Bridging Business and Technology Gap through Innovation
|To stay competitive today, organizations must seamlessly scale to offer rich user experiences based on deep insights into the fluctuating demands of the market. We at IDS Logic, a leading software development agency create digital solutions to optimize operations, boost revenues and reduce the overall business cost. Being one of the top outsourcing companies in India, our expert perspective on latest technologies and tools help business owners to rethink the transformation as a key to success.|
Our IT outsourcing Company helps to reinvent and manage your business models, products and essential processes with new methods of working to drive value. We strongly believe that the IT infrastructure and applications are the backbone of your business and so we develop highly customized digital solutions for better business outcomes. We help you connect people with better experiences, latest things and insights.
What Is Lean Innovation?
Lean innovation is focused on increasing efficiency by capturing customer feedback early and often and minimizing waste in the product development cycle. The process prioritizes experimentation over elaborate planning, and celebrates continuous, incremental improvement.
Tucker Marion, an associate professor in Northeastern University’s D’Amore-McKim School of Business and director of the Master of Science in Innovation program, defines lean innovation as a combination of three main methodologies:
- The ability to identify new opportunities through the use of design thinking
- The ability to quickly, and with fewer resources, develop, prototype, learn, validate, and improve business solutions
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- The ability to apply lean processes, which enable teams to reduce waste, make incremental improvements, and eliminate the bureaucracy that often hinders innovation
“Where companies have trouble is seeing the funnel of what ideas they should be working on,” Marion says. “With lean innovation, you’re developing concepts and testing them in a very rapid way.”