Characteristics of Future Innovations

Characteristics of Future Innovations

In the near-future, innovative products will specialize in five unique characteristics: mobility, adaptiveness, simplicity, specificity, and ideality. For mobility, products will cater to the mobile lifestyle and use big data to predict consumer behaviors. The adaptiveness of products will make them smart as they change to accommodate consumer needs. Simplicity is key to attracting consumers and products that use the Division and Subtraction innovation templates can be the most successful. Market-specific products will see success due to their specificity to a closed-world problem. Lastly, products with ideality solve consumer problems instantly, appearing only when the problem arises. Examples of these products include software used to identify disease outbreaks, specialized bikes designed to fold for easy transportation, systems to monitor driver drowsiness, and the use of augmented reality to improve dressing room experiences.