THE INNOVATION SCOUT
More than ever before companies are working with startups and other participants in the Innovation Marketplace to help them reach their innovation goals faster and with less risk. Startups help companies like yours see what is possible with emerging technologies and a fresh new approach to the market. The Innovation Scout is a Software as a Service (SaaS) platform that helps corporations to discover, engage and run pilots with startups and open research. What is special about our platform is the use of artificial intelligence (AI) to match relevant startups with corporate business challenges.
Why Work With Startups?
Industries are being disrupted by startups. 82% of businesses believe working with Startups is "somewhat critical" to their business. Business models have become transitory. There is no systematic or cost-effective way for corporations to find, test, and integrate emerging technologies and new business models. As an example, the Financial Services industry stands to lose $150B to Startups in the coming years. Corporations and Startups are working together in new important ways. Working with Startups and other available intellectual property allows corporations to innovate cost effectively and recognize gains within shorter intervals. Startups get to market more quickly and give mature businesses a front row seat to new ideas.
Meet the Team
The Innovation Scout team is made up of experienced entrepreneurs, corporate executives, and university academics.
CEO and Co-Founder, Annette Tonti is an executive with over 30 years of corporate and entrepreneurial experience. As founder and CEO of 3 high-tech startups, she has developed early stage businesses and raised over $30M from Venture and Angel investors. Early in her career she delivered digital strategies to Fortune 1000 businesses, ran a global program for the MIT Media Labs and led operations for a global telecommunications consultancy. She is an accomplished business leader who has a 'thing' for inventors and inventions.
Dr. Lutz Hamel, Machine Learning and Big Data Advisor, is Associate Professor Computer Science and Statistics at the University of Rhode Island. He is a veteran software professional, computer scientist, and author with more than 30 years of professional and academic experience. He is the author of the industry leading book “Knowledge Discovery with Support Vector Machines” published by Wiley. In addition to his book, Dr. Hamel has over 50 publications in the areas of programming languages, machine learning, and data mining.
Michael Glavich is Chief Business Accelerator & Change Catalyst for The Innovation Scout. He excels at helping companies combine digital strategy and emerging technologies to achieve market leadership. He is the innovation leader whose concepts have led to the original Big Data company; AC Nielson, creating Nielson’s Confectionary Index. The Killer App folks; Diamond Technology Partners, for emerging electronic payment offerings; and the inventors of business process re-engineering, CSC/Index, for the concept ‘Farm as a Factory’ for a global agriculture/manufacturing leader.
Joel Evans, Co-Founder N-Powered. Alexa Champion. Joel has 20+ years of experience and expertise with ‘Alexa, Echo, AWS, mobile, wearables, and voice technologies’. n-Powered is a firm dedicated to ‘empowering universities to address the challenges along the student journey, from pre-enrollment through Alumni’. Joel has a long history of transforming and advising companies using the latest technology, having been the Co-Founder and ‘chief geek’ of geek.com, and more recently the Co-Founder and VP of Digital Transformation for Mobiquity, Inc. Joel is also a Super Advisor to The Innovation Scout, a SME and Leader for our VOICE EDGE community.
Vernon Rauch, Co-Founder, is a serial entrepreneur with the operational leadership and clarity in business vision that allows him to conceive and execute on business strategies and new business opportunities.
Vernon has a deep understanding of the objectives, priorities, and challenges facing contemporary business executives, with an equally deep understanding of emerging technologies, new business models and the startup community.
Dr. Nick Vitalari, Thought Leader, Educator and Health Care Expert, A pioneer in the evolution of Digital Strategy, Dr. Vitalari is the co-author of the global best-selling book: The Elastic Enterprise: The New Manifesto for Business Revolution. Dr. Vitalari’s work focuses on corporate reinvention, emerging global business models, innovation, and collaboration across the public, private and academic sectors. With over 25 years of experience; he has served the Fortune 500, major agencies in the U.S. Federal Government and currently serves as Advisory Board Member for the UC Irvine Center for Digital Transformation and, Senior Fellow and Professor for the Carlson School of Management, Univ. of Minn. Reflecting his expertise in how technology will impact industry, his most recent articles focus on the future of Healthcare and have been published in the American Journal of Medical Research.
Matt Flanagan, Innovation Strategist, Agile Marketer, Design Thinker. Matt is a proven entrepreneur and business leader with more than 25 years of experience building companies and helping clients develop innovative brands and high-impact marketing programs. Working with international, domestic and cross functional units, he designs data-driven, omni-channel lead generation programs and corporate messaging platforms that increase sales and differentiate brands. He specializes in financial services and technology and regularly runs executive-level strategy and design thinking workshops for clients. He has won multiple business plan competitions and is considered an early innovator in the InsurTech and data analytics sectors.
Joe Jaffe, Thought Leader, Founder Evol8tion One of the most sought-after consultants, speakers and thought leaders on innovation, marketing, new media and social media, Joseph Jaffe is Founder and CEO of Evol8tion, an innovation agency that connects early stage startups with established brands to partner via acceleration, pilot programs and/or investment. Evol8tion’s clients include Mondelez International, Kraft Foods, Time Warner Cable, Zenith Optimedia and Jarden Consumer Solutions. Joe has published 5 books including his latest, "Built to Suck" as well as "Life after the 30-second spot", "Join the Conversation", "Flip the Funnel,” and "Z.E.R.O." Joseph’s impassioned and straight-shooting perspectives have found their way to every major media outlet, including the likes of CBS, ABC, Bloomberg, NPR, WSJ, New York Times, USA Today, Fortune, Ad Age, Adweek and more.
Brad Power, Lean Startup, Process Innovation Expert, As one of the original thought-leaders behind the concepts of business reengineering; Brad Power is a global subject matter expert on Lean Startup, Process Innovation and Digital Strategy Transformation. Mr. Power’s consulting and research expertise has resulted in more than 86 articles published in Harvard Business Review focusing on the future of innovation, digital strategy and continuous, agile process. From his early days working with Michael Hammer in the 1990s to his more recent experience at the Lean Enterprise Institute, Brad has had a passion for developing continuous improvement as an element of corporate culture. Brad has international experience in 18 countries and across many industries. He has worked on re-engineering initiatives – large and small – as well as on a number of successful digital strategy transformation projects.