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Home > The InnovaBuzz Podcast > InnovaBuzz Episode #11 – Govi Rao from Noveda Technologies
Podcast: The InnovaBuzz Podcast
Episode:

InnovaBuzz Episode #11 – Govi Rao from Noveda Technologies
Category: Business
Duration: 0
Publish Date: 2014-11-19 03:10:47
Description:



































In this episode number 11 of the InnovaBuzz podcast, Govi Rao from Noveda Technologies, tells us about how Noveda use Big Data to help their clients save on electric and water consumption. Listen to the inteview to learn what Govi shared with us on the podcast.










Watch the Video




















Today we are giving away a copy of Peripheral Vision by George Day and Paul Schoemaker, which Govi has very kindly donated. Leave a comment under the video and tell us how you can use the idea of organizational vigilantes to support your business strategies and growth. I'll get Govi to swing by in a few weeks and award the prize.










Show Highlights




Some of the highlights of this episode include:

Looking carefully at the life cycle cost of a product as opposed to the acquisition cost, gives a much better indication of its value.
The ability to EASILY collect data, collate data, analyse that data and understand what it tells us is fundamental to better understand behaviour, educate and eventually change behaviour.
Noveda has developed the Make Me Sustainable platform - which is a social network tool, to engage the whole community in energy and water savings, through education, peer comparison and experience exchange and a sense of competition.
Govi talks about the dual challenges of keeping great people on the team, in a start-up where perhaps the monetary compensation could be better elsewhere and getting a sustained level of investment until the business becomes self-sustaining.  He has clear approaches to both challenges.
Market paranoia or organizational paranoia is something that drives people to probe and look outside and stay connected with the market, which drives innovation. That's the concept of Peripheral Vision that Schoemaker and Day.





The Buzz - Our Innovation Round




Here are Govi's answers to the questions of our Innovation round. Watch the interview to get the full scoop.

#1 thing to be innovative – Be connected to world: the suppliers, the competitors, the customers, the end-users, the decision-makers.
Best thing for new ideas – Create a meaningful dialog with our strategic customers..
Favourite tool for innovation – Project reviews every Monday; communicate, communicate, communicate; customer input, market input.
Keep project / client on track – Face-to-face review process with milestones and strong customer relationships.
Differentiate – Don't make innovation a product of chance. Make sure there is a process, even as informal as it may be, that ties in all the stakeholders in a dialog and that your own team, with the market, the competition, your customers, your enablers, your channel partners, are all involved.





Reach Out




You can reach out and thank Govi via Noveda Technologies’ Website, via Twitter or via email at grao@noveda.com




Suggested Guest




Govi suggested I interview Paul Shoemaker,
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