Innovation is a continual process that requires on-going monitoring, testing, and leadership to minimise risks and optimise outcomes.
The Innovolation Framework™ is an agile Research and Development outsourced innovation methodology designed by Innovolo to help organisations to leverage market gaps in their current product or service offering. The process is an overall packaged innovation management offering, and you may wish to carry out some steps yourselves.
With Innovation-as-a-Service, you bring in an external innovation team that is exactly tailored to your needs.
In this different world, your organisation must make innovation your daily business to remain meaningful. With your external innovation team, you always have a sounding board at your disposal, and you develop the necessary mindset and skills to adapt to the ‘new normal’.
In this way, you can really focus on projects that would otherwise drown in operations and involve your entire staff in innovation. With Innovation-as-a-Service, you simply pay a fixed amount per month so you always know where you stand.
Who we can help
Our services are centered around getting a product from idea to market but at the end of the day, we know the concerns of you and your business may be different.
For example, if you are involved in quality control your interests will lie more firmly in the area of tools to help with production whereas if you are heavily involved in the finance side of the business then cost reduction techniques will be of particular interest to you.
To make life easier we’ve set out the core areas where you may want to look first if you’re involved in a certain area of the business.
You’ve put your heart and soul into building a business. The longevity, reputation, and ongoing relevance of your company is vitally important. You probably have far more ideas than it’s possible to deliver and might not be the expert on every area that they involve. This can lead to chaos, busy work, and disappointment at missed opportunities.
Having a clear product roadmap for new products and incorporating new technology where relevant puts the control back in your hands. Having a tangible plan to work from brings focus and momentum. You will be able to see what is possible with your current resource and identify if additional skills or capacity is needed to achieve the plan. Time is money after all.
The plan should also look at your current product portfolio. Are there products that could be value-engineered to improve margins? Which products are beginning to be impacted by component obsolescence issues and need to be factored in to avoid interruptions in supply? With this information clearly at hand, you can then make the key decisions on which projects are key for the next 12-24 months of your business.
Partnering with world-renowned business coaches, Innovolo can offer you solid experience in business model design and strategy to take your business to the next level.
With our Innovation-as-a-Service, you bring in an external innovation team that is exactly tailored to your needs for a low monthly cost. In this different world, your organisation must make innovation your daily business to remain meaningful. With your external innovation team, you always have a sounding board at your disposal, and you develop the necessary mindset and skills to adapt to the ‘new normal’.
In this way, you can really focus on projects that would otherwise drown in operations and involve your entire staff in innovation. With Innovation-as-a-Service, you simply pay a fixed amount per month, so you always know where you stand.
- Unlimited Projects
Submit and queue up as many product development or innovation projects as you want on our platform.
- Vetted Talent
Matched with top engineers, scientists, and business strategists capable of taking on any projects you request.
- Fast Turnaround
Just check out our case studies. Like how we reduced an 8-month project down to just 6 weeks!
- Real Human Support
You’ll always be able to talk to us. No bots, no automated answering machines. Just good down-to-earth people.
- Invite Your Team
Let Innovolo help you draw out the very best ideas from your people.
- No Hidden Costs
No hourly costs. No surprise fees. Just one flat monthly rate for all your innovation, R&D, and product development needs. We’ll always advise you if any materials are needed (i.e. for prototyping) or professional fees (like patent attorneys).
Unlimited Innovation Services
Unlimited Innovation-as-a-Service Monthly Gold Plan£2,995.00 ex VAT / month and a £2,021.00 sign-up fee Sign up now
Unlimited Innovation Services
Unlimited Innovation-as-a-Service Monthly Platinum Plan£2,995.00 ex VAT / month and a £2,021.00 sign-up fee Sign up now
Unlimited Innovation Services
Unlimited Innovation-as-a-Service Monthly Silver Plan£1,695.00 ex VAT / month and a £2,021.00 sign-up fee Sign up now
Most frequent questions and answers
Missed a product launch date? Get back on track fast with one or more of our engineers to bolster your team. Our Bulk Hours option may be best for you if this is just a short-term problem.
Great ideas can only translate into a successful business if people are willing to pay for the product or service.
First, you need to identify who the target market is for your product. Are you planning to sell to young people or seniors? Is your product primarily for women, men or both? Are you going to sell to individuals, other businesses or to the government? What income level would people need to have to be able to afford your product or service?
Once you know who you are going to sell to, you should consider doing some market research to find out if your target market would be interested in buying your product or service, and how much they would be willing to pay for it.
If your product or service is something people would be interested in, but not willing to pay for, you can consider alternative business models. Some businesses, in particular in the service industries, offer their service for free or at a low price, but are able to make money through other avenues, such as advertising.
Innovolo can help you create a go-to-market plan right from the initial conception of the product right through to the product landing on the supermarket shelves.
Our technical term for this is “Value Engineering”, but our engineers can review your designs and components to see where savings can be made.
No problem. Why don’t you use one of our engineers as an independent sounding board before conducting a more thorough feasibility study?
Are you missing documentation? Our engineers can produce product specifications and update schematics.
Are you recruiting? If you are struggling to find the perfect addition to your team, use one of ours until you make that hire.
You never know – you may well like working with us so much you’ll not need to recruit those new staff…