Innovation Development & Execution As Service
Consciously developing a groundbreaking innovative within a time frame and a budget.
Innovation as a Service background
Being innovative is a necessity for all businesses, from all industries in all societies. However, today it is challenging to implement innovation teams in the respective organization, given business objectives such as productivity, employee utilization levels, and profitability goals.
There is a perceived need to get innovation done outside the corporation. Companies acquire startups or collaborate with educational institutes to get ideas and inspiration. In most companies, the need to create an internal organization is overshadowed by the question: “How would such an organization be established, managed, and what is success?
BlueCallom introduces IDEAS (Innovation Development & Execution As’a Service) to help businesses get started with their innovation projects outside their day-to-day work. The company can pull the entire process or parts of the process inside their organization later.
The BlueCallom team offers the service at different levels and different price ranges. This customer can choose to let the BlueCallom team conduct and manage the entire project, or select to have a mix of BlueCallom and client teams collaborate, or by the client’s teams with guidance by BlueCallom innovation experts. Pricing depends on resources and innovation project objectives.
BlueCallom IDEAS Programs
|Who is it for||Duration||Expected outcome||Certificate|
|Corporations in need of genuine innovation*||6 month to 3 years||Groundbreaking innovation delivered and successfully launched||IDEAS Certificate|
|Team size||Prerequisite||Fees||Delivery mode|
|0 to 25||Innovation Readiness Check||Depending on scope|| Digital
* genuine innovation is a groundbreaking, usually disruptive, innovation. It changes the way people do things. It is not an improvement of an existing solution.
BlueCallom offers the service in different, independent blocks that can be ordered separately. Only Block 1 Is mandatory for an engagement.
BLOCK 1 – Innovation Readiness Analysis
Our team of experts will make an innovation readiness analysis including an innovation strategy for the next six years.
BLOCK 2 – Ideation and Financing
A team of 7 innovation experts will work three months from innovation opportunity discover (starting with nothing) to ideation, developing a disruptive solution, market validation, and solution financing.
BLOCK 3 – MVP Building and Market Preparation
The following six months will include prototyping, building the first minimum viable product (MVP), and conducting the market introduction.
BLOCK 4 – Innovation Production & Market Entry
Production line development depending on the product type i.e., Hardware, Drugs or clinical equipment, physics research, software, services, organizational innovation, and other innovation types. At the same time, market-entry, developing advocacy and analyzing feedback for marketing and sales.
BLOCK 5 – Scaling
24-month sales and rapid growth development with an exponential growth rate in the respective country. Then going global, with continuous exponential growth for another 36 months.
1) After each block, a review process will determine how to continue.
2) Block 3 may have different timelines based on the product and research needs for prototyping.
3) Block 4 may have different timelines and resource needs based on the complexity of the product, i.e., Mars Inhabitation Solutions, versus a Smartphone innovation or an innovative service.
The service is facilitated online as the experts BlueCallom is using may be distributed around the world.
Data and Access
Backend Technology Advantage
The entire innovation process, the accumulated data, summarizations, performance data, and dashboard report data, resides in BlueCallom DEEP, a cloud-based innovation management platform. Every single piece of information is stored there. In addition, a comprehensive KPI framework and reporting system can visualize progress, failure, and successes.
Clients have real-time access to the system. After the project was completed, the client can download all data in PDF form for easy handling. Alternatively, clients can acquire a license to continue working with the platform.