By using this site, you agree to the IDC Privacy Policy

TECH SUPPLIER Feb 2019 - Market Presentation - Doc # US44796719

IDC Market Glance: Collaborative Innovation, 1Q19

By: Jeffrey HojloProgram Director, Product Innovation Strategies

On-line Presentation

Abstract

This IDC Market Glance provides a glance at the collaborative innovation market landscape. As innovation is a team sport that requires a cross-discipline team (internal and external) working across multiple business processes and systems, the "collaborative innovation" market encompasses a wide range of technology and service providers. Innovation does not mean only ideation, design, and new products and services; innovation takes place in design, R&D, and engineering certainly but also in manufacturing, supply chain, sales, marketing, and services. There are multiple tools and platforms that need to be in place to enable innovation to happen across an organization, from ideation, design, and development to manufacturing, delivery, and optimization of products and services. With that as a backdrop, our definition of collaborative innovation consists of the following segments:

  • Early-stage development, including ideation, product planning, product portfolio management (PPM), and digital innovation marketplaces — a new segment that is evolving rapidly as manufacturers begin to take a service-oriented approach to collaborative innovation
  • Design and virtualization, including virtual design, simulation, and formulation; software development; and augmented reality (AR) and virtual reality (VR)
  • Product innovation platforms, including those from PLM and ERP providers
  • Service providers, which provide design thinking and strategic consulting, as well as R&D and engineering services
  • Commercialization, including product information management (PIM) and team collaboration web platforms
  • Social communities, including social media, crowdfunding, and crowdsourcing

In IDC's 2017 Product and Service Innovation Survey, manufacturers were asked what their business priorities would be in the next three to four years. The top 3 answers are improving sales and revenue generation, expanding to new markets, and improving the speed and success rate of product innovation. This will be challenging to achieve; however, there are multiple tools, technologies, and platforms available that can help manufacturers expand the scope of innovation and achieve these goals, as outlined in this market snapshot on collaborative innovation.


Coverage

Subscriptions Covered

IDC Manufacturing Insights: Product Innovation Strategies


Companies Covered

Bamboo Rose LLC, Atos S.A., Patexia Inc., Tech Mahindra Limited, ESI Group SA, TIBCO Software Inc., Odoo SA, Planview, Inc., GitLab B.V., Google Inc., Inspirage LLC, inRiver AB, Mentor Graphics Corporation, Atlassian Pty Ltd., Workpoint LLC, Geometric Limited, Microsoft Corporation, HYPE Softwaretechnik GmbH, PropelPLM, Inc., Altium Ltd., Sina Corporation, Informatica Corporation, Radius Innovation & Development, Facebook, Inc., DXC Technology Co., GoFundMe Inc., LinkedIn Corporation, IdeaWake, Sopheon PLC, Plex GmbH, SAP SE, Skype Inc., Cadence Design Systems, Inc., Innosight Holdings LLC, IFS AB, HeroX, Aras Corp., HCL, HP Inc., ON24 Inc., Twitter, Inc., Imaginatik plc, GIT Holdings, IDEO LP, Selerant, Liaison Technologies Inc., Indiegogo Inc., Dassault Systemes SE, YouTube Inc., Lectra SA, Adobe Systems Inc., frog design Inc., MSC.Software Corp., Luminary Labs LLC, IBM, Arena Solutions, Inc., ProdPad, Serena Software, Inc., Strategyn, LLC, Epicor Software Corporation, Qmarkets, Synopsys, Inc., Wipro Limited, Cognizant Technology Solutions Corporation, Common Pool, Agilo Software, GmbH, Hexagon AB, Infor, Inc., IQMS, NetSuite Inc., Linden Research Inc, LeverX Int., OpenText Corporation, Oracle Corporation, Accenture plc, InnovationLabs LLC, WhatsApp Inc., OVO ID, ANSYS Inc., Tencent Holdings Limited, Kalypso LP, Cisco Systems, Inc., Stack Exchange, Inc., PTC, Inc., NEO PLM, INC., Crowd Supply Inc., Infosys Limited, Deloitte LLP, Tongal Inc., GitHub Inc., Kickstarter, Inc., JetBrains s.r.o., Salesforce.com, Inc., Slack Technologies, Inc., Patreon, Inc., Riversand Technologies, Inc., IDEO Inc., Capgemini Services SAS, Viima Solutions Oy, Centric Software, Inc., Zuken Inc., WeChat, Diota, Stibo A/S, Gerber Technology LLC, IdeaConnection Ltd., Tata Consultancy Services Limited, InnoCentive, Inc., Kaggle, Inc., Aha! Labs Inc., ProductPlan LLC, Altair Engineering Inc., Appirio Inc., Baidu, Inc., L&T Technology Services Ltd., Siemens AG, Autodesk, Inc., Brightidea, Inc., QAD Inc., Trello Inc.


Regions Covered

Worldwide


Topics Covered

Augmented and virtual reality, Collaborative applications, Engineering applications, Enterprise resource management applications, IT consulting services, Project and portfolio management, Social networking


Content
  • 6 slides


Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.



Related Links

Do you have questions about this document
or available subscriptions?

Contact Us