IaaS Case Study

 Research Institution Value Realization Platform

Profile

• Prestige Corporation’s Research Arm with multiple labs focusing on different areas of Hi Tech Research
• Each lab is tracking Artifacts produced and IP created
• Sponsor Corporations fund research in labs
• Labs partner with university when useful to enhance speed in, or quality of, obtaining research objective

Pain Points

• Difficult to get aggregated analytics simplifying visualization of value delivered to Sponsors
• Current input of performance data was tedious, across labs and partner agreements

Solution – Innovation as a Service

• Through rapid Stakeholder research, quickly modeled the value streams
• Leveraging the NetVRP Platform, within 6 months, iteratively delivered software innovations which automated data entry and Governance processes enabling reduction of effort to deliver outcomes
• The Business model is a subscription which represents a consistent and highly affordable monthly fee delivering continuous Innovation, leveraging diverse skillsets including Transformation Consulting, Value Stream Mapping, and Agile Delivery of Value based upon a prioritized Product Backlog.

Results

• Uncovering of new Innovation opportunity due to the Transparency enabled with the continually evolving Value Realization Platform
• Opportunity for stronger Sponsor engagement due to the simplified value visualization

Future Outlook

• The relationship is gradually evolving from a vendor to an Innovation Partnership