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Product and Service Innovation
The EY Studio+ approach to product and service innovation helps you accelerate the innovation of your product or service portfolio and create new customer value propositions that help you move toward a sustainable future.
Adaptive product and service portfolio
Conduct continuous assessments to align offerings with evolving customer needs and market opportunities.
Sustainable innovation
Develop innovative business models and collaborations that drive growth while supporting a sustainable future.
Reduced innovation risk exposure
Integrate design, data and engineering with risk insights to deliver viable, customer-centric solutions efficiently.
Your business challenge
In this rapidly changing world, companies need to reimagine growth both inside and outside their traditional capabilities. The need to develop more innovative business models, solutions and collaborations to maximize present and future talent, and markets and customers have forced organizations to ask the following questions:
Is our product or service portfolio right for our customers’ needs today and in the future?
How can we innovate our offerings to remain competitive?
How can we combine our goals with the goals of a sustainable future?
How can we resolve our current product or service portfolio that is underdelivering?
How can we structure and organize for innovation?
How can we decrease risk across our portfolio developments and innovation process?
Our latest thinking
Inside the life sciences CFO playbook
Jubilant Ingrevia’s CFO shares how the finance function uses data and AI to improve pricing, forecasting and decision-making in a regulated, tech-driven environment.
16m 23s
Finance at the heart of retail transformation
Learn why finance transformation is essential to retail growth, how leading organizations drive finance transformation, and the future shaped by finance transformation.
18m 14s
How Indian CEOs are balancing optimism, transformation and resilience
Indian CEOs prioritize AI, talent retention, and transformation in 2025: 88% optimistic about business prospects, focusing on customer engagement and innovation. Learn more.
How EY can help
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Accelerate revenue, drive transformative experiences and realize operational efficiency with Customer and Growth Services.
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Discover how EY's customer engagement services can help your business improve sales & service productivity as well as maximize return on marketing spend.
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EY Commercial Transformation offerings help businesses reignite growth by optimizing sales, marketing ROI, & deploying strategy, analytics, & capabilities.
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EY’s Direct to Consumer for Consumer Products, can help your business meet the changing needs of consumers. Find out how.
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Solution features and functionality
EY Studio+ teams can help improve your organization’s method to innovation by balancing bold future-back thinking with techniques that reduce risk through the new product development lifecycle. The Product and Service Innovation delivery approach is spread across three phases:
Why EY Studio+
The EY Studio+ approach to product and service innovation can help you develop an actionable strategy to grow your business, and design products and services that satisfy emerging needs and address the challenges for a sustainable future.
Alliance relationships
The alliances and ecosystem relationships with the following companies help us deliver high-impact product and service innovation: Adobe, BluePrism, Microsoft, Pegasystems, P&G, SAP and ServiceNow.
