Design Innovation Processes Product Innovation Radical Innovation 
IdeaScale
APRIL 14, 2021
Process Innovation. Process innovation is the development and application of technology, production method, or method of delivery that’s newly introduced or improved to a notable degree. Product Innovation. Product innovation refers to the creation of a new or significantly improved good or service.
Qmarkets
MARCH 27, 2024
Radical & Disruptive Innovation On the flip side, radical and disruptive innovation challenges the status quo by introducing new concepts, products, or models that shift market dynamics. Radical innovation is about making significant leaps forward, often creating new industries or reshaping existing ones.
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Paul Hobcraft
OCTOBER 5, 2020
Then innovation can finally play its true part in discovering, leveraging and delivering new value and impact. We have to recognize the days of simple product innovation are dwindling. Innovation is benefitting from the 4 th Industrial Revolution. It shifts our thinking and the management of innovation dramatically.
Paul Hobcraft
SEPTEMBER 2, 2018
Less than 30% of manufacturing companies are actively rolling out Fourth Industrial Revolution technologies at scale” No wonder we presently have trouble attracting many businesses onto platforms when they are still very much behind in deciding or deploying a strategically thought-through IIoT digital design, that is connecting everything up.
Tim Kastelle
MARCH 7, 2016
In particular for industrial products this, in turn, has been stimulated by maturing 3D printing technologies. It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof.
Paul Hobcraft
SEPTEMBER 27, 2017
Product innovation from discovery to market is still the biggest drag on industry performance. We see the industrial digital ‘twin’ but are there digital twins within the Chemical and Pharmaceutical industry to design products to be more effective? Building differently the pillars of innovation as essential.
Paul Hobcraft
AUGUST 11, 2015
The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. Producers of innovation need to transition radically into a different innovation delivery & design structure.
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