Innovation in Product Development

 It’s a smart world after all.

As the product development industry heads into 2023, the team at ARRK North America, Inc. are ecstatic about this well overdue return to a sense of normalcy. And, while we continue to navigate this new world outlook, ARRK kicked the year off right by attending CES® 2023 in Las Vegas this past January. Joined by over 115,000 industry professionals in attendance, the ARRK North America team was full boots on the ground ready to partake in all the activities CES® 2023 had to offer. It came as no surprise that ARRK’s exceptional Sales team was excited to return to these in-person gatherings, and while catching up with longtime customers was at the top of the team’s list, the focus was to keep a close eye on the market and what the upcoming trends are. As the world continues its traverse through this new era of wellness, health awareness and family prosperity, it is no surprise that the smart industry was featured as the leader of the trend pack. With an emphasis on in-home health, security, and wellness devices, it is safe to say that this trend isn’t veering off course anytime soon.

ARRK North America, Inc. continues to be at the forefront of product development innovation, and the smart home market is no exception. For over two decades, ARRK has worked hand-in-hand with top-notch clients to develop everything from smart appliance casings to smart home lighting and state-of-the-art home thermostat systems. Using the experience that over 70 years as a world leader in product development innovation brings, ARRK confidently meets the expectations of smart home projects using Urethane Casting and Computer Numerical Control (CNC) machining processes to develop mockups, prototypes and ultimately low-volume production providing one-stop development support. With an extensive range of materials and finishes at the ready, ARRK is perfectly equipped to meet the clients’ specifications all while respecting unique project geometrical dimensions. Weight matching, silk screen and paint, are some of the skills that the ARRK in-house team have masterfully developed to exceed all expectations when bringing concepts to life.

With a market size estimated at $62.69 Billion USD in 2021 and an expansion estimated at a compound annual growth rate (CAGR) of 27.04% from 2020 to 2023, ARRK continues to look to the future of the smart home market with remarkable projects on the horizon. As the ARRK North America team continues to dive deeper into the smart home world, the entire ARRK global team continues ongoing market training, ensuring they’re up to date with innovative and progressive processes to meet smart home project challenges head on. ARRK North America, Inc. holds true to its commitment to advocate internal growth, continuous market research and education to provide the utmost stellar results ARRK is known for.

To learn more about ARRK North America Inc.’s capabilities and expert services, please visit

ARRK North America, Inc.
Francisco Garcia
(858) 552-1587



  • Business
  • Electrical Manufacturing
  • Engineering
  • Manufacturing
  • Trade Shows & Events

Atos earns 2022 Innovation Award for OnDemand Enablement Tooling


Atosis proud to announce it has been awarded the 2022 Innovation Award for OnDemand Enablement Tooling from Duck Creek Technologies, the intelligent solutions provider defining the future of the property and casualty and general insurance industry.

Atos has demonstrated innovative concepts that are helpful in achieving 80% reduction in development effort, compared to manual remediation, to migrate to Duck Creek OnDemand. Atos award-winning solutions will be on display at Formation 23, Duck Creeks annual user conference taking place May 8-10 in Orlando, Florida.

This innovation award signifies Atos investment and depth in talent for creating differentiating, intellectual property. It also symbolizes our commitment in enabling Duck Creeks vision of upgrading customers to OnDemand faster and in a cost-effective way,said Shaji Farooq, Senior Vice President, Head of Financial Services & Insurance, Atos in North America.

With a focus on designing the future of the information space, Atos has deep industry expertise working with 100+ global insurers, including 16 of the worlds top 30, to help them transform operating models, modernize core technology, and increase their pace of innovation. In addition, Atos is a recognized Leader in the Everest Group Insurance Platforms IT Services PEAK Matrix Assessment and ISG Insurance Services Provider Lens Insurance ITO Services (Europe & US) in 2022.

Duck Creek Technologiesis the market-leading solutions platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent and evergreen operations.

Global Innovation & Value Summit (GIVS2022): Why ESG Evaluation Matters, to be held November 18

Opening the COP27 Conference, UN Secretary-General Antonio Guterres chided world leaders about their ongoing inaction, warning that immediate, real and tangible action is required to address the climate crisis, or “we are on the highway to hell, with our foot on the accelerator.”

IAFOR GIVS Symposium 2022 to be held on November 18:

According to Prof. Philip Sugai, Director of the Value Research Center (VRC) in Kyoto, Japan, “Corporations are now pressed to answer to a more diverse group of stakeholders, and while there are more than a hundred different types of ESG (Environment, Social, and Governance) evaluation and reporting systems, none yet offer the guidance and strategic value to businesses that are required to address the many complex issues facing business leaders today.”

The 2022 IAFOR Global Innovation and Value Summit (GIVS) is focused on providing one possible offramp from Guterres’s highway to hell, showcasing a new approach to measure and monitor the value created and destroyed by companies irrespective of their size, industry or location. The Value Model offers a powerful alternative to currently available ESG evaluation systems (ie MSCI, Bloomberg and FTSE4Good) with a new, more holistic approach for measuring, managing and creating value for a diverse group of stakeholders not yet found in any single existing ESG or sustainability reporting framework.

The 2022 GIVS event, “The Future of ESG and Value: Why ESG Evaluation Matters”, will include two panel sessions in the areas of sustainability, purpose, and value. Prof. Toshiya Hoshino, Director, ESG-Integration Research and Education Center (ESG-IREC) at Osaka University’s Osaka School of International Public Policy (OSIPP) and former Ambassador and Deputy Permanent Representative of Japan to the United Nations, will deliver the keynote speech. Having attended COP27 in Sharm el-Sheikh, Egypt, he will bring to the Symposium valuable insights on the difficult international negotiations at the COP27 conference.

The first panel session will cover critical issues that business leaders, regulators and policy makers need to focus on over the coming 12-24 months related to the implementation of ESG and sustainability within their organizations, and introduces the VRC Value Model. The second panel will explain the VRC Value Model and introduce the Value Model certification course.

The full agenda for the 2022 IAFOR GIVS event ( ) is as follows:

13:00-13:30: Keynote Address – Prof. Toshiya Hoshino, Director, ESG-Integration Research and Education Center, Osaka School of International Public Policy (OSIPP), Osaka University

13:30-15:00: Session 1 – Moderator: Prof. Haruko Satoh, OSIPP; Value Measurement & Sustainability, Challenges & Opportunities (15 min presentation each, 30-minute discussion)

– Speaker 1: Mr. Paul Beddie, International Ambassador, SAP

– Speaker 2: Dr. Flocy Joseph, Singapore Management University

– Speaker 3: Prof. Philip Sugai, Value Research Center (VRC), Doshisha University, Kyoto, Japan

15:00-15:15: Break

15:15-16:45: Session 2 – Introducing the Value Model and Value Model Certification Program

– Speaker 1: Prof. Philip Sugai, Value Research Center (VRC)

– Speaker 2: Dr. Kumar Iyer (VRC)

– Speaker 3: Seitaro Owada (EcoRing)

16:45-17:00: Concluding address – Mr. Setsu Mori, CEO & Editor-in-Chief, Alterna Magazine

This course will be provided by the Value Research Center, in collaboration with the ESG-Integration Research and Education Center (ESG-IREC) at Osaka University’s Osaka School of International Public Policy (OSIPP), as well as the VRC Juku, a new membership organization dedicated to thought leadership in value creation and measurement, with D-Bridge, a non-profit organization at Doshisha University (Kyoto, Japan).

The time for action to attain UN Sustainable Development Goals (SDGs) is growing more critical every day. As neoliberal capitalism’s excessive focus on company and shareholders’ profits is increasingly identified as a major driver of environmental destruction as well as a host of social and economic inequality issues, today’s business leaders are evaluated not only on their ability to create profitable outcomes, but to do so while simultaneously delivering real, tangible value for the other stakeholders, which include customers, employees, partners, society and ultimately the planet.


Founded in 2009, The International Academic Forum (IAFOR) is a politically independent non-partisan and non-profit interdisciplinary think tank, conference organiser and publisher dedicated to discussion, awareness and exchange through educational interaction and academic research. Based in Nagoya, Japan, its research centre is in the Osaka School of International Public Policy (OSIPP), Osaka University. Visit

About VRC

The Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021. Its mission: to develop a practical system called The Value Model, enabling organizations to measure, monitor, assess and report on their impacts to 7 key stakeholders: the organization itself, its shareholders, employees, customers, partners, society, and the planet.

The VRC enhances The Value Model continuously, integrating new frameworks as they are introduced, bringing greater transparency, objectivity and measurability to value creation – in ways we don’t often see. The VRC Value Model gives government and industry the eyes to see impacts they’re actually having, and the ability to fix what’s broken, and enhance what they’re doing well. Visit


The Osaka University Graduate School of International Public Policy – ESG Integration Research and Education Center (ESG-IREC) conducts research on practical implementable “ESG integration” models in corporate and business activities for the creation of a more sustainable future. Visit

Topic: Trade Show or Conference

G20 Digital Innovation Network (DIN): Catalyst for Digital Economy Growth in Indonesia

The G20 Digital Innovation Network (DIN) meeting is able to be a catalyst to expedite the digital economy sector development in Indonesia, said Minister Johnny G Plate, Indonesian Ministry of Communication and Informatics (KOMINFO). The event aims to bring together start-ups, venture capital companies, policy makers, as well as leading global technology enterprises, including Google.

Minister of Communication and Information Johnny G. Plate delivered his remarks at the opening of the G20 Digital Innovation Network (DIN) forum in Nusa Dua, Badung, Bali, Saturday (September 3, 2022). (ANTARAFOTO/Aditya Pradana Putra/rwa.)

“We believe that the DIN event is an important catalyst for the growth of the digital economy by strengthening collaboration among start-ups, venture capital companies, as well as national and international corporations,” the minister said in his opening remarks at the inauguration of G20 DIN, a High-level Side Event of the 2022 G20 Digital Economy Working Group (DEWG), in Nusa Dua, Bali.

Before the G20 ministers and international organization representatives present, Plate noted the development of the digital economy in Indonesia shows a positive trend. “In 2021, the value of the digital economy in Indonesia reached US$70 billion and it will increase to US$315,5 billion in 2030. This potential is Indonesia’s future economy (strength) which is supported by various well-performed start-ups,” he said.

Plate said that currently, Indonesia has two decacorn start-ups, or companies whose valuations have reached US$10 billion, and more than 10 unicorn start-ups, which have valuations of at least US$1 billion. Plate believes that start-ups play an important role in determining the development of the digital economy sector, both at the domestic and regional levels.

“I trust the G20 DIN (organizing committee) to carry out this series of meetings and discussions which are expected to encourage various collaborations on digital innovations,” Plate stated.

The G20 DIN meeting was held in the Bali International Convention Centre (BICC) in Badung District from September 2 to 4, 2022. More than 400 participants attended the event in person, while another 200 participated in the event virtually.

Chairperson of 2022 G20 DIN, Sonny Hendra Sudaryana, said at a press conference after the inauguration that the implementation of 2022 G20 DIN would focus on five priority sectors: education technology, financial inclusion, healthcare, supply chain, as well as green and renewable energy.

2022 DIN Start-Up Awards Winners:
1. Healthcare — UCARE.AI, Singapore / Neurobots, Brazil
2. Supply Chain — MOOVA, Argentina / Sinbad, Indonesia
3. Green & Renewable Energy — Xurya, Indonesia / Uali, Argentina
4. Edutech — Edubuk, India / Accredify, Singapore
5. Financial Inclusivity — WireBarley, South Korea / Lendo, Saudi Arabia

Favourite Start-Up Winners:
1. Healthcare — NUSANTIC, Indonesia / Qapsula, Russia
2. Supply Chain — Eunimart, India / FairSupply, Australia
3. Green & Renewable Energy — EINHUNDERT Energie GmbH, Germany / MVL Labs, South Korea
4. Edutech — Cakap, Indonesia / Sarente Gameon, Turkey
5. Financial Inclusivity — Komunal, Indonesia / Lendo, Saudi Arabia

G20 Digital Innovation Network:

Innovation and Value Initiative Elects New Board Members

 The Innovation and Value Initiative (IVI), an independent, nonprofit research organization dedicated to advancing patient-centric value assessment, has elected eight new members to its Board of Directors and named its Executive Committee for 2022.

“Value assessment has the potential to positively impact so many sectors of the healthcare ecosystem,” said Jennifer Bright, IVI executive director. “Our new directors come from different corners of healthcare and research and will bring important perspectives to the table. I look forward to their contributions moving forward.” The newly elected board members, whose terms began January 1, include:

· John Banta, MBA, President, Managing Director, BlueCross BlueShield Venture Partners

· Kirsten Beronio, JD, Director of Policy and Regulatory Affairs, National Association of Behavioral Healthcare

· Harold Carter, PharmD, Vice President, Strategy & Contracting, Express Scripts

· Chuck Cutler, MD, MS, President, Cutler Healthcare

· Mark Cziraky, PharmD, President and Co-Founder, HealthCore

· Nelly Ganesan, MPH, Executive Director of Community Engagement and Health Equity, JPMorgan Chase & Co. – Morgan Health

· Vipan C. Sood, MBA, RPh, MRPharmS, Vice President, Health Economics & Outcomes Research, AbbVie

· Ashley Valentine, MRes, Co-Founder & President, Sick Cells

Board member Alan Balch, PhD, CEO of Patient Advocate Foundation and National Patient Advocate Foundation, was elected to a second Board term. The newly elected Board joins existing directors Greg Daniel, PhD, Eli Lilly and Company; Patty Fritz, MA, UCB, Inc.; Andrea Maresca, Health Management Associates; Mike Thompson, National Alliance of Healthcare Purchaser Coalitions; and Neil Weissman, MedStar Health Research Institute.

The Board also elected the 2022 Executive Committee, which includes:

· Gregory Daniel, IVI Board President

· Michael Thompson, IVI President-Elect

· Patty Fritz, IVI Board Secretary/Treasurer

· Alan Balch, IVI Past-President

“I am proud to be a part of an organization that is focused on truly advancing the science of value assessment. The newly elected Board of Directors represents many perspectives, but we’re united in our common mission to identify opportunities for change in how we measure and advance value in health care for patients, in ways that emphasize patients’ experiences and priorities,” said Greg Daniel.

This marks IVI’s first election since becoming a non-profit 501c3 organization in 2019 and highlights the organization’s commitment to a thoughtful and change-focused dialogue about how to improve the science and practice of value assessment.

About IVI:

IVI is an independent, nonprofit research organization that puts patients at the center of value assessment to advance the science, practice and use of all health technology assessments. Patient-centricity, transparency, and open-source modeling are hallmarks of IVI’s value assessment approach. IVI conducts and funds research to improve scientific methods for value assessment; utilizes its transparent open-source modeling so value assessments improve more equitable resource allocation; and convenes decision makers across the healthcare spectrum to improve how assessments are used in the real world.

Innovation and Value Initiative

Eric Hoffman




  • Business
  • Medical & Health
  • Medical Research
  • Personnel Announcements
  • Philanthropy & Non-profit