BOSTON--(BUSINESS WIRE)--Market Platform Dynamics, a global consultancy with expertise in the economics of platform-based ecosystems and PYMNTS.com, the premier source of news and commentary on innovation in payments, will release the results of the industry wide study ranking innovation for more than 100 payments companies on March 19, 2015. This report, Pii360 (pie 3-60) is the most comprehensive and exhaustive analysis of innovation ever conducted of any industry and the first one ever done for payments.
Pii360 will do for the payments industry what U.S. News and World Report’s rankings have done for Universities – produce a credible, much anticipated and quantitative ranking of payments industry innovation. It is intended to become a critical asset in helping companies think more strategically about innovation and the creative roadmaps being implemented by their organizations.
Developed by Market Platform Dynamics in collaboration with leading academic experts on innovation, survey methodology, economics, R&D and patent valuations, Pii360, is an analysis of what more than 100 companies across 10 segments have done to develop innovation and how experts in payments view the success of these companies in executing and engaging those innovations. Pii360 uses highly objective data-based methods to calibrate real and significant innovation across businesses, and segments, in payments. One of the biggest drivers of this insight is the most exhaustive and economically robust assessment of the value of patents ever done for payments.
“I have been in this space for a long time,” Karen Webster, PYMNTS President and Market Platform Dynamics CEO, says. “And I was surprised at how the list came together, especially by the revelation that the report shows that the future of the payments industry won’t necessarily be defined by current payment companies. Using highly objective data-based methods to calibrate real and significant innovation across the payments industry, Pii360 is a thorough evaluation of the established players in each of the segments we examined and will be an invaluable resource for any company looking to understand the sources of innovation across the industry and how they rank against their peers, and the industry overall.”
Pii360 provides a rigorous methodology for updating the innovation index every year, so that companies will be able to track how their performance is changing and also compare their evolution over time, relative to the competition.
The industry’s top 10 innovators will be revealed for the first time on March 19th, at The Innovation Project 2015, the foremost thought leadership event for the payments, commerce, and financial services industries. Professor Josh Lerner, Jacob H. Schiff Professor of Investment Banking and Unit Head, Entrepreneurial Management at Harvard Business School will lead an on-stage discussion with several of the companies who are profiled in the report.
The complete report will be made available exclusively to Innovation Project 2015 delegates at the conclusion of that session to those who purchase and reserve their copy in advance. The report will be available for purchase by the general public on March 23, 2015.
PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of payments and commerce and make news.
This powerful B2B platform is the #1 site for the payments and broader commerce ecosystem by traffic and the premier source of information about “what’s next” in payments. C-suite and VP level executives turn to it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. PYMNTS.com, where the best minds and best content meet on the web to learn “What’s Next” in Payments and Commerce.
About the Innovation Project
Over two content packed days this March 18 & 19, 2015, The Innovation Project 2015, powered by PYMNTS.com, will convene the most thoughtful minds from established players, emerging disruptors, and entrepreneurial visionaries in the world of payments and commerce. Innovation At The Intersections implies that innovation in payments and commence is at a crossroads, moving from one particular way of thinking and doing innovation to another. And, that is exactly how our agenda is organized. Leading and participating in these discussions will be the most innovative, thoughtful and dynamic players from their sectors.
*Please note that The Innovation Project™ and PYMNTS.com℠ are not affiliated with Harvard University, nor is the Innovation Project™ 2015 a Harvard University program or activity.