APAC Enterprises Embrace Open Innovation to Accelerate Business Outcomes

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  • Organizations need to continually innovate to keep pace with the changing business landscape, or risk falling behind.
  • Red Hat Open Innovation Labs help enterprises solve their business challenges using open source technologies.

More enterprises in Asia Pacific are embracing open innovation to accelerate business outcomes.

This trend is indicated by the number of enterprises in Australia, Hong Kong, India, Indonesia, Japan and Singapore participating in Red Hat Open Innovation Labs residency programmes in the region.

Launched in 2017 in APAC, Red Hat Open Innovation Labs is designed to provide a collaborative, residency-styled, immersive environment that promotes rapid innovation and development.

Today’s fast-moving business environment requires organizations to continually innovate to keep pace with the changing business landscape, or risk falling behind.

Red Hat says its Open Innovation Labs help enterprises achieve that by allowing them to work closely with the company experts to solve their business challenges using open source technologies.

Lasting between one to three months, the residency can be conducted at Red Hat’s physical labs or in a pop-up lab or at the customer’s location.

During the residency, customers gain first-hand experience on how to apply agile development methodologies and DevOps practices to solve legacy problems or address new challenges such as developing cloud-native applications.

Red Hat Open Innovation Labs residency programme

Some of the enterprises that are participating in this programme include:

  • Heritage Bank (Australia)
  • The University of Adelaide (Australia)
  • National Stock Exchange of India (NSE) (India)
  • Fukuoka Financial Group (Japan)
  • ST Engineering (Singapore)

The National Stock Exchange of India modernized its e-IPO application during its residency, and also adopted a DevOps strategy that helped it to bring new services to market faster.

Fukuoka Financial Group leveraged a Red Hat Innovation Labs engagement to sharpen its competitive edge by equipping its staff with the skills needed to bring development capabilities in-house and accelerate innovation.

In the case of the Heritage Bank, teams learned how to use open source principles to integrate cross-functional teams, technology and processes during its residency.

“Organizations in Asia Pacific recognize the need to embed innovation into their corporate DNA. By doing so, they will be able to boost growth and deal with upcoming unknown challenges more effectively,” said John Allessio, senior vice president and general manager of Global Services, Red Hat.

“We are pleased to help enterprises adopt Red Hat’s open approach to build high-performing, self-organizing teams which can help the business address changes in an agile manner and capture new opportunities,” he added.

 

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