Driving Innovation: Advanced Materials Systems

An Advanced Materials Systems approach can help guide manufacturers beyond the frontier of inventing new molecules and materials into the realm of functional solutions as a new source of growth and innovation.

Abstract
Recently the Deloitte Touche Tohmatsu Limited (DTTL) Global Manufacturing Industry group published a report on Advanced Materials Systems, defined as specific combinations of materials, process technologies, partnerships, and business models that together, through system-level engineering, help create and capture value by addressing global unmet needs and wants.1

The Advanced Materials Systems framework (see sidebar below, Advanced Materials Systems (AMS): Key concepts and terms) provides insights into innovation and strategies for the effective and efficient development and commercialization of products and technologies. The purpose of this monograph is to focus on the dimension of innovation. Specifically, it describes how Advanced Materials Systems enable innovation by breaking existing trade-offs between the cost and performance of functional solutions enabled by materials technologies. In this way, Advanced Materials Systems can expand the realm of the possible to create significant value in the marketplace.

Click here to read the full report by Duane Dickson, Tom Aldred, and Jeff Carbeck as published in Perspectives on Innovation.