An Innovations group or network created across the bank can be a useful tool to generate new ideas. Here I recollect the quote of Jeffrey Immelt, CEO of General Electricon the subject of innovation and I quote: “The only source of profit, the only reason to invest in companies in the future is their ability to innovate and their ability to differentiate”.
Current and possible future trends in technology Before I move over to Part III of my speech, I would like to talk about the current trends in technologies. It is likely that cloud computing would still remain a medium-low priority.