About Us

Innovation Vault Applications Products & Services Private Limited (IVAPS) was founded in 2004 to function as a private research laboratory to offer and promote independent collaborative research and innovation services to the enterprises across the industries.

IVAPS aims at enhancing the innovation potential of its business partners by establishing high quality innovation research centers which are capable of providing an integrated range of captive technology applications, products and services.
 

In most of the bygone century, R&D was completely ordained for the core business innovations and was funded and executed entirely internally. The practice of developing innovative technologies exclusively for internal consumption is now thrown obsolete with an advent of rapidly evolving robust global intellectual property (IP) imperative as evident from the burgeoning growth of patents, leaving exclusive closed innovation model a no longer sustainable option.

The new imperative riveted on the notion that one should seek internalization of external IP and profit from externalizing own IP is largely touted to have given fuel to open innovation practices that eventually shift the firms towards adopting new approach to R&D that goes beyond leveraging the resources available within the organizational realms. Open innovation is a new paradigm for corporate innovation, in which firms focus on identifying, exploiting and integrating external knowledge resources into their internal research activities.

Organizations are overcoming long prevailing internal organizational resistance to seamlessly connect with external independent research units to significantly boast the returns on their investments in research and innovation.

IVAPS brings years of extensive experience and competence in designing and operating best-in-class independent research centers to help provide integrated range of captive technology applications, products and services and stimulate the innovation potential of your firm by manifolds.

IVAPS Research Laboratory (IRL) is a research arm of IVAPS that works very closely in association with the research centers of our clients and acts as an innovation catalyst while offering cutting edge research, applications, products and services. Based in Bangalore (India), IRL is determined to leverage the low risk virtual global delivery in communion with high quality research and engineering talent to maximize the returns on your investments in research and Innovation.