Innovation and the endeavor to bring new products to market is a critical success factor for a company. Innovation requires a culture that nourishes creative ideas, a process that enables raw ideas to grow to full-fledged products or processes, strong collaboration that is increasingly global, and protection of intellectual property.
New development can be costly and to remain competitive, a company must align innovation strategy with the business and have complete visibility on costs and milestones. Maintaining such visibility is more challenging when innovation stretches across the organization, business partners and customers. Process manufacturers need secure intuitive technologies. These solutions should integrate with other applications, and seamlessly aggregate data from disparate sources into accessible formats. They should be familiar and easy-to-use so that global team members can manage and share information effectively. For more information download the Innovation Management data sheet.