out. Annoyed by what they see as ‘corporate inertia’, they’re creating breakthrough ‘change-maker business’. These change-makers are part of the Sharing Economy, but not the … Read more

Projections show that feeding an estimated world population of 9.1 billion people in 2050 will require raising overall food production by some 70% from 2005/07 levels, reported the High Level Expert Forum – How to Feed the World in 2050.  This prompts an imminent need to maximize the food supply through both traditional field production … Read more

By Michael Houlihan and Bonnie Harvey, co-founders of Barefoot Wines and co-authors of the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. When humans listen to a story something amazing happens. Each individual in a crowd reaches into their own personal memories to create … Read more

Many global corporations use open innovation challenges keep in touch with bold innovation and breakthroughs, and to meet tomorrow’s top talent.

The 2020 BOLD Awards, created by Crowdsourcing Week, will build on 2019’s inaugural event to bring together the cream of the crowd economy sector to celebrate the achievements of some of its finest exponents and champions. About the event The black-tie Gala Dinner award ceremony represents the Oscars for industries such as the crowdsourcing, open … Read more

Tipalti’s automated payables process helps clients of all sizes increase profit by reducing payment errors and automating the process of large transactions.

crowd-engineering platform enabling corporations, SMEs, and start-ups to scale resources and tackle engineering and hardware challenges

Mathesia is a global crowdsourcing-based innovation platform based in Italy, that brings together a highly specialised crowd of around 3,000 vetted mathematicians and data scientists from around the world. Since it launched in 2014, Mathesia’s focus has been to help clients solve problems through generating prize challenges to tackle from a mathematical perspective. This doesn’t … Read more

We are now quite used to seeing the disruption that’s taking place in many marketplaces due to the combination of new technology and mass connectivity in the hands of visionary startups, unencumbered by the ‘rules’ of established business models. Though how about when a global corporation is bold enough to disrupt itself? This is what … Read more

Shining a spotlight on BOLD and breakthrough projects in crowdsourcing, open innovation and related-technology sectors, the winners in 12 categories plus three special awards were announced at the inaugural annual BOLD Awards held on Friday April 5th. The prestigious international BOLD Award scheme was created by Crowdsourcing Week, which provides insight, information and events for … Read more

Equity crowdfunding allows ordinary people who are not high net worth individuals to gain a stake in venture-capital-like investment opportunities

Primary industry is starting to sit up and take notice of the value delivered by crowdsourcing to validate concepts at low risk, solve complex challenges, find new innovative suppliers and automate work. Industrial leaders are emerging with sustainable new business models that include crowdsourcing and they are able to clearly demonstrate the value that it … Read more

The gala dinner ceremony to announce the 12 category winners of this year’s inaugural annual BOLD Awards will be held on the campus of H-FARM. It is an innovation platform which supports and accelerates the creation of new startup businesses, as well as the digital transformation of more established Italian companies and the education of … Read more

While some industries have already realized the potential of crowdsourcing, others have not yet been impacted. Kickstarter innovated the world of fundraising, allowing entrepreneurs to connect with capital from all around the world. Websites like Fiverr use crowdsourcing for design and marketing solutions. Wikipedia employed the power of the crowd to create a digital encyclopedia. … Read more

Over the past decade, the field of artificial intelligence (AI) has seen striking developments. There are now dozens of domains in which AI programs are performing at least as well as (if not better than) humans. Crowdsourcing on the other end has matured and reached a certain saturation; and while companies and organizations do see … Read more

Many successful businesses reach a stage where transformational expansion to take it to the next level, whether that might be developing the next version of a product or setting up a Sales and Marketing team, can’t be funded fast enough through sales income. Equity crowdfunding, through which backers invest in businesses for a share of the equity, has opened a door for a new generation of entrepreneurs.

It’s easy to forget that the Internet was once all open. Rather, the Internet has been in a continuous cycle of highly-structured portals and free-flowing information. The initial platforms, like BBS boards, gave way to walled gardens like America OnLine. AOL’s drop in popularity lead to an open field again, and the last decade brought … Read more

The pace of change, the disruption of business and social conventions enabled by new technology, has accelerated beyond the point where traditional educators can agree and implement relevant courses of study

Public online voting has now ended and we are delighted to share the names of the final nominees in each of the 12 categories of the first annual BOLD Awards. The online votes that were cast will count for 50% of the final decisions, and the introduction of our international panel of judges to the … Read more

Tech headlines today herald the potential impact of blockchain technology on industries such as crowdsourcing, transportation, and inter-company collaboration (supply chains). We’re inundated today with projects targeting these markets and many people think it’s quite likely these markets will be the first to see significant disruption. Or could blockchain’s most profound impact actually be elsewhere? … Read more

Open innovation is a term coined by Henry Chesbrough in his 2003 book, “Open Innovation: The new imperative for creating and profiting from technology”. Open Innovation assumes that valuable ideas can come from inside or out of the company and can go to the market from inside or outside the company as well. At the … Read more

We’re getting increasingly used to witnessing the commercial disruption taking place due to mass digital connectivity giving rise to new business models. In many instances it’s where existing players in a market place come under threat from newcomers who have torn up the old play book, and if the incumbents are unable to respond well … Read more

Maintaining the spirit of the wisdom and strength of a crowd, we are very grateful for the inputs from an extremely impressive collection of BOLD Award Advisors. We really appreciate the time they have been able to set aside in their schedules to help shape up the inaugural edition of our international annual awards for … Read more

The past decade has raised the bar in open innovation, particularly the last year. As celebrated at the Crowdsourcing Week 2018 global conference, we’ve recently maximized the power of the group and pushed scientific and technical ideas to their potential. Or have we? The first-annual BOLD Awards argue that we expect way more innovation in the … Read more

Managing change within an organization is never easy since a company is essentially formed by people, and people are not usually easy to change because of cultural factors (the culture of the country, the industry, the company itself, and so on). The ennomotive platform hosts open innovation challenges that are based around engineering projects. Despite … Read more

crowdsourcing is aiding advances in the robotics industry. This week alone we’ve seen stories concerning robots entering the healthcare industry, further advances in self-driving car technology, and even talking toilets.

No matter the scale of your business or the specific nature of your target audience, content marketing has a huge role to play in your overall advertising strategy. However, you may not have unlimited resources to allocate to content marketing, or maybe you may want to integrate your customers or employees into the content itself. … Read more

From unknown, to renowned, to unknown again, blockchain technology’s past year has been tumultuous. Optimism abounded at the beginning of 2018. A technological revolution was happening. However, the outcome of that revolution was much more sobering. Today, in the aftermath of a ravaged digital assets market, which is the most publicly recognized use of blockchain technology, … Read more

For centuries, science has been the pursuit of amateur, self-funded and self-motivated scientists: Sir Isaac Newton, Benjamin Franklin, Charles Darwin and Thomas Edison – to name just a few. However, in the first half of the 20th century, science became dominated by researchers employed by universities and government research laboratories. It isn’t surprising: the scientific revolutions of the … Read more

Cryptocurrencies are massively disrupting the financial sector. This time last year we witnessed something amazing for the first time in history: people became aware of cryptocurrencies at large and started actively buying them, resulting in massive price jumps in value of specific coins. Bitcoin was the leader of this movement, and it is still the … Read more