Recent Posts

Open Innovation

[vc_row][vc_column][vc_column_text]Table of Contents What is Open Innovation? Types of Open Innovation Models Examples of Open Innovation Top 10 Best Practices for Open Innovation in 2024 [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="20px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] What is Open Innovation? Open innovation is a forward-thinking strategy that emphasizes collaboration and external input to drive innovation. By combining internal efforts with ideas, technologies, and expertise from outside sources, organizations can accelerate growth, develop cutting-edge solutions, and address complex challenges. Open innovation breaks down traditional boundaries, embracing collective intelligence to create value faster and more efficiently. Unlike closed innovation, which focuses solely on internal R&D, open innovation actively encourages partnerships and knowledge sharing, accelerating innovation cycles by leveraging external expertise and resources.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="20px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Open Innovation Model: Key Features The open innovation model brings together several core principles, distinguishing it from conventional innovation practices: Collaboration: Open innovation thrives on partnerships with customers, suppliers, startups, universities, and even competitors. By working with external stakeholders, companies can benefit from broader...

Read More

[vc_row][vc_column width="2/3"][vc_empty_space height="30px"][vc_column_text] Future Technology Assessments for Industry Series [/vc_column_text][vc_column_text] An Analysis of the Technologies Transforming the Business Landscape [/vc_column_text][vc_empty_space height="10px"][vc_column_text]In much the same way that Gutenberg revolutionized knowledge dissemination employing machine efficiency, today’s technological advancements are triggering a new paradigm shift across industries. Just as the printing press transformed communication and made information accessible at unprecedented levels, emerging technologies are reshaping industries like Consumer Packaged Goods (CPG), Aerospace and Defense, Energy, Life Sciences, Chemicals and Materials. [/vc_column_text][/vc_column][vc_column width="1/3"][vc_single_image image="18209" img_size="full"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="10px"][qodef_separator position="center" color="#e2e2e2" width="100%" thickness="2"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="30px"][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="18109" alignment="right" style="vc_box_shadow_circle"][/vc_column_inner][vc_column_inner width="3/4"][vc_empty_space height="20px"][vc_column_text css=".vc_custom_1727955805851{border-radius: 2px !important;}"]"Understanding which technologies will define the future is not just about predicting trends—it's about positioning your business at the forefront of innovation. As industries evolve, the companies that recognize and adopt these disruptive technologies will not only lead but shape the future of their sectors." - Dr. Dave Jones, Chief Research Officer [/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="10px"][qodef_separator position="center" color="#e2e2e2" width="100%" thickness="2"][/vc_column][/vc_row][vc_row][vc_column width="3/4"][vc_empty_space height="20px"][vc_column_text] What Disruptive...

Read More

[vc_row][vc_column][vc_column_text] Embracing Disruption: How Companies Can Thrive Amid Economic and Geopolitical Uncertainty [/vc_column_text][vc_empty_space][vc_column_text]In today's global business landscape, uncertainty has become the new normal. Economic fluctuations, geopolitical tensions, and technological disruptions are constant challenges that companies must navigate. The upcoming U.S. presidential election adds another layer of complexity, particularly for businesses with international operations or those relying on global supply chains. While it's natural for organizations to be cautious during such periods, history has shown that times of uncertainty can also be catalysts for groundbreaking innovation.[/vc_column_text][vc_empty_space][vc_column_text] How can businesses justify investing in innovation during challenging economic conditions and global instability?  [/vc_column_text][vc_empty_space][vc_text_separator title="The Case for Continued Innovation" border_width="2"][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_empty_space height="52px"][vc_single_image image="18176" img_size="200x200" alignment="center"][/vc_column][vc_column width="3/4"][vc_empty_space][vc_column_text] Competitive Advantage: Companies that continue to innovate during uncertain times often emerge as market leaders when stability returns. By maintaining momentum in research and development, businesses can stay ahead of competitors who may have paused their innovation efforts. Adaptability: External innovation initiatives...

Read More

[vc_row][vc_column][vc_column_text] Prepare for 2025 Innovations Maximize Your Year-End Budget with Technology Discovery Reports [/vc_column_text][vc_empty_space height="5px"][vc_column_text]As we approach the end of 2024, many organizations are faced with the familiar challenge of allocating remaining budget dollars in a way that provides lasting impact. Ezassi’s Technology Discovery Reports offer the perfect opportunity to invest in your organization’s future by identifying key technologies, trends, and innovations that will shape your business in 2025 and beyond. By leveraging our suite of reports before the year closes, you can set a solid foundation for innovation and ensure your year-end budget is put to strategic use.[/vc_column_text][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#e2e2e2" width="100%" thickness="2"][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Why Technology Discovery Reports Are the Smart Investment for Q4 [/vc_column_text][vc_empty_space height="5px"][vc_column_text]Innovation doesn’t happen overnight—it requires insight, planning, and an understanding of the technological landscape. Ezassi’s Technology Discovery Reports provide that critical knowledge, ensuring your organization is well-positioned to act on emerging trends and breakthroughs. Investing in these reports now gives...

Read More

[vc_row][vc_column][vc_column_text]As we move towards the final quarter of 2024, it’s time to start thinking about your innovation budget for 2025. The coming year promises to be a pivotal one, with rapid technological advancements and market shifts requiring a strategic and well-considered approach to R&D investments. Here are eight critical considerations to guide your planning.[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_empty_space height="62px"][qodef_list_ordered] Understand Your Market in the Context of 2025 Trends Align Your R&D Strategy with 2025 Corporate Goals Assess Your R&D Capabilities for the Challenges of 2025 Leverage External Collaboration to Stay Competitive Apply the 80/20 Rule to Balance Risk Plan a Realistic 2025 Budget Explore Global Funding Sources for 2025 Plan for the Future with a 2025 Vision [/qodef_list_ordered][/vc_column][vc_column width="1/2"][tnc-pdf-viewer-link text="8 Essentials Innovation Budget Infographic" file="//ezassi.com/wp-content/uploads/2024/08/Preparing-Your-Innovation-Budget-for-2025-Infographic.pdf"][vc_single_image image="17672" img_size="full" onclick="custom_link" link="//ezassi.com/wp-content/uploads/2024/08/Preparing-Your-Innovation-Budget-for-2025-Infographic.pdf"][/vc_column][/vc_row][vc_row][vc_column width="1/6"][vc_empty_space][vc_single_image image="17678" img_size="full" alignment="right"][vc_empty_space][vc_single_image image="17678" img_size="full" alignment="right"][vc_empty_space][vc_single_image image="17678" img_size="full" alignment="right"][vc_empty_space][vc_single_image image="17678" img_size="full" alignment="right"][vc_empty_space][vc_single_image image="17678" img_size="full" alignment="right"][/vc_column][vc_column width="5/6"][vc_empty_space][vc_column_text el_id="Budget1"]Understand Your Market in the Context of 2025...

Read More

[vc_row][vc_column][vc_empty_space][vc_column_text] How Much Does “Maybe” Cost?  |  Leveraging Innovation Management for Risk Mitigation  [/vc_column_text][vc_empty_space height="42px"][vc_text_separator title="The Cost of “Maybe”" border_width="2"][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_single_image image="17384" img_size="" alignment="center" style="vc_box_outline_circle"][/vc_column][vc_column width="3/4"][vc_empty_space][vc_column_text]Imagine standing at the crossroads of innovation, armed with a bold idea. Your team is ready to take the leap, but the path ahead is unclear and unstructured. Will this great idea flourish or flounder in your current organization? Is there transparency across collaborative departments to move the idea through the pipeline efficiently? The answer lies in the delicate balance of risk and reward and a structured strategy to make that determination.   “Maybe” is the cost of uncertainty—the price paid for daring to disrupt the industry. But how do you manage this risk? [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#f2f2f2" border_style="solid" width="100%" thickness="2"][vc_empty_space][vc_column_text] Innovation Management to Navigate Risk  [/vc_column_text][vc_empty_space][vc_column_text]Use Innovation Management strategies against the paralysis of uncertainty. Here’s how it works:     Structured Exploration: Rather than jumping at every great idea, innovation management encourages a methodical approach. Define...

Read More

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Amplify Your Innovation Program with AI-Driven Technology Discovery [/vc_column_text][vc_column_text]Today's highly competitive business climate is fueled by the ability to innovate and ride the cutting edge of technology. Companies that fail to embrace emerging technologies risk being eclipsed by more agile, proactive competitors. AI-driven technology discovery revolutionizes the way organizations approach innovation management, creating competitive advantage.  Ezassi continuously improves its innovation services through a suite of five AI-enhanced technology discovery reports. By combining the power of artificial intelligence with the expertise of PhD-level research professionals, Ezassi is empowering businesses to foster an innovation culture at unprecedented speeds to make informed decisions and capitalize on opportunities ahead of their competitors. The collaboration of AI and enhanced R&D skills lies at the heart of Ezassi's approach.  [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="42px"][qodef_blockquote text="In today's rapidly evolving marketplace, the ability to identify emerging technologies and capitalize on growth opportunities before competitors is critical. By integrating cutting-edge AI with human innovation...

Read More
innovation day

[vc_row][vc_column][vc_column_text] What is Innovation Day? Innovation Day is a dedicated event within organizations aimed at celebrating creativity, fostering new ideas, and encouraging employees to engage in activities that drive innovation, helping companies stay competitive and forward-thinking.  [/vc_column_text][vc_empty_space height="22px"][vc_column_text] Innovation Day - Challenge the Status Quo & Reach for Innovative Solutions [/vc_column_text][vc_empty_space][vc_column_text]Every year, the world of innovation pushes boundaries and reshapes our lives. The Ezassi Innovation Management Software, Strategy & Services team trusts you’ll identify an organization-wide opportunity to celebrate your advancements and envision the future. Here are some great dates to consider: February 11 A popular celebration of human ingenuity is February 11th, National Inventors Day, which began in 1983 in the United States. It recognizes new inventions and inspires innovators in honor of the anniversary of the birth of Thomas Alva Edison, one of America's most famous and prolific inventors. February 16 A similar commemoration found on many calendars is “Innovation Day,” often set for February 16. This...

Read More
what is innovation management

[vc_row][vc_column][vc_column_text] Navigating Innovation Management: Implement a Scalable Process and Engaging Platform for Enterprise Ideation and Collaboration Creating Open Innovation Solutions [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Regardless of your organization’s innovation portfolio size or scope, every business needs a strategy and competitive advantage for growth and technological advancement. Supporting an innovative culture and adopting an innovation management platform across your company assesses valuable KPIs of the current pipeline and promotes future opportunities through the transformative power of innovation.[/vc_column_text][vc_empty_space][vc_column_text] Defining Innovation Management  The Key Pillars of Innovation Management Tools and Techniques for Innovation: Idea Management, Pipeline Management, and Technology Discovery Software & Innovation Services  The Benefits of Innovation Management [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text] Defining Innovation Management: [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Innovation management is the process of nurturing and guiding the development of new ideas, products, services, or processes within an organization. It’s the strategies, idea stage gate and workflows that move creative ideas, novel technologies, or key market insights through an efficient and transparent pipeline of challenge solvers and...

Read More
intrapreneur ideation

[vc_row][vc_column][vc_column_text] Invest in Intrapreneurs – Innovation Management Supports Your Organization’s Greatest Change Makers [/vc_column_text][vc_empty_space height="10px"][vc_column_text]Intrapreneurs are those important team members with the optimism, intellect, initiative, and discipline to champion bright ideas and drive new project pipelines, establishing innovative change across the business. Does your organization nurture valuable intrapreneurship?  When internal team members are given the freedom to think like entrepreneurs, they become more motivated, creative, and engaged. They are not afraid to challenge the status quo and are driven to find innovative solutions to problems. By fostering intrapreneurship within your organization, you stimulate the development of disruptive ideas and invest in a collaborative work environment. The organization's collective intelligence is multiplied, leading to more innovative outcomes and solutions to your biggest challenges. How does a company encourage an intrapreneurial spirit in employees? By making their employees feel that their ideas are heard and transparent to others, fairly evaluated, and under consideration for future implementation. [/vc_column_text][vc_empty_space][vc_column_text] How...

Read More