Take a business leader approach and start with the four “Ps” of innovation—paradigm, process, position and product.
How many digital cameras are sold each year
According to LensVid which regularly performs this type of sales analysis using CIPA (opens in new tab)data, between 2019 and 2020, the number of cameras sold each year dropped by a whopping 40% from 14.8 million to 8.7 million.
Why are digital cameras in short supply
The factors involved include the impact of the global shortage of semiconductors, difficulties with procuring key parts, the impact of Covid pandemic and a high demand that may outstrip the supply of imaging products around the world.
What is innovative model
An Innovation model provides a detailed framework to identify, advance, and implement ideas. Thus, focusing on adopting methods to create the needed value.
What are the 3S of opportunity
SEEKING, SCREENING, and SEIZING 3S of Opportunity Spotting and Assessment is the framework that most of the promising entrepreneurs use to finally come up with the ultimate product or service suited for specific opportunity.
Why is Interfunctional cooperation important for product development
Interfunctional cooperation is important for new product design because it takes into account multiple disciplines and point of views that can aide in the success of the overall design.
How big is the camera industry
The camera industry market size was valued at $8.2 billion in 2021. Key markets in the digital camera industry are interchangeable lens cameras, digital single lens reflect cameras, compact digital cameras, mirrorless cameras, and digital rangefinder cameras.
What is the 5 point test for opportunity screening
5-Point Test for Opportunity Screening Customer – Is the market real? Timing – is it big enough?
Finance – Can it be profitable? Product – Can we differentiate?
What are the stages of technology life cycle
There are four phases of the Technology Life Cycle, including Research and Development, Growth, Maturity and Inevitable Decline.
The key aspects of each phase are outlined below: Research and Development: During this stage costs far outweigh the return and the technology’s future is still uncertain.
What are two main types of digital photography in use today
All digital image files fall into one of two categories: vector or raster.
What are the three main pillars of exposure?
- Shutter Speed
- To produce a photograph or video you must use the exposure triangle in order to balance aperture, shutter speed and ISO, and as a result, control how long and how much light enters the camera sensor