The pervasiveness of emerging technologies, global connectivity, and ever-increasing competitive pressures are reshaping the businesses like never before. Digitization of physical objects is making existing brick and mortar businesses obsolete. Competition can spring up from any corner - and not just from the known competitors. As a result, the businesses today are not only concerned about their future in the business; but the future of the business itself! This is forcing organizations to become ever more relevant, efficient, and innovative. This quest to become future-ready means that they have to re-skill, re-tool and even re-imagine their businesses! This cannot be achieved without mastering and experimenting with emerging technology-led solutions. But when it comes to incubation, the organizations are struggling with:
The organizations are struggling to keep up with the speed at which these factors are unfolding. The constant pressure is overwhelming, making the clients stressed. Naturally, they are looking to their technology partners like Infosys to help them navigate these disruptions.
Living Labs is a program led by Infosys Center for Emerging Technology Solutions (iCETS) which helps create innovative solutions for clients by contextualizing emerging technologies. The team leverages design thinking, technology and design capabilities of the Infosys innovation ecosystem to incubate and deploy at scale . The program consists of -
To paraphrase Peter Drucker, this program is based on a conviction that ‘Innovation is about exploiting change as an opportunity… and is a systematic discipline that can be learned and practiced.’
Living Labs has been successfully offered to the clients for the past several years.
Living Labs is a new kind of sustained engagement offering from Infosys to help clients become future-ready. By combining the strong design skills with the emerging technology expertise in Infosys Centre for Emerging Technology Solutions (iCETS), the program helps organizations to “Innovate at scale with Emerging Technologies & Design".
Through interventions such asIdeation workshops; Visualization engagements and Rapid Prototyping; and with supporting interventions such as Idea Events; Hackathons & Trends Sensing - it endeavors to holistically address the client needs for emerging-technology-led-business-innovation.
Living Labs help clients systematically de-risk the Business Uncertainty (through the use iterative prototyping and early & frequent inclusion of the end users in the design process) as well as de-risk the Technology Uncertainty (with our expertise in emerging technologies; fail-fast approach, and rapid prototyping). It provides a well-developed operational model that uses core-flex teams; realistic and flexible IP model, optimal utilization of our global presence, and competitive pricing. Most importantly, it brings a strong bias for action to move the needle forward and to avoid merely doing innovation theatre!
Brochure
Insights
Video
Insights