Technology and innovation are keys to success in nearly every industry. The right innovation strategy, whether it be high-tech innovation or process innovation, is critical to growth, to acquiring and sustaining competitive advantage, and to building value for the long term.
We have the strategic insight and market knowledge to understand how technology and innovation fit within the context of a particular industry, but also the technological expertise to work with engineers to understand how a technology work. A combination of these skills sets is necessary to evaluate both the costs and potential benefits of a new initiative.
We have worked with clients to help them assess potential technology and how it fits into the market landscape, developed business cases and cost-benefit analyses around new technology and program roll-outs, and helped them think more broadly about ways to integrate innovation into their business operations.
Capabilities
Our Technology & Innovation capabilities span several areas, including:
- Technology Assessment
- Deployment Economics
- Innovation
Our Work
Several examples of recent Technology & Innovation work include:
| Capability | Qualification/Experience | Outcome |
|---|---|---|
| Technology Assessment | Evaluated the market demand and competitive landscape for an innovative environmental emissions (NOx) solution for coal-fired boilers used in power generation | Utility launched an environmental services solution as a stand-alone business |