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Balancing Intuition and Data: The Dual Pillars of Product Innovation

helloFUTURE

In the rapidly evolving landscape of product innovation, two guiding forces emerge: intuition and data. Intuition, with its roots in gut feelings and experiential wisdom, seems almost archaic when placed beside the cool precision of data. At first glance, these might appear contradictory.

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Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

What is clear anyone that does develop a fully integrated platform designed for innovation will certainly disrupt the current way products are managed. We really do need an innovation management platform and does the way that Aras has set about this, give us a working concept design? Aras PLM Product Innovation Platform.

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What to innovate now

Jeffrey Phillips

Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model. This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation. Product innovation is of course necessary for survival.

Agile 261
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Innovating when everything is "as a service"

Jeffrey Phillips

What the "as a service" model doesn't fully contemplate, however, is the importance and value of data. After all, does a mower really create interesting data that can be harvested? Some products, like Alexa, create interesting data about the searches people conduct. What's all of this have to do with innovating?

Data 174
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Are Digital Transformation and Innovation the Same Thing?

IdeaScale

Innovation. Innovation is the introduction of any significant, positive change. This can be changes in public policy, small improvements to a company’s processes, totally new, disruptive product offerings, and more. An example of a workplace production innovation was a new sick PTO policy co-created by NYU employees.

Policies 206
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Participation leads to Innovation

Destination Innovation

They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ ’ Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period. The findings are instructive.

Ideation 204
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Innovation needs the power of completing the 4th Industrial Revolution

Paul Hobcraft

We are facing greater disruption and an increasing innovation pace. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 Innovation is ready for those accelerating and being fully committed to their 4IR journey. Innovation is the unlocking mechanism.

Industry 289