Startup Studio Services in Stockholm in cooperation with Innvation Lab

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  • Startup Services
  • Innovation
  • Product Development
  • Software Development
  • Co-development with remote teams

"Together we make the impossible possible"

 

Source of Lean Startup: A revised & extended version of Dave Landis schema by AXA Digital Agency

Startup Studio Services

Innvation Lab

Innvation Lab is a specialized software lab grown out of Innvation in Estonia. Innvation Lab is now offering Startup Services in Stockholm, Sweden in cooperation with Innvation / Innvation Lab in Estonia, Finland and Ukraine. Innovation power via an innovation lab to grow the value of startup companies. We have more than ten years of experience from business and technology competence in a startup culture. 

Innvation Lab specialities:

Startups, Software development, Java, Javascript, Python, Machine learning, Blockchain, Microservices, Mobile, UX/UI, Web, Restful API, Distributed storage, Product development and AI.

We believe that motivated team is a key to building a successful product. Maintaining motivation is tightly related to satisfying three innate psychological needs: competence, autonomy, and relatedness. For us this means, but not limited to: flat team structure, transparency, engagement, opened channels of communications, encouraging accountability, trust, enabling flexible hours and remote work, infrastructure that supports all of it. We bring actual value to our customers and "together we can make the impossible possible". 

We can help you build the technology and parts to power your innovation, product and develop your business, customers and market areas. We are specialists in co-development and use of remote teams.

Using the technology and data to power innovation

An example of an innovative area where Innvation Lab has excellent experience:

Machine Learning - “The science of getting computers to act without being explicitly programmed”

Machine Learning has significantly changed the way we solve certain tasks. We no longer need to create algorithms that perform complex tasks. Now, we build algorithms that can learn how to perform those tasks themselves and make datadriven predictions and decisions.

Some of our engineers at Innvation Lab started using Machine Learning back in late 1990’s and were pioneers in developing pattern recognition algorithms. Now every team member clearly understands how to effectively use Machine Learning, and we strongly believe that it is an essential tool for a technology provider.

Classical Machine Learning (meaning Non-Neural Network) algorithms are often more suitable for solving clearly defined problems. It does require meticulous feature engineering and data preparation, but they can be very effective on limited datasets, as well as significantly outperform Neural Networks.

We have created several classical algorithm solutions for enterprises and startups across US and Europe that are currently solving real-world tasks such as anomaly detection, classification, and forecasting.

There are certain problems in specific domains that require using Deep Learning (Neural Network) algorithms, but the successful implementation of such algorithms hugely depends on the availability of sufficient amounts of data, and very often this results in setbacks.

Why Innvation Lab?

We would like to help you and your company to further successes. Have you got time for a short call or a meeting to discuss possibilities?

Contact Innvation Lab in Stockholm or for more information see Innvation Lab web

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Research and Innovation in your Startup?

Lean Startup - Leanstack

What is a lean startup? According to Investopedia:  "A teachable and learnable method for creating success when founding a new company or when introducing a new product by an existing company. The lean startup method advocates developing products that consumers have already demonstrated a desire for so that a market will already exist as soon as the product is ready rather than developing a product and then hoping that a market will grow around it."

A popular methodology used is often the Lean Canvas tool for business planning and business model creation by Leanstack.com  

Spend more time building vs planning your business

Spend more time building vs planning your business

The Leanstack model is adapted from Strategyzer's business model canvas see this page for comparison.

Overview of the Leanstack model

Lean canvas overview

Lean canvas overview

STEP 1 - APPROACH CUSTOMER SEGMENTS AND PROBLEM

STEP 1 - APPROACH CUSTOMER SEGMENTS AND PROBLEM

STEP 2 - THE UNIQUE VALUE PROPOSITION

STEP 2 - THE UNIQUE VALUE PROPOSITION

STEP 3 - YOUR SOLUTION

STEP 3 - YOUR SOLUTION

STEP 4 - YOUR CHANNELS

STEP 4 - YOUR CHANNELS

STEP 5 - EXPERIMENT WITH YOUR COST STRUCTURE VS. REVENUE STREAMS

STEP 5 - EXPERIMENT WITH YOUR COST STRUCTURE VS. REVENUE STREAMS

STEP 6 - YOUR KEY METRICS

STEP 6 - YOUR KEY METRICS

STEP 7 - UNFAIR ADVANTAGE VS. COMPETITORS

STEP 7 - UNFAIR ADVANTAGE VS. COMPETITORS

Ideate, validate, and grow your biggest ideas across unlimited projects. Ideal for small teams and startup. I recommend downloading the guide for the model here and also read the excerpt from the book Running Lean.

If you need further guidance, contact us, we are a Leanstack Business user with the following features:

  • Unlimited projects
  • Unlimited Lean Canvases
  • Online courses on business modelling, Lean Startup, and more
  • Lean Sprint boards for business model validation and experiments tracking
  • Guest account for read-only and commenting access
Snapshot of online tool

Snapshot of online tool

Contact Us 

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Lean Startup - Development Phases

LEAN STARTUP DEVELOPMENT PHASES. SOURCE OF LEAN STARTUP: A REVISED & EXTENDED VERSION OF DAVE LANDIS SCHEMA BY AXA DIGITAL AGENCY

LEAN STARTUP DEVELOPMENT PHASES. SOURCE OF LEAN STARTUP: A REVISED & EXTENDED VERSION OF DAVE LANDIS SCHEMA BY AXA DIGITAL AGENCY

The Process:

Paint point - get to the paint point & create your ideal customers and journey map

  • Listen to people you want to address
  • Focus groups, interviews
  • Create personas for your users
  • Develop your customer journey map

Resolve

  • Collaborate and build your product in an interative and progressive way
  • Use an active customer feedback loop to learn how to progress

Grow

  • Acquisition, Activate, Retention, Referral
  • Revenues

Ideally a viral growth with a product that distributes itself.

Here's an excellent example of a presentation from AXA Digital Agency that illustrates the activities:

 

To further explore individually and share / review / update as a team the Lean Startup modelling, see the Startup Science® Toolkit v 1.2 that you can copy here. This is an editable educational Google docs document where you can apply post-it notes.

A 72 PAGE TOOLKIT

A 72 PAGE TOOLKIT

There is a progress page for you to check how far you have come with the process.

Progress steps - Idea - Proof of Problem - Proof of Market - Proof of Scale

Progress steps - Idea - Proof of Problem - Proof of Market - Proof of Scale

The following modules are available in the tool

Inception, Business Modelling, Experimenting, Customers, #Immortality, #Storytelling, Universal Pitch Deck, #Hustling, #Building, #Meetings

Inception, Business Modelling, Experimenting, Customers, #Immortality, #Storytelling, Universal Pitch Deck, #Hustling, #Building, #Meetings

 

Innvation Lab specializes in the following development phases and can also do co-development of the early phases.

Development Phases:

  • (Remote) Design Thinking
  • Lean UX
  • Agile
  • Growth Hacking

For your development needs, contact Innvation Lab in Stockholm or for more information see Innvation Lab web.

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Resources - Tools - Templates

See the page for Resources.