IBM’s $100 Million Brainstorm

November 17, 2006 by Rich | 0 Comments
In Ideas, Operations, Planning


the.next.net:

At IBM, brainstorming is now a company wide affair. Over the past few months, more than 150,000 employees, business partners, and clients have been coming up with new business ideas for IBM to pursue in a series of “Innovation Jams” and smaller face-to-face meetings. They’ve boiled the ocean down from 46,000 initial ideas and postings to ten.

IBM CEO Sam Palmisano is putting $100 million into the final ten ideas in the hopes that a few may turn into billion-dollar businesses:

  • Smart Healthcare Payment Systems
  • Simplified Business Engines
  • Real-time Translation Services
  • Intelligent Utility Networks
  • 3D Internet
  • “Digital Meâ€?
  • Branchless Banking for the Masses
  • Integrated Mass Transit Information System
  • Electronic Health Record System
  • “Big Greenâ€? Innovations

Many of these are not particularly new ideas, but they represent big opportunities nonetheless for Big Blue. And if they can make a billion-dollar business out of one or two of these ideas, so could one or two clever entrepreneurs.

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