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Peter Andrews [email protected] (Open) Innovation in a Knowledge Economy

Peter Andrews [email protected] (Open) Innovation in a Knowledge Economy

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Page 1: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

Peter [email protected]

(Open) Innovation in a Knowledge Economy

Page 2: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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First-of-a-Kind (FOAK) Program

Experimental technology-based solutions engagements

Testing IBM Research innovations on client business problems

One year, clear commitments

From Mary Jo Frederich IBM Corp

Page 3: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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Data Center Thermal Mapping•Determines optimal space & energy usage

•10% overall data center power saved•Global Technology Services and Systems & Technology Group

offerings•Employed in IBM data centers

Project Examples

High Performance Stream Processing Platform• New paradigm for financial services processing

• Ingests financial market data at 21 today's rates • Software Group System S offering (InfoSphere)

• Broad applicability government, healthcare, etc.

Model Driven Business Transformation for Retail•Automated forecast planning process•Estimated 20% productivity increase

•Business Entity Lifecycle Analysis tool for Global Business Services

•Leveraged in IBM IT Delivery offerings

From Mary Jo Frederich IBM Corp

... and 100s of others

Page 4: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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How FOAK Works

SolutionOwner

SolutionOwner

Portfolio Mgr

SolutionOwner

SolutionOwner

FOAK Board

Solution Boards

Proposal Sponsorship & Submission

Monitoring & Tracking

•Research (3)•Sales &Distribution (3)

•GBS (1)•GTS (1)•SWG (1)•STG (1)

•Corporate Strategy (1)

Research Relationship

Manager

Research Labs

Ideas

Industry Sales Teams

Ideas

From Mary Jo Frederich IBM Corp

Page 5: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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Deliverables The know-how to improve a

business process or solve a problem

Software components, methodologies and tools

Positive press

From Mary Jo Frederich IBM Corp

Page 6: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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The FOAK Experience

Page 7: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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Key Lessons from FOAK

Ensure all have “skin in the game”

Set expectations early and clearly

Engage commercialization owners early and keep them engaged

Balance process with creativity

Manage exceptions to maintain program integrity

From Mary Jo Frederich IBM Corp

Page 8: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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Innovation Discovery Approaches

Choose “full partner” clients

Create the right experience

Do the pre-work

Get the right participants

Spice with subject matter experts

Don’t be perfect

Page 9: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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The Future: Toward More Open Innovation

Talent attacks opportunity (Hollywood model), if...

Richness of Interactions

Credentialing and Authenticity

Fairness

Page 10: Peter Andrews forgingthefuture@gmail.com (Open) Innovation in a Knowledge Economy

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Want to Find Out More? Innovation Passport: The IBM First-of-

a-Kind Journey From Research to Reality

FOAK Web Site

http://www.ibm.com/research/FOAK

Peter Andrews [email protected]

Innovation Passport Blog

http://innovationpassport.blogspot.com/

Save 35% and Free US

Shipping

www.ibmpressbooks.com

Coupon Code:

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From Mary Jo Frederich IBM Corp