Wazoku Blog

To power our world for today and tomorrow, it’s important to innovate the way we deal with energy. While global pressures and demand cause price rises for consumers and tough questions for operators, we’ve collated the latest from the experts on innovation in energy for 2023.

Healthcare is unrecognizable today compared to even 10 years ago. In order to keep up with the latest developments, trends, and patterns in the industry, we’ve detailed the top innovations and expert predictions for Health, Pharma, and Life Sciences in 2023.

The rise in innovation in finance, banking, and the rest of the sector shows that companies are recognizing the need to adapt and grow to forge their way through a downturn. McKinsey research shows that innovating throughout tough periods is necessary in order to accelerate growth in the 5 years after a recession.

In November 2020, Wazoku launched a series of Challenges with Habitat for Humanity, facilitated by SeaFreight Labs. In Kenya, Mexico, India, and the Philippines, the Wazoku Crowd provided solutions to overcome different humanitarian and housing problems. Read more about their success in our Habitat for Humanity report!

In this blog, we’ll cover three of the most critical trends that are driving advancements and future plans in the defense industry. Artificial Intelligence, Internet of Things, and the use of Big Data are key developments in sectors across the world. Leading thinkers in the public sector and defense space are convinced that these will have game-changing impacts in 2023.

One of the common misconceptions around innovation is that it involves asking your employees to simply “have better ideas.” The reality, however, is that good ideas stem from multiple factors and not from a top-down directive. There is no way to skip the hard work but equipping your people with the right tools and technology to cultivate winning ideas can accelerate the process of meaningful change.

In a November 6^th 2022 article, the European Business Review explained how open innovation and crowdsourcing can be seen as a cure-all until the ideas become too unfamiliar, a mindset that can see many innovations being dropped before their success. In this blog, we relate how Oguz A. Acar suggests breaking down the biases that promote this kind of thinking.

The teams at Front End of Innovation (FEI) and All Things Innovation (AI) conducted an in-depth survey to take the pulse of the innovation community, sponsored by EY and supported by MassChallenge. The report, available here, covered what businesses are experiencing and planning for their spends and trends, cultures, opportunities, and talent for 2022.

Banks and financial services institutions have always been at the cutting edge of innovation. Shifts from coinage to cash, cheque books to debit and credit, and a recent move toward contactless and internet banking have seen the industry continue to reinvent itself: all the while making things easier for customers and exploiting new opportunities for value.

In an October 14^th 2022 article, the FT outlined how some law firms are finding a balance between industry pressures and their innovation programs. In this blog, we highlight how using Wazoku’s secure and collaborative platform and services can help firms to lead the way in innovation, legal tech, and horizon scanning.

Recent Gartner Digital Markets research on Global Software Trends and Buyer Behavior Insights 2022 asked 2,500 business leaders in 25 countries about their purchasing plans and priorities. Key takeaways around growing software investment plans and motivations for the purchasing align with Wazoku’s value proposition.

The Center for the Transformation of Work (CTW) community calls bring open talent, freelancers, and organizations in these spheres together to change the world of work. In Thursday 15^th September’s call, Tim Sanders, VP of Client Strategy at Upwork shared highlights and findings from Upwork’s Future Workforce Report 2022: Leveraging Independent Talent as a Key Workforce Strategy.