Quote Of The Day
Focus on un-served segments – Ruiz, CEO AMD  Identifying an opportunity is the first step towards innovation. One has to read a pattern of what could be adopted by customers in the future. One of the easiest ways is to look at an existing product, and find ways to provide it to a wider audience that is presently un-served. This segment may aspire for such goods or services, but may presently have restricted access or affordability due to factors non-obvious to most people. If such factors could be uncovered by aspiring innovators - it would be the beginning of an innovative foresight!
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Millennium Ventures is an investment firm that holds invest-ments in companies that participate within the Healthcare, Security & Defense, Consumer & Industrial, New Media and Energy sectors. Millennium either renews acquired organizations or builds new ventures based on emerging trends and vibrant themes. Current themes range from need for real-time decision-making data in an uncertain economy, to growth of optical science based products in healthcare devices and defense.
The organization is unique in its ability to take operating roles at portfolio companies. Its portfolio companies have delivered products that includes, software for
decision-making based on real-time industry research, laser guides for smart
missiles, small fingerprint readers, blood analyzers, galvanometer based
scanners, energy efficient lighting for military transport, and media
creations. The firm adds value by deploying innovation management expertise and a new sustainable strategy for the next decade in the company's life cycle.
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| Our Growth Plan: |
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| Introduce processes, procedures and teams to build a strong infrastructure |
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| Refocus on the sustainable industry segments and exemplify substantial differentiation from peer competitors |
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| Deploy activity based costing to improve product economics both for customers and the company |
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