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Innovation and its implementation
faberNovel is dedicated to innovation and its implementation. Our clients decide to call on us to handle any aspect of an innovation-linked project. We link together concepts, talents, technologies and the appropriate market to allow our clients, start-ups and industrial groups alike, to create prototypes or enable innovative companies to define and lead for successful strategies focused on innovation and development.
From idea to concept, to prototype, and to actual implementation, faberNovel applies its professional expertise, its specific innovation know how all the way to the launching of new products and services.
Strategic Experiments
Experimenting strategies is the core business of faberNovel XP. Imagining new concepts for products and services, working out experimental protocols, developing, testing and validating prototypes is what they do.
faberNovel Prototype assists contracting authorities (in expressing their needs) or acts as project manager (up to the implementation phase).
Development through innovation
Deconstructing/Reconstructing of value chains, disintermediation, emerging of new economic models or racing for setting standards; these are some significant examples of the changes companies need to grasp and anticipate in order to turn them to their advantage. From identifying opportunities to designing new products or innovating services, faberNovel assists its clients every step of the way, from conceiving to implementing their development strategy.
faberNovel Inc, American subsidiary
faberNovel strengthened its position in the Silicon Valley in January 2007 when it created its American subsidiary faberNovel Inc.
The PariSoMa offices are based in the heart of the digital capital and Paris sister city of San Francisco, keeping a constant contact with the vanguard of ICT, design, and environmental technology...
methodologies
Thanks to its multiple partnerships with Research laboratories (Orange Labs, Innovation Management Study Network, etc.), faberNovel was able to develop unique methods for carrying out growth strategies. These methods are conceptual frames. faberNovel may then offer tailor-made solutions based on flexible and reactive tools.
Identifying innovative opportunities of growth
In the context of a challenging and competitive environment, a technological and strategic monitoring of not just one but a variety of sectors is an absolute prerequisite to identify new opportunities for development.
faberNovel assists its clients to structure their monitoring tools, identify growth areas and imagine ways to exploit these new opportunities. We base our recommendations on the results we obtain from our monitoring of various sectors (in Paris and in San Francisco) and our expertise of the ICT field.
Monitoring is only efficient and useful when associated with analytical and evaluation tools. In that context, faberNovel assists its clients in identifying best practices and relevant performance indicators and in conducting competitive benchmarks.
Elaborating scenarios and plans of action
Defining a scripted plan of action doesn’t rule out all unknown factors pertaining to an innovation. What it does is formalize clear concepts as well as measurable and realistic objectives. Each plan of action is thus inherently unique.
Our intention is to provide clients with pragmatic and creative recommendations that address all the facets of an innovation: products or services (CAUTIC method aiming at testing the degree of adherence to an innovation before experiment), behavioral uses, business models and performance criteria.
Such recommendations are strengthened by the findings of our Research & Development department: publishing of studies on Open Source business models, social network best practices, facebook key factors of success, users’ willingness to display their private lives on the web (Sociogeek study based on 5000 online filled-out forms), etc.
Identifying potential partners and technologies
This is a critical step in the carrying out of an innovative project. It is often one that companies are not equipped to achieve on their own, lacking access to innovative technology that are developed by start-ups.
Very much involved in the Paris and Silicon Valley ICT ecosystems, faberNovel offers its clients access to its network of start ups, research labs, and key players (telecommunication companies, public authorities), and guide them into exploiting relevant and useful new technology.
Identifying, designing and developing economic models
Elaborating a business plan is a key action to build up a development strategy, mobilize teams, assess a project’s financial profitability or even to sponsor an innovative strategy to potential partners.
Our Project Analysts are convinced that a business plan constitutes both an assessment tool of financial profitability as well as a strategy tool through which relevant and essential issues are addressed.
Our strong involvement in the ICT field that is often in the vanguard of other industries provides us with an extended knowledge of the various revenue models and a regular practice of business plan elaboration, whether in the context of missions for our clients or of our consistent and operational support of faberNovel federation start-ups.
Providing clients with digital market data
In the context of research and canvassing, faberNovel generates statistics, analysis and studies on the digital market. Such resource is not easily accessible to companies and provides enlightened insight to our clients when elaborating their development strategies. This data is made available by subscription.
Providing operational support of innovative projects
The display of a strategy is only measured by the success of its concrete execution. faberNovel supports its clients during the operational phase of their innovative project so that it remains coherent with the objectives of the original strategic plan.