BMW // Startup Garage

BMW // Startup Garage

BMW Ventures is not your average corporate venture capital team. Instead of just investing, BMW ventures serves as a customer to their startups and provides them with access to suppliers, advisers and team members in the automotive industry. However collaboration with startups is not restricted to companies in the automotive sector. It extends to any technologies that can applied to automotive. 

Leaders: Matthias Meyer (Founder and Head of BMW startup garage)

Learn More: Startup Garage homepage | Startup Garage allows considerable potential of young tech companies to be increasingly harnessed

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Capital One // Labs

Capital One // Labs

The financial services industry has shown two indications of the possibility for disruption: unsatisfied customers and extreme profitability. Fortunately for Capital One they’ve made innovation a major priority. Capital One Labs is venturing to build the next generation of financial products by partnering with Capital One business teams to tackle their biggest challenges. Capital one also invests in startups via its Growth Ventures teams.

Leaders: James Patterson (Head of Capital One Labs), Robert Alexander (CIO), Skip Potter (VP of Engineering)

Learn More: Labs homepage | Why Capital One Labs Is Banking On Experimentation | Digital Leadership Interview with James Patterson | Growth Ventures homepage

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Ford // Research and Innovation Center

 Ford // Research and Innovation Center

From Henry Ford’s famous quote about building a faster horse to the assembly line, Ford has been at the peak of innovation since it’s inception. And the innovation continues with their investments in digital technologies. Ford is now sourcing and developing technologies to bring their automobiles into the 21st century. Specific areas of focus include in the areas of autonomous driving, car connectivity, human-machine interface, smart mobility and big data.  

Leaders: Ken Washington (VP Research and Advanced Engineering), Venkatesh Prasad (Senior Technical Leader, Open Innovation)

Learn More: Innovation Center homepage | About the Center | Ford thriving amid techie neighbors in Silicon Valley | Ford Goes Open Source to Speed App Development | Ford accelerates tech efforts with new Silicon Valley lab | The OpenXC Platform

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Pearson // Pearson Catalyst / Future Technologies / Product Lifecycle

 Pearson // Pearson Catalyst / Future Technologies / Product Lifecycle

Pearson’s Future Technologies team works on identifying technologies and building prototypes that may have the potential to reshape the future of education. In addition to the research the development of new technologies, the group helps teams across Pearson find innovative solutions to challenges in their line of business and builds partnerships with promising startups in the edTech community to introduce them to groups within Pearson.The company also has implementation coaches that help product teams create and run experiments across all stages of the product lifecycle.

Leaders: Diana Stepner (VP of innovation partnerships), Sonja Kresojevic (SVP global product lifecycle), Adam Berk (Lean Startup Expert), Dennis Hurley (Director of Future Technologies)

Learn More: Catalyst homepage | Startups in 2014 Catalyst Program | edTech Incubator Hopes will Give it More Mojo | Pearson's Future Technologies Team

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Lowe’s // Innovation Labs

 Lowe’s // Innovation Labs

Retail giant, Lowes’s, started it’s innovation lab to provide more technology driven solutions to their customers their beyond the physical products they sell in stores. Projects include augmented reality to allow customers to “walk” through a floor plan of their dream home and robots that help shoppers navigate the store quickly and easily. CMO Tom Lamb describes their approach: “The strategy that we’re pursuing is creating a deep connection with our customers through meaningful messaging.”

Leaders: Kyle Nel (Executive Director of Labs), Tom Lamb (CMO)

Learn More: Innovation Labs homepage | Lowe's Pushes Innovations to a New High | Lowe's Uses Science Fiction to Innovate | How Science Fiction is Shaping the Future of Retailing

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Hearst Health // Hearst Innovation Lab

Hearst Health // Hearst Innovation Lab

Hearst is one of the nation’s largest diversified media, information and services companies with more than 360 businesses. One might think 360 is enough, but to innovators at the company, it’s not. In addition to venture capital investments and M&A, Hearst includes the Hearst Health Innovation Lab, which is a part of Hearst Health, and aims to improve patient experiences by utilizing product concept prototyping and market evaluation internally as well as with external companies, entrepreneurs and inventors. Each year in the U.S., care guidance from the Hearst Health network reaches 84 percent of discharged patients, 177 million insured individuals, 44 million home health visits, and 4 billion prescriptions.

Leaders: Justin Graham (Chief Innovation Officer)

Learn More: Hearst Corporation Announces Formation of Hearst Health | Hearst Health homepage | Get to Know Hearst Health and Its Innovation Lab

 

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General Motors // Maven

 General Motors // Maven

After acquiring self-driving car startup, Cruise Automation, for over $1 billion, and investing $500 million in ride sharing startup, Lyft, General Motors made an even bolder move by establishing a new business division called Maven. Maven is an engineering team dedicated autonomous driving as it pushes to build self-driving cars and other connected car technology. Thinking about the future of transportation, GM is clearly staying ahead of the curve.

Leaders: Gregg Hansen (CIO), Doug Parks (VP of Autonomous Technology), Sheri Hickok (Executive Chief Engineer Autonomous Fleets)

Learn More: GM Launches Personal Mobility Brand: Maven | GM Puts Self-Driving Car Push Into a Higher Gear | GM Buying Self-Driving Tech Startup for More Than $1 Billion

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GameStop // GameStop Technology Institute (GTI)

GameStop // GameStop Technology Institute (GTI)

Gamespot Technology Institute (GTI) is an innovation lab whose main focus is collaborating with leading technologists and academic institutions. One result, PowerUp, enables GameStop store shoppers to aim their phones at beacons by Microsoft to obtain product information, game overviews, and video game trailers. Every customer with the GameStop app who is also a PowerUp user is greeted with a customized message containing discount info, as well as promotions related to their personal interests or items on their wish list. These are just a few of results of the collaboration GTI has enabled.  

Leaders: Jeff Donaldson (SVP)

Learn More: GameStop Launches the GTI | Location Spurs Innovation At GameStop | GameStop Is Taking Retail Innovation To The Next Level | GameStop In Partnership With Researchers And IBM To Improve Customer Services

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Express Scripts // Technology and Innovation Center, Research and New Solutions Lab

 Express Scripts // Technology and Innovation Center, Research and New Solutions Lab

This $94 billion pharmacy benefit management company is, in the words of CIO Gary Wimberly, “a technology company that happens to focus on the PBM [pharmacy benefit management] space”. This healthcare behemoth leads through a scientific, test and learn approach. Recently Express Scripts effectively addressed the $8 billion in annual pharmaceutical waste by developing Express Path, a new tool enabling physicians to manage 100% of prescription spend, rather than rely in part on the medical space.

Leaders: Gary Wimberly (CIO)

Learn More: About the Lab | How Express Scripts Uses Analytics To Improve Patient Outcomes

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EMC // Innovation Network

EMC // Innovation Network

EMC’s Innovation Network, led by the Office of the CTO, seeks to solve the company’s most pressing business problems. Their Innovation Roadmap outlines the process. The roadmap begins with executives posting challenges. Then, in a competition- like manner, employees then submit their solutions and winners are chosen. Those winners present at an Innovation conference whose participants are partners, customers, and other external stakeholders in addition to EMC employees. Those solutions then enter the incubation period where the idea is prototyped and tested before implementation. 

Leaders: Steve Todd (VP of Strategy and Innovation), Burt Kaliski Jr. (Senior Director of Innovation Network)

Learn More: Culture of Innovation at EMC | EMC's Innovation Network Keeps Getting Smarter

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Ebay // New Ventures

Ebay // New Ventures

eBay CEO John Donahoe has kept eBay ahead by bringing in new entrepreneurial talent from over 20 acquisitions in just three years. This fresh creativity has lead the Innovation and New Ventures Group to introduce exciting new technologies such as Connected Glass, a digital storefront that window shoppers can browse and buy off even when the store is closed. Many of these technologies stem from eBay’s secret innovation lab, aka the “bat cave” nestled inconspicuously between the Campbell public library and historical museum.

Leaders: Guy Schory (Strategic Initiatives), Healey Cypher (Head of Retail Innovation), Steve Yankovich (VP Innovation) 

Learn More: An Inside Look at eBay's Global Innovation Strategy | Inside the Secret eBay Lab Changing Shopping | Innovation Through Acquisition: How eBay Stays Big, But Also Nimble

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Delphi Group // Delphi Labs @ Silicon Valley

Delphi Group // Delphi Labs @ Silicon Valley

In 2013, Delphi Automotive, a $20 billion vehicle components manufacturer opened Delphi Labs @ Silicon Valley to strengthen partnerships and invest in startups. The lab hosts 10 employees - mostly engineers working on in-car entertainment and information systems. By branching out from it’s Gillingham, UK headquarters, the company is closer to it’s customers as well as new technologies that have the power to re-shape the industry.

Leaders: John Absmeier (Director of Delphi Labs), Serge Lambermont (Technical Director)

Learn More: Delphi Demoes Autonomous Car Technologies at New Lab | Delphi Auto Debuts New Lab

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Daimler Trucks (Mercedes) // Daimler Business Innovation Lab

 Daimler Trucks (Mercedes) // Daimler Business Innovation Lab

Daimler Business Innovation is a lab dedicated to the development of new business models in the automotive industry. The team in the lab aim to recognize trends early in order to create new products and businesses. There is also a platform which enables any Daimler employee to submit ideas. One of the success stories of the lab is Car2go, the largest car sharing company in the world as of 2015.

Leaders: Dieter Haban (CIO), Lori Heino-Royer (Director of Business Innovation) 

Learn More: Daimler Business Innovation- Behind the Scenes part 1 | Daimler Business Innovation- Behind the Scenes part 2 | Car-sharing Service car2go Goes Luxe with Mercedes

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BNP Paribas // Cardif Innovation Lab, L’Atelier Lab

 BNP Paribas // Cardif Innovation Lab, L’Atelier Lab

With “the bank for a changing world” as its slogan, BNP Paribas truly lives up to its reputation for innovation. In 2014  “The Hall of Next” showcased an impressive array of internal innovation projects for increasing productivity and customer offerings. Key to this innovation is l’atelier lab that connects startups and major companies for the co-production of digital products and services through coaching, mentoring and up to 100k€ funding. Additionally, the Cardif lab does research, co-creation workshops and innovation conferences.

Leaders: Héloïse Lauret (Head of Innovation)

Learn More: Innovation at BNP Paribas: A Collaborative Work | L'Atelier Lab homepage | Disseminating Innovation

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BBVA // Digital Ventures

BBVA // Digital Ventures

Amid significant innovation in the financial services industry, BBVA has named digital banking head Carlos Torres Vila as president & COO and charged him with responsibility for leading a fresh management team for which technology transformation is identified as the bank's "main strategic priority". The group is working on incubating new digital products and businesses. In addition, BBVA has acquired banking startup, Simple, hosts startup competitions to expand their reach, and invests in startups via their Venture Capital arm. 

Leaders: Scarlett Seiber (SVP of Global Business Development), Gustavo Vinacua (Innovation Center Director), Jose Olalla Hevia (Head of Business Development and Digital Transformation USA), Carlos Torres Vila (CEO)

Learn More: BBVA Innovation Centers homepage | Creating the Banks of the Future | Innovation Lessons From BBVA

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Athenahealth // More Disruption Please

Athenahealth // More Disruption Please

More Disruption Please (MDP) is an initiative by Athenahealth to connect like entrepreneurs, companies and investors bent on reinventing the healthcare industry. The program is comprised of three pillars. MDP Accelerator gives startups a headstart with exclusive access to a wealth of resources, clients and over 64,000 providers; athenamarketplace delivers innovative third party apps and solutions; and MDP Network fosters collaboration and sharing of ideas by means of community events.

Leaders: Mandira Singh (Director of More Disruption Please)

Learn More: MDP homepage

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CVS Health // CVS Health Lab

CVS Health // CVS Health Lab

CVS launched it’s Digital Innovation Lab in Boston to develop cutting-edge digital products to improve it’s customers shopping and health experience. The primary focuses of the Lab include mobile, personalization, multi-channel e-commerce, connected health and digital therapeutics. CVS Health furthers its innovation efforts through partnerships with promising startups and mature companies alike in the digital and health care space.

Leaders: Brian Tilzer (Chief Digital Officer)

Learn More: CVS Health Opens Digital Innovation Lab in Boston | Not Just A Pharmacy: CVS Unveils Its Digital Innovation Lab

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Disney // Disney Accelerator

Disney // Disney Accelerator

Since 1923, Disney has been at the forefront of entertainment technology innovation. The company continues to push through technological limits, bringing creativity to life in ways never seen before. Disney Accelerator provides exclusively chosen companies a range of resources and creative expertise to fast track their own innovative new entertainment experiences and products. Disney has also established Disney Research Labs and ID8 Labs to further fuel its adoption of technology.

Leaders: Michael Abrams (SVP innovation), Christopher Chapman (Global Creativity & Innovation Director)

Learn More: Disney Research Labs homepage | Disney Accelerator homepage | How Disney Creates Online and Offline Innovation Spaces

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7- Eleven // 7-Ventures

7- Eleven // 7-Ventures

7-Ventures is 7-Eleven’s venture capital arm, focused on investing in consumer-facing technologies that compliment 7-Eleven’s core business by improving the experience of shopping at their stores. They have partnerships with such e-commerce players as Amazon and Walmart. With Amazon, they're bringing the popular Locker program into 7-eleven stores. They've also invested in startups like Belly (a loyalty card firm) and KeyMe (a digital locksmith). 

Leaders: Rob Chumley (SVP Innovation), Mike Debnar (VP of 7-Ventures)

Learn More: 7-Ventures homepage | Getting In On the E-commerce Wave | 7-Eleven Has a Venture Capital Arm

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Fidelity Investments // Fidelity Labs

Fidelity Investments // Fidelity Labs

Fidelity is one of the world's largest providers of financial services, with assets under administration of $4.7 trillion. And for financial services companies, the need to look outside the office for emerging technologies is becoming clear. That’s where Fidelity Labs comes in. The lab aims to identify new technologies and incubate solutions that can help the firm stay ahead of the curve. Some of the technologies on their radar include wearables, robotics, artificial intelligence, and crypto currencies. Fidelity Labs applies Lean and Design thinking to build products that meet their customers’ needs. 

Leaders: Rick Smyers (VP), Sean Belka (SVP and Head of FCAT), Hadley Stern (SVP of Fidelity Labs)

Learn More: Fidelity Labs homepage | Q&A with Sean Belka | Fidelity Labs Takes Innovation to the Next Level

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