SOFTWARE ENGINEERING
What is Innovation Software?
Innovation software is a fairly recent development that was made possible by the rise in popularity of both cloud computing and social sharing platforms. The main goal of this software is to help enterprise level businesses generate and evaluate ideas so that innovation can be cultivated and implemented. The software serves as an important tool that facilitates collaboration while also providing an organized selection process that pushes the best ideas forward without getting bogged down by big data.
A revolution is now underway. Most innovation occurs first in software.1 And software is the primary element in all aspects of innovation from basic research through product introduction:
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Software provides the critical mechanism through which managers can lower the costs, compress the time cycles, and increase the value of innovations. It is also the heart of the learning and knowledge processes that give innovations their highest payoffs.
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In many cases, software is the core element in process innovations or in creating the functionalities that make products valuable to customers. In others, software is the “product” or “service” the customer actually receives.
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Software provides the central vehicle enabling the inventor-user interactions, rapid distribution of products, and market feedback that add most value to innovations. Consequently, customers — and the software itself — make many inventions that the company’s technologists, acting alone, could not conceive.
Software Innovation
Software is in high demand! The whole world has their eyes on how to get more from software. The rate at which everything is being impacted by the digital revolution through just a click of a button is staggering.
Scientists are having sleepless nights trying to improve the existing software system and almost everyday, there are new software inventions that improve our daily lives. Check this You Tube link. It shows how young people are really working hard and making an impact on improving the software world.
The Importance of Software Innovation
One could argue that the entire world of software is one long story of human innovation. Fifty years ago, who could have seen what we have today? The devices, applications, and products that are available to the general public are indeed a wonderful example of what innovation has accomplished and where it is going!
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Here's a glimpse to get you excited!
Areas Software Development Innovation to Watch
Software development has undergone a massive transformation in the last two decades. From the first wave of breakthrough PC applications such as Lotus 1-2-3 and Microsoft Office, to the launch of the first iPhone and its all-new “app” category, to the recent release of the Watch and its projected evolution of apps, developers have never been more in demand to support these new technologies.
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