Think of Innovation as a Service as working in an agile “Startup Mode” – but without being or buying a startup. By doing so, you give your employees and your customers the best of both worlds – the freedom to break down barriers and think outside the box, but in a stable environment that’s supported by ITMAGINATION’s proven processes and experience.
Innovation
as a Service
Marcin Dąbrowski
Chief Innovation Officer
Innovation is a creative idea developed into an even greater products, services or processes to make a meaningful impact in the market or society.
Invite ITMAGINATION's Innovation as a Service to your company to help you generate ideas, transform them into actual working products and accelerate your business.
Large institutions are conservative by nature.
They tend to:
- Maintain a strong focus on stability
- Engage in predictable patterns of business
- Require that their employees believe in and follow a strict set of rules for running the business
- Aim for a stabilized IT environment
Meanwhile, innovations:
- Are all about disruption and out-of-the-box thinking
- Challenge and negate current business models
- Are delivered by agile, interdisciplinary teams with one strategic goal
- Focus on the rapid product development and short time to market
In ITMAGINATION’s Innovation as a Service model we will guide you through 4 steps process that draws from Design Thinking methodology:
1. Innovation Strategy
- ITMAGINATION’s consultants will help to identify and measure your strategic goal, which is the root cause for an innovation in your company.
- Below you can find examples of real life measurable strategic innovation goals:
- Generate additional 10 million USD in the first year in sales from new digital channels.
- Increase prepaid transactions by 50%.
- Decrease customer acquisition cost by 20%.
- Generate 10% of the revenue coming from recurring subscription models in the first year.
2. Innovation Discovery
- Aims to brainstorm to generate and validate multiple ideas and business models with highest probability of meeting particular innovation strategic goal within shortest time and budget.
- ITMAGINATION’s consultants will facilitate such brainstorm meetings. Their cross-industry expertise, focus on new trends and great understanding of possibilities of modern technology will be a vital input you and your team.
- ITMAGINATION will build PoC (Proof of Concept) for the most promising ideas so they can be tested in terms of feasibility to achieve the desired goals. PoC is the best way to learn from it and even if fail, do it at minimum cost.
3. Innovation Roadmap
- ITMAGINATION will help you to identify what innovations will have biggest impact and what innovations you really need.
- ITMAGINATION’s consultants will prepare roadmap for innovations scope, schedule and budget and how to successfully measure innovation.
4. Innovation Factory
- Focused on building parallel MVPs (Minimum Viable Product) to shorten the time-to-market.
- ITMAGINATION agile software development teams are ready to start rapid development on the actual product within days.
- ITMAGINATION solution architects will advise on toolset and technologies that give best results and rapid growth of the product.
- We will work with you to ensure best value for money (ROI) when designing requirements, user experience (UX) and planning product releases.
- Agile methodology of product development will give ease of adaptation to changing requirements and ensure that regular progress is noticeable after each sprint.
Contact us to discuss how innovation can improve your business.
