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Digital Technology MoshPit

Gregg Fraley

New Service Offering for Digital Technology Innovation. Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation).

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So Where Is Innovation Heading?

Paul Hobcraft

They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies. So the need to innovate comes from digital as the source. It will fundamentally change the type of resources innovation requires.

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Choosing your direction of travel

Paul Hobcraft

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

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Why platforms and ecosystems matter for innovators

Jeffrey Phillips

Here we can see that the ecosystem begins to dictate innovation options or choices(gasoline over electricity) and the ecosystem expands as the base product (the car) comes to some maturity by filling gaps around needs (fast food, inexpensive accommodations) that become needs as the car enables transportation. Which is more important?

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Spotting Innovation Opportunities

ITONICS

If a company focuses on incremental innovation and simple stage-gate ideation processes only, it won’t keep up in the long run. Although many disruptive companies are based on new technologies, this path does not automatically lead to success. Having only one good idea won’t help companies to survive.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. A series of expensive liability suits were a proximate cause, but the new competitors used technology to pry open a crack in the system. Are you safe? Or are you on the edge of irrelevance?

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Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360 Group

I was reminded of the internet hype in the 90s, when firms made fortunes via fundraising and spectacular non-working projects for the new economy. And with AI, we might very well end up in the same place we did then, with technology maturing, many promises made, and many broken. Innovation and Artificial Intelligence.