Social Media and Product Innovation

Early Adopters Reaping Benefits amidst Challenge and Uncertainty

by Amy Kenly and Bill Poston on January 31st, 2011

This white paper explores social product innovation trends, shares results and use cases from our research and provides practical recommendations for companies looking to get started.

Social media and social technologies are rapidly changing the way we communicate, collaborate and build relationships on a personal level. Yet companies struggle to find effective ways to take advantage of social technologies to enhance product innovation and product development processes.

To understand how social media is impacting product innovation, Kalypso surveyed over 90 manufacturing and service companies followed by in-depth interviews of select businesses. The goal of the research was to better understand how the worlds of product innovation and social media are coming together to provide new business value in the form of social product innovation.

Topics: E 2.0, E20, Enterprise 2.0, FEI, Front End of Innovation, Innovation, New Product Development, NPD, NPI, Perspective, PLM, PLM Strategy, Product Development, Product Innovation, Product Launch, Product Lifecycle Management, Product Management, Social Computing, Social Innovation, Social Media, Social Networking, Social Product Innovation, Web 2.0

Amy Kenly

About the Authors

Amy Kenly, Social Media & Analyst Programs Director Amy is an equestrian, a Red Sox enthusiast, and is addicted to Cheez-Its and Swedish Fish. Read more articles by Amy Kenly

Bill Poston

Bill Poston, Founding Partner Bill is the managing partner of Kalypso, the president of the Stelos Alliance, has lots of kids, and his mother thinks he is "special". Read more articles by Bill Poston

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