Overcoming Challenges in Engineering Simulations with Prith Banerjee of Ansys
Innovation isn't just about the next big idea; it's about fostering a culture that brings those ideas to life. This week, David Wright is joined by Prith Banerjee, CTO at Ansys, to delve into the intricacies of driving innovation in large organizations. They explore the importance of leveraging external disruptive innovations and balancing academic research with practical applications. Prith shares insights on understanding customer pain points, creating markets for disruptive innovations, and strategies for scaling innovation from startups to large companies. Discover how large companies can adopt open innovation and the significance of Horizon 1, 2, and 3 innovations.
Key Takeaways:
(02:00) Prith Banerjee’s journey from academia to leading R&D in large companies.
(03:05) The importance of open innovation and partnering to drive disruptive innovation.
(05:46) Lessons learned from transitioning innovations from academia to industry.
(08:53) Starting with a customer problem to drive innovation.
(10:00) Identifying and solving customer problems as the key to successful innovation.
(14:24) The value of partnerships and collaboration in scaling startups.
(20:00) Overcoming funding challenges and learning from failures.
(24:57) Prith Banerjee’s book, Innovation Factory, on fostering disruptive innovation in large companies.
(35:47) How Ansys helps customers in various industries through modeling and simulation.
(40:25) Democratizing simulation to make it accessible for all users.
Resources Mentioned:
Thanks for listening to the Disruptive Innovators podcast. If you enjoyed this episode, hit the subscribe button and never miss another insightful conversation. And be sure to leave a review to help get the word out about the Champions of Digital Business.
#DisruptiveInnovation #Innovation #DisruptiveTech #DigitalBusiness
