The RAT race, hopping over innovation risks

Xylos
XylosXylos
Riskiest Assumption Test
Innovation
Methodology
RAT
Innovation
Innovation is very exciting,
90% of innovation fails.
The
product/
service
Product fail factors
No market need 42%
Pricing/Cost issues 18%
The
innovation
process
The
product/
service
The
innovation
process
Client type
Start-ups / SMEs / Corporates
Available maturity and expertise
Clear specified idea vs no idea
Amount of resources
Availability of the team
Available budget
Team structure
Amount of discipline teams
Different team locations
The
innovation
process
The
innovation
process
Fail factors
Run out of cash 29%
Not the right team 23%
Get outcompeted 19%
The
innovation
process
The
product/
service
The
product/
service
Technology driven
Complex
Functionality
possibilities
Culture
Technology
capabilities solutions
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The
innovation
process
The
product/
service
Methodology
We work agile
The
innovation
process
Analysis
Traditional
Design Code Test
AnalysisDesignCodeTest
Agile
One-off activities
Continuous activities
01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development
June
PoC
prototype
5 devices
Pilot
prototype
60 devices
Production
product
500 devices
Scaling up
+10.000 devices
We learn by doing
The
innovation
process
Time
Uncertainties/Risk
PoC Pilot IndustrialisationFraming Feasibility
Time
Uncertainties/Risk
PoC Pilot IndustrialisationFraming Feasibility
We validate
The
innovation
process
Product Requirements Document
What to build
High level requirements
Business case
Main functionalities
How to build
Detailed requirements
Technical
Legislation
Certification
Digital User Interface Connected object
PlatformFront-end Back-end CasingFirmware Electronics
QualityEnvironment Regulations Production
Validation by all stakeholders
Design
Marketing
Sales
Development
Production
Service
01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development
RAT: Riskiest Assumption Rest
01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development
Here is the RAT
Product concept Product parts Sub systems
Locate the risks
Desirability Technical feasibility
2 types of RAT
Product concept Product parts Sub systems
RAT
Desirability
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
Product concept Product parts Sub systems
RAT 1
RAT 2
Technical feasibility
Wireless communication
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
Image readability for OCR
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
Crash detection
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
The RAT race, hopping over innovation risks
Miniaturisation & energy balance
The RAT race, hopping over innovation risks
Conclusion
Tackle the big issues up front
Keep the budget and timing under control
Thanks!
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