ITONICS has been mentioned for the third time in a row in the recently published 2023 Gartner Hype Cycle for Innovation Practices.
According to Gartner: "Innovation is critical to navigating volatility and uncertainty. Executive leaders should study this Hype Cycle to understand the trends in practices that can help organize and execute innovation to maximize the value and impact of their innovation programs across the organization."
Key areas of executing the innovation process
- Organizing for Innovation: Chief innovation officer, corporate incubators, company builder, innovation centers of excellence, innovation ecosystems, (virtual) innovation labs, open innovation, (adaptive) innovation governance, innovation IP management
Improving the Innovation
Process and Culture: AI-driven innovation, effectuation, innovation culture hacks, innovation training, inclusive innovation
Strategy and Opportunity Identification: Data-driven innovation, continuous foresight, trendspotting, technology trend radars, business model frameworks, scenario planning, speculative design, moonshot thinking, microinnovations
Idea Generation: Idea management tools, hackathons, idea challenges, innovation workshops, LEGO Serious Play
Evaluation and Experimentation: Lean startup, design thinking, design sprints, pretotyping, visual collaboration applications
ITONICS as sample vendor in 3 categories
In this vast innovation landscape, ITONICS shines through, supporting global giants such as adidas, Intel, Johnson & Johnson, and KPMG with their holistic innovation management software. The platform is designed to proficiently identify emerging trends, technologies, and market opportunities, and then adeptly translate them into robust growth strategies.
ITONICS has been named as a Sample Vendor in three areas within the Hype Cycle: Continuous Foresight, Trendspotting, and Technology Trend Radars.
As per Gartner, "Continuous foresight leverages the best practices of strategic/corporate foresight and futurism to continuously assess and evaluate business models and strategies, and determine how to adjust either or both to create future success". Continuous foresight prioritizes ongoing, collaborative efforts to spot and analyze external change and disruptions, proving essential for agile strategy formulation in volatile settings. Explore how ITONICS is pioneering data-driven foresight.
Trendspotting involves the identification and assessment of trends with potential organizational impact. Trends, which embody external forces like technological or social shifts, reflect market dynamics largely steered by evolving consumer behaviors and needs. ITONICS stands at the forefront, enabling businesses to adeptly scout for these weak signals and decode shifting consumer landscapes. Delve into how ITONICS is revolutionizing trendspotting.
Technology Trend Radars
Gartner states, "A technology trend radar is a custom visualization that shows when technology trends are expected to impact and potentially disrupt the enterprise". Such radars empower enterprises to foresee future implications, prioritize initiatives, and break down informational silos. Explore the ITONICS' Trend and Technology Radars and learn how to craft your personalized radar.
Gartner, Hype Cycle for Innovation Practices, 2023, Peter Skyttegaard, David Cearley, Tsuneo Fujiwara, Gunjita Mundeja, Christian Stephan, 24 July 2023
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ITONICS provides the #1 Innovation Operating System (OS) for organizations seeking to operationalize innovation and drive growth systematically. Unlike traditional innovation management software, the ITONICS Innovation OS seamlessly connects foresight, ideation, and portfolio activities with your strategic goals in one collaborative system. Centralize your innovation intelligence, break down information silos, align efforts, and steer decision-making to move from strategy to execution with speed and agility.
See the ITONICS Innovation OS in action