Wellspring Blog

Knowledge assets are the critical inventions, patents, or personal expertise that catapults your innovations to market. This could be a collaborative discussion or the discovery of a new formula leading to your company’s most competitive product. In an increasingly innovative world, companies must... Read More

“You Need an Innovation Strategy” is the title of a recent article in the Harvard Business Review; it is also a statement of fact. An organization without one is, as author Gary Pisano notes, a “grab bag of much-touted best practices” that will only become successful through sheer luck. Pisano put... Read More

For the past three decades manufacturing firms have embraced supply chain management as the backbone of a scale-driven, competitive, and increasingly global economy. The value of a streamlined process was first demonstrated when Sakichi Toyoda implemented the Toyota Production System (TPS) in the... Read More

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Wellspring is a pretty entertaining place to work. With all of the passionate people here, focusing on exciting projects, it’s hard for me to nail down my favorite thing about what we do. Read More

Few people can start a buzz quite like Elon Musk. Even his cars get people to stop and stare as they drive down the street. Me? I actually offered a guy at my gym money if he’d let me drive his Model S around the block. (He declined. Turns out if you spend $70,000 on a car, you’re not willing to... Read More

Last week Barcelona was the place to be with both the colossal Mobile World Congress and the much more targeted Breakthrough Innovations (BI) conference. BI was focused on innovative product development with product leaders from a range of industries, including telecom to consumer products to... Read More

I'm delighted to announce today that Wellspring has closed a $5M round of growth capital led by MK Capital. We concluded 2013 with our strongest year to date, posting substantial, profitable growth in each of our major sectors: academic markets, corporate innovation / R&D, and health care.... Read More

One of the biggest challenges in PLM is the integration of eBoMs with mBoMs to create a more efficient SCM while managing the growing complexity of your MPM as it relates to a broader PDM strategy. Read More

A large number of papers, books, and blogs have touted the value and amount of investment devoted to Open Innovation. The focus has been the latest types of programs, case studies on particular companies, and “best” practices. However, a recent study has tried to measure the R&D performance from... Read More