Archive for the ‘Software’ Category

The Maker Movement Spurs Corporate Innovation and Entrepreneurship

Wednesday, July 17th, 2013

The Revolution In Innovation-Enabling Tools, April 18, 2012, discussed the emerging market in innovation tools and software.  The collective demand for “innovation” from corporations has lead to many new market segments to provide services of one form or another.  It has also lead to arms-length providers of off-the-shelf tools and shrink wrapped software providers.  The most sophisticated software tools require service assistance to install and configure them, as one would expect.

GGI first researched these emerging tools privately in 2001 and 2002.  Two companies that we would all agree are leaders with longevity, were also early market adopters of these emerging tool sets.  One company made tractors.  The other company made diagnostic instruments.  Over the past decade, GGI has researched the subject several times on our own account.

By 2004, we found about one-third of first-to-market companies had gone out of business.  Their offerings however shaped more useful solutions now offered by new entrants with better business models.  Clearly, this tools and shrink-wrapped software segment had all the attributes of an emerging market.

In 2008, we statistically researched the industry penetration of some 67 tools out of about 300 we identified.  These 67 were determined to be “generally available,” meaning any professional that went looking (with a bit of zest) for tools and software touted to facilitate innovation could find them.

In 2013, we are not seeing that corporations are institutionalizing innovation into the principles and practices of research and product development in the same manner or rate that lean and six sigma tools have been institutionalized.  The activities and procedures required in invention and innovation-related company processes are overwhelmingly deterministic.

The Maker Movement Spurs Corporate Innovation and Entrepreneurship [Machine Design – July 18, 2013], discusses a competitive landscape that might induce some established companies to redouble their efforts regarding systematic innovation.

The Mission of GGI’s Blog

Wednesday, April 18th, 2012

I would like to welcome readers to GGI’s innovation-centric blog. After twenty-five years as a corporation with a few hundred published articles and citations in trade press and media, and a recognized blog that is focused on overall R&D productivity, it seems appropriate to author a second blog more purely on the subject of innovation. In the coming months and years ahead, we hope to capture your intellectual curiosity and expand your creative horizons. Readers can expect to encounter thought leadership, thought provocation, facts and data, and occassionally some humor requiring very little thought.

In the near term, GGI’s founder, Brad Goldense will be penning most of the content. Over time, we expect to find ways to integrate some of the themes of our decade-long company newsletter, “GGI RapidNews,” into this forum; including book reviews, key trends, and essential news items for professionals in leading positions.

The initial purpose of GGI’s Tangible Innovation™ blog is to explore the rapidly evolving Innovation Body of Knowledge as it grows and matures.

Industry began demanding more innovation in the early 2000s.  Practitioners and vendors alike rose to fill the demand.  A myriad of new strategies, techniques, practices, tools, and software are now available and being tried by corporations.  Some are working.  Some are not.  The jury is still out for most “new to” innovation enablers.

As well, numerous comparative studies exist that rank companies, states, and even countries on the subject of innovation and/or respect for intellectual property.  Most likely, a company with high innovation goals would not wish to put a new facility in a state or country with a low innovation ranking that also rates low on intellectual property protection.

Hopefully this blog will help readers to better choose what might work better for them and/or their companies.

For general information in this subject area please visit www.goldensegroupinc.com.

For information more specifically directed at “overall R&D productivity,” please visit our Driving Product Development™ blog.