The UIPC-Monitor tool for augmenting idea maturity with proofs of Utility, Innovation, Profitability and Concept.

Summary A lot of work is done on ideation metrics but less is done for innovation metrics, i.e. monitoring an ideation process with the goal of augmenting idea maturity and increasing likelihood for the idea to be transformed into an innovation success on the market. To that aim, metrics of utility, profitability and proof of concept (feasibility) are considered along with innovation (novelty). This set of four metrics is used to dynamically investigate the probability of ideas to get high impacts on Utility, Innovation, Profitability and Concept (UIPC). The collection of new arguments is driven by the search of a sufficient certainty to get a satisfactory UIPC impact. Idea maturation process may be justified and traced, and idea selection facilitated and accelerated. This process is applied for developing an innovative smartphone application that can monitor health parameters.