Technology Driven Innovation
October 20, 2017
InnoQuest participants explored Technology-Driven Innovation on October 20th at Dealer Tire’s newly renovated 165,000 square foot headquarters, located in the historic Victory Center in Cleveland’s Mid-Town, the heart of the Health-Tech Corridor (7012 Euclid Ave, Cleveland, OH). Check out their new office space in this video.
Dealer Tire shared how it is using platform-driven innovation and partnerships to solve customer issues and drive new value; plus, DigitalC shared how it is helping to guide Northeast Ohio’s priorities and resources towards being a technology hub.
Northeast Ohio struggles a bit to transition from a legacy city dependent on being a manufacturing hub to an economy driven by digital technology. In 2016, the Cleveland-Elyria GDP growth rate (0.6%) lagged both the Columbus and Cincinatti areas (2.5% each). Both Dealer Tire and DigitalC provided terrific examples of how regional companies can leverage technology and help the region lead in new ways.
Chris Fuss (CTO, Dealer Tire) shared how innovation through technology extensions and partnerships can address unresolved market problems that one’s own existing products or services is close to solving. This innovation discovery process usually leads to additional opportunities that would have otherwise gone unnoticed. Dealer Tire is applying the principle of platform-driven innovation and data to provide additional value to their customers – helping the nation’s car dealerships better serve its customers.
DigitalC is a new civic tech collaboration that partners with the community to design technology-driven programs and services – helping to shape the region’s priorities and identify as a global leader in health-tech, data science and data analytics, and Internet of Things (IOT). As technology and innovation continue to advance at a lightning pace, Jennifer Thomas, Chief Strategy Officer and Joan Chase, Director of Place shared that they seek to help local leadership, residents, and businesses to adapt to create smarter, more connected and more inclusive communities. In 2018, they are opening a dedicated space (called TechHive) in Cleveland’s mid-town to foster innovation and collaborations between the people in the community and throughout the region.
A collaborative forum offered bi-monthly to leaders and innovation practitioners of mid- to large-sized companies in Northeast Ohio. Participants gain best practices in managing and guiding the innovation process, new working relations with peer companies & leading practitioners and actionable steps to improve a company’s innovation practices. Program content has included: Additive Manufacturing (3D Printing), Lean Start-Up Principles, Design Thinking and Creativity in Leadership. Each session is held at a location of interest throughout the region; past locations have included; Sherwin Williams, The Technology House, NASA Glenn Research Center, Baldwin Wallace Center for Innovation and Growth, Parker Hannifin’s New Innovation Center and the Cleveland Institute of Art.