A brief introduction of the Information Technology field through the world of Innovation.

1. Innovation in Information Technology
Marlaina M. Love
Senior, Management Information Systems
The University of Memphis
April 21, 2016

2. MIS Lightning Talks – March 26, 2015 2
What Is Innovation?
The process and outcome of creating something new, which is also of
value.

3. MIS Lightning Talks – March 26, 2015 3
Evolution of Innovation

4. 4
Evolution of Innovation

5. Drivers of Innovation

6. MIS Lightning Talks – March 26, 2015 6
Drivers for Innovation
Financial
Pressures
Increased
Competition
Demographic,
Social & Market
Changes
Customer
Expectations
Changing
Economy

7. Apple

8. What Happened to Blockbuster?
8

9. Why Is Innovation Important?

10. MIS Lightning Talks – March 26, 2015
Different Types of Innovation
Products Process Service
Business
Model
Value Market

11. MIS Lightning Talks – March 26, 2015 11
Company Stability
Innovation creates growth, increases productivity, and economic wealth

12. MIS Lightning Talks – March 26, 2015 12
Better for Less
Innovation provides better goods and services at a cheaper price

13. MIS Lightning Talks – March 26, 2015
More interesting work for employees

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Replication
Old strategies get replicated, and consequently, margins get squeezed

15. MIS Lightning Talks – March 26, 2015 15
Survival

16. What About IT?

18. Higher Education
18
Social Media
Digital
Badges
Google Glass
& Wearables
3D Printing
Digital
Coursewre
Virtual
Reality

19. MIS Lightning Talks – March 26, 2015
Healthcare
19
Wearable Technology 3D Printing Digestible Sensors Cloud Base - RMS

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Hospitality
• Self-Service
• Concierge Service

21. Thank You
www.lovemarlaina.com
love.marlaina@outlook.com
LinkedIn.com/in/marlainalove