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Efficient Innovation Management using DataStation Innovation Cloud From idea to market launch Zoran Torgašev Intranea Solutions LLC 3.11.2010. intranea.

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Presentation on theme: "Efficient Innovation Management using DataStation Innovation Cloud From idea to market launch Zoran Torgašev Intranea Solutions LLC 3.11.2010. intranea."— Presentation transcript:

1 Efficient Innovation Management using DataStation Innovation Cloud From idea to market launch Zoran Torgašev Intranea Solutions LLC 3.11.2010. intranea SOLUTIONS

2 How to manage innovations Prerequisite of growth and development Collecting ideas Developing new products/services Monitoring the market Networking Software platform

3 Innovation = creativity that sells Poor innovation management drastically puts back chances of a valuable concepts to reach the marketplace, endangering the future competitiveness of the company and its financial well-being. Product innovation begins with an idea and ends with successful launch of a new product.

4 Idea management Understanding Steering Scoring Decisioning Implementing For a full effect of idea management system, firm needs to have an orientation towards innovation. Best results are achieved by firms which periodically publish thematic initiatives and reward top innovators.

5 New product development (NPD) Process of driving new product or service to the market Strategy: Stage-Gate® Enormous differences in productivity The best 25% of companies generate 500% more sales from their new-product investments than the average companies. Arthur D. Little, Stage-Gate EU No processUsing a process

6 Stage-Gate® methodology Process Stages Gates Between 70-85% of leading US companies now use Stage-Gate® to drive new products to market. AMR Research, Booz-Allen Hamilton

7 NPD Process Example Result: Stronger, more efficient and faster process that improves end-result of product innovation.

8 Market analysis Competition New products Business environment 123 analysis information stimulus

9 Social network Connectivity – centralization Collaboration - efficiency Influence - inspiration Wisdom of the crowds Social network effect can be achieved with certain conditions and controlled environment.

10 DataStation innovation service Process management SaaS / Cloud Flexible Mobile access Reliable platform

11 intranea SOLUTIONS


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