{"id":12111,"date":"2019-05-11T11:00:09","date_gmt":"2019-05-11T10:00:09","guid":{"rendered":"https:\/\/www.engineernewsnetwork.com\/blog\/?p=12111"},"modified":"2019-05-09T11:29:48","modified_gmt":"2019-05-09T10:29:48","slug":"plextek-launches-new-innovation-business-unit-ignite-exponential","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/","title":{"rendered":"Plextek launches new innovation business unit \u2013 Ignite Exponential"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">UK-based engineering and design consultancy, Plextek is launching a new innovation business unit called <strong><a href=\"http:\/\/www.igniteexponential.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Ignite Exponential (opens in a new tab)\">Ignite Exponential<\/a><\/strong>, to help established companies compete with agile and fast moving start-ups that are driving new disruptive technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations in a climate of unprecedented uncertainty and aggressive competition. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In particular, the rise of new technologies such as Internet of Things, Artificial Intelligence and Machine Learning are dissolving the barriers to entry, enabling the rapid introducton of new product and service offerings and challenging existing business models.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ignite Exponential will build on the 30 years\u2019 experience <strong><a href=\"http:\/\/www.plextek.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Plextek (opens in a new tab)\">Plextek<\/a><\/strong> has working at the leading-edge of advanced technologies to help its partners navigate this changing landscape, through strategic innovation, future-focussed marketing, human-centric design and enabling technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alan Cucknell, who has been appointed to head up Ignite Exponential, summarises how IEX will bring a new approach to innovation: \u201cI\u2019ve spent my career helping global companies to innovate and seen how trying to create non-standard solutions to strategically important problems can lead companies to adopt standard processes, which can lead to standard results! <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;There is no silver bullet for strategic innovation in these increasingly complex times and it is too important to outsource. Instead, we will look to create hybrid, collaborative and cross-functional approaches that harness combined skillsets, tools and experience and help to build internal ownership\u201d.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nicholas Hill, CEO of Plextek adds: \u201cFront end innovation requires different mindsets, skills, processes and tools to downstream engineering. That\u2019s why Ignite Exponential draws on the specialist development processes, systems and capabilities that Plextek is well known for, to create a distinct offering \u2013 a front end innovation partner that is agile, multi-disciplined and experienced. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;While the units will work closely together, the teams, systems, environment and culture are independent, to focus on maximising the impact of our work.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, Ignite Exponential and Plextek will be able to partner with clients from defining innovation strategy through designing purposeful business models, platform and product solutions to developing final products and manufacturing to market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An alternative is for established players to innovate through acquisition, but this can lead to paying over the odds and result in costly mistakes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cMore than ever, innovation will determine the success or failure of established companies over the next decade &#8211; it is too important to be left to chance,\u201d says Alan Cucknell.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK-based engineering and design consultancy, Plextek is launching a new innovation business unit called Ignite Exponential, to help established companies compete with agile and fast moving start-ups that are driving new disruptive technologies. Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6196,6195],"class_list":["post-12111","post","type-post","status-publish","format-standard","","category-process","tag-ignite-exponential","tag-plextek"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network<\/title>\n<meta name=\"description\" content=\"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-11T10:00:09+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"Plextek launches new innovation business unit \u2013 Ignite Exponential\",\"datePublished\":\"2019-05-11T10:00:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/\"},\"wordCount\":411,\"keywords\":[\"Ignite Exponential\",\"Plextek\"],\"articleSection\":[\"Process\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/\",\"name\":\"Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\"},\"datePublished\":\"2019-05-11T10:00:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"description\":\"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/plextek-launches-new-innovation-business-unit-ignite-exponential\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Plextek launches new innovation business unit \u2013 Ignite Exponential\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\",\"name\":\"Engineer News Network\",\"description\":\"The ultimate online news and information resource for today's engineer\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\",\"name\":\"admin\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network","description":"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/","og_locale":"en_GB","og_type":"article","og_title":"Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network","og_description":"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations","og_url":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/","og_site_name":"Engineer News Network","article_published_time":"2019-05-11T10:00:09+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/#article","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/"},"author":{"name":"admin","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"headline":"Plextek launches new innovation business unit \u2013 Ignite Exponential","datePublished":"2019-05-11T10:00:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/"},"wordCount":411,"keywords":["Ignite Exponential","Plextek"],"articleSection":["Process"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/","url":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/","name":"Plextek launches new innovation business unit \u2013 Ignite Exponential - Engineer News Network","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website"},"datePublished":"2019-05-11T10:00:09+00:00","author":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"description":"Ignite Exponential (IEX) aims to bridge the innovation gap faced by market-leading businesses struggling to stay ahead and meet changing customer expectations","breadcrumb":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/plextek-launches-new-innovation-business-unit-ignite-exponential\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.engineernewsnetwork.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Plextek launches new innovation business unit \u2013 Ignite Exponential"}]},{"@type":"WebSite","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website","url":"https:\/\/www.engineernewsnetwork.com\/blog\/","name":"Engineer News Network","description":"The ultimate online news and information resource for today's engineer","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.engineernewsnetwork.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1","name":"admin","url":"https:\/\/www.engineernewsnetwork.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/12111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/comments?post=12111"}],"version-history":[{"count":1,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/12111\/revisions"}],"predecessor-version":[{"id":12112,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/12111\/revisions\/12112"}],"wp:attachment":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/media?parent=12111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/categories?post=12111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/tags?post=12111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}