Google Leads High-Tech In Innovation Equity

In a recent Temkin Group report, we examined the Innovation Equity Quotient (IEQ) for 50 large brands. IEQ looks at the percentage of consumers that are likely to try something new from a company.  Within the study, there are five consumer-facing high-tech companies (we didn’t include IBM and Intel, for instance, because they don’t tend to sell directly to consumers).

Since innovation is such a cornerstone to high-tech companies, I decided to take a closer look at those companies. Here’s a look at the IEQ for those firms along with data showing difference across age groups.

Google has the highest IEQ, which isn’t surprising since many consumers see Google as a provider of free offerings. More surprising, however, is that Microsoft’s IEQ outpaces Apple’s IEQ. This data bodes well for Google and Microsoft getting mind share for their new products.

High-tech IEQ is clearly skewed to younger audiences, especially for Apple and Google.

The bottom line: High-tech companies need customers to want their new products

About Bruce Temkin
I am a customer experience transformist, helping large organizations improve business results by changing how they deal with customers. As part of this focus, I examine strategy, marketing, interaction design, customer service, and leadership practices. I am also a fanatical student of business, so this blog provides an outlet for sharing insights from my ongoing educational journey. Simply put, I am passionate about spotting emerging best practices and helping companies master them. And, as many people know, I love to speak about these topics in almost any forum. My “title” is Managing Partner of the Temkin Group, a customer experience research and consulting firm that helps organizations become more customer-centric. Our goal is simple: accelerate the path to delighting customers. I am also the co-founder and chair of the Customer Experience Professionals Association (CXPA.org), a non-profit organization dedicated to the success of CX professionals.

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