The major goal of the ITEI project is the realization of a concept of a “Cyber Space for Product Innovation and Innovative Software Development”. Its sub-goals are:
- To assist software intensive product builders in selecting and tailoring the most appropriate innovation strategy depending on their context. We envision an approach by which each organization can define or select a suitable strategy, considering parameters such as type of innovation, partnership models, product complexity, available expertise, degree of maturity&hdots;
- To assist software intensive product builders to better manage the execution of its innovation projects in a swiftly changing development environment, monitoring and updating the status and progress of the projects and obtaining the necessary and sufficient knowledge to enable quick response and decision making concerning the projects’ performance and business goals.
- To assist builders to understand the new business opportunities offered by open innovation and web 2.0 technologies for their products.
- To include appropriate facilities, support and tools for product innovation, innovative project management and continuous improvement of the company-specific cyber rooms.
Supporting the goals, the technological objective is to develop a software environment (Cyber Room), through which the connected applications (existing workflows, groupware, business intelligence, innovation fostering games, project management tools, etc.) will be able to exchange and synchronize management models and performance data.