Five Industries Ripe for Innovation

The aerospace, pharmaceutical, food, higher education, and consulting industries are all ripe for innovation in 2015. The aerospace industry is complicated and difficult, making it an ideal breeding ground for innovation. The pharma industry has been turned upside down by a series of events, requiring companies to innovate across the entire value chain. Consumer trends and high FDA scrutiny make the food industry a perfect candidate for innovation. Higher education faces issues around relevance and is due for new educational models. Consulting firms must innovate new ways to deliver faster results and take more accountability for those results.