SME’s can join Early Bird Marketplace as consultants and become part of the Early Birds open innovation system. For those who are passionate in helping their customers with disruptive innovations, Early Birds will bring startup, scaleup and mature solutions including a framework to deliver their Explorer and Challenger © programs.
The real challenge is in identifying key pain points in a sector and coming up with innovative solutions that challenge or upend the status quo. The aim is to move fast and to have a product that fits the needs of the market as soon as possible. The early mover advantage has proven to be the kingmaker in many industries. Any delay in being the first out the door with a working solution can mean the difference between barely surviving and thriving. Being the first to market lets a company set an example for the quality of service. It becomes the barometer with which to judge all future entries in the space.
A lack of information can lead to a company unintentionally hiring unsavoury individuals and unqualified personnel, which in turn can lead to unforeseen (and unwanted) events. 60% of all cyber attacks are committed by insiders, and while a portion of these incidents are caused unintentionally, the majority of insider attacks are deemed to be intentional in nature. 25% of data breaches are not caused by accidental keyboard presses, bad links and poor training but by the intentional actions of malicious employees. Statistics also show that 81% of non-grocery retail shrinkage, 59% of department store shrinkage and 50% of supermarket shrinkage is due to theft by employees, often even trusted members of a company’s team.
The EarlyBirds Insight Report and webinar into Australia’s Hydrogen future is a timely reminder of the importance of bilateral and multilateral collaboration between Innovators, Early Adopters and Subject Matter Experts. The recent agreement announced by the Australian Government on the 19 November 2020 states “academia and industry experts will team up to advance the future development of a hydrogen supply chain between Australia and Germany”, highlights the importance of tapping into and using an open ecosystem of key players to solve significant business challenges in a timely manner.
“The release of EarlyBirds’ explorer subscription in AWS Marketplace will help customers preferring to procure quickly through AWS Marketplace to accelerate their innovation agenda promptly” said Kris Poria, Co-founder of EarlyBirds.
Through the Agreement both ThinkPlace and Early Birds will act as a service provider to each other and join forces to develop combined value propositions incorporating service design enabled by innovative technology.
The goal of the Agreement is for the parties to join forces, develop combined value propositions and, where needed, intellectual property, and promote those in the form of digital transformation offerings extended through the UAB to its members leveraging economy of scale and reusable assets to achieve further competitiveness.
Despite this urgent need for cybersecurity innovations for a business enterprise, most companies don’t have the resources, such as money, skills, and ability for investing in cybersecurity for an enterprise. Many companies would have to depend on the products and services of innovative companies that have established as their mission the development of cybersecurity innovations to counter the rising threat of cybercrime.
- In traditional risk management, the quantity of risk reporting may crowd out quality, denying executive decision makers actionable insights about what is happening in the business.
- Today, the dynamic and unpredictable nature of both internal and external business environments requires an ‘intelligence-led approach’ to risk management.
- An intelligence-led approach is less about the efficient operation of the risk management function and more about informing strategic conversations and executive decision making.
The current situation in Australia is truly heartbreaking,” observes Penrose. “These are easily the worst wildfires the world has seen in decades, and they have caused unbelievable amounts of destruction. 28 human lives have been lost and countless animals, too, have met their end in these fires. Our hope with the ‘Bushfire Proactive Detection, Control, Management’ challenge is to provide clever minds across the world a chance to literally save the world
The Early Birds Marketplace offers a way for business leaders to be smart in extending innovation strategies. They can team up with startups and scaleups in a cost effective way by using Early Birds Innovate with Startups™ program.
The latest trends and insights on Australia’s cyber security have been released!
The reports come at a crucial time with global spending on cyber security products and services expected to increase by 88 per cent over the next eight years, from around US$145 billion today to almost US$270 billion in 2026.