Alar Kolk
President, European Innovation Academy, Nice, France
Feb 20–Jun 20, 2017. Working with Sharad Goel, Dept of Management Science and Engineering.
Increasingly, companies pursue digital transformation. But few have already transformed capabilities from digital to an autonomous state. How do we organize an autonomous innovation process in an enterprise? AI applications exist already in manufacturing, consumer products, finance, management, and medicine. Exactly how AI is transforming the product design process is an important and complex question, but one that it not yet widely explored. Today there are number of challenges in product engineering that require the development of autonomous (AI based) innovation capabilities: shorter product life cycles, rapidly changing customer needs and expectations in this highly competitive global business environment. A fully autonomous innovation capability provides sustainable competitive advantage.