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[vc_row][vc_column][vc_column_text] Hackathons Explained [/vc_column_text][vc_column_text] What is a Hackathon? [/vc_column_text][vc_empty_space height="10px"][qodef_blockquote text="A hackathon is an event, typically lasting a short period of time, where people come together to collaborate in order to quickly solve a problem or identify new opportunities." title_tag="h3"][vc_empty_space height="20px"][vc_column_text] The Origin of Hackathons: How Intensive Collaboration Became a Catalyst for Innovation [/vc_column_text][vc_empty_space height="5px"][vc_column_text]The concept of a "hackathon" was born in 1999, thanks to pioneering developers at OpenBSD and Sun Microsystems. OpenBSD, an organization dedicated to security-focused software, coined the term during a multi-day event where developers came together to "hack" on code, working intensively to improve and secure their software. Around the same time, Sun Microsystems introduced the term at the JavaOne conference, hosting a hackathon that invited developers to collaboratively build new applications in Java. The term itself combines "hack"—referring to creative coding or problem-solving—with "marathon," representing the event's prolonged, focused effort. This fusion perfectly captures the essence of hackathons: high-energy, collaborative sessions where...

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[vc_row][vc_column][vc_empty_space][vc_column_text] How Much Does “Maybe” Cost?  |  Leveraging Innovation Management for Risk Mitigation  [/vc_column_text][vc_empty_space height="42px"][vc_text_separator title="The Cost of “Maybe”" border_width="2"][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_single_image image="17384" img_size="" alignment="center" style="vc_box_outline_circle"][/vc_column][vc_column width="3/4"][vc_empty_space][vc_column_text]Imagine standing at the crossroads of innovation, armed with a bold idea. Your team is ready to take the leap, but the path ahead is unclear and unstructured. Will this great idea flourish or flounder in your current organization? Is there transparency across collaborative departments to move the idea through the pipeline efficiently? The answer lies in the delicate balance of risk and reward and a structured strategy to make that determination.   “Maybe” is the cost of uncertainty—the price paid for daring to disrupt the industry. But how do you manage this risk? [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#f2f2f2" border_style="solid" width="100%" thickness="2"][vc_empty_space][vc_column_text] Innovation Management to Navigate Risk  [/vc_column_text][vc_empty_space][vc_column_text]Use Innovation Management strategies against the paralysis of uncertainty. Here’s how it works:     Structured Exploration: Rather than jumping at every great idea, innovation management encourages a methodical approach. Define...

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intrapreneur ideation

[vc_row][vc_column][vc_column_text] Invest in Intrapreneurs – Innovation Management Supports Your Organization’s Greatest Change Makers [/vc_column_text][vc_empty_space height="10px"][vc_column_text]Intrapreneurs are those important team members with the optimism, intellect, initiative, and discipline to champion bright ideas and drive new project pipelines, establishing innovative change across the business. Does your organization nurture valuable intrapreneurship?  When internal team members are given the freedom to think like entrepreneurs, they become more motivated, creative, and engaged. They are not afraid to challenge the status quo and are driven to find innovative solutions to problems. By fostering intrapreneurship within your organization, you stimulate the development of disruptive ideas and invest in a collaborative work environment. The organization's collective intelligence is multiplied, leading to more innovative outcomes and solutions to your biggest challenges. How does a company encourage an intrapreneurial spirit in employees? By making their employees feel that their ideas are heard and transparent to others, fairly evaluated, and under consideration for future implementation. [/vc_column_text][vc_empty_space][vc_column_text] How...

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EV battery energy storage system

[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] It’s Electric! Innovative Energy Storage Systems for a Surging Market [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The power of open innovation and breakthrough R&D are transforming the electric vehicle and energy storage sectors and can be the keys to a global clean energy movement. National policy changes, consumer demand, and improved efficiency in batteries are all factors supporting this market growth and opportunity for commercialization. Empower Ezassi’s open innovation consulting and technology scouting services to inspire the new energy initiatives your organization requires.[/vc_column_text][vc_empty_space][/vc_column_inner][/vc_row_inner][vc_column_text] Electric Vehicle Supply & Equipment Technologies Require Innovative Ideas and Complex Collaborations Across Industries [/vc_column_text][vc_empty_space height="22px"][vc_column_text]As the world continues to move toward renewable sources of energy, vehicle manufacturers must also keep the pace with their technologies and corporate sustainability goals. The popularity of the electric car and the government incentives for transitioning from gas-powered vehicles are market trends that can’t be ignored in the energy sector. Pew Research cites “two-thirds of Americans support providing incentives to...

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smart grid

[vc_row][vc_column][vc_column_text] Innovative Solutions for Big Energy [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The electric grid needs modernizing to support our expanding e-economy and national security. Innovative solutions for the energy sector are increasingly powered by collaborations across researchers, government officials and companies looking to harness emerging renewable technologies, update control systems and computing, and find new materials and methods to design regional energyshed management systems for a modern, efficient and de-carbonized grid. Adjacent technologies impacting the energy industry can be harnessed by collaborative project teams of engineers and leading organizations who seek to modernize power systems and continue to utilize renewable resources. Let’s plug in to some current topics in this sector.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="5/6"][vc_empty_space][vc_column_text] Power Hungry Industries  [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The global economy will continue to demand more power and with that growth, greater energy security. Conventional power plants requiring energy sources from coal, natural gas, and nuclear should increasingly look to integrate renewable technologies like solar, wind, hydroelectric, geothermal, and biomass...

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[vc_row][vc_column][vc_empty_space height="22px"][vc_column_text]In the global race for innovation, industry leaders are speeding ahead in the engineering fields of satellites, rockets, robotics, drones, motorsports, and the future of mobility. It’s no longer enough to just keep the pace of your competitors. The objective is to outperform and outmaneuver, blazing the trail to new frontiers with faster, more cost-effective innovation solutions.  [/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_column_text] The Race to Space : Launch Collaboration  [/vc_column_text][vc_empty_space height="22px"][vc_column_text]There’s no bigger frontier for growth than space, and it takes an incredible team to assemble a successful mission. Rocket Lab, together with General Atomics, NOAA, and France’s National Center for Space Studies, completed an 8th launch in October 2022 to deliver a satellite to collect crucial global data from thousands of transmitters. The analysis of this physical and biological data will help scientists better understand the planet’s climate and biodiversity, as well as assist with maritime security, pollution tracking, and humanitarian assistance. You don’t have...

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ideation objectives

[vc_row][vc_column width="2/3"][vc_column_text] Top 5 Ideation Objectives for Innovation [Infographic] [/vc_column_text][vc_column_text]  Both a Nobel Prize winner in Chemistry and Nobel Peace Prize recipient, Linus Pauling believed, “The best way to get a good idea is to have a lot of ideas...

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innovation solutions

Innovation can also come in the form of new types of services that offer improvements on old ways of doing things, meet previously unidentified needs or fill gaps in the market. More often, innovation solutions use technology to support and dispatch new services...

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[vc_row][vc_column][vc_column_text]Technology and trends tend to move and change at alarming rates.  No industry is impervious to evolution. The only way to stay relevant is to make sure you are looking toward the future landscape and anticipating changes within your business before they happen. If you don't have a functioning crystal ball, research and analysis are the best way to predict the future.  A strong indicator of how technology and trends are changing in real-time is to pay attention to how you currently consume television and video content at home. Gone are the days of spending a Friday night at Blockbuster buying or renting physical copies of movies to bring home. It also seems the days of cable and satellite solutions are quickly on their way out. Streaming services are the future of in-home entertainment consumption, but that leaves broadcast TV searching for a new way to create revenue or else risk...

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