Patential.io
Simplify Innovation in Mid-Sized Businesses
Description
The project "patential.io" is situated in the context of business and innovation in German medium-sized enterprises (SMEs). In light of the pressure German SMEs face due to declining innovative capacity, there has been a recognized need to find new ways to foster innovation. In today's digital era and an ever-changing economic landscape, it is crucial for companies to improve their innovation processes and remain competitive.
Relevance
Patential emerged from the necessity to assist medium-sized companies in strengthening their innovative capacity. The current situation reveals that innovation processes are often time-consuming, costly, and inadequately documented. There is a need for a solution that supports companies in generating new inventions more quickly and targetedly, to reinforce their competitive position.
4th Place
Germany drops in the Innovation Index ranking.
Over 55%
of all jobs in Germany depend on SMEs.
Since 2019
patent registration numbers have been declining.
Objective of this Project
"Patential" was initiated with the conviction that a strong culture of innovation is vital in the German economy. It aims to assist medium-sized companies in enhancing their innovative capacity, staying competitive, and unlocking new business opportunities. Through better access to patents and targeted combination of ideas, companies can accelerate their innovation processes and develop solutions that meet current market demands. The project aims to contribute to strengthening the German SME sector and promoting economic innovation.
Content of Patential
The actual project "Patential" involves developing a web application that aids medium-sized companies in discovering and combining innovative ideas. Instead of just evaluating existing ideas, it's about generating new ones by leveraging publicly available patents. Patential enables companies to combine these patents, add their own ideas, and export the results for further steps, such as review by a patent attorney or for internal development.
How Patential Assists
Patential's approach is based on a methodical iterative process. By discovering, combining, and augmenting patents and their own ideas, an innovative solution space is created. The project team worked closely with medium-sized companies to understand their specific requirements and accordingly tailor the web application. The development of Patential was carried out in close cooperation with experts from various fields to ensure a comprehensive understanding of the innovation process in SMEs.
Design Relevance
The connection with design lies in enhancing the innovation process in medium-sized companies. By integrating patent database research into the process, companies gain access to a wide range of expertise and technologies. The design of Patential ensures a user-friendly and intuitive platform, enabling companies to effectively implement their creative ideas and develop innovative solutions.
Conclusion
As part of the "Patential" project, an innovative web application was developed to help medium-sized companies enhance their innovative capacity and unlock new business opportunities. Patential enables companies to generate new inventions by combining publicly available patents with their own ideas. The platform offers a user-friendly interface that allows companies to effectively implement their creative ideas and develop innovative solutions. The project demonstrated that the targeted use of patents and the integration of design into the innovation process can significantly contribute to increasing the competitiveness and innovative capacity of medium-sized companies. Thus, Patential represents an important tool for promoting innovation capacity in the German SME sector.
User Interface of Application
To more effectively communicate with stakeholders and simultaneously refine the strategy and concept, complete screen views (screens) were created. With these, we can concretely demonstrate to medium-sized businesses and patent attorneys how the tool can practically support them. This type of visualization helps them imagine how they could use the application themselves. In later sales conversations, the thoughtful design of the application promotes confidence in the functionality of the tool, not only in theory but also in practice.
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SaaS Software
Our decision to offer the newly developed software as a SaaS application is based on the increasing acceptance and benefits of cloud services in medium-sized companies, offering numerous advantages such as cost savings, scalability, security, and flexibility.
Project-Patential Reflection
June 2, 2023
We found out that our solution approach struck a nerve, which definitely motivated us to innovate the project further. However, we quickly realized that we should be very careful about what kind of information should be public and which should not.
Relevance in the Big Picture
May 11, 2023
The deeper we researched the topic of "Innovating in medium-sized companies," the more apparent it became how intense the competitive pressure from SMEs against large corporations is.
Top Personal Learning
May 2, 2023
Even if it's initially challenging to gain information for the project from more secretive areas (innovation departments of companies), it's crucial not to give up but to dig deeper. As it turned out, essential artifacts are often found precisely in those areas.
Image-Film of Patential (German Version)
The strategic use of patent data
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creating added value,
through design.
