For a business, innovation is a strategic imperative. Technical innovation creates product differentiation, which, when combined with related process innovations, leads to lower costs, improved quality, faster time to market and higher market share.
In addition to NPI, innovation drives new ways of making, delivering, using and maintaining products and services ranging from everyday items to complex industrial machines, buildings, and support services. However, innovation causes change, and change can be a source of cost, complexity, uncertainty and delay.
IT provides the essential capability, communication and control to drive efficiency in innovation and simultaneously minimize any negative impact of change.
The insights and inspiration that deliver the biggest innovative breakthroughs come from people, but it is IT that enables, for example:
• More design options to be explored
• Collaboration across disciplines and geographies
• Secured access to the right versions of consistent datasets
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