2. What is Innovation?
Means of Innovation
The degrees of innovation
Innovation Tech Trends - 2012
Five Innovations – that change our Life within Five Years
Innovation Mantra
Tips for Innovators
Take Away
3. Hundreds of similar definitions can be found in the
literature.
“Innovation is the profitable implementation of
ideas.”
Think of invention as the laying of an egg,
innovation as the laying, incubation and hatching.
There is no shortage of ideas and inventions in the
world. The challenge is to introduce these
successfully to a market.
4. Concrete Project Calculator for
Smartphone Use
Product
Process
Service
Business model
Value
Market
5. This is “Disruptive Innovation,” a term first
coined by Clayton Christensen. Disruptive
innovation refers to a firm’s strategy relative to
other firms. Often, low-cost business models
and “good enough” solutions/products for low-
end and/or non-consumers
6. The degree of change required by the innovating firm
and/or the market.
Incremental
(sometimes called “continuous” or
“evolutionary” or “small”)
Semi-radical
Radical
(sometimes called “discontinuous” or
“revolutionary” or “big”)
7. Recommendation engine gets personal through social
Mapping User Specific Preferences BeachMint – Fashion
Facebook Users – 38% of
Google – Schemer –
Internet users
Hardware and content convergence will accelerate DiscoverySocial
150m users on LinkedIn
Service
100m Users in Twitter
Purchase Decisions 54% ofContent Ecosystem
Job seekers using
Windows platforms pick up new Momentum search aboveAppleiPhone
for
Brilliant OLED screen Displays
Kindle Fire
Ultra-thin Bezels
HTC acquired Video
NFC – Near Field
Internet Connectivity - first OS
Social recruiting hits the mainstream 3D Display Windows 8
Streaming/Gaming/ Online
Communications
specifically designed for
Music Service Firms
Google Wallet
Voice and Motion Sensors PCs
Motorolascreen –
Touch – SetJam
2012 London Olympics –
Fully Interactive Device
Smart Wallet breaks through TV/movie directory
contactless event
A rebirth of the second screen – the TV
8. Create Your Own Energy
You will be able to power your home
with energy you create yourself.
Biometric Security
You will never need a password
again.
Just Think it
Mind reading is no longer
science fiction.
9. Information access goes Global
The digital divide will cease to exist.
Spam may be History
Junk mail will become priority mail.
10. Don’t Look for Needs to fill them
Create a need that only you can fill
11. Far Future
1. Creating Future Scenario Planning
3. Future Oriented Problem Solving
Today Near
Future 2. Problem Oriented Backward
Thinking
12. Explore the Places where Future Already
happens
21. Innovation is not
The bulk of Future absolutely necessary,
Innovation – less likely
driven by Technologies
and Apps from Labs but
from their Applications
outside the laboratory
We, People as Providers
and Consumers play a
but then neither
Great Role Inducing for
is survival.
Impetus Innovation