Innovation is the by-word of the times we live in. Industries are being disrupted like never before, and completely new industries and business segments are forming while old ones crumble and fall away. Long-established businesses are struggling feverishly to find a place of re-invention while being attacked by disrupters on all sides.
CW Applied Technology came into existence to be a true innovation partner. Being your innovation partner as well as your manufacturing partner is another defining difference in what makes CW Applied Technology truly supportive.
The task of introducing new products is time-consuming and costly. We can help you create your product more quickly, manufacture it more efficiently and deliver on time. We have vast experience in innovation and have learned a lot over the years on the type of help you need to bring your concept through to reality.
We know that creating a new product is often as much art as much as it is science. We focus on what the product does not what it is. In other words, particularly in product development, the application is so much more important that what the product is. It must satisfy the application requirements.
“The largest obstacles will be weak imaginations, threatened interests and culture. Business model innovation is the new essential competency. It will separate the winners from the losers” – this quote, from Geoff Colvin, is painted onto the wall in our creative space, to serve as a reminder to our team – we believe this statement is completely true. The scale and speed at which innovative business models are launching today and transforming long-established industries is unprecedented. We can help to ‘flesh’ out your business model and begin to develop a more rounded vision of the future steps required.
We introduced the Ideation concept at the end of 2015, and it’s gone from strength to strength since. Our hosted and facilitated ideation sessions help you to figure out both feasibility and product requirements. The sessions are routinely used to brainstorm new product concepts or product ideas, suitable business models etc. The kick-off Ideation session is usually held on a Saturday morning, from 10-12pm. We invite into our creative space at our site in Shannon the entrepreneur / start-up company, who take 1 minute to explain to a panel of 12 invited guests what it is they want to bring to market. After that minute, our facilitator will ask them a series of questions aimed at clearly setting out what their current difficulty is and what they want to achieve from the session. The facilitator then sets out how she proposes to run the session and organises the team of 12 into sub groups to review the issues etc. We (CW Applied Technology, the invited participants and the entrepreneur(s)) have found this process to be extremely powerful. Sessions are repeated as we move through the development phase, helping to shape all manner of key components of both the product and business model and associated requirements.
For more information or a free consultation