Innovation Design - MITID Innovation - PowerPoint PPT Presentation

About This Presentation
Title:

Innovation Design - MITID Innovation

Description:

Innovation is the fuel that runs the engine of any industry. Like any other industry, innovation is extremely important in the design industry as well. Technological innovation in the design industry is the modifications, computer advancements, and creativity to gain business innovation. – PowerPoint PPT presentation

Number of Views:2
Slides: 15
Provided by: mitidinnovation
Tags:

less

Transcript and Presenter's Notes

Title: Innovation Design - MITID Innovation


1
Why Innovation is Important in Design
Industry MITID Innovation
2
Innovation is the fuel that runs the engine of
any industry. Like any other industry, innovation
is extremely important in the design industry as
well. Technological innovation in the design
industry is the modifications, computer
advancements, and creativity to gain business
innovation. Innovation design's sole purpose is
to devise a technologically viable design,
feasible business strategy, and gain value in the
market.
3
We see innovation in design in almost every
website we use, like the website or every game we
play. It is observed in card games like the
Potato pirates and many more. With innovation by
its side, the design industry has seen a boom in
its growth and creativity. The importance of
innovation in design could be highlighted from
the following points
4
Creative Structure of a Product
The design industry is aimed at forming the
structure and focus of a product. These two
qualities of focus and structure need innovation
to be unique and feasible. Without technological
innovation, a product will lag behind its
competitor, making innovation even more important
in the design industry.
5
Fulfilment of Needs of Users
The sole purpose of the design industry is to
make a product that is useful and
beautiful. Innovation design serves the purpose
of providing the user with a feasible,
technologically viable, and beautiful product.
Innovation is the bridge between the needs of the
customer and provisions by a company.
6
Solution to Complex Problems
With technological advancements, there are newer
problems that are existing in the industry which
never existed before. The problems in the design
industry could be solved by business innovation.
Innovations has been able to find practical
solutions to the shortcomings of the design of a
product.
7
Increase Market Opportunities
Everyone wants a product that is designed very
innovatively. If a product is innovative, it will
be famous in the market because customers seek a
change from their monotonous product usage.
8
As market opportunities are increased, the
company will see an increase in its revenue, and
an increase in revenue means increased profits.
The major aim of earning profits is thus
fulfilled due to the business innovation model
adopted.
9
Sustainable Approach
Today is an era where several environmental
crises are happening around the world. With such
happenings, every designer has the duty and
responsibility to create a product that is
designed to be environment-friendly.
10
This sustainable approach could only be achieved
if there is innovation in the design of the
product. Innovation enables the product to be
technologically viable, feasible for nature, and
serves the purpose of its being. Thus, innovation
is the future of the design industry.
11
According to the Design Value Index data- an
investment tool, companies that have integrated
their corporate strategy with design thinking
outpace their competition and industry peers by
as high as 228 percent. The design industry is
booming and has a huge scope in the future.
12
Aspiring students need an equally aspiring
institution that fulfils their needs of wide
opportunities and an industry-centric curriculum.
MIT ID Innovation is an institution that has
proved its excellence over the years. If growth
and opportunities are your utmost priority, MIT
ID Innovation is the name you can remember.
13
Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Courses in Innovation.
14
Wed love to hear
from you.
  • MIT INSTITUTE OF DESIGNRajbaug,, Loni-Kalbhor,
    Pune-412201
  • 91-7038982225 / 91 9834092369
  • innovation_at_mitid.edu.in
Write a Comment
User Comments (0)
About PowerShow.com