INNOVATION AS A SERVICE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Innovation as a Service Market, By Component (Solutions, Services), By Application (Product Development, Business Model Development, Workforce Development, Operational Excellence), By Organization Size (SMEs, Large Enterprises), By Industry Vertical (IT & Telecom, Healthcare, BFSI, Government, Manufacturing, Others), By Deployment Mode (On-premises, Cloud), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

Key Development

In 20 August 2022, Infosys, an IT Service Management company launched 'CobaltFX', an enterprise innovation-as-a-service platform to accelerate cloud-powered transformation for businesses. It provides on-demand multi-enterprise collaboration environment for businesses to accelerate innovation.
In November 2020, TCS, an Information Technology Company launched its Neural Automotive and Industrial Experience (NAIE) platform, an innovation as a service solution targeted at the automotive and industrial manufacturing sectors. It aims to help companies leverage emerging technologies like AI, ML, IoT, etc.

Key Strategic Initiative

In June 2021, Tech Mahindra, an Information Technology Company partnered with Pega, an American software company, to offer innovation-as-a-service solutions to help clients accelerate their digital transformation and deliver enhanced customer experiences.