Enterprise Innovation Calculator

As a data driven company, we believe that innovation spending shouldn't be a guessing game. After working with a large number of companies, we’ve found that the vast majority had no idea what they are spending on innovation, nor what the best way to calculate it is. This is why we have decided to build this calculator, using our experience supporting enterprise innovation, and we have shaped it around typical workflows and resource allocations within enterprises today.

We hope you enjoy it!

Breakdown of Work Hours Required for Each Step of the Innovation Process
Phase 1. Project Preparation and Planning
Total Number of Hours for This Phase
0
Total Number of Hours for This Phase
0
Number of Weekly Hours for Each Step
Business Roles Technical Roles
Director VP CXO: e.g CEO, CIO, CISO Manager: Risk Manager, Project Manager Analyst Developers: Full Stack, Dev. Ops. Architect: Enterprise Architect, Data Architect
Identify a Challenge/Need/Opportunity
Form a Steering Committee
Perform a High-Level Needs and Existing Systems Analysis by Interviewing All Stakeholders.
Develop a Detailed Project Plan Including a Clearly Defined Use Case.
Obtain Executive Support
Phase 2. Request For Information/Proposals (RFI/RFP) and Initial Demonstrations
Total Number of Hours for This Phase
0
Total Number of Hours for This Phase
0
Number of Weekly Hours for Each Step
Business Roles Technical Roles
Director VP CXO: e.g CEO, CIO, CISO Manager: Risk Manager, Project Manager Analyst Developers: Full Stack, Dev. Ops. Architect: Enterprise Architect, Data Architect
Research and Identify Potential Vendors
Send Out RFI/RFP Requests, and Conduct Interviews with Your Prepared List of Vendors.
Compare Responses and Reduce the List to a Select Number of Vendors
Conduct Software Demonstrations and Zero-in on Short List of Final Candidates
Phase 3. Proof-of-Concept Testing
Total Number of Hours for This Phase
0
Total Number of Hours for This Phase
0
Number of Weekly Hours for Each Step
Business Roles Technical Roles
Director VP CXO: e.g CEO, CIO, CISO Manager: Risk Manager, Project Manager Analyst Developers: Full Stack, Dev. Ops. Architect: Enterprise Architect, Data Architect
Send Legal and Risk Requirements
Develop Detailed Test-Case Including Evaluation Metrics and KPIs that Solutions will be Measured Against
Generate APIs to Ensure Tested Solutions can Communicate with Your Legacy Systems
Collect and Anonymize Test Data to be Used by the Vendors
Configure Secure PoC Testing Environment for Each Vendor
Perform PoC with Each Vendor on the Short List
Phase 4. Proof-of-Concept Analysis and Evaluation
Total Number of Hours for This Phase
0
Total Number of Hours for This Phase
0
Number of Weekly Hours for Each Step
Business Roles Technical Roles
Director VP CXO: e.g CEO, CIO, CISO Manager: Risk Manager, Project Manager Analyst Developers: Full Stack, Dev. Ops. Architect: Enterprise Architect, Data Architect
Review, Evaluate, and Compare PoC Results Across the Different Solutions
Calculate Overall Weighted Score Analysis for Each Vendor
Select Vendor of Choice to Move Forward with
Infrastructure Components Required for Testing and Evaluating Software Vendors
Environment
Location of Testing:
On Prem
Number of Instances 12 instances 36 instances 90 instances
Total Computing Size 12 cores (12 core per CPU, single CPU) 36 cores (18 cores per CPU, Dual CPU) 36 cores (18 cores per CPU, Dual CPU)
Total Memory (GB) 64 192 384
Quantity
On the Cloud
Duration of Testing (Days):
Number of Instances 12 instances 36 instances 90 instances
Total Computing Size 24 vCPU cores 72 vCPU cores 180 vCPU cores
Total Memory (GB) 48 144 360
Quantity
Results
Results
Total Cost per PoC
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