By Frederick Bravey, business development manager, SVV
Innovation is adapting faster with no signs of slowing down. In this fast-paced environment, innovation is in need of better platforms to support its growth. Corporations today are facing extensive challenges in getting new innovative ideas to market.
According to Harvard Business School professor Clayton Christensen, there are over 30,000 new products introduced every year, and 95 percent fail, resulting in huge amounts of time wasted on failed concepts.
However, corporations are now looking toward new ways to greatly reduce their lead time as well as expanding their horizons beyond their current business models. [Read more…] about Opinion: Innovation is in need of better platforms to support its growth