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.

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More Innovation Resources:

Lean Innovation – How to do product development in a lean and efficient way

Learn how to keep your product development process efficient and goal-oriented by dividing it into 5 phases: Ideation, Proof of Concept, Rapid Prototyping, MVP, and Product Rollout.

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Innovation tools and techniques for business growth

Innovation is crucial for business growth, and there are different tools and techniques developed to facilitate the process. These tools can be categorized into six categories: brainstorming, idea management, innovation management, decision-making, knowledge sharing, and collaboration software.

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How to trigger valuable discussions in collaborative innovation?

How to trigger valuable discussions in collaborative innovation?

Collaboration through discussion is an essential feature of modern innovation platforms. Good comments provide information that supplements the idea and increases its maturity, while less useful comments clutter discussion threads.

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