Digital Platform

A digital platform is an online framework that enables the creation, exchange, and management of value between users and providers.

More Innovation Glossaries

Capital Projects & Infrastructure

Capital Projects & Infrastructure refers to large-scale investments in physical assets like buildings, networks, and facilities.

Innovator

Innovator: An individual or entity that introduces new ideas, products, or methods to drive progress and create value.

Trial and Error

Have you heard of this concept called “Trial and Error”? It involves researching, testing, and then retrying something until you find the solution you are looking for.

Top Digital Platform Resources

How Disruption Affects Firms

The legal industry is being disrupted by technology and innovation, with clients and employees demanding more efficient access to legal services.

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Coping with Digital Transformation: Adopting a Rapid Innovation Process

The innovation process needs to be redesigned and digital transformation should drive the rapid innovation application process.

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How Siemens Energy Accelerates Digitalization & Innovation With ITONICS

Siemens Energy has joined forces with ITONICS to launch a digital ecosystem to advance innovation, cybersecurity and digital transformation.

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Kissing Frogs and Picking Horses

Innovation culture can be created in various ways, but it's essential to recognize the constraints that larger, established businesses have while approaching innovation.

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Professional services: Ch-ch-ch-ch-changes

Technology evolution and client demands are disrupting traditional professional services, and PSOs must be ready to adapt to new delivery methods and supplier-client relationships.

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The Unexpected Impact of Modern Innovations

Innovation in information technology can be catastrophic and cause more damage than climate change and armaments combined.

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The Future Belongs To Platforms, Not Products

Changing platforms require us to alter our assumptions about how the world works. The new capabilities- digital disruption, blockchain, and social media demand our attention.

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Understanding Disruptive Innovation

Disruptive innovation is a complex process that involves three critical phases: emergence, niche market, and mainstream market. Companies must learn to manage this process, especially from the entrant's and the incumbent's perspectives.

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Uncovering digital transformation strategy: Made easy

Creating a digital transformation strategy can be complex but is necessary for success. This article provides a step-by-step guide for creating a strategy that aligns with business goals and ensures progress.

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Data Science is Essential for 21st Century Innovation: Here’s Why

Data science is a critical component of innovation in the 21st century, with statisticians in high demand across many different organizations.

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Digital Innovation Strategy: Definition, Importance & Considerations

Designing a digital innovation strategy is a top priority for companies. Here are three key factors to consider when creating a successful strategy.

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Digital Innovations to Help Transform Your Company

Digital innovation is transforming not only individual organizations but entire industries and markets. This article highlights the top digital innovations and their potential impact on businesses.

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Digital Factory of the Incumbent: Software of the Mind

Digital innovation in the retail industry is shaped by the polysemic nature of customer value, where the management of customer motivations, corporate digital mode, and technological standards are crucial for success.

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Digital Transformation and Its Impact on New-Product Management for Manufacturers

Digital transformation is changing the landscape of new product development for manufacturers by focusing on smart products with embedded software and the adoption of Agile-Stage-Gate methodologies for a more agile approach.

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Disrupt the Tired Brand Strategy Script for Failing Companies

FTD, the century-plus old flower delivery brand, filed for chapter 11 bankruptcy protection this week after buying a rival start-up with a different business model than theirs. This is a common brand strategy that fails every time.

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Digital Transformation versus Digital Strategy

Companies must embrace digital transformation to keep up with customer, partner, and supplier expectations or risk losing their entire business to digital natives with advanced digital strategies.

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Marketers Need to Start Preparing for the End of the Digital Age and the New Era of Innovation

Marketers need to prepare for the post-digital era, characterized by computing architectures like quantum computers and neuromorphic chips, AI as the new UI, and blockchain as the new database.

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The single biggest reason why startups succeed

Timing is the single biggest reason for startup success, according to Bill Gross, founder of Idealab. This is due to the Triangle of Innovation Success which requires a good idea, a capable team, a sustainable business model, and appropriate timing.

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What Is a Pure-Play PSA Solution and Is It Right for My Services Organization?

Professional services automation (PSA) solutions are becoming more popular with the market expected to reach $16 billion by 2025. There are three types of PSA software: project-focused, enterprise-focused, and pure-play PSA software.

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What is Digital Transformation?

Digital transformation is necessary for innovation, but what does it truly mean? We need to define transformation, address its different categories, and aim for a dual transformation.

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What is Disruptive Digital?

Disruptive Digital is a phenomenon that occurs when new technologies and digital systems affect or alter an enterprise's business model.

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What Michael Jordan Can Teach Us About Big Data, Strategy and Innovation

Big data can help predict the future of innovations, whether in sports, market opportunities or employees. It provides real-time updates and reduces cognitive biases.

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How innovation impacts work: Technology as game-changer and life-changer

Technological advancements will result in the disappearance of certain jobs, the creation of new jobs, and the transformation of all jobs.

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How to achieve disruptive innovation?

Disruptive innovation is key to success in business, and collaborating with startups can help established companies achieve it.

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Innovating Every Day

Innovation is essential to stay ahead in today's rapidly evolving world. To be truly innovative, you must challenge conventional thinking, create new products and ideas, and try different approaches to challenges. Key actions you can take include examining your assumptions, asking the right questions, considering different perspectives, staging your vision, and connecting the dots in new ways.

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Overcome Hurdles to Maximize Business Value

Ventana Research discusses how work and resource management can help organizations overcome hurdles and maximize business value.

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Top 10 Latest Technological Innovation - MITID Innovation

Technological innovation is crucial for the growth of any organization. Here are the top ten technological innovations that businesses can adopt to maximize their potential.

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Four Questions on the State of Technology for Professional Services

The professional services industry is growing rapidly, but also facing challenges such as talent retention and project profitability. Services Resource Planning software is a purpose-built solution that can help project-driven organizations operate more efficiently.

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Is your Organization Prepared For These Top Digital Transformation Trends in 2020?

Discover the top digital transformation trends for 2020, including investments in analytics, 5G network deployment, faster Wi-Fi, increased digital privacy, XaaS, blockchain beyond cryptocurrency, robotic process automation, and expanding public cloud options.

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Self-Imposed Expectations: A Tough Nut to Crack

Don't let self-imposed expectations ruin the enjoyment of life. Clarify and manage expectations to enjoy the show of life.

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Reinventing the Newspaper

Newspapers are struggling to survive as their traditional business model is failing. However, innovation in printing, distribution, and journalism can pave the way for a new era of custom-tailored and effective news.

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Reinvention: Accelerating Results in the Age of Disruption

Leaders can prepare their organizations to face disruption and radical change with a simple formula, common principles, and set of tools, say Shane Cragun and Kate Sweetman in their book Reinvention: Accelerating Results in the Age of Disruption.

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The transforming tide in digital for innovation.

To stay competitive in the digital age, organizations need to transform themselves completely. Capgemini Consulting argues that being absolutely clear on the transformation, having a well-thought-through roadmap towards the transformation and its drivers, will achieve this.

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Business Trends

The new decade will witness a major transformation in markets due to digitalization and business innovation. Read on to know about the most significant business trends that will shape the economy until 2025.

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Innovation vs. Invention: Will Innovation Beat Invention?

Innovation and invention are often used interchangeably, but they are different. In this article, we explore the difference between them and why innovation is more important for businesses.

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Learn to Gain a New Perspective

Learn to Gain a New Perspective

Zooming in and out of your perspective in marketing can help you gain new insights and create a successful marketing campaign.

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The Holiday Hangover

The Holiday Hangover

Project status reports are useful in tracking the health of work, but it's important to remember that there is more to it than pretty colors. Here are some reminders about each health color.

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The importance of transformative business models for innovation: How to create one and why

The importance of transformative business models for innovation: How to create one and why

Transformative business models are crucial for innovation, and creating one can benefit an organization in terms of competitive advantage, higher returns, brand recognition, increased growth, and better productivity.

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Googled: The End of the World As We Know It

Googled: The End of the World As We Know It

The fullest account yet of the rise of one of the most profitable, most powerful, and oddest businesses the world has ever seen.

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Leading Digital: Turning Technology into Business Transformation

Leading Digital: Turning Technology into Business Transformation

Become a Digital Master - No Matter What Business You’re In

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The Digital Transformation Playbook

The Digital Transformation Playbook

Every business begun before the Internet now faces the same challenge: How to transform to compete in a digital economy? Rethink your business for the digital age.

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The Innovation Ultimatum: How six strategic technologies will reshape every business in the 2020s

The Innovation Ultimatum: How six strategic technologies will reshape every business in the 2020s

An accessible guide to the key technologies that will reshape business in the coming decade

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Tools for better thinking

Tools for better thinking

Collection of thinking tools & frameworks to help you solve problems, make decisions and understand systems. Work smart, not hard!

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R/GA

R/GA

Emphasizing on the importance of business transformation, product/service innovation, and breakthrough communications.

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Digital Innovation Playbook: Templates

Digital Innovation Playbook: Templates

Here you can find all the templates from the Digital Innovation Playbook.

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Preparing for the space innovations of today and tomorrow

Preparing for the space innovations of today and tomorrow

An overview and brief guide on how to maximize your advantage in space innovation.

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