Innovation & new technologies are more important today than ever before in order to solve the great challenges faced today.
Over 50,000 FinTech, InsurTech and PropTech have appeared to accelerate innovation in financial, insurance and real estate sector. 70% are B2B or B2B2C businesses focused on collaboration & co-creation.
The concept “Open Innovation” was born focused on launching projects with startups in collaboration with enterprises, as these projects can be up to 10 times cheaper & infinitely faster than evolutive innovation of the corporates. However, there are many barriers that withhold this collaboration from succeeding. The industry is now facing following challenges.