Centralized Innovation Hub for Agile Data Governance

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Solution Overview

Problem

Organizations face challenges in efficiently managing and processing a vast amount of innovation ideas data from various sources across the organization, leading to time-consuming and manual processes in determining what data is available for analysis and product development, with inconsistent reporting and tracking of success measures.

Innovation Solution

Implementing a centralized innovation framework module using a web-based collaborative platform to collect, analyze, and migrate innovation ideas data onto a development platform, establishing connections for tracking and governance, and automating data transmission and compliance testing to support agile project management.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If manual data collection and analysis methods are used across organizational boundaries, then data processing can be performed, but the process becomes extremely time consuming and inefficient

Engineering Contradiction:
Improvedata processing efficiencyVSAvoidtime to determine available data
Core Design Contradiction:
ProductivityVSLoss of time

Solution Approach 1:

The patent merges multiple data collection points and innovation platforms across organizational boundaries into a single centralized hub. This consolidation eliminates the need to manually navigate multiple systems and determines data availability across boundaries in one unified location, dramatically improving efficiency and reducing time loss.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The centralized hub acts as an intermediary between distributed innovation teams and the product development platform. It automatically collects, standardizes, and prepares data from multiple sources, eliminating manual data gathering and analysis tasks while enabling efficient data processing and determination of availability.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Reliability

If multiple separate platforms are used for innovation data collection and product development, then various functions can be performed, but consistent reporting and tracking of success measures cannot be achieved

Engineering Contradiction:
Improveconsistency of reportingVSAvoidnumber of separate platforms
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent consolidates multiple separate innovation platforms into a single centralized hub that interfaces with the product development platform. This merger ensures that all innovation data flows through one standardized system, enabling consistent reporting and tracking of success measures across the entire organization while reducing the number of separate platforms.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The centralized hub provides universal functionality for collecting, standardizing, and managing innovation data from diverse sources. It serves multiple functions including data collection, validation, enrichment, and distribution to various stakeholders, ensuring consistent reporting capabilities across all functional areas while replacing multiple specialized platforms.

Inventive Principle:
Principle #6Universality (Multi-functionality)

3Productivity

If manual processes are used to determine data availability for analysis and product development, then data can be processed, but the process becomes extremely manual and inefficient

Engineering Contradiction:
Improvedata processing throughputVSAvoidautomation of data availability determination
Core Design Contradiction:
ProductivityVSExtent of automation

Solution Approach 1:

The centralized hub serves as an automated intermediary that systematically determines data availability from multiple sources. It automatically collects, validates, and enriches innovation data, eliminating manual processes for determining data availability while maintaining high processing throughput through systematic automation.

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system enables self-service automation where the centralized hub automatically performs data collection, validation, and preparation tasks without manual intervention. The hub autonomously determines data availability, enriches data with additional information, and makes it ready for analysis and product development, dramatically improving productivity through automation.

Inventive Principle:
Principle #25Self-service

Data Source

PatentUS11907907B2System and method for centralized innovation framework
Publication Date: 2024.02.20 JPMORGAN CHASE BANK NA
  • US11907907B2 patent drawing
  • US11907907B2 patent drawing
  • US11907907B2 patent drawing

AI summary

A system and method for implementing a centralized innovation framework module are disclosed. A processor is operatively connected to one or more memories via a communication network. The processor creates a centralized web-based collaborative platform hub for collection of innovation ideas data from end users within an operation space and causes the centralized web-based collaborative platform hub to receive innovation ideas data from an end user related to development of an application. The processor also analyzes the received innovation ideas data establishes, based on analyzing, a connection between the centralized web-based collaborative platform hub and a development platform; migrates the received innovation ideas data onto the development platform; and creates a workflow on the development platform for tracking and managing development processes of the application.