A recent McKinsey Global Survey shows that companies are satisfied, overall, with their use of metrics to assess innovation portfolios—though many findings suggest that they shouldn’t be. The companies that get the highest returns from innovation do use metrics well; these organizations tend to assess innovation more comprehensively than the others.
Even in the current economic turmoil, innovation remains a high strategic priority for most companies, and many see it as a strong contributor to growth. Yet many also struggle to measure the performance of their innovation portfolios. In a recent McKinsey Global Survey,1 we asked senior executives which types of innovations their companies pursue, which ones they measure and with what metrics, what goals they have in using metrics, and how satisfied they are with the metrics they choose.
Companies reporting the highest contribution to growth from their innovation projects tend to be more interested in pursuing and measuring their innovations as a portfolio and therefore use metrics across the whole innovation process. In the end, they are more satisfied than others with the ability of such metrics to help their organizations do everything from aligning individual performance incentives to improving innovation performance to communicating with investors.
Sixteen percent of the respondents say that their companies don’t use any metrics to assess innovations. Among those that do, most are satisfied overall, though the findings suggest they aren’t effectively using these metrics as well as they could. Most notably, companies are much likelier to rely on metrics for outputs than...
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Friday, December 5, 2008
PureWave Networks, Inc has secured $12 million
What Company Is Offering:
PureWave, a Silicon Valley Company, is the world’s leading supplier of high-performance adaptive beamforming 4G base-stations currently supporting standard WiMAX devices, enabling delivery of quadruple-play services (Voice, Video, Data, Mobile). PureWave Networks’ PureMax technology is a multi-beamforming approach that delivers significantly higher capacity and coverage than the competition. PureWave Networks employs a software-defined radio approach which assures that systems built for today’s world can be easily upgradeable in the future.
How Much They Got From VCs:
PureWave Networks, Inc., an innovative provider of advanced, cost-effective 4G wireless base stations, announced that it has secured $12 million in Series B funding. Two new venture funds – ATA Ventures and Leapfrog Ventures - have joined PureWave’s existing investors, which include Allegis Capital and Benhamou Global Ventures, in successfully completing the funding round. The Series B funding will allow PureWave to commercially introduce its advance beam forming WiMAX base stations in North America, the APAC region and other selected markets and to expand its operations.
”PureWave’s strong balance sheet in this challenging economic environment, together with our leading edge product offering, will be the foundation of our future growth," said Gideon Ben-Efraim, PureWave’s CEO and Chairman. “WiMAX and LTE infrastructure are the big growth opportunity in the mobile infrastructure market today and we are positioning the company to be a major player in this space.”
PureWave’s goal is to transform the economics of WiMAX and LTE, through a combination of advanced technology, an innovative product offering and the most cost-effective products available on the market. PureWave offers small form-factor WiMAX base stations, which combine the power, performance and sophisticated features of a traditional macro base station, with the small footprint and competitive pricing of pico base stations.
More at:http://www.pwnets.com/
PureWave, a Silicon Valley Company, is the world’s leading supplier of high-performance adaptive beamforming 4G base-stations currently supporting standard WiMAX devices, enabling delivery of quadruple-play services (Voice, Video, Data, Mobile). PureWave Networks’ PureMax technology is a multi-beamforming approach that delivers significantly higher capacity and coverage than the competition. PureWave Networks employs a software-defined radio approach which assures that systems built for today’s world can be easily upgradeable in the future.
How Much They Got From VCs:
PureWave Networks, Inc., an innovative provider of advanced, cost-effective 4G wireless base stations, announced that it has secured $12 million in Series B funding. Two new venture funds – ATA Ventures and Leapfrog Ventures - have joined PureWave’s existing investors, which include Allegis Capital and Benhamou Global Ventures, in successfully completing the funding round. The Series B funding will allow PureWave to commercially introduce its advance beam forming WiMAX base stations in North America, the APAC region and other selected markets and to expand its operations.
”PureWave’s strong balance sheet in this challenging economic environment, together with our leading edge product offering, will be the foundation of our future growth," said Gideon Ben-Efraim, PureWave’s CEO and Chairman. “WiMAX and LTE infrastructure are the big growth opportunity in the mobile infrastructure market today and we are positioning the company to be a major player in this space.”
PureWave’s goal is to transform the economics of WiMAX and LTE, through a combination of advanced technology, an innovative product offering and the most cost-effective products available on the market. PureWave offers small form-factor WiMAX base stations, which combine the power, performance and sophisticated features of a traditional macro base station, with the small footprint and competitive pricing of pico base stations.
More at:http://www.pwnets.com/
MusicBiatch---Find High-Quality 1 Billion mp3 files
What Company Is Offering:
MusicBiatch is a music search engine designed for locating an audio files in various file sharing and uploading sites.
At present they have 1 billion mp3 files in theirr search database and thousands files are added daily.
How It Works:
As an file sharing search engine MusicBiatch.com finds mp3 files matching your search criteria among the files that has been seen recently in audio uploading sites by our search spider. This information is accumulated in a database. When you execute a MusicBiatch.com search it delivers results from the database.
With its approach to crawling you can find the mp3 files shared on audio uploading sites that the other crawlers miss. Also its search engine collects rich and relevant metadata for each page. As a result, when you search for mp3 files with MusicBiatch, you can always find high-quality, relevant search results.
More at:http://www.musicbiatch.com/
MusicBiatch is a music search engine designed for locating an audio files in various file sharing and uploading sites.
At present they have 1 billion mp3 files in theirr search database and thousands files are added daily.
How It Works:
As an file sharing search engine MusicBiatch.com finds mp3 files matching your search criteria among the files that has been seen recently in audio uploading sites by our search spider. This information is accumulated in a database. When you execute a MusicBiatch.com search it delivers results from the database.
With its approach to crawling you can find the mp3 files shared on audio uploading sites that the other crawlers miss. Also its search engine collects rich and relevant metadata for each page. As a result, when you search for mp3 files with MusicBiatch, you can always find high-quality, relevant search results.
More at:http://www.musicbiatch.com/
Wreckamovie is an online collaborative film community
What Company Is Offering:
Wreckamovie is an online collaborative film community by Star Wreck Studios Oy. Ltd.Star Wreck Studios is a film studio that is specialized in blending the Internet and the film industry together by unleashing the creative potential of Internet communities, and changing the whole chain of filmmaking. Through the launch of its new online service www.wreckamovie.com, the company makes it possible to collaboratively produce professional quality A/V content of all types: from short films to feature films and to all distribution screens – from Internet and mobile to film theater.
More at:http://www.wreckamovie.com/
Wreckamovie is an online collaborative film community by Star Wreck Studios Oy. Ltd.Star Wreck Studios is a film studio that is specialized in blending the Internet and the film industry together by unleashing the creative potential of Internet communities, and changing the whole chain of filmmaking. Through the launch of its new online service www.wreckamovie.com, the company makes it possible to collaboratively produce professional quality A/V content of all types: from short films to feature films and to all distribution screens – from Internet and mobile to film theater.
More at:http://www.wreckamovie.com/
Spific---Stop Searching And Start Finding
What Company Is Offering:
With Spific you will receive quality results every time so that you can stop searching and start finding.
With Spific you can search the entire internet directly from their homepage or select a specific category. Each search focuses on a specific topic and will guide you to the highest quality results by allowing you to refine your results by date, site, and category.
For example after searching the entire internet for the keyword "Olympics" you can then select a refinement such as "Blogs", to find Bloggers currently writing about the Olympics, "Forums", to find active discussions that you can join, "Videos", to view Olympics related videos, or "Stores", to find online stores offering Olympics related merchandise . Refinements appear as blue underlined text located directly above the search results, selecting one will refine your search and provide more relevant results.
Unique Features:
Uses Google's search algorithm—Even Spific’s specialty searches provide results generated by the most effective search provider online.
Advanced features are easily accessible—A single click is all that is necessary to refine search results by date, category and site.
Improved Internet Search—Display results from the entire web or show only those from blogs, forums, online stores, or video websites.
Individual labeling of thousands of sites—Allowing highly efficient filtering of search results.
Quality results—Searches focus on those websites that provide superior design and content allowing users access to the best the online world has to offer.
More at: http://www.spific.com/
With Spific you will receive quality results every time so that you can stop searching and start finding.
With Spific you can search the entire internet directly from their homepage or select a specific category. Each search focuses on a specific topic and will guide you to the highest quality results by allowing you to refine your results by date, site, and category.
For example after searching the entire internet for the keyword "Olympics" you can then select a refinement such as "Blogs", to find Bloggers currently writing about the Olympics, "Forums", to find active discussions that you can join, "Videos", to view Olympics related videos, or "Stores", to find online stores offering Olympics related merchandise . Refinements appear as blue underlined text located directly above the search results, selecting one will refine your search and provide more relevant results.
Unique Features:
Uses Google's search algorithm—Even Spific’s specialty searches provide results generated by the most effective search provider online.
Advanced features are easily accessible—A single click is all that is necessary to refine search results by date, category and site.
Improved Internet Search—Display results from the entire web or show only those from blogs, forums, online stores, or video websites.
Individual labeling of thousands of sites—Allowing highly efficient filtering of search results.
Quality results—Searches focus on those websites that provide superior design and content allowing users access to the best the online world has to offer.
More at: http://www.spific.com/
TeachStreet is a place to Teach or Learn Anything
What Company Is Offering:
TeachStreet is a place to Teach or Learn Anything.It's a user-driven social networking and class review site, designed to help bring students and teachers together. They've created a community where anyone who loves to learn can find a class that's perfect for them, and where teachers of all subjects, from academia to pure silliness, can market themselves to potential clients.
How It Works:
Joining TeachStreet is absolutely free, and it takes only a few minutes to register with them. Once you become a member, you can take advantage of all of TeachStreet's features, including:
Review classes: Spread the word about classes you love, or get the scoop on a course you've been thinking about taking. Their class reviews come from users just like you, so you'll have a good idea of whether or not a class is right for you.
Search: No more wasting hours online trying to find a class, or bugging your friends for a lead. TeachStreet makes it easy to search through thousands of classes in your area, by subject or by teacher.
Connect: Use their message center to get in touch with other TeachStreet members who share your interests. Or send a quick note to a teacher about the classes they teach. Either way, you'll be able to get even more information about your favorite topics in just a few clicks.
More at:http://www.teachstreet.com/
TeachStreet is a place to Teach or Learn Anything.It's a user-driven social networking and class review site, designed to help bring students and teachers together. They've created a community where anyone who loves to learn can find a class that's perfect for them, and where teachers of all subjects, from academia to pure silliness, can market themselves to potential clients.
How It Works:
Joining TeachStreet is absolutely free, and it takes only a few minutes to register with them. Once you become a member, you can take advantage of all of TeachStreet's features, including:
Review classes: Spread the word about classes you love, or get the scoop on a course you've been thinking about taking. Their class reviews come from users just like you, so you'll have a good idea of whether or not a class is right for you.
Search: No more wasting hours online trying to find a class, or bugging your friends for a lead. TeachStreet makes it easy to search through thousands of classes in your area, by subject or by teacher.
Connect: Use their message center to get in touch with other TeachStreet members who share your interests. Or send a quick note to a teacher about the classes they teach. Either way, you'll be able to get even more information about your favorite topics in just a few clicks.
More at:http://www.teachstreet.com/
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