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Innovation in the Electric Power Industry: Processes & Best Practices Mid-2018 - ResearchAndMarkets.com

January 25, 2019

DUBLIN--(BUSINESS WIRE)--Jan 25, 2019--The “Innovation in the Electric Power Industry: Processes and Best Practices Mid-2018” report has been added to ResearchAndMarkets.com’s offering.

The study is unique in its focus on insights on product/service innovation as it relates to companies serving the modern electric power industry. While the majority of the 55 survey participants are from North American organizations, there is some representation from international companies as well.

The participants in this study are from product planning and research units of large and very large manufacturers (35 participants), along with R&D officials from five major North American utilities and 15 officials from engineering consultancies and equipment testing organizations.

Topics Covered

1. Introduction

2. Executive Summary

3. Survey Findings

How would you best describe your job? How does your company define innovation? How does your company tend to innovate? Does your company have a written innovation strategy? Does your company consider other departments under Innovation than the typical Research & Development groups? Does your organization make a split between Research versus Development? What % of your company’s annual revenue is spent on R&D? To encourage innovation: what % of a typical week is allowed to work on the next big thing? Is there a formal process in your company to manage new ideas? If there is a formal process in your company to manage new ideas, what is the process? What percentage of ideas eventually become products? From where do you get product innovation ideas? What made you successful in innovation efforts? How do you motivate your people? How do you launch your new product? What would be useful for your R&D process? Are there any other experiences you can share that are useful to improve innovation?

4. Companies Participating in the Survey

ABB Aclara Cleaveland/Price CSA Group DEKRA Certification Doble Engineering Company E-Bridge Eaton EMD FirstPower Group Furukawa Electric G&W Electric Company GE HICO America Hubbell Power Systems Intertek Kinectrics MEPPI Mitsubishi Electric Myers Controlled Power PCORE Electric Company POWER Engineers Power Projects Leufkens Powertech Labs Prysmian S&C Electric Salt River Project Schneider Electric Siemens Technibus TenneT-NL The Durham VIL Xcel Energy and more...

For more information about this report visit https://www.researchandmarkets.com/research/rd34z6/innovation_in_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190125005385/en/

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Related Topics:Electricity

KEYWORD:

INDUSTRY KEYWORD: ENERGY UTILITIES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/25/2019 12:35 PM/DISC: 01/25/2019 12:35 PM

http://www.businesswire.com/news/home/20190125005385/en

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