Caterham, the specialist British sports car manufacturer, has launched a crowdsourcing initiative for the design of its next model, in association with PerformancePR, an automotive public relations company.  The project, named Splitwheel, which is described as “a revolutionary online project to design and build a new performance car based on the collective decision-making of its [...]

Business consultancy Gartner has issued a press release relating to a recent IT symposium which it hosted in Cannes, France. Gartner claims that “Financial Institutions Must Focus on IT Innovation or Hibernate to Weather the Economic Downturn.” The press release quotes Alistair Newton, research vice president at Gartner, who makes a number of recommendations aimed [...]

David Sifry, the founder and former CEO of Technorati, has announced a first public beta (test version) for a new personalized travel guide service called Offbeat Guides. Offbeat Guides create personalized, up-to-date travel guides that cover over 30,000 travel destinations, using a combination of search technology and curation by both amateur and professional travel experts.  [...]

Two design software companies this week had significant announcements. Delcam, based in the UK, will later this year launch a new version of its CopyCAD reverse engineering package. CopyCAD Pro will be the first product development system to offer “Tribrid Modelling”, by adding triangle modelling to the combination of surface and solid modelling that is [...]

An article in the website of the Toronto Star notes that a “futuristic fusion of fashion and technology is becoming more common as clothing designers are increasingly incorporating electronics into their garments.” It quotes Jane McCann, director of Smart Clothes and Wearable Technology at the University of Wales, who predicts that, in the next 10 [...]

In an article proposing how banks can retain customers in the current financial climate, one of the tactics that CRM Buyer website advises banks to offer mass customization: “Banks have a real opportunity to leverage data and technology and to personalize every customer’s experience. In contact centers, for example, new analytics-based technology can draw on [...]

ZD Net reports that Intel is joining with Asus to create WePC, which serves as a sales site for Asus but is also an effort to gain community input in the PC design process. Make Your Own Jeans, which provides made-to-measure denim fashions at affordable prices, has announced a new add-on service that allows clients [...]