NOVERACION GLOBAL

This is in house derived word, that resonates our thought process, philospophy and our way of working. Innovation is derived from word Italian word Novus (to create something new) that is where 'NOV' comes from.'VER' is taken from ConVERgence, Acion is from spanish word for Innovacion. That is how NOV-ER-ACION. Leveraging Innovation by converging cutting edge technologies to create sustainable value our mission and that is reflected in the name 'NOVERACION'.

Technology is evolving at a very rapid pace. We have expertise to the concepts needed for delivery of a project and the hands-on learning framework that we have built helps the team to learn any new concept and deliver within weeks.We have robust understanding of technology fundamentals and technology platforms and expertise on how systems operate in tandem with each other. Our expertise is in applying out of the box approach and abstract thinking by asking the right questions not only to solve a particular problem, but also have a clear visible impact in terms of value creation. We have a strong team that is upto edge with latest technological developments and pretty nimble to learn any new anything and start to deliver. We collaborate with 3rd party Subject Matter Experts as and when needed.

Innovation is all about breaking silos and collaboration. We hire best in class industry consultants who have had deep dive domain expertise on a project to project basis. Quite often the organizations that approach us have the expertise in house but we collaborate with experts from industry. Strategically we are looking to build a team of subject matter experts. We are always looking for great talent, talk to our talent development team to see areas and opportunites you can explore.

1. Jugaad(being frugal while innovating) approach that reflects in our continously maturing proprietary framework. We don't believe in complex jargons, fancy market research reports, instead we focus on novelty and business use case of the solution. Startup mindset, abstract thinking and out of the box design are our key differentiators.

2. Unlike management consulting firms offer an array of services right from strategy consulting,technology consulting, merger and acquisition, compliances, tax advisory and so on. We are specifically focussed on one single vertical which is Innovation Consulting and there is where our core expertise are in. Another unique thing about us is that we are focused on leveraging knowledge from various sources combining our ability to think out of the box and delivering innovation outcomes. We see these consulting firms as Ecosystem Partners who have deep dive market research capabilities. We are rather focussed on analyzing the information, applying out of the box thinking and delivering Innovation Outcomes.

3. The other core USP is our proprietary Innovation Assessment Framework which is a product combined with our Innovation expertise to help enterprises fail fast and fail early and find dormant opportunities in the process. This is just one framework, there are other frameworks n pipeline as well.

4. We see Innovation as an abstract art, an amalgamation of multiple disciplines, this sort of talent has to be cultivated. We have proven processes and hiring methodologies combined with our proven learning framework which helps us to get fresh talent and shape them into Innovation Consultants. As humans it is difficult to unlearn and then learn new things, this is one of the biggest blockers of Innovation, which we have addressed in a very elegant manner with our unique approach.

It is our approach with Jugaad (being frugal) and the Innovation Assesment Framework .The unique thing about this framework is that it takes into consideration multiple input parameters to give a clear picture of the problem at hand. Based on this evaluation model we suggest to you whether the investment in technology will be of value add. Post this we calculate the return on investment and the time to recovery of your capital. Once everything is done we put a feasibility assesment report that proposes the possible implementations available. The intent is to maximize the value creation process in a structured manner.

No, we are not a pure research and development based organization. Most of the times we have to deep dive into extreme specific details to understand the problem. Our focus is on understanding these problems and then suggesting the most optimal solution leveraging cutting edge technologies. The adapted approach has to justify the return on investment in terms of either cost saving, cost optimization or competitive strategic advantage.

In a broad sense,research and development often involves inventing something new or doing something in a radically better manner by modelling the cause and effect relationship, the return on investment is undeterministic and the time to get the return on capital is sometimes very high. Innovation to us is all about applying concepts leveraging existing technologies and platforms to create products or solutions that create substantial value.

With profit making organizations they want to see clear impact of a technology adoption in their business. Investment in technology has to justify significant returns. That is what our focus is. In some cases the returns might not be immediate but more strategic in terms of process or quality improvement. With citizen science projects the returns are intangible with benefits that it has to offer to the environment for years, these are kind of projects usually sponsored by Municipal Corporations and Governments.

We offer Innovation Consulting as a Service leveraging our Product which is Innovation Assessment Framework. Depening on the Innovation Cycle and the phase at which a company is, there are typically three Engagement packages. The Innovation Diagnostics, Innovation Surgery and Innovation Therapy. Get in touch with one of our Innovation Consultants for a free session on how Innovation could lead to dormant value unlocking for your Enterprise.

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