The document discusses revitalizing innovation programs. It suggests avoiding focusing on only one type of innovation and instead opening up to diverse opportunities in other areas like business models, marketing, technology, customers, and responding to trends and competition. The document provides examples of companies innovating in complementary ways to their core offerings in response to factors like changing markets, technologies, customers, and goals. It advocates analyzing innovation programs to design ones with more power for growth and strengthening a company's position and DNA.
Emerging theories of marketing and innovationavrch
a commemorative lecture paying tribute to Dr. V Kurien and Prof. Peter Drucker during the Drucker-Kurien Week celebrated at Development Management Institute, Patna on 21 Nov 2017
This document discusses iMinds, an organization that creates industry value through cooperation between universities, companies, investors, and government in Flanders. It outlines iMinds' focus on key technologies and markets, as well as its innovation toolbox that includes programs like ICON, Digimeter, and startup support. ICON facilitates collaborative research projects between industry and academia, with examples of successful projects provided. Digimeter and startup support help measure and commercialize outputs of the innovation process. The goal is to drive economic and social growth through ICT innovation.
The LED replacement light source market is not saturated, the engineering procurement volume will continue to increase, and the production cost will continue to decline. Simcretech (www.simcretech.com) has unique advantages in LED floodlight power supply, LED high bay light power supply, LED street light power supply, LED external waterproof power supply, solar LED drive power supply, multi-channel LED constant current power supply, etc. Provide LED fluorescent lamp power supply, LED spotlight power supply, power adapter, power module and other related products.
Openbravo and HIS: delivering innovation to university information systemsPaolo Juvara
Openbravo and HIS are partnering to deliver innovative university information systems with the most complete functionality, easiest usability, and lowest cost. They share a vision of strengthening Openbravo's financial modules to meet German university needs, improving usability, and integrating with HIS's campus management software. Through collaborative research and development efforts between their teams, as well as a multi-phase partnership, Openbravo and HIS aim to provide smart solutions and real results for today's innovative universities.
COMIT / Fiatech Conference 2014, The Crystal, London
Efficiency Through Digital Projects
Flipping the Workforce are you ready – this session will present on what the industry is doing to prepare for the next generation of construction professionals
Presentation by Prof. Pieter Ballon during the Information session "Collaboration and support opportunities for SMEs to develop their next generation ICT / Internet protocol" in Brussels on May 16th
Frank Salliau (iMinds): Flanders’ digital Research & Incubation Institute @ N...TISP Project
iMinds seeks to use ICT innovation to positively impact society by addressing challenges like employment, aging, and healthcare. It provides an innovation toolbox including strategic research, incubation programs, applied research and proof of concept testing to help ideas grow into businesses. The ICON research program supports interdisciplinary, cooperative projects to create new products, markets, businesses and spin-offs. iMinds has created over 800 startups and has over 1,000 partners and projects with industry.
Founded in 2010, Applix is a company focused on Customer Interaction through mobile solutions that enable brands, publishers and institutions to create an innovative and effective digital strategy.
We are a strategic partner for some of the most important publishers and businesses, specialising in two main lines of business: Digital Publishing, Mobile & Apps, Education.
In 2011 our company gained a €3 million investment, underwritten by Principia 2 fund, the investment company AngelLab, Hyppo Corporation and private partners, laying the foundation for the roll-out and internationalisation of its products.
In 2012 and 2014 we completed the acquisition of Xorovo and bSmart, today Applix Xorovo and Applix Education, business units of the company: the former, specialising in the development of end user and enterprise solutions for mobile devices, the latter, focused on digital publishing services for education.
Our Apps have received several international awards and have been downloaded in more than 120 countries, reaching the top 10 of the Stores ranking in over 50 of them with millions of downloads.
Emerging theories of marketing and innovationavrch
a commemorative lecture paying tribute to Dr. V Kurien and Prof. Peter Drucker during the Drucker-Kurien Week celebrated at Development Management Institute, Patna on 21 Nov 2017
This document discusses iMinds, an organization that creates industry value through cooperation between universities, companies, investors, and government in Flanders. It outlines iMinds' focus on key technologies and markets, as well as its innovation toolbox that includes programs like ICON, Digimeter, and startup support. ICON facilitates collaborative research projects between industry and academia, with examples of successful projects provided. Digimeter and startup support help measure and commercialize outputs of the innovation process. The goal is to drive economic and social growth through ICT innovation.
The LED replacement light source market is not saturated, the engineering procurement volume will continue to increase, and the production cost will continue to decline. Simcretech (www.simcretech.com) has unique advantages in LED floodlight power supply, LED high bay light power supply, LED street light power supply, LED external waterproof power supply, solar LED drive power supply, multi-channel LED constant current power supply, etc. Provide LED fluorescent lamp power supply, LED spotlight power supply, power adapter, power module and other related products.
Openbravo and HIS: delivering innovation to university information systemsPaolo Juvara
Openbravo and HIS are partnering to deliver innovative university information systems with the most complete functionality, easiest usability, and lowest cost. They share a vision of strengthening Openbravo's financial modules to meet German university needs, improving usability, and integrating with HIS's campus management software. Through collaborative research and development efforts between their teams, as well as a multi-phase partnership, Openbravo and HIS aim to provide smart solutions and real results for today's innovative universities.
COMIT / Fiatech Conference 2014, The Crystal, London
Efficiency Through Digital Projects
Flipping the Workforce are you ready – this session will present on what the industry is doing to prepare for the next generation of construction professionals
Presentation by Prof. Pieter Ballon during the Information session "Collaboration and support opportunities for SMEs to develop their next generation ICT / Internet protocol" in Brussels on May 16th
Frank Salliau (iMinds): Flanders’ digital Research & Incubation Institute @ N...TISP Project
iMinds seeks to use ICT innovation to positively impact society by addressing challenges like employment, aging, and healthcare. It provides an innovation toolbox including strategic research, incubation programs, applied research and proof of concept testing to help ideas grow into businesses. The ICON research program supports interdisciplinary, cooperative projects to create new products, markets, businesses and spin-offs. iMinds has created over 800 startups and has over 1,000 partners and projects with industry.
Founded in 2010, Applix is a company focused on Customer Interaction through mobile solutions that enable brands, publishers and institutions to create an innovative and effective digital strategy.
We are a strategic partner for some of the most important publishers and businesses, specialising in two main lines of business: Digital Publishing, Mobile & Apps, Education.
In 2011 our company gained a €3 million investment, underwritten by Principia 2 fund, the investment company AngelLab, Hyppo Corporation and private partners, laying the foundation for the roll-out and internationalisation of its products.
In 2012 and 2014 we completed the acquisition of Xorovo and bSmart, today Applix Xorovo and Applix Education, business units of the company: the former, specialising in the development of end user and enterprise solutions for mobile devices, the latter, focused on digital publishing services for education.
Our Apps have received several international awards and have been downloaded in more than 120 countries, reaching the top 10 of the Stores ranking in over 50 of them with millions of downloads.
This document contains slides from a presentation on product management. It discusses the evolving role of product managers, who are taking on more innovation-related responsibilities. Effective product management requires understanding customer needs, managing cross-disciplinary teams, and driving return on innovation. The presentation provides frameworks and tools to help product managers work across business, technology, marketing and develop a product pipeline and dashboard to measure success.
This document outlines a case study of SandenVendo exploring how design thinking can help drive innovation strategy. It discusses how SandenVendo traditionally focused on cost and performance but is now exploring using design to differentiate products and enhance customer experience. The case study describes how SandenVendo worked with a design consultant to explore new concepts for a coffee server through observation, prototyping, and testing with customers to identify a design that better meets human motivations. The concept was then further developed and demonstrated at a trade show, and SandenVendo is now integrating design thinking more systematically into its innovation process.
The document discusses the future of retail and the growth of e-commerce. It notes that online sales are expected to overtake traditional retail sales within 10 years. It promotes solutions for building e-commerce platforms and online stores using Magento technology. Examples are given of major brands that have successfully implemented Magento-based online stores.
The document is a presentation by an innovation consultant for revitalizing innovation programs. It discusses the importance of not focusing on just one type of innovation and instead considering a diverse set of innovation opportunities. These include innovations that strengthen the company's position in the market and DNA, connect better to customers and users, and keep up with technological and market trends. The presentation provides examples and recommends designing innovation programs with more power for growth by analyzing a variety of innovation areas.
This document discusses a pan-European study on critical success factors for eco-innovation conducted by Verhaert, an innovation consulting firm, for the OECD. It defines eco-innovation and outlines the study's goals of exploring radical and systemic innovations to accelerate Europe's transition to more sustainable industries and meet environmental targets. Insights from the study highlight key success factors like forming alliances between firms and stakeholders, challenging existing business models, reinforcing customer behavior through marketing, and having dedicated leadership to drive big changes.
The document discusses innovation strategies and growth. It provides examples of innovative companies and strategies. Some key points discussed include the importance of creativity and innovation for competitiveness, different types of innovation like product, platform, and business model innovation. Challenges to innovation in India and the projected evolution of India's innovation landscape are also summarized. The document concludes with several takeaways about harnessing creativity, competing through innovation, and applying segmentation strategies for local and global impact.
How to give your business model a successful makeoverZane Smilga
This document discusses how to successfully redesign a business model. It provides 10 rules for a successful business model makeover: 1) Think of the business model as a system; 2) Consider the business environment; 3) Challenge every aspect of the existing business model; 4) Use industry examples and triggers for new ideas; 5) Generate multiple business model options; 6) Envision future scenarios; 7) Visualize new business model ideas; 8) Check assumptions through testing; 9) Consider implementation options; and 10) Be prepared for change. The document emphasizes that incremental changes are no longer sufficient and that redesigning the entire business model system is needed to manage increasing business complexity.
Innovation is one of the key enablers for European enterprises to compete in global markets. The term ‘innovation’ is constantly used in speeches of managers, politicians, public administrators. However, in the large majority of cases, the term is used as a generic 'place holder', a sort of container whose actual content is left to the intuition. For this reason it is important to deeply elaborate, specifically on the notion of Enterprise Innovation, to better understand the essence and meaning of innovation.
Innovation stems from a virtuous mix of intuition, creativity, and a solid background knowledge. Each innovation endeavour has its own characteristics, largely different from previous experiences. It falls in the category of ‘wicked problems’, i.e., problems difficult to solve because of incomplete, fuzzy, changing requirements. Nevertheless, there are recurring patterns and it is possible to conceive systematic methods, and supporting information systems, to promote and manage innovation avoiding the risk to close it in a ‘cage’, risking depressing the fundamental creativity and fantasy. This talk will present an innovative framework for enterprise innovation that includes a methodology and an innovation management platform which is based on an generic behavioural pattern (i.e., independent of the industrial sector), a strong knowledge orientation, and an innovation monitoring system funded on a number of Key Performance Indicators, to constantly keep the progress of the innovation project under control.
This document presents information on developing new growth platforms through innovation. It discusses two approaches: 1) enhancing the existing business through a new promise or proposition, and 2) diversification by setting up a new separate business. It emphasizes the importance of starting from a growth objective, isolating initiatives with an entrepreneurial team, thinking big but starting small, and embedding initiatives in the organization for support. The goal is to develop a seamless innovation process leveraging resources, networking, and an emboldening culture.
TechEvent Digital Business Transformation Journey-a_pragmaticapproachTrivadis
The document discusses digital business transformation and provides tools and approaches for organizations undergoing this process. It outlines areas to consider like processes, culture, products and data. Tools include using a digital checkup, trend radar and idea factory to develop strategies, identify innovations and optimize processes. The key is having a customer focus, digital mindset, end-to-end thinking and full leadership support to adapt the organization as customer expectations change in a digital world.
Open Innovation: an approach - speech miac 2019Antonio Mosca
This document discusses open innovation and digital transformation opportunities in the tissue industry. It notes that by 2025, digital technologies will have an $11.1 trillion global economic impact. Open innovation allows companies to search for innovative ideas, learn how to openly innovate, and boost innovation through partnerships. The document proposes that Fabio Perini, as a leader in the tissue industry, is well-positioned to be a digital innovation partner and help its customers benefit from digital technologies through solutions like servitization, connected factories, and smart lines. It recommends customers visit Fabio Perini's innovation centers, workshops, and define a custom digital roadmap to create value through open innovation.
Ottavo appuntamento di Exhibitionist, incontri tra innovatori di fiere ed eventi. Protagonista Stefan Rummel, Chief Strategy Officer di Messe München. Open Innovation per sviluppare il legame con la community.
The document summarizes the history and growth of Rovio Entertainment, the company behind the popular Angry Birds mobile game franchise. It describes how Rovio started as a small game development studio, struggled for years before creating Angry Birds, which became a massive commercial success. However, as Rovio grew rapidly it lost its entrepreneurial culture and had difficulties transitioning Angry Birds to the freemium model. This led to financial difficulties, layoffs, and former employees leaving to start their own companies.
Innovation Idea for Lidl supermarket chainArshad TK
new innovation technology formed by our Innovation consultancy for the German global discounted supermarket chain Lidl called ‘Grab and Go’ which aid the shopping easy, quick and convenient by mainly avoiding checkout lines for shoppers in Lidl
2019 04-30 MIDIH solutions and DIHIWARE platformMIDIH_EU
MIDIH Solutions and DIHIWARE platform provides three solutions:
1. MIDIH Open Platform is an open platform to connect industrial systems through common standards and integrate solutions for software, data, and business models.
2. DIHIWARE is a knowledge management and collaboration platform offering services like challenges/contests, a marketplace, and workflows.
3. A 6P methodology assesses a company's digital maturity across people, partners, product, production, platform, and performance then develops a migration plan to their target profile.
Digitalization is disrupting traditional European industries like manufacturing. The highly successful Mittelstand manufacturing sector that has driven German and European economic success is now under threat from digitalization. However, digitalization also provides opportunities to increase operational efficiency in the short term and enable new business models in the long term. Exploiting these opportunities requires understanding disruptive innovation, developing interdisciplinary digital talent, and managing organizational change. Actyx helps manufacturers develop digital transformation strategies through cooperative innovation projects.
Samsung is a South Korean multinational conglomerate company headquartered in Seoul. It has diversified business lines including electronics, trade, and financial services. In electronics, Samsung is a global leader in smartphones, TVs, displays, home appliances, and semiconductors. It has a strong focus on R&D and innovation, employing over 369,000 people worldwide. Samsung leverages its scale and vertical integration and pursues an aggressive growth strategy across its product lines to maintain its position as one of the largest technology companies globally.
Babiloo: The innovative dashboard for the brand's digital ecosystem. Hallelujah s.r.l.
Presentation of Babiloo @IabForum Italia, on 12/1/15 at the workshop: "Babiloo: The innovative dashboard for the brand's digital ecosystem. How to survive to the social information inflation and drive the growth of a competitive brand digital ecosystem".
This document provides an overview of Creative Lounge Digital, a marketing agency. It discusses their beliefs in digital expertise and accountability. They combine traditional and digital strategies to help clients achieve goals. The agency has a team of specialists in areas like UX design, web design, and analytics. They create interactive digital components and customize analytics environments. Case studies describe projects using technologies like 360 VR, video interactions, and touchscreens. The portfolio highlights campaigns for brands like Mini Cooper, Adidas, Puma, and Stella Artois.
This document provides an overview of artificial intelligence (AI) and machine learning. It begins by defining AI as computer systems able to perform cognitive tasks like reasoning, decision making, perception, and language understanding. It then discusses what AI is good at, including classification, pattern recognition, prediction, and information retrieval. The document also covers different types of machine learning algorithms like supervised and unsupervised learning. It aims to demystify key AI concepts and discuss opportunities for applying AI in the chemical industry.
To explain the tremendous evolution in ICT the last decades, one typically refers to the Law of Moore. Today we’re facing with new languages and methodologies popping up like buzz words. Understanding the evolution of programming and cornerstone concepts will help you to position and value future programming languages and trends.
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This document contains slides from a presentation on product management. It discusses the evolving role of product managers, who are taking on more innovation-related responsibilities. Effective product management requires understanding customer needs, managing cross-disciplinary teams, and driving return on innovation. The presentation provides frameworks and tools to help product managers work across business, technology, marketing and develop a product pipeline and dashboard to measure success.
This document outlines a case study of SandenVendo exploring how design thinking can help drive innovation strategy. It discusses how SandenVendo traditionally focused on cost and performance but is now exploring using design to differentiate products and enhance customer experience. The case study describes how SandenVendo worked with a design consultant to explore new concepts for a coffee server through observation, prototyping, and testing with customers to identify a design that better meets human motivations. The concept was then further developed and demonstrated at a trade show, and SandenVendo is now integrating design thinking more systematically into its innovation process.
The document discusses the future of retail and the growth of e-commerce. It notes that online sales are expected to overtake traditional retail sales within 10 years. It promotes solutions for building e-commerce platforms and online stores using Magento technology. Examples are given of major brands that have successfully implemented Magento-based online stores.
The document is a presentation by an innovation consultant for revitalizing innovation programs. It discusses the importance of not focusing on just one type of innovation and instead considering a diverse set of innovation opportunities. These include innovations that strengthen the company's position in the market and DNA, connect better to customers and users, and keep up with technological and market trends. The presentation provides examples and recommends designing innovation programs with more power for growth by analyzing a variety of innovation areas.
This document discusses a pan-European study on critical success factors for eco-innovation conducted by Verhaert, an innovation consulting firm, for the OECD. It defines eco-innovation and outlines the study's goals of exploring radical and systemic innovations to accelerate Europe's transition to more sustainable industries and meet environmental targets. Insights from the study highlight key success factors like forming alliances between firms and stakeholders, challenging existing business models, reinforcing customer behavior through marketing, and having dedicated leadership to drive big changes.
The document discusses innovation strategies and growth. It provides examples of innovative companies and strategies. Some key points discussed include the importance of creativity and innovation for competitiveness, different types of innovation like product, platform, and business model innovation. Challenges to innovation in India and the projected evolution of India's innovation landscape are also summarized. The document concludes with several takeaways about harnessing creativity, competing through innovation, and applying segmentation strategies for local and global impact.
How to give your business model a successful makeoverZane Smilga
This document discusses how to successfully redesign a business model. It provides 10 rules for a successful business model makeover: 1) Think of the business model as a system; 2) Consider the business environment; 3) Challenge every aspect of the existing business model; 4) Use industry examples and triggers for new ideas; 5) Generate multiple business model options; 6) Envision future scenarios; 7) Visualize new business model ideas; 8) Check assumptions through testing; 9) Consider implementation options; and 10) Be prepared for change. The document emphasizes that incremental changes are no longer sufficient and that redesigning the entire business model system is needed to manage increasing business complexity.
Innovation is one of the key enablers for European enterprises to compete in global markets. The term ‘innovation’ is constantly used in speeches of managers, politicians, public administrators. However, in the large majority of cases, the term is used as a generic 'place holder', a sort of container whose actual content is left to the intuition. For this reason it is important to deeply elaborate, specifically on the notion of Enterprise Innovation, to better understand the essence and meaning of innovation.
Innovation stems from a virtuous mix of intuition, creativity, and a solid background knowledge. Each innovation endeavour has its own characteristics, largely different from previous experiences. It falls in the category of ‘wicked problems’, i.e., problems difficult to solve because of incomplete, fuzzy, changing requirements. Nevertheless, there are recurring patterns and it is possible to conceive systematic methods, and supporting information systems, to promote and manage innovation avoiding the risk to close it in a ‘cage’, risking depressing the fundamental creativity and fantasy. This talk will present an innovative framework for enterprise innovation that includes a methodology and an innovation management platform which is based on an generic behavioural pattern (i.e., independent of the industrial sector), a strong knowledge orientation, and an innovation monitoring system funded on a number of Key Performance Indicators, to constantly keep the progress of the innovation project under control.
This document presents information on developing new growth platforms through innovation. It discusses two approaches: 1) enhancing the existing business through a new promise or proposition, and 2) diversification by setting up a new separate business. It emphasizes the importance of starting from a growth objective, isolating initiatives with an entrepreneurial team, thinking big but starting small, and embedding initiatives in the organization for support. The goal is to develop a seamless innovation process leveraging resources, networking, and an emboldening culture.
TechEvent Digital Business Transformation Journey-a_pragmaticapproachTrivadis
The document discusses digital business transformation and provides tools and approaches for organizations undergoing this process. It outlines areas to consider like processes, culture, products and data. Tools include using a digital checkup, trend radar and idea factory to develop strategies, identify innovations and optimize processes. The key is having a customer focus, digital mindset, end-to-end thinking and full leadership support to adapt the organization as customer expectations change in a digital world.
Open Innovation: an approach - speech miac 2019Antonio Mosca
This document discusses open innovation and digital transformation opportunities in the tissue industry. It notes that by 2025, digital technologies will have an $11.1 trillion global economic impact. Open innovation allows companies to search for innovative ideas, learn how to openly innovate, and boost innovation through partnerships. The document proposes that Fabio Perini, as a leader in the tissue industry, is well-positioned to be a digital innovation partner and help its customers benefit from digital technologies through solutions like servitization, connected factories, and smart lines. It recommends customers visit Fabio Perini's innovation centers, workshops, and define a custom digital roadmap to create value through open innovation.
Ottavo appuntamento di Exhibitionist, incontri tra innovatori di fiere ed eventi. Protagonista Stefan Rummel, Chief Strategy Officer di Messe München. Open Innovation per sviluppare il legame con la community.
The document summarizes the history and growth of Rovio Entertainment, the company behind the popular Angry Birds mobile game franchise. It describes how Rovio started as a small game development studio, struggled for years before creating Angry Birds, which became a massive commercial success. However, as Rovio grew rapidly it lost its entrepreneurial culture and had difficulties transitioning Angry Birds to the freemium model. This led to financial difficulties, layoffs, and former employees leaving to start their own companies.
Innovation Idea for Lidl supermarket chainArshad TK
new innovation technology formed by our Innovation consultancy for the German global discounted supermarket chain Lidl called ‘Grab and Go’ which aid the shopping easy, quick and convenient by mainly avoiding checkout lines for shoppers in Lidl
2019 04-30 MIDIH solutions and DIHIWARE platformMIDIH_EU
MIDIH Solutions and DIHIWARE platform provides three solutions:
1. MIDIH Open Platform is an open platform to connect industrial systems through common standards and integrate solutions for software, data, and business models.
2. DIHIWARE is a knowledge management and collaboration platform offering services like challenges/contests, a marketplace, and workflows.
3. A 6P methodology assesses a company's digital maturity across people, partners, product, production, platform, and performance then develops a migration plan to their target profile.
Digitalization is disrupting traditional European industries like manufacturing. The highly successful Mittelstand manufacturing sector that has driven German and European economic success is now under threat from digitalization. However, digitalization also provides opportunities to increase operational efficiency in the short term and enable new business models in the long term. Exploiting these opportunities requires understanding disruptive innovation, developing interdisciplinary digital talent, and managing organizational change. Actyx helps manufacturers develop digital transformation strategies through cooperative innovation projects.
Samsung is a South Korean multinational conglomerate company headquartered in Seoul. It has diversified business lines including electronics, trade, and financial services. In electronics, Samsung is a global leader in smartphones, TVs, displays, home appliances, and semiconductors. It has a strong focus on R&D and innovation, employing over 369,000 people worldwide. Samsung leverages its scale and vertical integration and pursues an aggressive growth strategy across its product lines to maintain its position as one of the largest technology companies globally.
Babiloo: The innovative dashboard for the brand's digital ecosystem. Hallelujah s.r.l.
Presentation of Babiloo @IabForum Italia, on 12/1/15 at the workshop: "Babiloo: The innovative dashboard for the brand's digital ecosystem. How to survive to the social information inflation and drive the growth of a competitive brand digital ecosystem".
This document provides an overview of Creative Lounge Digital, a marketing agency. It discusses their beliefs in digital expertise and accountability. They combine traditional and digital strategies to help clients achieve goals. The agency has a team of specialists in areas like UX design, web design, and analytics. They create interactive digital components and customize analytics environments. Case studies describe projects using technologies like 360 VR, video interactions, and touchscreens. The portfolio highlights campaigns for brands like Mini Cooper, Adidas, Puma, and Stella Artois.
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This document provides an overview of artificial intelligence (AI) and machine learning. It begins by defining AI as computer systems able to perform cognitive tasks like reasoning, decision making, perception, and language understanding. It then discusses what AI is good at, including classification, pattern recognition, prediction, and information retrieval. The document also covers different types of machine learning algorithms like supervised and unsupervised learning. It aims to demystify key AI concepts and discuss opportunities for applying AI in the chemical industry.
To explain the tremendous evolution in ICT the last decades, one typically refers to the Law of Moore. Today we’re facing with new languages and methodologies popping up like buzz words. Understanding the evolution of programming and cornerstone concepts will help you to position and value future programming languages and trends.
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At the end of the ’60s, the first research programs started on humanoid robots. Although this technology inspired many of us, it’s only now that we see first applications arise. What’s the status of the robotics technology? How is it impacted by other technologies like AI, RF and energy storage? Let’s discuss the evolution and potential for your business based on recent projects and technologies available at our partners and alumni start-ups.
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3) Key lessons from successful moonshots are that they require bold goals like 10x improvements, committed leadership, and tolerance for failure during development.
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The adoption of innovative IoT technology in smart cities seems to go slower than the utopian predictions of the last decade. This might be because the traditional business-to-government model is no longer sufficient to bear the investment cost and get these systems operational. Multi-sided business models can offer
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3. CONFIDENTIAL
October 26th 2012 Slide 4
Content
Falling in love with one type of innovation
watch out!
What to include in innovation programs
open the box!
How to do it?
shape it smart!
4. CONFIDENTIAL
October 26th 2012 Slide 5
first love:
AutoSyringe, Inc.
sold to Baxter International
Corporation
second love:
DEKA
Research & Development Corporation
in medical sector
secondary love:
Helicopter
company,
sold
another secondary
love:
Teletrol. sold to Philips
big love:
Segway
another
secondary love:
First; robotics competition
What is his innovation love story?
5. CONFIDENTIAL
October 26th 2012 Slide 6
- lack of user-centric design
- lack of positioning (wide target group, high price)
- wrong marketing approach (market penetration, no
distribution network)
- lack of product ecosystem (parking, charging, taking
a plane, regulations…)
it almost failed…
“its significance is close to
the World Wide Web”
/John Doerm 2001/
business model
innovation
&
marketing
innovation
Every product has to be considered in the system no matter how big its potential may be on its own
8. CONFIDENTIAL
October 26th 2012 Slide 9
THERE
IS
MORE
Management innovation
Organizational innovation
Service innovation Business model innovation
Marketing innovation
Value chain innovation Technology innovation
Material innovation Application innovation
Partnership innovation
Resource management innovation
Customer relationship management innovation
Brand innovation Process innovation
Packaging innovation
Revenue stream innovation Product innovation
Pricing innovation
Platform innovation Experience innovation
* * *
Radical innovation Incremental innovation
Disruptive innovation
but how to choose?
9. CONFIDENTIAL
October 26th 2012 Slide 10
Goals of doing more than one type of innovation
1. Adding value to the main innovation line
2. Connecting to users and customers
3. Not missing out on important market trends
4. Not missing out on important technological
developments
5. Staying ahead of competition
6. Solving company problems and reaching the goals
complementary effect
and support for
company DNA
DNA
innovation
innovation to
connect better to
your customers
and users
innovation to be in
line with market
developments
(trends and
technologies)
innovation to
stay ahead of
competition
Innovation to
reach company
objectives and
continue
growing
11. CONFIDENTIAL
October 26th 2012 Slide 12
Innovation - response to market trends
how long can we still count on
“many cheap hands”?
12. CONFIDENTIAL
October 26th 2012 Slide 13
Example
Adidas will close its factories in China
Adidas DNA:
- product innovation & manufacturing
- strong brand
Complementary innovation:
Organizational innovation:
Manufacturing will possibly be outsourced and
local R&D centers allocated in China
Channel innovation:
Efforts (most likely) will be put in consumer
market potential of China (more retail
channels, retail experiences)
organizational
innovation
&
channel innovation
Product
Innovation
13. CONFIDENTIAL
October 26th 2012 Slide 14
Innovation – response to technological developments
3 D printing
Ubiquitous sensor networks
Robotics and automation
Artificial intelligence
Smart materials/homes/cities
14. CONFIDENTIAL
October 26th 2012 Slide 15
Example – shopping centers
Service/
experience
Innovation +
business model
innovation
a 'digital greeter' at the Bay’s flagship Toronto
store
Smart mirrors & social retailing at Macy`s in
NYC
Robots in retail warehouses - 12 min from
order to truck, Zappos & Kiva systems
a touch-screen computer on the handle of
a shopping cart & in-store wireless network
technology driven retail business
Marketing
Innovation
16. CONFIDENTIAL
October 26th 2012 Slide 17
Innovation – response to customers and users
User and customer centric approach
Innovation opportunities in the whole ecosystem of products,
services and business
17. CONFIDENTIAL
October 26th 2012 Slide 18
Example
value proposition
+
service innovation
• Renting out machinery and equipment
• Supplying consumables
• Providing logistics
• Supporting with temporary crew
• Providing condition monitoring and maintenance
services
manufacturers of packaging machinery
turn into service providers
Product
Innovation
19. CONFIDENTIAL
October 26th 2012 Slide 20
Innovation - response to competitor threats
1. Direct competition
2. Price competition
3. Substitution competition
4. Commodity trap
5. Brand competition
20. CONFIDENTIAL
October 26th 2012 Slide 21
Example
Innovation to build competitive advantage
Process
optimization -
organizational
innovation
Iconic design and
brand innovation
Market innovation
Foxonn plans to use
1 million of robots
(in 3 years)
Core
Innovation
25. CONFIDENTIAL
October 26th 2012 Slide 26
Example
Telecoms changed their DNA
- outsourcing infrastructure & service
development
- customer relationship management inhouse
Business model
& customer
relationship
management
innovation
Product
Innovation
27. CONFIDENTIAL
October 26th 2012 Slide 28
Revitalizing innovation programs
Innovation programs
that make your company
grow and DNA stronger
Innovation to
stay ahead of
competition
Innovation to
connect better to
your customers
and users
Innovation to be in
line with market
developments
(trends and
technologies)
Innovation programs that
make your position in
market and DNA stronger
Core
Innovation
28. CONFIDENTIAL
October 26th 2012 Slide 29
• watch out not to fall in love with only one type of innovation
• open the box of diverse innovation opportunities in other areas
• analyse, assess, screen and design innovation programs with more power for
growth
Revitalizing innovation programs
29. CONFIDENTIAL
October 26th 2012 Slide 30
VERHAERT MASTERS IN INNOVATION®
Headquarters
Hogenakkerhoekstraat 21
9150 Kruibeke (B)
tel +32 (0)3 250 19 00
fax +32 (0)3 254 10 08
ezine@verhaert.com
More at www.verhaert.com
VERHAERT MASTERS IN INNOVATION®
Netherlands
European Space Innovation Centre
Kapteynstraat 1
2201 BB Noordwijk (NL)
Tel: +31 (0)633 666 828
willard.vanderheijden@verhaert.com
More at www.verhaert.com
VERHAERT MASTERS IN INNOVATION®
helps companies and governments to innovate.
We design products and systems for organizations looking for new ways to provide value
for their customers.
We are a leading integrated product innovation center; creating technology platforms,
developing new products and business in parallel, hence facilitating new-growth strategies
for our clients.
Editor's Notes
innovate your innovation to keep the business growing
In recession companies focus more on organizational, business model innovation
In high economy growth time on technologies – industry level innovation
He is an inventor.. He invented and left the product for another company bring to the market and manage the business model around it
DEKA had a business model around inventing . He could continuously develop revolutionary products and quit after inventing
Segway was his first big love, he wanted to bring to market himself…
AutoSyringe, Inc. (infusion devices: wearable infusion pump, wearable infusion pump for diabetics and others);
sold that company to Baxter International Corporation
The invention gained attention even before it was unveiled in December 2001, spurred by leaked quotes from a book proposal that ran on the Inside.com news site. The proposal quoted Apple Inc. Chief Executive Officer Steve Jobs saying people will design cities around the invention and venture capitalist John Doerr comparing its significance to the World Wide Web.
Development budget: 100 m USD
Challenges:
Pricy (6,000 USD +)
Legal restrictions (NewYork)
2003: recalled all 6,000 of its transporters after a safety report found operators risk falling as batteries ran out.
2006: recalled 23,500 of its scooters because they could suddenly reverse, causing the rider to fall
http://www.bloomberg.com/news/2010-09-27/segway-company-owner-heselden-dies-in-u-k-after-driving-segway-off-cliff.html
Expectations were too high. The Segway was described as the future of transport. As an innovation it was said to be on a par with the PC or the internet. Inevitably it could not live up to this level of hype. PR exposure is generally useful but this time it was overdone.
It was a product not a solution. The product works well but it lacked a support context. Where can you park it? How do you charge it? Do you use it on roads or sidewalks? Our cities are designed for pedestrians or speedy vehicles and this was neither so it had no proper infrastructure to support it.
No clear need or target market. Who was the target market? Who really needed this? It was an appealing novelty but there was no compelling need for anyone to buy it – and it was very expensive.
It was an invention rather than an innovation. The Segway was patented and kept under wraps until its launch. There was no user feedback or iteration in the process. Its inventors were then surprised when people criticised or ridiculed the design for being ‘dorky’ rather than cool.
Regulation. The Segway fell foul of regulation in many countries where it was banned from sidewalks and roads because it did not fit any existing categories. This is a problem for a truly revolutionary product – but it was not properly anticipated.
http://innovatorium.wordpress.com/category/model/
Describing with examples different kind of innovaitons
Meaningful Marketing is all about context. Hitting consumers when it matters, promoting product value (for purchase) by adding experience value immediately (for free)
The Economist cites that 20% of all output from 3D printers is currently producing final products rather than prototypes. And it is expected that by 2020 that number will rise to more than 50%.
The department store’s test of the svelte virtual employee, whose talking is prompted by sensors in the ceiling when people approach her, is among an array of high-tech initiatives that retailers are starting to embrace to help cut costs and pump up business. N.C.-based Marketing Ad Group, which began promoting the product last summer and has leased about 70 greeters. "You might have to pay someone $10 an hour to be a greeter, while this costs just $2 to $3" an hour based on the monthly leasing cost.
Macy's Magic Fitting Room features a large-scale mirror with multi-touch technology that interacts with a multi-touch tablet and lets customers browse, shop and "try-on" the latest must-have items virtually, with the magic of style at the user's fingertips. Flip through the hottest tops, dresses, bottoms and coats from some of Macy's top designers and once complete you can send the whole experience to your Facebook page, SMS, or email, and shop all the looks in the store itself. Customers have a digital photo taken by a camera attached to the mirror to register their position and body orientation before trying on virtual apparel that is projected onto their image. In total, they’ve installed more than 1,000 bots at a dozen warehouses and are growing quickly. By the end of this year, they expect single locations to have systems with 1,000 of the machines.
Dreamed up and executed by old M.I.T. buddies, these teams of retail robots presage an automated future in which multiagent robotic systems put computer science theories into practice.
http://www.wired.com/wiredscience/2009/01/retailrobots/
So-called smart carts are another way to pitch customized deals to shoppers at or before the point of purchase. Customers can create a shopping list on the Web while they're at home, then load it up on a screen in their shopping cart while at the store. •Faster, more efficient shopping. Concierge tells shoppers where to find items, and describes complementary and alternative products, recipes, brand comparisons, product details, and a lot more.
•An enjoyable shopping experience. Consumers find what they need without wasting time searching store aisles. As well, scanning products with Concierge means there are no more line-ups when their shopping is done. the retailer and advertisers gather shopping intelligence that lets them deliver targeted ads and promotions that mean more effective inventory management, higher sales, and increased profits.
http://www.mercatustechnologies.com/solutions/
Meaningful Marketing is all about context. Hitting consumers when it matters, promoting product value (for purchase) by adding experience value immediately (for free)
it is not monolithic; consider the diversity of it;
make the understanding of it practical for all units of the company (not only marketing);
the number of customers you need depends on complexity of the product, diversity of market, product use, and the sophistication of customers;
collect the insights: what are the needs? how the needs can be satisfied? what are the priorities?
http://www.packserv.com.au/AboutUs.aspx
Meaningful Marketing is all about context. Hitting consumers when it matters, promoting product value (for purchase) by adding experience value immediately (for free)
Substitute competition – computer + skype
Dyson suffered from economic recession – cutting costs in salaries, R&D; planning to have new applications with his motor technology in automotive, aerospace
Cooper offers these “seven ingredients of a unique, superior product with real value for the customer”:
Meets customers’ needs better than competitive products.
Is a better-quality product than competitors’ (however the customer defines quality).
Has unique benefits and features for the customer.
Solves customers’ problems with competitive products.
Reduces the customer’s total in-use costs (better value-in-use).
Has highly visible benefits for users.
Is innovative or novel — the first of its kind on the market.
Meaningful Marketing is all about context. Hitting consumers when it matters, promoting product value (for purchase) by adding experience value immediately (for free)
http://www.fiercetelecom.com/story/week-research-outsourcing-gains-popularity-quad-play-competitive-driver-fra/2011-01-14
Outsourcing rises: Telecommunications service providers are increasingly turning to outsourcing as a solution to ever-increasing operating costs, a study from Infonetics Research finds. By the end of 2010, service providers had outsourced $53.5 billion worth of networking tasks to equipment vendors, 8 percent more than they outsourced in 2009. "With major outsourcing deals looming, Ericsson, Nokia Siemens Networks, Alcatel-Lucent, and Huawei may end up running three-quarters of the networks on this planet," notes Stéphane Téral, Infonetics Research's principal analyst for mobile and FMC infrastructure. News release.
Meaningful Marketing is all about context. Hitting consumers when it matters, promoting product value (for purchase) by adding experience value immediately (for free)