Inno360 changes the paradigm from innovation focus and resources being spend in the Lab, and makes the worlds innovators available for companies to leverage as a part of their own capability.Changing the fundamental focus from “My WORLD is the LAB” to “ My LAB is the WORLD”.
Larry Huston* Board Member* Former VP of Innovation at Proctor & Gamble and leader of CONNECT and DEVELOPDon TapscottVisionary AuthorWikinomics: How Mass Collaboration Changes Everything was the best selling management book in the US during 2007.Irving Wladawsky-Berger* Professor of Engineering Systems ,MIT* Chairman Emeritus of the IBM Academy of Technology. Led IBM’s Initiatives in:- Internet - Grid Computing - Linux
inno360, as the first mover in this transition in Open Innovation, offers its investors several viable opportunities to benefit and realize value from their association and investment in inno360:We are operating and have generated revenue, we are slightly cash flow negative and with investment, we will have the opportunity to accelerate our current revenue run rate more than tenfold in the next three years.Wesee a very large untapped market for products and services required to implement open innovation, cost effectively.
inno360 redefines how innovation is done, uniquely enabling companies to efficiently build and maintain their own global ecosystems in real time. This change fundamentally shifts the curve of innovation capability in companies, generating a continuous flow of innovation for sustained organic growth.
inno360 is at the forefront of a disruptive trend in the business world which is redefining how companies research, develop, and source new products, globally – Infinite Innovation. inno360 compliments the existing open innovation services industry by providing companies with an innovation engine which empowers them to stimulate organic growth through virtually infinite innovation capability
The closest analog in describing the Company is “inno360 is like the Google for Innovation”. Our platform utilizes state-of-the-art semantic search technologies creating its own “innoSearch” implementation directed specifically at the discovery of relevant content and innovators in the innovation space from the “deep web”.
Semantic Analysis – The MeaningProximal Search – Relevance
Inno360 enables firms to move from an old school approach of trying to do everything internally to an approach to one whereby the firm develops a clear understanding about the problem that it needs to solve, translates that, and then finds both the knowledge and the talent in the world that has already solved this type of innovation challenge
COLLABORATIVE INNOVATION FOR PEOPLE & PROJECT PRODUCTIVITY<br />Used with permission<br />
New Era of Innovation<br />NASA = Innovation Leadership<br />“innovation may refer to incremental, emergent, or radical and revolutionary changes in thinking, products, processes, or organizations..”<br />Opportunity: Restore American Supremacy<br />Enablement: Innovation<br />MajorDriver of Wealth, Economic Progress and Jobs………….Recovery<br />Adding Value in a New Economic Era…Develop New Businesses<br />Today’s Enablement Requires A Shift by People, Projects & Organizations …on How Innovation is Done<br />
Reinvention Is Underway<br />Adapting to the Challenge<br />Innovation needs grown too complex<br />No one can do it all<br />Globalization<br />The Economy<br />We must “Change or Die”<br />Edison’s Innovation Model is Still Used Today<br />Industrial Innovation<br />Open Innovation<br />“The LAB is my World”<br /><ul><li>Large Expense
Repeated Successes</li></ul>Collaborative Success<br />85% of New Products Fail<br />4<br />
P&G: Connect & DevelopExtending Open Innovation<br />Connect + Develop<br />Innovation “… must be the central driving force for any business…”<br />
Cisco: Continuously Transform InnovationAugmenting the Crowd<br />6<br />2008<br />2006<br />Relational = More Collaborative<br />2010<br />inno360 Proprietary <br />
New Era Defined<br />Globalization of innovation: need for a global knowledge & best talent presence<br />Structurally low cost & specialization driving more outsourced R&D<br />Users increasingly integrated into innovation process – toolkits & knowledge access<br />Early integration of suppliers can increase innovation performance<br />Leverage new market capabilities – support for adjacencies?<br />Requires more processes from outside-in to inside-out and coupled<br />Tools kits to enable companies to integrate external problem solvers<br />Support for “private-investment innovation model” – IP discovery/licensing (Ocean Tomo)<br />Cultural – communication – information systems – incentives…….<br />
Meeting the Innovation Challenge<br />Opportunity<br />Access a MajorDriver of Wealth, Economic Progress and Jobs<br />Add Value in a New Economic Era<br />Grow Top Line Revenue & Results at Lower Cost<br />Requirement<br />Higher Percent of Ideas Must Realized to Create Positive Outcome<br />Integrate Management Process, Tools, Rules and Discipline to Accelerate<br />Access to “Experts”, Globally To Address Any Challenge, Faster<br />8<br />Challenge<br />Innovation needs have grown too complex<br />No one has the resources and skill to do it all<br />“New Economy” has dictate new cost constraints<br />“Globalization” must include talent/expert access<br />We must “Change or Die”<br />inno360 Launch Proprietary <br />
Today’s Open InnovationBetter But<br />Social Innovation/Ideation Communities<br />Problem redefined to solicit input of others takes too much time<br />Often more about ideas & consumer/users feedback<br />May limits internal analysis and leverage - exception based innovation<br />With increased complexity often targeted to innovation services communities<br />One-to-One (classic open innovation)<br />Usually research and analyze are focused inward until they fail to yield results<br />Often, we access known/repeat colleagues, - similar experts externally<br />Typically work with others to define & redefine problems but often in our own terms<br />New innovations but slow paced & reuse is limited<br />
New Era: Collaborative InnovationAbout Building Global Expert Ecosystems<br />1<br />2<br />3<br />4<br />Company<br />B2B: Via a Collaborative Supplier Innovation<br />Community<br />B2C: Via a Collaborative Community* Innovation<br />Internal Innovators<br />Expert<br />B2C2B: Via a Collaborative Consumer (Expert) Innovation<br />Find, Build & Leverage Ecosystems<br />Find Knowledge<br />Define<br />Collaborate<br />10<br />
Key: Find & Build Global Expert Connected Capabilities<br /><ul><li>LEVERAGE THE “DEEP WEB”
ENABLE COLLABORATION</li></ul>FIND INFINITE TALENT<br />EXTEND YOUR TEAM<br />From 100’s M in <br />Content<br />To Best Fit<br />Experts<br />To Collaborative<br />Ecosystems<br />inno360 Launch Proprietary <br />11<br />
Revolutionary ConceptEnabler: An Innovation Engine<br />Best Fit Ecosystem Builder<br />Finds Relevant Knowledge & Talent<br />Builds a Global Innovator Network<br />Enables Any Innovation<br />Automates: Do It Yourself Environment<br />Makes it Faster & Easier<br />Access 360° Global Expertise<br />Enable an Ecosystem for Any Innovation <br />
Creating a Network of Networks<br /><ul><li>SEARCH on Statement of Need</li></ul>Enabling Technologies<br />Specialized Semantic Meta-Search Finding Deep Web Relevance & Adjacencies<br />Proximal Matching for Best Fit Global Assessment<br />Talent Profile Builder<br />Automated Eco-system Builder<br /><ul><li>FINDS Deep Web Objects and Experts
Leverage The Deep WebWhat You Don’t Know<br />14<br />14% of online content available through search engines<br />(Google, Bing, Yahoo)<br />Access To Routine Data Sources<br /> Multi- Search Engine Capability : Semantic Proximal Meta-Search<br />The rest of the Internet<br /><ul><li>Private Research
Landscape Knowledge DomainsCruSar to Materials Clusters<br />Landscape Cluster Analysis -- Adjacencies<br />CruSar<br /><ul><li>SEARCH on Statement of Need</li></ul>20<br />
Find and Build Best Fit Collaborative Communities<br />509 Experts in the Ecosystem<br />From Experts to Company/Partner Affinity<br />Building Expert Ecosystems<br />Collaborative Experts Selected<br />21<br />
Change the GameInnovation Engine for Productivity<br />More Innovation<br />Taps into a 360° network of all your internal staff, key suppliers, proprietary networks and external networks to find solutions.<br />Faster Innovation<br />Puts an innovation ecosystem in your own hands with a complete enabling collaboration, keeping you ahead.<br />Collaborative<br />Intuitive web-based software platform brings best-practice open innovation to all your staff and partners.<br />For all Facets of Innovation<br />Enable People, Project & Organization Productivity<br />inno360 Proprietary<br />22<br />
Thank You<br />ENABLE COLLABORATIVE INNOVATION<br />PRODUCTIVITY<br />inno360 redefines innovation, enabling companies to efficiently build their own global ecosystems to accelerate innovation<br />