It’s no secret that the business world is becoming increasingly competitive. Therefore, what is your company doing in order to keep up with the ever-changing trading environment?

In an attempt to stand out from their competitors and deliver products or services that the market is looking for, many companies are exploring the concept of innovation and the many ways they can implement it as a business strategy.

According to a survey conducted by the Business Development Bank of Canada, 80% of Western-based entrepreneurs believe innovation is important to their venture, but a lack of funds and time block their strategies to implement new ideas.

Solution: Innovation as a Service

innovation as a serviceIf this is the case for your company, you will surely be happy to hear that cost effective and time-saving solutions are just a click away. This type of solution can be referred to as Innovation as a Service.

Innovation as a service is an emerging generation of software that helps companies manage the innovation process and turn creative ideas into products. The idea of innovation as a service centers around the notion that idea generation can be opened to external parties instead of being restricted to internal employees. Now, customers and business partners can join in and collaborate. Innovation as a Service solutions help make feedback and ideas flow through the organization, get financial support, take action and deliver winning products.

OneDesk: Innovation as a Service

At OneDesk, we strongly believe that any company can innovate and become a stronger one, as long as all team members are on the same page as to what the company’s goals are. Companies such as 3M, Google and Starbucks are leaders in the innovation field. These companies recognize that it’s important to further their goals; doing what they have always done won’t lead to any new opportunities. They also recognize that new product or services can be more easily realized with the help of advancing technologies.

OneDesk is based on the concept of Innovation as a Service. Our goal is to help you connect your whole team, whether they are in the same office or across the world and collaborate to co-create innovative products. By allowing your organization to reinvent its innovation process, you will open doors to new insights, as well as improve the customer experience. Letting your customers and partners have a “hands on” approach within your organization’s development process by using OneDesk’s customer community portal, social collaboration tools and feedback management application, your business will be well on its way to delivering innovative results.

So, getting back to the initial question, what is your company doing in order to keep up with the ever-changing trading environment?

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