
Content Created and Curated for Corporate Innovation Professionals
Imagine, you are on the train, and you see the person opposite you wearing the jacket you never knew you wanted. You turn to your phone to see if you can find it online, but what to type? How to describe this jacket? Blue, with white stripes? White...
Corporate innovation is an elusive yet imperative term that reverberates at the core of Fortune 1000 companies today. Take a look around. Samsung recently announced record-setting data transfer harnessing the power of AI and 5G to shape the future...
The future of retail is unfolding before our eyes. Nike recently introduced a subscription model for children’s tennis shoes. Alibaba’s Freshippo markets defined the potential of offline-to-online user experience while also dedicating over 40% of...
RocketSpace is an established ecosystem connector working together with corporations, startups, and investors to identify opportunities and foster innovation. As a consultant at RocketSpace, I work to identify pain areas and provide cross-industry,...
The world population is expected to increase to 9 billion by 2050, which means we need to increase global food production by 70% to prevent massive famine according to the United Nations’ Food and Agriculture Organization. Simultaneously, the...
Japan has a rapidly growing startup scene, driven by a collaboration of corporations and startups. Traditional Japanese corporations have been said to be slow-moving and risk-averse, though they are increasingly turning their attention and dollars...
With rising temperatures, a number of studies are urging mankind to lower global energy consumption. One of the top sectors producing pollution is construction. In the US, commercial and residential buildings generated 10% more emissions in 2018...
Technology is propelling us into the future of transportation — that means not only autonomous vehicles but new modes of flight as well. So far this year, investment in aerospace startups reached nearly $1billion. In July alone, a US radar company...
The revolution in robotics has had a seemingly mild-mannered leader pushing forward with new technology and revolutionary innovation. This leader has acted as the industry powerhouse over the last several decades powering the advancements we see...
Last year, the UK government wrote an article about the future of energy, where they stated “The energy system of the future won’t look like today. The scale of change over the next 10 to 20 years will be considerable, and, we don’t know exactly...
Innovation is not about avoiding being Blockbuster — it is about looking at where you have an unfair advantage and building a strategy around it. That is why the Chief Innovation Officer (CIO) is such an integral part of a company. A great CIO...
The world is on fire all around us, and the problems can seem too huge and insurmountable to be fixed. Thankfully, agricultural innovation has many keys to the solutions, and consumers are increasingly supporting these innovations with their...
San Francisco attracts people for many reasons: the Golden Gate Bridge, the Warriors, 49ers, or Giants, and, of course, technology. Tech continues to be the number one reason people flock to the Bay Area. The San Francisco and San Jose metropolitan...
It is now 8 years since Marc Andreessen penned his famous essay “Why Software is Eating the World” in The Wall Street Journal. Since this time, tech titans have continued to grow like weeds through their “blitzscaling” strategy and the...
Nowadays, companies last less than 20 years on the S&P 500, down from 60 years in the 1950s — a trend in large part caused by technological disruption. To put it bluntly, the corporate landscape can be summed up as ‘innovate or die.’ Have you taken...
One of the biggest challenges I hear from corporate innovators is getting internal buy-in from executive leadership for the projects they envision. This is, by far, the most mentioned barrier faced by innovation directors, managers, and analysts.
80% of executives think their current business models are at risk to be disrupted in the near future and 84% say their future success is extremely dependent on innovation. So, what are the five top innovation trends that will mark 2019, and where...
The transportation industry is taking it up a gear. The value chain is no longer delineated by traditional players and their skill sets —instead, a more holistic mobility ecosystem is developing. As part of this evolution, there are several players...
The RocketSpace team was in Austin attending South by Southwest (SXSW) where 85,000 attendees discussed disrupting their markets with implementation of the newest systems and technologies. The sad truth is that there is a 95% chance that each of...
Global health care spending is projected to reach $10.06 trillion by 2022. There are several factors that can explain the dramatic increase in spending such as growing and aging global population, rising life expectancy, and increasing incidents of...
The world is getting older — the percent of people worldwide aged 65 and over is expected to increase from 8.5% in 2016 to 17% in 2050. As the world continues to age, the health industry will become of the utmost importance. Investors have noticed...
One thing noticeable amongst corporate innovation leaders is that they are constantly reading and discussing new concepts, models, and ideas.
The devastating effects of climate change are undeniable. We’ve all witnessed heartbreaking viral news: a starving polar bear, whales washing up on shores with car parts in their stomachs, the deadliest wildfires in California history, and the ...
The global food market is blazing. Last year was a golden year for food tech startups. According to PitchBook, 2018 set a decade-high record for VC investment in the space with food startups such as unicorn DoorDash and Instacart valued at $4.4B.
Pursuing external innovation can be difficult within an organization, as many lack the team and tools to do so. Corporate Venture Capital can spur an organization’s growth by opening doors to new technologies while mitigating risk. Here, we share...
2018 was a bumper year for mobility technology and for transportation. We (finally) saw the integration of AI and Google Assistant within mass manufactured cars, augmented reality help motorcyclists with heads-up displays, as well as the...
Let's face it — planning and executing a successful corporate networking event, awards reception, or multi-day conference can be a massive headache. From finding a great corporate event space to coordinating with
Diversity and inclusion. These two words are amongst the most important topics in today’s culture. Simply look at the Google trend for the search term “diversity and inclusion” over the past 15 years worldwide. In fifteen years, it has grown from...
You may remember our blog post from a few months back where we identified the top firms driving innovation. We now want to go one step further and uncover the top strategies from each of these consultancies.
Are you planning a corporate event in London? The best corporate event planners are worth their pay in many ways — experienced corporate event planners are excellent at managing time, organising resources, communicating across teams, and planning a...
The exponential growth of new technology areas and the ambitious, progressive culture of startups is leading a larger proportion of the talent pool to flock away from...
Many CEOs are striving to create growth driven innovation fueled by engaged employees. In fact, a recent McKinsey study shows that 80% of CEOs think that their current business model is at risk. The research also shows that only 6% of executives are...
A corporate event is a great way to engage employees, clients, and other key business stakeholders. From lavish receptions and galas to away-days and networking events, a great corporate event requires
Hosting a corporate event can be pretty costly. There are a handful of things that you need to budget for including event space, catering, transportation, and more. At the end of the event, you're often left wondering if it was even worth the...
Planning a corporate event is an exciting but demanding task. It is a chance to highlight your business and achieve dramatic results. Whether a seminar, conference, retreat, or product launch, planning your own event can leave
The global unicorn club has been making waves across news channels for the past 10 years. Tech Titans like Uber, Airbnb, and Coinbase, valued at over $1 billion, are synonymous with disruption, and consequently, are crowd favorites when it comes to...
There are hundreds of corporate event venues to choose from in London. Finding a venue that aligns with your unique event goals and objectives is absolutely critical. Without a strategically aligned corporate event venue behind you, you'll have...
It is not new that big brands and gigantic food corporations are losing market share to startups and small food companies. With shifting customer preferences towards healthier products and new discoveries on the impact of food on human health, many...
There are hundreds of corporate event venues to choose from in London. Finding the right venue is paramount to the success of your next corporate gathering, board meeting, multi-day conference, away day, and more. Why?
In 2017, $782 billion was spent globally on R&D, an 11% increase from 2016, which was largely driven by Chinese efforts as well as by global conglomerates, such as Amazon. Yet, often enough, traditional internal R&D can focus on the development of...
Finding the right space for your corporate event absolutely matters. As an event organiser, your mission is to dazzle event attendees. As you know, selecting cramped and low-tech event space is a quick way to leave your guests feeling unimpressed.
The fact is — you can't host a successful corporate event without the support of an experienced event planner. An event planner is an indispensable asset before, during, and after your multi-day conference, holiday party, or networking event.
San Francisco and Tokyo – December 13, 2018 - Today, RocketSpace, a Silicon Valley-based external innovation consulting company, announced its partnership with The Dai-ichi Life Insurance Company, one of Japan’s largest life insurance providers....
Since plastics were first introduced, 8.3 billion metric tons of plastic has been produced. Due to their functional properties and low cost, the use of plastics as packaging feedstock was integrated into all global economies and its production ...
Hosting a successful corporate event in London requires the expertise of a skilled corporate event planner. Why? The most experienced event planners have excellent time management, resource allocation, and communication skills. Oftentimes, corporate...
Hosting a conference is no easy feat. There are a ton of preparations to make leading up to the event. From seating and food to speakers and exhibitors, event planners must
Most of us can imagine how traditional subtractive manufacturing works - it requires the cutting away of material from a solid block. Additive manufacturing, also called 3D printing, is an innovative way to produce parts. However, there is a new kid...
A successful corporate event consists of several combined elements including event venue, decor, entertainment, food, drink, and more. We know that big-budget corporate events around the world spare
The world's leading enterprise organizations frequently look to other businesses for inspiration. From product design and development to marketing and customer service, there are a thousand opportunities to learn from your
Vision is a dominant sense used to interpret the world. Computers now have the same capability. Computer vision enables a machine or computer to obtain data and information from images or multi-dimensional data sources to transform them into...
Are you hosting a launch party in London? There are hundreds of launch party venues to choose from and finding the best-of-best should be an absolute priority. Why? Your venue of choice has a massive impact on the
In a recent study published by Cvent Inc., an event technology supplier, 52 per cent of respondents said their event budgets have increased year over year, compared to 32 per cent reporting increases in the prior year. Additionally, some 21 per cent...
For any growth-oriented enterprise or business, accelerating entrepreneurship and innovation is a top priority. The savviest businesses will even build dedicated innovation teams or join a corporate innovation program to drive increased
Today, businesses are in a constant sprint to outpace one another. In recent years, we've seen greater technological innovation than ever before. These next-generation product or service innovations are specially designed to fulfill
San Francisco and Newport News, VA– November 13, 2018 - RocketSpace, a Silicon Valley-based external innovation consulting company, announced today that it is teaming up with Ferguson Enterprises, the largest U.S. distributor of plumbing supplies...
For many industry-leading enterprises, a partnership with a high-growth tech startup has helped to unlock valuable product development opportunities. With support from a value-driven and agile startup partner, corporates can effortlessly test and...
In an effort to outpace competitors, industry-leading businesses have invested heavily in innovation. An innovative corporate culture allows businesses to hurdle industry roadblocks with relative ease. Additionally, an innovative
The world's leading enterprises commit to ongoing corporate innovation. In today's increasingly competitive marketplace, businesses are looking for new ways to create better products, capture more prospects, maximize sales, and
If you haven't invested in a startup-corporate partnership for your business, you could be missing out on valuable growth opportunities. In fact, many of the world's leading corporate stakeholders continually lean on
The largest and most successful businesses are building programs to foster all-new innovations, build next-generation products and services, and outpace competitors. These established companies are struggling to keep
Have you ever wondered why Apple, Google, or Amazon excel in innovation? Innovation is thoroughly built into their DNA. This means they do not grow and then innovate. They grow because of continuous innovation- notice the distinction.
Your search for the best venue space in London is over. From large-scale conferences, corporate networking events, seminars, private meetings, and cocktail receptions, this leading corporate event venue is purpose-built to support a variety of event...
With so many event venues to choose from, it can be difficult to find a venue that accommodates your business's unique event goals and objectives. Finding the "right" corporate event venue for your conference, networking group, or board meeting...
There are so many ways your corporate event could crash and burn. There's a ton of preparation and planning involved. How many guests are you expecting? Do you have enough seating? Have you considered guests dietary restrictions and preferences? Is...
As the startup ecosystem continues to provide increasingly optimized solutions to market demands, corporations are seeking ways to incorporate this innovation into their own businesses to avoid...
London and San Francisco – October 9, 2018 - BP and RocketSpace, founders of the MobilityTech Innovation Collaborative, are shaping the future movement of people, goods, and servicesin collaboration with global mobility and smart transportation...
Everyday, regardless of what industry or vertical you work in, updates surrounding emerging technologies and corporate innovation break the news. Announcements are made regarding the newest programs, accelerators, innovation hubs,corporate-startup...
This week, ReGrained, a mission-driven ingredient platform and packaged goods innovator, announced that it closed out its $2.5 million Series Seed financing led by Griffith Foods, the privately held global product development company. The investment...
"We're at maybe 1% of what is possible. Despite the faster change, we're still moving slow relative to the opportunities we have.” — Larry Page
The largest companies by market cap have a common denominator — they’ve leveraged cutting edge technology to transform their businesses and industries from the inside out. In order to maintain a competitive edge, organizations must consider...
As industries consistently change with new technologies emerging, companies need to adapt to these changes in order to maintain success. Where can organizations turn when they want to know how to remain competitive in their respective industries,...
For corporations and startups alike, achieving success and growth depends on a support network and ecosystem in which to collaborate. In this article, we explore eight different innovation hubs and how they help support both new enterprises and...
The second cohort of RocketSpace’s Mobility TechPilot Program officially kicks off today in San Francisco, bringing together 10 innovative international startups with a value chain of leading global corporate collaborators.
Corporate innovation teams are notorious for being money sinks and run the risk of being financial drains to organizations. If you’ve ever been down the path of setting up a corporate innovation program from scratch, you’ll likely hear through the...
Does the following conversation resonate?
Corporate innovator: We should pursue idea “X” because there’s a viable market opportunity right now.
Manager: Yes that’s a great idea.
C-suite: Yes that’s a great idea.
Corporate innovator: Great, we’ll...
“Growth through disruption, not death by disruption,” said Lee Daley, one of RocketSpace’s key strategic advisors during the opening remarks at our first London Innovation Summit.
The two day event, taking place at the new RocketSpace tech campus in...
RocketSpace and Kaleido Logistics have selected the third cohort of startups for the Logistics Tech Accelerator. Last week, six startups joined RocketSpace, Kaleido, Fiege, Ingram Micro, and Lufthansa Cargo for the program’s kickoff in Vigo, Spain....
Corporate innovators within financial services companies experience some of the biggest compliance and legal hurdles than any other business sector. These challenges amplify when the bank has a presence in multiple countries.
The role of R&D and new...
It’s unreasonable to ask well-established enterprises to move at the same pace of startups. The two types of organization are inherently different—like apples and oranges, to use a-far-too-common (but very relevant) analogy.
As entrepreneurship...
Several publications, including TechCrunch and Mashable, picked their winners from a wide range of devices from different companies. If there was a common theme, it's that smarter devices offering data-driven personal services are headed our way in...
It shouldn't come as a surprise that overall funding for transportation-focused startups doubled in just one year—from $7 billion in 2014 to $14 billion in 2015—according to Volvo Group's venture capital arm.
Who's getting the money, and what's...
Intellectual property (IP) is the bedrock of every corporation. It serves as a foundation for an organization, setting a company's course and ensuring the long-term viability of profit margins. In fact, Harvard Business Review estimates that 80...
As executive teams pursue corporate innovation efforts, they often realize that it takes time before it fully materializes into new lines of business and other long-term wins.
By most accounts, financial technology (fintech) is a scorching-hot market. No one is more bullish on the sector than Goldman Sachs, which predicts that the slew of fintech companies offering online payments, crowdfunding, wealth management and...
In times of economic turbulence, companies often react by circling the wagons and becoming more conservative with how they invest and spend. While it's too soon to tell how the market will react in the long run to the global economic uncertainty...
Startup founders are some of the most unorthodox individuals you'll ever meet. They boldly venture into extreme uncertainty, relying on a hearty dose of self-confidence to go where most fear to tread. They thrive amidst constant turbulence. They...
At times, this year's Consumer Electronics Show (CES) looked more like the Detroit Auto Show than an annual consumer electronics outing in Las Vegas. Fiat Chrysler unveiled a prototype electric vehicle that looked more like it had been designed by a...
By definition, corporate innovation teams need to move faster than the organizations that support them.
Large, complex enterprises need a vehicle to keep up with the open market. That’s why companies, even ones with decade-plus-strong R&D...
Corporate innovation teams have many resources to get up to speed on all the latest in tech. Like startups, they’re subject to the same constantly shifting environment. One valuable tool is Kleiner Perkins venture partner and former Wall Street...
In Q1 2017, VC backed companies in the U.S. saw $13.9B in total financing across 1,104 deals, according to CB Insights. During this period, corporate innovation teams and venture capital arms represented 26% of this financing ecosystem.
The Internet of Things (IoT) has been called the next Industrial Revolution. In a recent report, BI Intelligence found that there will be 34 billion devices connected to the Internet by 2020, which represents an increase from 10 billion in 2015.
...
If you've ever worked with management consultants, you might have heard some version of the slow elevator story. Here's the gist: Tenants have been complaining about long waits for an old elevator in their building. They want a new elevator, maybe a...
In 2000, Blockbuster passed on the option to acquire Netflix for $50 million. Ten years later, Blockbuster filed for bankruptcy protection, and Netflix's market cap surpassed $35 billion. In 2001, Borders outsourced its online book-selling to...
While voice recognition may feel like a 1950's notion of how we'd interact with our kitchens in the year 2000, it is quickly emerging as a realistic vision of the future — a future that will be worth at least $3.6 billion dollars by 2020, according...
Healthcare and medtech research and development were once exclusively the preserve of big pharma and other large healthcare firms. The cost of developing and launching viable technology solutions and healthcare innovations was so high that startups...
The Internet of Things (IoT) industry is widely expected to become a multi-trillion dollar industry within the next decade, so it's no surprise that many of the world's top aspiring entrepreneurs are looking to make their mark in the world of IoT,...
The technological innovations featured at the Consumer Electronics Show (CES) reflect cutting-edge trends that are about to sweep the market. The 2017 show was the year of artificial intelligence (AI), forecasting massive changes that are occurring...
If you're looking think outside of the box, it helps to get a sense of what leaders in the field of corporate innovation are thinking. Of course, you could attend a conference with a long list of speakers, but an easier and cheaper method is to...
The financial crisis of 2007 chipped away at the trust that many people used to have in traditional providers of financial services. This loss of faith, combined with the new technologies and an influx of money into fintech startups, has led to the...
Major corporations don't need to be told to collaborate with startups and small firms to innovate – that message is being received loud and clear. But how they collaborate and what they learn from those collaborations can mean the difference between...
There's no doubt that e-commerce is on the rise as more and more consumers every year shop online and from their mobile phones. But before proclaiming in-store shopping to be a thing of the past, it's wise to consider how brick-and-mortar retail...
In 2017, the big theme among corporate innovation teams will be cautious optimism. While there is uncertainty about how the new geopolitical terrain will impact their business, corporates are still moving forward with innovation plans. They will...
Last year was a landmark year for cyber attacks, with security breaches, alleged hacks and cybercrime assaults hitting the headlines almost daily.
Innovation takes time. Thomas Edison built 1,000 prototypes and spent years tinkering before he landed on a version of the light bulb that would transform the world.
Silicon Valley. New York. Boston. Startups in these locales always claim the largest share of venture capital funds because of their proximity to the biggest and best-funded VC firms. Competition for deals is fierce, making it expensive to fish...
When thinking about the future of mobility, manufacturing isn't an industry that immediately jumps to mind for most people.
The proliferation of ad-blocking software is forcing advertisers to come up with new ways to snag clicks and views. Another pitfall to watch out for with online advertising: ad impressions that are actually registered by bots instead of humans....
Facial recognition was once nothing more than a sci-fi gimmick, but advances in artificial intelligence (AI) and machine learning have made the technology a top trend to watch this year, as RocketSpace reported in its 2017 Disruption Report.
The consumer trend in connected devices is all about connected cars, smart homes and cities — like fridges that order milk when it runs out and voice assistants that control home heating systems. But the Internet of Things (IoT) also has big things...
One of the few things that seems as rapid as the pace of innovation is the number of books coming each year to talk about it. It's a rare executive who has time to even check out the reviews of the hundreds of titles published each year, much less...
First came Bitcoin, the controversial cryptocurrency invented by an anonymous coder in 2008. In the time since, Bitcoin has both surged in waves of enthusiasm and fought buffets of scandal. But even as Bitcoin itself has been slow to gain the...
The e-commerce sector has seen unprecedented growth, but here's what may be a surprising figure: Americans still do over 90 percent of their shopping in physical stores. With this in mind, some of the top e-commerce companies, like Amazon and Warby...
The global bank Banco Bilbao Vizcaya Argentaria (BBVA) recent purchased Mexican online payments startup Openpay as part of what it calls a strategy "to accelerate transformation by growing its portfolio of digital businesses." Earlier in 2016, the...
“In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish," says Klaus Schwab, founder and executive chair of the World Economic Forum.
In other words, corporations aren't competing with each...
At this year's Consumer Electronics Show (CES) in Las Vegas, one thing was abundantly clear: Despite security concerns, the Internet of Things (IoT) is taking off. From large brands, such as Samsung and LG, to new players like French startup, Wair,...
With a new U.S. administration now in office and trade negotiations beginning for Brexit, 2017 is poised to be a year of extreme uncertainty. But despite the risks, corporate innovators are bound to forge on and discover new opportunities for R&D...
Let's cut to the chase: Intrapreneurs and entrepreneurs are very, very different.
An entrepreneur is someone who innovates by starting his or her own company (e.g., a startup), whereas an intrapreneur is an employee of a larger organization (e.g., a...
2016 was an eventful year, marked by unprecedented political polarization, hacked emails made public by WikiLeaks, Brexit, two huge Yahoo security breaches, and even exploding Galaxy Note 7 smartphones. But hidden among the uncertainty lies a year...
Corporations across the world are scrambling to figure out how to innovate and grow in an increasingly competitive business environment. Intrapreneurship, the concept of cultivating an entrepreneurial mindset and skill set from within an existing...
Just like great artists, great investors steal great ideas from those with demonstrated expertise. No corporate venture capitalist (CVC) has demonstrated as much expertise and excellence over the decades as Intel Capital. So when the firm unveils...
While e-commerce is booming, millions of dollars in venture capital is flowing to tech startups focused on physical stores or on the intersection of online and bricks-and-mortar retail.
In fact, companies aiming to help merchants harness the power...
Providence St. Joseph Health, one of the nation's largest nonprofit health systems, was an early adopter of mobile on-demand healthcare app Medicast, which launched about three and a half years ago, billing itself as the "first mobile-app-based...
Automation and mechanization is nothing new — it has been happening in factories since the Industrial Revolution, albeit slowly. But now emerging robotic technologies and the surge in Internet shopping are propelling a growing mechanization in the...
RocketSpace formally launched its first corporate accelerator program a little over a year ago. We aimed to create a new model that brings corporations and startups together to fuel industry-focused transformation while achieving real, measurable...
Disruption is commonly associated with startups. Corporations tend to lose the ability to take smart risks and move quickly once they reach a certain level of growth and success — but it doesn't have to be this way. Large companies can combat...
For some time now, we've known that the future of mobility is self-driving cars. From Google to Tesla, from startups to automakers, it's the technology that everyone is working on and the first iterations are already out there.
Until now, the market...
One of the biggest challenges that corporate innovation teams face is management. Think about it: you're asking your highest-achieving employees — people who have successfully avoided failure their entire working lives — to participate in...
Over the last few years, the corporate venture model has shifted away from internal R&D towards an open innovation model in which companies partner with entrepreneurs to create new products or services.
If it's done smartly, the partnership between...
For many corporates, a partnership with a startup can be a crucial strategic decision. For one, your company will reduce its time to market and can validate a product idea at a fraction of the speed of building an in-house solution. In addition,...
It's no secret that China is paving the path from emerging economy to a nation driven by technical innovation. Research from the McKinsey Global Institute (MGI) has concluded that to reach consensus growth forecasts—5.5 to 6.5 percent a year—during...
What exactly does it take for a startup/corporate partnership to be successful? In our recent blog series, Dating Advice for Startups and Corporates, RocketSpace's SVP and GM of Corporate Innovation Services Michele McConomy explains a four-step...
Is insurtech ready to disrupt the stodgy, $1 trillion insurance business in the same way fintech is upending financial services? According to CB Insights, insurtech startup funding reached $2.65 billion in 2015, more than triple the previous year as...
With high-quality support systems and thriving communities for entrepreneurs, the UK, and London in particular, has long been home to startups from all over the European Union. Even in light of rising uncertainties due the Brexit, the UK is likely...
One of the biggest challenges that corporate innovators face is getting comfortable with failure. Even the smartest innovation teams hit dead ends sometimes. Wrong turns are an essential part of the innovation process, but it's tough for teams to...
Washington will have plenty of company. A recent study from consulting group AT Kearney says the worldwide market for autonomous vehicles will grow to $560 billion in 20 years. Many of them will be electric. Ford, GM, Nissan, and Aston Martin, in...
The future of mobility looks bright, but it's not just technological challenges that have to be overcome before driverless cars, unmanned aerial vehicles (UAVs) and Hyperloop transport are common.
Each of these transport revolutions comes with its...
Large, geo-dispersed, enterprise organizations know how hard it can be to bring an innovation program to life. From research to implementation, there are many moving parts—in addition to establishing budgets, vetting the right strategic partners,...
At Rocketspace, we expect based on our research that there will be 1 billion drones in usage by 2030. We aren't the only one who see a huge market emerging — Goldman Sachs forecasts a $100 billion market opportunity emerging between now and 2020.
When Elon Musk first teased the concept of the Hyperloop on stage at the D11 conference in May 2013, he described it cryptically as a "cross between a Concorde and a railgun." Three-and-a-half years and lots of private development later, we now have...
One of the biggest roadblocks that corporate innovators face when they're looking to set up a partnership with a startup is resistance from management, which, by design, is set to protect the status quo. Their resistance is not unreasonable —...
Hundreds of startups rushing to automate the world's supply chains are drawing interest and, in many cases, big-ticket purchase prices from corporations aiming to capture their innovative technologies. So what's behind the supply chain M&A spree?...
Corporate collaboration with startups was once only for the brave few, but in no time at all, working with startups through mentoring, partnerships, investments or acquisitions has become mission-critical for large companies.
Every few weeks we hear about another decades-old corporation shelling out billions for startups that were barely a blip on radar screens a year or two earlier. Notably, Walmart recently paid $3.3 billion for Jet.com and Unilever snapped up Dollar...
Podcast listenership is on the rise in America, according to recent research by the Pew Research Center. Even though just 21 percent of people over 12 years old listen to podcosts, we like to imagine it's the busy, intellectually-curious...
Every innovative startup presents a potential opportunity for corporations interested in the business's unique offering. There's more than one way to capture the value of those upstarts, and corporate leaders must decide on the best approach — or...
There are immediate benefits that can come from working with startups for large corporations – an innovative new product, a market disruption or preventing a competitor from laying hands on the latest and greatest technologies.
But there are also...
It's easy to come to the conclusion that corporations need to work with startups. Access to cutting edge technology, avoiding disruption, and getting a leg up on the competition are just some of the benefits of startup collaboration that more and...
If you're looking for insight into the hows, whys, and whats of corporate venture capital investing, a good podcast, webinar, or video may provide helpful information and a dose of inspiration.
To get you started, here are excerpts and summaries...
RocketSpace has developed a four-step methodology for helping companies build more impactful relationships with startup partners: learn, discover, experiment, and partner. This "dating advice" series with Michele McConomy, senior vice president and...
RocketSpace has developed a 4-step methodology for helping companies build more impactful relationships with startup partners: learn, discover, experiment, and partner. This "dating advice" series with Michele McConomy, senior vice president and...
RocketSpace has developed a 4-step methodology for helping companies build more impactful relationships with startup partners: learn, discover, experiment, and partner. This "dating advice" series with Michele McConomy, senior vice president and...
Boston. Los Angeles. London. New York. San Francisco. Five cities well-known for catering to the elite of high finance are diversifying by embracing a different brand of finance: venture capital. In the process, they're giving life to vibrant...
The open marketplace will always innovate faster than any corporation. Maxwell Wessel, general manager of SAP.io, an innovation arm within SAP, outlined a few reasons why in an article for Harvard Business Review (HBR):
For corporate innovation teams in mobility, transportation, IoT (and more), drone tech is a major area of opportunity.
The FAA predicts that as early as 2017, 2.5 million drones will be used in the United States alone, and drone sales will exceed $5...
Of all the corporate venture capital outfits putting money into startups right now, none are as storied or provably successful as Intel Capital—yet neither of the men who started it were proven investors.
On a global scale, the world is experiencing uncertain times. For one, new global markets are emerging and technology is advancing. Global political climates are experiencing extreme change. New industries are introducing new technologies. And these...
Not every VC believes in corporate venture capital. Well-known detractor Fred Wilson, co-founder of Union Square Ventures, recently said that startups that take money from CVCs are "doing business with the devil" and that corporates that invest in...
When corporate innovation teams seek to launch internal accelerators, they often find it's challenging to replicate the culture of innovation that's found in entrepreneurial hubs like Silicon Valley. The limiting factor is rarely budget, as many...
Partnerships between corporates and startups are not new, but there has been in shift in what makes them successful in delivering a business impact. Partnerships today need to be fast and open to the rapidly changing landscape. The structure of the...
Facebook. Google. Netflix. They're some of the fastest-growing, most innovative companies in the world. They are the New Age Corporations. They came to disrupt, and disrupt they did — all in less than two decades each, these tech giants have grown...
It's well-documented that the lifespan of large corporations is getting increasingly shorter. In fact, the average tenure of an S&P 500 company has shrunk from 61 years in 1958 to 18 years. On the other hand, young tech companies like Uber, Airbnb,...
Earlier this year, RocketSpace announced a new Logistics Tech Accelerator program with Kaleido Logistics, Lufthansa Cargo, and Ingram Micro. The program is a first-of-its-kind opportunity for startups and corporates to come together and help one...
Ford's foray into ride-sharing via its purchase of the Chariot shuttle service in the beginning of September marks one of the latest moves of big automakers seeking innovation through partnerships with transportation startups.
Other major global...
Many well-meaning corporations desiring to partner with startups unintentionally drive startups away because their policies and practices run counter to the world of entrepreneurship. Here are three quick fixes to help ensure relationships are...
This past September, RocketSpace hosted its second quarterly membership summit, which brought together 75 corporate innovators from companies like PepsiCo, IBM, Jet Blue Ventures, Goodyear, KPMG, AT&T, Canon, and KALEIDO. With two days of workshops...
Choosing the best startup to collaborate with is about more than just checking out the market. A corporation needs to be innovation-ready, attuned to the needs of prospective partners and able to keep the relationship going.
See the three keys to...
It's a common misconception that outside of Silicon Valley and a few other places, there's not a lot of innovation going on in this country. The reality is that innovation has penetrated many corners of America. The same forces that are driving...
From in-house accelerators to open innovation models, every company has unique constraints when it comes to validating new ideas and exploring new product lines. Every business model, workforce, and future outlook is different.
These differences...
Having trouble convincing your management teams to support corporate innovation? If so, you're not alone. Corporate innovation is a delicate balancing act. You might not always know where you'll land with an experiment that you're running. Even...
A May 2016 survey of 170 large companies with revenues greater than $1 billion found that 82.4 percent have implemented lean startup methodologies to some extent. Another 9.4 percent of companies are exploring implementing programs.
The overwhelming...
Every business wants to be as nimble and innovative as startups, but ambition and execution can be two very different things. A Harvard Business Review survey of 3,500 corporate professionals in the U.S., Canada, the UK, Germany, and India earlier...
Every corporation knows that it should be investing in innovation and working with startups, but many have difficulty seeing just how and why startup collaboration works.
But for every business goal — opening up markets, driving product innovation,...
A significant majority of large companies now consider startup relationships to be important, according to the study The State of Startup/Corporate Collaboration 2016 from nonprofit Boston startup accelerator MassChallenge and software and advisory...
Innovative startups pose a constant threat to corporations. To integrate some of the dynamism and energy of fast-moving startups, many companies invest in internal R&D, consider mergers and acquisitions, or set up partnerships with new and nimble...
One of the biggest challenges that corporate innovation teams face is that results can take years to pay off. The road to success with long-term research and development has many unexpected twists and turns. Failure is a natural part of the journey....
While Lean Startup methodology is employed most often by high-growth startups, the iterative “build-measure-learn" process that makes it so popular among tech entrepreneurs also makes it a great framework for corporate innovation teams to test...
Two of the biggest challenges that corporate innovation teams face when they're exploring startup partnerships, scaling employee-led product experiments, or building accelerator programs, are legal and compliance. It's clear why: When companies...
In tech investing circles, unicorns—defined as a private company valued at $1 billion or more—are no longer a rare breed.
Private equity researcher CB Insights says there are 170 operating in markets around the globe. As a group, investors value...
JetBlue's venture investment in airport ground-transport booking firm Mozio in July is one in a recent series of high-profile deals that demonstrate the eagerness of big businesses to partner with tech startups that can provide expertise, new...
It's easy to see what makes Uber or Tesla disruptive businesses now, but sniffing out the early-stage ventures that will go on to reshape an industry can be far more difficult. Veteran VC Tim Draper, founder of Draper Fisher Jurvetson and Draper...
Entrepreneur and former intrapreneur Manuel Rosso has spent his career weaving in and out of corporate and startup environments. In 2009, he founded Food on the Table, which was acquired by Scripps Networks Interactive in 2013. He has also served as...