Industrial Iot Spotlight

*This episode of the IIoT Spotlight Podcast is sponsored by PTC. In this episode of the IIoT Spotlight Podcast, we discuss the leading digital technologies in healthcare and medical devices in China, and why open innovation makes sense for innovation in traditional and deep-science industries.   Key takeaways: Open innovation collaboration allows 3 parties to leverage each other’s strengths: Start ups strong in technology can leverage the domain knowledge of industry leaders to build out practical use cases and solutions Industry leaders can access the technological expertise of the startups The academia and government to gain practical information from private sector to guide policy and programs   Domains deeply B2B and scientifically dependent are primed for open innovation as the technology development cycle is long and expensive, so it is ideal to partner with actors who have technical or industry expertise, as it is highly expensive for any individual actor to do it on their own. Merck’s Accelerator