In the past, many organisations have been able to survive even with very limited amounts of innovation. They focus on providing quality products and simply update them to a level that maintains their competitiveness in the market. This method still applies to some products with long lifecycles and few opportunities for innovation.
Recently however, some trends have emerged that drive the innovation process. Due to factors such as globalisation and outsourcing, there is an increased push to improve efficiency and effectiveness of organisations. Organisations need more than good products to survive; they require innovative processes and management that can drive down costs and improve productivity.
NASSCOM conducts product conclaves every year to recognise and help start – ups with innovative products. These conclaves present a unique opportunity for start – ups to network with other start – ups, individuals, and investors.
Incento had the privilege of attending the conclave in Hyderabad, and was one of the top five selected by the jury to present their product to everybody present.
This recognition would not have been possible without you!