Discovery Ideation PoC Creation Execution Spin Off Grow

Discovery

  • Identify the strategic focus area
  • Insight comes from the top management
  • Translated in themes of innovation & problem statement

 

Hackatons

Academy

Ideation

  • Idea collection & idea graduation
  • Bottoms-up ideation on strategic goals
  • Can be crowdsourced internally & externally

PoC Creation

  • Conceptualise ideas
  • Check for novelty, functionality, feasibility and alignment to strategic goals

 

A Proof of Concept (PoC) is used to demonstrate the feasibility and practical potential of any blockchain project in any field such as Energy, Communication, Services, Insurance and Healthcare. A PoC can either be a prototype without any supporting code or any MVP (Minimum Viable Product) with bare featureset. A PoC is a prototype that is used for internal organization who can have a better understanding of a particular project

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Execution

  • Test the PoC for feasibility, market viability and scale
  • Undertaken by the innovation wing, emerging business division, incubators and R&D

Spin Off

  • Find investors and partners
  • Set up Marketing, Operational Management & Customer Support

OUR SUCCESSFUL SPIN OFFS

Grow

  • Improve the products you offer
  • Expand to new markets

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PROMOTE GROWTH