How EarlyBirds can help in cross-industry collaboration for driving innovation

Highlights

• In the present state of the economy, cross-industry innovation has emerged as a strategic imperative for businesses.
• EarlyBirds is facilitating cross-industry collaboration by connecting businesses from diverse industries for partnerships.
• With businesses from various industries joining the EarlyBirds platform, there remains a high degree of newness of the disruptive technology or innovation.

In the present state of the economy, cross-industry innovation has emerged as a strategic imperative for businesses. This is because it renders multiple benefits, such as faster innovation, knowledge sharing, and access to diverse perspectives. To help organisations speed up their adoption of innovative technologies, EarlyBirds says that it can prove to be a one-stop solution.

Open innovation ecosystem EarlyBirds is an Australia-based business-to-business (B2B) platform that brings together early adopters, innovators, and subject matter experts to work together and step up adoption and advancement of technology. Additionally, EarlyBirds is facilitating cross-industry collaboration by connecting businesses from diverse industries for partnerships.

The company has been able to facilitate collaboration for it holds specialisation in finding synergies and spotting potential for collaboration. As per studies, the scale of knowledge of the creative team is a major determinant of cross-industry collaboration in innovation.

With businesses from various industries joining the EarlyBirds platform, there remains newness of the disruptive technology or innovation. Such collaborations between industries are like cross-pollination of views and sharing of useful practices which brings about disruptive ideas, shared resources, and new market opportunities.

Here’s an insight into one successful cross-industry innovation collabs facilitated by EarlyBirds!
The battery ecosystem challenge amid the growing demand for electric vehicles (EVs) has triggered a massive rise in the demand in high-capacity batteries. This boom in the demand for high-capacity batteries has posed a major hinderance for manufacturers.

Also, the mining and processing of rare earth minerals which are used in making batteries represent a challenge as nickel, graphite, lithium and cobalt are concentrated at varied locations worldwide. Moreover, legislations like the Inflation Reduction Act in the United States, have made modifications in supply chains necessary.

To make use of innovative solutions for the battery ecosystem challenge, EarlyBirds has integrated the Battery Domain Atlas and Domain Monitor into their platform to have an all-inclusive database of companies operates in the electronic vehicle and battery production space.

Thought leaders from different sectors can connect, discuss obstacles, and explore collaborative opportunities on the EarlyBirds platform. SMEs and thought leaders can also collaborate in the EarlyBirds open innovation ecosystem and provide curated matching and play an important role in the development of meaningful partnerships.

In a nutshell, EarlyBirds’ open-source innovation ecosystem enables innovators, early adopters, and SMEs to collaborate so as to achieve entrepreneurial success. It allows them to promote their innovative products or services on a larger scale by offering strategic guidance, access to resources, and huge industry networks.