Introduction to innovation analytics

Book chapter, 2023

Innovation analytics (IA) is an emerging paradigm that integrates advances in the data engineering field, innovation field, and artificial intelligence field to support and manage the entire life cycle of a product and pro-cesses. In this chapter, we have identified several possibilities where ana-lytics can help in innovation. First, we aim to explain using a few cases how analytics can help in innovating new products to the market specifi-cally through collaborative engagement of designers and data. Second, we will explain the use of artificial intelligence (AI) techniques in the manu-facturing context, which progresses at different levels, i.e., from process, function to function interaction, and factory-level innovations.