SPIR’IT’ OF INNOVA’IT’ON

“Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.”
While thinking of a way to start the article on Innovation, I thought what better way to start than to quote the messiah of innovation- Late Mr. Steve Jobs. He has defined the way how a company’s fortune can be changed by following the mantra of Innovation. Looking at his example, one must agree innovation is present in every dept of business- Marketing, Product Development, HR, Finance, Production, etc.
Closer home, in India, the government also with the aim of promoting innovation in industry is planning the “India Inclusive Innovation Fund- IIIF”. The fund would be of Rs 5000 crore setup. However, in the initial stages a corpus of Rs. 500 crore would be set aside for the fund. Out of Rs. 500 crore, 100 crore would be provided by the government while the balance would be contributed by banks and financial institutions.
With the aim celebrating the spirit of Innovation in Information Technology sector, our team from this edition will be covering Innovative products or services offered by companies.
Girnar Software has the word innovation in its mission statement. Emphasizing on the importance of Innovation for any entrepreneur, Mr. Amit Jain, Co-Founder and CEO, Girnar Software, says “Innovation is the backbone of Innovation of any company. In today’s cut-throat competition, innovation is the key for the survival of any company. Our company has always emphasized on the generating new ideas. “No doubt this has resulted in the creation of award winning product- cardekho.com which belongs to the family of similar ventures mobiledekho.com, bikedekho.com etc.
Another web portal from GirnarSoft which deserves
The company believes in innovation which reflects in the company’s investment across multiple domains in India including Auto, Telecom & e-Commerce. With the company focusing more on developing IT solutions for financial, banking, i phone and social media for customers based worldwide, it would be investing $2 million to set up a development facility in SEZ of Mahindra World City’s IT zone.
Prevention is better than Cure
Showing how innovation has been the guiding light behind the launches in healthcare, Mr. Gaurav Mundra, COO, Truworth Infotech says, “Innovation to us means creating something that makes life more productive, easier and meaningful for the customer, stake holders and society at large.”
With the aim of promoting preventive healthcare, Truworth Infotech made an attempt of bringing medical and IT together and make them work in a harmony. Owing to these attempts only, Truworth started with many initiatives like Make Me Healthy.com,NoExtrasugar.com, noextrabodyfat.com, etc.
It’s much easier said than done when we say that that company has innovated a unique technology or a better service, but only the innovator knows how much blood, sweat and tears has gone into making the dream come true. Every story has a silver lining and inside which lies the dark entangled clouds. But one must not demean these dark clouds as it is here that the real efforts lie. Ideas are generated every second, it is up to the leader how to make feasible innovation out of these ideas without fearing about failure.
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Shweta Sharma