Manage the Front End of Innovation
and boost your Return on Innovation!
Innovation is driven by various factors: new and changing customer needs, technological developments, policies and laws, competitor activities and societal change. Cross-industry inspirations, ideas from employees, customers and suppliers, scientific publications, patents, competitor and market insights create a huge amount of data to be monitored, analyzed and managed within the Front End of Innovation.
Those who are able to channel this flood of information and transform it into new products and business models, emerge as winners in the battle for attractive future markets. In practice, these complex relationships can only be managed by the use of sophisticated IT. Many IT providers offer solutions for specific innovation activities, e. g. ideation, with no pragmatic means of linking them to a company's overall strategy. It is therefore no surprise that the return on innovation investment is often low or in worst cases negative.
ITONICS supports the holistic end2end innovation management process, from environmental scanning, trend management, technology & resource management, strategic foresight and ideation to innovation roadmapping.
Disruptive changes happen often and in quick succession with complexity that is almost impossible to comprehend or foresee. Identifying where a particular market is heading, tracking technological progress and how client demands are developing can be a daring endeavour. Our analytical Big Data approach helps clients to spot emerging innovations, analyze technologies and trends and is always ahead of competition.
We help our clients to create a trend management ecosystem - from structure to trend research and trend based growth strategies. Our trend framework includes proven methodology, trend scouting, software tools and the interpretation.
Digitization and the Internet of Things are disrupting industries from the automotive to the financial industry. Our Technology Radar methodology and software helps clients to understand the potential in a technology and to create holistic technology portfolios.
Our methods and software-based approach allow a rapid, collaborative and sustainable creation of future scenarios based on Big Data. We provide individual packages depending on industry and problem to align your strategy to the future.
An intuitive, collaborative, and motivational idea management methodology and toolset can be the crucial factor in the collection, evaluation and selection of potential improvements, concepts and future products. ITONICS integrates the concepts of open innovation, crowdsourcing and design thinking in a unique innovation community approach.
The interlinkage of markets, products, technologies, and resources allows companies to identify inconsistencies and gaps in the technology and product development and to incorporate new requirements into the innovation process at an early stage.