In my experience, there are common themes that link the failure of new products, and I am often asked by anxious entrepreneurs for my top tips on preventing their products from becoming landfill and, by corollary, how they can make their products successful.
Companies that think in terms of a ‘product ecosystem’ will trounce rivals that come to the market with a more myopic view of success, says Francois Nguyen, principal designer at Frog, a global product strategy and design firm that has become internationally recognised for its innovation.
Primetime Australian news broadcaster, Channel 7 News, has highlighted the frustration of millions of consumers in not being able to easily find the cheapest energy plan and has promoted Ingeni, developed by Planet Innovation, as a simple solution.
Planet Innovation has been recognised as Australia’s 5th fastest growing company by BRW, based on an average annual revenue growth of 127% over the last three years.
Stuart Elliott, Planet Innovation Managing Director, was named a regional winner in the EY Entrepreneur of The Year awards on September the 5th, 2013.
The product development journey can be exciting but harrowing for even the most experienced company let alone the first time innovator. Here are a six principles that successful companies follow.
Despite 30 years of IVF practice the process of freezing human embryos, known as vitrification, has remained extremely manual and susceptible to errors and inconsistencies by embryologists. In 2009, Genea Biomedx teamed up with Planet Innovation to solve this challenge by automating IVF vitrification and finally making the process consistent and standardised for labs around the world.
Our innovation team developed an inexpensive in home energy display that not only allows us to understand and reduce our energy usage, it also allows us to browse every available energy plan on the market to find the cheapest plan based on their actual energy usage.
Good voice-of-customer (VoC) research requires you to be part detective and part psychologist. You are trying to solve a puzzle through questions and observations that will help you determine your product direction, your regulatory strategy and your commercialization path. And it’s not a simple puzzle to solve.
On paper, all software requirements look achievable. But for anyone who has been involved in developing new products, software is often the villain causing overruns and budget blow outs.
In London on July 8, 2013, in front of the global IVF community at the European Society of Human Reproduction and Embryology (ESHRE) conference, I presented a paper that revealed the details to the microfluidic pod that enabled automated IVF vitrification for the first time in the world.
Dr. Ian Macfarlane will share his real-world experience on the ingredients to success for both start-up and established IVD companies at Ausmedtech 2013.
We are excited to announce the opening of our new US office. This new office, based in Chicago, is part of our long term commitment to providing exceptional client service and assisting our partners with commercialising new technologies in the US and global markets.
Planet Innovation was ranked Australia’s 8th most innovative company by Australia’s premier weekly business publication BRW – and we proudly accept the honour.