Innovation Process and Risk Management: Role of Big Data and Digital Transformation

Rahul Maharsia

Global Director of Research and Development at Filtration Group

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43:14

Porex has implemented a robust Front End of Innovation process that helped generate numerous valuable ideas in a short time. We have also focused heavily on the Back End of Innovation to ensure proper selection of ideas for project execution while minimizing risk to the business. Our vision is to execute these projects at maximum speed and minimum risk through a combination of traditional risk management strategies (project management) as well as through digital transformation and Data Analytics.


Key Takeways:



  • Idea Generation/Selection

  • Digital Transformation Big Data for materials R&D


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